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People He's donning a new
cap--and by (social) choice too. Early last month, Amartya
Sen, the 64-year-old would-be Nobel
Prize-winning economist, became the first non-Briton to
be chosen to head Cambridge University's most prestigious
college, Trinity College--incidentally, his alma
mater--as its master. Only the second Indian to bag such
an honour--remember: I.G. Patel, was appointed the
director of the London School of Economics (LSE) in the
mid-1980s--England is Amartyada's favourite playground.
For, he taught at both the LSE and All Soul's College at
Oxford University before moving, in 1985, to Harvard
University where not only did he attain the distinction
of holding a dual chair, he was also elected the
president of the American Economic Association in 1993.
In this economist, there has never been a famine of ideas
She has
researched her business strategy well. And is now poised
to carry it to its logical conclusion. Any which way you
look at it, 43-year-old Kamini Banga, is
a pro. Recently, the vivacious wife of M.S. `Vindi'
Banga--who is the head of the soaps and detergents
division of the Rs 6,600-crore Hindustan Lever--called it
quits after a 20-year stint at the Indian Market Research
Bureau (IMRB), where she used to head its qualitative
research division, PQR. Next stop: launching her own
consumer consultancy firm, Dimensions Consultancy &
Qualitative Research (DCQR). "There's a worrying
trend of qualitative researchers short-circuiting the
route to strategy. You can't take data straight into
strategy; you have to convert it into meaningful
information," avers Kamini. But, for this alumnus of
IIM-a (Class Of 77)--in fact, Kamini and Vindi were
batchmates at the B-school--qualitative research is the
means to a strategic end
He's the alien among
the Androids. It's Take Two for Born-In-India CEOs of the
Big Six. On the first day of the last month, Jim
Wadia, 49, took over as one of the two worldwide
managing partners of the $5-billion Arthur Andersen--as
the head of the firm's accounting practice--emulating
48-year-old Rajat Gupta, who became the managing director
of McKinsey & Co. in July, 1994. Born in Mumbai, Jim
left the country to study law and accounting in
Switzerland in 1970. An attorney and a chartered
accountant by training--and a consultant by choice--he
joined Andersen's tax practice in England in 1977. Since
then, his rise has been meteoric: he became a manager in
1978, a partner in 1982, and was elected the managing
partner of the UK practice in 1993. Now, Jim is set to
have seven years at the helm of the world's largest
multi-disciplinary firm since Arthur Andersen has an
informal policy which stipulates that senior managers
start divesting themselves of their responsibilities only
after they turn 56. Good show, Gentleman Jim
Al
Capone and he share the same passion: cars. In fact, one
of the prized possessions of Pramode Kumar Mittal,
the 54-year-old vice-chairman of the Rs 1,366.24-crore
Ispat Industries, is a soft-hood, six-cylinder 1928
Morgan--the very mobile in which the idiosyncratic
gangster stalked the streets of Chicago in the early
1930s. That's only one of the 15 vintage beauties that
the young Mittal owns. "And all of them are in
perfect running condition," he boasts. An avid
collector of vintage cars and a rallyist--Pramode stopped
rallying two years ago only because of paucity of
time--the steel-maker recently set up a personal garage
to restore and maintain his golden collection. Says he:
"It's relatively easy to buy an automobile from the
vintage era, but the tougher part is to restore it."
As is Pramode's wont, he has kept the tougher part to
himself. His new garage looks after everything: from
restoring the original leather upholstery to retooling
each engine's original piston-valve. Little wonder, then,
that when these beauties, ranging from the 1904 Standard
Coventry to the 1932 Bentley Tourer, roll along the
streets of Calcutta--only in winter, mind you--heads
can't stop turning. That's what we call vintage forward
integration.
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