Management in India and the USA
Description
Management practices can vary significantly between countries due to differences in culture, economic conditions, regulatory environments, and business practices.
This extremely short * - course covers the following topics:
- Cultural Differences in Leadership and Management Styles
- Human Resource Practices
- Adaptation to Technology and Innovation
- Regulatory and Legal Frameworks
- Market Dynamics and Consumer Behaviour
- Focus on Sustainability and Corporate Social Responsibility (CSR)
We also look at the following specific areas:
- Strategic Planning and Decision Making
- Work Culture and Employee Engagement
- Entrepreneurial Ecosystem
- Corporate Governance
So, that’s it. 50 minutes or so and course finished!
Well, only if you’re the sort of student who wants to watch without thinking; watch without doing; watch without participating.
(Or worse, watch fast forwarding and then inside a minute, claim a Certificate!)
No, this course is quite a lot longer IF you work at it.
There is an extended Case Study on Strategic Planning and Decision Making in India vs. the USA
Overview
This case study explores the significant differences in management practices, particularly in strategic planning and decision making, between Indian and American businesses. The focus on long-term relationships and adaptability in India contrasts sharply with the data-driven and future-oriented approaches prevalent in the USA. By examining these distinctions, we can gain insight into how cultural, economic, and institutional contexts shape business strategies in these two diverse environments.
Plus a Discussion Question – AND prompts for the answer.
We also discuss startups and the challenges they face – in India and the USA.
Such as:
1. Regulatory Environment
2. Access to Funding
3. Infrastructure
4. Market Readiness and Consumer Behaviour
5. Talent Acquisition and Retention
6. Cultural and Societal Norms
But this is Not a course just about theory. We look at Flipkart, Ola Cabs, Zomato, Paytm, Rivigo, Udaan
If that is not enough we ALSO look at government policies and their impact such as:
1. Startup India Initiative
2. Digital India
3. Make in India
4. Goods and Services Tax (GST)
5. Atal Innovation Mission (AIM)
6. Ease of Doing Business
* So, a lot more than you may think!
BUT really the key input comes from students on the course. That is why there are Case Studies for every lecture, posts are encouraged in the Q/A, discussions are started – and continued – as by definition, the Q/A is likely to have the most up to date input.
So, what is really included?
1. Lectures (+ homework)
2. Lectures (+ areas for further research)
3. Resources – Case Studies
4. Educational Announcements
5. A highly active and (more importantly)…
6. …a highly participative student group. (I hope!)
In essence this course is/will be what you make it.