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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.
| 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 |
The workshop will help you answer these questions:
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Continuing Education Units
Participants earn 1.40 continuing education units (CEUs). A certificate of completion will be presented from Texas Executive Education.