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North Korea’s ICBM tests may be a deception tactic to hide a much more capable threat

North Korea’s ICBM tests may be a deception tactic to hide a much more capable threat

North Korea surprised the world by making huge strides in missile technology since launching an intercontinental ballistic missile on July 4, but according to James Kiessling, the mobile road missile can be a deception.

Kiessling, who works in the Office of the Secretary of Defense, gave personal views of Business Insider in North Korea, which does not represent the official position of the Pentagon.

“If you are really concerned about an ICBM to anyone, go back and look at history for what everyone has done for intercontinental ballistic missiles,” said Kiessling. “Every first ICBM liquid is purified.”

Through careful analysis of North Korea’s images and missile launching program statistics, Kiessling found that path and mobile-based missiles showing trucks may not work as expected and may be deliberate distractions from a draft More capable missiles.

In a document for Breaking Defense, Kiessling and his colleague Ralph Savelsberg showed a model of North Korean ballistic missiles and concluded that their small size made it basically useless to reach the United States with a significant load.

History suggests that building a true ICBM liquid fuel that can be transported in a truck has huge, if not insurmountable, problems, designers.

“The United States and the Soviets tried very hard and were never able to achieve a level of miniaturization and robustness that would support a mobile ICBM path,” Kiessling said, referring to the mineralization of warheads needed to integrate missile.

ICBMs using liquid fuel, like North Korea are “very likely to offend or damage the tankage” while being transported in a truck bumpy.

ICBM North Korea intercontinental ballistic missile Hwasong 14 AP_17185312955179
“Although not impossible, it is very difficult and extremely dangerous” to put an ICBM liquid fuel in a truck, according to Kiessling.

Instead, the United States, the Soviets and the Chinese have all created Silo-based missiles because static missiles are more stable and less prone to damage.

But there is no evidence that North Korea built a silo for missile launch, and Kiessling said that this could be due to a massive cheating campaign that could have fooled some of the world’s best missile experts.

Kiessling thinks that North Korea is preparing for a silo-based missile that combines parts of Hwasong-14, the ICBM, with its space launch vehicle, the Fingernail. The Unha and the Hwasong-14 were tested separately and Kiessling said they could be easily combined.

This analysis corresponds to comments by Mike Elleman, a senior missile defense student at the International Institute for Strategic Studies, who told Business Insider that he saw Hwasong-14 as a “tentative capability” that North Korea used to demonstrate an ICBM As fast as possible.

Containing North Korea with sticks and carrots

Containing North Korea with sticks and carrots

seventy and six percent of Americans are seriously concerned about a major military conflict with North Korea, and well it should be (“sea conflict, North Korea, Muslim militants ahead of ASEAN meetings,” August 4 ).

There are more good solutions in North Korea of the United States or its allies. North Korea has more than 100 nuclear ICBM capable of targeting our allies and US forces in South Korea, Japan, the Philippines and probably in the continental United States. This existential threat and blackmail are intolerable required if the United States should remain a free country.

There are three options: negotiations (which have failed for more than 20 years and three presidencies due to lies and bad faith in North Korea despite the incentives of US $ 1 billion); (Although the murderous dictator of North Korea is very different from the Soviet dictators of the Cold War who responded to this strategy); And the military action of our very superior army (but no longer capable of a knockout attack that prevents revenge on an unimaginable scale).

Of course, there are combinations of these three. To make a difficult situation even worse, we need a strategic and credible world leader in the State Department and the White House, where we now have another way.

China and North Korea should be persuaded by garrote and carrot that their interests can be served by the uninstallation of the Korean peninsula.

This means, for example, that China’s fears about North Korea’s impact of regime change (and the possible flow of refugees across the border) and fears of a US (and nuclear) military presence in Their border will be reduced if they cooperate with a strict strictly economic North Korea until there are negotiations in good faith.

The stick is the alternative reality that China is surrounded by nuclear countries (South Korea, Japan and the United States) with high probability of being dragged into a nuclear war at its gate that can not be used for North Korea and create massive instability in china .

New Zealand denies visas to North Korean academics to attend conference

New Zealand denies visas to North Korean academics to attend conference

TOKYO – The effort on the part of the US To isolate North Korea from every aspect of the international community is apparently widespread in New Zealand, where a group of North Korean researchers – including a historian, philosopher and linguist – were denied visas for a conference. week.

The delegation of 10 members of the Social Sciences Academy of Pyongyang was not allowed to attend the conference of the International Society for Korean Studies in Auckland this week.

His specialties include Korean folklore, philosophy, classical literature, history and education. They were to be accompanied by two “guardians”, as is the case of North Korean groups traveling abroad.

A university was traveling with Jo Hui Sung, who has a reputation in his field: the history of the Koguryo period of the three kingdoms of the Korean peninsula up to the seventh century.

However, the New Zealand government today rejected the visa application to comply with sanctions against North Korea, according to people familiar with the process. “I was told it was due to UN sanctions,” said one, who spoke anonymously to provide details of the decision.

[State Department: United States to prevent Americans from traveling to North Korea]

While the Kim Jong Un regime has continued to challenge the international community with the launching of missiles, the United Nations has imposed sanctions in an attempt to reduce North Korea’s ability to buy parts for its weapons program through logistical reduction and financing.
Meanwhile, the United States imposed much more aggressive unilateral sanctions against North Korea, the black list of individuals and companies that the Treasury Department says are involved in implementing or financing the weapons program.

On Wednesday, the head sent the State Department for East Asian Affairs Susan Thornton, told reporters that the United States was looking for possible ways to suspend North Korea’s largest security group Asia, the 27-nation regional forum ASEAN. The group, which includes the United States and South Korea, should organize its annual meeting Monday in the Philippines.

There are no sanctions applied or planned – either unilateral or multilateral – have been addressed to humanities teachers.

The New Zealand Ministry of Foreign Affairs declined to comment, referring to inquiries from the immigration service.

“Immigration from New Zealand can confirm that these visa applications were rejected for failing to comply with immigration instructions,” said Marc Piercey, a spokesman for the Immigration Service. He declined to comment further for legal and confidentiality reasons.

The visa decision was made a few days after Recorded Future, an information office on threats, released a report indicating that North Koreans had access to the Internet through a handful of countries, including New Zealand. However, it was unclear whether the report had anything to do with the decision.

North Korea Trolls Trump With Open Invite To American Tourists

North Korea Trolls Trump With Open Invite To American Tourists

In response to a ban on traveling to the United States in North Korea, North Korean officials have extended an open invitation to American tourists seeking to “see the reality of their own eyes.”

According to Newsweek, a spokesman for the North Korean Foreign Ministry issued a statement in a local bulletin (also known as the only news source in the country, which is also overseen by the state) that Americans should not be afraid of Visit North Korea.

Apparently, the anonymous spokesman was quoted as saying: “There is no reason why foreigners feel a threat to their security in [Democratic People’s Republic of Korea] has the most stable and strongest state system and many foreigners, including The Americans who visited our country unanimously in this regard. ”

In June, US tourist Otto Warmbier, 22, returned to the United States after more than a year in a North Korean prison.

The New York Times, was arrested for trying to post a propaganda poster in the US. – considered a “hostile act” by North Korean officials – and received a 15-year ruling on labor force.

After being evacuated in June, aid workers realized that the University of Virginia student was in a coma and was a year earlier. He died shortly after his arrival in the United States. The incident caused a travel ban from the United States.

According to Newsweek, three Americans – Professor Tony Kim, Professor Kim Hak-Song and Entrepreneur Kim Dong-Chul – are still trapped in prison cells in North Korea.

There are also other reasons to think that North Korea is not the “stable and strongest state system,” but that it is neither here nor there.

In general, addressing a secret dictatorship Currently being armed with hydrogen bombs capable of reaching the western coast of the United States is probably not a brilliant idea.

And as this would not be the first time North Korea has tried Trump (with threats to test long range missiles, nothing less), it is best to go on that plane

North Korea’s ‘No. 2’ official on 10-day visit to Iran that may signal wider military ties

North Korea’s ‘No. 2’ official on 10-day visit to Iran that may signal wider military ties

As part of the new US sanctions, head “No. 2” in North Korea Thursday began a 10-day visit to Iran that could ensure that both sides broaden their ties.

The official IRNA news agency IRNA reported that Kim Yong Nam, the chairman of the Supreme Assembly of North Korea, arrived Thursday at the inauguration ceremony of Iranian President Hassan Rouhani.

But as the head of the North Korean parliament is expected to stay for 10 days in Iran, it is seen as a front for other purposes, including the expansion of military cooperation. At the same time, Pyongyang looks for ways to counter the sanctions and boost the strong currency of the Kim Jong Un regime.

“There could be a very problematic cooperation going on because of past history and because it has a strategic sense, especially for Iran now,” said Emily Landau, senior researcher at the Israeli Institute of Studies on National Security and Arms Control and Head of Regional security program. INSS is an independent expert group affiliated with the University of Tel Aviv.

The man Iran described as “# 2” from the North is supposed to travel with a delegation of other officials in Pyongyang, including economic and military leaders.

“In North Korea, it’s not a matter of ideology,” Landau said. “It’s not that it’s politically close and maybe religiously oriented.

It’s about who can pay in cash. This is what makes North Korea a very dangerous source of nuclear technology, components and know-how. ”

Last month, Central Intelligence Agency director Mike Pompeo said in a speech to the National Intelligence and Security Alliance that they had “created two new mission centers to put a dagger at the heart of the problem Korea and the problem Of Iran “.

“The North Koreans and Iranians feel a serious threat in the United States and the West and consider themselves to be very different countries, but they face a somewhat similar situation,” said Matthew Bunn, a nuclear proliferation expert and professor of the School’s practice John F. Kennedy of Harvard University.

The new North Korean embassy in Tehran opened on Wednesday, according to state news agency KCNA North. He said the new embassy was “built to stimulate exchanges, contacts and cooperation between the two countries for peace and global security and international justice.”

In July, North Korea’s nuclear weapons carried out two tests of an intercontinental ballistic missile. Iran could have an ICBM capability similar to North Korea in recent years because last week it has successfully launched a bearer of rocket satellites, which some see as a precursor to the ability of weapons to ballistic missiles Long reach.

“There was quite a lot of cooperation on missiles,” Bunn said. “And, in fact, the first generations of Iranian missiles were mostly moderately adequate North Korean missiles.”

For example, the Shahab-3 of Tehran’s ballistic missiles, capable of reaching Saudi Arabia from Iranian lands, is based on North Korea’s Nodong-1 rocket technology.

Diplomat: $1 billion in North Korea exports would be banned by U.N.

Diplomat: $1 billion in North Korea exports would be banned by U.N.

A proposal for a new UN sanctions resolution that would greatly increase the economic pressure on North Korea to return to negotiations on its nuclear and missile programs by banning exports of minerals and a value of more than Shellfish to a third of last year’s total exports 1 billion, a Security Council diplomat said on Friday.

The draft resolution, obtained by The Associated Press, also prohibits countries from providing an additional opportunity for North Korean workers from another source of money for the Kim Jong Un regime.

And it forbids all new joint ventures with North Korean companies and banned new foreign investments in existing joint ventures.

Egypt, which holds the presidency of the Security Council, said that the vote on the draft resolution was scheduled for 3 pm. EDT Saturday.

The proposed new sanctions follow the first tests of intercontinental ballistic missiles of North Korea that managed to arrive at the United States 3 of July and 27 of July.

The Security Council has already imposed six rounds of sanctions have not prevented North Korea’s willingness to improve its ballistic missile and nuclear weapons capabilities.

The draft resolution condemns the launches “in the strongest terms” and reiterates previous calls for North Korea to suspend all ballistic missile launches and abandon its nuclear weapons and nuclear program “in a complete, verifiable and irreversible manner.”

The United States spent weeks after the initial launch of the intercontinental ballistic missile in the negotiation of the text with China, the neighbor and ally of North Korea.

The diplomat, who spoke under the influence of anonymity because he was not authorized to speak publicly, called it “all the most pronounced and widespread sanctions to date,” and said that the resolution must be unanimously approved.

The agreement on the draft to vote followed remarks by the United States of America, Rex Tillerson, comforted Wednesday in North Korea that Washington does not seek regime or accelerated comments of change of reunification of the Korean peninsula received by the Chinese foreign minister .

Tillerson also said that the US Wants to discuss possibly with North Korea, but I do not think the debates are productive if the North intends to maintain its nuclear weapons.

North Korea has repeatedly said it will never give up its nuclear arsenal, which it sees as a security guarantee.

The draft resolution reiterates the wording in previous Security Council resolutions that support the return of six-party talks aimed at denuclearization of the Korean peninsula, which expresses the commitment of the Security Council “for a peaceful, diplomatic solution And political situation “and reiterating the importance of maintaining peace and stability in northeastern Asia.

He also expressed regret over the “massive diversion of limited resources for the development of nuclear weapons and many expensive North Korean ballistic missile programs,” noting that more than half of the population lacks adequate food and medical care and a fourth Part of the population suffers from chronic malnutrition.

People in the News

Botox Baron Dies

Celebrity dermatologist FREDRICBRANDT, once called the Baron of Botox, has died aged 65. He apparently hanged himself. According to Dr Brandt’s publicist, he had been suffering from depression for some time and was recently devastated by what is believed to be a parody of him on the Tina Fey comedy series, Unbreakable Kimmy Schmidt. However, she added that he didn’t kill himselfbecause of that one show. An early propo­nent of botox, his clients included Madonna. He was also a writer and radio talk show host.

Raju Sent To Jail Again

B.RAMALINGARAJU was sentenced to seven years in j ail and fined Rs 5 crore after being found guilty of criminal conspiracy and cheating in the Rs 7,000-crore Satyam scam. Touted as the nation’s biggest accounting fraud, it came to light on 7 January 2009 after Raju, the company’s chief, confessed to fudging its account books and profits for years. The scam caused an estimated notional loss of Rs 14,000 crore to investors and unlawful gains of Rs 1,900 crore to Raju and others. Raju had earlier spent 30 months injudicial custody.

FRESHCHARGES

Former CMD of Syndicate BankS.K.JAlNhasbeer booked in a money laun­dering case by the En­forcement DirectorateJt took cognisance of a CB FIR, which had accused Jain of accepting a bribe of Rs 50 lakh through conduits and abusing his official position to en­hance the credit limits cf some firms. He was ear­lier arrested for grantingcredit extension to B h u s h a n Steel after it defaulted 1 on the pay­ment of loan instalments.

Raju Sent To Jail Again

B.RAMALINGARAJU was sentenced to seven years in j ail and fined Rs 5 crore after being found guilty of criminal conspiracy and cheating in the Rs 7,000-crore Satyam scam. Touted as the nation’s biggest accounting fraud, it came to light on 7 January 2009 after Raju, the company’s chief, confessed to fudging its account books and profits for years. The scam caused an estimated notional loss of Rs 14,000 crore to investors and unlawful gains of Rs 1,900 crore to Raju and others. Raju had earlier spent 30 months injudicial custody.

New Turf

  1. SHANKAR, Standard Chartered Bank’s CEO for Middle East, Africa and the Americas, has quit the bank amid a top-level management reshuffle, to pursue his ambition of managing a private equity fund. Shankar, who has been with the bank for 13 years, was instrumental in building its busi­ness and clinching deals. He is the latest among senior executives to leave the bank after chairman John Peace, chief execu­tive officer Peter Sands and Asia chief Jaspal Bindra.Berio Bows OutItalian media mogul and former prime minister SILVIO BERLUSCONI has agreed to sell his football club Inter Milan in a deal worth €1 billion. Ber­lusconi is close to selling 75 per cent of his shares in the seven-time European Cup winners after holding talks with Chinese investors. As part of the deal, Berlus­coni’s daughter Barbara is expected to continue in her post as club director.MARANSINTROUBLEThe Enforcement Directorate attached assets worth Rs 742 crore of former telecom minister and DMKleader DAYANIDHI MAR AN (right) and his brother KALANITHI M A R A N in the Aircel-Maxis case in which they are ac­cused. Dayanidhi had allegedly received Rs 742.58 crore as illegal gratification. Earlier, the CBI had alleged that Dayanidhi forced a promoter to sell his stakes in Aircel and two subsidiary firms to Malaysian firm Maxis Group.

    RAGSTORICHES

    ZHOU QUNFEl, a for­mer factory worker whc founded a company sup­plying Apple, Samsung andothertechnologica giants with touchscreer glass, has become Chi­na’s richest woman, wit” a fortune over $8 bil­lion. Qunfei, the chair­woman and presides of Hunan-based Len: Technology, saw he- wealth soar after the firm’sdebuton the Shen­zhen stock exchange

    FAR FROM FAB

    It’safairbit ofbad pub­licity for Fabindia and n: one will probably knov this better than manag­ing director William Bis- sell. He, along with CEC Subrata Dutta, were summonedfor question­ing by the police afte- HRDministerSmritilrar discovered a CCTVcam­era near the trial roomr a Fabindia store in Goa : Candolim. The store ma lose its trade licence too.

Manage talent in the digital era or stickto the traditional

Frozen foods division ofUnilever before joining Gucci in 2004. LVMH has recruited several non-industry leaders, including Laurent Boillot, formerly of Unilever. Liberty pic hired Geoffroy de La Bourdonnaye, who was with Disney for many years before joining LVMH, while Dr. Bruno E. Salzer worked at Beiersdorf and Schwarzkopfbefore becoming CEO of Hugo Boss. Stanislas de Quercize, president of Cartier and ex­president ofVan Cleef & Arpels, started his career at Procter & Gamble.

But the big three, LVMH,

Richemont, and Kering, although open to external high-potential recruits, are undoubtedly more comfortable trying to nurture employees who are already within the organization or at least within the industry, and are now investing in their talent resources to nurture leaders for tomorrow. BigorsmaU: The big three, with time, have transformed themselves into multicultural, multibrand conglomerates. While it is difficult to generalize, managers coming into the industry from outside tend to be more effective whenjoininglarger businesses than smaller ones. Culturally and in other ways, it is easier for larger
companies to assimilate outsiders, but that is not to say that smaller companies could not benefit greatly from an infusion ofleadership talent with experience of different sectors and global markets. The challenge is to find leaders who possess a high level of sensitivity and who recognize the importance of present ng the inherent value of abrand.

International versus local: The

industry is in a state offlux and is undecided. There is little consensus, even from an academic point of view, on how to modernize the luxury industry. Those who defend exclusivity and brand coherence are equally passionate about adapting to, and meeting the needs of, emerging markets. Some state that local distribution will be the key to success, and that new ways of doing business (such as going digital and e-commerce) are critical, while still arguing against employing mass- market tactics for fear of diluting that sense of exclusivity and even opulence that is the very hallmark ofluxuiy.

Thus, where can one find this manager, the leader who is best equipped to handle the seemingly contradictory elements of developing

 

new markets, opening up new distribution channels, adapting to diverse cultural expectations, and preserving exclusivity and brand coherence, while operating within a far tougher, more competitive commercial environment?

Manage talent in the digital era or stickto the traditional: The

competencies required for the digital and the traditional luxury world are notthe same. To be ambidextrous is a key challenge. Burberry and Polo Raph Lauren have embraced the digital world with ease, while many are still struggling. For example, Burberry is often recognized as a digital luxury leader. With two enthusiastic advocates steeringthe company, CEO Angela Ahrendts and chief creative officer Christopher Bailey (nowpromoted to CEO, since Angela Ahrendts left for Apple in 2014), the firm has intertwined creativity, technology, and management in a way that has helped generate consumer interest in Burberry’s products via its digital projects. Through their Art of the Trench crowd-sourcing site, a three- dimensional Iivestream show, and, most recently, an interactive digital ad campaign, Ahrendts and Bailey have facilitated collaboration across several functional departments, making everyone work together in the name of digital innovation.

Thus the ambidextrous luxury manager needs to have a portfolio of skill-sets that will make him or her comfortable in this industry… As in all industries, one size does not fit all. The luxury industry has witnessed a sea of change in the internal and the external environment during the past 20 years, and the styles of top management have evolved over that time. The specificities pertaining to these changes had profound implications on the styles of management and governance ofthese companies. 33

With permission from Wiley

THE ‘MrOF LUXURY

Why luxury brand managers require a portfolio of skillset to work in the industry

INDUSTRYARE OFTENpeople in the luxury

referred to as homoluxus. The homoluxus should always knowthatthe life span ofluxury brands is varied and totally surprising. The homoluxus is convinced that he is eternal and nothing can happen, protected by his brand, sure that he is and will remain successful. He is applauded in his social circles. He can see his own name or the name of the company he leads, in the best streets of all the cities, he is thrilled to speak about his brand, is in all the magazines—his image is seen everywhere, usually with charming ladies and stars, dressed in ablacktie. How can he be afraid of anything? …Heisnotobsessedwith money but with the product and its quality.. He is not in ahuny, has time and he is not under pressure; he is zenlike in his focus, and has nothing to demonstrate. Does he still exist in the luxury forest or is he a dinosaur?

The creator: One concocts
extraordinary olive oil that the creator presents in beautiful, elegant bottles. The creator intends to sell them in luxury delis, and he will no doubt succeed. The creator has the energy, the taste, the talent, and the patience that ittakes. Another loves jewelry, makes one-off pieces with stones that she finds from who knows where. Another mixes colors, matches fabrics, and makes necklaces of unusual shapes.

One creator was adesigner, but his former luxury house laid him off after closingits doors. He opened alittle boutique, but it didn’t work; he wasn’t a good manager. He is a creator, not an accountant. Then there’s the one who makes sandals and the other one who makes dresses. They are all in luxury’s waiting room. They struggle. Creators often have plenty of illusions. Mistakenly, they think that luxury designers can do anythingtheylike!

A creator’s freedom has to be based on rules andknowledge; otherwise, nothing good can come of it That said, the golden rule in real luxury is to

The road to

LUXURY

The Evolution, Markets,
and Strategies of

LUXURYBRANDMANAGEMENT

THE ROAD TO LUXURY: The Evolution, Markets and Strate­gies of Luxury Brand Management

AshokSom, Christian

Blanckaert

WILEY

464 pages; Rs 599

make sure creators have no managerial responsibilities, and are given a free rein. The truth is that luxury can only work if the products are unexpected and unplanned. If design becomes standardized, there is no chance of surprising the customers and making a sale. Producing articles that resemble others, that have afeel of“deja vu,” would doom the luxury market to failure. Creation goes beyond a system or habits. The organization of aluxury house has to allowforthis.

Of course, creators can be unbearable

megalomaniacs, demanding and obnoxious. But it’s in their nature, and the rest of us just have to accept that.

Luxury needs entertainers. Luxury could not exist without artists. Creators drive luxury and so sometimes reason must giveway to imagination, reality gives way to the irrational, and truth succumbs to dreams! That’s what luxury is all about Atleast, that’s howit should be. What is the common thread running between Gabrielle Chanel, Hubert de Givenchy, Yves Saint Laurent, and Christian Dior? Are all the names
of designers or brands? This is one of those rare questions where one can never E>e wrong. These are names of designers who gave their names to their brands. In the earlier days ofluxuiy, the designer stoodforthe brand. Each brand displayed the eccentricities, the enigma, and the individuality of the designer it stoodfor. What remains importantto date is that the designer gave identity to the brand, making the designer and the brand inseparable. Thus we were in a regime, where the “Creator was the Controller.” But can the creators actually

 

AFTER HOURS

BOOKEXTRACT

run aglobal business or manage the value chain ofthe business? What will happen after they leave the brand? And when they leave, most important, who is going to sell their brand?

.. .two decades ago, the luxury indus­try model was almost completely dominated bythe family business. However, the rivalry between Bernard Arnault (LVMH) and Henry Racamier created a historic structural shift within the industry as each aimed for market control through growth and acquisition. As a consequence, the industry started consolidating, andfamily houses that could not survive were absorbed within the multibrand conglomerate, except for a select group of French and Italian companies such as Hermes, Chanel (Wertheimer Family), Armani, Prada and Tod’s to name a few. These tectonic shifts from the family business model to corporatization pushed the luxury industry away from its historic style ofmanagementasthekeyfactors of success become finance instead of fam­ily, and the focus shifted to the colossal conglomerate instead ofthe small, art­isan business, which became “inadeq- quate” for a global business strategy.

To understand the management styles of the managers in the luxury industry, we need to dwell briefly on the role of the managers—and the usual typology of the management styles.

The Ambidextrous Luxury Manager: Combining the right and the left brain:

.. .Managers in the luxury industry are required to understand the unique properties ofthe luxury experience, manage highly creative people, apply tough management disciplines, and be sensitive to the cultural nuances involved in running a global business. Speed versus time: The manager has to grapple with timelessness and profitability. For example, Hermes and Chanel might be of the opinion that they are not looking at short-term profits, yet during every quarter they have to keep an eye on the revenues, which in turn will determine their

growth and investment plan. The focus on profitability is now extending across the portfolio to highly prestigious, loss-making brands, and the introduction of International Financial Reporting Structures is forcing greater transparency in financial reporting by large groups. The speed of growth and the time required have a direct bearing on the talent management of the companies. On one hand they have to nurture talent that understands and communicates the story of the brand, the product characteristics, timelessness, quality, and service of the luxury business, while on the other hand they have to cater to the speed of marketing, sales, and after-sales in international markets.

Everywhere or not: The luxury man­ager has to understand French and Italian savoirfaire while selling prod­ucts in Shenzhen, Sao Paulo, Singapore, or San Francisco. Dispatching expatriates to manage stores is one realistic option, although the expatriates more often than not do not speak the local language. The expatriate manager on his or her “colonizing” mission of emerging markets is probably well equipped but finds himself or herself short of understanding the local nuances and can be afailure. Research from Martens & Heads shows that not more than 15 percent of the actual operating CEOs are from the local emerging market. Also Maxine Martens, CEO ofMartens & Heads, rightly questions, “How many French or Italian luxury firms that do 30 percent of their business in Asia have 30 percent of their top management from Asia?” Some propose that with globalization and corporatization, the luxury industry should also follow the path of the global corporation. They should also hire more locals in the emerging markets and bring more emerging markets professionals to the HQ.

Internal versus external: Should the ambidextrous manager be found internally or should she be headhunted

externally? Research shows that there is a trend

SMART CITIES AHEAD

The time has come to take urbanization as an opportunity and not as a challenge. We need to evolve qualitative and quantitative index based urban solutions, which will result in holistic growth leading to more jobs and technological breakthroughs, innovation, thus enabling, the Prime Minister’s vision of creating 100 smart cities and providing housing for all with amenities and utilities along with quality of life. – GRK Reddy, Chairman and Managing Director, MARG Group

A rigorous, concerted, young and collaborative effort will be required by all the stakeholders for the development of smart cities”- was the message which came from the Symposium on Sustainable Smart Cities organized on the 16th of March 2015, Monday at the India Habitat Center, New Delhi. Welcoming all guests were Mr. GRK Reddy (President of the Symposium), Shri Uday Gadkari, Presiden, COA, Shri Prakash Deshmukh, President, 11A who participated throughout the conference.

The Symposium was inaugurated by the Minister of Urban Development, Shri Venkaiah Naidu. The opening session was also attended by the Minister of State for Science and Technology Shri Y S Chowdary who spoke on the theme of’Self Contain, Self Sustain’.

The Symposium coincided with the launch of a book on Smart Cities named ‘Smart and Human- Building Cities of Wisdom’. The book, published by Harper Collins, has been authored by Mr. GRK Reddy and Srijan Pal Singh. Introducing the World’s Largest Painting on the theme of Smart Cities made in January at MARG Institute of Design and Architecture Swarnabhoomi (MIDAS) at MARG Swarnabhoomi, during the 57th Annual Convention of National Association of Students of

Architecture (NASA), also emphasized on why youth centric models of transformation cities is needed.

The afternoon session of the Symposium was attended by former President of India, Dr. APJ Abdul Kalam. He formulated an ’11-point charter for Smart Habitations” and advocated for a Smart Habitation Commission. He spoke abouf the need for habitations where rural and urban divide is reduced. Dr. Kalam also launched the special mobile application to measure the quality of urban life index from users. The evening session of the Symposium was attended by Founder of the Art of Living, Sri Sri Ravishankar. He emphasized on incorporating the idea of ‘Vasudhaiva Kutumbakam- Whole World is One Family’ into the development of Smart City.

The Symposium included several other experts who presented their views. They included Mr. Uday Gadkari, Mr. Getamber Anand, Mr. Prakash Deshmukh, Ms. Juliet Jiang, Dr. Arbind Prasad, Mr. Ranbir Saran Das, Mr. Akhtar Chauhan, Mr. Jaijit Bhattacharya, Mr. Satish Magar, Prof. Prasanna Desai, Dr. Ashok Patil, Mr. Anurag Batra, Mr. Vijay Sharma and Mr. DK Hari. The Symposium was organized by Habcraft and MARG Swarnabhoomi. The partner organizations were Council of Architecture (COA), Indian Institute of Architects (IIA), CREDAI and FICCI.

To take the Smart Cities initiative further, MIDAS Institute of Smart City Planning and Management (MISPM, www.mispm.in) is starting a PG Diploma course on Smart City Planning. Inspired by numerous case studies and sustainable planning experiences across the world, the research team has collated urban analytics developed a suitable program to suit the Indian context under the banner of MISPM. The program is titled PG Diploma in Smart City Planning and Management.

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