India: Land of New Opportunities – An Academic Perspective* Dr. Subhash Sharma Director, Indus Business Academy (IBA), Bangalore *Panel Discussion Presentation in Panel 1: India Strategy and Trends in Opportunities, Markets, Culture … , 2011 India Trade Conference, June 23, 2011, Los Angeles Four Lions Symbolism: A Symbolism for New Opportunities – From Past to Future Ancient Symbol Future Meaning Four Lions as Four Fundamental Forces at the Macro Level I. Force of Market II. Force of State/Government III. Force of People/ Community IV. Force of ‘Inner Self’/ Higher Self ©SS-IBA-India Trade Conference 2011, June 23, Los Angeles Four Fundamental Forces of Holistic Model – Holistic Globalization Inner Self State Market Capillary Action* * Democratic societies, capillary action is also represented by Democracy Opportunities from ‘Inclusive Growth Perspective’ • Paths to Inclusive Growth Amartya Sen C. K. Prahlad Gandhi, Mohd Yunus and others (‘Rise of The Bottom’ through Social Entrepreneurship) ©SS-IBA-India Trade Conference 2011, June 23, Los Angeles Creating Bridges for New Opportunities Amartya Sen Road C.K. Prahalad Road (Government Road) (Corporate Road) Government should Bottom of the Pyramid reach the unreached Bridge Bridge Rise of the Bottom (Capillary Action Road/ Social Entrepreneurship Road) ©SS-IBA-India Trade Conference 2011, June 23, Los Angeles Models of World For Viewing Opportunities • C. K. Prahalad (World is Pyramid) Friedman (World is Flat) World As A ‘Sphere’: Lesson from Globe Structure ©SS-IBA-India Trade Conference 2011, June 23, Los Angeles Looking at World as ‘Atmosphere’ Every ‘sphere’ has its ‘atmosphere’ 1. People with spiritual bent of mind see ‘atmosphere’ as ‘atma’s sphere – Force field around ‘atma’ (‘inner-self’). 2. People with scientific bent of mind may see ‘atmosphere’ as ‘atom’s sphere – Force field of atom. 3. People with business bent of mind when view this world as ‘Atmosphere’, new opportunities arise such as Clean Technologies. This view opens up opportunities for ‘Green Entrepreneurship’. ©SS-IBA-India Trade Conference 2011, June 23, Los Angeles In India World Is ‘Coconut’ • In India World is seen as Coconut: Opportunities in the ‘Middle’ – Middle class has emerged ©SS-IBA-India Trade Conference 2011, June 23, Los Angeles Opportunities in Terms of LG (LocalGlobal) Trade Interactions • LG Matrix: Local-Global Trade Interactions Matrix and LG Competition Market Global Global Local (G,G) (G,L) ( L,G) (L, L) Product Local ©SS-IBA-India Trade Conference 2011, June 23, Los Angeles New Opportunities: A Cultural Perspective Three ‘Poetic words’ that capture ‘India USP’ in the ‘New Age of Opportunities across the globe’ Baba Dhaba Shor-sharaba (Dear one) (Authentic Indian (Celebration Food) song & danceBollywood style) Indian Spirituality: New Age Gurus Indian Restaurants Indian Music & Dance ©SS-IBA-India Trade Conference 2011, June 23, Los Angeles For Further Details • Management in New Age: Western Windows Eastern Doors, Subhash Sharma, New Age International Publishers, New Delhi, 1996 & 2006 • New Mantras in Corporate Corridors, Subhash Sharma, New Age International Publishers, New Delhi, 2007 • www.shunyacreations.com