Archive for globalbusiness SmartBlogs
Today, emerging markets are leading the global economy. China and India attract most Western attention. But growing domestic demand and unique human capital talent in Latin America make this region just as likely to deliver strong returns as its Asian counterparts. To succeed in this environment, Western organizations must understand the operational complexities, local realities and the “human capital” factor in individual markets in Latin America.[…] Continue Reading »
Another article on mergers and acquisitions? And cross-border deals at that! Why bother, given that so much literature has been published on cross-border M&A, especially with respect to why some transactions — particularly cross-border ones — often crash and burn?
This article, however, looks at such deals from another angle.
In addition to the more typical corporate law and organizational structure discrepancies, geopolitical and sociocultural differences endemic to different countries (or even regions within the same country) should be added to the long list of challenges that routinely occur when two business organizations, located in separate countries, try to merge.[…] Continue Reading »
Today’s working environment is global in scope, rife with uncertainty and lacking in long-term guarantees. In such a setting, company culture has been emphasized, whether to assuage employees and shareholders or provide a rallying point, a mission or a common set of business goals — and even as the difference between success and failure.
But what is culture, and what does “getting it right” mean?[…] Continue Reading »
All too often, business leaders find themselves between a rock and a hard place. Globalization has, once again, placed them in this familiar predicament.
On one side, they are pressured by tight deadlines, reduced budgets, and greater demands from their customers. On the other, they are also being urged to integrate cultural awareness and other cross-cultural considerations into their managerial decisions — decisions that are supposed to affect operations on the other side of the globe.[…] Continue Reading »
SmartBrief is partnering with Big Think to create a weekly video spotlight in SmartBrief on Leadership called “VIP Corner: Video Insights Powered by Big Think.” This week, we’re featuring Anil Gupta, a global strategist.
India and China have almost unfathomably large labor markets, but unemployment is not in itself a major issue. Rather, it’s a lack of of “experienced managerial talent, and in certain specialties, certain professions like accounting in China, IT professionals in India, because essentially this kind of talent cannot be scaled up very readily,” says Anil Gupta, a business-school chair of global strategy and entrepreneurship at the University of Maryland.[…] Continue Reading »