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Read the entire article:
Creating a Smart Export Strategy
Related posts:
The Regional Slice of Your Global Strategy (2/4/06)
Redefining Global Strategy (8/17/07)
Posted by: The Global Small Business Blog
The Definitive Blog for Entrepreneurs and Small Businesses
Interested in Going Global
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©Laurel Delaney |
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"More than 90 per cent of businesses in Dubai are SMEs and so their success and performance is vital to the overall health of Dubai’s economy," says Dr. Belaid Rettab, Senior Director, Economic Research and Sustainable Business Development.Read more about the top Dubai export honors here.
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... even organizations that are not operating globally today said that they expect to have a global marketing communications function in the future,” said Francine Robbens, PRGN president and partner at Brussels-based PRP-Public Relations Partners. “Communications professionals see clear benefits in fostering global relationships.”Read the entire news piece: Marketing Executives Going Global: Survey
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... it was during the international publicity tour for “Cars” that the director first imagined his car-cast in a global setting. Lasseter says he took in the mayhem of international locales like Tokyo and Paris laughed to himself thinking, “what would Mater do?” “The story of ‘Cars 2′ was sparked by the idea of taking Lightning McQueen and Mater overseas,” says Lasseter. “Lighting McQueen is invited to compete in the World Grand Prix to race against the fastest cars in the world in three fantastic locations: Japan (shown above), Italy and the U.K. Of course Mater, who has never left Radiator Springs, is completely out of place in these distinctive cultures, which leads to hilarious comedic moments.”
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It sold niche products such as small refrigerators to college students and wine cellars, and opened manufacturing plants in the U.S. and elsewhere to bring production centers closer to priority consumer markets. Haier has distinguished itself among Chinese companies in efforts to build a global brand.Understanding the demands of customers in global markets is just one of the many challenges Chinese companies face in light of increased global competition and operating in a fast, interconnected world.
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Companies should develop what moderator and paid Content Executive Editor Ernie Sander called “the inverse of a disaster plan:" Track the numbers and be ready if your product hits it big globally. “A lot of companies aren’t ready and when it happens they can’t take advantage of that momentum. They collapse,” said Jones—that hasn’t happened at Zynga because they tracked usage data closely and had plans in place.As I said, a bit confusing but there are a couple of insights that are worth searching for.
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... there’s a big problem with that growth strategy: operating margins are significantly worse internationally then they are in the U.S. In this quarter, U.S. operating margins came in at 7.42%, versus 3.93% for international operating margins. And after taking out currency effects, international operating income fell 3.3% year over year.The lesson for global small businesses: Monitor your operating margins country to country. You may not be the size of Wal-Mart yet this is a common problem for any sized business operating internationally. Keep your profits strong and healthy worldwide.
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©Laurel Delaney. All rights reserved. |
©Laurel Delaney. All rights reserved. |
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The purpose of the PSGE program is to expose students to the topics of entrepreneurship, globalization, team building, project management, leadership and working within a culturally diverse environment and to ignite the students’ spirit of creativity, innovation and learning.This makes me so happy to see! The notion of getting people interested in entrepreneurship and globalization at a young age is fantastic.
The program is open to all current high school sophomores and juniors (ages 15-18). Application to PSGE is a competitive process. The selection committee evaluates each application individually, and looks for evidence of academic ability, leadership, entrepreneurship, and community service. Students of any nationality are welcome to apply. To date, the program has had participation from international students representing Afghanistan, Antigua Barbuda, Argentina, Australia, Belarus, Brazil, Bulgaria, Canada, China, Columbia, Czech Republic, Denmark, England, Germany, Ghana, Greece, Guatemala, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Jordan, Kazakhstan, Korea, Kuwait, Malaysia, Mexico, Moldova, Netherlands, Palestine, Panama, Peru, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Switzerland, Turkey, Ukraine, Vietnam, and Zimbabwe.Get involved! Learn more here.
©Laurel Delaney. All rights reserved. |
©Laurel Delaney. All rights reserved. |
©Laurel Delaney. All rights reserved. |
She bakes cupcakes from scratch in every imaginable flavor and size from her small bakery ...Find out how she can increase sales and profitability so her business doesn’t shrivel up and even take her business to a whole new level (global).
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High tariffs can stagnate an otherwise ripe market. There is no better example than the tariff on pistachios in India, which, until this year, carried one of the highest pistachio tariffs in the world at just over 30 percent.What happened?
Ultimately the combination of commercial and governmental advocacy, diplomatic efforts, and an India-focused approach paid off, and nearly two months ago Indian leadership reduced the tariff on pistachios from 30 percent to 10 percent. This news resulted in tremendous excitement ...Read more here.
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... economic growth is not driven by these “necessity” entrepreneurs, who decrease in number as the economy develops. The key to fostering growth is to support “opportunity” entrepreneurs, who choose to start new enterprises in response to market needs.Read this intriguing article, "Does Entrepreneurship Drive Economic Growth? - Megacities - Opportunities at Urban Edges" published by Forbes.
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... a tradition of bettering oneself and one's family while improving the lot of society.In other words, entrepreneurship.
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What do Fairfax, Kansas and Hamtramck, Michigan, and Jingjao, China have in common with Bupyeong, South Korea? All four sites will be responsible for building the 2013 Chevrolet Malibu, although the Korean facility will be the first to assemble the all-new sedan.Read all about it here.
Note: Bupyeong-gu is one of the ten administrative divisions (eight wards and two counties) that comprise Incheon, South Korea. Bupyeong-gu comprises an area of 12.35 square miles (31.98 square km), and has a population of 553,961
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While the quarterly survey, conducted by Angus Reid for UPS Canada, shows "high level of optimism" about Canada's international competitiveness, 27 per cent of respondents have never considered exporting, believing that there's no market outside the country for their products, while 20 per cent don't believe they can compete with countries such as China, India and Brazil.Learn more here. Press release here.
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According to China Macro Finance, a research firm in New York, the number of registered private businesses grew by more than 30% a year between 2000 and 2009 (see chart above). The gross figure (ie, before netting off firms that closed) was at least seven percentage points higher, estimates Ronald Schramm, China Macro Finance’s managing director.Read the entire article here.