B8081 Managing in Asia: Issues and Ethics Dr. John Webster

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 2 Group members Anand Vaswani Blake W. Bratt Chua Sock Li Grace Tng Gabriel Rüeck Ignatius Vun Lin Qiao Marc Besserer Philippe Macquet

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 3 Division in Sub-Regions Northeast Asia (NEA) Southeast Asia (SEA) South and Central Asia (SCA) Geographic proximity Shared identities Historical legacies

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 4 Division in Sub-Regions Northeast Asia Mongolia China North Korea South Korea Japan

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 5 Division in 3 Sub-Regions South & Central Asia Kazakhstan Kyrgyzstan Tajikistan Pakistan India Bangladesh Sri Lanka Nepal Bhutan

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 6 Division in Sub-Regions Southeast Asia Myanmar Thailand Laos Cambodia Vietnam Malaysia Singapore Indonesia Philippines

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 7 Why Is Social/Culture Important? POLITICS SOCIAL & CULTURAL ECONOMY

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 8 NEA Competitive global environment  more integration. Political and economic integration  exacerbate existing social problems. Growth of aging population and its repercussions. Ramifications of One-child Policy comes to fruition. Innovation and continuous education more important. Education drives creation of specialized skills. Stiffer competition for higher education Savings and income inequalities – challenge to societal harmony. Increased competition and new distribution channels pose conflicting social choices.

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 9 SEA Economic and information development  convergence of social norms. Integration of SEA  minimizes terrorism as a social/political tool. Moderate populations will attempt to gain influence over avenues of extremism. 90%-100% primary school enrolment rates in SEA. Greater awareness of environmental issues. Regional regulations on labour established. Cultural heritage better conserved and managed.

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 10 SCA The continued population growth of India vs. rest of greying world. Religion continues to be an important aspect the daily lives of the populace. A pronounced disparity of income continues. Social divisions will remain an important aspect of interaction. Clash of middle class Materialism and Fundamentalism of the poor. Employment and education pressures will force professionals overseas. Scarce resources will become a social flashpoint. The oil reserves, a raised the standard of living, but internal focused.

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 11 General Trends Re-emergence of Asian identity. Increasing attractiveness of Asian culture. Increasing levels of education. A pronounced disparity of income continues. Natural resources will become a dominant issue. Social convergence in the face of cultural diversity.

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 12 Business Implications A integrated, prosperous, harmonious yet culturally diverse Asia provides good quality of life for international business people. Improved workforce yields productivity and quality. Sensitivity to unique social and cultural identities. Engage in labour discussions at regional/global levels. Prepare for the next industrial migration. Living standards create health-conscious behaviour. Resources play an increasingly important role. Tap the growing material needs of the middle class. Security risks from Fundamentalism and income disparity.

The Nanyang MBA, Asia 2013 Social & Cultural Observation and Implications 13 Thank you