McCombs School of Business
Executive Education : Open Enrollment Programs : Doing Business with China and India:
Title:

Doing Business with China and India: Competing in the 21st Century

Enroll
Dates: October 18-19, 2007
Duration: 2 day program: 8:30 am - 4:30 pm
Faculty: Prabhudev Konana, Ph.D., John Doggett, J.D., MBA
Cost: The program fee is $2300 and includes program materials, lunches and breaks.  UT and Texas Executive Education Alumni receive a 10% discount.  Team discounts are available.

Additional speakers will include:
Mr. Nagi Rao, President, CEO & founder of SysInformation;
Mr. Jeff Bock, Global Product Marketing Manager, Microcontroller Division of Freescale Semiconductor;

Description

In the next few decades, fueled by economic liberalization, China and India will join the U.S. to become the three largest economies in the world. China and India will provide enormous upside potential for U.S. firms, as well as risks. Therefore, executives must develop strategies to capitalize on these opportunities and to manage potential threats.

China and India provide vast opportunities for trade and investments in all major sectors including information and communication technologies, energy, chemicals, natural resources, textiles, metals, heavy engineering, consumer goods and financial services. Promising new markets for every conceivable durable and non-durable goods are being created by the rising income levels of the world’s 40% of the population residing in China and India. Further, global companies can benefit from large and skilled, yet comparatively low-cost human resources for the entire spectrum of activities – from knowledge-intensive R&D, design, and software services, to labor-intensive manufacturing activities and business/knowledge processes.

These two countries may also pose significant competitive threats. There is a growing tide of emerging Chinese and Indian multinational companies (MNCs) like Lenovo, Haier, ZTE, Infosys, Wipro, Tata and Ranbaxy. How should the U.S. compete against these emerging MNCs?

Further, doing business in China and India is not without risks. There are many challenges and risks spanning infrastructural, social, cultural, political, regulatory, intellectual property, and labor laws. An understanding of these issues provides managers with the analytical tools to make prudent decisions and to develop risk mitigating strategies. If your firm wants to be competitive in the 21st century, you must understand when it makes sense to outsource and/or offshore production, services, design or R&D to China and India. Equally important is knowing when to shift procurement to Chinese and Indian firms.

This workshop provides executives and senior managers insights and strategies to develop opportunities in China and India, while recognizing the threats and risks. Additional featured speakers will include representatives of the General Counsel offices of the India and China and business people who have extensive experience doing business in and with China and India.
 

Program:

Setting the Stage: The Bigger Picture

• What are the economic drivers of growth of China and India
• How sustainable are the economic drivers
• What are the implications for international trade
• What are the implications for U.S. firms and executives

Doing Business in China and India

• India and China – similarities, differences, opportunities and potential
• Developing well-defined entrance strategies
• Managing operational challenges and balancing risk vs. reward
• The legal, financial and political implications
• Getting your strategy right


 
Business Opportunities in China and India
 
 • Opportunity landscape
 • How to establish offshoring relationships
 • How to succeed in a radically different environment
 • How to market in emerging markets
 
 Emerging Chinese and Indian Competitors
 
 • Identifying the challengers
 • Partnering vs. competing head-on
 • Investment and M&A dynamics
 

Key Issues

The workshop will help you answer these questions:
  • Why have China and India become the focus of the world’s attention
  • What opportunities, threats and challenges do Chinese and Indian firms present to U.S. firms
  • What industries are likely to provide the best opportunities for American firms in China and India
  • What American industries are the most vulnerable to competition from Indian and Chinese competitors
  • What are some of the best strategies to enter Chinese and Indian markets
  • What strategies have been successful in outsourcing and offshoring
  • How to assess and mitigate risks in doing business in China and India
  • What are the economic, political and cultural challenges of doing business in China and India

Continuing Education Units

Participants earn 1.40 continuing education units (CEUs).  A certificate of completion will be presented from Texas Executive Education.