Create A PowerPoint Presentation To Train A Group Of New Emp
Create a Powerpoint presentation to train a group of new employees on emerging markets concepts
You have been asked to create a PowerPoint presentation to train a group of new employees for Future Trends Financial Firm on key concepts of emerging markets. Include the following in your presentation: Identify and explain key concepts of emerging technologies, highlighting their use and availability for emerging and developed markets. Define and describe common industry concepts including: institutional voids, business groups, technological capabilities, changing income distribution, and bottom of the pyramid. Please be sure that the correlation between concepts and various markets is appropriate. Develop a 7–10-slide presentation in PowerPoint format, utilizing at least two scholarly sources.
Paper For Above instruction
Introduction
The global economy is characterized by diverse and dynamic markets, among which emerging markets hold significant importance due to their rapid growth potential and unique challenges. For new employees at Future Trends Financial Firm, understanding these markets' fundamental concepts, especially emerging technologies and industry-specific dynamics, is vital to navigating investment opportunities and risk management effectively. This presentation aims to elucidate key concepts central to emerging markets and the technological trends shaping them, providing a comprehensive foundation for informed decision-making.
Emerging Technologies and Their Market Applications
Emerging technologies refer to innovations that have the potential to transform industries and economic markets due to their novel applications and increasing accessibility (Schwab, 2016). In both emerging and developed markets, these technologies—such as artificial intelligence (AI), blockchain, Internet of Things (IoT), and renewable energy solutions—are influencing sectors like finance, healthcare, manufacturing, and agriculture. For example, AI-driven financial analytics improve investment strategies in developed economies, while mobile banking apps utilizing blockchain are expanding financial inclusion in emerging markets like Africa and Southeast Asia (World Bank, 2020). The proliferation of these technologies depends on infrastructure development, regulatory environments, and market readiness. Consequently, organizations investing or operating in these regions must assess technological capabilities and adoption trends to gauge opportunities and risks effectively.
Key Industry Concepts in Emerging Markets
Understanding industry-specific concepts is crucial when analyzing or entering emerging markets. These include the following:
Institutional Voids
Institutional voids refer to the lack of established intermediaries, regulatory frameworks, and market infrastructure that facilitate commercial activities (Khanna & Palepu, 2010). Such voids can hinder market efficiency but also create opportunities for innovative solutions and entrepreneurial initiatives. For instance, in countries with weak financial institutions, mobile money platforms like M-Pesa have thrived as alternative payment solutions.
Business Groups
Business groups are conglomerates comprising interconnected companies often operating across multiple sectors. They serve as organizational structures to mitigate risks associated with unstable political or economic environments (Khanna & Yefremov, 2017). In emerging markets like India and Brazil, business groups provide stability, facilitate resource sharing, and influence market dynamics significantly.
Technological Capabilities
Technological capabilities entail an economy’s or firm’s capacity to adopt, adapt, and innovate with new technologies. These capabilities influence competitiveness and growth potential in emerging markets. Developing technological infrastructure and human capital are essential steps towards enhancing these capabilities.
Changing Income Distribution
Shifts in income distribution reflect socioeconomic changes, affecting consumer demand and market segmentation. Rapid urbanization and economic growth often expand the middle class, creating new opportunities for consumer goods and financial services targeted at previously underserved populations.
Bottom of the Pyramid (BoP)
The BoP concept describes the large population segments living with low income but significant market potential. Companies developing affordable products and services—such as microfinance or low-cost smartphones—capitalize on these markets while promoting inclusive growth (Prahalad, 2004).
Correlation of Concepts with Market Development
The interplay of these concepts varies across markets. Countries with significant institutional voids may see a rise in innovative fintech solutions, while markets with increasing income levels and expanding middle classes offer lucrative opportunities for consumer brands. Recognizing the specific context of each emerging market allows firms to tailor strategies that leverage technological trends and address structural challenges effectively.
Conclusion
For successful engagement with emerging markets, understanding foundational concepts such as institutional voids, business groups, technological capabilities, income distribution shifts, and the bottom of the pyramid is essential. Coupled with insights into emerging technologies, these principles guide strategic decision-making in dynamic and diverse economic landscapes. As markets evolve, continuous learning about these concepts ensures that firms remain adaptable and competitive.
References
- Khanna, T., & Palepu, K. (2010). Winning in emerging markets: A road map for strategic Success. Harvard Business Review, 88(7/8), 60-69.
- Khanna, T., & Yefremov, S. (2017). Business groups in emerging markets: Comparing India and Brazil. Asia Pacific Journal of Management, 34(4), 819-839.
- Prahalad, C. K. (2004). The fortune at the bottom of the pyramid: Eradicating poverty through profits. Wharton School Publishing.
- Schwab, K. (2016). The fourth industrial revolution. Crown Business.
- World Bank. (2020). The Ease of Doing Business Report. World Bank Publications.