Strategic Thinking And Contemporary Business - Thoughts From An Ancient Indian Thinker

Paradigm ◽  
2007 ◽  
Vol 11 (2) ◽  
pp. 77-82 ◽  
Author(s):  
Vishal K. Gupta

Business strategists are well aware of the work of Italian statesman Machiavelli and Chinese scholar Sun Tzu. Their books are increasingly read and appreciated by researchers and managers around the world. Unfortunately, most academics and practitioners appear to have overlooked another eastern scholar of similar value who was writing in ancient India around the same time that Sun Tzu was writing in China. This article presents the wisdom of Chanakya, an ancient Indian statesman and scholar, to business executives and scholars. His book Arthashastra (The Science of Wealth) written about 2500 years ago as a treatise on political governance can contribute immensely to business competitiveness in today's world, both domestically and internationally. Understanding Chanakya's work can help Indian companies grow and succeed vis-à-vis their competitors domestically and internationally as well as Western companies interested in doing business in India.

Author(s):  
José G. Vargas-Hernández ◽  
Mario Guadalupe Zazueta-Félix

The current challenge for the survival and growth of international businesses is the appropriation of innovation in all its senses. This chapter attempts to analyze the contextual framework of international entrepreneurship and the importance of the entrepreneur's profile that influences the potential to generate innovative environments in relation to success in doing business abroad. This analysis aims to answer the questions of strategic thinking that can be a critical factor in business competitiveness and contribute to its success.


2021 ◽  
pp. 251512742199252
Author(s):  
Robert A. Boyle ◽  
Jerome A. Katz ◽  
Patricia G. Bagsby

For entrepreneurs, being offered a distribution deal by Walmart seems like a dream come true. After all, what better way to have a new product quickly appear in thousands of stores all around the United States or maybe even all around the world? This dream became a reality for Marty, the creator of Tiny Sips—a simple, wholesome children’s beverage made from Montana spring water and all-natural ingredients. As the details and conditions related to the distribution deal became apparent, however, Marty soon understood that doing business at that level requires sophisticated entrepreneurial savvy and a great deal of capital. The joy of possibly selling Tiny Sips everywhere suddenly became eclipsed by questions about how to raise enough cash to scale quickly while simultaneously minimizing risk. Marty needed to employ the business acumen necessary to slow down, consider the pros and cons, and make the best decision for his company. The educational focus of this case involves weighing the entrepreneurial risks and rewards of pursuing a deal with a large retailer like Walmart. While this type of opportunity may seem exciting at first glance, a variety of factors must be considered in order to find a thoughtful and sensible path forward.


1964 ◽  
Vol 2 (3) ◽  
pp. 440-442
Author(s):  
Ronald Robinson

At the fourth Cambridge conference on development problems, the role of industry was discussed by ministers, senior officials, economic advisers, and business executives, from 22 African, Asian, and Caribbean countries, the United Nations, and the World Bank. Have some, if not all, of Africa's new nations now reached the stage when it would pay them to put their biggest bets on quick industrialisation? Or must they go on putting most of their money and brains into bringing about an agricultural revolution first, before striving for industrial take-off? These questions started the conference off on one of its big themes.


2003 ◽  
Vol 9 (2) ◽  
pp. 79-95
Author(s):  
Slobodan Ivanović

Very often, there are more imitators than innovators in the hotel industry. There are very few hotel enterprises engaged in continually innovating their services. Creative imitators help to diffuse innovations and to meet the needs of certain segments o f the tourist market. They realise the improvement possibilities of the tourism product or service, which requires innovation. Changes to certain features o f the product or service can help to increase their value for both domestic and foreign tourists. Hence, it is maintained that creative imitation is sooner to take hold on the tourist market than on the tourism product or service. The globalisation process of the world economy, as well as the hotel industries, has imposed a certain way of thinking referred to in journalism as "change as a constant necessity" or putting it harshly "innovate or disappear from the business scene”. Anything that is different represents change. Innovation means accepting ideas for services which are new to hotel enterprise. Because innovations disturb the status quo of the hotel enterprise, they are met with resistance by some members of the organisation. Strategic thinking is what every hotel enterprise needs to prevent it being caught off guard by the affects of changes in its micro and macro environment. Namely, troubles begin for the hotel enterprise when it fails to adapt in an adequate and acceptable way to the changes occuring within the hotel industry. Adverse changes in the environment and the inability of the hotel enterprise to respond to these changes are the cause of incongruity between the hotel’s potential (accommodation and other facilities) and the demands of the hotel industry i.e. the tourist markets on which it is present.


2020 ◽  
Vol 4 (1) ◽  
pp. 01-06
Author(s):  
Mariana Malvezzi ◽  
Tassara Tassara

Identity acts as a nucleus to the subject's references, their memories, their choices of life, to the construction of their history. Identity is, therefore, a minimal cellular basis from which life develops in its poetics of creation. The construction of identity thus has potential for the development of a critique, the establishment of a grammar of rules and conditions, for standing before the world. The path towards emancipation implies in exercising an external look at one's identity, the inherent existing narrative, to discover the paradigm of the minimum base from which one's life develops. With the increasing complexity of the postcolonial world, no straight or easy answer is at hand. The effort should draw towards the construction of conceptual tools that can enable reflection and critique. The humanities education, is one possible tool towards autonomy and emancipation once it encourages knowledge, construction and appraisal. The reflections brought to light through this work intends to fertilize the discussions about identity construction in the Brazilian present day context, characterized by a discourse that foster ruptures and decreases the possibilities of one’s identity. For this purpose, the current challenge of emancipation, will be developed through 6 analytical semantic dimensions which express the diversity and complexity of the actual scenario: Understanding identity, (CIAMPA, 1987; RICOEUR, 1990), as the synthetic goal of existence has the dynamism to give new possibilities to the frontier-men (HARTOG, 2004; LEVINÁS, 1972), whose challenge is the gain of consciousness of one’s own movement in the world. Marked by perversity (HONNETH, 2003) the present world enforces political, social, motivational, and subjective domination (CASTORIADIS, 1987). This scenario compels the frontier-men towards an emptied signifier alienating his possibilities of recognition. The search for emancipation (HABERMAS, 1983) asks for a critical look at the current formation of people's strategic thinking.


2017 ◽  
pp. 83-112
Author(s):  
Raymond A. Hopkins
Keyword(s):  

2010 ◽  
Vol 16 (1) ◽  
Author(s):  
Iris Clemens

ZusammenfassungWie Rudolf Stichweh im Anschluss an Niklas Luhmann ausgeführt hat, sind Selbstbeschreibungen ein basaler Bestandteil aller sozialen Systeme und insbesondere für die Analyse der emergierenden Weltgesellschaft grundlegend. Die Diskussion hat bislang jedoch zumeist nur westliche Quellen berücksichtigt. Ausgehend von den Säulenedikten des indischen Königs Ashoka wird der Frage nachgegangen, ob frühe Formen einer Selbstbeschreibung der Weltgesellschaft auch in nichteuropäischen Kontexten gefunden werden können. Mit der Analyse dieser 2200 Jahre alten Edikte kann die These gestützt werden, dass bestimmte Formen solcher Selbstbeschreibungen der Weltgesellschaft auch für den indischen Kontext nachgewiesen werden können. Der Blick kann so global geweitet werden, und es wird in Zweifel gezogen, dass es sich um rein europäische semantische Erfindungen handelt. Zudem kann durch die Einbeziehung anderer als menschlicher Adressaten in der vorgefundenen Semantik der Fokus von einer im Westen vorherrschenden anthropologischen auf eine ›biozentrische‹ Perspektive verschoben werden.


2010 ◽  
Vol 150-151 ◽  
pp. 1199-1202
Author(s):  
Hui Pang ◽  
Bing Zhao ◽  
Xiao Min He

Chinese government has announced to the world that, the carbon emission will decrease by 40-45% in 2020, after the World Climate Summit in 2009. To ensure people’s living quality, while limit the green house gas emission, the construction industry - a big energy consumer - must endeavor to explore new construction method, research and develop new construction material and use new energy structure to make our promise come true.


2019 ◽  
Vol 7 (12) ◽  
pp. 17
Author(s):  
Sangram Keshari Mallik ◽  
Dr. Braja Kishore Sahoo

Wonder that is India. India is wonderful because of its abundant and affluent cultural heritage. The cultural heritage of India is prudential of its spiritual richness and classical creativity. Vedic literature is the most wonderful and unparallel literary creation of Ancient India. Vedic literature has made this country worthy of worship. Vedas are without beginning and without end. Veda is author-less. It is Apauruseya. They are considered to be the direct word of the Divine.  Vedic knowledge appeared in the dawn of the cosmos within the heart of Brahma. Brahma imparted this knowledge in the form of sound (Sabda) to his sons who are great sages. They transmitted the Vedic sound heard from Brahma to their disciples all over universe. There are four Vedas. They are the Rig Veda, Yajur Veda, Sama Veda and Atharva Veda.  Four Vedas contain four types of texts such as The Samhitas, The Arankayas, The Brahmanas and The Upanishads. Veda is accepted as a code of conduct to Sanatan Dharma. The teaching of Veda is the concept that the individual is not an independent entity, but, rather, a part of the Universal Consciousness.  Upanishads is the manifestation of Vedantic thought. Sada Darshan (Six Systems of Vedanta) is a very important part of Vedic philosophy.  Swami Nigamananda a great Master of Vedic Literature achieved Nirbikalpa Sidhi of Vedanta in the year 1904.  The philosophy of Vedanta is reflected in the creation of Swami Nigamananda. In his writings (Yogi Guru, Jnani Guru, Tantrik Guru, Premik Guru, Brahmacharya Sadhana and Vedanta Viveka) he has explained the main scriptures of Vedas such as The Upanishads, The Bramha Sutras and The Bhagavad Gita. His philosophy teaches us to love and live in a state of eternal freedom. The Philosophy of Swami Nigamananda is a synthesis of Sankar and Gouranga i.e. knowledge and love. Knowledge envisages the path of analysis and Love, the path of synthesis. In this way Nigamananda convincingly reconciled the two apparently contradictory creeds of Adi Shankaracharya and Gauranga Mohapravu. “He advised his disciples to combine Shankara’s view and Gournaga’s way and walk on this path of synthesis. In fact attainment of Jnana through Bhakti is the nucleus of his philosophy. Through his teachings and works, he proclaimed to the world the fundamental harmony of all religions that there are many paths which lead to the same goal”.


Author(s):  
Nataliia Sytnyk ◽  
Veronika Ishchenko

In modern conditions of functioning of the market economy, in the era of development of globalization and globalization processes, the prevalence of international relations, the spread of various forms of international capital movement, in particular foreign direct investment, an important place is occupied by investment activities and policies implemented by the state within the framework of the latter. It is difficult to overestimate the importance and role of investment, because world experience shows that the effective development of business entities, and therefore the country's economy as a whole, cannot be imagined without making investments. Therefore, the government of almost any country in the world is focused on creating a favorable investment climate. The article defines the theoretical foundations of investment security of the state: the essence of the concept is outlined, the principles on which investment security is based, its place and role in the state's economic security system are justified. Qualitative and quantitative criteria for a comprehensive assessment of the state's investment security are presented. The calculation and analysis of the main indicators – quantitative criteria of investment security: gross accumulation of fixed capital; the degree of accumulation of fixed capital; the ratio of the cost of newly introduced fixed assets to the volume of capital investments is carried out; the ratio of net growth of foreign direct investment to GDP; the size of the Ukrainian economy as a percentage of global GDP. The dynamics of the total volume of foreign direct investment in the Ukrainian economy in the context of world countries is analyzed. The main investor countries that ensure the receipt of the largest volumes of investment flows to the Ukrainian economy are identified. Ukraine's place in the World Bank's “Doing Business” rating over the past ten years has been demonstrated. The positive dynamics regarding Ukraine's place in the World Bank's “Doing Business” rating and the main factors that influenced such positive changes were noted. The investment climate of the state is assessed and possible measures are proposed to improve the mechanism of managing the state's investment security.


Sign in / Sign up

Export Citation Format

Share Document