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ITM Business School, Chennai
No. 11/D14, 4th Main Road, SIPCOT IT Park, Old Mahabalipuram Road,
Pudupakkam Post,Siruseri, Chennai – 603 103.
Tel : 044-32974147, 27470525 Fax : 044-27470524
Email: chennai@itm.edu
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Research and Publication
Latest Journal Cover Journal Name: ITM n Ach Journal
Vol. I No.2 Dec 2007 Issue date December 2007
Volume No Vol. I
Issue No No.2
No of pages 67 pages
Cover price Rs ----------
Subscription Rs ----------
Editor name & contact address & No. Editor in Chief: Dr. N. G. Kannan, Dean, ITM-Chennai
Managing Editor: Dr. P. V. Raghavan, Director, ITM-Chennai
Editor: Dr. V. Dhamodharan, Faculty, ITM-Chennai.

Institute for Technology and Management (ITM)
11/D-14, SIPCOT IT Park, Siruseri, Old Mahabalipuram Road,
Pudupakkam (P.O.)Chennai-603 103.
Tamilnadu.
Tel: 044-32974147, 27470525Fax: 044-27470524
Email: itmnach@itm.edu/chennai@itm.edu
Website: www.itm.edu
Journal website link www.itm.edu
Contents
Sl No. Article title Author Contact e-mail
1. "Winning Streak" Means Winning Attitude And Winning Strategies MS Ramachandran & Dr. NG Kannan engeekay@hotmail.com
2. Proliferation of IT in Service Sector with special reference to Indian Banking System: Opportunities and Threats Dr. K. Mohan,Prof. V.M. Shenbagaraman & Mr. P. Saravanan vmshenbaga@yahoo.co.in
3. Mergers and Acquisitions - An Overview Mr. P. Suresh & Prof. R. Padmanabhan -----
4. Combining Mutual Funds to Reduce Risk-An investor's perspective Mr. P. Sanmugam & Dr. Varadarajan Rangarajan -----
5. Management Thoughts from Ancient Indian Wisdom Mr. S. Sathiavageeswaran -----
6. A Study on Managerial Effectiveness and Quality of work life of executives in Banks Dr. M. Parkavi & Dr. A. Ashraf Ali dr.parkavi@yahoo.co.in
7. Information Technology Trends and the Changing Nature of Work Prof. T. R. Sankaranarayanan trsankar@gmail.com
8. SEZs in India - An Overview Mr. Praveenkumar Haralalli praveen_haralalli@rediffmail.com
Expert Talk
9. Behavioural Finance: An Interview with Dr. Meir Statman Dr. Mahabaleswara Bhatta maabi_bhat@yahoo.co.in
Book Reviews
10. The Definitive Guide to Project Management: Sebastian Nokes and Sean Kelly: 2nd Edition, Pearson Education Dr. P. V. Raghavan drpvr@itm.edu/chennai@itm.edu
11. Mastering Derivatives Markets: Francesca Taylor et. Al: Pearson Power Dorling Kindersley (India) Pvt. Ltd Prof. CA. N. Venkateswaran --------
12. The Definitive Business Plan:Richard Stutely: Pearson Power Dorling Kindersley (India) Pvt. Ltd Prof. P. Rajashekhren rajashekhrenp@itm.edu

ABOUT THE JOURNAL
Institute for Technology and Management (ITM) is bringing out a management journal “ITM n Ach” consisting of research articles such as empirical, theoretical and research works with the objective of preparing readers to achieve their self-actualization needs. The journal aims to bring out research and opinion based articles in the areas of management science from academicians, research scholars, students and domain experts.

AUTHOR GUIDELINES
The manuscript should contain an abstract, introduction/purpose of the study, the significance of the contribution, approach/models (if any), context, analysis, findings, policy implications and conclusion. The font size must be 13 and the font-Times New Roman may be preferred. The text matters must be neatly typed with double spacing and ample margins all around the text. Email your text or send on computer disk in MS-Word.

ARTICLES ABSTRACT
“Winning Streak” means Winning Attitude and Winning Strategies
MS Ramachandran and Dr NG Kannan


In this paper, the authors show ways for corporates to become best performing organizations in a changing and challenging competitive environment. The paper provides an interesting insight into the types of approaches/strategies one should adopt while looking for win-win situation.

Proliferation of IT in Service sector with Special Reference to Indian Banking System: Opportunities and Threats
Dr. K. Mohan, V.M. Shenbagaraman, and P. Saravanan

A study by Dr. Mohan, Prof. V M Shenbagaraman, and P Saravanan focuses to identify the services of electronic banking, the opportunities and threats faced by the proliferation of Information Technology.

Mergers and Acquisitions – An Overview
P. Suresh and Prof. R. Padmanabhan

P. Suresh and Prof. R. Padmanabhan explain why merger and acquisitions are treated as popular strategies in business and show some evidence in relating to them.
Combining Mutual Funds to Reduce Risk – An Investor’s Perspective P Shanmugam and Dr. Varadarajan Rangarajan
A paper by Dr. R. Varadarajan and P. Shanmugam described how investor could distinguish between mutual funds based on their residual risk. They have also described how they can further reduce their risk by allocating their capital among different mutual funds in order to reduce their overall risk exposure.

Management thoughts from Ancient Indian wisdom
S Sathiavageeswaran

S Sathiavageeswaran’s paper addresses some important issues in human resource management. He highlights the importance and need to know ourselves and develop self-respect and confidence by exploring ancient wisdom.

A Study on Managerial Effectiveness and Quality of Work life of Executives in Banks
Dr. M Parkavi and Dr. A Ashraf Ali

A paper by Dr. Parkavi and Dr. Ashraf Ali analyses on managerial effectiveness and quality of work life of executives in Banks. The influences of personal and organizational factors are tested for managerial effectiveness as well for quality of work life executives in best and worst banks as per KPMG Report.

Information Technology trends and the Changing Nature of Work
Prof. T R Sankaranarayanan

Prof. T R Sankaranarayanan’s paper addresses some of interesting issues with regard to master technologies, manage organizations and build careers in the era of globalization.

SEZs in India – An Overview
Praveenkumar Haralalli
Praveenkumar Haralalli’s paper analyses the importance of SEZs in India. He also investigates the effect of SEZs on job opportunities of people in the nation.

EXPERT TALK:
Behavioural Finance: An Interview with Dr.Meir Statman
An Interview with Dr. Meir Statman

Dr. Meir Statman, the Glenn Klimek Professor of Finance at the Leavey School of Business, Santa Clara University, Santa Clara, California, explains the role of cognitive biases and emotions in investment decisions and indicates that there is a need to educate the individual investors in the right direction and motivate them to actively participate in the investment process. These were replies to a series of questions on behavioural fianance asked by Dr. Mahabaleswara Bhatta HS, Professor of finance, PES School of Management, Bangalore.

BOOK REVIEWS
The Definitive Guide to Project Management: Sebastian Nokes and Sean Kelly: 2nd Edition, Pearson Education.
Review by Dr. P V Raghavan

The framework presented in this book is based on fundamental principles that apply to all projects in all industries. The authors have covered many knowledge areas such as project integration, scope, management processes, quality management, communication, people management and other integrated areas. The book also provides an interesting insight into how the project time and cost management are being done as for as small, medium and large-scale projects are concerned.

Mastering Derivatives Markets: Francesca Taylor et.al: Pearson Power Dorling Kindersley (India) Private Limited.
Review by Prof. CA N Venkateswaran

The whole book has been divided into chapters, which are demarcated in a way most beneficial to the readers. Separate chapters are allocated to each type of products, namely, derivatives of interest rate risk, credit risk, currency risks, equity risks, and finally commodity risks. Within each chapter the discussion is elaborated under specific classifications, namely, introduction, definition, key features, special features, terminology, examples, charts, graphs, tables, and most importantly practical considerations. This makes the reading interesting and will be useful as handbook to every teacher and the taught.

The Definitive Business plan: Richard Stutely: Pearson Power Dorling Kindersley (India) Private Limited
Review by Prof. P Rajashekhren

The book when studied creates entrepreneurship in the minds of readers. The practical outlook of the subject matter creates confidence in the minds of the readers. Most of the management aspects essential to run a business right up to the financial aspects, financial statements, the financial strategies and plans are all covered in the book. The book would find useful applications for the large segment of people involved in business right from students, professors and business executives.

 
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