Corporate Social Responsibility Essay

1057 Words5 Pages
The Global Mindset Business Ethics in a Global World: India’s Changing Ethics Dr. Jagdish N. Sheth Charles H. Kellstadt Professor of Marketing Goizueta Business School, Emory University jag@jagsheth.com The Fundamental Shift From the 20th to the The Global Mindset 21st Century EMERGING NATIONS 21st Century Global Business GOVERNMENTS MARKETS 20th Century International Business ADVANCED NATIONS • While the 20th Century was driven by governments of advanced nations, the 21st Century will be driven by markets of emerging economies © Prof. Jagdish N. Sheth, 2007 2 SCU/Business Ethics in a Global World March 9, 2007 The Global Mindset Forces Driving the Shift WORLD IS FLAT AGING OF AFFLUENT NATIONS FORCES DRIVING THE SHIFT COLLAPSE OF COMMUNISM 3 ECONOMIC PRAGMATISM © Prof. Jagdish N. Sheth, 2007 SCU/Business Ethics in a Global World March 9, 2007 Economic Growth Engines for the World The Global Mindset EUROPEAN CENTURY 1800s AMERICAN CENTURY 1900s ASIAN CENTURY 21st CENTURY © Prof. Jagdish N. Sheth, 2007 4 SCU/Business Ethics in a Global World March 9, 2007 The Global Mindset Reshaping of Business Practices with the Rise of Asia • Just as business practices were redefined with the rise of the American Century, they will be redefined once again with the rise of the Asian Century. • China and India will have divergent influences on reshaping business practices as both economies get globally integrated. • I will focus on India’s unique business practices and how they will change as India gets globally integrated. © Prof. Jagdish N. Sheth, 2007 5 SCU/Business Ethics in a Global World March 9, 2007 Factors Driving India’s Unique Business Practices The Global Mindset BUSINESS CULTURE GOVERNANCE RULES & REGULATIONS FACTORS DRIVING INDIA’S UNIQUE BUSINESS PRACTICES

More about Corporate Social Responsibility Essay

Open Document