November 7th, 2011
Posted by:
Sanjay Dutt
CEO-Business, India
People often compare the economies of India and China, the world’s two most populous countries and also engines of economic growth. While China may seem to have stronger growth and prospects than India, the reality is not so clear-cut.
Comparing India’s true democratic government with China’s blend of capitalism and communism is like apples and oranges in some ways. China’s unopposed government enables quick, decisive action to leverage global business opportunities and create a world-class infrastructure—areas where India’s government of checks and balances hinders global competitiveness.
However, India may emerge as a stronger long-term player than China. By 2030, India will have 800 million workers with more than 590 people located in cities and per-capita income that is expected to increase 200 percent over the next two decades.
India has world’s largest pool of educated, English-speaking workers, and attracts jobs from service-oriented companies seeking talented knowledge workers—such as the IT, IT Enabled Services, Education and Banking industries. Wages for those jobs are low by Western standards but allow a much better standard of living than the cheap-labor jobs that typically go to China.
Greater disposable income, plus a political structure that protects businesses and workers from unfair government intervention, help to raise India’s level of “domestic consumption.” That makes India attractive to global companies as a market for their products and services, whereas China is seen mainly as source of cheap labor for exports. If Chinese workers raise their level of domestic consumption, eventually they will not be the world’s cheapest labor pool, and global companies will move some manufacturing operations to other countries.
Also, India’s political system is more suited for long-term equity investments, while China attracts short-term investors. China may see stronger GDP growth in the next few years, but India’s economy is more likely to see dynamic growth sustained over the long term.
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Posted in Asia Pacific, Atlanta 2011, India, Uncategorized | Leave a Comment »
November 7th, 2011
Posted by:
Cons Gattuso
Engineering Services
CREs and facilities teams are facing greater pressure than ever to reduce costs—and in the wake of the recession, they are already running pretty lean. We need new ways to drive out costs without sacrificing service or taking on more risk.
Smart technology has the potential to be a powerful tool for reaching new levels of efficiency and aggressively managing costs and risk. But in the past, it was just too expensive to implement.
This week at the CoreNet Global Summit in Atlanta, we are launching a new service: IntelliCommand. IntelliCommand integrates cloud-based, smart technology from Pacific Controls, with Jones Lang LaSalle’s facility management platform to provide 24/7 remote monitoring and control of buildings.
The firm is piloting this new service and beta testing it with one of the world’s largest manufacturing companies. Within just six weeks of going live at a building we are seeing significant efficiency gains. Our initial analysis is predicting payback in 18 to 24 months and we anticipate up to 18 percent in energy savings.
To hear more, come by the Jones Lang LaSalle Social Networking Point near CoreNet registration. Or check out our landing page, where you can:
- Benchmark your energy use
- Watch a video about the benefits
- See how it works
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Posted in Atlanta 2011, Uncategorized | Leave a Comment »
November 7th, 2011
Posted by:
Katie Sershon
Public Relations
You don’t want to miss “Social Dynamics, CRE and Social Media – A Live Worldwide Discussion” of social media’s impact on the CRE business Tuesday November 8, at 2:45 pm Eastern. Thanks to the magic of Twitter, you can participate even if you’re half a world away from Atlanta by following #CNGAtlanta.
Social media has changed the way the world communicates and interacts. It’s important for commercial real estate executives to understand these channels as a platform for internal and external communications with clients, colleagues, friends and industry leaders.
Our live worldwide discussion is a great example of integrating social media with our business. We’ll weave a tweetchat into a traditional panel of industry experts, giving audience members and Twitter followers the opportunity to join the conversation in real-time, or get the highlights later, by reading the Twitter feed at #CNGAtlanta. If you are attending CoreNet, and want to join the session stop by the Jones Lang LaSalle Social Networking Point (across from registration) Tuesday morning and we’ll get you connected.
COME TO THE SESSION:
Session date: Tuesday, 11/8/11
Session time: 2:45 to 3:30 p.m.
Location: Georgia World Congress Center Building C ROOM # C201
JOIN THE CHAT:
1. Go to http://tweetchat.com/room/CNGAtlanta
2. Sign into your personal Twitter account by clicking “Sign In Button”
3. Click “Authorize this App”
4. Begin tweeting
FOLLOW THE EXPERTS:
Questions: @JLLNews – Jones Lang LaSalle
Moderator: @CoreNetGlobal – Bailey Webb
Speakers:
@almcgint – Alan McGinty
@dukelong – Duke Long
@JoeBrady3 – Joe Brady
@LegacyUS – Michael Dow
@rich_jordan – Rich Jordan
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Posted in Atlanta 2011, Social Networking | Leave a Comment »
November 6th, 2011
Posted by:
Tom McCarty
Strategic Consulting
As Dan Probst wrote earlier, our new book Six Sigma for Sustainability shows executives how they can apply work-process improvement strategies to jump-start their sustainability programs.
Many companies are engaged in sustainability at the tactical level, but embedding these concepts into the corporate culture requires holistic approach that brings together all the players within the firm into a collaborative management model.
When all the right people are engaged, Six Sigma becomes the vehicle for leaders to identify the “transfer function,” the critical few activities that, done well, will meet or exceed the expectations of customers and other key stakeholders. Deploying those strategies in alignment with all the business units and support functions that contribute to a sustainability program creates a “house of quality” that leads to breakthrough success.
I’ve seen Six Sigma used to enhance many types of business processes, but none are better suited than sustainability to Six Sigma’s DMAIC model – Define, Measure, Analyze, Improve Control. Sustainability is a recent concept for virtual every company, yet it is a differentiator and key driver of long-term success when it is woven into the corporate fabric. Six Sigma provides the tools to help you get there.
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Posted in Atlanta 2011, Sustainability | Leave a Comment »
November 6th, 2011
Posted by:
Eric Stavriotis
Strategic Consulting
Economic downturns are tough on everyone, but this one has been doubly difficult for economic development commissions. One challenge is that most companies are not experiencing the kind of dynamic growth that allows expansion into new markets, and the few that are may expect more help from EDCs today than in the past.
The other problem is that many cities and states are more cash-strapped than ever. In looking for ways to reduce costs and increase tax revenue, economic authorities may not want to risk angering residents by giving big tax breaks to attract and retain companies. And some state and local governments have reached the limit of their capacity to raise money by issuing bonds.
Yet, there are industry sectors such as cleantech and healthcare where companies have expansion requirements, and some existing companies with expiring incentives are considering relocation if they can’t get continued public-sector support. EDCs need to pick their targets carefully and be creative in crafting incentive packages that will add, or at least maintain, jobs in their areas without pushing taxes or deficits too high.
Ohio has done a good job of walking that tightrope. Come to our CoreNet Global Forum session on Monday entitled “How to Make State and Local Incentives Work for Business” to get the latest on win-win strategies for businesses and communities.
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Posted in Atlanta 2011, Economy | Leave a Comment »
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