Thursday, August 30, 2012

Russia's Accession to the WTO: Ready To Become Global Leader

iStock/Thinkstock
Russia's accession to the World Trade Organization was a watershed moment for the country.
In simple monetary terms, studies by the World Bank show that Russia's economy will become wealthier by about $162 billion per year, which is about 11 percent of gross domestic product. At the same time, the structural changes that are necessary to deliver this injection of growth and wealth are equally, if not more, significant.
Read the entire article here.




Wednesday, August 29, 2012

Tory Burch's Global Reach

Fashion designer and entrepreneur Tory Burch talks with Bloomberg's Margaret Brennan about the global outlook for her namesake line of clothing and accessories.

Tuesday, August 28, 2012

Japan's First Encounter with Globalization: Sex Labourers

iStock/Thinkstock
The following article draws on and is adapted material from chapter one of Bill Mihalopoulos's book, "Sex in Japan's Globalization, 1870-1930:  Prostitutes, Emigration and Nation Building" (Perspectives in Economics and Social History).
The book deals with poor rural women who migrated overseas to work as sex labourers. The core of the book is a historical study of the gendered and class impact of Japan’s first encounter with globalization that began in the 1860s.
Read the entire chapter here.

Saturday, August 25, 2012

Chicago Air and Water Show 2012

©2012 Laurel Delaney.  All rights reserved  "Chicago Air & Water Show 2012"
I snapped the photo above just before the Chicago Air and Water show began on Saturday, August 18th.  No one had claimed this wonderful spot at around 9:00 a.m. CDT.  With the exception of about ten people, I had it all to myself.  An hour later, two million folks joined me along the lakefront to see one of the largest free shows of its kind in the United States.  And what a show it was.

Chicago Air and Water Show 2012:  Highlights (Huffington Post)

Air and Water Show history (Wikipedia)

Friday, August 24, 2012

Disruptive Coursera: Helping the World Access Education

Fuse/Thinkstock
Two Stanford computer science professors -- Daphne Koller and Andrew Ng -- are offering higher-level online education courses for FREE at Coursera.  Yes, you read that right.

What is Coursera?
We are a social entrepreneurship company that partners with the top universities (refer to illustration) in the world to offer courses online for anyone to take, for free. We envision a future where the top universities are educating not only thousands of students, but millions. Our technology enables the best professors to teach tens or hundreds of thousands of students.

Through this, we hope to give everyone access to the world-class education that has so far been available only to a select few. We want to empower people with education that will improve their lives, the lives of their families, and the communities they live in.
Wake-up world.  Learning just got a whole heck of a lot easier.  Join 1,136,787+ Courserians here.  By the time you visit the site, notice the growth in Courserians.

Note:  I've already signed up for a course starting January 2013. 

Thursday, August 23, 2012

Wednesday, August 22, 2012

What Online Payment Methods Are Accepted in Foreign Countries?

Fuse/Thinkstock
CyberSource, claiming to simplify payment management, may not cover the world yet but this report is a decent start with Brazil, Canada, France, Denmark, Norway, Germany, Japan, Mexico, Sweden and the U.K.

Download report (PDF) file:

GLOBAL PAYMENT OPTIONS - CyberSource

Tuesday, August 21, 2012

Russia: An Amazing Country to Be An Entrepreneur

iStock/Thinkstock
According to Ms. Maelle Gavet, CEO of Russia's largest e-commerce company, Ozon Holdings, "If you have an idea here, chances are it hasn't been done well.  Russia is an amazing country to be an entrepreneur!" 
Gavet has succeeded by taking the other side of this bet. "It's happening now," she says. "E-commerce is at a tipping point." She points to Russians' soaring incomes: Per-capita purchasing power has tripled, to $19,000, since 2000. (Compare that with Brazil, where per-capita income is still under $12,000, despite a high-growth economy.) Russians are also enjoying a newfound embrace of the Internet. The country now boasts roughly 70 million Internet users, more than any other European country.
Based on the article below, Russia is considered the world's last great untapped Internet market.

As in the case of Ms. Gavet, you never know what direction our lives will take until one is well on their way. Oftentimes, even by default, we can find our greatest treasures in life. Hard work helps.  So does smarts. Regardless, the next global opportunity could be right in front of you.

Is This the Jeff Bezos of Russia?

Monday, August 20, 2012

Start Making Sense of Work Visas For Foreigners

iStock/Thinkstock
In some cases, hiring foreigners can foster global goodwill.  I like to think so.  Interesting interview transcript here offering many different perspectives. 
There are a lot of employers who take no interest in their cultural experience, and just want to get the work out of them. And the kids are happy, in many instances, to work 12 hours a day, because if you're from Moldova and you're making $8 an hour, that's a lot of money. It's like an American kid going overseas and making $60 an hour. That's the differential.
With High Youth Unemployment, Making Sense of Summer Work Visas For Foreigners | PBS NewsHour | Transcript interview plus video.

Comments are insightful -- 36 thus far at this writing and still going strong.

Related piece:  Making Sen$e with Paul Solman
The Unemployment Paradox:  Why Job Seekers, Employers Aren't Connecting

Saturday, August 18, 2012

Thursday, August 16, 2012

Best Practices in Global Supply Chain Management

iStock/Thinkstock
How do you expand your operations globally, while bringing your customers along for the adventurous ride?

Executives at Flextronics, Lubrizol and A. Schulman show you HOW.

Read the entire article: How to Manage a Global Supply Chain

Wednesday, August 15, 2012

Everything Global Mobile: mobiThinking

iStock/Thinkstock
Are you ready for the explosive growth in mobile?  If so, that means you have raised the bar to set new marketing standards for your global small business.

Read on to see how and what others are doing in the mobile space - from mobile sites to click-to-call campaigns -- get your global mobile marketing fix here.

mobiThinking

And while you are here, grab your insider's guide to mobile Web marketing:  France, Japan, Canada, Germany, USA, India, UK Australia, Spain, South Africa and Brazil here.

Tuesday, August 14, 2012

One of the Most Important Trends of Our Day: Globalization

iStock/Thinkstock
According to the article, Scholars, Spies, and Global Studies, globalization is one of the most important trends of our day.
As American universities expand their global footprint with branch campuses in Singapore, Abu Dhabi, and elsewhere, many faculty are concerned about oppressive governance, human-rights violations, and lack of academic freedom abroad. Meanwhile administrators grapple with how these new ventures—and globalization in general—will change teaching and research in the United States.
What does "global" really mean?

Find out here.

Monday, August 13, 2012

A Checklist for Hiring an Overseas Distributor

iStock/Thinkstock
How do you know for sure when you have found the perfect distributor?  The only way to find out is to ask a lot of questions – 50 to be exact.

Below we’ve created a checklist of all the questions you should ask to pre-screen overseas distributors. To better accommodate your needs organize the list any way you desire to.  Then print it out and take it with you the next time you interview a candidate.

Good luck.  And if we missed any questions, let us know!

Pre-Screening Overseas Distributors:  50 Questions to Ask

Saturday, August 11, 2012

Globalization: Rule Breaker

iStock/Thinkstock
The world according to the many changes taking place, including globalization.
Until quite recently, globalization was seen as a one-way street. American companies, which led the charge four decades or so ago into growing global markets, were its ambassadors — and American workers, whose wages and upward mobility were flattened, were the victims. The core idea was that globalization, technological innovation and unfettered free trade would erase historical and geographic boundaries, making the world ever more economically interconnected and alike. (Foreign-affairs writer Tom Friedman famously shorthanded this notion with the title of his book The World Is Flat.)
Read the entire article here.

Related article:  Embrace Globalization!

Friday, August 10, 2012

The Attacks on Outsourcing

iStock/Thinkstock
Is there a policy on outsourcing?
Americans’ fear of foreign trade has grown sharply in the last 20 years, in tandem with a rising tide of globalization that has exposed American workers to overwhelming competition from laborers in developing countries. 
Is globalization good or bad?

Find out here.

Wednesday, August 8, 2012

Social Media Translation Issues

Stockbyte/Thinkstock
As the article below points out, the Internet has dissolved racial, religious and cultural boundaries - uniting us in a way to form one interconnected world.
Now, language barrier is not a big issue in the Internet. It has been possible because of language translation, which has made Internet content universal and understandable to unlimited number of people. That is why the demand for translators online is rapidly increasing. A huge number of websites now search for skilled translators to increase and improve their visibility and traffic in the Internet world.
As the article goes on to say, "not all can become a skilled online translator. One needs to ..."

Read the entire article: Importance of Translation in Social Media

Related article here.

Tuesday, August 7, 2012

A Remarkable Global Event; A Religious Obligation

iStock/Thinkstock
Celebrating the completion of the study of the Talmud:
The 12th cycle of the daily study of the Talmud, the Siyum HaShas, had come to an end, and hundreds of thousands of Jews (mostly, but not exclusively, orthodox) have gathered to mark the joyous occasion. The irony was not lost on the organizers – for years they fought fiercely against the construction of a sports stadium in Jerusalem, while they view all forms of competitive sport as part of a Hellenization process which is directly contrasted with the world of “holiness.” And here they are, having filled up the major sports stadiums in North America and Israel, to celebrate the completion of the study of the Talmud.
 Learn more here and here.

Monday, August 6, 2012

The Globalization of Sports

iStock/Thinkstock
I call it the globalization of talent, period.  E.g., Lady Gaga, for one. But it also works in sports.  The Olympics prove it.
If you practice hard and have the talent, people will respect you for what you do on the court. It’s a competition of your abilities, not anything else. It also goes to show that at the heart of it, kids born and raised in different countries are not so different after all.
The globalization of sports in one Nike commercial

Friday, August 3, 2012

We Made the Top Ten Small Business Blogs By Google PR

The Global Small Business Blog is No. 10 (click photo to enlarge)

The Global Small Business Blog is No. 8 (click photo to enlarge)
Thank you Google!  Source: Blog Rank


Posted by:  Laurel Delaney, The Global Small Business Blog