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INDUSTRY WATCH

Strategic Analysis of ASEAN Automotive Outlook: ASEAN market comprises passenger vehicles and commercial vehicles that are segmented based on local market conditions. High economic growth, increasing disposable incomes, increased investments, expanding production capacities, and launch of new vehicle models are the key drivers of automotive market in ASEAN.

Analysis of the Optoelectronics Market in Emerging Markets: An optoelectronic device is a device that is capable of converting an electrical signal into optical signals or vice versa. The increasing use of optoelectronics in electronic devices that consume less power will ensure steady revenue growth for emerging markets. Image sensors are finding increasing applications in consumer electronic devices such as TVs and mobile phones.

Understanding India's Regional Health Markets: India's healthcare market has strong fundamentals. The key drivers of expenditure are a huge population, more long-term diseases, improving access to medicine and relatively high inflation. A lack of healthcare infrastructure, especially state-run hospitals and clinics, is the most significant drag on medical expenditure in India.

Hot Drink in 2013: While the global outlook for all hot drinks remains positive, it is coffee which continues to steal the show, achieving remarkable value growth through substantial growth in pod machines, continued innovation in instant coffee, and the global halo effect of the coffee shop revolution. Tea and other hot drinks, by contrast, increasingly depend on a much smaller core of key markets, demanding a more locally focused strategy.

Biotechnology in Asia-Pacific: The biotechnology market consists of the development, manufacturing, and marketing of products based on advanced biotechnology research. The pharmaceutical, medical, and biotechnology sectors in Asia-Pacific are currently receiving high levels of private equity funding, as the region is emerging as the new location for drug development and innovation.

ARTICLE ALERT

The Role and Impact of Accounting in Family Business: What is the role of accounting in family business? Which accounting issues are relevant in family business? How are different accounting practices implemented in family business? And how do these practices affect various family business outcomes and dynamics? This article aims to answer these and other questions by focusing on three key family business characteristics: 1. involvement of the family in ownership, governance and management, 2. socio emotional wealth, and 3. succession.

Hiring in E-tail: The e-tailing industry in India is poised to touch the $76 billion mark by 2021 as per a study by Technopak, a leading consulting firm. In such a scenario, an HR professional cannot help but anticipate the kind of talent that may be required to fill in the already existing positions and the positions that shall be created due to business demands.

India’s Leadership Challenge: A significant number of Indian companies have experienced impressive growth during the past two decades. But today, many face a daunting side effect: a nationwide crisis in leadership. In some ways, Indian companies are victims of their own success. As one senior HR manager at a large private-sector conglomerate explained, “People have been so focused on growth that they have not invested in developing [the next generation of executives].

Building Brands Together: Emergence and Outcomes of Co-Creation : Any organization that seeks to be innovative and has the ambition to grow and build new markets has to begin by gaining at thorough knowledge of its customers and their needs and desires. Yet, traditional organizational structures and methods tend to inhibit the opportunity for closeness and learning between an organization and its customers.

The Do-or-Die Questions Boards Should ask about Technology: Board members should raise nine critical questions when discussing technology strategy with IT and business managers. Some organizations are creating new technology forums, building the expertise of corporate directors, and strengthening IT governance—all with the aim of allowing boards to guide management by asking the right questions about technology.


ARTICLE ALERT

Kellogg Gets $17 Million Donation to Fund New Program
: Kellogg School of Management announced that it has received a $17 million donation from the estate of alumnus James R. Russell. The gift will be used to fund a new one-year M.S. in management studies to be offered at the B-school and known as the Russell Fellows Program. The gift will also establish a chaired professorship in the school’s finance department. The Russell Fellows program launched in July with a class of 25 students.

IIM-C to incubate 4 social entrepreneurship ventures: Indian Institute of Management Calcutta (IIMC) will now incubate four social entrepreneurs, selected for the final round of Tata Social Enterprise Challenge, a Tata Group-IIMC joint initiative. The incubation unit at IIM Calcutta, which is part of the Institute’s Centre for Entrepreneurship and Innovation (CEI), will now focus on social enterprises. The incubation facilities at IIM Calcutta will include mentorship support of faculty and alumni. IIMC has already signed agreements with these social ventures.

IIM Kozhikode opens executive education centres in Jammu and Kashmir: In a first, IMK has opened two classroom centres for its Executive Post Graduate Programmes (EPGP), one in Jammu and second in Kashmir. These two centres will facilitate executives from the state to acquire formal management education. In addition to the providing an opportunity to enhance managerial and leadership skills for the locals who are forced to move to metropolitan cities to pursue higher education, the centres will also serve executives from Indian Army.

Global B-schools eye India enrolment: A range of management institutes from abroad have firmed up their expansion plans in the last few months. These plans include opening offices in India, expanding the alumni network and setting up regional boards comprising Indian members. To attract more Indian students, scholarships targeted at Indian students are also increasing among the international institutes.

NISM's Rs 400-cr campus to be ready by 2015: Sebi-backed National Institute of Securities Management (NISM), which imparts education related to the financial markets, has embarked on an ambitious project of setting up a sprawling new campus on the outskirts of Mumbai to cater to students across south-east Asia. The estimated cost of the new learning centre, to be spread across 70-acres at Patalganga, less than 100 kms from Mumbai, is Rs 400 crore, which will be funded through the public-private partnership (PPP) route.

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