2. Culture
Asia – predictions
Asian culture
East and West worlds
3.
4. Culture is learned, we are not born with a
culture;
We are born into culture
Culture is dynamic and interactive
5.
6.
7. Asia could have 5 of the 10 biggest
economies in the globe by 2050 (China, India,
Japan, combined Indonesia and Korea)
China GDP is projected to overtake UK and
Germany within a decade and Japan and US
by 2045
India`s GDP is projected to overtake Italy,
France, Germany and Japan in 3 decades.
8.
9. Confucianism
Etiquette
Loyalty/ Family respect
Benevolence towards groups
10. Role behaviour
Power and status
How rules are aplied
Expressions of individuality
11.
12.
13. Who owns a company in asia is actually more
important then what it actually does
More than 50% of all asian public listed
companies are owned by one single
shareholder who is a patron of a family
The importance of family control is often
more important then providing high yield to
shareholders
14. In UK
In US
Everyone tries to
Friends put up
discourage the
their money for
owner by In Sri
the owner
explaining how it Lanka
is going to fail Friends
will ask
the
In Hong Kong owners to In India
All family hire their The
works around sons and administrativ
the clock to nephews e system will
make the put up
business a monumental
success red tape