A & M, 31 Oct 2001
There is a spate of good news on some Indians Internet
ventures, even if their numbers are small. Consider this. The year
old TheManageMentor, dedicated to professionals - with a strong
focus on building competencies. Providing networking solutions and
a host of value added services - is set to break even soon. With
over 7,000 individual members and 80 corporates, this management
portal began by aiming to be the largest online community of professionals.
Promoted by TMI Network
and funded by ICICI Ventures, the portal provides practical and
conceptual inputs across multiple channels including manufacturing,
sales and marketing, finance and accounting, information technology,
human resources, and strategic management.
It is also emerging as a knowledge management (KM) and Intranet
Management Services Company, which provides KM and intranet services
from strategy to customized content and implementation for corporates,
and knowledge augmentation services to enhance their career prospects
to individuals. According to promoters, the portal "has evolved
into a complete knowledge company with its customized knowledge
management solutions. With our partnerships with some of the leading
players in corporate training, e-learning and technology firms,
we can also provide customized learning, training and KM solutions
in India and abroad. " Some of the channels include Chat
Corner and Market
Value Meter. The latter is particularly useful as it helps professionals
to track their compensation and map the progress vis-à-vis
other professionals with similar academic credentials, skill set
and experience. A must visit for the professional community.
CIMA Endorses eCPE Portal
For its Members
Alauntan National, Sept 2001
The Malaysia division of the Chartered Institute of
Management Accountants (CIMA) has endorsed TheManageMentor.com
as a recommended electronic continuing professional education (eCPE)
portal for its members.
CIMA Malaysia President, Datuk O.K. Lee, was reported
saying the CIMA Malaysia also recognized the portal as a strategic
opportunity for its members to further promote and enhance the CPE.
According to Lee, the eCPE, Asia's first knowledge
portal developed by management professionals for management professionals
for management professionals, will help CIMA members to keep abreast
of new knowledge in a particular field of specialization.
Lee said CIMA decided to have the portal placed in
the library where it could be accessed by its members and students.
"This new option will benefit our members in
remote locations, who are unable to attend face to face CPE programmes
in big cities". He said.
The portal, the largest of its kind, provides practical
and conceptual input in 33 management areas across six channels
- manufacturing, sales and marketing, finance and accounting, information
technology (IT) human resource management and strategic management.
C & K Management Limited [Ed. Now C & K Management
Limited] an Indian-based company, launched its portal themanagementor.com
in August 2000 and already has more than 7,000 individual subscribers
and about 80 corporate subscribers.
Portal to promote continuous
New Strait Times, 6 Oct 2001
The executive committee of the Chartered Institute
of Management Accountants (CIMA) Malaysia Division has endorsed
themanagementor.com. The endorsement was based on the evaluation
reports by a technical panel from CIMA Malaysia and a subsequent
proposal and recommendations of the divisional council.
The Portal is now recognized as a strategic opportunity
to further the Malaysia division's collective efforts to promote
and enhance continuous professional education for its members via
this e-CPE tool.
"Today, the philosophy of lifelong education
is readily subscribed by professionals and those who choose to operate
at the professional level," says Benedict Morais, CIMA's business
development regional director.
The rationale behind CPE Morais says "Is to keep
abreast of new knowledge in a particular field of specialization,
to be updated with the relevant changes brought about by new legislation,
to familiarize with new techniques and methodologies that have a
bearing on a particular profession, to be aware of revolutionary
new technologies that can greatly assist professionals and to consciously
acquire the range of softer skills such as human relations, social
and business etiquette, etc, so critical for the overall packaging
and standing of the professional in the community."
Based on the core principle of CPE, themanagementor.com
is Asia's first knowledge network for professionals. The portals
is committed to enhancing the competency of professionals.
It will add value to their professional profile and
thereby they would contribute to themselves as well as to their
employers by being knowledgeable, competent and effective. Professionals
stay contemporary by gaining access to the latest ideas, technique,
best practices and case studies.
The portal has been analysed and evaluated by the
specially set-up technical panel of CIMA members of Malaysia. CIMA
is the first international institute to endorse the portal.
The arrangement between Career Community Dot Com (C
& K Management Limited) and CIMA Malaysia will provide additional
benefits to subscribers from CIMA Malaysia. These include creation
of network of CIMA fraternity, organizing moderated chats for them
and carrying out important announcements and results of CIMA.
The portal would also provide special need based content
for CIMA subscribers if there is a justifiable demand.
CIMA was founded in the year 1919 as the Institute
of Cost and Work Accountants in the UK. It was renamed CIMA in the
The institute has 70,000 students and 55,000 members
spreading over 156 countries. The institute focuses on the core
areas of management accounting and financial management and offers
the internationally recognized financial qualification for business.
A recent survey in the UK revealed that 68 per cent of the employers
in the UK chose CIMA as a preferred qualification.
Management Vortal sees break-even
V.Rishi Kumar, Business Line, Hyderabad,Sept, 14
TheManageMentor.com, a knowledge management vortal
addressing the niche management space and catering to over 80 corporates
with its range of solutions, has managed to buck the dotcom downturn
Ms M.K. Geetha, General Manager, told Business Line
that the company, which had over 7,000 individual member list, was
set to break even by the month-end after just about a year in existence.
The ManageMentor.com is promoted by TMI Network and
ICICI Ventures which hold 70 per cent and 28 per cent of equity
ICICI Ventures has part-funded the portal by infusing
Rs 8 crore. Recently. APIDC Venture Capital Ltd has invested about
Rs 50 Lakh, Ms. Geetha said.
Those investments are in addition to the promoters
funding of Rs 84 lakh and a small investment from MindTree Consulting,
its technology partner.
The portal provides practical and conceptual inputs
in 33 management areas across six channels - manufacturing, sales
and marketing, finance and accounting, information technology, human
resources and strategic management.
It also operates a K-call center for members where
a team of experts operates a helpdesk on professional and career
Continuing professional education (CPE) is a basic
requisite for management professionals and chartered accountants
and those in the financial services industry.
As a part of efforts to address electronic CPE, or
e-CPE many professional organizations and institutions have begun
to endorse this new approach of knowledge management.
The Institute of Chartered Financial Analysts of India
(ICFAI) and its affiliate institutions have endorsed the portal
as e-CPE tool for its members and students.
The portal has tied up with the Malaysian division
of the Chartered Institute of Management Accountants (CIMA), which
has recommended e-CPE to its members, CIMA has 70,000 students and
55,000 members spread over 156 countries.
Ms. Geetha said that a lot of changes were made, including
cutting down on flab and voluntary cost-efficiency measures across
layers, which had yielded "excellent results"
Mr. T. Muralidharan, Chief Executive Officer, said
that the portal was built on the principles of adult education and
thereby made it easy for professionals to unlearn and relearn all
Dr. Reddy's Labs, Hero Honda Sundaram Finance are
among corporates that leverage the company services.
"We started K-practice with Ballarpur Industries
Ltd (BILT), Delhi and MK Electricals, Chennai and provide content
to news papers and Kaashyap Radiant" Ms Geetha Said.
"We also hosted online test for the students
of the Institute of Chartered Accountants of India for the Information
Systems Audit Course.
She added " While providing a range of management
- related information, we have combined electronic and face-to-face
training in a soft skills programme for the MS in IT, a degree course
consigned by Carnegie Mellon University and partner Universities
in Andhra Pradesh" Ms Geetha added.