B8081 Managing in Asia: Issues and Ethics Dr. John Webster

B8081

Managing in Asia:Issues and Ethics

Dr. John Webster

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications2

Group membersGroup members

Anand Vaswani

Blake W. Bratt

Chua Sock Li

Grace Tng

Gabriel Rüeck

Ignatius Vun

Lin Qiao

Marc Besserer

Philippe Macquet


Division in Sub-RegionsDivision in Sub-Regions

Northeast Asia (NEA) Southeast Asia (SEA) South and Central Asia (SCA)

Geographic proximity Shared identities Historical legacies



Northeast Asia

• Mongolia

• China

• North Korea

• South Korea

• Japan


Division in 3 Sub-RegionsDivision in 3 Sub-Regions

South & Central Asia

• Kazakhstan

• Kyrgyzstan

• Tajikistan

• Pakistan

• India

• Bangladesh

• Sri Lanka

• Nepal

• Bhutan



Southeast Asia

• Myanmar

• Thailand

• Laos

• Cambodia

• Vietnam

• Malaysia

• Singapore

• Indonesia

• Philippines


Why Is Social/Culture Important?Why Is Social/Culture Important?

POLITICS

SOCIAL & CULTURAL

ECONOMY


NEANEA Competitive global environment more integration. Political and economic integration exacerbate existing

social problems. Growth of aging population and its repercussions. Ramifications of One-child Policy comes to fruition. Innovation and continuous education more important. Education drives creation of specialized skills. Stiffer competition for higher education Savings and income inequalities – challenge to societal

harmony. Increased competition and new distribution channels pose

conflicting social choices.


SEASEA Economic and information development convergence

of social norms.

Integration of SEA minimizes terrorism as a social/political tool.

Moderate populations will attempt to gain influence over avenues of extremism.

90%-100% primary school enrolment rates in SEA.

Greater awareness of environmental issues.

Regional regulations on labour established.

Cultural heritage better conserved and managed.


SCASCA The continued population growth of India vs. rest of greying

world. Religion continues to be an important aspect the daily lives of

the populace. A pronounced disparity of income continues. Social divisions will remain an important aspect of interaction. Clash of middle class Materialism and Fundamentalism of the

poor . Employment and education pressures will force professionals

overseas. Scarce resources will become a social flashpoint. The oil reserves, a raised the standard of living, but internal

focused.


General TrendsGeneral Trends

Re-emergence of Asian identity. Increasing attractiveness of Asian culture. Increasing levels of education. A pronounced disparity of income continues. Natural resources will become a dominant issue. Social convergence in the face of cultural diversity.


Business ImplicationsBusiness Implications

A integrated, prosperous, harmonious yet culturally diverse Asia provides good quality of life for international business people.

Improved workforce yields productivity and quality. Sensitivity to unique social and cultural identities. Engage in labour discussions at regional/global levels. Prepare for the next industrial migration. Living standards create health-conscious behaviour. Resources play an increasingly important role. Tap the growing material needs of the middle class. Security risks from Fundamentalism and income

disparity.

Blake W. Bratt

Gab, I changed ASEAN to Asia...as this is a general business implication? If not all of Aisa, then please change to SEA.

Blake W. Bratt

Changed "Adapt labour and business practices to new rules and regulations in future" to "Engage in labour rights/law discussions at global/regional level."


Thank youThank you

Documents

B8081 Managing in Asia: Issues and Ethics Dr. John Webster