Organization Development
Organization Development
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EMERGING BUSINESS
Definition:
“Emerging” defines as
1) To come forth into view
2) To come up and arise
3) To rise from an inferior point or position
An emerging industry is a group of companies in a line of business formed around a new product
or idea that is in the early stages of development. An emerging industry typically consists of just a
few companies and is often cantered around new technology. Emerging industries frequently come
into existence when one technology begins to eclipse and replace an older technology.
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EMERGING BUSINESS
■ Understanding an Emerging Industry: It may take years for an emerging industry to reach profitability.
Research & development expenses will comprise the bulk of the early operating expenses of
companies in the industry. Also, marketing expenses will be high because the product or service is
largely unknown and unproven, so companies in an emerging industry must convince both investors
and consumers that the product or service will be valuable. Investing in an emerging industry is a high
risk-reward proposition.
■ Barriers to Entry: In an emerging industry can be relatively high because of the level of expertise
required to compete in the new field. Examples of these barriers include scarce resources to
manufacture a company's products, inability to take advantage of economies of scale, lack of sufficient
financing, government restrictions, and competition from established companies.
■ Examples of Emerging Industries: The world in the mid-1990s knew the Internet as an emerging
industry. Hundreds of companies formed to try to capitalize on the new technology. The dotcom
bubble refers to the rapid proliferation of Internet-based companies that fuelled a bull market in
technology stocks. Speculation grew and venture capitalist poured money into many start-ups that, in
some cases, had no actual product or service to sell. By the end of 2001 and into 2002, the dotcom
bubble burst, and many publicly traded companies folded. However, those companies that offered
valuable consumer services and products—such as Amazon and eBay—survived and flourished,
becoming standard-bearers for the emerging Internet industry.
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EMERGING BUSINESS LEADERS
■ Emerging leaders are smart and talented high-achievers in their current roles. They consistently
produce more and better work than their peers, are considered subject-matter experts, and know
how to attain results by their own accord and through others. They are driven to accomplish great
things.
■ 5 Emerging Leader Qualities: There is no one way a leader may develop, but there are a number of
qualities that all successful leaders possess. These are qualities that make others respect them and
want to work with them while also making them competent workers in their own right.
Five of these qualities include:
The ability to collaborate with others
Self-assured confidence
Consistent and constant learning and self-improvement
A propensity for fostering growth in others
A strong capacity for clear communication
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TOP THREE EMERGING BUSINESS LEADERS IN THE WORLD
• It is a company which helps to fund • It is a company set up to manage • It invests in enterprise software
startup companies. venture capital, global investments, companies in a Series A through C
• Kim joined Comcast Venture in 2011. mergers and acquisition. funding stages with a focus on AI,
Kim looks after the finance, operation • He is being part of this company for business application, infrastructure,
and strategic operation part. more 20years. security and vanguard technologies.
• She has being mentor for • She was the third to be hired at M12
entrepreneurs and a advocate for after it was being founded in May
women in leadership 2016, and one of the key reasons for
the fund up and running.
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BUSINESS LEADER OF THE YEAR
(Awarded by ET NOW_2020)
Mr. Suborno Bose - the Founder of the Young Chef Olympiad, Co-chairman and
CEO of the International Hospitality Council (IHC) and Founder and Chief Mentor,
Indismart Group
• Dr. Bose is a chartered accountant with 25+ years of entrepreneurial
experience in different locations across the globe. As the founder and chief
mentor of the Indismart Group, his mission is to create magic moments for
everyone (from visitors and guests to people working in the organization) at
every opportunity.
• The first step towards mentoring the students for making them future ready
was with Institute of Advanced Management in 1989 . this was followed by
International Institute of Hotel Management (IIHM) in the year 1994.
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BUSINESS LEADER OF THE YEAR
(Awarded by ET NOW_2019)
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BUSINESS LEADER OF THE YEAR
(Awarded by ET NOW_2018)
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BUSINESS LEADER OF THE YEAR
(Awarded by ET NOW_2017)
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KEY TAKEAWAYS
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