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Business Education in Emerging Market Economies Rajiv K. Sinha Lonnie Ostrom Chair in Business W.P. Carey School of Business Arizona State University
Business Education in India  THE HYPE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Education  THE CRISIS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Value of Business Education ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Re-think Fundamentals ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],RE-DEFINE BUSINESSES
[object Object],[object Object],[object Object],FUTURE OF INNOVATION AND MARKETING
Big Issues : General ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Big Issues: Specific ,[object Object],[object Object]
[object Object],[object Object],[object Object],Re-defining Product Markets
GlobalResolve ,[object Object],[object Object],[object Object],[object Object],GlobalResolve builds partnerships to create  technological and economic   solutions for villages in the developing world.
The GlobalResolve Method The GlobalResolve Method
The GlobalResolve Method
The GlobalResolve Method
The GlobalResolve Method
The GlobalResolve Method
The GlobalResolve Method The Problem: How can a supply chain model help make these ventures successful?
Case Study Cooking Fuel Pollution Smokeless Cooking Fuel:  Gelled Ethanol
Case Study Cooking Fuel Pollution Smokeless Cooking Fuel:  Gelled Ethanol And a Matching Gel Fuel Stove
Business Education must address poverty alleviation Green Accounting for Indian States and Union Territories Project  ( “GAISP” ) Eco-Systems, Markets and Poverty Breaking the Vicious Cycle : A Case Study from India
The ‘Vicious Cycle’  of Poverty and Environmental Degradation   ,[object Object],[object Object],[object Object],[object Object]
A Case Study from India   Nilgiris Biosphere Reserve   in the Western Ghats global biodiversity hot-spot , and home to the ancient  Toda  tribe and later  Badaga  tribals …
The Vicious Cycle : An Example from the Nilgiri Biosphere Reserve ‘ Shola’  (Reserve  Forest  Land) Tea Estate  ( Revenue Land ) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Tribal Family earns ~ INR 25 K p.ha.… & Natural Capital Lost  = ?
The Capital Cost of this ‘Vicious Cycle’ is Staggering Sources  :  *  from GAISP, Monograph 1, Jan 05 ¬ from GAISP, work in progress ‘ Shola’ remnant ‘ Shola’   cleared last year ‘ Shola’  cleared two years ago Values per Hectare (INR) Tamil Nadu India (Average) Carbon Storage *  36,837 35,882 Non-Timber F.P.  * 5,950 10,763 Fodder  * 7,079 4,736 Bio-prospecting ¬ 10,267 17,085 Eco-Tourism ¬ 962,266 382,941 Water Recharge (t.b.c.) (t.b.c.) Flood Damage Prevention  (t.b.c.) (t.b.c.) Soil Erosion Avoidance  ¬ 64,671 63,832 TOTAL  (INR)  > 1 Mio > 1 Mio
Lessons from PEP …. Seeing the Poor as Part of the Solution ,[object Object],[object Object],[object Object],[object Object],"Certain environmental services, e.g. watershed protection, management of landscape beauty, and carbon sequestration, can be supplied competitively by poor groups and rural communities – given the labour- and land-intensive nature of such services."
Sustainable Income Models for Poverty Alleviation in Nilgiri Biosphere Reserve  degraded local land   employable local labour ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Eco-Restoration  is  a viable income model   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cultural / Eco-Tourism is a another sustainable income opportunity .. ,[object Object],[object Object],[object Object],[object Object]
The Key Point….
The Key Point…. …  is  to understand their aspirations !

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MYRA Business School, Mysore Business education in emerging markets - Prof Rajiv Sinha

  • 1. Business Education in Emerging Market Economies Rajiv K. Sinha Lonnie Ostrom Chair in Business W.P. Carey School of Business Arizona State University
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12. The GlobalResolve Method The GlobalResolve Method
  • 17. The GlobalResolve Method The Problem: How can a supply chain model help make these ventures successful?
  • 18. Case Study Cooking Fuel Pollution Smokeless Cooking Fuel: Gelled Ethanol
  • 19. Case Study Cooking Fuel Pollution Smokeless Cooking Fuel: Gelled Ethanol And a Matching Gel Fuel Stove
  • 20. Business Education must address poverty alleviation Green Accounting for Indian States and Union Territories Project ( “GAISP” ) Eco-Systems, Markets and Poverty Breaking the Vicious Cycle : A Case Study from India
  • 21.
  • 22. A Case Study from India Nilgiris Biosphere Reserve in the Western Ghats global biodiversity hot-spot , and home to the ancient Toda tribe and later Badaga tribals …
  • 23.
  • 24. The Capital Cost of this ‘Vicious Cycle’ is Staggering Sources : * from GAISP, Monograph 1, Jan 05 ¬ from GAISP, work in progress ‘ Shola’ remnant ‘ Shola’ cleared last year ‘ Shola’ cleared two years ago Values per Hectare (INR) Tamil Nadu India (Average) Carbon Storage * 36,837 35,882 Non-Timber F.P. * 5,950 10,763 Fodder * 7,079 4,736 Bio-prospecting ¬ 10,267 17,085 Eco-Tourism ¬ 962,266 382,941 Water Recharge (t.b.c.) (t.b.c.) Flood Damage Prevention (t.b.c.) (t.b.c.) Soil Erosion Avoidance ¬ 64,671 63,832 TOTAL (INR) > 1 Mio > 1 Mio
  • 25.
  • 26.
  • 27.
  • 28.
  • 30. The Key Point…. … is to understand their aspirations !

Notas del editor

  1. GlobalResolve combines these two realities with the Design Aspirations of the New American University. Read slide GlobalResolve started in 2006 as an initiative at ASU in the College of Technology and Innovation and also affiliated with GIOS and the School of Sustainability. GlobalResolve improves the world by building partnerships to create technological, economic, educational and social solutions for villages in the developing world. The results are: 1.New products for the BOP to improve lives 2.New business ventures to build village economies 3.Life-changing educational experiences for students.
  2. Respiratory illness is the leading killer of children under 5 in the world. We met with villagers in May of 2007 and talked about the problem.
  3. Last summer we took our improved ethanol gelfuel stove to show the villagers and as well as our innovative clean lighting system called the twig light