Economics
•Download as PPTX, PDF•
2 likes•2,968 views
The document discusses the impact of globalization on the Indian economy and service sector. It notes that globalization has had a highly positive impact on India's economic growth, reducing poverty and increasing employment, exports, and competitiveness. The service sector is a major contributor to India's social and economic growth, and has grown significantly due to factors like urbanization and privatization. India's GDP growth rate has increased from 5.6% in 1980-1990 to over 8% in some years since the 1990s. India has also improved its global economic position and is now a top exporter of services. However, the document cautions that policies like liberalization and privatization must be properly sequenced and paced to provide safety nets and avoid
Report
Share
Report
Share
Recommended
LIBERALIZATION, PRIVATIZATION AND GLOBALIZATIONAND ITS IMPACT ON INDIAN ECONO...
The document discusses the introduction and impact of liberalization, privatization, and globalization (LPG) policies in India beginning in 1991. It notes that LPG was initiated to address declining economic indicators and unemployment. Key aspects of the LPG reforms included abolishing licensing for most industries, liberalizing foreign investment, privatizing state-owned enterprises, and integrating the Indian economy globally. The reforms are credited with increasing India's GDP growth, foreign investment, per capita income, and reducing unemployment over the following decades. Several industries like telecommunications, retail, and automotive significantly expanded due to the new policies.
LPG- Liberalisation Privatisation Globalisation
Liberalization is a very broad term that usually refers to fewer government regulations and restrictions in the economy.
Privatization means transfer of ownership and/or management of an enterprise from the public sector to the private sector .It also means the withdrawal of the state from an industry or sector partially or fully.
Globalization implies integration of the economy of the country with the rest of the world economy and opening up of the economy for foreign direct investment by liberalizing the rules and regulations and by creating favorable socio-economic and political climate for global business.
LPG POLICIES
This document discusses the changes to the Indian economy through liberalization, privatization, and globalization (LPG). It introduced LPG reforms in 1991 to address issues like government overspending, inefficiency, and low foreign exchange reserves. Liberalization relaxed trade restrictions and opened the economy. Privatization transferred public sector enterprises to private ownership to improve efficiency. Globalization integrated India's economy internationally through foreign investment, trade, and technology diffusion. While LPG led to growth, it also increased unemployment and the wealth gap according to the document.
Liberalisation privatisation globalisation
1) In 1991, India implemented economic reforms known as Liberalization, Privatization, and Globalization (LPG) due to factors like a balance of payments crisis, high government debt, and inefficiency.
2) Liberalization reduced regulations on industry and trade. Privatization transferred ownership of public sector enterprises to private companies. Globalization opened the economy to foreign investment and trade.
3) The LPG reforms accelerated India's economic growth, increased exports and foreign investment, and improved standards of living. However, challenges remain to ensure equal benefits of growth and further reforms.
Lpg
The document discusses India's development strategy prior to 1991 which focused on mixed economy and state control of key industries like coal, steel, and power. While this led to growth in certain areas, it also had negative aspects like slow industrial growth and rising government expenditure. This necessitated reforms through liberalization, privatization, and globalization which aimed to relax rules for private sectors, reduce public sectors, and integrate India's economy globally. The strategies involved opening industries to private players, selling public enterprises, and removing trade barriers. The document outlines the processes, advantages, and disadvantages of each reform component.
Effect of liberalization and Globalization on consumption pattern of India
Effect of liberalization and Globalization on consumption pattern of IndiaUnitedworld School Of Business
This document discusses the effects of liberalization, globalization, and demographic changes on consumption patterns in India. It notes that liberalization refers to a relaxation of previous government restrictions, especially moving from a planned to market economy. It describes how India initially pursued a policy of government control over the economy until economic liberalization began in the 1990s. Globalization and liberalization have greatly influenced the Indian economy by making it a huge consumer market based more on demand and supply than government planning. This has increased foreign investment and jobs but also competition for domestic companies. Changes in consumption have impacted growth rates and emerged a large public sector.Lpg
The document discusses the economic changes in India due to liberalization, privatization, and globalization. It describes how the Indian economy moved from a controlled system to a more open market system through liberalizing industries, privatizing state-owned enterprises, and increasing global integration. The key impacts were reducing government controls on business, transferring public sector ownership and management to private companies to improve performance and generate funds, and growing economic and business ties internationally to access new markets, resources, and opportunities.
Economic Reforms LPG
This lesson shows entire theory of government economics reforms
like Liberalization, Privatisation and Globlisation.
Recommended
LIBERALIZATION, PRIVATIZATION AND GLOBALIZATIONAND ITS IMPACT ON INDIAN ECONO...
The document discusses the introduction and impact of liberalization, privatization, and globalization (LPG) policies in India beginning in 1991. It notes that LPG was initiated to address declining economic indicators and unemployment. Key aspects of the LPG reforms included abolishing licensing for most industries, liberalizing foreign investment, privatizing state-owned enterprises, and integrating the Indian economy globally. The reforms are credited with increasing India's GDP growth, foreign investment, per capita income, and reducing unemployment over the following decades. Several industries like telecommunications, retail, and automotive significantly expanded due to the new policies.
LPG- Liberalisation Privatisation Globalisation
Liberalization is a very broad term that usually refers to fewer government regulations and restrictions in the economy.
Privatization means transfer of ownership and/or management of an enterprise from the public sector to the private sector .It also means the withdrawal of the state from an industry or sector partially or fully.
Globalization implies integration of the economy of the country with the rest of the world economy and opening up of the economy for foreign direct investment by liberalizing the rules and regulations and by creating favorable socio-economic and political climate for global business.
LPG POLICIES
This document discusses the changes to the Indian economy through liberalization, privatization, and globalization (LPG). It introduced LPG reforms in 1991 to address issues like government overspending, inefficiency, and low foreign exchange reserves. Liberalization relaxed trade restrictions and opened the economy. Privatization transferred public sector enterprises to private ownership to improve efficiency. Globalization integrated India's economy internationally through foreign investment, trade, and technology diffusion. While LPG led to growth, it also increased unemployment and the wealth gap according to the document.
Liberalisation privatisation globalisation
1) In 1991, India implemented economic reforms known as Liberalization, Privatization, and Globalization (LPG) due to factors like a balance of payments crisis, high government debt, and inefficiency.
2) Liberalization reduced regulations on industry and trade. Privatization transferred ownership of public sector enterprises to private companies. Globalization opened the economy to foreign investment and trade.
3) The LPG reforms accelerated India's economic growth, increased exports and foreign investment, and improved standards of living. However, challenges remain to ensure equal benefits of growth and further reforms.
Lpg
The document discusses India's development strategy prior to 1991 which focused on mixed economy and state control of key industries like coal, steel, and power. While this led to growth in certain areas, it also had negative aspects like slow industrial growth and rising government expenditure. This necessitated reforms through liberalization, privatization, and globalization which aimed to relax rules for private sectors, reduce public sectors, and integrate India's economy globally. The strategies involved opening industries to private players, selling public enterprises, and removing trade barriers. The document outlines the processes, advantages, and disadvantages of each reform component.
Effect of liberalization and Globalization on consumption pattern of India
Effect of liberalization and Globalization on consumption pattern of IndiaUnitedworld School Of Business
This document discusses the effects of liberalization, globalization, and demographic changes on consumption patterns in India. It notes that liberalization refers to a relaxation of previous government restrictions, especially moving from a planned to market economy. It describes how India initially pursued a policy of government control over the economy until economic liberalization began in the 1990s. Globalization and liberalization have greatly influenced the Indian economy by making it a huge consumer market based more on demand and supply than government planning. This has increased foreign investment and jobs but also competition for domestic companies. Changes in consumption have impacted growth rates and emerged a large public sector.Lpg
The document discusses the economic changes in India due to liberalization, privatization, and globalization. It describes how the Indian economy moved from a controlled system to a more open market system through liberalizing industries, privatizing state-owned enterprises, and increasing global integration. The key impacts were reducing government controls on business, transferring public sector ownership and management to private companies to improve performance and generate funds, and growing economic and business ties internationally to access new markets, resources, and opportunities.
Economic Reforms LPG
This lesson shows entire theory of government economics reforms
like Liberalization, Privatisation and Globlisation.
Fc sem 2 concept of liberalization privatization and globalization
This document provides an overview of the concepts of liberalization, privatization, and globalization. It discusses how liberalization aims to reduce state control over economic activities to increase business autonomy and market forces. Privatization transfers control of public sector resources to private sector ownership to improve efficiency. Globalization integrates national economies through increased cross-border trade, investment, and cultural exchange. The document outlines the major reforms introduced in India in 1991 to liberalize and integrate its economy, including reducing tariffs and opening markets to foreign investment. Both opportunities and risks of globalization are presented.
LPG
The document discusses India's New Industrial Policy of 1991 which introduced the principles of liberalization, privatization, and globalization (LPG). It aimed to liberalize trade and industry, privatize state-run companies, and make the Indian economy more globally integrated in order to address issues like high government debt, losses in public sector enterprises, and low foreign exchange reserves. The policy changes were meant to increase economic efficiency and growth by reducing regulations and opening India's markets to foreign investments and trade. The document outlines the key aspects of LPG and provides arguments for and against their potential economic and social impacts.
LIBRALISATION PRIVATISATION AND GLOBALISATION
The document discusses India adopting the policy of liberalization, privatization and globalization (LPG) in 1991 to reform its economy. It introduced 3 key changes: 1) Liberalizing trade and industry, removing licenses and tariffs. 2) Extending privatization of public sector companies. 3) Globalizing the economy by opening it to foreign investments and trade. The reasons for LPG were issues like high government debt, inefficiencies, and losses in public sector firms. Liberalization deregulated industry and trade. Privatization sold public companies to private owners. Globalization integrated India's economy globally through foreign investments and trade. The goal of LPG was to make India's economy more efficient and competitive through market-oriented
LPG - Indian Scenario
The document provides an overview of liberalization, privatization and globalization (LPG) in India. It discusses the reasons for implementing LPG in 1991, including growing government deficits, inefficiencies and mismanagement. Key aspects of the 1991 reforms included liberalizing trade and foreign investment, cutting import tariffs, privatizing public sector enterprises, and integrating India's economy globally. The document outlines the impact of LPG on trade, investment and economic growth in India. It also discusses both the opportunities and challenges of increased economic openness and integration.
liberalisation privatisation globalisation (LPG)
The document discusses liberalization, privatization and globalization in India. It provides reasons for implementing economic reforms like excessive government spending, inefficiencies and losses in public sector enterprises. Liberalization relaxed regulations and restrictions in trade and industry. Privatization transferred ownership of public sector enterprises to private sector to increase efficiency. Globalization integrated India's economy internationally through foreign investment, trade and technology diffusion. The document outlines strategies, advantages and disadvantages of these economic policies.
lpg
This document discusses the topics of liberalization, privatization, and globalization. It defines these terms and explores their impacts. Globalization refers to increasing social, cultural, and economic exchanges across borders. It has both benefits and drawbacks for India, such as improved access to technology but also greater inequality. Liberalization involves removing trade barriers through policies like FEMA and FERA. Privatization aims to increase efficiency by transferring state-run industries to private ownership, but it also has advantages and disadvantages. The document then examines changes in various regions and countries resulting from these economic shifts.
LPG
The document summarizes India's economic liberalization that began in 1991 in response to a balance of payments crisis. Key aspects of liberalization included opening the economy to international trade and investment through deregulation and privatization initiatives. This "LPG model" of liberalization, privatization, and globalization aimed to make the Indian economy more efficient and competitive globally. The reforms led to increased foreign investment, GDP growth, employment, and quality of life for many Indians, though some economic sectors struggled with the opening to international competition.
LPG-Very easy ppt
The document discusses India's adoption of liberalization, privatization, and globalization (LPG) policies in 1991 to address economic issues. It overviews the reasons for implementing LPG, which included excess consumption over revenue, public sector losses, and low foreign exchange reserves. Liberalization reduced regulations to increase private participation and investment. Privatization transferred public enterprises to private ownership. Globalization integrated India's economy internationally through foreign investment. The policies aimed to boost foreign investment and exchange while increasing competition, but could also increase unemployment and inequality.
Globalisation and liberalisation
This document discusses globalization and liberalization in India. It defines globalization as the process of integrating the world economy by removing trade barriers between countries. For developing countries like India, globalization means integrating into the world economy. The document outlines the characteristics of global companies and how they operate across multiple locations. It also discusses the factors driving globalization and strategies companies can adopt for globalization. The consequences of globalization for India include unequal competition with large multinational corporations and difficulties for domestic companies. The economic reforms in India in 1991 involved liberalization, privatization and globalization to open the economy and integrate with world markets.
Liberalization
The document discusses India's economic liberalization that began in 1991 under Prime Minister P.V. Narasimha Rao and Finance Minister Manmohan Singh. It introduced the LPG model of liberalization, privatization, and globalization. Liberalization reduced import duties and trade restrictions to allow more private sector participation and market forces to guide the economy. Reforms included abolishing industrial licensing, expanding small industry investment and imports, and deregulating interest rates. The advantages included increased foreign investment and exchange reserves, more competition and efficiency. However, disadvantages included greater dependence foreign markets and loss of domestic industry.
LPG policy
The document discusses India's economic reforms in the early 1990s known as Liberalization, Privatization and Globalization (LPG model). It aimed to make the Indian economy faster growing and globally competitive through industrial, trade and financial sector reforms. Reasons for implementing LPG included large fiscal imbalances, low growth, foreign reserves and inflation. The reforms opened the Indian economy through measures like increasing foreign investment, trade, privatizing public sectors and integrating with the global economy. The reforms achieved growth but also had challenges like unemployment and increased inequality.
FDI
The document discusses India's transition to a liberalized, privatized, and globalized economy through the LPG model since 1991. It outlines the three pillars of liberalization, privatization, and globalization and how they have impacted key sectors in India like industry, finance, trade, and migration. It provides details on foreign direct investment and foreign institutional investment in India, describing their benefits and major investing countries and sectors. The summary discusses how economic reforms have transformed India from a socialist to a market-based economy and its implications.
LIBERALISATION, PRIVATISATION AND GLOBALIZATION
The document discusses the economic development of India from 1947 to present. It summarizes that India adopted a socialist model with licensing and restrictions after independence which led to low growth rates of around 3.5% until the 1980s. Liberalization in the 1990s removed many licenses and restrictions, allowing private companies to enter markets. Privatization further shifted control from public to private sectors, accelerating growth. India is now one of the fastest growing economies and on track to be a top economy by 2050. However, critics argue the development model focuses too much on large corporations and imports over job creation and small/medium businesses.
Liberalization, Privatization, Globalization (Six Thinking Hat Technique)
Six Thinking Hats is a system which describes a tool for group discussion and individual thinking involving six colored hats. "Six Thinking Hats" and the associated idea parallel thinking provide a means for groups to plan thinking processes in a detailed and cohesive way, and in doing so to think together more effectively.
In the further slides me and my team members will be explaining L.P.G (i.e. Liberalization, Privatization and Globalization) using the Six Thinking Hat Technique. The team would be more focusing on India and brushing up some parts of the world in our presentation.
Liberlisation privatisation and globalisation - an apprraisal
The document summarizes India's economic reforms since 1991 known as the New Economic Policy (NEP). It describes the economic crisis prior to 1991 that necessitated reforms, including high fiscal and trade deficits. The NEP introduced liberalization, privatization, and globalization. Key reforms included reducing licensing, opening sectors to FDI, trade liberalization, and greater private sector participation. The goals were to stabilize and grow the economy. Impacts have included increased GDP growth across all sectors, higher FDI inflows, and larger foreign exchange reserves.
Liberalization Privatization Globalization (LPG)
The document discusses India's transition to a liberalized, privatized, and globalized economy in the 1990s through policies known as LPG. It overviews the reasons for implementing LPG such as fiscal imbalances and low growth. Key aspects of liberalization, privatization, and globalization are described, including removing licensing, increasing foreign investment and trade, and privatizing public sector enterprises. Both advantages like higher growth and disadvantages like unemployment are outlined.
Liberalization
This document discusses various types of liberalization including economic, financial, trade, and agricultural liberalization. It provides background on liberalization, describing it as a reduction in the role of the state in economic affairs and a move towards privatization and free market policies. The document also outlines some of the debates around liberalization, noting potential benefits like increased trade and economic growth but also possible downsides like effects on certain industries and jobs. Key reforms associated with liberalization agendas are described, like reducing tariffs and subsidies in agriculture.
Economics crisis1991 & LPG Model
The document discusses India's economic crisis in 1991 that led the country to adopt liberalization, privatization, and globalization (LPG) policies. It notes that in 1991 India faced high fiscal and current account deficits, rising debt obligations, and inflation. Previous oil shocks and increased military spending had contributed to the crisis. Under LPG, India reduced restrictions on trade and foreign investment. It privatized state-owned companies and integrated its economy with the global market. As a result, India's growth rates increased substantially and it became one of the fastest growing economies in the world. LPG helped revive the economy and various sectors like agriculture, industry, banking, and education.
New economic policy and SAP
The document discusses India's economic policies prior to 1991, which involved a mixed economy with inward-looking and interventionist policies that led to inefficiencies. It then outlines the economic difficulties India faced in the late 1980s and early 1990s that necessitated reforms. The New Economic Policy of 1991 liberalized India's economy through delicensing most industries, allowing private sector investment, disinvestment of public sectors, and liberalizing foreign investment and trade. The policy had three main components: liberalization, privatization, and globalization. It aimed to make India's economy more competitive and open to global markets through structural adjustment supported by the IMF and World Bank.
Liberalization of india (nigam sir)
Made By
“Gaurav Patel”
Taxila Business School, Jaipur
MBA+PGDBM (07877549750)
Liberalization Privatization Globalization (LPG)
The presentations describes the 1991 Liberalization Privatization Globalization(LPG) model of Indian economy. Following are the topics discussed in the ppt:
Reasons for implementing LPG
Definitions
Advantages
Disadvantages
Disinvestment Commission
Successful privatizations in India
FDI
MNCs
Effects
industrial policy revolution of India
This document outlines several Industrial Policy Resolutions (IPRs) enacted in India to guide industrial growth and development:
- The 1948 IPR emphasized continuous production increases and set the nature of development.
- The 1956 IPR introduced under the 2nd Five-Year Plan had the objectives of accelerating growth and speeding industrialization, including preventing private monopolies.
- The 1977 IPR added the objective of "promotion" to the existing goals of "protection" and "development" to address unemployment and uneven development issues.
- The 1980 IPR was based on the 1956 resolution and outlined consumer protection, agriculture support, and export promotion socio-economic objectives.
More Related Content
What's hot
Fc sem 2 concept of liberalization privatization and globalization
This document provides an overview of the concepts of liberalization, privatization, and globalization. It discusses how liberalization aims to reduce state control over economic activities to increase business autonomy and market forces. Privatization transfers control of public sector resources to private sector ownership to improve efficiency. Globalization integrates national economies through increased cross-border trade, investment, and cultural exchange. The document outlines the major reforms introduced in India in 1991 to liberalize and integrate its economy, including reducing tariffs and opening markets to foreign investment. Both opportunities and risks of globalization are presented.
LPG
The document discusses India's New Industrial Policy of 1991 which introduced the principles of liberalization, privatization, and globalization (LPG). It aimed to liberalize trade and industry, privatize state-run companies, and make the Indian economy more globally integrated in order to address issues like high government debt, losses in public sector enterprises, and low foreign exchange reserves. The policy changes were meant to increase economic efficiency and growth by reducing regulations and opening India's markets to foreign investments and trade. The document outlines the key aspects of LPG and provides arguments for and against their potential economic and social impacts.
LIBRALISATION PRIVATISATION AND GLOBALISATION
The document discusses India adopting the policy of liberalization, privatization and globalization (LPG) in 1991 to reform its economy. It introduced 3 key changes: 1) Liberalizing trade and industry, removing licenses and tariffs. 2) Extending privatization of public sector companies. 3) Globalizing the economy by opening it to foreign investments and trade. The reasons for LPG were issues like high government debt, inefficiencies, and losses in public sector firms. Liberalization deregulated industry and trade. Privatization sold public companies to private owners. Globalization integrated India's economy globally through foreign investments and trade. The goal of LPG was to make India's economy more efficient and competitive through market-oriented
LPG - Indian Scenario
The document provides an overview of liberalization, privatization and globalization (LPG) in India. It discusses the reasons for implementing LPG in 1991, including growing government deficits, inefficiencies and mismanagement. Key aspects of the 1991 reforms included liberalizing trade and foreign investment, cutting import tariffs, privatizing public sector enterprises, and integrating India's economy globally. The document outlines the impact of LPG on trade, investment and economic growth in India. It also discusses both the opportunities and challenges of increased economic openness and integration.
liberalisation privatisation globalisation (LPG)
The document discusses liberalization, privatization and globalization in India. It provides reasons for implementing economic reforms like excessive government spending, inefficiencies and losses in public sector enterprises. Liberalization relaxed regulations and restrictions in trade and industry. Privatization transferred ownership of public sector enterprises to private sector to increase efficiency. Globalization integrated India's economy internationally through foreign investment, trade and technology diffusion. The document outlines strategies, advantages and disadvantages of these economic policies.
lpg
This document discusses the topics of liberalization, privatization, and globalization. It defines these terms and explores their impacts. Globalization refers to increasing social, cultural, and economic exchanges across borders. It has both benefits and drawbacks for India, such as improved access to technology but also greater inequality. Liberalization involves removing trade barriers through policies like FEMA and FERA. Privatization aims to increase efficiency by transferring state-run industries to private ownership, but it also has advantages and disadvantages. The document then examines changes in various regions and countries resulting from these economic shifts.
LPG
The document summarizes India's economic liberalization that began in 1991 in response to a balance of payments crisis. Key aspects of liberalization included opening the economy to international trade and investment through deregulation and privatization initiatives. This "LPG model" of liberalization, privatization, and globalization aimed to make the Indian economy more efficient and competitive globally. The reforms led to increased foreign investment, GDP growth, employment, and quality of life for many Indians, though some economic sectors struggled with the opening to international competition.
LPG-Very easy ppt
The document discusses India's adoption of liberalization, privatization, and globalization (LPG) policies in 1991 to address economic issues. It overviews the reasons for implementing LPG, which included excess consumption over revenue, public sector losses, and low foreign exchange reserves. Liberalization reduced regulations to increase private participation and investment. Privatization transferred public enterprises to private ownership. Globalization integrated India's economy internationally through foreign investment. The policies aimed to boost foreign investment and exchange while increasing competition, but could also increase unemployment and inequality.
Globalisation and liberalisation
This document discusses globalization and liberalization in India. It defines globalization as the process of integrating the world economy by removing trade barriers between countries. For developing countries like India, globalization means integrating into the world economy. The document outlines the characteristics of global companies and how they operate across multiple locations. It also discusses the factors driving globalization and strategies companies can adopt for globalization. The consequences of globalization for India include unequal competition with large multinational corporations and difficulties for domestic companies. The economic reforms in India in 1991 involved liberalization, privatization and globalization to open the economy and integrate with world markets.
Liberalization
The document discusses India's economic liberalization that began in 1991 under Prime Minister P.V. Narasimha Rao and Finance Minister Manmohan Singh. It introduced the LPG model of liberalization, privatization, and globalization. Liberalization reduced import duties and trade restrictions to allow more private sector participation and market forces to guide the economy. Reforms included abolishing industrial licensing, expanding small industry investment and imports, and deregulating interest rates. The advantages included increased foreign investment and exchange reserves, more competition and efficiency. However, disadvantages included greater dependence foreign markets and loss of domestic industry.
LPG policy
The document discusses India's economic reforms in the early 1990s known as Liberalization, Privatization and Globalization (LPG model). It aimed to make the Indian economy faster growing and globally competitive through industrial, trade and financial sector reforms. Reasons for implementing LPG included large fiscal imbalances, low growth, foreign reserves and inflation. The reforms opened the Indian economy through measures like increasing foreign investment, trade, privatizing public sectors and integrating with the global economy. The reforms achieved growth but also had challenges like unemployment and increased inequality.
FDI
The document discusses India's transition to a liberalized, privatized, and globalized economy through the LPG model since 1991. It outlines the three pillars of liberalization, privatization, and globalization and how they have impacted key sectors in India like industry, finance, trade, and migration. It provides details on foreign direct investment and foreign institutional investment in India, describing their benefits and major investing countries and sectors. The summary discusses how economic reforms have transformed India from a socialist to a market-based economy and its implications.
LIBERALISATION, PRIVATISATION AND GLOBALIZATION
The document discusses the economic development of India from 1947 to present. It summarizes that India adopted a socialist model with licensing and restrictions after independence which led to low growth rates of around 3.5% until the 1980s. Liberalization in the 1990s removed many licenses and restrictions, allowing private companies to enter markets. Privatization further shifted control from public to private sectors, accelerating growth. India is now one of the fastest growing economies and on track to be a top economy by 2050. However, critics argue the development model focuses too much on large corporations and imports over job creation and small/medium businesses.
Liberalization, Privatization, Globalization (Six Thinking Hat Technique)
Six Thinking Hats is a system which describes a tool for group discussion and individual thinking involving six colored hats. "Six Thinking Hats" and the associated idea parallel thinking provide a means for groups to plan thinking processes in a detailed and cohesive way, and in doing so to think together more effectively.
In the further slides me and my team members will be explaining L.P.G (i.e. Liberalization, Privatization and Globalization) using the Six Thinking Hat Technique. The team would be more focusing on India and brushing up some parts of the world in our presentation.
Liberlisation privatisation and globalisation - an apprraisal
The document summarizes India's economic reforms since 1991 known as the New Economic Policy (NEP). It describes the economic crisis prior to 1991 that necessitated reforms, including high fiscal and trade deficits. The NEP introduced liberalization, privatization, and globalization. Key reforms included reducing licensing, opening sectors to FDI, trade liberalization, and greater private sector participation. The goals were to stabilize and grow the economy. Impacts have included increased GDP growth across all sectors, higher FDI inflows, and larger foreign exchange reserves.
Liberalization Privatization Globalization (LPG)
The document discusses India's transition to a liberalized, privatized, and globalized economy in the 1990s through policies known as LPG. It overviews the reasons for implementing LPG such as fiscal imbalances and low growth. Key aspects of liberalization, privatization, and globalization are described, including removing licensing, increasing foreign investment and trade, and privatizing public sector enterprises. Both advantages like higher growth and disadvantages like unemployment are outlined.
Liberalization
This document discusses various types of liberalization including economic, financial, trade, and agricultural liberalization. It provides background on liberalization, describing it as a reduction in the role of the state in economic affairs and a move towards privatization and free market policies. The document also outlines some of the debates around liberalization, noting potential benefits like increased trade and economic growth but also possible downsides like effects on certain industries and jobs. Key reforms associated with liberalization agendas are described, like reducing tariffs and subsidies in agriculture.
Economics crisis1991 & LPG Model
The document discusses India's economic crisis in 1991 that led the country to adopt liberalization, privatization, and globalization (LPG) policies. It notes that in 1991 India faced high fiscal and current account deficits, rising debt obligations, and inflation. Previous oil shocks and increased military spending had contributed to the crisis. Under LPG, India reduced restrictions on trade and foreign investment. It privatized state-owned companies and integrated its economy with the global market. As a result, India's growth rates increased substantially and it became one of the fastest growing economies in the world. LPG helped revive the economy and various sectors like agriculture, industry, banking, and education.
New economic policy and SAP
The document discusses India's economic policies prior to 1991, which involved a mixed economy with inward-looking and interventionist policies that led to inefficiencies. It then outlines the economic difficulties India faced in the late 1980s and early 1990s that necessitated reforms. The New Economic Policy of 1991 liberalized India's economy through delicensing most industries, allowing private sector investment, disinvestment of public sectors, and liberalizing foreign investment and trade. The policy had three main components: liberalization, privatization, and globalization. It aimed to make India's economy more competitive and open to global markets through structural adjustment supported by the IMF and World Bank.
Liberalization of india (nigam sir)
Made By
“Gaurav Patel”
Taxila Business School, Jaipur
MBA+PGDBM (07877549750)
What's hot (20)
Fc sem 2 concept of liberalization privatization and globalization
Fc sem 2 concept of liberalization privatization and globalization
Liberalization, Privatization, Globalization (Six Thinking Hat Technique)
Liberalization, Privatization, Globalization (Six Thinking Hat Technique)
Liberlisation privatisation and globalisation - an apprraisal
Liberlisation privatisation and globalisation - an apprraisal
Viewers also liked
Liberalization Privatization Globalization (LPG)
The presentations describes the 1991 Liberalization Privatization Globalization(LPG) model of Indian economy. Following are the topics discussed in the ppt:
Reasons for implementing LPG
Definitions
Advantages
Disadvantages
Disinvestment Commission
Successful privatizations in India
FDI
MNCs
Effects
industrial policy revolution of India
This document outlines several Industrial Policy Resolutions (IPRs) enacted in India to guide industrial growth and development:
- The 1948 IPR emphasized continuous production increases and set the nature of development.
- The 1956 IPR introduced under the 2nd Five-Year Plan had the objectives of accelerating growth and speeding industrialization, including preventing private monopolies.
- The 1977 IPR added the objective of "promotion" to the existing goals of "protection" and "development" to address unemployment and uneven development issues.
- The 1980 IPR was based on the 1956 resolution and outlined consumer protection, agriculture support, and export promotion socio-economic objectives.
Liberlization,privatization,Globalization-Very easy ppt
The document discusses India's adoption of liberalization, privatization, and globalization (LPG) policies in 1991 to address economic issues. It overviews the reasons for implementing LPG, which included excess consumption over revenue, public sector losses, and low foreign exchange reserves. Liberalization reduced regulations to increase private participation and investment. Privatization transferred public enterprises to private ownership. Globalization integrated India's economy internationally through foreign investment. The policies aimed to boost foreign investment and exchange while increasing competition, but could also increase unemployment and wealth inequality.
LPG Segment in india
The document discusses India's LPG market, which is dominated by the government. It notes that demand for LPG is growing at 6% annually but supply is inconsistent. It also analyzes the different types of LPG customers and the challenges faced by private companies competing with state-owned oil marketing companies. The document aims to prepare a report using statistics to analyze the marketing aspects of India's LPG sector and identify opportunities for private and foreign firms to sustainably enter the market.
Analysis Of India Economy
The document analyzes India's economy under the LPG (Liberalization, Privatization, and Globalization) model introduced in 1991. It discusses both the benefits and drawbacks of LPG for India's economy. The key benefits mentioned are high economic growth rates, rising stock markets, increasing foreign investment and trade. However, it also notes rising inequality, environmental degradation, and benefits being concentrated among large corporations rather than rural communities. In the current state, India's economy is recovering from the global recession and growing at around 7-8% annually, but faces challenges of sustaining this and reducing poverty and regional disparities.
ECONOMIC LIBERALIZATION in india
Economic liberalization in India began in 1991 in response to a balance of payments crisis. Reforms across financial, fiscal, trade, and industrial sectors aimed to reduce restrictions and open the economy to private and foreign investment. This included abolishing industrial licensing, rationalizing tariffs, adopting a flexible exchange rate, and deregulating domestic markets. Liberalization led to increased growth rates in GDP, exports, industrial production, and per capita income. India's economy has become one of the fastest growing in the world as a result of these reforms.
Mrtp act
The Monopolies And Restrictive Trade Practices Act of 1969 aimed to regulate monopolies and prevent concentration of economic power in India. It prohibited monopolistic, restrictive, and unfair trade practices. The objectives were controlling monopolistic practices, regulating restrictive practices, and regulating unfair trade practices. The act established regulations for monopolistic trade practices like charging unreasonably high prices, restrictive trade practices that reduce competition, and unfair trade practices like deceptive promotions.
impact of globalisation on indian economy
Globalization has had a largely positive impact on the Indian economy, especially the service sector. The service sector is a major contributor to both employment and national income in India. India's exports of services have grown rapidly, with the country becoming one of the top five exporters of services among developing countries. However, globalization has also had some negative effects, lowering farmers' incomes and increasing rural debt. While economic growth has increased, the benefits have not always been inclusive and the agricultural sector has faced challenges. Overall, India has progressed significantly but continuing reforms are needed to further develop its economy under globalization.
5 of the largest warehouses
The document discusses how to click on a link to access additional information. It states that clicking on the words "Click Here" will take the user to a new page or location with further details. In just a few words, the document conveys that clicking the link will provide more content for the user to view.
real estate agent in patna 9304611353
buy/ sell your property through us we will provide you best deal
for further details call :-
Vikrant singh - 9304611353
Aef4 06
The document provides an overview of Week 6 of an English course, including the following key points:
1) The week's activities will include listening to music, reviewing grammar, talking about illnesses, telling jokes, and studying commercials.
2) A grammar exercise focuses on the present perfect simple and present perfect continuous tenses.
3) A vocabulary review covers common medical terms like temperature, cough, and blister from the previous week.
4) Sample questions are provided to ask about health, illnesses, medical history and lifestyle habits.
9 leadership development strategies
The document provides nine leadership development strategies based on a performance and potential matrix with nine boxes. It outlines specific development activities for leaders in each box, such as stretch assignments for high performers with high potential (1A), focusing on competency gaps for average performers with high potential (1B), and performance management instead of development for poor performers with limited potential (3C).
Curating Networked Presence: Beyond Pseudonymity
These are my slides from the Internet Researcher's Conference (#IR15.0) in Daegu, Korea in October 2014... you can read more about it at my research blog over at www.incitestories.com.au
長野市「平成25年度まちづくりアンケート結果【概要版】」
2月15日に新聞掲載されたが、市のホームページに掲載されるのは3月下旬とのことなので、アップ。報道と議員に1か月も早く配って、ホームページ掲載を遅らせる理由が分からん。
市民の63%がネーミングライツに賛成、70%が公共施設総量の縮小に賛成等、重要なデータを含む。
Cookbook
Este documento presenta un programa de educación nutricional y recetas saludables del programa EFNEP de Carolina del Norte. Incluye un menú semanal de comidas saludables, consejos sobre compras de alimentos y 26 recetas principales fáciles de preparar. Agradece a los nutricionistas, asistentes y voluntarios que ayudaron a desarrollar el programa y recetario para promover una alimentación saludable y actividad física.
JOTIBA
Presented By RAHUL RAMCHANDRA GAVADE- दसरा दिवाळी ,महालक्ष्मी ,कोल्हापूर ,जोतिबा ,गुडी पाडवा ,मराठी नव वर्ष ,पन्हाळा इत्यादी.
Rcm
Reliability Centered Maintenance (RCM) is a logical approach developed in the 1960s that helps companies improve equipment reliability by determining potential failure modes and maintenance plans. RCM analyzes a system's functions, potential failures, and failure effects to develop a maintenance plan. Implementing RCM increases maintenance effectiveness by ensuring the right type and frequency of maintenance, and increases efficiency by comparing maintenance costs to equipment downtime costs. RCM also provides benefits like upskilling maintenance technicians and operators through cross-training on equipment operation and failure analysis.
Viewers also liked (20)
Liberlization,privatization,Globalization-Very easy ppt
Liberlization,privatization,Globalization-Very easy ppt
Similar to Economics
Economics
Globalization has had a highly positive impact on the Indian economy. It has led to high economic growth, booming exports, reduced poverty, increased employment, decreased inflation, and improved quality of products. The service sector is a major driver of India's social and economic growth. It has grown due to urbanization, privatization, and increased demand for intermediate and consumer services. While globalization has benefited India, its policies must be customized to each country and have adequate safety nets and regulatory frameworks to balance economic development with social costs.
Challenges And Opportunities Of Globalisation
Globalization: challenges and opportunities
Abstract:
Globalization is a multifaceted phenomenon. The paper identify some of the
Challenges it poses, as well as some of the opportunities it offers. Attention is focused on three major aspects of globalization namely economic, cultural, and political.
During 1990 to 2003, the volume of world trade has increased and the higher and middle-income countries managed to increase their share in world trade mainly due to the opening up of economies because of globalization. The middle-income countries had invited more Foreign Direct Investment during the period and the per capita GDP of the low-income countries was marginally increased. This resulted into the economic inequality, which widened between different income groups. In other words globalization has been confined to developed countries and developing countries were able to participate in the process.
However, globalization should not be accused for loosing share of the low-income countries. These countries suffered from internal problems like rapid rise in population, infrastructure bottlenecks, weak financial markets and so on.
Globalization and its benefits required a conducive environment to ensure higher returns and larger markets for foreign investors. To get a share of global capital, technology and output, developing countries had to upgrade their social and economic institutions through administrative, legislative and legal reforms.
Globalization merely provides opportunities to flourish. Globalization is not a tool to produce equality of outcome but it produces equality of opportunity for those with right mindset. Therefore developing countries require focusing on economic restructuring, developing market-supporting institutions and creating efficient regulatory mechanisms.
The low-income countries cannot survive at their own; they require international assistance and a support mechanism so as to facilitate their participation in the process of globalization. The challenge of the hour is to make globalization work towards global prosperity through disaggregate development. The critically necessity in this context are the collective and cooperative actions which should be realized by all countries of the world and particularly the developed ones.
Challenges And Opportunities Of Globalisation
Globalization: challenges and opportunities
Abstract:
Globalization is a multifaceted phenomenon. The paper identify some of the
Challenges it poses, as well as some of the opportunities it offers. Attention is focused on three major aspects of globalization namely economic, cultural, and political.
During 1990 to 2003, the volume of world trade has increased and the higher and middle-income countries managed to increase their share in world trade mainly due to the opening up of economies because of globalization. The middle-income countries had invited more Foreign Direct Investment during the period and the per capita GDP of the low-income countries was marginally increased. This resulted into the economic inequality, which widened between different income groups. In other words globalization has been confined to developed countries and developing countries were able to participate in the process.
However, globalization should not be accused for loosing share of the low-income countries. These countries suffered from internal problems like rapid rise in population, infrastructure bottlenecks, weak financial markets and so on.
Globalization and its benefits required a conducive environment to ensure higher returns and larger markets for foreign investors. To get a share of global capital, technology and output, developing countries had to upgrade their social and economic institutions through administrative, legislative and legal reforms.
Globalization merely provides opportunities to flourish. Globalization is not a tool to produce equality of outcome but it produces equality of opportunity for those with right mindset. Therefore developing countries require focusing on economic restructuring, developing market-supporting institutions and creating efficient regulatory mechanisms.
The low-income countries cannot survive at their own; they require international assistance and a support mechanism so as to facilitate their participation in the process of globalization. The challenge of the hour is to make globalization work towards global prosperity through disaggregate development. The critically necessity in this context are the collective and cooperative actions which should be realized by all countries of the world and particularly the developed ones.
effect of inflation on indian economy ppt
India's economic growth over recent decades has had significant impacts globally and environmentally. India has experienced strong growth averaging over 5% annually since the 1980s, reducing poverty and becoming an emerging global economic power. This growth is projected to contribute substantially to future global economic expansion. However, it also risks increasing global energy demand and greenhouse gas emissions substantially if India's development remains fossil fuel reliant. There is potential for India and other developing nations to pursue more sustainable "leapfrog" strategies emphasizing renewable energy and resource efficiency.
India macroeconomy
The passage discusses India's declining economic growth rate of 5.3%, the lowest in seven years, and the implications this has. It notes that the near double-digit growth previously promised to lift hundreds of millions out of poverty but that goal is now in jeopardy. The economic miracle now feels like a mirage with the currency slump, decline in private investment, and falling GDP. Lower growth carries significant social costs as jobs and opportunities for the large youth population are reduced.
Final im ppt !!!
The document discusses international business opportunities in India. It notes that India has high-skilled labor and a growing middle class, making it attractive for business. However, a uniform strategy is not advisable due to cultural diversity across regions. Several sectors like IT, pharmaceuticals, and infrastructure have potential. Bodies like CII and FICCI help foster international ties and make policy recommendations. Overall, international business in India is growing significantly and future prospects are positive.
Eco 8th Lecture[1]
The document provides an overview of key concepts in economics including industrial policy, objectives of industrial policy, key areas of focus for industrial policy, initiatives taken by the Indian government, and challenges facing the Indian economy. It also defines important economic indicators such as GDP, GNP, and explains why India has become an attractive destination for foreign direct investment.
International business in india looks really lucrative and every passing day
International business in India has grown significantly in recent decades and offers many opportunities in sectors such as information technology, pharmaceuticals, infrastructure, and manufacturing. However, India remains tightly regulated compared to other major economies. While economic reforms in the early 1990s increased growth, liberalization has also exacerbated economic disparities. For international businesses, different regions of India offer varying advantages from intellectual capital to technology skills to commercial strengths, requiring tailored strategies.
Business Environment - Unit-4 - IMBA - Osmania University
Business Environment - Unit-4 - IMBA - Osmania University
Liberalisation, Privatisation, and Globalisation (LPG) in Indian Economy:
Concept of LPG
Process of LPG followed in India
Globalization and role of WTO
Regional Trading Blocks
India’s Foreign Trade and Agreements with Trading Blocks.
Highlights of the LPG Policy
Foreign Technology Agreements
Foreign Investment
MRTP Act 1969 (Amended)
Industrial Licensing
Deregulation
Beginning of Privatisation
Opportunities for overseas trade
Steps to regulate inflation
Tax reforms
Abolition of License-Permit Raj
Advantages of Globalisation in India
Industrial Licensing
Deregulation
Beginning of Privatisation
Opportunities for overseas trade
Steps to regulate inflation
Tax reforms
Abolition of License-Permit Raj
Advantages of Globalisation in India
Types of Regional Trading Blocs
Trade blocs can be stand-alone agreements between several states (such as the North American Free Trade Agreement (NAFTA) or part of a regional organization (such as the European Union).
Depending on the level of economic integration, the trade blocs can fall into the 6 different categories, such as preferential trading areas, the free trade areas, the customs unions, the common markets, the economic union and monetary unions & the political union.
Preferential Trade Area: Preferential Trade Areas (PTAs) exist when countries within a geographical region agree to reduce or eliminate tariff barriers on selected goods imported from other members of the area. This is often the first small step towards the creation of a trading bloc.
What Are The Impact Of Crude Oil Prices On Indian Economy
Crude oil prices have a significant impact on the Indian economy. Lower prices are beneficial for import-dependent countries like India by improving trade balances and consumer spending. However, lower prices negatively impact oil exporting countries. The document examines how volatility in crude oil prices affects key Indian economic indicators like GDP, inflation, and CPI. India imports around 90% of its oil needs, so both increases and decreases in crude prices pose problems and can damage the economy. The purpose is to understand this relationship and the consequences of changes in crude oil prices.
Impact of globalisation on indian economy
Globalization has increased integration of the Indian economy with the global economy since the early 1990s. Major reforms opened many sectors to foreign investment and made the economy more market-oriented. These changes fueled rapid economic growth that accelerated India's rise as a global economic power. However, challenges remain in sustaining high growth, reducing poverty and inequality, and creating enough jobs to absorb new entrants to the workforce.
Summary india
This document provides a case study on the influence of globalization on India's economy. It discusses how India has experienced consistent economic growth through pursuing economic reforms and liberalization since 1991. This opened India's markets to foreign investment and trade. As a result, India's aggregate supply and demand have increased, driven by factors such as improved infrastructure, rising incomes, and growth in exports. Globalization has played a key role in India's transition to a more developed, services-based economy and period of strong economic expansion.
Job less growth
The wave of Economic reforms appeared on India’s shores in 1991, much after china’s and other south East Asian countries such as Malaysia, Singapore and Hong Kong. Due to economic reforms, however delayed they were, Indian economy were able to brake the shackles of heavy protectionism and license raj. Economic reforms (1980s reforms and 1991 reforms) did bring out the economy from the shameful reference of so called “Hindu Growth rate” of witnessing almost stagnant 3.5% GDP growth rate. Since independence India being a country with a demographic reality which are both challenging and unique, has a perennial problem of providing employment to millions of job seekers. The other fact which is unique to India only is that service sector contribution into growth rate has risen sharply in the developing countries’ economies like India in nineties, and, therefore, have become a self propelling and dynamic sector in the accelerated growth in the economies.
This study focuses on service sector as a vector of Indian globalization. The impact of new economic reforms which acted as a catalyst for service sector is to be reviewed as they opened door for the growth rate of the country and made India a destination of FDI inflow and out flow but that increased growth rate is not translated in providing employment to the millions.
Job less growth
The wave of Economic reforms appeared on India’s shores in 1991, much after china’s and other south East Asian countries such as Malaysia, Singapore and Hong Kong. Due to economic reforms, however delayed they were, Indian economy were able to brake the shackles of heavy protectionism and license raj. Economic reforms (1980s reforms and 1991 reforms) did bring out the economy from the shameful reference of so called “Hindu Growth rate” of witnessing almost stagnant 3.5% GDP growth rate. Since independence India being a country with a demographic reality which are both challenging and unique, has a perennial problem of providing employment to millions of job seekers. The other fact which is unique to India only is that service sector contribution into growth rate has risen sharply in the developing countries’ economies like India in nineties, and, therefore, have become a self propelling and dynamic sector in the accelerated growth in the economies.
This study focuses on service sector as a vector of Indian globalization. The impact of new economic reforms which acted as a catalyst for service sector is to be reviewed as they opened door for the growth rate of the country and made India a destination of FDI inflow and out flow but that increased growth rate is not translated in providing employment to the millions.
Vidhu assignment
This document provides an overview of globalization and its impact on India. It defines globalization and discusses how India opened its economy in the early 1990s, lowering trade barriers and tariffs. This increased integration led to higher GDP growth rates, with India becoming the 4th largest economy. However, India still lags other countries in terms of factors like foreign direct investment and trade. The document also examines the relationship between globalization and poverty, consequences for national economies, and concludes that sustainable agricultural growth is still important for development.
India as business enterprise
For students of intro to business. What if they were to look at India as a business enterprise. So here is a look on India as a business enterprise.
Servicesectorwinnienpratik 140518225825-phpapp02
The document discusses India's large and rapidly growing service sector. It notes that the service sector now accounts for over 50% of India's GDP and employs over 30% of the workforce. Some of the fastest growing services discussed include trade, tourism and hospitality, transport, and business services. The tourism and hospitality industry is highlighted as a major contributor to GDP and employment. Overall the document outlines the significant role of services in India's economy and its potential for further growth.
Service Sector
This presentation is prepared by keeping in mind "India" and comparing its service sector economy with the world.
43 46
Globalization has significantly impacted India's agricultural sector in several ways. It has changed the structure of the economy so that the services sector now contributes the largest portion of GDP compared to agriculture previously. Globalization has also increased India's overall economic growth rate and position in the global economy. However, it has also led to issues like marginalization of small farmers in India as larger farmers have benefited more from economic reforms. Continuing this trend could create future problems if not addressed properly. Overall, globalization presents both opportunities and challenges that India must navigate carefully to achieve continued development.
LPG Model.pptx....................................
The document discusses India's adoption of the LPG (Liberalization, Privatization, and Globalization) model of economic reforms in the early 1990s in response to large fiscal imbalances, low growth, and other economic issues. It overviews the key aspects of liberalization like trade liberalization, privatization of public sector companies, and increasing globalization through foreign investment and engagement with international organizations. The reforms led to increased growth rates though there were also concerns about their impacts.
Similar to Economics (20)
International business in india looks really lucrative and every passing day
International business in india looks really lucrative and every passing day
Business Environment - Unit-4 - IMBA - Osmania University
Business Environment - Unit-4 - IMBA - Osmania University
What Are The Impact Of Crude Oil Prices On Indian Economy
What Are The Impact Of Crude Oil Prices On Indian Economy
LPG Model.pptx....................................
LPG Model.pptx....................................
Recently uploaded
Understanding User Needs and Satisfying Them
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Digital Transformation Frameworks: Driving Digital Excellence
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
How to Start Up a Company: A Step-by-Step Guide Starting a company is an exciting adventure that combines creativity, strategy, and hard work. It can seem overwhelming at first, but with the right guidance, anyone can transform a great idea into a successful business. Let's dive into how to start up a company, from the initial spark of an idea to securing funding and launching your startup.
Introduction
Have you ever dreamed of turning your innovative idea into a thriving business? Starting a company involves numerous steps and decisions, but don't worry—we're here to help. Whether you're exploring how to start a startup company or wondering how to start up a small business, this guide will walk you through the process, step by step.
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Kalyan Satta Matka Guessing Matka Result Main Bazar chart
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Final ank Satta Matka Dpbos Final ank Satta Matta Matka 143 Kalyan Matka Guessing Final Matka Final ank Today Matka 420 Satta Batta Satta 143 Kalyan Chart Main Bazar Chart vip Matka Guessing Dpboss 143 Guessing Kalyan night -- June 2024 is National Volunteer Month --
Check out our June display of books on voluntary organisations
Easily Verify Compliance and Security with Binance KYC
Use our simple KYC verification guide to make sure your Binance account is safe and compliant. Discover the fundamentals, appreciate the significance of KYC, and trade on one of the biggest cryptocurrency exchanges with confidence.
Building Your Employer Brand with Social Media
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Creative Web Design Company in Singapore
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Innovation Management Frameworks: Your Guide to Creativity & Innovation
Innovation Management Frameworks: Your Guide to Creativity & InnovationOperational Excellence Consulting
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentationsBusiness storytelling: key ingredients to a story
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
Industrial Tech SW: Category Renewal and Creation
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
3 Simple Steps To Buy Verified Payoneer Account In 2024
Buy Verified Payoneer Account: Quick and Secure Way to Receive Payments
Buy Verified Payoneer Account With 100% secure documents, [ USA, UK, CA ]. Are you looking for a reliable and safe way to receive payments online? Then you need buy verified Payoneer account ! Payoneer is a global payment platform that allows businesses and individuals to send and receive money in over 200 countries.
If You Want To More Information just Contact Now:
Skype: SEOSMMEARTH
Telegram: @seosmmearth
Gmail: seosmmearth@gmail.com
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoCorey Perlman, Social Media Speaker and Consultant
Social media for business Creative Web Design Company in Singapore
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Dive into the steadfast world of the Taurus Zodiac Sign. Discover the grounded, stable, and logical nature of Taurus individuals, and explore their key personality traits, important dates, and horoscope insights. Learn how the determination and patience of the Taurus sign make them the rock-steady achievers and anchors of the zodiac.
Top mailing list providers in the USA.pptx
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
CALL 8867766396 SATTA MATKA | DPBOSS | KALYAN MAIN BAZAR | FAST MATKA | DPBOSS GUESSING | TARA MATKA | KALYAN CHART | MATKA BOSS
Recently uploaded (20)
Digital Transformation Frameworks: Driving Digital Excellence
Digital Transformation Frameworks: Driving Digital Excellence
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
Easily Verify Compliance and Security with Binance KYC
Easily Verify Compliance and Security with Binance KYC
Innovation Management Frameworks: Your Guide to Creativity & Innovation
Innovation Management Frameworks: Your Guide to Creativity & Innovation
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Economics
- 1. Impact of LPG on Indian Economy (With reference to Service Sector)
- 2. WHAT IS GLOBALIZATION? The trend toward countries joining together economically, Education Society Politics and Viewing themselves not only through their national identity but also as part of the world as a whole.
- 3. Impact of Globalization on Indian Economy highly positive in almost all spheres of economic and social life and virtually no negative effect. India's economic growth has been high exports have boomed incidence of poverty has been reduced employment has surged begging by India for economic aid has stopped long-term inflation rate has gone down scarcity of goods have disappeared. the quality of products have improved substantially Overall India has become progressively vibrant and internationally competititive.
- 4. Impact of Globalization on THE SERVICE SECTOR Service sector is the lifeline for the social economic growth of a country. The real reason for the growth of the service sector is due to the increase in urbanization, privatization and more demand for intermediate and final consumer services. In advanced economies, the growth in the primary and secondary sectors are directly dependent on the growth of services like banking, insurance, trade, commerce, entertainment, etc.
- 5. The Bright Side of Globalization The rate of growth of the Gross Domestic Product of India has been on the increase from 5.6 per cent during 1980-90 to 7% in the 1993-2001 period. The foreign exchange reserves (as at the end of the financial year) were $ 39 billion (2000-01), $ 107 billion (2003-04), $ 145 billion (2005-06) and $ 180 billion (in February 2007). In respect of market capitalization India is in the fourth position with $ 894 billion
- 6. WHAT = GLOBALISATION? PRIVITIZATION + LIBERALIZATION
- 7. LPG –Globalization (Freedom to choose?) Liberalization, Privatization, LPG surely has the power to do a lot of good. But at what cost? Pursuing LPG at an alarming rate defeats the very purpose of developing the countries. Many LPG policies become being an end in themselves instead of being the means to an end.
- 8. Privatization (Freedom to choose?) Govts. have no business to be in business. (Exceptions like steel industry in Korea, Taiwan do exist) Privatization More efficient. Costs – Trimming payrolls. Replacing unproductive workers. Social costs Where does privatization leave countries which have no safety nets in place?
- 9. Liberalization (Freedom to choose?) Removal of government interference in trade, capital markets, financial markets, etc. The thrust has been on trade liberalization main idea being to utilize comparative advantage. IMF argues that with liberalization, new and efficient jobs would be created as they replace the old unproductive ones. Not instantaneous.
- 10. Sequencing and Pacing LPG Need for safety nets. Adequate regulatory framework. Uniform policies of IMF does not suit all. Thus, customize the policy framework for each country. Proper sequencing helps in adapting and responding to the challenges of globalization. Balancing of the trade agenda in favor of developing countries.
- 11. IMPACT ON INDIAN ECONOMY India’s growth rate in the 1970’s was very low at 3%. Though India’s average annual growth rate almost doubled in the eighties to 5.9%, it was still lower than the growth rate in China, Korea and Indonesia. The pick up in GDP growth has helped improve India’s global position. India’s position in the global economy has improved from the 8th position in 1991 to 4th place in 2001; when GDP is calculated on a purchasing power parity basis.
- 12. During 1991-92, The Indian economy grew by 0.9%only. However the GDP growth accelerated to 5.3 % in 1992-93, and 6.2% 1993- 94. A growth rate of above 8% was an achievement by the Indian economy during the year 2003-04. India is ranked 18th among the world’s leading exporters of services with a share of 1.3% in world exports India’s GDP growth rate can be seen from the following graph since independence
- 13. Indian Service Sector Is one of the major contributors to both employment and national income in recent times. Trading, transportation and communication, financial, real estate and business services, community, social and personal services come within the gambit of the service industry Services account for more than 60 per cent of world GDP and trade in services has grown.
- 14. Indian exports of services
- 15. India’s -Export of Commercial Services India has become one of the top five exporters of services amongst developing countries. India’s exports of services are mainly to the EU and the US. India’s export services growth rate was 16.3 in 2005-06, 25.9% in 2006-07,36.9% in 2007-08 and 33.3% in 2008-09. India has been deemed as a major exporter of services in the world with a market share of 2.72% in 2008 as against 0.6% in 1995.