What can we learn from the way business is done in Asian cultures? The dominant management philosophy in the Asia-Pacific region is a Chinese one, emphasising Confucian values, the family and respect for authority. Does the enduring success of this approach have important lessons for us in the West, or is this management style increasingly redundant, as economies and companies internationalise and mature? This album visits several companies in Asia to explore the relationship between value systems and business management. This material forms part of The Open University course B822 Creativity, innovation and change.
The Open University Business School's Janette Rutterford asks Evan Davis what he's learned about managers from those he's met while making The Bottom Line.
Companies are global entities now, but it’s their employees who keep them grounded in the real world. It’s the way businesses deal with the global economy that makes the difference.
Professor Nouriel Roubini of Stern Business School discusses how he predicted the financial bubble bursting two years ahead of the crash and was ignored by the sector.
Gillian Tett, Assistant Editor of the Financial Times guides us through the growth of risk taking and use of derivatives in the finance sector; and explores the reasons behind London’s popularity in global markets.