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Inside Asia Podcast
35 minutes | a day ago
Has Asia Lost It? (w/ Vasuki Shastry)
This week on Inside Asia, we reach across the Pacific to speak to Vasuki Shastry. He’s a Washington D.C.-based Senior Fellow at the US Chamber of Commerce and an Associate Asia Pacific Fellow at the policy institute Chatham House in London. We reached out to talk about his new book, provocatively entitled: Has Asia Lost It? A surprising headliner at a time when many would say the Pacific Era is upon us and Asia is most certainly on the rise. Vasuki disagrees. On the face of it, he says, things looks good. For instance, in just four short decades, the region has climbed its way out of poverty. Political and economic risk remains low. Vast wealth has accrued. And China has assumed Superpower status. Not too shabby. What we’re facing now, he says, is Peak Asia. Scratch beneath the surface and you see two systems. One that caters to the elites and one that controls the average citizen. Opportunities and upward mobility are diminishing. And unless Asia breaks the bonds of economic integration with the west through trade and manufacturing, it may never realize its potential. With talk of further de-coupling, the pressure is on Asian leaders to change – and fast.
42 minutes | 17 days ago
Capitalism’s Right of Passage (w/ Pietro Ventani)
This week on Inside Asia, we’re tackling a big topic – Capitalism. You might argue that it’s a system as tightly imbedded in our daily lives as any other. There’s hardly a place on Earth that isn’t affected by it. In most places, it governs the basic exchange of goods and service, provides the means for that exchange, and offers a set of economic rules by which most of us can agree. It can be credited in large part for lifting half of the human population out of poverty in only half a century’s time. Healthcare and lifestyle innovations did wonders in keeping disease in check. That led to a global population explosion. But corporations responded, building things better, faster, and cheaper so that everyone could take part in the great Capitalist dream. It was all going so swimmingly, until it wasn’t. Starting in 2005, there were warning signs. By 2007, in the U.S., delinquency rates on subprime lending rose sharply. And at the outset of 2008, the markets were in free-fall. What ensued was a Global Finacial Crises, the likes of which the world hadn’t seen since the Great Depression. If this re-telling strikes you as tiresome, forgive me, but here’s the point: It could have been prevented. It’s a failing of government regulators who proved unable or unwilling to check the collective power of monied interests. In the blink of an eye, Capitalism as a means of serving the greater good became the whipping boy of the financial elite. The real question is: Can we get it back? Here to discuss it with me is Pietro Ventani, a Singapore-based economist and investment strategist, who does some dabbling in early-stage fintech and blockchain ventures. We talked about Capitalism’s victories and failings, it’s ability to address new world issues, and how politics and technology are spoiling some of those prospects. All this in less than 35 minutes. So stay tuned.
38 minutes | a month ago
The Still Angry Clean Energy Guy (w/ Assaad Razzouk)
My guest this week is Assaad Razzouk, Group CEO at Sindicatum Renewable Energy and host of The Angry Clean Energy Guy podcast. We’re talking about the need for new market forces to drive sustainability and reduce carbon output. In Assaad’s view, we’ve been playing around the perimeter for too long. Now is the time to align corporate, government and societal interests to ensure a cleaner world and healthier planet. On the environmental and cleantech front, we’re off to a fast-start in 2021, and according to my guest this episode, there’s no time to waste. Structural changes, however, are essential. And this means calling out the biggest contributors to our current climate change crises. It starts with Big Oil. They have a lot to account for, says Assaad, not just in the way they operate, but in the tactics they have long employed to divert public attention and lay the blame elsewhere. In this 35-minute conversation, we touch on the geopolitics of climate change, fossil fuel charades, investor responsibility, and the need to once and for all impose a set of progressive policies that hold corporations accountable for extracting from the earth and polluting the environment.
41 minutes | a month ago
A Purpose-driven Career & Life After Work (w/ Todd Miller)
“Purpose” as a business operating principle, has been elevated as a key priority for hundreds, if not thousands of organizations worldwide. The idea that all stakeholders are important, and not just shareholders is a new, novel, and some say, notorious concept. Convincing people within an organization to change the way they think, plan, and work is no easy task. Even so, that’s what purpose-driven organizations are trying to do – lifting their game in order to better serve people and planet. But what happens if executives tasked with developing and delivering Corporate Purpose are experiencing their own existential crises? Many have built careers by toeing the party line, delivering results, and mastering corporate politics. Achieveing career goals carries some satisfaction, no doubt. But you have to ask: To what end? For those of you who’ve been in the game for a while, chances are you’ve made your company richer, more efficient, or even better liked. That’s great. But how do you feel…you know…personally? “Tired,” said one senior executive who I recently spoke with. “It was hard enough to keep everyone happy before Covid. Now it’s even harder,” he told me. My guest this episode, Todd Miller is someone who’s reflected on the challenges of modern corporate life. He knows first-hand that failure to address the yearnings of the soul – if not taken seriously – can alter your outlook on life, curtail job satisfaction, and leave you searching for answers in far away places. Here’s my conversation with Todd.
45 minutes | a month ago
Backing Women Entrepreneurs in a Time of Change (w/ Debbie Watkins)
This week (and every week) we celebrate women, and women entrepreneurs in particular. Increasingly, female founders are launching new and innovative ventures with growing support from investor communities that for too long have been male-biased. Don’t believe me? Look at the numbers. From wage inequality, to promotions, to venture funding and social stigmas, women have had an uphill battle. The situation is particularly depressing in the poorest countries and among the least educated. Patriarchal societies are alive and well and for a woman to succeed financially or professional it takes an added level of luck, grit, and tenacity. Money helps too. And in markets the world over, women have a harder time securing credit or receiving funding than their male counterparts. One Singapore-based start-up hopes to make a difference. LUCY, a self-described “neo-bank” plans to provide the tools, network, and eventually the credit, to help entrepreneurial women succeed. I spoke with co-Founder and CEO Debbie Watkins. She spent years working with women in poverty-striken markets before pulling together a group of inspirational women and backers to offer their sisters in the field a helping hand. I’m also pleased to announce that beginning this week Inside Asia has a new sponsor. Quilt AI is a mission-first technology company that helps large organizations use the Internet more purposefully. It’s looking to reverse fractures in society and generate empathy, while helping organizations understand their consumers and beneficiaries much better. Quilt works with amazing organizations including Amazon, Twitter, The Gates Foundation, and The World Bank. But what got my attention is their pro bono work in gender equity and climate action - giving time and money to causes they care about and in service to the planet. Inside Asia is pleased to be associated with Quilt AI. For more information, do check them out at Quilt(dot)AI.
49 minutes | 2 months ago
Corporate Communication and the Generational Divide (w/ Rachele Focardi)
My guest this week is Rachele Focardi, author and expert on multigenerational divides. It’s a topic that continues to plague corporations that now, more than ever, need to attract and retain great talent. Rachele, Founder of XYZ@Work and author of Reframing Generational Stereotypes, sat down with me to discuss many of the challenges faced by modern corporations when it comes to identifying, understanding, and incorporating the growing needs of an increasingly diverse workforce. A lot of attention has been paid to gender and racial diversity in the workplace, but generational differences are sometimes under appreciated. My guest argues that this could prove a grave mistake, particularly at a time in history where young talent armed with technology, a gig mentality, and social agendas, have choices. Increasingly, she argues, “the value of an organization doesn’t lie in it’s assets, but in it’s people.” There’s not an organization that doesn’t pay lip service to the idea, but how many are actually backing it up, investing in their employees not just because it’s good business, but because it’s the right thing to do?
50 minutes | 2 months ago
Food to Feed the Planet (w/ Josh Tetrick)
My guest this week is Josh Tetrick, Co-Founder and CEO of San Francisco-based Eat Just, Inc. And no, it’s not an episode about life beyond this planet but life on the only planet that really matters – our planet. It’s also a "chicken or the egg" story. But in this instance, the chicken and the egg both come first. What comes next is a plant-based version of the egg. Confused yet? Well hang in there, because we’re talking about one of the most centrally important subjects of our time: Food. How we produce, process, and consume it has been something that all of us have taken for granted for decades now. But when you consider – as Josh does – that fully one-third of our arable land is used to produce feed for chickens and livestock, then something is terribly wrong. East Just, Inc. and a network of like-minded start-ups are trying to make a difference and hoping to profit at the same time. Poultry is a 230 billion dollar a year business. The market for eggs is slightly smaller at 200 billion. But given that both are among the world's most popular foods, it doesn't take a rocket scientist to see that by converting just a small percentage of chicken and egg lovers to a plant-based alternative, there’s upside for everyone: the consumer, the innovator, the planet, and not to be overlooked, our fine-feathered friend, the chicken. Josh is no stranger to the plant-based protein business. He's been probing away at the problem for more than a decade. But now, his company’s plant-based egg and lab-cultivated chicken are taking wing. Country regulators are just beginning to approve plant-based meat alternatives and manufacturing is ramping up. I spoke to Josh about his journey, his company, and what’s at stake if we don’t innovate our way out of a pending agricultural crises.
40 minutes | 2 months ago
Corporate Morality and the Pursuit of Social Justice (w/ Mac McKenzie)
Do corporations have a moral obligation to society? That’s the subject of this week’s episode of Inside Asia. My guest, Mac McKenzie, is Co-founder of the Bridge Partnership Asia and the Bridge Institute. It’s safe to say that over the course of history, companies have been viewed through the lens of profit. Causes that speak to social justice, racial and gender equality, and even environmental protection were left over the years to non-profit, religious, and government institutions. Unfortunately for them, public perception with respect to their effectiveness has all but collapsed. Only corporations, apparently, have withstood public scrutiny and are seen today as the last bastion of trust and competency. In some ways, that’s a scary thought. But regardless, it puts new impetus on companies to step it up. Even for the hold-out CEO who say “it’s not my department,” there’s no stopping consumers from wanting it to be so. It’s a dilemma for the for-profit sector, but an opportunity as well. At the heart of it is trust. And if you watched – as I did – as rabid Trump supporters stormed the US Capital after the President of the United States lied about the election outcome, then its not hard to wonder how public trust in government is in rapid decline. The same is true in China, where attempts to cover up the Covid-19 outbreak created a public outcry. And in Russia last week, protests erupted in over a hundred cities with tens of thousands demanding an end to political corruption. Trust in government from Moscow to Bejing and Washington, DC, has plummeted. Some say it’s the early makings of a societal vacuum. There are few institutions left in the world that have the resources and ability to move the dial in the realm of social justice. Bridge Consulting is trying to test the limits on what companies feel they can and can’t do. It’s raising some interesting questions. And consumers in Asia, it appears, are hoping to see more from companies in the months and years ahead.
3 minutes | 2 months ago
Inside Asia – A New Season For a New Era
It’s 2021. A new year brings new hope. For those of you who’ve generously followed Inside Asia for the past two seasons, we thank you for listening and for your loyal support. Over the course of the past 30 months, we’ve produced nearly 170 episodes, bringing to you insights through conversation from some of the region’s most compelling thinkers, leaders, and entrepreneurs. We’ve covered geopolitics, trade, technology, sustainability, the future of food, and leadership trends. We’ve covered vast territories as well, sharing insights from China, Japan, Southeast Asia, India, and even the Middle East. Asia is a smorgasbord of change and innovation and it’s been an honor and pleasure to be your host. Of all the topics and ideas covered in recent years, there is one that stands out above all others, and that’s Corporate Purpose. Week-in and week-out, the topic pervades the changing business landscape. Beyond the death and devastation caused by the global pandemic, it has taught us one thing: We can no longer operate in the world in the same tried and true way. It’s time for a change. How we as a society choose to address that change will define us for all ages. Corporate Purpose is to the coming decade what digital transformation was to the last. Increasingly, companies the world over are embracing the idea of conscious capitalism, committing resources to environmental protection and social justice. No longer is it enough for companies to remain myopically focused on growth and profit. Corporations are uniquely imbued with the kind of talent, ingenuity and resourcefulness to solve the world’s biggest problems. In the coming weeks and months, Inside Asia will commit its time and energy to covering Corporate Purpose as it plays out in Asia. The region is uniquely positioned not just to follow, but to lead the world out of our current climate, health and economic crises. Each week I’ll introduce you to the companies, enablers, and thought-leaders who see Corporate Purpose as the hallmark of our times. We invite you to join us and if you haven’t already, please search for and subscribe to Inside Asia podcast and the Inside Asia newsletter. Visit us at www.insideasiaadvisors.com and sign up now. The infamous Albert Einstein once said “No problem can be solved from the same consciousness that created it.” May 2021 be the year of a new consciousness. Stay tuned. We have new episodes in store. And as always, we thank you for listening!
47 minutes | 4 months ago
A Finer Future (w/ Hunter Lovins)
Something special happened in recent days, and in a slight departure from our regular format, I bring you a discussion held with one of the great environmental thinkers of our time, Hunter Lovins. It was on the occasion of one of our regularly scheduled gatherings of the Asia Corporate Leadership Council that Hunter joined us virtually from her ranch in Colorado. The Council is a partnership between The Conference Board, the Center for Creative Leadership, and Inside Asia, and is comprised of a select group of senior-most leaders of western multinationals, Asian conglomerates, and family offices. Our mission: To define and promote best practice in corporate purpose. Hunter is the latest in a string of featured speakers who define what good looks like, and with permission from our members, I bring you our conversation.
39 minutes | 5 months ago
Machines that Listen (w/ Walt Mayo)
This week on Inside Asia, we take a look at just one more way in which artificial intelligence is ingraining itself in our daily lives. With so much hype around AI, it’s hard to know what to think of it. In one moment, AI applications can appear benevolent, even helpful. And in the next, it can be intrusive. Facial recognition, for instance, can and has been used to track and screen innocent people simply going about their business. AI, you might say, wears many faces. One moment, it’s Big Brother watching your every move. The next, it’s R2D2 trying to save your life. I’m dramatizing, but you get the point. Now, apparently AI-enabled machines are learning to listen; so well, in fact, that advanced technology is able to decipher subtle tones, language variances and emotional nuances, virtually inaudible to the human ear. In so doing, it can determine the sentiment of the speaker. And that, says Walt Mayo, CEO of expert (dot) ai, can make a world of difference. Take the just concluded US Presidential race, for instance, Walt and his colleagues put their technology to the test and three weeks before the election, calculated that Joe Biden would receive 50.2% of the popular vote compared to 47.3% for Trump. It struck me as a bit of a marketing ploy at the time, and a risky one at that. Why would a tech company stick its neck out with this kind of prediction when every other major poll prior to the election had Biden trouncing Trump by at least an eight percent margin? The results are now official with Biden winning the popular vote by 51% to 47.2%. Yet, the real victor was AI. How did this relatively small tech company blow the doors off a phalanx of seasoned and highly certain professional pollsters? I asked Walt to join me in this episode to share his story and talk about the future of so-called “sentiment analysis” AI.
60 minutes | 5 months ago
The New ESG Movement (w/ Iain Donald and Silke Goldberg)
What a difference an election makes. Or at least, that’s the hope. It’s as if the world has been holding its breath and now – after no shortage of political drama – Joe Biden has emerged as the new President of the United States. Why’s that important? Because the world is suffering – environmentally, socially, and economically. The US can’t change all that, but it does bode well for a new era of greater international cooperation. As the world’s second largest polluter and the single largest economy, the US is instrumental if any progress is to be made. It’s track record on the environment, however, is less than inspiring. When things got messy some 40 years ago, exporting the problem seemed like a good idea. From the 1980s onward, US industrialists sent their polluting problems overseas, with China as a favored destination. Trump’s four-year war on the environment hasn’t helped. What we’re left with is lost time and little action. Our planet has reached a breaking point. And thanks to a well-spring of activist investors and an increasingly well-informed consumer class, pressure is mounting for governments and companies alike to drive change or lose favor. In this episode of Inside Asia I speak with two global specialists in the field of ESG. That stands for Environment, Social, and Corporate Governance. It’s catching on – now more than ever – as our dance with disaster draws closer and the private sector being called upon to do more. Iain Donald is U.S. and Canada Country Manager for Control Risks. Silke Goldberg is a Partner with London-based law firm, Herbert Smith Freehills. They joined me in a recent live discussion organized by GetGlobal. If you’re a CEO, CFO or hold any C-suite position within your organization, this episode of Inside Asia is meant for you. Here’s our discussion.
51 minutes | 6 months ago
Money Games: Negotiating Private Equity (w/ Weijian Shan)
When the influence of private capital exceeds that of a sovereign state, it raises an important question: Where does real power reside? Increasingly, it seems, money makes the world go round. At a time when stocks are over-valued, bond yields are flat, and property prices are inflated, private equity is where it’s at. Indeed, since the chaos of the 2008 Global Financial Crises, PE firms have only grown in size and influence. Asia has been a key beneficiary. And China – until recently – has absorbed the lion’s share of private capital. As and when US-China tensions subside, the surge is likely to continue In this week’s episode of Inside Asia, I speak to one of the PE industry giants - Weijian Shan, Chairman and CEO of PAG Group. Shan’s new book, Money Games: The Inside Story of How American Dealmakers Saved Korea’s Most Iconic Bank, is a tale on how deals get done in the convoluted world of big money and big personalities. It’s been over 20 years since Shan and his colleagues at Newbridge Capital landed in Seoul to rescue Korea First Bank, but he tells it like it happened only yesterday. The transaction is epic in both size and circumstance. But it also speaks to the central importance of developing personal trust and accountability to offset fears of xenophobia and big money exploitation. It also speaks to the enormity of PE as a vehicle for rescuing distressed businesses – a point not lost in these pandemic times.
59 minutes | 6 months ago
Contemplating the Future of US-China Relations (w/ Jim McGregor & Craig Allen)
In the run-up to this year’s US Presidential election, the only Asia topic that appears to loom large is China. And during these days, no self-respecting US politician can talk about this rising Superpower without saying something disparaging. Indeed, there’s hardly a businessman, legislator, or policy wonk within the Beltway who has anything positive or hopeful to say about US-China relations. Maybe that’s simply because there’s nothing to be gained politically by doing so. Americans need to blame someone for lost jobs, climate change, and a global pandemic – why not China? It’s a communist country, after all, and Americans are fond of blaming things on communists too. Remove yourself from this political quagmire and step outside of the U.S. and you get a more balanced – dare I say – sophisticated take on China, it’s role in the world, and the existential threat (if any) that it poses to a United States undergoing an identity crises. In this episode, I turn to two of the most thoughtful commentators on US-China relations. Jim McGregor and Craig Allen. Jim is Shanghai-based and a consummate China watcher, author, and a top advisor to US businesses in China. Craig is D.C.-based and President of the US-China Business Council. I had the pleasure of facilitating a hard-driving conversation between the two experts in a recent GetGlobal virtual event. In the course of this 55-minute tria-logue, we covered a lot of territory, challenged one another on some of the more popular US-centric characterizations of China, and contemplated prospects for a more constructive relationship between the two countries under a Biden administration.
52 minutes | 6 months ago
The Economics of Corporate Purpose (w/ Bob Quinn & Anjan Thakor)
2020 has been a headline year, dominated by news of a global pandemic, US elections, Brexit and China’s rise to power. On the business front, Corporate Purpose has emerged as the theme of the year. It comes on the back of an August 2019 statement released by the US-based Business Roundtable, calling into question the primacy of shareholders. For the past 50 years, corporations have operating on the principle that the only responsibility of business is to generate profits for its shareholders. With the world in such a muddle, that core idea is coming into question. If issues like climate change, inequality, and social justice aren’t addressed, there’s growing concern that societies everywhere will come face-to-face with collapse. Corporations – so say pundits – are best positioned to make a difference. Helping companies make that shift so that purpose and profits might co-exist is the work of my two guests this episode. Robert Quinn and Anjan Thakor are US-based professors. Together, they wrote a book entitled: The Economics of Higher Purpose: Eight Counter-intuitive Steps for Creating a Purpose Driven Organization. I spoke with them by phone recently. We touched on the traditional employer-employee contract, the new operating paradigm, and what it takes to bring a purpose agenda to life.
40 minutes | 7 months ago
Japan and the Problem and Promise of Automation
If the world has a problem, technology will solve it. That’s the stance taken by many technologists and industrialists who trust that human innovation – when put to the test - will prevail. It’s the “human” part of the equation, however, that is increasingly in question. In Japan, for instance, where a demographic decline in working age citizens demands automation in order to fill the gap, Covid-19 has given the country further reason to invest in AI, robotics, and machine-learning wherever possible. Elsewhere in the world, where Covid has left millions unemployed, there’s rising concern that companies will pass on human employees in deference to machines. Observing Japan to see how it’s robotic revolution takes hold and impacts people could serve as a bellwether for policy-makers elsewhere. Governments are desperate to rekindle economic growth after Covid’s devastating effects. This means encouraging corporate recovery, while reducing unemployment. In certain sectors – primarily industrial – the two may prove mutually exclusive. To help us understand what’s at stake, I contacted the author of the McKinsey article, Maya Horii. She’s a Partner in McKinsey’s Tokyo office and advisor to both public agencies and private enterprise. We discussed Japan’s unique set of circumstances, its declining workforce, poor productivity, and prospects for displacing human workers with machine-based alternatives.
43 minutes | 7 months ago
Digital Currencies and the China Question (w/ Zennon Kapron)
After living in the shadow of Western-style development for the greater part of the last 200 years, China is in the throes of crafting it’s own vision of what it means to be a modern economic power. That doesn’t always sit well with other countries – and particularly the U.S. – a nation grown accustom to it’s hard-won hegemony. China’s demonstration of its new-found strength is showing up in dozens of ways. Militarily, as in its testing of its territorial rights with India and in the South China Sea. Politically, as reflected in its imposition of new security laws in Hong Kong. And diplomatically, squaring off – as it were – with the US over issues relating to trade and technology transfer. The country is also investing in a series of longer-term strategies to ensure it’s economic and political rebound, in some cases, thinking well ahead of the curve, and ahead of other nations like the US, the UK, and Japan – all mired in their own set of domestic issues. In this week’s episode, we tackle China’a quest to deploy one of the world’s first comprehensive digital currencies. DCEP as the chosen acronym for China’s so-called Digital Currency Electronic Payment platform now under development and primed for piloting. What are digital currencies and why is China so enthusiastically pushing to convert its currency from a cash to a digital equivalent. Here to break it down for us on this episode of Inside Asia is Zennon Kapron, Founder and Director of Kapronasia, a fintech boutique strategy and research firm.
4 minutes | 7 months ago
US Voter Turnout and Americans Abroad
This is Steve Stine from Inside Asia. Just 45 days from today Americans will go to the polls and cast a vote for the next president of the United States. By all counts, this is proving one of the most essential electoral decisions in modern US history. The outcome will fundamentally change the course of America and the reverberations will be felt throughout the world. As Inside Asia listeners, I’m asking one of two things of you: If you’re an American living abroad, please register and vote. If you’re not a US citizen, reach out to your American friends and colleagues and ask them if they plan to vote. If they say “no” or “not sure,” please share with them the following. According to a 2018 Pew Research survey, only 55.7 percent of eligible US voters are registered to vote. By world standards, that’s shockingly low. Among the 32 OECD countries that support free and open elections, the US ranks 26th in terms of voter turnout. Rather than explore any number of socio-political reasons as to why this might be the case, let’s focus on what’s at stake. As a nation, the US – for better or for worse – has imprinted its political, cultural and economic DNA on the world. It’s shaped our current brand of global Capitalism by virtue of its strength, money, and ingenuity. Whether we like it or not, a half-century of US foreign policy has imposed itself on the current world order. Some might disagree, but I’d say the results are mixed at best. Economically, many might be better off today than they were decades ago, but social, political, and environmental strife persist, unabated. As Inside Asia listeners are well aware, the geopolitical balance is shifting. It’s a frustrating moment for a superpower in the throes of change and whether you agree with US leadership efforts or not, it’s impacting the way the world sees the country. While the days of US hegemony are fading, there’s still an important role to be played by a nation that’s left such an indelible imprint. It is, therefore, the responsibility - if not the obligation - of every American – at home and abroad - to exercise his or her inalienable right to vote. This is not a partisan plea. But rather a call to participate in mapping a future for a country at the crossroads. To my fellow American expats and to all those who support a role for America in the world, please don’t miss this chance to leave your mark on history. It’s not too late. Registering and voting from abroad is simple. Not sure how? Here’s a message from votefromabroad.org. For more information, visit www.votefromabroad.org. And as always, we thank you for listening.
33 minutes | 7 months ago
The Future of Food (w/ Isabelle Decitre)
My guest this week is Isabelle Decitre, CEO of Singapore-based ID Capital. She’s a future-of-food advocate, an investor, and convener of food innovators. For many, there’s nothing more all-consuming and enticing than the topic of food. In these maddening times, food offers comfort, conjures up memories, and nurtures the body. Unfortunately, food all over the world, is not what it once was. Whether in pursuit of economic profit, or in a bid to deliver greater variety at lower prices, mass manufactured food has its benefits and its drawbacks. Walk through the aisles of any major grocery shopping chain anywhere in the world and you’re inundated with choice. Variety, you might say, is the hallmark of the world’s leading food and beverage companies. So what’s the problem, you ask? In a word: nutrition. In recent decades, global eating habits have shifted dramatically, enticed by the manufactured tastes and low price points of thousands of sugary, salty, and artificially conjured food products. The health impact is apparent. Obesity, diabetes, and heart disease are modern day ailments that plague populations the world over, perpetuated by our increasingly sedentary lifestyle. Millions of products compete each day for a piece of the consumer pallet. It’s big business with big health and wellness consequences. Listen to the full conversation by visiting us as www.insideasiapodcast.com. As always, we thank you for listening.
34 minutes | 7 months ago
Asia’s Shift in Consumerism (w/ Vaughan Ryan)
This week, we take a hard look at how consumption patterns in Asia have shifted as a result of the global pandemic. With me this episode is Nielsen’s Managing Director of Consumer Intelligence, Vaughan Ryan. I met Vaughan virtually during a recent Singapore Chinese Chamber of Commerce & Industry event where he, I, and others were asked to share our thoughts with the Singapore business community in a session entitled: “Gearing Up for the Next Normal.” Neilsen had just surveyed consumers in the region to see how Asian buying behaviors have morphed in a time of Covid. Now, in the course of our 30 minute conversation, we share these findings with you.
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