an oppourtinity and threats

8/7/2019 an oppourtinity and threats

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An Evaluation of Opportunities and Threats

for Nepalese Managers in Global Business

Scenario

Presented by

Group B


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Overview

Introduction to globalization

Nepalese Business Environment

Opportunities and threats to Nepalesebusiness manager

Challenges of Nepalese Business

Environment


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Opening question:

1. Why have so many so-called excellent

companies failed in recent years?

2. What might managers have done to prevent

some of these failures?


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A global manager is set apart by more than a worn suitcase

and a dog-eared passport.

-- Thomas A. Stewart Editor, Harvard Business Review, USA

Global managers are made, not born. This is not a natural

process. We are herd animals; we like people who are like

us.

-- Percy Barnevik Former CEO, ABB Group, Switzerland CEO, Hand-in-Hand

International, UK


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Think about it:

Becoming a global manager

1. How important are global issues and challenges

to yourfuture career aspirations?2. What principal skills do you currently bring to a

global managers job?

3. What skills do you believe you need to acquire or

further develop in order to succeed in todays

increasingly competitive business environment?

5


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Globalization pressures on business

6

From biculturalism tomulticulturalism

From isolation to

interconnectedness


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Business challenges facing global

firms

7

BUSINESS

CHALLENGES

FACING

GLOBAL

FIRMS

Developinginnovativeideas andproducts

Acquiringand

allocating

rawmaterials

Accessingand

developingcompetitive

labor

Developingmarketingstrategies

Acquiringsolid

financing

Developingworkablesupplychains

Developingpredictablelogisticalsupport


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People and communities are also

under globalization pressures

8

Globalization pressures peopleand communities towards:

- Cultural convergence- Plurality of cultures- Inclusion of all parties

Globalization pressures peopleand communities towards:

- Cultural convergence- Plurality of cultures- Inclusion of all parties

But also pressures peopleand communities towards:

- Cultural divergence- Cultural pluralism- Exclusion of some parties

But also pressures peopleand communities towards:

- Cultural divergence- Cultural pluralism- Exclusion of some parties


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What is globalization?

Globalization is the inexorable integration of

markets, capital, nation-states, and

technologies to a degree never seen before.-- Thomas Friedman,(The auther of

The world is Flat"

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Burning Issue:

Global realities and management challenges

Globalization, change, and

competitiveness The new global realities

Challenges facing global managers


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Industry

Globalization

PotentialCOST DRIVERS

MARKET DRIVERS

COMPETITIVE DRIVERS

GOVERNMENT DRIVERS

Industry Globalization Drivers


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The Role of Global Manager

Managers are responsible for utilizing human,financial, informational, and physical resources inways that facilitate their organizations overallobjectives in turbulent and sometimes hostile

environments about which they often understand verylittle.

These challenges can be particularly problematic

when operations cross national boundaries.


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Are We Globally Competitive?

Global comparison: Nepal is Almost in the last

1) Global Competitiveness Index 2010-11 (World

Economic Forum)

Nepal ranked 130th of 139 for its overall competitiveness

Ranked 132nd for its sophisticated business culture and 137th

for its innovation capacity

Ranked 126th for Labor market efficiency ,106th for Financial

market development ,134th forTechnological readiness ,120th

forEfficient use oftalent (http://gcr.weforum.org/gcr2010/)


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Opportunities to Nepalese

Managers Low cost production

Market Expansion

Identity and status Learning and experience

NRNs Investment


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Threats to Nepalese Manager

1. Increased sensitivity to external economic volatility

2. Demographic shift and human resources (Brain

drain)

3. Strong competition from large economies

4. Natural resources and environmental depletion

5. Global climate change

6. International security problems

7. Technological change


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Major challenges of Nepalese Business

According to an opinion survey covering different sections ofthe Nepalese society (Pant 2007), the major challenges facinggovernance and management development front ofcontemporary Nepal in light of its changing contexts are:

i. Fast unfolding of political situation, with absence of minimumconsensus

ii. Socio-cultural hindrances (e.g., non-performing work culture /ethics)

iii. Dominance of external development partners in national

choicesiv. Slow pace of peace-building process

v. Economic / resource constraints

vi. Low capabilities of management development institutions


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Potential of Nepalese Business

Envi

ronment Some of the famous export products in the country are woolen carpets,ready-made garments, leather and leather products, pulses, handicrafts, teaand coffee, and indigenous paper products.

Germany, USA, Austria, Netherlands, and UK are the major exportmarkets for Nepalese carpets.

USA, Canada, Germany, France, Netherlands, UK, and Switzerland are themajor export market of Nepalese garments.

USA, Japan, Pakistan, Italy, Netherlands, Switzerland, and Brazil are themajor export market for Nepalese leather and leather products.

Pulses are exported mainly to Bangladesh, Singapore, Sri Lanka, Germany,and Korea.

Major Nepalese handicraft markets are USA, UK, Germany and France.Tea and coffee are exported mainly to Germany, Japan, France, Italy, HongKong, and UK(Export Directory of Nepal, 2000)


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Conclusion


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an oppourtinity and threats

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