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The Definitive Blog for Entrepreneurs and Small Businesses
Interested in Going Global
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"A growing chorus of leaders is calling for a new growth model, one that creates more and better jobs by engaging rising global demand and attracting global talent and capital. These leaders recognize that only by harnessing the power of ..."Read the entire article: Going Global: Boosting Metro Denver's Economic Future
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"One of the big things in international trade is that people don't go into something new because they do not understand it," said Mark Peterson, Greater Rochester Enterprise (GRE) President & CEO. "We want them growing, we want them adding jobs and we want them to be able to have the knowledge they need to grow as fast as possible."Read the entire article: International Business Council Helps Local Companies Go Global
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In the hopes of attracting more high-impact international projects for ZGF Architects and like-minded local businesses, Portland in 2012 launched the We Build Green Cities initiative, a one-of-a-kind attempt to leverage the city’s green reputation to boost exports and the regional economy. National Journal has honored this unique project as the winner in our category of expanding exports.Learn more about the We Build Green Cities initiative, the importance of exporting -- not just product but services as well -- for Portland and other ways Portland is marketing its strengths.
"For every $1 billion the United States generates in exports, about 5,400 jobs are created, according to the Brookings Institution’s Metropolitan Policy Program. Yet research shows that strikingly few American companies—less than 1 percent of 30 million firms—sell abroad."
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The Tanzania Women Chamber of Commerce is an umbrella organization uniting sectoral business women associations, companies, and individuals who have agreed to form a united front to advocate, lobby and network for the well being of their businesses and prosperity of women entrepreneurs. Current membership stands at 6 associations and 20 companies; all together about 2000 members.Read all the news here.
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To seize on this opportunity and bridge the expert and education gap, in 2010 Slover and his brother, who had a similar experience in Nepal and Honduras, launched Learn It Live, a web-based social-learning platform. The site’s goal is to bring online education courses to those in other countries and in the U.S.Read the entire article: How Teaching English in Bolivia Sparked One Young Trep’s Bankable Business Idea
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The second type is trust from the heart (affective trust), which arises from feelings of emotional closeness, empathy and rapport and is more complex to develop.Read Roy Y. J. Chua's summary on "trust from the head" and "affective trust:" Building Effective Business Relationships in China (requires registration if you want to read the entire article at MIT Sloan Management Review and worth a look to uncover a vast amount of global business knowledge).*
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The show called 'Dance Around the World', features ballet, jazz, tap, street jazz and contemporary styles of dancing as well as musical theater.Read the entire article: Going Global For One Night Only
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Using Direct in other nations could prove appealing to U.S. citizens who seek care overseas and want to give local providers access to their records, says Scott Rea, vice president and senior PKI architect at DigiCert*, a provider of digital certificates and a certificate and registration authority for Direct exchange.Read the entire article, "Direct Exchange: Going Global?"
For instance, the U.S. has military and other government personnel working around the world. These individuals need to be able access health services outside the U.S. yet still be able to communicate in a secure way with American-based healthcare providers managing their medical records, Rea says.
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The real world is roughly only 10 to 25 percent globalized. Most activities that could take place either across or within national borders are still domestic. Moreover, the trend is toward further localization. The same policymakers and business leaders who once sought universal openness are focusing their investment, attention, and effort within their own home countries.According to World Internet Users Statistics Usage and World Population Stats, 34.3 percent of the world's population uses the Internet.
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By ignoring the growing trends of consumers who were downsizing to smaller vehicles and wanting improved gas mileage as fuel prices increased, Detroit automakers ran their businesses into the ground. Those poor decisions culminated in bankruptcies by GM and Chrysler, while Ford escaped by restructuring on the back of its own private loans. Fast-forward to today, and the SUV is a different beast and is beginning to sell again. The more important question for Ford is, can it sell overseas?Read the entire article: Can Ford Take SUVs to the Global Market?
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When I arrived in China, I received little, if any, real training on how to manage the diverse nature of our team. I had to learn by trial and error. And, I did learn. What I learned is that it is all about communication. Learning to listen and speak in a way that allows for common understanding. I also learned that humility goes a long way. Admitting that I did not know the culture, asking for help, accepting, respecting and being genuinely interested in understanding the culture gave me immediate credibility. Why? Because it provided the opportunity for the discussion.Read the entire article: "Going Global? Better Rethink Your Diversity Training."
Jennifer Gilhool is a lawyer and management executive who recently spent two years in China building an extraordinary team to manage international regulatory compliance for a Fortune 10 Company. She founded her own company, Pink Streak Ink, to work on issues of corporate diversity, leadership and education for women and girls around the globe. She is about to publish her first book, Sheryl Sandberg, China & Me, which is a story of an ordinary woman who moved her family to China for her career, saw her career nearly implode, and with it, her life — or so she thought. (Note: It appears she is ready for: Escape From Corporate America).
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The old theories governing the way that countries produce and trade are being replaced. The pattern of trade is being transformed by increasingly sophisticated technology and innovations in transportation; and the topography of actors is shifting to reflect new poles of growth.One single factor that helps? Confidence.
These days, “Made in America” isn’t as clear-cut as it used to be. Most Americans are aware that products branded with American labels may be made in overseas factories or assembled here with parts made overseas. Three-fourths of consumers say being manufactured in the U.S. is crucial for them to consider it “made in America.”What do you think? With complex and vast global supply chains, do you think we can still find a pure made in America product? We welcome comments!