Expanding your business on the global stage requires a well-tuned organization with high-performance people consistently making good decisions all along the way. As you navigate new markets and develop your global business plan, teamwork is crucial to the execution of your company’s vision. Successful teamwork relies upon open communication, accurate goal setting and effective … [More]
Compete More Effectively In the International Marketplace
U.S. companies continue to increase their foreign export sales, and the opportunities are plentiful for future expansion into foreign markets. Arizona companies are increasing, too, but at a lower rate than average, from a lower base than average. The recent U.S. Census Bureau data indicated Arizona exports have grown 44 percent during past 10 years. However, the U.S. as a … [More]
Best International Restaurants in Phoenix
Many of us “globies” (members of the global tribe) embrace great international food. We remember that first look and amazing taste of sushi at Tsukiji Fish Market, and still savor our grandmother’s favorite dish from the Old Country. It is with foodie passion that we recently updated our “best of” international food blog on the Global Chamber® site for Phoenix. Watch for … [More]
Global Initiatives in Your Community
We’ve found that the deeper we dig, the more really interesting international initiatives we find that include business, government, education and nonprofits. For instance, it took many hours of research to list out global, Canada, Mexico and related initiatives for Phoenix, and when we presented that list to a group of local leaders, we found many more initiatives that we … [More]
Global First. Local, Too.
A “Local First” slogan makes sense for consumers when they’re buying, but it can be a disastrous approach when executives are looking for sales growth. Thinking too close to home has put the U.S. into the predicament of having less than 1 percent of companies export, while most countries around the world are much higher, like Sweden at 5 percent. Having companies export goods … [More]
Take Your Business Plan Global
Now is the time to get started with global business. It’s worth it! Consider that the U.S. population represents only about 4.5 percent of the total world population of more than 7.2 billion people and is growing less than the rest of the world. China now has the second-highest number of millionaires in the world, according to Lloyd’s, and McKinsey reports that the Chinese … [More]
A Global ‘State’ of Mind: Help from an Unexpected Resource
Youthful populations and burgeoning middle classes, from Pacific nations and the African continent to China, offer unprecedented opportunities for growth and profit for enterprising U.S. companies. As a businessperson, you already know that knowledge is power, and research is key to successful start-up and market growth. What if there were a free resource that can be … [More]
Global Success Takes a New Skillset and Mindset
In today’s fast-moving globalizing economy, “what got you here” some years ago will help, but it won’t “get you there” altogether. To lead in the modern global marketplace, you have to add something more. At Thunderbird Executive Education, we are finding that even seasoned global executives need to upgrade their skills to keep pace with the two overarching phenomena dictating … [More]
Building an International Economic Network (“BIEN”)
Are you making all the best business contacts? Connecting your business to just the right people in a new trade region can be challenging. The Maricopa Association of Governments (MAG) and its partners have launched a first-of-its-kind website that allows companies in Arizona, Mexico and Canada to directly connect with each other. Using a comprehensive database, you can search … [More]
Get Ready for Exporting: Create the Foundation
I remember when we first started trying to sell our products and services internationally. We identified a few customers that we thought had a need for our services, started sending them information and then went on trips to call on them directly. Looking back, we made so many mistakes and wasted a ton of money. Even though we’ve done very well, we could have grown twice as … [More]
