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Competitiveness  1980s  – Japan overtook USA in car manufacturing – not with subsidies or cheap labour – but with innovation –  lean manufacturing ( Toyota Production System   - any part of production that didn’t have intrinsic value for the end customer is wasteful – lots of middle - management redundancies) worlds centre of economic gravity  – shifting towards emerging markets – societies and economies going through rapid economic growth and industrialisation – up to 40 in 2010 led by China / India.  ASEAN – China FTA is the largest regional emerging market. Jan 2010. They are no longer content with being source of cheap hands and low cost brains – innovate on their own terms – in healthcare, cars, telecoms.  Cutting costs by up to 90%. Redesigning business processes. READ ECONOMIST  APR 17 TH  2010  SPECIAL REPORT ON  INNOVATION IN EMERGING MARKETS
Competing for the Future ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Frugal Innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Hotbeds of Innovation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Rethinking Innovation ,[object Object],[object Object],[object Object]
Emerging Markets MNCs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Brazil – 500,000 graduates a year and 10,000 PHDs a year (up 10 fold from 20 years ago) World leader in research on tropical medicine, bioenergy and plant biology.
Western MNCs ,[object Object],[object Object],[object Object]
The need to innovate ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Doing business in China ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Doing business in China ,[object Object],[object Object],[object Object]
Emerging Markets advantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Emerging Market Companies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Innovation’s impact on Rich World ,[object Object],[object Object],[object Object],[object Object]
Emerging Markets Economic Data ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
China’s Economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Emerging markets and competitiveness

  • 1. Competitiveness 1980s – Japan overtook USA in car manufacturing – not with subsidies or cheap labour – but with innovation – lean manufacturing ( Toyota Production System - any part of production that didn’t have intrinsic value for the end customer is wasteful – lots of middle - management redundancies) worlds centre of economic gravity – shifting towards emerging markets – societies and economies going through rapid economic growth and industrialisation – up to 40 in 2010 led by China / India. ASEAN – China FTA is the largest regional emerging market. Jan 2010. They are no longer content with being source of cheap hands and low cost brains – innovate on their own terms – in healthcare, cars, telecoms. Cutting costs by up to 90%. Redesigning business processes. READ ECONOMIST APR 17 TH 2010 SPECIAL REPORT ON INNOVATION IN EMERGING MARKETS
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