This document contains the authors and contact information for S. Aravindan and V. Kannan from Sri Ramakrishna Mission Vidyalaya College of Arts and Science in Coimbatore, India. It also summarizes several trends that may impact global business in the future, including the rising power of emerging markets, the growth of clean technology, demographic shifts transforming the global workforce, disruptive innovation, and the increasing role of data analytics and smart technology.
Corporate level strategies are basically about the choice of direction that a firm adopts in order to achieve its objectives.
Corporate strategy is essentially a blueprint for the growth of the firm.
The corporate strategy sets the overall direction for the organization to follow.
It also spells out the extent, pace and timing of the firm’s growth.
Globalization of Indian business - International Business - Manu Melwin Joymanumelwin
One of the major forces of globalization in India has been in the growth of outsourced IT and business process outsourcing (BPO) services. The last few years have seen an increase in the number of skilled professionals in India employed by both local and foreign companies to service customers in the US and Europe in particular. Taking advantage of India’s lower cost but educated and English-speaking work force, and utilizing global communications technologies such as voice-over IP (VOIP), email and the internet, international enterprises have been able to lower their cost base by establishing outsourced knowledge-worker operations in India.
An introductory presentation here for business students outlining the relationship between business strategy and technological environment. The role of technological change as an opportunity or threat is examined as are the drivers of innovation and the process of diffusion.
Presentation based on Harvard Business Review article: "What is Disruptive Innovation?", by Clayton M. Cristensen, Michael E. Raynor, and Rory McDonald – December, 2015 issue.
The theory of disruptive Innovation was introduced in the article: "Disruptive Technologies: Catching the Wave", by Joseph L. Bower and Clayton M. Christensen from the HBR january–february 1995 issue.
Corporate level strategies are basically about the choice of direction that a firm adopts in order to achieve its objectives.
Corporate strategy is essentially a blueprint for the growth of the firm.
The corporate strategy sets the overall direction for the organization to follow.
It also spells out the extent, pace and timing of the firm’s growth.
Globalization of Indian business - International Business - Manu Melwin Joymanumelwin
One of the major forces of globalization in India has been in the growth of outsourced IT and business process outsourcing (BPO) services. The last few years have seen an increase in the number of skilled professionals in India employed by both local and foreign companies to service customers in the US and Europe in particular. Taking advantage of India’s lower cost but educated and English-speaking work force, and utilizing global communications technologies such as voice-over IP (VOIP), email and the internet, international enterprises have been able to lower their cost base by establishing outsourced knowledge-worker operations in India.
An introductory presentation here for business students outlining the relationship between business strategy and technological environment. The role of technological change as an opportunity or threat is examined as are the drivers of innovation and the process of diffusion.
Presentation based on Harvard Business Review article: "What is Disruptive Innovation?", by Clayton M. Cristensen, Michael E. Raynor, and Rory McDonald – December, 2015 issue.
The theory of disruptive Innovation was introduced in the article: "Disruptive Technologies: Catching the Wave", by Joseph L. Bower and Clayton M. Christensen from the HBR january–february 1995 issue.
Economics and Finance Society_ A Comprehensive Exploration.pdftewhimanshu23
✔Economics and Finance Society: A Comprehensive Exploration
As we delve into the heart of this nexus, we unravel the symbiotic relationship between economics and finance society,
For more information
📕Read -https://mrbusinessmagazine.com/economics-and-finance-society-comprehensive-exploration/
And get Insights
Estudo feito pela Oxford Economics
Talento Global de 2021 Como a nova geografia do talento vai transformar estratégias de recursos humanos
mudanças na oferta de talentos irá ocorrer durante a próxima década. Para completar os resultados
de nossa pesquisa quantitativa, foi realizada uma série de entrevistas em profundidade com HR
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Mergers & acquisitions in knowledge economy.pdfkishanankani
The break out of Industrial revolution in the late 18th century, manual labor and animalbased
economy was replaced by machine-based manufacturing. The emphasis on human capital
and intellectual capital is gaining importance in any business model in the present knowledge
economy .The sustenance and development of intellectual capital is closely related to the
creation and maintenance of competitive advantage in the knowledge economy. This has led
many organizations to consider mergers and strategic alliances to strengthen their intellectual
capital and resources.
In India recent trends in the mergers and acquisitions show that major companies are
constantly on prowl for small companies with good intellectual capital that will enhance their
intellectual capital. This is operation in all the sectors.
The paper focuses on the recent trends in the mergers that took place in India, where the
business models are restructured in accordance with the emerging knowledge economy
demands.
Global socio-economic, demographic and technological forces which HP calls Megatrends will have a sustained and transformative impact on businesses, societies, economies, cultures and our personal lives in unimaginable ways in the years to come.
Interested in learning more about Megatrends? Visit www.hpmegatrends.com.
By Gordon McConnachie and Alan K.L.Lung
Vol. 16 No.1 Spring 2013
Public Administration and Policy Journal
Published by Hong Kong Public Administration Journal and SPEED of The Hong Kong Polytechnic University
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Recent trends in global business .ppt
1. AUTHOR:
S.Aravindan,
II Bcom
Sri Ramakrishna mission vidyalaya
college of arts and science,
Srkv(po),periyanaickenpalayam,
Coimbatore-641020.
10bcm001@rmv.ac.in
CO-AUTHOR:
V.Kannan,
II Bcom(CA)
Sri Ramakrishna mission vidyalaya
college of arts and science,
Srkv(po),periyanaickenpalayam,
Coimbatore-641020.
10bcc065@rmv.ac.in
2.
Global business consists of transactions that are devised and
carried out across national borders to satisfy the objectives of
individuals, companies, and organizations. These transactions
take on various forms, which are often interrelated. Primary
types of international business are import export trade and
foreign direct investment (FDI)
3.
Emerging markets increase their global power,
Cleantech becomes a competitive advantage,
Global banking seeks recovery through transformation,
Governments enhance ties with the private sector,
Rapid technology innovation creates a smart, mobile world,
Demographic shifts transform the global workforce.
4.
Demographic shifts.
Rapidly growing middle class are reshaping not only
the business world, but also society as a whole.
Reshaped global power structure.
The rise of relationships between the public and private
sectors has shifted the balance of global power faster
Disruptive innovation.
Innovations in technology continue to have massive
effects on business and society.
5.
6.
Leading emerging markets will continue to drive global ,
Rising population and prosperity drive new consumer growth
and urbanization,
Emerging markets will become the new battleground,
Global influence grows.
7.
8.
Clean energy is a national competitive advantage,
Companies make cleantech a strategic priority,
Governments and companies move to secure valuable raw
materials and to ensure energy security,
Organizations become more transparent about their
sustainability practices.
9.
Emerging market financial institutions are gaining global stature,
Regulation will drive up the cost of business for many large
financial institutions,
Financial services will realign,
Alternative asset managers may be positioned to benefit from
realignment of the financial services industry.
10.
Emerging markets countries expand their social benefits,
Aging populations and immigration inflows pose new
spending challenges,
Governments direct their economies,
Governments balance global cooperation with pursuit of
their national interests.
11.
12.
Businesses will compete on analytics to differentiate
themselves
Smart mobility will change the way people interact,
Technology blurs boundaries,
Cloud computing takes off – finally,
The power of the individual will spur innovation,
Government’s role in innovation grows.
13.
14.
Labour force demographics will shift profoundly,
There is a growing mismatch between the skills employers
need and the talent available,
“Generation U” and women to fill the skills gaps and create
a new focus on broader segments of the talent pool,
The talent market is increasingly global and mobile,
Employees gain more bargaining power.
15.
As businesses and governments look to the future, they would
do well to remember that executing on their existing strategy
may no longer be good enough.
With a different mindset, they can re-imagine what is possible,
discovering what they can do that is new, and how best to do it.
Those that Succeed may find themselves not just navigating
tomorrow’s global trends, but actually shaping them.