posts tagged with Growth

Emerging Markets Reach for the Torch

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As we speak, the 2012 Summer Olympics torch relay is in progress. The famed torch is making its way to Olympic Stadium in London to mark the start of the international games in July. The Olympic flame, dating back to the ancient Olympic games in Greece, is not only a token of the games, but also a symbol of countries coming together, united in pride, sportsmanship and healthy competition. The Olympics may be the one of the best examples of global collaboration.

Looking to Emerging Markets for Growth

t was exciting to find out that almost 90% of the SMEs surveyed for this report are planning to do business in emerging markets in the coming year. Where? According to the study, the top-10 emerging markets are: China, Brazil, India, Russia, United Arab Emirates, Poland, Czech Republic, Morocco, Romania and Turkey.

Another interesting fact, the onset of the financial crisis has had an unexpected positive effect: far from slowing this growth process, it has actually served to accelerate it.

Gaining a Toehold in China

When people think of expanding their business, the “go to” place is China and its market of 1.3 billion people. People are now clamoring to China in the hopes of jumping on the perceived gravy train. According to the Ministry of Commerce, foreign direct investment in China grew 26.04% year-on-year to reach USD 38.8 billion in the first four months of this year.  

Q&A with Bob Remenar, President & CEO of Nexteer

nexteer.jpg - What is your advice for companies expanding their supply chains globally?

Expanding globally is certainly an exciting thing, but it comes with its challenges. I cannot over-state the importance of personal relationships and communication as we bridge East with West to operate efficiently in multiple regions. The trust that can only result from relationships and consistent personal behavior built on a foundation of trust and integrity is priceless. Adjusting to different time zones, cultures, and work styles are all things that take time. The best way to adapt to this new set of expectations and responsibilities is to communicate often and clearly with your global partners...

Dumplings or Development? Check your stereotypes about Poland

poland2.png What comes first to your mind when you think of Southern Poland? Dumplings? Cabbage? Vodka? The Carpathian Mountains? Well, I had TONS of ideas when I started my trip to Katowice – and, to be honest, a growing economy was not on top of my list.

Katowice is located in the heart of the Upper Silesian Region in Southern Poland and, compared to other Polish cities, it won´t be winning a national beauty contest any time soon. “Industrial” seems to be a good word to describe the special atmosphere: The city´s history is closely linked to the manufacture of coal and steel. Today it has become a growing business centre. And this is exactly where FedEx gets involved…