INDUSTRY WATCH

Global Digital Economy : With the rise of digital platforms, the world is rapidly changing. Many professionals and organizations are still grappling with the digital economy and questioning the impact it will have on them. Healthcare and education are classic examples where more number of people should be educated on the advantages of digital technologies.

India Financials Sector : Indian consumer finance market is estimated to witness 18% CAGR to a US$1.2 tn opportunity by 2020. Unlike in the past, coming round of growth will likely be driven by multiple engines as the banks/NBFCs have developed diverse product lines (including multiplicity of secured lending options). Targeted offerings to all sections of the income pyramid could ensure faster penetration.

Indian Infrastructure Report : Proliferating domestic and offshore infrastructure funds target the Indian infrastructure market, driven by strong demand from the transport, power, urban infrastructure and irrigation segments. India's transport infrastructure needs substantial boost in investments. India boasts the third largest road network in the world after the US and China and majority of the country's freight is transported by road, with around 65% of total cargo carried via this method.

Strategic Road Map for Multi-axle Vehicles in India : Sales volume of multi-axle vehicles is expected to recover in FY2015 in India. Tata Motors and Ashok Leyland together governs about 88% of market in multi-axle vehicles market. Growth in the mining and infrastructure sectors will play a very critical role in defining the future for multi-axle vehicles in India.

Asia-Pacific Insurance Sectors : The low interest rate environment and ongoing regulatory changes were key challenges to life insurers. Developments in data analytics are facilitating access to a rich source of data about potential target markets which insurers can use to enhance marketing strategies and sales. Demand for health insurance continued to grow in the coming years, due to an aging population, rising consumer affluence and strain on public resources.

ARTICLE ALERT

A Service Lens on Value Creation - Marketing's Role in Achieving Strategic Advantage :
Marketing needs new mindset to fulfill its proper role in creating and sustaining strategic advantage. To extend its influence beyond boundaries of current-offerings, firm, conventional practice, marketing and markets must be viewed through service lens. This lens allows marketing to take lead role in assisting enterprise to enable value co-creation by customers who have jobs to be done.

Opportunity Creation in Innovation Networks :
Innovating in networks with partners that have diverse knowledge is challenging. The challenges stem from fact that commonly used knowledge protection mechanisms often are neither available nor suitable in early stage exploratory collaborations. Article focuses on how company participants in heterogeneous industry networks share private knowledge while protecting firm-specific appropriation.

Rethinking Governance In Management Research :
In the field of management, the study of governance has primarily dealt with decision-making by boards of directors, chief executives, and senior managers. The corporate governance literature has generated important insights regarding incentive alignment, risk taking, and coordination challenges. Emerging trends, highlighted in this issue, raise new questions regarding managerial roles, organizational contexts, internal and social processes, and changes in governance over time.

A (Blurry) Vision of the Future - How Leader Rhetoric about Ultimate Goals Influences Performance :
One key responsibility of leaders involves crafting and communicating two types of messages—visions and values—that help followers understand the ultimate purpose of their work. Although scholars have long considered how leaders communicate visions and values to establish a sense of purpose, they have overlooked how these messages can be used to establish a shared sense of purpose, which is achieved when multiple employees possess the same understanding of the purpose of work.

Agent-Based Modeling and Organization Studies :
The method of agent-based modeling raises philosophy of science issues that modelers have yet to resolve in a way that reconciles their work with that of other management and organization researchers. As a result, agent-based modelers have made only modest contributions to advancing organization theory and empirical research. In response, this study proposes critical realism as a philosophical perspective to understand and orient agent-based modelling research.

ARTICLE ALERT

How social networking pioneers discovered the benefits of MBAs : For entrepreneurs contemplating launching start-ups, if they are able to raise capital as a student, the tuition becomes well worth it. It is a small price to pay in the grand scheme of a 40-plus year career.

Harvard Business School Dean Fights to Keep M.B.A. : Demand for MBAs is cooling in the U.S., but not in Asia. The WSJ’s Wei Gu talks with Harvard Business School Dean Nitin Nohria about what has surprised him on his Asia tour. An Interview with Harvard Dean.

What Business School Does for Your Career : Students at top MBA programs in 2014 expected to graduate with six-figure compensation packages, but not everyone graduated with the same payoff. An investment in an elite school tended to take longer to recoup because these schools are so expensive and students forgo high wages, and at some schools women had starting salaries considerably low.

Executive Education Growth Triples Industry Pace at UMD Smith School : Executive education activity at the University of Maryland's Robert H. Smith School of Business grew by more than 22 percent in 2014— eclipsing the 7 percent industrywide rate, according to the International Consortium for Executive Education (UNICON).

CAT on hot tin roof : A large number of candidates who appear for the CAT are engineering graduates. “Indian business schools are using the GMAT to get a more diverse set of students,” says Gaurav Srivastava, director, marketing development south Asia at the GMAC.

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