Check out this excellent video synopsis of the new book, "Globality," by Harold Sirkin, James Hemerling, and Arindam Bhattacharya. The subtitle, "competing with everyone from everywhere for everything," gives you a good clue about how the book views the future of global business. The bottom line is that western businesses must adapt in order to stay relevant globally, because there are lots of challengers from emerging markets that are changing the rules of the game.
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A recent article in Global By Design discusses the possibility of . This would mean that a business opened in a various city could possibly have the domain name of that city. For example, a small business that opened in Tokyo, could take the domain name, “smallbusiness.JP” or “smallbusiness.TYO” This could be quite beneficial for global businesses trying to create more distinction with respect to their web brands.
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I am a huge fan of pretty much everything that publishes. They are always on the cutting edge, whether the topic is public affairs, business, or even culture and design. Recently they partnered with to produce a on the business climate in different sectors and countries around the world. So far the topics have been: Doha, Boston, UK Creative Sector, UK Motorsport, London, São Paulo, Guangzhou, and Sofia.
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At the Mobile World Congress gathering in Barcelona, , communication giant executives discussed the future of the telecommunications industry in light of a global economic recession. Their conclusion? On the whole, things aren’t slowing down. In fact, handset-making juggernaut Nokia, based in , plans to increase its investment in what has traditionally been a poor market. Is Nokia the exception?
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You may know that Michigan State University (this blog is managed by MSU's international business center) is known for its excellence in Supply Chain. As a result, we here even dream in Six Sigma! And an error rate of 1 in 6 million is a dream come true! Watch a short video about the "dabbawalas" in Mumbai and the near perfect lunch delivery service they provide:
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One of the blogs I regularly read, , recently put together a great post on the concept of in business. They include links to several different articles on variations of the topic, but the one that I found most relevant was from Deloitte, called . The article outlines hidden risks that firms can easily overlook before expanding internationally, and how with due diligence you can identify and neutralize those risks.
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It is a fact that the world is in a financial crisis. It is a fact that many are losing jobs; that many have lost money; and many more will find themselves having to pay back loans that they do not have the money for. Every one knows that, but what are we doing about it? It is time for the world to look into some positives about the financial crisis because pointing out the negatives is not helping out anyone.
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We wanted to let you know about a free global virtual seminar on business strategies for & and how to leverage these economies for global advantage. This webinar is organized by (India, China and America) Institute, a non-profit research institute working to foster research and dissemination of knowledge on the rise of China and India and their impact on global markets, global resources and geopolitics of the world.
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Did you know that the phrase “part two” carries a sexual connotation in ? Neither did Roger Gussiaas, which is why some people left in the middle of a conversation he was having while he was in France. His cultural gaffe encouraged him to attend an international business workshop in Fargo, The event, coordinated by the Northern Crops Institute, sought to educate business owners such as Gussiaas on the ins-and-outs of etiquette when conducting business overseas.
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Microfinance institutions such as Grameen Bank have been tremendously successful in granting impoverished entrepreneurs access to small amounts of capital. The ability of these loans to improve the lives of their recipients made them a humanitarian success, while the incredible payback rates have made them a financial success.