2. Emergence of WTO in 1995.
Ministerial Conferences.
Contradiction between developed and developing
countries.
3. Challenge to Supply Chain Management.
Threat to Flash Memory Chips (40%) and Automobile
Industry (High Tech and Colour).
MERCK Japan producing Xirallic.
Difficulty in shifting from one supplier to another.
Nissan’s 10% sales affected over Hitachi’s Engines.
Mistrust over Veg and Fruits and shifting markets.
Tourism shift.
Baosteel to get benefit.
4. Localization and polycentric approach.
Cultural Distance. (Bribe case to Indian Pilots).
Cost benefit over local hire.
Shortage of Qualified Talent – McKinsey Study of “The
Supply Paradox”.
Regional Deputation, (P&G in Beijing and Shanghai to
Northern China).
Comfortable Hierarchy.
5. Expatriation and Reverse Expatriation Program.
Internal Training.
Collaborative Curriculum Development.
China – Europe International Business School hired
dean from HBS.
Benchmarking from LBS and HBS.
Kickbacks.
6. Wharton Management Professor “Mathew Bidwell”
conducted study in Investment Banking.
30 Years old trend of job shift.
Findings of the study:
18-20% salary hike.
61% less efficiency in performance.
21% higher chances of resignations.
7. More Education and Diversified Experience.
Knowledge about Competitors.
Instant Internal Posting.
Dependence upon in house training or training of
competitors.
Poaching of Employees and Anti Poaching Agreement
(Jet – Kingfisher, LG – Samsung, Haire – Videocon,
Pepsico – Cocacola)
8. WTO – WIPO – TRIPS
Copy Right and Right to Copy
Extras of Western Brands on sale in Chinese e-
markets.
Nike against e-Bay China.
Safeguard Measures:
Search Engines to delete Websites.
Declaration after certain amount of transaction.
Accreditation to online companies.
Registration of online sellers by MOC.
9. UNSC, IAEA, NSG and NPT.
Nuclear Disaster in Japan.
20% in USA Energy Production. 80% till 2035.
Nuclear feasible to price and land requisition per 1000
MW.
Expensive construction activity. (USD 2 bn – USD 6
bn), Loan Guarantee worth USD 18.5 bn).
10. “Good Bye Nuclear” Protest in Japan in July 2012.
Italy’s Moratorium to Nuclear Plants.
Germany to investigate 7/17 Reactors.
China – Suspended instead to quadruple till 2020.
Points to consider: Public Safety, Long term Nuclear
Waste and Proliferation.
11. China’s Industrialization and US financial crisis.
Baby Boomers (1946 – 74)
The Demographics Problem:
- Ageing: No. of Children per couple, Life Expectancy.
- No. of Workers per Retiree: 3.9 to 2.2 in US, 2.98 to 1.70 in
Europe and 2.85 to 1.46 in Japan.
- Under funding of Pension funds. (73% of cost coverage till
2041)
- Selling of Bonds to fund for Retirement Benefits.
12. Migration of Young Population to compensate baby
boomers.
State of Florida.
Developing Countries far away from developed countries
in economic parameters.
- Per capita income, One Child Policy.
In 2011, 55 mn people availed social security worth USD
727 bn.
13. Sister Concerns IMF and WB domination.
Christina Lagarde as IMF MD.
Second Best Possible option to be President WB
Robert Zoellick.
Asian Contagion and Latin American Crisis.
Contradiction over power i.e. If Asian Crisis then Asian
MD respectively.
14. Corruption and Ethics in Business.
2 G Scam
“Robber Barons” in America in 1890-1934.
Lobbying Activities: Walmart Case, Chopper Scam
Lobbyists in Google.
Fodder Scam
Bofors Scam
Adarsh flats scam
15. VET Programs in Egypt and Tunisia.
Hosni Mubarak Governance.
Political Issue and Instability.
PPP participation in VET Program.
Hiring Vocational people will save investments and
Costs.
Educational investment worth 3.76% in Egypt that 8%
in Malaysia.
Lack of Accreditation system.
Dependence on neighbor countries for fundings.
16. Curriculum Updation.
Wide Recognition of VET Qualification.
Employment Assurance with optimum wage level.
Challenges of funding from Government and Private
Players.
