Saturday, December 30, 2017

Friday, December 29, 2017

See What's Poppin' from Laurel Delaney on Global Trade Trends to Watch in 2018

Passengers on the newly revamped Carnival Regal Princess won’t be greeted by fancy new restaurants, glorious swimming pools or the usual activities — but will instead walk around a deck, app in hand, as options for entertainment shift based on where they stand, says Laurel Delaney.
Welcome to the future on how things get done. This, along with a handful of other game-changing technology advancements, are white hot global trade trends that will influence global trade activities and business in general.
Take a look at areas where you need to jump into to capitalize on your business opportunities.  Here are 7 global trade trends to watch in 2018.

Thursday, December 28, 2017

Business to Business (B2B) Exchanges

If you are looking for online platforms where you can buy and sell products, look no further.  From Ofweek to Zoodel to MakersRow, here are 20 leading global B2B exchanges.

Wednesday, December 27, 2017

Build a Roadmap for Global Business Reach

According to an Accenture report, Artificial Intelligence (AI) could add $957 billion to the Indian economy by changing the nature of work to create better outcomes for businesses and society. For SMEs, that means they will be able to perform better.

To help SMEs, global cloud-based business software provider Deskera is offering an integrated suite comprising ERP, CRM, Material Requirements Planning (MRP), Project management (PM) and HRMS.
"These applications can be accessed from any Internet-enabled device, encouraging SMEs to move out of premise-based system and build a roadmap for global business reach," [Shashank] Dixit [Founder and CEO, Deskera] said.
Read more about how companies are expanding their India footprint.

Tuesday, December 26, 2017

There Is a Bigger Market Out There: Global

Matrade CEO Dr. Mohd Shahreen Zainooreen Madros says small businesses cannot afford to remain local. More and more foreign companies are making their way into Malaysia and are quickly crowding out the local market.  “There is a bigger market out there,” he says.

Competition has intensified as companies find that they are no longer limited to just the market in which they are based in.

As such, the world can become your market.

Read more about enabling exports for SMEs.

Monday, December 25, 2017

Friday, December 22, 2017

Global Small Business Owners Must be Flexible and Adaptable

Flexibility and adaptability are characteristics Janet Zablock often observed in the small business owners she served as former head of global small business for Visa. It also described her own career, one that required her to reinvent herself several times.

What she learned offers lessons both for those trying to grow a global business, as well as those building their careers.

Read more about how Zablock went from shampooing hair to running small business for Visa.

Thursday, December 21, 2017

The Huge Power of FANGs

Rana Foroohar, in the Financial Times, cites the McKinsey Global Institute in writing of “the huge power of the Fangs—Facebook, Amazon, Netflix, and Google—which now dominate not just the digital business, but the entire economy.”
“Eighty percent of corporate wealth now resides in 10 percent of companies rich in intellectual property, of which the platform companies are the richest.”
And, what is it that these companies control?
The currency of the digital age -- data.

Wednesday, December 20, 2017

Building Empathy Across Borders

When founder Ricardo Poupada was asked, "What do you think is the next big trend in technology and how will it impact the way we work?"  Here's what he said.
I’m a bit biased given my work, but I believe that VR has the potential to fundamentally change how we work in the business-to-business arena because it can help build empathy across borders and time zones, which is increasingly how the world of business is moving.

And be sure to catch Laurel Delaney's Global Trade Trends Report 2018 on January 10 (no charge WEGGinar™ but you must register to attend), which talks about the importance of understanding and using VR to grow your business global.

Tuesday, December 19, 2017

International Expansion Is Necessary for Long-Term Growth

Despite the growing number of U.S. companies expanding abroad, there are still many firms that haven’t made the leap overseas.  International expansion is necessary for long-term growth.  If you’re on the fence about taking your company global, consider these five benefits of international business expansion.

The first one is to consider new markets outside your home country. Beyond that, look at diversification, access to talent, competitive advantages and foreign investment opportunities.

Monday, December 18, 2017

Today in Global Small Business: Due to Sanctions, Santa May Have Trouble Delivering His Presents This Christmas

What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, December 16, 2017

Friday, December 15, 2017

The World is On the Cusp of a New Digital Economy

With the world on the cusp of a new digital economy in which e-commerce and automation will transform production, trade, investment patterns – as well as helping meet the Sustainable Development Goals (SDGs) –the need for new policies to be adopted is clear.
“The gains of digitalization are not automatic and there will be major challenges for countries, enterprises and people to adapt, but we must start somewhere,” UNCTAD Secretary-General Mukhisa Kituyi said.
Digitalization is creating new ways for small businesses and women entrepreneurs to reach new markets worldwide.

Read more about global e-commerce policy work -- an effort that must never be given up.

Thursday, December 14, 2017

The Gig Economy

The freelance marketplace makes it easy for small business owners to save on administrative and overhead costs while also growing a business global.
Modeled after traditional e-commerce websites, freelancer marketplaces allow specialized professionals such as graphic designers, app developers, SEO consultants and social media marketers to offer their services to small businesses for a fee.
What are you waiting for?

Learn more about how you can grow your business global via the gig economy.

Wednesday, December 13, 2017

E-Commerce: The Rise of Online Shopping

E-commerce sales worldwide hit an estimated $25.3 trillion in 2015 and have grown since.
The internet makes buyers and sellers more visible and accessible to each other locally and globally. The international bit is really interesting. The opportunity to connect quickly and efficiently to multiple markets can be a boon for smaller businesses and a great attraction for consumers. Without e-commerce, establishing a physical presence in multiple markets can be costly, while consumer demand might also not always be clear.
Read about the five (5) ways to make global e-commerce easier for everyone.

Monday, December 11, 2017

Today in Global Small Business: What's the Difference Between a Startup and a Small Business?

What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, December 09, 2017


©2016 Laurel J. Delaney.  All rights reserved.
The Walnut Room at Macy's on State Street (2016), Chicago, Illinois, USA.

Friday, December 08, 2017

A New Phase of Globalization and It is Not Slowing

Globalization is not slowing, and according to a new joint report (PDF) by Business of Fashion and McKinsey & Company. “On the contrary,” it says, “we are entering a new phase of globalisation, driven by digital connectivity and the flow of data, and this will lead to much greater global connectedness, not less.”

Read more about how national borders cannot contain the new phase of global connection.

Thursday, December 07, 2017

The World Is Yours™

Eight (8) successful business owners talk about how they went global in 2017.  Here's one:

3. Know what you want, be flexible, and accept change

Robert Anderson, founder, Expert Remedies:

“When I first heard the axiom ‘success consists of a series of small daily victories,’ I wasn’t sure what it meant. Now I know. It’s an essential principle of global expansion. Small daily victories mean getting essential operational details done correctly — step by step. Success happens when you have a viable idea — to be verified by the market — coupled by logical, intelligent execution.

Also key: the business you envision will rarely be the same as how it turns out.

Be flexible and accept change. Use it to your advantage. The market is ruthless, and it may be at odds with what you first think — so be careful. The TV show Secret Lives of the Super Rich might make it all seem so easy, achievable within a month. Don’t fall for it.

You can make it, it just takes unending persistence and a clear vision knowing what you want — and being flexible enough on how you get it. Who knows, maybe I’ll see you on TV one day.”

Read more about global expansion: 8 tips from successful business owners on how they went global in 2017.

(The World Is Yours™, GSBB Media LLC)

Wednesday, December 06, 2017

Learning About Diversity and Inclusion to Create a Workplace that Works

©iStock/Jacob Ammentorp Lund
What is diversity and inclusion?  Why is it important?  How does bias play into diversity and inclusion?  How can you create a more diverse and inclusive organization?

All these questions will be answered by attending the Women Entrepreneurs GROW Global WEGGinar™, December 6 at 11:00 a.m. Central Time, on “Harnessing the Power of Diversity and Inclusion: Creating a Workplace that Works,” presented by Joselyn DiPetta, Google; and Managing Partner, Present Possibility.

Ms. DiPetta will give you a deeper understanding of why diversity and inclusion are critical to successful and sustainable business outcomes, and about unconscious bias in the workplace and the importance of addressing it.

It’s FREE, thanks to the generous support of our sponsors: UPS, IBM and B•A•L – go here to register:  I'll be fielding the questions at the end of the presentation.  See you there.

Tuesday, December 05, 2017

SMEs: The Lifeblood of Global Economies

Entrepreneur India caught up with the representatives of three different countries on the sidelines of the World Association for Small and Medium Enterprises (WASME), 21st International Conference on Small and Medium Enterprises to know how each country is contributing to a global value chain and how a collaboration with Indian SMEs could further enhance development.

Here's what came out of it.

Read more about how business across borders and global collaboration can help in the growth of small businesses.

One more thing ... learn about SMEs, the lifeblood of global economies.

Monday, December 04, 2017

Today in Global Small Business: Best Small Business in America

What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, December 02, 2017

Irish Pub Grub, Booze and Live Music at Celtic Knot

©2017 Laurel J. Delaney.  All rights reserved.
Celtic Knot Public House:  Boisterous saloon featuring Irish pub grub, booze, holiday decorations and live music in comfortable surroundings in Evanston, Illinois.

Friday, December 01, 2017

Go Global or Die

This eleven-year old article on going global is still relevant to our times.
In her manifesto, "Global Guru:  Shaking Things Up.  Making Things Happen," Chicago-based Laurel Delaney, founder and CEO of writes, "In the future, there will be two kinds of enterprises:  those that go global and those that die."
Read about propelling your business into the global marketplace.