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Thursday, November 28, 2013
Wednesday, November 27, 2013
Examining Product Names in Multiple Languages
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"It's expensive to create a brand identity," says Vernon Menard, who co-owns [For Choice Translating] with his wife, Michelle. "We're cheap insurance."Read the entire article: Found in translation: Avoiding multilingual gaffes
Related article(s):
Tuesday, November 26, 2013
Look Abroad for Growth
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- China's economy grew by over 10 per cent annually from 2000 to 2010
- India expanded by seven per cent yearly
- Brazil has grown by nearly four per cent per year
- The economies of Canada, the U.S. and the European Union each grew by less than two per cent annually
“The emerging markets are where you have constant GDP growth. Going to those countries should be no longer a question of why, but rather a question of how,” says Frank Pho, vice president, Global Expansion, at the Business Development Bank of CanadaLooking abroad for growth offers increased revenues, additional profitability and much needed diversification for small businesses.
Read the entire article: Expanding Internationally: How to Improve Your Odds Abroad
Monday, November 25, 2013
The Game Goes Global, Baseball That Is
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“I’m really looking forward to growing the sport around the world, to teaching some kids to play the game that has given me and my family so much,” LaTroy Hawkins* said.Read the entire article: Major League Baseball going global with offseason outreach efforts
* Hawkins is 40 years old and a veteran of 19 major league seasons.
Saturday, November 23, 2013
Prepping for Holidays at Roosevelt Collection in Chicago
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| ©2013 Laurel J. Delaney. All rights reserved. |
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| ©2013 Laurel J. Delaney. All rights reserved. |
Friday, November 22, 2013
With All the Challenges and Barriers, Why Go Global?
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The U.S. represents only about 3 percent of the consumers in the world, albeit the wealthiest.To tap into the other 97 percent of the consumers in the world, you must go global. Before you start, do your homework and proceed with caution.
Read the entire article: Avoid the Growing Pains of Going Global With Your Business
Thursday, November 21, 2013
A Checklist To Expediting Clearance of Goods On Imports
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Read: A 10-Point Checklist to Expedite Clearance of Goods On Imports
Wednesday, November 20, 2013
International Trade and the Law
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Knowing the ground rules and preparing properly for doing business in another culture, with its own rules, politics and traditions, can make for profitable business. Taking your small business international is a complicated process, however, that is governed not only by U.S. laws, but also by the laws of other countries.Read the entire article: Taking Your Small Business International
Tuesday, November 19, 2013
Global Business Intelligence Tools
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Have we given you a leg up for the future on developing a global competitive edge?
Monday, November 18, 2013
Crafting a Global Ecommerce Strategy
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The article below will provide solutions to the challenges at hand and help guide you in the process.
Read the entire article: How to Craft an Ecommerce Strategy and Recruit the Right Team to Implement It
Note: I devote an entire chapter to ecommerce in my new book, "Exporting: The Definitive Guide to Selling Abroad Profitably."
Saturday, November 16, 2013
Horses in the Sky
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| ©2013 Laurel J. Delaney. All rights reserved. |
Friday, November 15, 2013
Developing a Global Brand for a Small Business
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To develop a brand as global as Mickey Mouse, what do you do?
Read: Global Branding For Small Businesses
Thursday, November 14, 2013
Ready, Set, Social Global
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Meanwhile, take a look at some other strategies for launching an international social media campaign here.
Wednesday, November 13, 2013
Globally, Why Would Anyone Follow You?
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Before we get to how that question was handled (don't want to let the cat out of the bag here), she defines global leadership.
Take a look: Our World Demands a More Effective Global Leader
And by the way, Why would anyone follow you? Let me know and we'll post your answers here. Meanwhile, need some help? Explore the Global Mindset Inventory tool. And read: Leading With a Global Mindset.
Tuesday, November 12, 2013
6 Tips for Networking Globally
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Read the entire article: Using Social Media Internationally: How Not To Get Lost in Translation
Note: I devote an entire chapter on this topic called Creating a Social Media and Social Networking Presence (chapter 6) in my new book, "Exporting: The Definitive Guide to Selling Abroad Profitably" to be published December 18, 2013 by Apress.
Monday, November 11, 2013
Shifting From Local Leaders to World Leaders
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In Prague, the YMCA Young Achievers transformed themselves from local leaders to world leaders, tackling some of the toughest global problems and challenges. Workshops, networking and strategic planning on homelessness, poverty, education and many more global issues got these teens from the middle of America personally engaged with youth from around the world, giving them new a point of view to see the world in a much different way.Read the entire article: Young Leaders Go Global
Love this quote from one of the young leaders:
“Once you take someone on a global mission, it really just expands their mind and unleashes things within them that they really don’t know and it allows them to go further in life,” said Webster.
Saturday, November 09, 2013
Hot Chocolate to Warm the Heart
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| ©2013 Laurel J. Delaney. All rights reserved. |
Friday, November 08, 2013
Why Culture Matters in Global Business
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Mark Hehl from The Desara Group has some points to offer on the importance of culture when conducting business overseas.
Intro:
Conducting business on a global basis requires a good understanding of different cultures. What works in your country might not work well in another and might even be interpreted as an insult. One of the many roles of an effective project manager is to raise the awareness of cultural issues within your project team and your organization to ensure success.Read the entire article: The Importance of Culture when Conducting Business Overseas
Related articles: Communicating Across Cultures and How to Deal With Cultural Differences
Note: I discuss Communicating with Cultural Intelligence at great length in Chapter 24 of my new book, "Exporting: The Definitive Guide to Selling Abroad Profitably" due out December 18, 2013 by Apress.
Thursday, November 07, 2013
Turning Global Virality Into a Science
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What does that mean for everyone?
Judging by the spectacular results, BuzzFeed has turned “virality” into a science: Thanks to advanced analytics and tools of Big Data, they know exactly what needs to be said—and how—to get the story shared by most people. Its approach is best described as Taylorism of the viral: Just like Frederick Taylor knew how to design the factory floor to maximize efficiency, BuzzFeed knows how to design its articles to produce most clicks and shares. The content of the article is secondary to its viral performance.Whether you agree or disagree, the article is worth a read.
Read the entire article: Duolingo, BuzzFeed partnership: The translation project is terrible for foreign news
Wednesday, November 06, 2013
The 24-Hour Global News Room
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Read: Going Global - POLITICO.com
Tuesday, November 05, 2013
Should You Invest in Global Market Research?
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The guide covers assessing the value of market research and common uses for market research among SMEs and start-ups. Page 7 shows a nice infographic on keys to success in small business. My favorite part is Page 10, which says: "More than ever before, companies of all sizes are exporting. In fact, the biggest business in the world is international trading." There are some good case studies featured as well. Worth a read.
Immediate download of the PDF file here.
Monday, November 04, 2013
Small is Becoming the New Big
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The global business environment is decomposing into smaller yet more profitable markets, so businesses can no longer rely on scaling up to compete, but must instead embrace a new economies of unscale.What is unscaling? Well you will have to read the provocative blog post below to find out. But let's just say that small is becoming the new big, which is great news for global small businesses.
Read the entire article along with all its comments: Economies of Unscale: Why Business Has Never Been Easier for the Little Guy
Saturday, November 02, 2013
Friday, November 01, 2013
Global Nomad: BagPod
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"I suppose I was a bit of a global nomad, having traveled the world with my husband and our three children for 25 years before setting up my company in 2005. I've always loved fashion. I'm not an expert but love to be organised so I founded RedDog Design at home to create fashionable, yet simple functional handbags and accessories."
Marianne came up with the idea for a clutch-size organizer called a Bagpod because she was always losing things. Now her business of leather and canvas clutches, along with phone covers and handbags has evolved to sell in more than 160 shops worldwide from Switzerland to Australia.
Read the entire article here.
Thursday, October 31, 2013
Leverage Search Engine Optimization (SEO) to Go Global
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Marc Purtell takes a stab at the subject with, "How to Take Your Brand Global with SEO." One of his many key points:
One of the most important steps in achieving international success for a brand is garnering performance of its Web properties in international search engine results. Strong organic search performance across a multitude of nations and regions will build both brand awareness and brand influence across the globe.I talk about this topic extensively in chapter 15 (web translations) of my new book: Exporting: The Definitive Guide to Selling Abroad Profitably coming out December 18, 2013.
Read the entire article here.
Wednesday, October 30, 2013
A Truly Global Education Experience
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Read the interview conducted by Universia-Knowledge@Wharton with Frank Brown, dean of INSEAD: Making Business Schools a Truly Global Experience
Frank Brown says: " ... the big advantage European institutions have is that their programs are not dominated by one single culture. They are more open to foreign students who come from other continents."
The earlier the global education experience, the more likely a student will develop a global mindset and a multicultural perspective on the world.
Tuesday, October 29, 2013
India Places 60th out of 148 Economies in The Global Competitiveness Report (2013)
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The World Economic Forum released The Global Competitiveness Report, 2013-14, which includes, inter alia, a global competitiveness index (GCI) computed as a weighted average of components grouped into various factors (pillars) characterising competitiveness. These pillars include institutional, efficiency and innovation factors.Where does India stand within the index?
India's GCI score places it 60th out of 148 economies, with its ranking slipping by 10 positions over 2008-2013.Read the entire article: Doing Business in India: Take Up the Slack on Global Competitiveness
Monday, October 28, 2013
Staying Connected Worldwide on Daily Life
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What's changing on social media? For one, Chinese people are using platforms (i.e., Weibo, Wechat, Instagram and TripColor) more and more to plan and make international trips. They normally make a decision on where to go by reading travel stories and looking at pictures through their social networks. Secondly, which isn't surprising, they "trust recommendations from friends more than the stories published in magazines or aired on TV."
Check this out:
... "social media comprises a stronger component of travel than ever before, 44 percent of Americans said that photos or posts viewed through such networks drive them to their destinations; another 29 percent added that they receive contentment from reading comments left on their holiday posts."When it comes to China, that sentiment is no different. Asians use social media platforms to inform leisure travel decisions. According to Seeing the World Via Social Media, "Online travel reviews had the greatest impact on Chinese people when making initial decisions on travel destinations with roughly 70 percent of them searching online for such write-ups."
Free WiFi spots are a way of the future. That is, at least for global travel.
Read more here.
Saturday, October 26, 2013
How to Become a Great Global City
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| ©2013 Laurel J. Delaney. All rights reserved. |
Some of the traits you need to become a great global city?
And the Initiative’s chairman is a former big-city mayor who got things done -- Chicago’s Richard M. Daley!
- Local leadership with a worldview.
- A legacy of global interaction that includes a “first-mover advantage.”
- Distinct economic specializations that attract investment.
- The ability to adapt to each new cycle of global change without losing progress.
- A culture of knowledge and innovation that encourages local thinkers and entrepreneurs to “generate new ideas, methods, products and technologies” here.
Read the entire article: Going Global Requires Regional Effort
Friday, October 25, 2013
A Natural Born Global Entrepreneur
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Award officials said Wishewan is a natural leader and born entrepreneur. With no franchise, food or beverage experience, he grew Booster Juice to 50 locations in just two years — a Canadian franchising record.Read the entire article: Booster Juice CEO name entrepreneur of the year
Thursday, October 24, 2013
Taking a Page Out of the Japanese Global Playbook
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To answer these questions, we think there is a page out of the Japanese global firm’s playbook that firms from the BRICs and other emerging markets should not follow.Read the entire article to learn more: Going Global Is Key For Emerging Giants
Wednesday, October 23, 2013
Think Different to Expand Internationally
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Tip #2: Get the lay of the landTips for Going Global
Understanding local laws and the business environment is important, but that’s just the beginning. Building cultural credibility is vital for attracting the initial crop of employees, clients and partners.
When something is different, you must develop the right mindset (attitude) to conquer it.
Tuesday, October 22, 2013
Monday, October 21, 2013
The Importance of a Global Brand
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| ©2013 Laurel J. Delaney. All rights reserved. |
Read: Making the Case for a Global Brand
Saturday, October 19, 2013
What a Treat: Chicago Hawks and Halloween!
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| ©2013 Laurel J. Delaney. All rights reserved. |
More on the 2013 Stanley Cup Champs here.
Friday, October 18, 2013
Malaysian Entrepreneurs Driven Towards Penetrating the Global Market
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In Malaysia:
SMEs contribute 19 percent to the country's exports and 57.4 percent in job opportunities.Read the entire article: 25 Percent to have global market business networking
Thursday, October 17, 2013
International Franchising As a Way to Access New Markets
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Read the entire article: Expanding into new markets through franchising
Related article: International Franchising: A Global Strategic Initiative
Wednesday, October 16, 2013
Selling Nearly 2.5 Billion People Around the Globe Online
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The Digital Sharing and Trust Project shows that consumers actually shed their “real-world” identities when they go online to assume “digital personas." To be more specific, there are five different personas parading themselves around the web today.What does this mean for selling in the online world? It means getting to know your customers can be tricky.
Learn more: 5 global online personas your business should take note of
Tuesday, October 15, 2013
Factors to Consider When Developing a Global Brand for the Audience of the 21st Century
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Here's an excerpt of the interview: Meet the Global Creative Directors of the 21st Century
And here's the first question posed to Sandy:
Overall, what do you consider to be the first thing one must take into consideration when developing a brand for the audience of the 21st century?
Monday, October 14, 2013
How Joint Ventures Can Be a Good Global Market Entry or Expansion Method
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| iStockphoto/Thinkstock |
American Express is in ongoing discussions with regard to a proposed joint venture in which it would share the ownership of the joint venture with an investor group led by Certares, a firm headed by senior management with significant experience in the travel industry. The joint venture transaction is expected to create greater investment capacity for GBT to further enhance its suite of products and services, attract new customers and grow internationally to deliver additional value to customers.I write about joint-ventures in my new exporting book (Chapter 17) in how they can prove to be a most viable way to enter a foreign market or expand within it. Each party usually takes an equal equity stake and this case is no different (50 percent equity stake).
Read the news on the joint-venture here to see what other value the two companies will get out of forming a joint venture.
Saturday, October 12, 2013
Feel With Your Heart
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| ©2013 Laurel J. Delaney. All rights reserved. |
Friday, October 11, 2013
For Irish Entrepreneurs, Small Is Beautiful
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SFA assists you in managing your business, as well as allowing you to interact with fellow members through their member's directory listing.
In addition, SFA provides full details of upcoming events and management training, along with featuring their most recent news updates and outline of lobbying policy submissions and press statements issued to represent your interests.Give it look here: Small Firms Association
Thursday, October 10, 2013
The Little Import Business That Could
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In the article below, Kelly Spors outlines what it takes, especially on the compliance side of things, to open a small import business.
Opening a Small Import Business
Related article(s): How to Start and Run a Profitable Import/Export Business and How to Comply with Import Regulations
Wednesday, October 09, 2013
Only 1 in 5 UK SMEs Export
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This is especially surprising if you add the additional statistic that businesses are 11% more likely to survive if they do so. Then, when you mix in research from the government's UK Trade & Investment body which states that exporting SMEs are 34% more productive in their first year than those SMEs who do not, you wonder why UK businesses remain so internationally reticent.Read the entire article: Mapping the small business export market
Tuesday, October 08, 2013
Filipino Franchises Go Global
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Read the entire article: 15 Pinoy franchise businesses going global in 2 years
Related article: Open a New International Path: Franchise
Monday, October 07, 2013
Hello Planet Entrepreneur
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| Photo courtesy: Wiley |
For a look at the table of contents, more information on the co-writers of Planet Entrepreneur and an excerpt from the book, visit here.
Each chapter focuses on different aspects of the challenges and opportunities currently being encountered and solved by entrepreneurs worldwide, including:
- Using technology to solve real-world problems
- Empowering women and minority entrepreneurs
- The global rise of the self-employed entrepreneur
- Making the marriage of business and the environment work for all
- Social media as a launching pad for your ideas
- Taking your business global in the digital age (my chapter contribution!)
Buy the book now: Planet Entrepreneur
(Full disclosure: I am a pioneer member of the World Entrepreneurship Forum)
Saturday, October 05, 2013
Think BIG in the Global Marketplace
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| ©2013 Laurel J. Delaney. All rights reserved. |
Photo: Trump International Hotel & Tower Chicago
I like thinking big. If you're going to be thinking anything, you might as well think big.
Read more at http://www.brainyquote.com/quotes/authors/d/donald_trump.html#TKBxcbZW7BGeUwgp.99
Read more at http://www.brainyquote.com/quotes/authors/d/donald_trump.html#TKBxcbZW7BGeUwgp.99
Friday, October 04, 2013
Lessons From Burberry On Going Global
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... pushing its spring women’s show in London out across 11 social networks, its own digital flagship and through 13 live-streams on outdoor screens set up in locales from New York’s Times Square to Hong Kong’s Worldwide House.And it can't hurt that they partnered with Apple:
Apple approached Burberry to exclusively use the iPhone 5S to capture images and video before, during and after the show, and Twitter’s real-time reach resulted in tens of millions of impressions for content relating to the event.A first on numerous fronts and thus far, it appears to have worked.
Read the entire article: Burberry's Spring Show Goes Global
Key insight: Don't just use the United States social media platforms to launch your brand globally. Use other country's popular platforms such as Japan’s Sumally and China’s Sina Weibo, Douban and Youku. I talk about this in my new book, "Exporting: The Definitive Guide to Selling Abroad Profitably" (chapter 6).
Thursday, October 03, 2013
The Global Website Is Alive and Well
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In the article below, the author talks about four key points on localization challenges and best practices. One being, "the global website is alive and well, but it has changed."
Read: Driving Marketing Localization Success: Four Takeaways From Brand2Global
Wednesday, October 02, 2013
How to Be Like Apple
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No. 1: Be consistent.Read: Four Small-Business Lessons from 2013's Top Global Brands
No. 2: Be nimble.
No. 3: Concentrate on service.
No. 4: Use digital to your advantage.
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