The Untapped Value of Overseas Experience

How skilled return migrants can be your company’s agents of change.

Designing a China Business Framework

If you’re looking to succeed in China, you’ll need to align your strategy with the agenda of China’s leaders. Businesses need to take a “politico-strategic” approach when entering the country because of the strong relationship between commerce and government.

Let’s Get Engaged!

Staff who like their work and want to stay are a prized asset. So how can a company generate a high level of engagement? This article focuses on research into the connection between employee engagement and company loyalty, specifically for multinationals operating in India and China.

Editor’s Note: not a comprehensive study but some of the issues discussed are quite interesting and add something useful … [ Read more ]

How to Find a Manufacturer in China

You have a product idea and you want a manufacturer to produce it for you. But you’re on a limited budget so sourcing in China seems like a good idea. You know that China has many low-cost manufacturers. But how do you find the right one?

Negotiating the Cultural Minefield

In cross-cultural negotiations, be aware of cultural differences but don’t feel you have to adapt your behavior.

Think You Live in a Globalized World? Think Again

The globalization of trade is so established that it has lost the power to astound us. Yet the global economy is not as integrated or efficient as is widely believed, according to A. Kerem Cosar, assistant professor of economics at Chicago Booth, because getting goods from their point of origin to international shipping centers within the same country can be expensive—sometimes more expensive than shipping … [ Read more ]

Found in Translation: The Lingua Franca of Exceptional Performance

The three rules that provided the title for Raynor and Ahmed’s recent book on exceptional performance are based on the large-scale and detailed study of American corporations. But do these findings mean anything outside of the American context? Do they need to be adapted? Are they even relevant?

Building Trust Across Cultures

Do you trust with your head or with your heart? There is a big difference between cultures when it comes to building trust, and not understanding that can put a business relationship in peril.

Working Across Cultures and Knowing When to Shut Up

The Culture Map can help managers negotiate the complexity of cultural variation. It is made up of eight scales representing those behaviors where cultural gaps are most common. Through plotting out how two cultures fall on the 8 cultural dimensions, you can analyze the gaps and similarities and determine where the likely tensions and opportunities will arise with each collaboration.

Four Blueprints for Ensemble Decision-Making

When making a decision, two heads can be better than one, but two – or even more – perspectives are definitely better than one, especially in today’s dynamic and widely different global markets. These authors call it ensemble decision making and they describe four patterns and three steps for making it work.

Eight Crucial Considerations for International Growth

While expanding to other countries may be attractive, it also poses challenges and potential pitfalls for companies. Different jurisdictions usually means different rules, and financial officers often need help navigating the unique rules of each new market. Fortunately, there are ways to establish and build a company’s global footprint successfully. Savvy cash management is key, and financial officers who are proactive and involved early in … [ Read more ]

Doing Business Where Governance Is Weak

Eight principles for succeeding in markets prone to ethical and legal risks.

Adapting to a Workforce Without Borders

As companies stake their growth strategies on global expansion and penetration of new markets, they face a new global talent imperative. A mismatch between where supply and demand of available skills resides is forcing organizations to turn to other countries to locate scarce skills and source the best talent.

Organizations today face a different talent landscape, one in which the global talent map has lost its … [ Read more ]

The Art of Persuasion in a Multicultural World

Effective leadership often relies on your ability to persuade others. If you manage a team whose members come from different cultures, learning to adapt your persuasive techniques is crucial.

A Tool That Maps Out Cultural Differences

Most people tend to emphasize just one or two, at most three, dimensions of cultural difference when it comes to parsing and predicting foreigners’ behavior. But cultures differ along many more than three dimensions, so the more dimensions you consider, the less likely you are to trip up on a cultural paradox. The trouble, of course, is that it’s cognitively difficult for us to keep … [ Read more ]

Reverse Innovation and the Emerging-Market Growth Imperative

Many established global companies discount the need to innovate when competing in emerging markets. After all, innovation is expensive and risky. So, how can it make sense to spend heavily on an innovation for a market in which customers have so little money? Readers will find out just why it does make a lot of sense.

The Surprising Link Between Language and Corporate Responsibility

Research by Christopher Marquis shows that a company’s degree of social responsibility is affected by a surprising factor—the language it uses to communicate.

Are You a Holistic or a Specific Thinker?

In a specific culture, people usually respond well to receiving very detailed and segmented information about what is expected of each of them. If you need to give instructions to a team member from this kind of culture, focus on what that person needs to accomplish and when. Conversely, if you need to motivate, manage, or persuade someone from a holistic culture, spend time explaining … [ Read more ]

Rethinking Innovation for a Recovery

As we look to grow out of recession, innovation is more important than ever. However, the types of innovation companies pursue need to change. They must start to find novel ways of adding value at low cost, using existing technology in new applications and re-engineering inefficient business models. Managers wanting to learn how to make this change will find that China is a good place … [ Read more ]

How Business Schools Create Irresponsible Leaders

Most business schools have spent the past decade making their programs global in scope, which tends to mean sending students to foreign lands for immersion programs. The model they’re using, however, creates leaders that are dangerously out of touch with the context in which they’re running businesses.