A recent article from The Economist describes the renewed emphasis that global businesses have put on and brightest recruits. Business leaders support the “Pareto” philosophy that a very slim portion of the world’s workforce is responsible for the vast majority of actual progress. One influential corporate leader can have more impact on a company’s direction than an entire department of lower-level employees. For this reason, companies such as General Electric (GE) and Procter and Gamble (P&G) have invested disproportionate resources toward finding and keeping “the vital few.” In today’s global economy, an important aspect of developing such prominent leaders includes exposure to international knowledge and opportunities.
globalEDGE Blog - Page 248
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Learn how your company can tap into the Global Marketplace! This year the Commerce Department’s Trade Information Center is offering a series of on the basics of exporting. These webinars have been especially designed to meet the needs of new exporters. There is no fee to participate, although registration is required. Content will include slides, live audio, and question-and-answer sessions.
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Family or career? This has been a tough choice for many. The Dutch might have the answer. Daddy days and job-sharing as well as part-time employment have become quite typical in the . Because of these irregular work hours, many companies do not even have assigned cubicles for their employees. Some examples are Microsoft and the Economics Ministry. Both have moved to what is known as "flex-buildings" which are smaller offices with less work stations than employees.
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In a recent the idea of more and more students taking off a year before college was raised. These students would instead travel, volunteer internationally, and even study fields they are interested in pursuing. After seeing the increase of those engaging in the "gap year" as they call it, it further begs the question "why"?
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‘ is on the rise’ is a statement that we hear all too often. However, China’s growth does not only appear to be benefiting China alone. has been able to use this neighboring country’s growth to benefit its own economy. Vietnam has a lot of appeal for international business and has begun to make a name for itself through China's success.
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Can environmentally conscious consumers convince businesses to develop sustainable practices, or must government regulations force their hand? According to United Nations officials such as Christiana Figueres, the executive secretary of the , governments cannot be responsive enough to quickly alter the negative impacts of human actions on the environment. As government, business, and academic leaders recently met at the CNN debate in Cancun, , many people are asking which organizations are best suited to lead the fight against global warming.
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Ahh Silicon Valley – a beautiful 50-mile strip located right on San Francisco Bay between San Francisco and San Jose. It's home to innumerous technology companies including global chip heavyweights Intel and AMD. Silicon Valley used to be the go to place to start a new chip company however startups are starting to attract less funding and much of the development can now be done in China.
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There are many markets for U.S. goods in the Middle East and North Africa but the largest single market happens to be relatively new. Formed in the 1970s, the is the largest single market for U.S. goods in the region and the 19th largest market globally. The United Arab Emirates is a federation composed of seven states located on the Arabian peninsula. As new, large-scale infrastructure projects continue to develop, this market will remain a prominent source of opportunities for exporters.
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London has always been well-known internationally for its historical and cultural importance. In recent years the city has also developed into a significant force in the . Innovative businesses were completely absent from London’s economy back in the year 2000, but the roughly 100 in east London have received international attention for their significant contributions to global business. While far from reaching the level of California’s Silicon Valley, the so-called “Silicon Roundabout” is joining cities such as Boston and Tel Aviv in the second-tier of global innovative centers.
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If you wanted to start a business anywhere in the world where would you pick? According to a Wall Street Journal article, the best place would be . The article talks about a collection of surveys that show a glimpse of entrepreneurship around the world and the factors that might help your next business make it in the global marketplace.