• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Final   Welingkar
 

Final Welingkar

on

  • 353 views

 

Statistics

Views

Total Views
353
Views on SlideShare
353
Embed Views
0

Actions

Likes
0
Downloads
6
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Final   Welingkar Final Welingkar Presentation Transcript

    • DANDEKAR TROPHY COMPETITION: 2008-2009 BOMBAY MANAGEMENT ASSOCIATION by Abhinay Vishnoi Gaurav Choukasey Rajat Sahai
    • “ Is the glass half full, or half empty? It depends on whether you're pouring, or drinking.” - Bill Cosby
      • Economic recession a caveat or opportunity for corrective pause
      • Attitude and point-of-view matters
      • Global business cycle – objectivity – challenging year ahead
      • Amidst problems lies the seed of opportunity
      • Started as subprime crisis in USA in 2007
      • Jargons doing the round – securitized mortgages, CDO, CDS
      • Monster – credit crunch intensifies, housing bubble bursts
      • Victims – Lehman Brothers, WaMu, AIG, and many more
      • … wait for the sequel
    • "We can't solve problems by using the same kind of thinking we used when we created them." - Albert Einstein
      • Recession affects world economies – India, China, Japan, UK, etc
      • Governments & central banks firefighting – stimulus packages
      • Slowdown evident & definite – challenges open new horizons
      • Silver lining – 50% of India’s GDP – from this sector
      • Addressable opportunity – global BPO – BFSI, Telecom, Govt.
      • Cement
      • Mining
      • Education
      • Agriculture
      • Tourism
      • Insurance esp. healthcare
      • IT and BPO
      • Global-Indian scenario
      • Flagship company of Sesa Group
      • Major stakeholder - Vedanta Group
      • Largest exporter of iron ore
      • Turnover - Rs. 1800 crores
      • Other endeavors -- 280,000 TPY metallurgical coke plant -- 250,000 TPY pig iron plant
      • Cost effectiveness & no-layoffs
      • Self-consumption & multiple revenue sources
      • Self-sufficiency
        • Coke Production
        • Power Plant - 30MW
        • Pro-active strategy
        • Other cost cutting measures: River transport , etc
        • Green Mining Initiative
        • Corporate Social Responsibility
    • Q3 Results Net profit of Rs. 607.60 crores Income from operations rose to Rs. 1,497.33 crores
      • Conclusions
          • Innovative and flexible practices
          • Well informed firm
          • Objectivity
      • Travel for recreation or leisure
      • 2007: 903 million tourist arrivals, $856b in revenue
      • 2008: Growth of just 2%
      • 2009: Growth expected to drop by 5.3%
      • 2010: Growth expected to drop by 0.2%
      • Agra: 20-30% reduction in foreign tourist arrivals (FTA)
      • Goa: 20% decrease in FTA
      • Reduction in flights at Dabolim airport: 42 to 25
      • Kashmir: 32% reduction in FTA
      • 10-15% occupancy in Gulmarg and Kashmir
      • Kerala: 35% decrease in FTA
      • 35% reduction in occupancy of house boats
      • The new business model – focus on domestic tourists
      • Packages & Promotion
      • 4 important considerations:
        • Manage the costs
        • Keep the cash flowing
        • Focus on good customer service
        • Don’t stop marketing
    • The forest is mysterious dark and deep I have many promises to keep And many miles to go before I sleep And many miles to go before I sleep - Robert Frost