Leadership: A Global Perspective

N2Growth Blog

This fall, I embarked on a worldwide quest to gain insights and perspectives on global leadership in the 21st century. Opening your mind to global perspectives can inspire you to improve yourself and the people around you too.

Tips to Create A Global Recruitment Strategy for Your Business

Strategy Driven

In addition, companies that operate on a global level, especially multinationals and transnationals, have turned to better, more effective ways of hiring. Here are some tips to assist you in creating a ground plan for international recruitment.

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How To Become Successful In The Fashion Industry

Strategy Driven

Regardless if you’re launching a clothing brand or you want to make your fashion business known globally, there are various ways on how to be successful in the fashion industry. Below are some of the ways to become successful in the fashion industry: 1.

How Can the Travel Industry Overcome the Impact of COVID?

Strategy Driven

One of the hardest hit industries during the coronavirus pandemic has been travel and tourism. So far the industry has lot the benefit of the two bank holidays in May and a lot of the school half term periods as well. What are the best solutions for the travel industry?

Why Enterprise Resource Planning Systems Work

Lead Change Blog

Enterprise resource planning (ERP) is a billion dollar business for good reason. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance and human resource. In fact, buying and implementing ERP has become a top priority for firms in highly competitive industries. Today, there are literally hundreds of different ERP vendors who serve as specialists for different niches in diverse industries.

The Latest Trends in the Executive Coaching Industry

Aspire-CS

Please enjoy this recap of the latest trends in the executive coaching industry from Brian Underhill, Ph.D. As the head of a large executive coaching firm, I travel globally meeting with organizations and coaches, as well as speaking at and attending various coaching conferences. And since there is not yet a book in the plan (I’m too extroverted – writing can be difficult!),

28 Leadership Development Recommendations for your Individual Development Plan

Great Leadership By Dan

For this month’s edition, I asked an all-star cadre of leadership development bloggers, authors, and consultants to submit an answer to the following question: “We all know that individual development plans (IDPs) need to be tailored for each leader. Chris Edmonds , from Driving Results Through Culture , says that every leader needs to have " Serve my employees " as their #1 target in their individual development plan.

Automation: A Potential Game Changer for Mining and Maritime Industry

HR Digest

The use of automation technology is rapidly changing the landscape of various industries, mostly in the labor-intensive sectors. Automation in Maritime industry is turning crew members into system managers. The fourth industrial revolution buildup is instilling fears of massive job loss among employees in varying sectors, due to the shift’s primary focus: automation. It’s difficult to overlook the benefits of autonomous technologies in the mining industry.

Disappointing US Job report likely to derail plans to scale back stimulus package

HR Digest

There are concerns that this will force the Federal Reserve to postpone plans to scale back its stimulus help for the pandemic affected. Economic progress feels squashed after Delta variant caught the industry in its grip. The U.S.

What You Need to Take Your Company into the Global Marketplace

Strategy Driven

These are just a few of the things necessary to take your company into the global marketplace. Whether you’re trying to launch a product like a rock star or come up with a business plan, you need vision. But, the costs of taking a company into the global marketplace are even higher. You shouldn’t attempt to globalize your company without having the necessary capital behind you. And, for your business to succeed it will need to change with the industry, and the economy.

The 1 Thing Leaders Agree is Critically Important for Success, Yet Few Have a Plan to Achieve It

Leading with Trust

Imagine, if you will, you are in a large hotel ballroom with nearly 3,000 leaders from 115 countries representing 38 different industry sectors. You would guess the vast majority of leaders would have a plan in place to deal with such a widely accepted, high-priority business issue, right?

Planning Doesn’t Have to Be the Enemy of Agile

Harvard Business

Planning has long been one of the cornerstones of management. Early in the twentieth century Henri Fayol identified the job of managers as to plan, organize, command, coordinate, and control. The capacity and willingness of managers to plan developed throughout the century. The future could be planned. This was the capitalist equivalent of the Communist system’s five-year plans. Later, MBO evolved into strategic planning. Jon Feingersh/Getty Images.

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3 Reasons Global Firms Should Keep Investing in India

Harvard Business

While India remains a formidably challenging market, there are at least three reasons why global firms cannot overlook India without consequences. India plans to catalyze $200-300 billion of new investment in renewable energy infrastructure over the next decade. Industrial companies like JCB, Cummins, AECOM, General Electric and investors like Brookfield have successfully capitalized on India’s infrastructure investments. boris sv/Getty Images.

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Does Your Company Have What It Takes to Go Global?

Harvard Business

Ask managers responsible for global business development how they determined their companies’ growth potential when they entered new international markets, and most will cite an array of positive factors external to their organizations, things such as favorable country-specific economic and market trends, rising GDP, a growing middle class, increasing incomes, and strong demand for high-quality goods and services. laura schneider FOR HBR.

All Hail Medium-Term Planning

Harvard Business

Many also have ornate strategic plans that stretch over the long term, as surefooted in their predictions as a communist state’s five-year plan. The private equity industry has a clear understanding of the importance of the medium term. The beauty of the PE industry model is that it does not succumb to the travails of the short term or the dreams of the future. Strategic planning Operations Digital Article

German Manufacturing Is Leading a Digital Industrial Revolution

Harvard Business

Now, they are pioneering a new phase of global digital manufacturing that will transform the key processes surrounding the manufacturing of everything from automobiles to trains, planes, machinery, and even kitchens. Sales to delivery : By relying more on big data demand forecasting techniques now being pioneered by German manufacturers, we estimate that manufacturers globally could boost their margins by $600 billion over the next 14 years.

Germany’s Midsize Manufacturers Outperform Its Industrial Giants

Harvard Business

Germany is ranked fourth in the global economy, but it’s home to only 28 companies in the Fortune 500. They possess an extreme focus on the wishes of global customers. The company also looks outward for global management development and recruits and deploys up-and-coming managers abroad. These businesses are quite vulnerable when there are no succession plans for the next generation. Stop for a minute and think of some of the most successful German companies.

Harness Talent Mobility

Skip Prichard

Automation and AI is creating new jobs and industries, but also threatening others. Amidst the forces of globalization, demographic change and automation, we are seeing a fundamental shift in the way we work. Workers must plan for it in their careers. Maximize Talent.

How the Medical Industry is Improving Life for Japan’s Aging Population - SPONSOR CONTENT FROM THE GOVERNMENT OF JAPAN

Harvard Business

Why the Pharmaceutical Industry Is Booming in Japan. percent of the 2014 global medical device market—behind the U.S. Philips’s range of ventilation, sleep therapy, and monitoring equipment is an ideal part of such a plan, as Danny Risberg, general manager of Philips Healthcare in Japan, disclosed in a recent presentation. Everyone in Japan knows its citizenry is getting older at a faster rate than that of any other nation.

Conscious Capitalism: How To Be a Fashion Brand that Facilitates Change

CEO Insider

Fashion leads and shapes ideas on a global level, and we should be doing that not just for the industry, but for business as a whole. Behind everything we do, there must be a deeper purpose.

Why Interconnectedness Matters for Industrial Companies

Harvard Business Review

The convergence of the digital and the physical in the industrial world is a profound transformation that is far from fully appreciated. In a similar way, a company producing interconnected industrial devices becomes a fundamentally different company. In a similar way, industrial companies that combine the digital and the physical open entirely new dimensions in the way they operate and in the value they can provide to customers and shareholders.

The skills needed to future proof your career

CEO Insider

The pandemic affected many jobs, uprooted career plans, and left people questioning their professional futures. Most of us, globally, were left wondering how to protect ourselves better and future proof our careers. Industrial revolutions of the past […].

The Best Global Leaders are Local Leaders

Harvard Business Review

Technology and globalization have made commerce a far more level playing field than it was many decades ago. From business schools to boardrooms, building global leaders has been identified as a crucial factor for organizational growth. Being globally-focused is now a prerequisite for survival. Being a global leader today goes beyond having a "global strategy." Coca-Cola is an iconic global brand, and yet, it is the most successful local "Nigerian brand."

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Behind China's Roaring Solar Industry

Harvard Business Review

According to Barron's and others, China has already begun implementing its ambitious plan to increase installations. More than 15 percent of the country's investment goes into real estate, and around 12 percent of GDP comes from property-related industries. China Global business Sustainability

Winning the Global War for Tech Talent

Harvard Business Review

They generate new insights and contribute to innovations that change the way the industry addresses previously unsolved problems. are planning to leave the U.S. companies more competitive on the global stage. Global business HiringIt is time for immigration reform that will keep more top technical talent in the United States.

The Mining Industry's Isolation Myth

Harvard Business Review

You can have a broad and progressive perspective on stakeholders (most senior executives I know have such a perspective) and still embrace isolation as the default paradigm for planning, building, and operating a mine or oil and gas operation. Interdependence is a useful lens through which to plan the full project lifecycle, from exploration and production agreements, through technology transfers, local content and operations, to shut down and post-closure planning.

2020 Top CHRO List – The People Leaders To Watch

N2Growth Blog

We find ourselves amidst the challenges of living and working in a triple-threat world of a global pandemic, economic instability, and political unrest. Impact on their industry and in the broader communities they serve.

Globalization Plays a Bit Part in Environmental Issues

Harvard Business Review

Of course, globalization has an impact on the environment, but it is a mixed one and generally far less scary than many people think. Most ecological problems are still local as opposed to global , and while cross-border integration can make the environment dirtier in some places, it can also help with cleaning it up. Unlike many supposed failures and fears associated with increased global integration, in the case of the environment, globalization has had a part to play.

First Look: Leadership Books for May 2021

Leading Blog

In today’s volatile, fast-paced, and ever-changing global climate, organizations and their employees are under more pressure than ever to perform. What if the next global crisis is a mental health pandemic? Amazon Unbound : Jeff Bezos and the Invention of a Global Empire by Brad Stone.

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A Plan to Revitalize Greece

Harvard Business Review

The key to such a change is developing an innovation-oriented industrial structure and a well-functioning innovation system. In an increasingly global race for the best talents, the quality of life outside the lab has turned into a crucial success factor, which should enable Greece to become a global attractor for talent. Global business Innovation Greece is finally showing signs of recovering from its 2008 crash.

A Better Way to Plan Your Career

Harvard Business Review

My students frequently ask me how I planned out my career to become president of Fidelity Investments. I always tell them, "There was no grand plan; I backed into my career one step at a time.". What does my history suggest about career planning? There are just too many factors beyond your control that will shape your job options--global economic trends, political elections, and technological changes, just to name a few. Career planning Managing yourself

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What Trump’s Trade War Could Mean for the WTO and Global Trade

Harvard Business

industry for national security reasons. Yet the global economy is not descending into chaos. might have taken a “safeguard” action instead, which restricts imports that cause significant harm to a domestic industry, but this would have required that compensation be extended to countries targeted by these tariffs. doesn’t wait, other countries will innovate their own unilateral tariffs, bringing the rules-based global economy to a standstill.

The Secret Sauce of Business Innovation

Coaching Tip

The mantra " focus on what you do best and partner to do the rest" is serving most leaders of the global economy well. Cross-Industry Pattern Recognition. A set of simple truths-- business breakthroughs combine the instinctive hunches of what might be with revelatory insights into cross-industry trends in plan sight. The characters are universal and local, the venues global and domestic, and the wares standard and high-tech.

Learn to Teach. Teach to Learn

In the CEO Afterlife

Take the time to look at other industries. You’ll be surprised what you can learn and how that information can affect your own business or industry. In the renewable energy market, global investment has increased from $33 billion in 2004 to $211 billion, 7 years later. When I retired, I thought I was through with business. And I was, until the social network came along and enticed me to blog.

The Global Banking Leaders of the Future

Harvard Business Review

The global banking industry faces two opposing truths. Recent headlines have been foreboding, highlighting concerns that the retrenchment could leave the most promising engines of global economic growth sputtering. Their movements could potentially create a new class of global banking leaders for the next decade. As the Japanese retreated home, European and other Western banks moved onto the global stage. Economy Global business BIS PDF

Mexico Needs a Venture Capital Industry

Harvard Business Review

A recent study by the National Venture Capital Association and HIS Global Insight estimates that 11% of U.S. In Latin America, on the other hand, the VC industry is still nascent. The growing pains of the VC industry in Mexico, where I am based, are in two dimensions: on the fundraising side and on the investment side. Mexico is also still struggling to build a big enough base of local investors to sustain its VC industry.

Top 10 US Cities to Capture Small Business Recovery Act Dollars.

Women on Business

To secure your little corner of the recovery, you’ll need to be at the right place with the right business plan. If your small business plan can move the nation forward, you’re a step closer to winning Uncle Sam’s financing and support. Winning the funding game is a matter of finding the right combination of business plan and place. With the highest per capita spending across all industries, Washington, D.C.

Hot Seat: Jeff Immelt at GE

Leading Blog

In the wake of 9/11, GE’s people needed to hear, and to believe, that we had a plan and that, working together, they could help us execute it. When leaders merely unload their burdens without offering a plan of action, that’s selfishness masquerading as candor—the arrogance of false piety.

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Could the Middle East Fuel the Solar Industry?

Harvard Business Review

I was there on behalf of Ernst & Young's Cleantech Center to lead a conversation about how a solar power industry could take shape in the Middle East. They are all provisioned and managed by the global companies exhibiting in the hall. One startling implication of the value-added method is that that "for goods produced globally, high tariffs and other barriers on imports act as a tax on exports, jeopardizing economies and jobs rather than protecting them."

HBR Economic Survey: Little Hiring Growth Planned for 2012

Harvard Business Review

The global economy is in a pretty tight spot. We focused on three areas of questioning: Their confidence in the global economy this year and in the next decade, whether or not they were confident their companies would hit their revenue targets this year and next, and whether they anticipated increasing their hiring in the next fiscal year. The news out of Asia was slightly better, with 41-percent planning to increase hiring. as the global economic leader in the next 10 years.

Four Suggestions as You Face Your Industry's Steamroller

Harvard Business Review

On the industrial stage, something like that scene plays out all too often. A company finds itself in the path of an unstoppable industry disruption, can hardly fail to see it, yet simply fails to act. Consider the pharmaceutical industry, the focus of a recent global survey my colleagues and I conducted. Executives representing Asia-Pacific life sciences companies were more sanguine, with 56 percent indicating their firms had prepared for an industry shock).

Lipitor and iPhone 4s: Setting the Stage for Industry Disruption

Harvard Business Review

And both teach lessons that apply across many industries. Throughout its history, Pfizer's biggest product and the biggest-selling branded drug in pharmaceutical industry history, has delivered some confounding strategic lessons. With Lipitor's annual global sales still approaching $10 billion and new generic competition poised to significantly eat away its sales, managing the end of its life cycle is critical for Pfizer's near-term outlook.

Unify Your Global Company Through a Common Language

Harvard Business Review

One of the biggest challenges facing any company in global expansion mode is how to maintain swift and sure communication. I''d need a standing army of translators to manage now, and my plan involves adding many more countries. At Rakuten we faced this challenge and have embraced a solution that not only improved our communication as a company, but it propelled us into the ranks of global expansion leadership. We are fully and truly global.