Recent decades have seen increased focus on corporate governance and business ethics — and an increased number of ethics-based courses at business schools. While this is true of countries across the world, South Africa can be considered a special case. In South Africa, dramatic changes to the corporate governance regime have coincided with — and, […]
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Despite decades-long efforts to eradicate it, corruption continues to be a serious business risk in emerging markets. Policies by national and international governments have had only limited success; so, too, have strategies by companies. The difficulties are often said to be particularly great in Russia, where the rule of law has been diverted by a […]
Read More… from Reflective Leadership to Counter Corruption in Emerging Markets
Africa’s growth and development prospects over the past decade have attracted the attention of investors, development agencies and governments across the world. ‘Traditional partners’ — i.e. the Americans and the Europeans — have been joined by new ‘players’ from Asia and Latin America. China, unsurprisingly, leads the emerging-power league: trade between the country and the […]
The migration of nationals from less-developed countries, once thought of as ‘brain drain’, has been ‘re-framed’. A new concept, ‘brain circulation’, has taken root — and with it the idea that members of the diaspora can be ‘mobilised’ to benefit the economy back home. Interpersonal ties are increasingly seen as a way to diffuse […]
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"Umuntu ngumuntu ngabantu" – A person is a person through other persons. (from the humanist African philosophy Ubuntu) The ‘bottom of the pyramid’ (BoP), the world’s poorest socio-economic group, as defined by business thinker C. K. Prahalad and his colleagues, has received much attention from marketing academics and practitioners in the past 10 years, both […]
Read More… from Collectivism and Consumers at the ‘Bottom of the Pyramid’ in South Africa
Several studies have made the connection between body postures and feelings and perceptions of strength and dominance. Open and expansive body language has not only been found to communicate power but also to affect power-related thoughts and feelings and neuroendocrines (cells that release hormones such as testosterone to the blood). Constricted poses, on the other […]
Read More… from Body Language: Power Poses That Get Lost in Translation
A growing body of literature demonstrates the positive impact of regional clusters and networks on innovation. Including links to government agencies and research institutes as well as to similar companies and their distributors and suppliers, intra-cluster ties (ICTs) are seen as a gateway to technical know-how, trade contacts and capital for small businesses. They encourage […]
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Latin America has been enjoying stable growth in recent years. In January 2013, the BBC reported that the region’s economic growth had outstripped that of Europe for the past eight years. Now, it is time for Latin American organizations to take an international approach to developing leadership capacity, say faculty from the Center for Creative […]
Read More… from Avoiding Managerial Derailment in Latin America
A parent company can either centralize decision-making related to a foreign subsidiary at the parent company headquarters or decentralize those decisions to the subsidiary. Working with two decades worth of data from U.S. multinationals, Leslie Robinson and Phillip Stocken of the Tuck School of Business identified some key factors that determine which is the better […]
Read More… from Centralized or Decentralized Decision Rights in Multinationals
Family businesses are large contributors to the Indian economy, forming an integral part of Indian culture and society. They account for approximately 85% of business in the country, but have traditionally been plagued by concerns about their susceptibility to emotional decision-making, non-professionalism, governance issues, etc. Now, however, it seems that family businesses are gradually shedding […]
Read More… from Family Business in India: Meeting 21st Century Challenges
