FEATURING THIS WEEK’s ARTICLES POSTED TO WCs ACROSS GIBS CAMPUS
Sustainability : Driving us up the wall?
Business perspectives for Emerging Markets 2012-2017 / GIA report
Vietnam has been ranked as the seventh top emerging market, after the BRICs — the economic grouping acronym that refers to Brazil, Russia, India and China — for the 2012 – 2017 period, according to a report released last week by Finnish advisory group Global Intelligence Alliance (GIA).
Excerpt . . .
It also states that most of the non-BRIC Emerging Markets that international companies plan to target in 2012-2017 are in Asia or Latin America, and Indonesia is the next upcoming Emerging Market, with over a quarter of companies naming it fifth after the BRICs.It is followed by South Africa, Vietnam, Mexico, Turkey, and Argentina.
Half of the companies say at least 30% of global revenues will come from Emerging Markets by 2017
In the Business Perspectives for Emerging Markets 2012-2017 Report from GIA, 431 large and mid-sized companies reveal their true goals and intentions.
- One fifth say Emerging Markets will account for 50% of revenues within five years
• 70% say they want to gain a foothold for long term success
• 51% say they were keen to gain global market share
• 4 out of 10 have followed their customers to Emerging Markets
• A third are looking for growth outside established markets with lackluster growth and profits
• 1 out of 4 are keen to diversify their risks, as well as tap into short to medium term profits
• Only 17% said it was to lower supply costs
Celebrating Landsat – Forty years of our planet, from space – Check out this video
Today we celebrate the 40th anniversary of the Landsat satellite program — now the longest-running continuous acquisition of satellite images of the Earth’s surface. Over the years, Landsat has collected petabytes of images offering an historic perspective on planetary change that can help scientists, independent researchers, and nations make informed economic and environmental policy decisions.
London: The Olympic City
After £11 billion and seven years preparing for the Summer Olympic & Paralympic Games, the London 2012 Olympics will present 32 stunning venues throughout the city – from the ultra modern to the historic transformed. A high speed Javelin train and a brand new Thames Cable Car will greet millions of visitors and a multi billion global TV audience.
When the 2012 Olympics begin – with a lavish Opening Ceremony by Oscar-winning director Danny Boyle – on Friday 27th July, London will become the first and only city in the world to host the modern Olympic Games three times, following previous Olympics in 1908 and 1948. But the 2012 Olympics in London are unlike any previous Olympics because of the city hosting them. No spectator in central London will ever be more than 30 minutes away from an Olympic venue, with some of the capital’s most iconic landmarks acting as stunning backdrops for the greatest sporting show on earth. The illustrated map, created by LondonTown.com shows how the Olympics have brought together well known London visitor attractions and new sporting venues not only in East London but throughout the city. The thoughtful juxtaposition of new sporting arenas alongside historic sites will be the true hallmark of the 2012 Olympics as the whole city opens itself up to 805 different sporting events.
The Malapa cave’s mysteries . . . Meet a human ancestor, live and over the Web / Dave Mayers (Dave Mayers is a Johannesburg correspondent for SmartPlanet.)
Excerpt . . .
“This discovery will almost certainly make Karabo the most complete early human ancestor skeleton ever discovered,” Berger said in a statement. “We are obviously quite excited as it appears that we now have some of the most critical and complete remains of the skeleton, albeit encased in solid rock. It’s a big day for us as a team and for our field as a whole”
5 Obscure formulas that rule the world / Valerie Ross
You probably don’t think about the Dirac equation on an average day, but it describes just about everything that happens to you.
What Rebecca said –
Quote . . . “I was talking to a private equity guy recently–a bright MBA from Harvard,” says Rebecca Harrison, head of the African Management Initiative, based in South Africa. “He’s sitting on money. They want to invest in high-potential small- and medium-sized businesses. But every company they go into has basic management problems. That restricts the money that can go into the continent.”
Are MBAs the solution to Africa’s problems? Two new programs hope that giving the continent more business-degree holders will boost production and outside investment. But is an MBA really an indicator of potential success? Given their current reputation in the U.S., the idea of pumping Africa full of business degrees to save the economy might seem wrong-headed, or even a bit perverse. If MBAs have been responsible for irresponsibility, you might argue for quarantining the model, not exporting it. But then there’s some evidence that spreading management knowledge is good for countries–especially for catalyzing economic development. Two new programs in Africa are aiming to fill that “management gap,” by producing locally grown managers.
When you talk to investors, they have plenty of capital. The problem is finding well-managed companies. Although research is limited, studies do show links between management knowledge and economic success. Studies have found that countries with better management are more productive (PDF), as are businesses run by trained managers (PDF).
Nick Bloom, the associate professor at Stanford who co-authored those studies, says management training may be a better aid-investment than, say, hospitals, or schools. And others call management the “missing link” in Africa: key to building up local talent (by keeping would-be expatriates at home), and developing businesses.