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India@60 Not just social changes… Change for Opportunity …

India@60 Not just social changes… Change for Opportunity
India after sixty years
presentation by Dr Karnam Narendar

Published in: News & Politics, Business

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  • 1. [email_address] Not just social changes… Presentation for MCJ Students of Osmania Universtiy
  • 2. Change for Opportunity
    • Status-quo is good for incumbent players (established companies) – they have products or services, smooth operations, established business models, loyal set of customers, functional teams ……
    • Change brings in disruption – that in consumer tastes, cost structures, business models, expectations, level of expertise needed, distribution channels, payment mechanisms, availability of finance
    • Change produces a level-playing field which is actually loaded in favour of a new player because of his flexibility, adaptability.
  • 3. Broad Categories of Change
    • Demographic – whole population (age distribution)
    • Economic – Emerging markets
    • Socio-Cultural -- Value systems, role models
    • Technological -- Variety, performance, cost
    • Political – democratic, authoritarian/totalitarian regimes. Free market Vs socialistic policies.
    • Legal and Regulatory -- liberalization (internal and external), enforcement of IP protection laws
  • 4. Demographic Changes
    • Working population as the % of total population
    • Life expectancy
    • Healthcare and Social Security Needs
    • Urban-Rural Ratio
    • Literacy
    • Male-Female ratio
  • 5. Socio-Cultural Changes
    • Value systems -- globalization and local assertions
    • Accepted norms of behaviour
    • Approach towards sexuality
    • Role of religion and spirituality
    • Pursuit of expertise, knowledge, wealth, possessions
    • Aspirations, fears, desires, anxieties
    • Measure of “time” – attention span, priorities, conveniences
  • 6. Technological Changes
    • Availability and wide-spread assimilation of technology
      • Information Technology and it pervasiveness
    • Costs and disposable incomes
    • Performance, variety, ease of acquisition
    • Cross applications – interdisciplinary developments
    • Comfort level of technology usage
    • Examples: CD ROM drives and mobile phones
  • 7. Economic Changes
    • Gross Domestic Product and Per Capita Income
    • Level of exports and imports
    • Inflation and interest rates
    • Availability of credit at all levels
    • Size of the middle class
    • Various growth rates – industrial growth, productivity growth, exports growth
    • Level of unemployment
  • 8. Political and Regulatory Changes
    • Regulated, protected, closed economy
    • Transition from centrally planned to market economy (India, 1991)
    • Transition from communism to “market socialism” (China, 1978-1980)
    • IPRs (copyrights, patent laws)
    • Contract Enforcement and right to property
    • Labour and land reforms
  • 9. India after sixty years
    • Young” country with rising literacy and prosperity
    • GDP growth rate of 9 % per annum
    • Growing middle class
    • Liberal, business like values, tolerant to sexuality, pursuit of wealth
    • Role of Religion ??
    • High unemployment, imbalance in the development
  • 10. India after sixty years
    • IP laws (new patent regime)
    • Respect in the global community (functional democracy)
    • Atmosphere conducive to business
    • Well developed “Institutions” – judiciary, capital markets, stock exchanges, media (free and independent), educational institutions, regulatory bodies
    • Great place to be for entrepreneurs
  • 11.
    • THANK YOU!
    • Dr.Narender, K
    • Sunday, August 12, 2007