This document discusses the current socio-economic turbulence occurring globally and its effects. It outlines factors contributing to economic slowdowns in Europe, the US, and other parts of the world such as high youth unemployment, currency depreciation, and political instability. Two major sectors, organized and unorganized, have been impacted through challenges like labor issues, lack of investment, and illiteracy. The document argues that strong leadership is needed to acknowledge problems, reassert purpose, drive innovation, and develop new leaders to guide nations through difficult times. It concludes by stating that India's youth will play a pivotal role in overcoming challenges as the country's future.
Final_Inspired Leadership for Turbulent Times and the Power of Youth
1. Inspired Leadership THROUGH Turbulent Times, the Power of Youth
By:
Samik Datta ( Roll No 74 )
Senjuti Sarkar ( Roll No 73 )
IISWBM(MBA- Day 2013-15)
3. CURRENT EVENTS OF SOCIO-ECONOMIC
SLOW DOWN
Major Victim Europe
Forecasts from EC in May
showed annual euro-zone GDP
shrinking by 0.6% in 2012 and
0.4% in 2013.
GDP rose by just 0.1% in
Germany and
declined by 0.2% in France.
Spain youth unemployment reaches 56.1%
The U.S. economic crisis
Increased rate of unemployment over the world
The rate in the US is 7.4% and in Japan 3.8%.
The lowest rates are seen in Austria (4.8%), Germany (5.3%) and
Luxembourg (5.7%).
Indian rupee slumps to record low
It has already slumped to a record low of less than 69 to the dollar – its
worst performance since 1995
4. REASONS FOR SOCIO-ECONOMIC TURBULENCE
US-The pioneer
The decline of the rate of
profit
Low productive output
due to lack of
motivation
Other Allied reasons
The "Queen’s-Europe”
Introduction of Euro in
all over Europe
Intra-Europe market
capitalisation
Turbulence in the
Third world countries
War in middle east has
lessen the production and
supply of petroleum.
5. EFFECTED SECTORS OF THIS ECONOMIC TURBULENCE
Organised Sector:
Any sector which runs the
business only for revenue
earning.
Challenges:
Labour hindrance
Lack of interest of workers
in job
Political involvement
Market competition
And obviously fear of less
revenue earning
6. Un-Organised Sectors :
These sectors have major
challenges
Capital Investments
Raw-material
Less government help
Lack of technical and
marketing knowledge
Illiteracy
7. ROLE OF A LEADER- COMES IN VOGUE
Acknowledge the fact
Reassert Purpose
Be focused
Be visible
Drive Innovation
Foster New leaders
Confront the most brutal facts of current
reality, whatever it may be.
Retain faith that he will prevail in the end,
regardless of the difficulties.