Five trends shaping the business world of Emerging Markets (EMs)

Ram Sarvepalli, Leader- Advisory Services, India and Partner – Emerging Markets Center, shares upcoming trends in Emerging Markets (EMs) and how companies can grow in the changing business environment.

At the beginning of the 21st century, Emerging Markets were positioned as shining stars, driven by buoyant global trade and easy financing. However, their fate has proven to be dynamic over time. Their annual GDP growth rate went up from 3.8% in 2001 to 8.7% in 2007 and then down to 4.7% in 2013. As a result, companies are relying on a new set of drivers to rebound their growth in these markets.

Continue reading

The four principles of Agile Innovation

The increasing pace of change and its disruptive impact on businesses is now common knowledge.  Gone is the time when products had a lengthy lifecycle, and a single R&D investment generated a revenue stream for years to come. Today, the market is being flooded with new products and services by large organizations and start-ups. This is a clear indication of the need for them to be agile and responsive in order to maintain their competitive position. In his new blog  Ram Sarvepalli, Leader Advisory Services- defines Agility (at the organizational level) relates to an enterprise’s ability to rapidly adapt to changes in the business environment and its key principles.

Continue reading

A more open approach to innovation

ATOMES-2True to the spirit of the democratic ethos trickling down to the very grassroots of our societies globally, innovation is becoming increasingly democratic today. Companies have begun to realize that the best ideas do not necessarily only originate within the four walls.   Ram Sarvepalli, Leader- Advisory Services, India, Partner- Emerging Markets Center shares his viewpoints on a more open approach to innovation.

Continue reading

Innovation procurement and value creation

Back view of young man framing picture with fingersInnovation has become a buzzword for companies worldwide. Mention the word ‘innovation’ and most people begin envisioning extraordinary inventions created by solitary geniuses. Simply put, innovation is about unique ideas and/or knowledge that can be translated into new, usable products and services. This requires a great understanding of the need gap towards which the innovation is targeted. In this blog post, Ram Sarvepalli, Partner & Deputy Leader, Advisory Services, EY examines the benefits and value that a proactive approach to innovation procurement can bring to the table.

Continue reading

Driving businesses through digital transformation

2Digital evolution across the globe has offered a huge scope for improving business processes, customer and client engagement. Did we ever imagine that we would be able to pay our electricity bills through mobile or influence the entire spectrum of business activity through Social Media. In this blog post Ram Sarvepalli, Partner & Deputy Leader, Advisory Services, EY shares his viewpoint on how digitalization is constantly bringing path-breaking changes in the working of economies around the world.

Continue reading