International Trade Statistics 2003

In today’s global economy, companies are increasingly looking outside national borders for new markets. Answering such questions as “Which Asian country is the largest exporter of commercial services?” or “Is the market growing for agricultural products in Africa?” can be essential for companies thinking of expanding into other parts of the world.

International Trade Statistics 2003 by the World Trade Organization is an authoritative source for … [ Read more ]

Adapting to Post-Communist Uncertainties

Foreign investors in Russia must learn to navigate the social and political complexities of business in the region.

Little Giants

You don’t have to be big to be global. Some of the best players are smart and small.

Transaction Structures in the Developing World: Evidence from Private Equity

Lerner and Schoar make available an interesting look at private equity financing. For instance, did you know that “in developing nations, the bulk of financings are private ones?” After examining 210 private equity transactions in developing countries, L&S report that in developing nations there is a much greater heterogeneity in private issuances. “The choice of security appears to be driven by the … [ Read more ]

Making It Work

How to avoid some common offshoring blunders — and what to do when you can’t.

Lost in Translation? Getting Your Message to an International Audience

Did you know that only 28% of the entire European population can read English? The percentage is even lower in South America and Asia. Even the growing Hispanic community in the US still prefers to read in Spanish.

This means that if you want to sell your products and services to these markets, you will need to be able to communicate effectively in their languages. … [ Read more ]

Kenichi Ohmae

I do not believe China should be forced to hold democratic elections, even if that were possible. Its population would vote for leaders who distribute wealth to the poor. But there are still 900 million farmers in China with an average annual income of $500; distribution of wealth would simply be a synonym, as it is in India, for the distribution of poverty.

The Western … [ Read more ]

Lisbon Revisited – Finding a New Path to European Growth

What’s happening with the European economy these days? With a few notable exceptions, Europe’s economies remain mired in a cyclical downturn, with a less-than-promising longer-term outlook. This report, a joint project of Accenture and the European Policy Centre, takes a look at what has transpired in the four years since the Lisbon Summit of the European Union. Despite significant progress in some areas, such as … [ Read more ]

China and the New Rules for Global Business

China offers potentially huge benefits for multinational corporations. With a population exceeding 1 billion and an immense supply of low-wage workers, China is coveted both as a consumer market and as a superb location to source products. But is China really the place where major corporations need to be in the decades to come? In this first of four special reports on China, experts from … [ Read more ]

Finding global growth

With global expansion as challenging as it’s ever been, Bain has analyzed what it takes to prosper internationally. Starting with 7,500 public companies over a five-year period, we focused on the relative few that manage to sustain profitable international growth. Our findings are summarized here from an article first published in the European Business Forum.

Matthew Budman / Stan Davis

Business thinker Stan Davis uses a pipeline metaphor to describe the pattern of job creation and motion. “I’m not concerned about U.S. job losses so long as we’re feeding the front end of the pipeline with growth and innovation,” he says. “As each new innovation creates new jobs and new sectors mature, those jobs migrate down the global food chain. The issue is, ‘Does the … [ Read more ]

Ten Steps To A Global Human Resources Strategy

This article outlines a global H.R. action agenda based on the approaches used by leading multinational companies. The goal is to build sustainable competitive advantage by attracting and developing the best managerial talent in each of your company’s markets.

The strategy demands global H.R. leadership with standard systems but local adaptation. The key underlying ideas are to satisfy your company’s global human resources needs via … [ Read more ]

Euro Clash

Removing tariffs is easy. Breaking down social barriers to trade is hard.

Can we turn Europe’s differences to business advantage?

Recent geopolitical events have polarised attitudes in Europe and the US – but how has this affected business? Is Europe more or less confident than it used to be of its distinctive business model? More than ten years after the creation of a European single market, have European companies started to resemble each other (as some economists predicted)? Or is corporate diversity as strong and … [ Read more ]

When in Rome…or Zimbabwe

Many companies are investing in or selling to overseas markets without adequate due diligence. Using commercial sources for risk analysis, maintaining regular contact with local people and developing a cross-functional risk management strategy can lead to a safe journey.