The Dialogue focused on addressing the challenges and opportunities that both countries face on a wide range of bilateral, regional and global areas of immediate and long-term strategic and economic interests. This first meeting of the Dialogue also set the stage for intensive, ongoing and future bilateral cooperative mechanisms.Learn more here.
Friday, July 31, 2009
And your biggest client can be local or global.
Thursday, July 30, 2009
He knows a thing or two about global marketing. Check out his site.
Wednesday, July 29, 2009
The organization has been helping exporters of midwestern food and agricultural products sell their products overseas since 1969, when it was first created as a cooperative effort between 12 midwestern state agricultural promotion agencies and the United States Department of Agriculture’s Foreign Agricultural Service (FAS -- excellent resource).
If you are not familiar with the Food Export Association, you should be. Overlook the notion that you may not be based in Midwest, U.S.A. for you can still learn a lot about producing, selling, buying and marketing food products by visiting the website and downloading a couple of past Global Food Marketing newsletters (PDF files). Here are a few:
Tuesday, July 28, 2009
1. Ensure a clear understanding of local principles, customs and barriers.As the article states, India presents many opportunities to U.S. manufacturers, but just as many operational challenges.
2. Establish constant communication. India's communications infrastructure is still inadequate for global companies doing business there.
3. Develop comprehensive procedures and processes.
4. Ensure the quality of input information.
5. Identify and integrate the right professionals and insist on teamwork.
Read more here.
Monday, July 27, 2009
Find out here.
Saturday, July 25, 2009
Friday, July 24, 2009
Business Resilience Weathering Economic Storms
Thursday, July 23, 2009
To this end, APEC members should follow three guidelines for trade policy:
Do no more harm to the global trading system through damaging tariffs or subsidies; help world trade recover by accelerating and broadening the Doha Round trade negotiations; and complement Doha with APEC initiatives on trade, the environment, and regional economic integration.Read more here.
Wednesday, July 22, 2009
Of all the trends we followed before the crisis, globalization seemed the most secure. Today, however, big and important question marks hang over some aspects of global economic integration.See what the verdict is here.
Chart provided by co-author Eric Beinhocker; source is World Bank
Tuesday, July 21, 2009
Alan's an amazing guy. He called on Friday to thank me for saying such nice things about him and "Rules of Thumb." I'm not sure why he did that other than being super-generous. On my part, it's easy to speak the truth.
I wonder: If every Global Small Business Blog reader bought this book, would we be able to move it on to the best-seller list where it belongs?
Go buy it now.
Monday, July 20, 2009
We thank you for your readership. It means the world to us! And we will continue to provide you with practical and relevant information to help you take your business global. Comment whenever you like. We love hearing from you. It keeps us on our toes.
Our first blog post: July 20, 2004
Celebrate with us ... Happy 5th Birthday to The Global Small Business Blog!
Friday, July 17, 2009
Then you should take a look at Alibaba's (microsite here) Newpreneur of the Year program which affords you a chance to take home a share of $100,000 in business grants.
It's simple: share your story in a short essay on why you should be the Newpreneur of the Year; join Alibaba for an inspiring discussion and dialogue among experts (e.g, Tom Peters) and peers and celebrate the excitement around entrepreneurship. Top Grant=$50,000, Second Grant=$25,000. Third Grant=$15,000 and two Fourth Grants=$5,000.Alibaba (China-based) claims it is the world's largest online B2B marketplace.
Deadline for the contest: August 14, 2009.
Thursday, July 16, 2009
Wednesday, July 15, 2009
I also bring to the fore two other perspectives on the situation, my own with "A Business Carol," and that of Dr. Vijay Govindarajan, a professor of international business at the Tuck School of Business at Dartmouth College, with his view on business strategy.
A very different twist on things. See what you think. If you "get it," click on the Found It Useful button.
And by the way, I notice the OPEN Forum by American Express OPEN is officially launching to the world in 2 days. Be sure to pay a visit. Lots of good information for global entrepreneurs and business owners.
Tuesday, July 14, 2009
The report details the economic impact of ICT as well as key factors for maintaining its equilibrium, resilience and innovation.
Download the report
Also, you might check out the World Economic Forum's Global Enabling Trade Report too.
Monday, July 13, 2009
U.S. exports grew in May, while imports fell, helping to narrow the trade deficit to its lowest level in nearly nine years. The report prompted economists to revise up their estimates of second-quarter gross domestic product. Some even suggested the economy might have grown slightly in the second quarter.Read all about it here.
Graph source: Thomson Reuters
Saturday, July 11, 2009
Friday, July 10, 2009
1. Do you think the economy is resetting?
2. So how important is it for companies at this point in the economic cycle to be preparing for recovery?
3. With things so volatile, how can anyone presume to know what's around the corner?
4. When do you think we'll see job creation again?
5. What are you doing at Eaton to reset your game plan?
6. Which of your businesses have fared best and which have fared worst in the recession?
7. I'm hearing a lot of multinational CEOs complain about President Obama's proposed tax on foreign profits. What are your thoughts?
8. Are there any positives that have come out of this reset?
Worth a read to find out what's on Alexander's mind.
Inside a Company Resetting for Recovery
Thursday, July 09, 2009
What's in it for you? Plenty. How will you find out? By a visit. Pull up a chair here.
Wednesday, July 08, 2009
If you know of companies run by entrepreneurs age 25 or younger, nominate them here.
They’re looking for ventures that are fully operational – not just idea stage – and all of the founders must be 25 or under at the time of nomination. Goal: To identify companies that both demonstrate a clear potential for growth and establish the talent of the young folks behind them.
Feel free to nominate more than one company, and there’s no need to submit the same firm more than once.
Go for it!
In her opening statement (PDF), Committee Chair Senator May Landrieu (D.-La.) noted that in 2008, $70 billion in exports maintained or created 600,000 high-paying jobs, and that small businesses make up nearly 97% of exporters nationwide. However, she went on to say, “while most of our exporters are small businesses, most of our small businesses are not exporting. In fact, small businesses make up just more than a quarter of the country’s export volume; trade remains dominated by larger businesses. What’s holding our entrepreneurs back?”You tell me.
Tuesday, July 07, 2009
If you have one of the coolest designs for a small business site, then apply for the first in a series of awards for website design at Websites.com (sponsored by Verio).
Be brilliant. Apply for the award.
(Full disclosure: Verio is a Global TradeSource, Ltd. client.)
Monday, July 06, 2009
Landrieu also said, "exporting has become a practical solution for small businesses looking to survive and grow."Read more about how the Small Business Administration has two key programs designed to help small businesses that export. Go here.
Saturday, July 04, 2009
Friday, July 03, 2009
Over the past year, many of the world's best-known luxury labels have started to introduce eco-friendly products, snap up brands that tout their social responsibility and weave environmental themes into their advertising and marketing.Are you looking into the validity of global small business environmental and social responsibility efforts?
Maybe you should. Read more here.
Note: Image button can be found here (no affiliation).
Thursday, July 02, 2009
The visit, one sweltering morning last week, was part of a 10-day "immersion" tour of China for Ms. Nooyi, who is seeking to strengthen the Purchase, N.Y., company's business in emerging markets. "I wanted to look at how people live, how they eat, what the growth possibilities are," she said in an interview Tuesday in Beijing. What she has seen has persuaded her that PepsiCo's approach to the Chinese market "is good, but not good enough. The opportunities are so much bigger." The company's "model for China has to be vastly different."Read the entire article: "Pepsi CEO Tours China To Get a Feel for Market."
And one of the final points made in the article by Ms. Nooyi is right in line with our Top 10 Global Trends For Small Businesses For 2009 report published January 21st (refer to No. 1: "Disruptive innovation will be both the coolest and hottest new growth strategy in 2009 because it will transcend all boundaries and transform businesses" -- quote by Laurel Delaney) is this:
Ms. Nooyi challenged her China team to come up with ideas for products that cater to China's large older population. She also called for more in-depth research into women who, in China, are likely juggling work and motherhood and making the key day-to-day consumption decisions for households. She says she's calling on her executives to think "differently and disruptively," encouraging them to look beyond the company's traditional businesses in China.Are you thinking differently and causing a little innovative disruption at your company?
Wednesday, July 01, 2009
Since 2003, the company has grown from a small, family-owned business with $10 million in annual revenue and 90 full-time employees into a 1,200-employee operation with first-quarter revenue this year of $50.3 million.Rosetta Stone’s shares have recently traded above $27 (shares went out initially above the estimated range of $15 to $17 and raising $112.5 million). The wildly successful offering sent a message of good news worldwide for privately owned companies.
Did Tom Adams take a calculated risk? Find out here where Lora Kolodny with The New York Times recently spoke with Mr. Adams about his decision.
Original entry about about Rosetta Stone and its interest to grow global can be found here (4/23/09).