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INDUSTRY WATCH

Pharmaceuticals Sectors in Asia-Pacific: Asia- Pacific is the world's third largest pharmaceutical market, after North America and Europe and growing robustly as the fastest development market in the world. Asia is offering a highly attractive market to global companies due to its strong economic growth, large population and ageing population.

Software Testing Market – India: Over the past decade, India has become one of the major destinations for outsourcing software testing services owing to the availability of a cost effective talent pool. Software Testing market in India was valued at about INR 278 bn in 2013 and is projected to grow at a CAGR of approximately 19% between 2013-18e.The United States is the key market for the big Indian testing vendors, followed by Europe and Middle East.

Global Oil and Gas Infrastructure Security Market Assessment: The oil and gas industry is increasingly developing new infrastructure and also exposed to new threats towards its security. Oil and gas companies are continuing to opt for integrated security system solutions when securing their critical facilities.

Global Satellite Transponder Market: The report covers the satellite transponder market, which is also known as the fixed satellite services market, operating in 3 frequency bands: C, Ku, and Ka. Transponders are measured in terms of number of transponders, revenue, and average price. Satellite transponders are used for a number of applications, including voice, data, video streaming, machine to machine (M2M), and government/military applications.

India Real Estate Report: The commercial real estate market has thus far managed to avoid significant downturns, although demand, vacancy rates and rental stability in the short term remain a cause for concern. Nevertheless, BMI shares the consensus opinion that both economic performance and aggregate demand will improve post 2014, as investors begin to return to an Indian market which continues to display solid growth potential.
 

ARTICLE ALERT

A Step-by-Step Guide to Winning the Customer: Companies that understand the stages of consumer purchasing decisions have an outsized influence : Let’s begin with a question: Who are your competitors? Take a minute to list two, three, or four companies. Then ask yourself how you know that these are your closest rivals. Are they the companies that most often pitch for business alongside your company? Do their brands sit beside yours on the shelf? Are they coming up close to your brand in search-page rank? Do they compete with you for resources and employees?

Seven ways to profit from big data as a business: Information, multiplying inside business at an exponential rate, generated by sensors, social media, smart phones, other sources. Companies increasingly wants to tap in to potential of these vast, fast moving, complex streams of data to achieve step change improvements in performance. But executives would be wise to consider whether information they collect could do even more than boost performance. Big data can generate billions of dollars in additional revenues that can go toward fueling growth.

Blue Ocean Leadership: Its sad truth about workplace: Just 30%-of employees are actively committed to doing good job. According to Gallup's 2013 State of the American Workplace report, 50%-of employees merely put their time in, while the remaining 20% act out their discontent in counterproductive ways, negatively influencing their coworkers, missing days on job, and driving customers away through poor service. Gallup estimates that 20% group alone costs the U.S. economy around half a trillion dollars each year.

Twenty-First Century Employment Relationships: The Case for an Altruistic Model : Different parties in any form of employment relationship (ER) will display variation in terms of their motivations and what they want to accomplish. Insights into how we might meet these potentially competing interests come from discipline of sociobiology. This article focuses upon multilevel selection (MLS); central tenet being that internally altruistic groups are likely to outperform their more selfish counterparts, which many contemporary theoretical biologists agree is legitimate theory accounting for evolutionary change and success.

Danger Zone Entrepreneurs: The Importance of Resilience and Self-Efficacy for Entrepreneurial Intentions : Little is known about drivers of entrepreneurial decisions during war. Authors empirically examine effects of perceived danger, entrepreneurial self-efficacy, resilience on entrepreneurial intentions in adverse conditions with primary survey data from Afghanistan. Findings suggest that perceived danger is negatively related to an individual’s entrepreneurial intentions, but marginally less so among highly resilient individuals. Findings also suggest that even under conditions of war, individuals develop entrepreneurial intentions.
 

ARTICLE ALERT

The MBA blind spot: Business schools can continue to treat social issues as mere peripheral constraints on the core skills of business, but this blind spot will yield graduates that lack the knowledge to recognize immense opportunities and the skills to meet their future employers’ needs. Or, business schools can develop courses in social impact – how to identify opportunities, understand social needs, design products, rethink value chains, measure social impact and build social purpose into competitive positioning

US remains top overseas education destination: The US is the most preferred international study destination. Education consultants say Australia, Canada and New Zealand have become the next most popular destinations, on the back of easier visa norms and more scholarships for Indian students. However, the UK has seen a drop in students.

Forensic auditor courses catching up in India: Courses particularly pertaining to forensic auditing are now available in India that caters to the forensic accounting and auditing segments. Demand for forensic accounting and fraud detection specialization is increasing, considering the rising incidents of cyber crimes and frauds detection.

The workplace expectations of Gen Y: Millennial Branding, a Gen Y research and consulting firm, and American Express, a global service company announced results from a groundbreaking study entitled, "Gen Y Workplace Expectations". According to the study, both managers and Gen Ys are on the same page when it comes to workplace success. Managers and Gen Ys both agree that soft skills are the most important, followed by hard skills and then digital/tech savvy skills (social media).

IIM-A alumni to catalyse CSR centre: The country’s top B-school, the Indian Institute of Management Ahmedabad (IIM-A), along with its alumni, intends creating a think-tank and a centre that will address corporate social responsibility in a holistic manner. This centre, when it takes off, will look at synthesizing the various CSR initiatives by individuals, many of them alumni of IIM-A, undertake research, train managers for the NGO sector and play a role in accrediting organizations in the CSR sphere.

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