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According to organisations like the United Nations and the Organisation for Economic Co-operation and Development (OECD), it's someone who earns or spends $10 to $100 per day.Will the trend last? As the article says at the end, "The prize, which many will hope is in reach, is that global poverty is eliminated entirely within another couple of decades."
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1. Connecting more U.S. businesses to their NEXT global customer with tailored industry-specific information and assistance.Read more: U.S. Secretary of Commerce Penny Pritzker Announces Next Phase of the National Export Initiative
2. Making the NEXT international shipment easier and less expensive, through efforts to streamline U.S. government export-related services, reporting requirements and processes, and speeding American goods to more markets through domestic infrastructure improvements.
3. Expanding access to finance for U.S. businesses’ NEXT export transaction, helping more exporters obtain financing to meet international demand, and ensuring more companies know what products and services are available to reduce risk and export to new markets with confidence.
4. Promoting exports and foreign direct investment attraction as the NEXT economic development priority in communities and regions across the country by enhancing partnerships with local and state leaders and by coordinating with SelectUSA, the U.S. government-wide program housed within the Department of Commerce to facilitate foreign direct investment.
5. Creating, fostering and ensuring U.S. business’ NEXT global opportunity by helping developed and developing economies improve their business environments, by opening new markets, and by establishing conditions and addressing barriers to allow more American exporters to compete and win abroad.
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The students learned that Jameson’s Cero light could be applied to various industries, mining in particular. The final report detailed several findings, including the high costs and slow growth of the domestic mining industry that was below average in relation to the rest of the world.The report analyzed everything from active international markets for Cero light to bureaucratic obstacles, trade barriers, risk, market saturation, currency rates, infrastructure needs, potential economic growth, duties, shipping, insurance, compliance costs and many other necessary elements involved in international trade.
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With a presence in over 80 countries, TNS has more conversations with the world’s consumers than anyone else and understands individual human behaviours and attitudes across every cultural, economic and political region of the world. TNS is part of Kantar, one of the world's largest insight, information and consultancy groups.For more information on TNS Global, visit: http://www.tnsglobal.com
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For years, May has been the time to not only recognize the benefits of international trade, but also for organizations around the country to support more American companies competing overseas.We salute all entrepreneurs and small businesses who have mastered the art and science of taking their business global! Go celebrate your successes! Be proud of your accomplishments!
For the United States, the benefits of trade have been great, as have our successes. We recently announced that for the fourth straight year, the United States set a record for annual exports in 2013, at $2.3 trillion. That is a 40 percent growth in total exports since 2009.
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Even small companies are going global today, making education about supply-chain disruptions more important than ever.Is it really foreign territory for small businesses to talk about global supply chain management risk?
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| ©2013 Laurel J. Delaney. All rights reserved. |
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| iStock/Thinkstock |
I started grappling with the question of how to enact change globally when I began meeting social entrepreneurs who were determined to adapt the Teach For America model to their home countries. The first such adaptation was Teach First, launched in the United Kingdom in 2003 and modeled after Teach For America. Participants teach in primary and secondary schools in low-income communities across England and Wales for a minimum of two years and become lifelong leaders for change working from inside and outside of education. Four years after launching Teach First, in response to requests for support from social entrepreneurs in countries around the world, CEO Brett Wigdortz and I decided to launch Teach For All.Read more: Empowering Movements for Global Education Reform
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| All photos: iStock/Thinkstock |
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Lucrazon MissionHector V. Barreto, former U.S. Small Business Administrator and Chairman of The Latino Coalition is the new President of Lucrazon (4/24/14). Read the news release announcing Barreto's appointment.
To continually achieve 100% client satisfaction in ecommerce by providing the best service available with the most advanced software and state-of-the-art technology to our national and international clients in the turn-key environment.
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GoDaddy’s expanded global footprint offers products and support in 42 markets, 44 currencies and 17 languages. GoDaddy’s goal is to empower small businesses around the world. As part of this effort, the company recently hired new regional heads in EMEA and LATAM, developed a highly localized marketing and advertising presence, and is adapting appropriate products to international markets [4/28/14].The reason for GoDaddy's global push?
GoDaddy’s global expansion is driven by industry veteran, James Carroll, who has delivered international platforms at Yahoo! and Microsoft. Carroll, who joined GoDaddy in March 2013, is leading the company’s effort to bring the company’s solutions and market presence to customers in 60 markets and 30 languages.Learn more: GoDaddy Continues Global Expansion with Launch into 21 New Markets and 14 New Languages
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| ©2014 Laurel J. Delaney. All rights reserved. |
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| ©2014 Laurel J. Delaney. All rights reserved. |
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| ©2014 Laurel J. Delaney. All rights reserved. |
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| ©2014 Laurel J. Delaney. All rights reserved. |
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| ©2014 Laurel J. Delaney. All rights reserved. |
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| ©2014 Laurel J. Delaney. All rights reserved. |
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| ©2014 Laurel J. Delaney. All rights reserved. |
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| iStock/Thinkstock |
According to authors David Gartside and Colin Sloman, in their feature article, a different talent landscape will require local leaders "to be adept at responding to local business dynamics, embracing diverse ways of thinking, managing a multicultural workforce, and leading virtual teams across multiple time zones."Going global very rarely equates to a one-size-fits all approach.
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Over 36 million account holders already trust Skrill to send and receive money worldwide in 200 countries and 40 currencies, securely and at low cost, without revealing their personal financial details.Learn more: Skrill
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For big social media-minded consumer-facing brands — from technology to automotive to CPG — having large social followings is a blessing from a communications and control perspective. No longer are they suppliant to the fifth estate to disseminate their news. What’s more, they can engage directly with their constituents using language and visuals of their own choosing.Read the entire article: The Pain & Pleasure of Branded Social Media
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This rise of global ecommerce has retail leaders staking international claims across nearly every global market. But what factors have facilitated this ecommerce growth worldwide?What's facilitating this growth? Find out: Core Elements Flattening the Global E-Commerce World
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“The way we try to get around the language barriers is with a lot of visuals,” he said, adding that he travels to trade shows and exhibitions abroad with price sheets, business cards, and other materials already translated to the local language, as well as a video display showcasing the ice wine harvesting process. “They see the price and taste the quality and from there the business can begin.”Read the entire article: Doing Business Abroad? Here's how to get around language barriers
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| ©2013 Laurel J. Delaney. All rights reserved. |
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| Photo courtesy: Apress |
Delaney quotes Vigdis Eriksen, the founder and CEO of Eriksen Translations, in Chapter 15, "Web Design with the World in Mind," where she provides strategies for conveying cultural, linguistic, and business information to target audiences in a world that is becoming increasingly multicultural and multilingual. Vigdis Eriksen said, "To reach out to the world for business, your website should be flexible enough to adapt to other languages in the future. Build for global growth."Read more about it: Eriksen Translations Helps Women Business Owners Reach Their Audiences in the Global Marketplace
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We think modern technologies and consumer preferences demand an entirely different skill set from companies than in the past. In fact, we think current innovations have given companies an unprecedented opportunity to develop direct relationships with their customers [and the chance to expand in growing global markets] to solidify their intangible brand asset, as well as be creative in managing the supply chain to develop unrealized cost efficiencies, both of which are critical to developing an economic moat in this category.
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I have no empirical evidence to support my position on this, but I think the appeal of international franchising is guided by one or a combination of the following: the cache and promotional benefits of being able to claim your franchise concept transcends borders; a strategic choice based on identified market trends; favourable economic and regulatory conditions that remove certain barriers to entry for a particular business; and/or someone from that country expressed an interest in being a franchisee.Read the entire article: Is your franchise really ready to go global?
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"Despite the instantaneous exposure to global markets through the web, many small businesses are not prepared for dealing with customers overseas and are becoming ‘accidental exporters’, having not planned for or considered the practicalities or potential of selling abroad until an international order drops into their inbox."Read the entire article: Are you an accidental exporter? For UK visitors, read the schedule on upcoming exporting events here. The next one is July 5th.
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In 2004 the Harvard Business Review estimated that executive coaching alone was a $1 billion industry. Aided by Web technology that enables remote coaching from anywhere, the business is gaining ground in some unexpected corners of the world.Read more: An expat career coach's world without borders
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| ©2014 Laurel J. Delaney. All rights reserved. |
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| iStock/Thinkstock |
The Global Entrepreneurship & Development Index was created to provide a more complete understanding of economic development by capturing the contextual nature of business formation, expansion, and growth. It is based on analysis of comprehensive data sets from more than 120 countries that marshal information about the “3A’s” of development: entrepreneurial attitudes, aspirations, and activity.Here's a look at the top 10, including scores:
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Nick Hillman of the Institute for Higher Education says the [British] government has sent unclear messages about the sort of immigration it wants to restrict. An emphasis on holding down net immigration deters young Indians and Pakistanis in particular. Australia and America, which have more relaxed entry criteria for students, are becoming more favoured destinations. Colin Riordan, Cardiff University’s vice-chancellor, adds that Britain’s student-visa regime has become more onerous and fiddly overall.Is Britain losing out to other countries in the contest for talent?
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There are 70 sites which have partnered with MFA, representing some 7.8 billion items. After only two years in business, MallForAfrica does over 2 tons of merchandise/over 100,000 items/millions of dollars worth of transactions per year. Their revenue has doubled over the past year, and this year they are on track to do 5x what they did last year. They're expanding into two new African countries this year, and are expected to be in 16 countries by 2016. They have overcome the public's knee-jerk reaction to any mention of Nigeria immediately being associated with thoughts of cyber fraud. Inc.com just named them one of the 5 African Tech Startups to Watch.Pretty amazing and powerful stuff. Pay a visit when you have time: MallForAfrica
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To build a truly great, global business, business leaders need to adopt a global standard of ethical practices.Find out what else he has to say here.
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“I know that as more and more U.S. small businesses engage in the global marketplace, you face new questions and unique challenges,” said Sen. Amy Klobuchar, who along with fellow Minnesota U.S. Sen. Al Franken provided taped welcoming remarks for the conference’s participants.Read more here: OPIC Workshop for Minneapolis Area Draws 80 Small Businesses from 11 States
