Saturday, March 30, 2024

Have My Past Forgiven

©iStock/Viadi333
"The Bible tells us that Jesus Christ came to do three things. He came to have my past forgiven, you get a purpose for living and a home in Heaven." – Rick Warren 

Friday, March 29, 2024

AI Is Transforming the Global Business Landscape

©iStock/Shutter2U
A discussion on the transformative impact of Artificial Intelligence (AI) on the global business landscape, highlighting how AI-driven strategies are revolutionizing industries worldwide.

Join the Atlantic Council for a dynamic discussion hosted by the WIn Fellowship, part of the Atlantic Council’s empowerME initiative, on April 25 from 1:00 p.m. (ET) to 2:00 p.m., at the Atlantic Council and virtually via Zoom.

The expert panel will dive into the transformative impact of Artificial Intelligence (AI) on the global business landscape, highlighting how AI-driven strategies are revolutionizing industries worldwide.

Thursday, March 28, 2024

Why Did the Francis Scott Key Bridge Collapse So Catastrophically?

©iStock/WilliamSherman
When the loaded container ship Dali destroyed one of the Francis Scott Key Bridge's main support columns (see photo), the entire structure was doomed to fail. 

"Any bridge would have been in serious danger from a collision like this," said Nii Attoh-Okine, professor and chair of civil and environmental engineering at the University of Maryland.
Bridges work by transferring the load they carry ‒ cars, trucks or trains ‒ through their support beams onto columns or piles sunk deep into the ground. But they also depend on those support columns to hold them up.
Opened in 1977, the bridge was 1.6 miles long and was the world's third-longest continuous-truss bridge span, carrying about 31,000 vehicles a day.

Read more about the long-term impact the collapse will have on shipping and vehicle traffic all along the East Coast.

Wednesday, March 27, 2024

Top Global Artificial Intelligence Markets Outside the United States

©iStock/Jian Fan
Artificial Intelligence is a top emerging technology with applications across industries and implications for our society. It has been reshaping the global economy and national security.

The global AI industry is thriving. In 2021 (latest report), AI global funding doubled to $66.8 billion, and a record 65 AI companies reached $1B+ valuations, up 442% from the previous year. Each year, more and more companies and governments worldwide adopt AI solutions. 

The report below presents a brief overview of top AI global hubs outside the United States. Each country includes an AI ecosystem overview, government incentives & policies, education & research institutions, leading events, and industry groups. The initial markets for this report were selected based on global rankings, the highest number of AI companies concentrated there, venture capital, and related research institutions.

Read the Artificial Intelligence Report.

Tuesday, March 26, 2024

Red Flags On Export Controls and Economic Sanctions

©iStock/Suphanat Khumsap
Export controls and economics sanction compliance is a key part of any multinational’s international regulatory risk management. The U.S. government has prioritized enforcement of export controls and economic sanctions laws and regulations, and penalties in individual enforcement actions can reach the hundreds of millions or even billions of dollars.

Educating relevant personnel regarding export controls and economic sanctions red flags is important for numerous reasons.  Here are six (6) from Foley & Lardner.

Monday, March 25, 2024

Today in Global Small Business: The Weather in Your Language

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

Saturday, March 23, 2024

Every Type of Dubiousness

©2024 Laurel J. Delaney.  All rights reserved.
“A facade of skyscrapers facing a lake and behind the facade [Chicago], every type of dubiousness.” – E.M. Forster 

Friday, March 22, 2024

Oh, Be Happy, That is, If You Live in Finland

©iStock/ASphotowed
The World Happiness Report draws on global survey data from people in more than 140 countries. Countries are ranked on happiness based on their average life evaluations over the three preceding years, in this case 2021 to 2023.

The report is a partnership of Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network and an editorial board.  It is the first to include separate rankings by age group, and it brings bad news about life satisfaction among young people in some parts of the world.

Finland is once again the world’s happiest country.

Thursday, March 21, 2024

Congrats to Debra Dudley, Recipient of the Gail Adinamis wegg® Award for Global Exemplary Leadership® 2024!

©2024 Women Entrepreneurs Grow Global®.  All rights reserved.
There are woman business owners and then there are global women business owners.  Congratulations to Debra Dudley, Founder, Oscarware, Inc. for receiving the Gail Adinamis wegg® Award for Global Exemplary Leadership® 2024!

Read on to discover what the award is about and why Debra earned it.

Wednesday, March 20, 2024

Are Products Sold On Temu Made With Forced Labor?

©iStock/zhaojiankang
Temu, a Chinese-owned e-commerce company, selling everything from clothes to electronics and furniture, first launched in the US in 2022 and later in the UK and the rest of the world.  In case you missed it, they also did six 30-second commercials during this year's Super Bowl that pulled in a record 123 million Americans.  That's the good news.

The bad news:

The shopping giant has been criticized by politicians in the UK and US - a US government investigation finding an "extremely high risk" that products sold on Temu could have been made with forced labor.

Temu says it "strictly prohibits" the use of forced, penal, or child labor by all its merchants.

Read more here how Temu is shaking up the world of online shopping. Check out its history here – from the Cayman Islands to Dublin.

Tuesday, March 19, 2024

The Opportunities and Challenges of Hiring Internationally for SMBs

©iStock/Ca-ssis
With the rise of entrepreneurship, the need for SMBs to manage their costs, and a talent shortage in the U.S., international hiring will continue growing at an accelerated pace. Access to international talent will become increasingly important for U.S. SMBs’ success – and so will their need for tools and processes that make it easier for their global teams to collaborate.

Discover the top reasons SMBs hire internationally.

Monday, March 18, 2024

Today in Global Small Business: Why Are the Houthis Attacking the Red Sea Ships?

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

  • Why are the Houthis attacking the Red Sea ships.
  • The Red Sea shipping crisis:  lessons for importers.
  • The impacts of the Red Sea crisis.
  • Quote of the week:  "What’s happened right now is short-term chaos, and chaos leads to increased costs,” says Ryan Petersen, CEO of the supply chain management company Flexport. “Every ship that gets rerouted has 10,000 containers on it.  It’s a lot of emails and phone calls getting made to replan each of those container journeys.”
  • Many companies are impacted by the Red Sea conflict, including the arts.
  • How the shipping industry is dealing with the tensions in the Red Sea.

Saturday, March 16, 2024

The Irish Emit a Kind of Happiness, a Joy

©2024 Laurel J. Delaney.  All rights reserved.
"Even when they have nothing, the Irish emit a kind of happiness, a joy." —Fiona Shaw [Happy St. Patrick's Day 2024!  Photo of Grace O'Malley's.]

Friday, March 15, 2024

Say Hello to Sora, the Next AI Game Changer

©iStock/tiratus phaesuwan
OpenAI has introduced new technology – Sora – that uses artificial intelligence to create high-quality videos from text descriptions. 

The company released short clips showcasing vivid, seemingly realistic videos, including woolly mammoths trekking across a snowy field, ocean waves crashing against a cliff’s shoreline and people doing everyday things like reading a book or walking down a city street.

You heard it here second.  The Wall Street Journal reported it first.

Thursday, March 14, 2024

Tmall Global: Serving 100 Million Customers in a Decade

©iStock/Adriana Montoya
Tmall Global’s cross-border goods are stocked in warehouses in China’s biggest cities, making next-day delivery possible for over half of its orders. 

What is Tmall Global?  Alibaba Group’s Tmall Global has built a cross-border platform serving over 100 million customers in the last ten years – helping brands from British beauty devices brand CurrentBody to Australian health products producer Blackmores reach China’s consumers. 

Take a look at their major milestones from launch to running China’s largest platform for imported goods.  You'll also spot quite a few familiar American faces selling their wares through Tmall Global.

Tuesday, March 12, 2024

The Potential of AI and Large Language Models (LLMs) For Global Growth

©iStock/metamorworks
From a global standpoint, almost three-quarters (73 percent) of business leaders are excited by the potential of AI and large language models (LLMs) for business expansion—and this excitement is well-warranted. AI and LLMs are going to enable global growth in a way never before seen.

Learn more how AI will shape global business expansion in 2024 and the top 4 trends to watch.

Monday, March 11, 2024

Today in Global Small Business: Accelerating Women's Economic Empowerment

©iStock/Media Lens King
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, March 09, 2024

The Irish

©2019 Laurel J. Delaney.  All rights reserved.
"There are two kinds of people in the world:  the Irish and those who wish they were." – Irish Saying

Friday, March 08, 2024

Saluting All Women Worldwide For Their Enormous Achievements

©iStock/PeterSnow
"The most important thing one woman can do for another is to illuminate and expand her sense of actual possibilities." – Adrienne Rich

Thursday, March 07, 2024

How to Successfully Navigate International Growth

©iStock/liuzishan
Businesses are increasingly considering international expansion as a key avenue for growth. However, navigating unfamiliar territories can be a daunting task for those venturing into new markets for the first time. 

Eighteen Newsweek expert forum members share tips for how businesses can successfully navigate international growth. By prioritizing research and building strong local connections, business leaders can engage with new audiences with confidence.

Wednesday, March 06, 2024

For the Product Creators and Global Traders the World

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Six (6) interesting resources that I [Laurel Delaney] write about for businesses operating in the global marketplace.  Mainly for those who are sourcing and need help with product creation.

From TradeWheel to KYG Trade, expand your resources in order to thrive with your global small business.

Tuesday, March 05, 2024

Designing For Extremes: wegginar® by Keona Moy on 3/6 at 10 AM CT

©2024 Women Entrepreneurs Grow Global®.  All rights reserved.
What does it mean to design for extremes for a global audience?  Find out on Wednesday, March 6th at 10 AM CT when CEO and founder Keona Moy talks about "From Niche to Norm:  The Global Power of Designing for Extremes" and:

  • How to broaden impact through specific solutions
  • How to design for extreme cases
  • What the benefits are when designing for extreme cases
  • How to adopt a mindset of designing for extremes to transform a company culture
  • How to identify extreme use cases and integrate these insights into a design process

Enlightening?  You bet because designing for extremes ensures that products cater to a wide range of users, not just the average.  To learn more and to register free of charge, visit:  https://bit.ly/4994UlO.

Who is Keona Moy?

Keona Moy is a dynamic entrepreneur and self-taught designer with a rich 15-year background in healthcare. Her unique journey in the healthcare industry, combined with a self-driven foray into fashion design, led to the founding of VKTORI. As CEO, Keona's deep understanding of health and wellness influences her approach to fashion, emphasizing comfort and inclusivity.

Her transition from healthcare consultant to fashion entrepreneur was sparked by a personal realization: the necessity for apparel that marries comfort with style, especially for neurodiverse individuals. This inspired the creation of VKTORI's signature product, the No-Nip Tee, embodying the brand’s ethos of challenging traditional fashion norms.

Keona's expertise in identifying niche needs and translating them into universally appealing designs is at the heart of VKTORI. Her vision extends beyond clothing; Keona sees VKTORI as a platform for empowering women to be shamelessly comfortable with all their 'extremes'. 

Participate here.

Monday, March 04, 2024

Today in Global Small Business: Celebrating Women's History Month

©iStock/Yulia Novik
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, March 02, 2024

Love Is Like Wildflowers

©2024 Laurel J. Delaney.  All rights reserved.
"Love is like wildflowers; it’s often found in the most unlikely places." – Ralph Waldo Emerson

Friday, March 01, 2024

Global Expansion Is the Future for Small Businesses

©iStock/Galeanu Mihai
According to Courtney Kincaid, President and CEO of the Indiana CPA Society, global expansion is now easier than ever. She says studies show businesses are more successful in the long term when they spread their reach to new countries and markets. 

As the world becomes more connected, small business owners should look for ways to expand their reach overseas to find new customers, follow this blog, access resources like this one and Women Entrepreneurs Grow Global®.

You have one shot at life. Give it your best.  Reach for the stars.  Go for global growth.