With the digital evolution, even the remotest place on the world is just a fingertip away. Nevertheless, doing business outside ones own country still carries many risks and barriers. For one, there is the cultural gap that can put a severe strain on a transnational cooperation, as shown in the Expert file of our iCEO Frank Lewis. Why this issue needs to be addressed, explains Bruno Lanvin in the INSEAD Knowledge Video talking about the most Innovative Countries 2016 and the importance of international cooperation.
An often quoted reason for going international is the restricted market of small and medium sized countries. Though the expanding company faces difficulties going global, if the country itself bears macroeconomic risk factors. Euro Trapani developed a key compass for Pocket Size Multinationals to smoothen the process and Rajesh SN explains in his White Paper the impact of global uncertainty in commercial, pricing, and business models.
Finally we present you our Executive Video of the month, done by our iCEO Lee Reynolds, a true expert in emerging market channels within the MEA & APAC region
Enjoy the reading!
CEO and Founder
CEO Worldwide Expert File on our Blog, written by Frank Lewis
"The biggest barrier in doing business in the world market is managing cultural differences. It ranks first in areas such as law, price competition, information, language, delivery, foreign currency, time differences." Having worked several years with Chinese companies, Frank Lewis looks in this expert file at the issues when western and eastern cultures colide doing business.
To read this Expert File from Frank Lewis, click here
Frank Lewis has over 25 years of experience in both listed and private companies. He has held a number of board positions as Chairman, Non Executive Director, CEO and Finance Director, both in the UK and abroad with growing mid-market companies.
With a background in sophisticated and developing markets, he has the commercial prospective required to assist with growth strategies, acquisitions and flotations.
To view Frank Lewis profile, click here.
The World's Most Innovative Countries 2016
INSEAD Video and text from our partner, INSEAD Knowledge
Innovation is essential for sustainable growth. Countries should maintain their R&D investments and cooperate internationally to protect their innovation momentum in the face of low-growth scenarios. Listen to this interview with Bruno Lanvin, Executive Director for Global Indices at INSEAD and co-editor of the Global Innovation Index report on the importance of innovation and international cooperation and the role of emerging countries such as China.
To listen to this inspiring INSEAD Knowledge Video, click here .
CEO Worldwide Presentation File on our Blog, written by Euro Trapani
Pocket Size Multinationals are quite often located with corporates in small medium countries and they were 'forced' to go global having a limited domestic market. Some of them suffer from having the corporate in countries considered risky and/ or with poor macroeconomic situation. This is particularly true in Europe for Italian and Spanish groups. Euro Trapani's key compass shows how to steer round this problem... read more
Euro Trapani is a Group CFO with large responsabilities including IT & legal in multinational with broad international footprint with revenues over 1,2 billion Euro of which 90% abroad the domestic market. He achieved a strong reduction in net working capital and significant improvement of corporate governance of international subsidiaries.
To view Euro Trapani's iCEO certified profile, click here
CEO Worldwide White Paper written by Rajesh S N
Rising global uncertainty, as we experience it today, has a direct influence on the way we have to run our business. Expectations and capabilities of the business partners depend on the environment they work in and require adequate commercial, business and pricing models. To read Rajesh's informative White Paper, read more
Rajesh SN has 24 years diverse experience spread across India, Gulf and the U.K. in the fields of Contracts and Commercials, Program Management of complex transformation programs as a part of Consulting and Systems Integration, Corporate Finance , Enterprise Performance Management, Management Consulting, Accounting, Auditing, Income Tax and Cloud computing.
Result oriented and with rounded experience, Core strength, he is in creative, analytical and advisory roles spanning delivery, consulting and finance to help build high performing teams and also enjoy individual contributor roles.
To view Rajesh SN's iCEO certified profile, click here.
Lee Reynolds is a dynamic and versatile Senior Business Executive with very extensive board level experience of achieving strong business growth focussing on the channel and distribution experience. He specialises in emerging market channels within the MEA & APAC region. Specialties: Market knowledge / Creating / Managing / Leading / Selling
To view Lee Reynold's Video, click here .
To view Lee Reynold's iCEO certified profile, click here.