Showing posts with label global business. Show all posts
Showing posts with label global business. Show all posts

Wednesday, January 07, 2026

Global Leaders Must Adapt at Speed, and Bring Coherence to an Increasingly Unstable Environment

©iStock/liuzishan
As David Bach and Alarico Allegri say, "For the first time in decades, global business is operating under conditions it did not prepare for. Political forces now shape markets as much as economic ones, and the rules that once guided international business no longer hold.

To understand this moment, read the entire article, "The rules of global business are being rewritten.  Leadership must evolve to keep pace."

David Bach is President of IMD and Nestle Professor of Strategy and Political Economy.

Alarico Allegri is a Consultant at Egon Zehnder.

Friday, September 26, 2025

What's Happening This Week in Economics?

©iStock/Galeanu Mihai
What’s happening this week in economics? Deloitte’s team of economists examines news and trends from around the world – from US tariffs to a Japan-US deal.  Find out more here.

Tuesday, April 29, 2025

Pleasing an Audience of One: DJT

©iStock/Victor Aheiv
Gifting all of you this article from The New York Times and reported by Ana Swanson (from Washington).

Many employees believe Mr. Lutnick is focused on an audience of one: the man he refers to as “DJT.” Mr. [Howard] Lutnick often speaks of the president’s intuition, wisdom and prescience; has boasted of having regular Friday night dinners with Mr. Trump; and describes any day that he speaks to the president as a “good day.”

Access entire article here.

We all hope Mr. Trump takes a less aggressive approach to tariffs for the business owners who have built their businesses around international business.

Monday, December 09, 2024

Today in Global Small Business: What Do Most Extraordinary Global Business Leaders Have in Common?

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

Friday, May 17, 2024

Elevate Your Business With An AI Video Translator

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According to CIO Look, AI video translation employs advanced machine learning algorithms to automatically translate spoken or written content in videos from one language to another. By leveraging natural language processing (NLP) and deep learning techniques, AI video translators can accurately interpret and convert audiovisual content in real time, eliminating the need for manual translation efforts.

Should you consider using an AI video translator at your global business?  First, you need to think about the benefits – from expanding your reach to boosting efficiency.  Access more benefits here.

Wednesday, April 10, 2024

AI Will Have a Huge Impact On Global Business This Year

©iStock/Sundry Photography
According to CEO of JPMorgan Chase Jamie Dimon, he believes artificial intelligence will have a huge impact on global business this year.  He knows its influence will be significant.

“We are completely convinced the consequences will be extraordinary and possibly as transformational as some of the major technological inventions of the past several hundred years: Think the printing press, the steam engine, electricity, computing and the Internet, among others,” the JPMorgan Chase (JPM) CEO wrote in the [annual shareholder] letter.

Dimon goes on to say, "Over time ... we anticipate that our use of AI has the potential to augment virtually every job, as well as impact our workforce composition. It may reduce certain job categories or roles, but it may create others as well.”

Full shareholder letter can be found here.

Friday, February 02, 2024

What's Next For Evergrande's Creditors and What Their Collapse Means for Global Business

©iStock/LewisTsePuiLung
A Hong Kong court on recently ordered the liquidation of Evergrande, the heavily indebted Chinese property giant. The decision comes two years after the company defaulted, setting off a financial crisis at other developers and adding to the challenges facing the world’s second-largest economy. 
The company’s dissolution raises questions about fairness for overseas creditors — which could have wider implications for foreign businesses operating in China. 
Learn how Evergrande fell (limited access).

Thursday, June 22, 2023

How Can Global Businesses Best Account for Local Conditions As They Grow?

©iStock/MOZCO Mateusz Szymanski
Harvard Business School assistant professor Alexander MacKay studied Uber’s strategies as it entered new markets around the world. He wanted to understand how global businesses can scale fast and survive for the long run.

Tune in here for a conversation he had on Cold Call with Brian Kenny. Or read the transcript here.

Thursday, June 08, 2023

Global Business That Operates On a Local Scale

©iStock/AlizadaStudios
The Coca-Cola Company claims they are a global business that operates on a local scale, in every community where they do business.

How do they do it?  

We are able to create global reach with a local focus because of the strength of the Coca‑Cola supply chain, which comprises our company and our bottling partners worldwide.

Learn more about The Coca-Cola System.

Tuesday, September 13, 2022

How Would a Chinese Blockade of Taiwan Affect Global Business?

©iStock/Bing-Jhen Hong
A Chinese blockade of Taiwan would cripple global supply chains and raise freight prices in Asia and potentially beyond, because of the outsize role that the island of roughly 23 million people plays in global business.

Here are some questions and answers about the tensions across the Taiwan Strait and the possible fallout on global business should China attempt to blockade the island.

Tuesday, August 09, 2022

A Great Resource for the Illinois Global Business and Entrepreneurship Ecosystem

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One of the best kept secrets in Chicago is the long-standing nonprofit International Trade Association of Greater Chicago (ITA/GC), which provides a forum for the exchange of up-to-date and practical information on the trends and tools of the ever-changing global marketplace.

Established in 1977 (name changed to ITA/GC in 1985) by Richard Paullin who is considered the Mayor of global trade in Chicago.  Richard has been bringing people and ideas together since then on a global scale.  Nobody knows the global business and entrepreneurship ecosystem better than Richard.

His organization also produces and distributes the well-known Illinois International Business Calendar – a consolidated list of all major global business themed events in the Chicagoland area – including ITA/GC programs and events.  By signing up for the PDF listing, you never miss an important event. Plus, you can even submit your event to him for a listing.

To become a member of the organization, visit ITA/GC/.

Richard will be giving a few words at the 7th Annual Global Small Business Forum hosted virtually on Friday, October 21, 2022 (and supported by lead sponsor Associated Bank).  He has supported and been involved in the Forum since its launch in 2015.  To learn more about the Forum, which has become the biggest and best global small business forum in Chicago, visit: https://globalsmallbusinessforum.com.  Registration is OPEN.

Tuesday, January 11, 2022

Understanding Cultural Awareness and Diversity in Global Business

©iStock/Oleksandr Pupko
Awareness and recognition of unique cultural behavioral differences, along with a global mindset, can further encourage shared understanding and enhance flexible thinking and communication.  It also allows you to conduct business the world over in a seamless fashion.

Here are five (5) cross-cultural communication tips for global teams.  You might also consider reading "navigating the cultural minefield" by Erin Meyer to better understand how cultural differences affect global business.

Tuesday, March 03, 2020

WorldBlazer Founder Alison Larson Is Taking the Fashion World by Storm

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In the following interview conducted by Laurel Delaney for GoDaddy, Alison Larson, founder of her own global business consulting agency, WorldBlazer Consulting LLC, shares her professional and personal insights — from what triggered her interest in global business to the trick to getting and keeping global clients to the things she can’t live without (spoiler alert: one is beads for making jewelry).

Read more about how Alison Larson is taking the fashion world by storm.

Thursday, September 05, 2019

As You Grow a Global Business Like Gympass, Focus on Physical and Mental Health

©iStock/Antonio_Diaz
Meet the founder, Cesar Carvalho, of the truly international business, Gympass.  The story goes like this:  When Cesar left his small hometown in the Brazilian state of Minas Gerais to study in São Paulo, he had no idea he would be where he is today.
The entrepreneur leading one of the largest corporate platforms for physical activity in the world is having a whirlwind of a year: he moved to the United States in January to accelerate the company's expansion, already present in 14 countries. Months later, in June, a $300 million funding round led by SoftBank raised the startup's market value beyond $ 1 billion.

What keeps his sanity and rhythm for running a hip business is his focus on physical and mental health.  It goes like this:
"No matter where I am in the world, I make sure that I am back in time for dinner with my wife on Friday. Weekends are sacred, and are reserved for her and my children, as well as physical activities with them - I rarely work on those days," he [Cesar] points out.
Read more about how Gympass is a Brazilian company gone global.

Tuesday, August 27, 2019

The Great Leveler for Global Business: The Internet

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According to Virgin Group founder Richard Branson, you don’t have to commit to expensive global advertising campaigns to be discovered in this world because you can do your marketing and market testing at the touch of an iPhone.

“While competition may be fiercer, I believe that if you have an idea for a business that solves a problem and makes people’s lives better, as a result, you have a good shot at success,” he [Branson] says.

The Internet serves as the great leveler for all businesses, allowing everyone to move at lightening speed and achieve results faster than ever.

Learn more about how to stand out and maintain global integrity in the marketplace.

Tuesday, March 05, 2019

Become an International Player in Dubai

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If you are considering opening a new business in Dubai, or moving your existing operations there, now is a good time to start such a process and journey for Dubai in 2020 is the first city to host a World Expo in the Middle East, Africa, and South Asia, increasing its presence as an international player in the business.
While we are already specialists in tourism, hospitality, and retail, the upcoming global exposure will boost other sectors as well. Not only at the Expo, but across the city, visitors will see us pushing boundaries in everything from construction, sustainability to finance and cutting-edge communications. And, they will get a feel for how we are uniquely positioned to host a truly global business.
Learn more about how Dubai is becoming a growth catalyst for global small businesses through Dubai's 2020 expo.

Monday, July 09, 2018

Today in Global Small Business: Whiskey Wars

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

Thursday, May 17, 2018

Produce Pioneers: Importing and Distributing Avocados

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Galen Newhouse and Randy Shoup started West Pak Avocado at a time when avocados where almost unheard of.
From selling fruit to local distributors from their small pack-house in California, the pair have grown the company into what it is today - a multinational distributor with five distribution centers delivering fruit from California, Mexico and South America to customers in North America, Asia and the Middle East. 
Newhouse added that they were successful in the end and credits integrity, honesty and reliability with that success. "We won them over because we always delivered and did what we promised. We always did what we said we were going to do so, and overall we overcame the issue."

Learn more about the West Zak Avocado success journey -- from small avocado company to global business.

Monday, February 05, 2018

Today in Global Small Business: Knowledge is Power in Global Business

©iStock/Michail_Petrov-96
What's affecting me, my clients, my colleagues and other global small business owners: