An Analysis on Escalating Strategic Business and Nimble-Fingered Leaders for an Emerging Economies in India-A Conceptual ApproachSubmitted by Anonymous (not verified) on Thu, 01/08/2015 - 10:02
In this conceptual study, the researcher should focus on business strategy and talent leaders to promote economies in India. In recent years, many multinational companies have adapted to the challenges of doing business in emerging economies. But as countries such as Brazil, Russia, India, and China (the BRICs) become more familiar, unfulfilled opportunities wait in other, less-developed countries. These frontier markets, as they’re called, include much of sub-Saharan Africa, along with some countries in Central Asia, Latin America, and Southeast Asia. The telecommunications industry is frequently among the first sectors to enter these newly emerging economies, often bringing financial services as well as connectivity to poor but ambitious populations who are eager for education, telecommunications, electricity, and mobility. Companies operating in frontier markets face hurdles more challenging than anything they have seen in the BRICs, especially in recruiting, retaining, and developing employees. Implementing a talent strategy might involve persuading expatriate managers to spend a year in Afghanistan and convincing homegrown talent in Nigeria not to jump ship when recruiters are beating down their doors. Despite impressive economic growth during recent decades, India continues to face socio-economic challenges. India contains the largest concentration of people living below the World Bank's international poverty line of US$1.25 per day, the proportion having decreased from 60% in 1981 to 42% in 2005, and 25% in 2011, 30.7% of India's children under the age of five are underweight, half the children under five suffer from chronic malnutrition, and in the states of Madhya Pradesh, Andhra radesh, Bihar, Chhattisgarh, Haryana, Jharkhand, Karnataka, and Uttar Pradesh, which account for 50.04% of India's population, 70% of the children between the ages of six months and 59 months are anemic. The Mid-Day Meal Scheme attempts to lower these rates. Since 1991,economic inequality between India's states has consistently grown: the per-capita net state domestic product of the richest states in 2007 was 3.2 times that of the poorest.