Archive for September 2011

Creatively Ever After: A Path To Innovation by Alicia Arnold - Book review


Creatively Ever After

A Path to Innovation


By: Alicia Arnold

Published: August 14, 2011
Format: Paperback, 182 pages
ISBN-10: 0983440514
ISBN-13: 978-0983440512
Publisher: Alder Hill Press





"Given the complexity of creativity, I struggled with the dryness of fact. That's when I recalled the energy and childlike wonder that existed when using nursery rhymes to teach creativity", writes speaker and certified facilitator of the Osborn-Parnes Creative Problem Solving process, Alicia Arnold, in her highly imaginative and creative thought inducing book Creatively Ever After: A Path to Innovation. The author presents the Osborn-Parnes Creative Problem Solving process (CPS) through a re-imagining the very inspired fable of Jack and Jill.

Alicia Arnold recognizes the importance of creativity to executive success. Creative thinking is integral to the innovation process, but the essential skills for creativity are lacking in many executives. The author offers a unique and compelling solution for jump starting creativity within any organization through the engaging and user friendly use of nursery rhymes. Story and fable hold a deep resonance in people, and reawaken the same sense of wonder they experienced and enjoyed as children. Alicia Arnold uses the well known nursery rhyme of Jack and Jill as an effective tool for bringing out the latent creativity in executives. Through this familiar and refreshing concept, the more complex principles within CPS are integrated into the organization and its employees.



Alicia Arnold (photo left) understands the difficulty that many organizations experience with creative thinking. Even though finding the solutions to complex problems and developing innovative problems and services are critical to business success, many organizations and their executives struggle with the creative process. Alicia Arnold share a non-threatening and enjoyable means of teaching and developing creativity, as part of the organizational culture, through fable and nursery rhymes.

The CPS principles presented in the book, through story, are suitable for both individual, group, or company wide problem solving and innovation. The CPS process features the following steps:

* Identify the goal, wish, or challenge
* Gather data
* Clarify the problem
* Generate ideas
* Develop the solution
* Plan for action

For me,the power of the book is how Alicia Arnold presents the principles and process of Osborn-Parnes Creative Problem Solving (CPS) in an enjoyable story based format that engages the reader. The author doesn't simply offer a business fable, but utilizes the various aspects of the narrative to illustrate the CPS principles in action. The author's imaginative blending of a well known nursery rhyme, with the steps of the CPS process, provides a memorable and repeatable system that can be incorporated into any organization. With creativity and innovation being even more essential to business survival and growth, this book offers a proven set of tools that will unlock the creativity that exists in everyone and in all companies.

I highly recommend the enjoyable and idea filled book Creatively Ever After: A Path to Innovation by Alicia Arnold, to anyone seeking a refreshing and entertaining approach to creativity that is both effective and repeatable as a process. The CPS method provided in the book will help executives overcome even the most difficult problems and challenges facing their organization.

Read the leadership and innovation building book Creatively Ever After: A Path to Innovation by Alicia Arnold, and transform your company into a creative and innovative powerhouse through the application of the CPS process. This book, with its very imaginative use of story and nursery rhyme, will guide even the most reluctant executive toward unleashing their creative potential for the benefit of the entire organization.

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100th One Million by One Million free roundtable




What began in 2008 as an interactive forum to encourage entrepreneurship in the wake of the financial crisis continues to gain momentum. The One Million by One Million (1M/1M) initiative will be celebrating the 100th free online roundtable for entrepreneurs on Thursday, October 6, 2011.

Of the more than 7,000 entrepreneurs who have registered for these free roundtables, well over 400 have pitched their businesses and received coaching from Sramana Mitra. She reflects on the journey.

During the 100th roundtable, several entrepreneurs who work with 1M/1M from all over the world will be sharing their entrepreneur journeys - their experiences and goals - as inspiration for other startup entrepreneurs. These 1M/1M entrepreneurs, who usually meet during the members-only private roundtables, are at various stages of building their businesses. Each will provide an insider's view of the 1M/1M program.

This interactive roundtable will be moderated by Sramana Mitra, founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.



Sramana Mitra (photo left)

"We are very proud of the progress our 1M/1M entrepreneurs are making. At this stage, we have validated our model of a distributed, democratic and 100% virtual entrepreneurship education and incubation program," said Sramana Mitra. "We are able to positively impact the journeys of entrepreneurs around the world. It gives me confidence that we can achieve our goal of restructuring capitalism, and establish capitalism 2.0 through the 1M/1M global initiative."

On a typical Thursday, all attendees are invited to pitch their businesses at these free online roundtables. Entrepreneurs receive straight-shooting feedback from Sramana Mitra, advice on what their next steps should be and the experience of pitching their businesses in a public forum.

Sramana is a Silicon Valley entrepreneur and strategy consultant who writes the blog Sramana Mitra On Strategy, and she is the author of the Entrepreneur Journeys book series.

1M/1M entrepreneurs who will be sharing their experiences on camera include:

·Dan Stewart, President at Happy Grasshopper (Tampa/St. Petersburg, Florida, U.S.)

·Gioacchino La Vecchia, CEO at CrowdEngineering (Milan, Italy)

·Vikrant Mathur, Co-Founder at iFood.tv (Shttp://www.blogger.com/img/blank.gifan Francisco Bay Area, California, U.S.)

·Girish Mathrubootham, Founder & CEO at FreshDesk (Chennai, India)

·Taariq Lewis, Founder & CEO at Stanzr (San Francisco Bay Area, California, U.S.)

·Michael Goldman, Founder of Wealth Gathering (Portland, Maine, U.S.)

·Suresh Sambandam, Founder & CEO at OrangeScape (Chennai, India)

·Michaeline Daboul, President & Co-Founder, MMIS, Inc. (Portsmouth, New Hampshire, U.S.)

·Scott Clark, Senior Vice President and Partner, Value of Insight Consulting (Miami, Florida, U.S.)

·Ashok Jagathrakshakan, Founder and President at Azuyo (Bangalore, India)

·Ajit Narayanan, Engineer and Founder at Invention Labs (Chennai, India)

You can find more information and register to attend.

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6,775,235,700

That's the world population 2009 according to Google who uses World Bank, World Development Indicators as its source (illustrated).

According to About.com Geography:  World population as of May 11, 2011 is 6,852,472,823.

What percent of the world population are you selling?  Do you think we will hit 7 billion by 2012 or sooner?

Related post(s) on worldly population issues.

No. 2 Most Difficult Market to Enter in the World?

China is considered the No. 1 most difficult market to enter and the United States is No. 2 despite attractive growth opportunities.  That's according to a new global report by international legal practice Allen & Overy.
The United States ranks third globally for growth opportunities behind China and India, but second behind China for perceived barriers to entry.
 Read the entire report here.

Results run counter to the World Bank's Ease of Doing Business Rankings which shows the United States No. 4.  Once you break into the market, one could say it's easy to do business in USA?

Photo courtesy:  USA at Night (NASA)

Phil Simon: Why New Systems Fail - Blog Business Success Radio

Listen to Wayne Hurlbert on Blog Talk Radio



Leading independent technology consultant, and author of the landmark and very hands on book Why New Systems Fail: An Insider's Guide to Successful IT Projects, Phil Simon, describes why so many technology initiatives fail for so many companies. Phi Simon points out that an alarming three out of five new IT projects fail. Some miss deadlines, others exceed their initial budgets, some fail to produce expected results, while others experience major problems almost immediately. Phil Simon understands that things don't have to be that way for new IT projects. He shares ideas for creating the necessary framework to ensure success, including the right tools and insights that are proven in the real world. Learn the root causes of IT systems failures, and discover how to prevent problems from derailing your new IT system project.

Phil Simon is my internet radio show guest on Blog Business Success; hosted live on BlogTalkRadio.

The show airs live on Thursday, September 29, at 8:00 pm Eastern Time; 5:00 pm Pacific Time.

Leading independent technology consultant, and author of the landmark and very hands on book Why New Systems Fail: An Insider's Guide to Successful IT Projects, Phil Simon, describes why so many technology initiatives fail for so many companies. You will learn:

* Why so many IT system implementations fail

* How to plan a new IT system project for success

* Why getting everyone in the organization on board is critical

* How to keep the new IT system operating smoothly

Phil Simon (photo left) s the author of the The New Small: How a New Breed of Small Businesses Is Harnessing the Power of Emerging Technologies (Motion, 2010),Why New Systems Fail: An Insider's Guide to Successful IT Projects (Cengage, 2010) and The Next Wave of Technologies (John Wiley & Sons, 2010).

A recognized technology expert, he consults companies on how to optimize their use of technology. His contributions have been featured on ZDNet, the American Express Open Forum, ComputerWorld, The New York Times, The Globe and Mail, ReadWriteWeb, abcnews.com, forbes.com, and many other sites.

While not consulting, Phil speaks about emerging trends and technologies. He also writes for a number of technology-oriented media outlets. He received a BS in policy and management from Carnegie Mellon University and a masters in industrial and labor relations from Cornell University.

My book review of Why New Systems Fail: An Insider's Guide to Successful IT Projects by Phil Simon.

My book review of The New Small: How a New Breed of Small Businesses Is Harnessing the Power of Emerging Technologies by Phil Simon.

Listen live on Thursday at 8:00 pm Eastern, 5:00 pm Pacific time.

BlogTalkRadio.com

If you miss this very informative show, it will be available for free download as a podcast for iPod, iTunes, and MP3 players; or play it right on your computer. To download this, or any other of my guest interviews, go to the Blog Business Success host page and click on Archived Segments. Once there, click on the podcast icon at the end of the episode description, to download the show free of charge for your listening enjoyment. You can also subscribe to the show feed.

Add to iTunes

To call in questions for my guest, the number is: (347) 996-5832

Let's talk with leading independent technology consultant, and author of the landmark and very hands on book Why New Systems Fail: An Insider's Guide to Successful IT Projects, Phil Simon, as he describes why so many technology initiatives fail for so many companies. Phi Simon points out that an alarming three out of five new IT projects fail. Some miss deadlines, others exceed their initial budgets, some fail to produce expected results, while others experience major problems almost immediately. Phil Simon understands that things don't have to be that way for new IT projects. He shares ideas for creating the necessary framework to ensure success, including the right tools and insights that are proven in the real world. Learn the root causes of IT systems failures, and discover how to prevent problems from derailing your new IT system project on Blog Business Success Radio.

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Why New Systems Fail by Phil Simon - Book review




Why New Systems Fail

An Insider's Guide to Successful IT Projects


By: Phil Simon

Published: February 23, 2010
Format: Paperback, 351 pages
ISBN-10: 1435456440
ISBN-13: 978-1435456440
Publisher: Course Technology PTR












"Although the specifics vary quite a bit based on the industry, the type and scope of the new system, many system failures have similar root causes, issues, costs, and ultimately, consequences", writes technology consultant, speaker, and thought leader Phil Simon, in his landmark and very hands on book Why New Systems Fail: An Insider's Guide to Successful IT Projects. The author describes the major causes of new information technology (IT) system failures, and provides strategies for preventing problems at any point during or after system implementation.

Phil Simon understands that many companies lack the knowledge or information necessary for planning, purchasing, installing, operating, and maintaining a new or replacement IT system. While the author points out that many of the more specific causes of disappointment and breakdown may vary from industry to industry, the same basic issues are common to most unsatisfactory implementations. Phil Simon delves into the real root causes of problems that create and stem from even the most seemingly well planned and timed system activations. The author shares his considerable experience in all aspects of IT system implementation from the initial planning stages, through selection and installation, training and responsibility of staff, long term maintenance, and eventual replacement.



Phil Simon (photo left) offers a viable and pragmatic approach to implementing a new IT system, either as an initial venture or as a replacement for an existing legacy system. The author understands the critical importance of planning a strategy for purchasing, establishing, operating, and maintaining a system prior to taking action. Without appropriate planning in place, even top quality and well suited systems can result in breakdown and eventual failure.

Phil Simon offers insights into the four most common sources of failure and how to mitigate their inherent problems:

* The unmitigated disaster
* The big failure
* The mild failure
* The forthcoming failure

For me, the power of the book is how Phil Simon combines a theoretical analysis of the causes and consequences of IT system failure, with some very practical and real world based strategies and solutions to achieve a successful system implementation. The author guides business leaders, decision makers, and system users through the entire process from the planning stage to the eventual long term replacement with another new system.

Phil Simon not only addresses the technical aspects of an IT installation project from a project management perspective, but also examines and shares ideas for working effectively with the people involved in the process. All too often, people are left out of the process, and Phil Simon includes leaders, IT personnel, and other managers in the entire event from the very beginning. The author also shares some helpful case studies, that illustrate the principles offered in the book, to demonstrate the strategies at work in the real world.

I highly recommend the definitive and must read book Why New Systems Fail: An Insider's Guide to Successful IT Projects by Phil Simon, to anyone in any industry who is considering the installation of a first IT system, or the replacement of an existing legacy IT system. This book will help business leaders, decision makers, and staff people navigate the entire implementation process, and to avoid the all too frequent sources of failure that have derailed even the most well planned implementations.

Read the essential and proven strategy packed book Why New Systems Fail: An Insider's Guide to Successful IT Projects by Phil Simon, and discover how to plan and put a successful and reliable IT system into action in your organization. This book will not only demonstrate the right way to instal and implement a great IT system, but will help you to avoid the mistakes that cause current and future disasters as well.

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Just Say "Yes" to Free Trade

Daniel Griswold (pictured), director of the Herbert A. Stiefel Center for Trade Policy Studies at the Cato Institute and author of “Mad About Trade: Why Main Street America Should Embrace Globalization” (2009), says:
Republican leaders in Congress have been ready from day one to advance free trade by approving three pending trade agreements, with South Korea, Colombia and Panama. President Obama also favors the agreements, as do enough congressional Democrats to ensure their passage.
While the agreements probably will not put a visible dent in the U.S. unemployment rate, they will create better-paying jobs and more prosperity for American households.
Read the entire commentary here.

Related post:

Mad About Trade and By Golly, I am Going To Do Something About It!

Blog Business Success Fifth Anniversary Show - Blog Business Success Radio

Listen to Wayne Hurlbert on Blog Talk Radio



Along with members of the BlogTalkRadio community,former guests, and friends, we celebrate my my five fun filled years hosting Blog Business Success on BlogTalkRadio. Feel free to call in and voice your opinions about the show, my topics and guests, and the tremendous service provided on BlogTalkRadio. It's a real honor and a privilege to be a host and a member of the BlogTalkRadio family. Thanks to BlogTalkRadio CEO Alan Levy for creating this wonderful internet radio platform.

To call in with your questions and comments, the number is: (347) 996-5832

All of you are my internet radio show guests on Blog Business Success; hosted live on BlogTalkRadio.

The show airs live on Tuesday, September 27, at 8:00 pm Eastern Time; 5:00 pm Pacific Time.

Listen to Wayne Hurlbert on Blog Talk Radio

Listen live on Tuesday at 8:00 pm Eastern, 5:00 pm Pacific time.

BlogTalkRadio.com

If you miss this very informative show, it will be available for free download as a podcast for iPod, iTunes, and MP3 players; or play it right on your computer. To download this, or any other of my guest interviews, go to the Blog Business Success host page and click on Archived Segments. Once there, click on the podcast icon at the end of the episode description, to download the show free of charge for your listening enjoyment. You can also subscribe to the show feed.

Add to iTunes

To call in with your questions and comments, the number is: (347) 996-5832

Let's talk with with members of the BlogTalkRadio community,former guests, and friends, we celebrate my my five fun filled years hosting Blog Business Success on BlogTalkRadio. Feel free to call in and voice your opinions about the show, my topics and guests, and the tremendous service provided on BlogTalkRadio. It's a real honor and a privilege to be a host and a member of the BlogTalkRadio family on Blog Business Success Radio.

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SCORE's Outstanding Woman-Owned Business Winner

And the SCORE 'Outstanding Woman-Owned Business Winner' is:

School House run by Rachel Weeks!

Instead of searching the world for her goods, they are Made in America (as illustrated).

Learn more about all the SCORE winners by reading Steve Strauss's Ask the Expert column over at USA Today.

Congrats to all the winners!

Help! for Writers by Roy Peter Clark - Book review



Help! For Writers

210 Solutions to the Problems Every Writer Faces


By: Roy Peter Clark

Published: September 21, 2011
Format: Hardcover, 304 pages
ISBN-10: 0316126713
ISBN-13: 978-0316126717
Publisher: Little, Brown and Company









"Writing is not magic. It's a craft, a process, a set of steps. As with any process, things sometimes break down. Even in a good story, the writer runs into problems. So the act of writing always includes problem solving", writes accomplished author, and Vice President and Senior Scholar of the world-renowned Poynter Institute, Roy Peter Clark,in his very comprehensive and hands on book Help! For Writers: 210 Solutions to the Problems Every Writer Faces. The author provides a highly practical and step by step process, for solving even the most seemingly intractable writing problems, that restarts the creative process for even the most frustrated writer.

Roy Peter Clark understands that all authors face challenges and blockades at some point in the overall writing journey. Somewhere between the finding the idea and the conclusion of the work, the writer may find times where the story or narrative gets lost on the voyage. Instead of either telling the writer to simply work harder or find a new muse, Roy Peter Clark deconstructs the writing process into its component parts. As with any process, breakdowns can occur, and this book provides a repair and operating guide that offers real solutions to the most common writing challenges. Roy Peter Clark categorizes the most vexing issues, that are common to all writers and writing efforts, into user friendly segments that help the author create and complete the book with fewer headaches.



Roy Peter Clark (photo left) recognizes that writing and the act of creation are not some romantic vision from the great unknown, but a real process like any other building type. In this case, what is being developed and built is a story, that will result in a book that finds a reading audience. For Roy Peter Clark, the concept of process means that each step is likely to be repeated over and over, by every author that begins the book creation journey. The author examines and breaks down the writing process in the same way that a mechanic or carpenter would consider the various aspects of their own processes.

Roy Peter Clark examines the writing process through seven basic steps, that address similar problems and locations within the process, common to all authors:

* Getting started
* Getting your act together
* Finding focus
* Looking for language
* Building a draft
* Assessing your progress
* Making a draft

For me, the power of the book is how Roy Peter Clark reassesses the overall concept of writing, and the various obstacles that can prevent it taking place, and applies a systems analysis type solution. The author reinvents the entire premise of writing a book, as being one of a repeatable and manageable problem solving process. Through this critical insight, Roy Peter Clark transforms the entire dynamic of writing from one based on some romantic ideal of alleged flashes of creation, to one of finding solutions to frequently encountered writing challenges.

By breaking the process down into a series of steps and milestones, the Roy Peter Clark removes that sense of being overwhelmed by an incomprehensible project. Instead, the writing of a book becomes a series of everyday problems with proven solutions, with discernible milestones met and passed along the way to completion. The author also shares his list of favorite books on writing to help authors find additional information and ideas for their current and future book projects.

I highly recommend the essential and idea packed writers' guide book Help! For Writers: 210 Solutions to the Problems Every Writer Faces by Roy Peter Clark, to any current or aspiring authors seeking real and readily applicable solutions to the most frequently encountered writing problems. This book provides a valuable source of techniques and strategies for overcoming those barriers to completion of the work.

Read the engaging and very hands on book Help! For Writers: 210 Solutions to the Problems Every Writer Faces by Roy Peter Clark, and discover that writing a book shares much in common with other crafts, trades, and creative endeavors. Instead of being dependent on some distant and difficult to conjure muse, writing is a craft that can be involves a system of problems and solutions. This book will change the way you think about and approach the writing process. It will also help you and guide you toward the goal of a completed and ready to publish book.

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The Progress Principle by Teresa Amabile & Steven Kramer - Book review




The Progress Principle

Using Small Wins to Ignite Joy, Engagement, and Creativity at Work


By: Teresa M. Amabile, Steven J. Kramer

Published: July 19, 2011
Format: Hardcover, 272 pages
ISBN-10: 142219857X
ISBN-13: 978-1422198575
Publisher: Harvard Business Press











"Management, when done well, can propel an organization toward success while enhancing the lives of people working within it. And when managers accomplish these two goals, their own inner work lives will be uplifted", write Edsel Bryant Ford Professor of Business Administration and a Director of Research at Harvard Business School, Teresa Amabile, and leading development psychologist, Steven Kramer, in their pioneering and thought provoking book The Progress Principle: Using Small Wins to Ignite Joy, Engagement, and Creativity at Work. The authors describe the importance of a happy and fulfilled inner life for employees, and how these engaged and empowered employees create a high performance and profitable company.

Teresa Amabile and Steven Kramer recognize that conventional management thinking and practice is not effective in creating joy and engagement at work. Through their extensive research, involving hundreds of managers, the authors confirmed that managers have a fundamental lack of understanding of employee motivation. This failure grasp the true meaning of motivation was shared by managers at all organizational levels, and at locations all around the world. The authors discovered, through their research, that facilitating progress, even in small winning steps, resulted in an ever more engaged and motivated employees. Despite these findings in support of progress, the managers interviewed for the survey, ranked supporting progress the least important motivational factor.



Teresa Amabile and Steven Kramer (both in photo left) present the case for nurturing and developing progress as crucial to a motivated workforce. The authors share their research findings as a guide to facilitating progress, regardless of its size or magnitude, as a key to employee motivation. Through developing an employee's inner life, managers will discover an enhanced external productivity boost. The study found that inner work life is so critical to a company's overall success, that neglecting the workforce's inner work life will lower the performance of even the best business strategy.

Because inner work life is so deeply influenced by events, both large and small at work, it's of paramount importance for leaders to recognize and improve the inner work life of everyone in the organization. The authors identified three key events that supported the inner work life of employees:

* Progress in meaningful work
* Catalysts as events that help project work
* Nourishers as events that uplift the spirits of people at work

For me, the power of the book is how Teresa Amabile and Steven Kramer combine top level research results with practical and actionable concepts for building an employee's inner work life. The authors share their ground breaking research in an understandable and format that guides business leaders toward creating an organization that both engages and empowers employees. The recognition that engaged employees, are one of the key ingredients to developing an top performing company, turns traditional management theory upside down.

The authors demonstrate clearly that the old ideas of management are not only counterproductive, but also result in lower productivity and a reduced bottom line. The case studies, of both successful and less profitable companies, underlines and illustrates the value of the research data for any company.

I highly recommend the landmark book The Progress Principle: Using Small Wins to Ignite Joy, Engagement, and Creativity at Work by Teresa Amabile and Steven Kramer, to any business leaders, at any level and in any industry, who are seeking a statistically valid study into enhancing employee motivation. This book will transform the way business leaders and managers think about employee engagement and empowerment, and seek to instil them into all levels of their organizations.

Read the important and productivity increasing book The Progress Principle: Using Small Wins to Ignite Joy, Engagement, and Creativity at Work by Teresa Amabile and Steven Kramer, and discover how engaged and empowered employees will increase your company's performance and improve your business bottom line. You will never return to the older and outmoded theories of employee motivation again.

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1964: The Tallest Residential Buildings and the Tallest Reinforced Concrete Structures in the World

Marina City Towers, ©Laurel Delaney 2011
The Marina City Towers (as shown) were designed in 1959 by architect Bertrand Goldberg and completed in 1964 at a cost of $36 million. When finished, the two towers were both the tallest residential buildings and the tallest reinforced concrete structures in the world.
The complex consists of two high rise corncob-shaped 65-story towers (including five-story elevator and physical plant penthouse), at 587-foot (179 m) tall. It also includes a saddle-shaped auditorium building, and a mid-rise hotel building, all contained on a raised platform adjacent to the river. Beneath the raised platform at river level is a small marina for pleasure craft, giving the structures their name.
Learn more here.

Photo credit: ©Laurel Delaney 2011, "Marina City Twin Towers, Chicago, Illinois, United States"

If You Are a Band, Here's What You Need to Do to Go Global

An interview at Undertheradar:
Going Global is about getting bands to recognize what they need to do to be successful overseas. What are your recommendations for New Zealand bands if they were going to the UK to get their music on radio or to get noticed more generally?

Radio play is something where the sound needs to be right for the UK audience and obviously I don’t know everything that’s going down here but I feel like there is New Zealand stuff over in the UK that is appropriate and that perhaps some New Zealand bands wouldn’t travel as well. If a band’s going to go all the way to the UK don’t just go for a week. They should go, have a ...
Read more:  Jen Long (BBC1) - Interviews at Undertherader

Photos from Going Global Music Summit 2011 (pictured above)

Share Your Export Success Story

Deadline extended to:  September 30, 2011

One Way to Expand a Small Business Is To Export

More and more small businesses are positioning themselves to go global.
"According to small businesses, the only way a business can expand is to export," said trade consultant Al Elgendy at a recent San Bernardino Economic Development Agency workshop for entrepreneurs looking to expand globally, as quoted by the Inland Valley Daily Bulletin. "It reduces the dependency on the domestic economy. When there's a downturn in the economy, the only way to expand is to go global."
Read more here.

Global Study On How Family Businesses Manage Companies During Uncertain Times

In a study conducted by the executive search firm Egon Zehnder International, 720 executives were asked about their experience of family businesses.  Respondents included family business owners and executives from the Americas, Asia-Pacific and Europe. 
One of the biggest challenges for family businesses is recruiting top talent and integrating them into structures that have evolved over the years and that are often perceived as being short on transparency. When asked why they would not work for a family business, 40 percent of the executives surveyed name a lack of career prospects.  
Read more here.

Illustration credit here.

Let the Good Times Roll; Let the Small Businesses Go Global

More on how small businesses are going global.

Just the facts:
Facilitating small-business exports of goods and services is a top priority for the Small Business Administration and Export-Import Bank of the United States, which are following Obama administration goals to double exports by 2014.

The U.S. exported a total of $178 billion in goods and services in July -- an all-time high, according to data from the Bureau of Economic Analysis as cited by the Export-Import Bank.

In the Jobs Act signed into law in September 2010, President Barack Obama allowed for the SBA to increase its ability to provide export-related financing by raising SBA 7(a) loan limits to $5 million from $2 million on export-related loans.

The law made the SBA Export Express loan permanent, with a 90% guarantee for loans up to $350,000 and 75% for loans between $350,000 and $500,000, according to the SBA. It also provides three-year state grants of up to $90 million to help small-businesses owners grow the exporting side of their businesses.

In early August, the Export-Import Bank said it had hit a record $24.5 billion for export-related loan authorizations. The bank's financing supports more than $31.5 billion of export sales and 213,000 U.S. jobs, including 2,548 small-business export jobs.
Read more here.

Illustration credit here.

World: To Be Creative, Hide Your (Re)Sources

“The secret to creativity is knowing how to hide your sources.” ~ Albert Einstein

Photo credit ©Laurel Delaney 2011, "Horse Flower Power"

Are You Short On Core Competitiveness?

According to People's Daily Online, Chinese businesses ought to do better in the overseas market.
It is true that Chinese enterprises should improve themselves when going global. Compared with large European and American transnational enterprises, most of Chinese enterprises going global are low and middle-end industries. Most of them are traditional contractors. Their primary businesses do not involve science and technology as well as high added value, which make them short of core competitiveness.
Read the entire article here.

Not exactly sure what core competitiveness is?  I am aware of core competencies so I did some checking on core competitiveness ... a lot of Chinese reference this theory:

Identification, Formation and Maintaining of Core Competitiveness of an Enterprise

Discussions on the Core Competitiveness of Tourism Industry

How to Build the Core Competitiveness of Enterprises

America's Future Depends In Part on Globalization

That's according to: America Needs a Makeover
“America's future—and the future of the world beyond America—depends on how well we deal with” four issues, they argue ... globalization ...
Read more here.  And Thomas Friedman is quoted.

Illustration credit, Amazon.com:  That Used to Be Us:  How America Fell Behind in the World It Invented and How We Can Come Back by Thomas Friedman and Michael Mandelbaum

Posted by:  The Global Small Business Blog

Using Trade Data As Competitive Business Intelligence

Here's a great best practice on how to use international trade data as a competitive weapon for your growing global business. In this case, a vitamin manufacturer monitors their competition to get an international leg up.
One quick search by company, of imports from China could provide them with irrefutable facts of what was imported and where it came from, allowing them to continue selling their high-end product and protect their existing customer base.
Learn more here.

Illustration credit:  PIERS

A New Concept: Business Without Borders!

Business without borders, borderless business, Borderbuster - call it what you wish but in this case, HSBC unveils its new international business website geared toward U.S. companies involved in international business.
“Business without Borders” is billed as a “knowledge exchange” tool that offers industry-specific articles and commentary about global business. It includes content from The Wall Street Journal, Bloomberg Master Class and The Economist Intelligence Unit.

Beyond articles, it also allows business leaders to track global trade trends and identify the most promising locations for international expansion. Certain information is available only to those who register as members of the site.
Business Without Borders (BWB)
www.businesswithoutborders.com

Read more about this here.  BWB claims to be the first-of-its-kind knowledge exchange in the United States.

Illustration credit: Business Without Borders | Trade Connections Tool

Posted by The Global Small Business Blog (founded in 2004 for entrepreneurs and small businesses interested in going global).

Note to HSBCCome to us when you launch your small business channel.

Using Distance As a Global Opportunity

“From day one the idea was to go global.  We’re in such a small market for games, you really don’t have a domestic market so you’re forced to go across the pond. This is a blessing in many ways and has served us fairly well.” ~ Matias Myllyrinne, CEO of Remedy Entertainment.

Find out how an Espoo, Finland-based company, Remedy Entertainment, goes after the biggest gaming market in the world:  the United States.

Game Theory:  Go Global or go home

Illustration credit:  Remedy Entertainment 

1973: The Tallest Building in the World

Willis Tower, Chicago, Illinois, United States

Photo credit: ©Laurel Delaney 2011, "Photograph taken from car at a stoplight, looking straight up."

Doing Good While Going Global

Over at the Crain's Chicago Business blog (under the "global" entrepreneurial banner), we interview Kate Koziol, the founder of Chicago-based K Squared Communications, to find out the importance of crossing borders to do good. In addition, Ms. Koziol shares her best practice on how to promote social-agency programs on a limited budget.

Read: Reaching Across Borders For Social Improvements

Illustration credit:  CIA, The World Factbook

Posted by:  The Global Small Business Blog

Reaching Mexico's Consumer Base

Based in Miami, GEE International, LLC is the U.S. based sales and marketing arm of Grupo Editorial Expansión, a Time Inc. Company since August, 2005. GEE International is the ideal source for American and international companies to reach Mexico's most affluent and diverse consumer base.

With more than 40 years experience, GEE is Mexico's leading publisher of high-end magazines.

Have a look at Expansion Magazine's 50 Most Powerful Women of 2011.

Punish Americans Who Outsource?

I don't mind getting China to play fair but do you really think we should punish folks in the United States for outsourcing?  Refer to No. 5.

6 ways Washington could create jobs

Elizabeth, have you heard of President Obama's National Export Initiative?

Photo credit:  President Obama in Detroit, Michigan U.S.A. (9.5.11)

Discover How To Use an Inspection Certificate

Inspection certificates 101:
When shipping high-value products or when you are dealing with a very conscientious customer, an inspection certificate might be requested. An inspection certificate provides proof that what you are shipping is, in fact, what the customer ordered, and is also of good quality. 
Learn more (including companies who do this sort of work) here.

Illustration credit:  SGS

Rebuilding Our World Together ... Hand In Hand

"I've learned that you shouldn't go through life with a catchers mitt on both hands.  You need to be able to throw something back."  ~ Maya Angelou

Photo credit:  ©Laurel Delaney 2011, "Lend a Hand," Rogers Park, Illinois, U.S.A., artist mural

Made In China: Frisbee Versus a Stuffed Toy Animal

I love analysis and this one's a doozy.  Pass it along to anyone who might benefit.  It's interesting (don't know if it is all necessarily accurate)  I welcome your comments to challenge or agree with what's said.

An excerpt from, "Why is China Cheaper?"
Most people would say the answer is obvious -- lower wages in China compared to the United States. However, that answer is only partially true. Why? Because labor is only one part of the total cost of a product, and in many cases it's as low as 20% of the total cost.

Let's compare two simple products that are primarily made in China: a stuffed toy animal for a baby and a Frisbee.
And the winner of the product -- frisbee or stuffed toy animal -- made the cheapest in China is ...

5 Keys to Walton's Worldwide Success

My latest contribution over at the American Express OPEN Forum via Small Biz Trends.  Hope you get some ideas from it.  Sam (pictured) was quite the leader.

5 Lessons From Sam Walton

Photo courtesy:  Wal-Mart