GLOBAL AGILITY FOR BUSINESS
You can either take Globalization on the chin or you can use its momentum to succeed.
GLOBALIZATION:
PERSONAL ECONOMIC THREATS / OPPORTUNITIES
IF YOUR JOB CAN BE DONE BY SOMEONE OVERSEAS FOR 1/5 THE PAY SHOULD YOU BE LET GO?
Do you have a plan for moving up the value chain to safety?
How would you like to work overseas and build up a “nest egg”?
WHAT WOULD YOUR YEAR BE LIKE IF FOREIGN PRODUCERS STARTED FLOODING YOUR MARKET WITH LOWER-PRICED PRODUCTS?
Do you have a plan for moving your company up the value chain to safety?
DO YOU KNOW IF YOUR COMPETITORS ARE
“OUTSOURCING” INTERNATIONALLY, DRIVING DOWN THEIR COSTS?
BETTER ABLE TO SELL TO NON-ENGLISH SPEAKING MARKETS IN THE USA?
EXPORTING SUCCESSFULLY?
OWNED/FUNDED BY A FOREIGN COMPANY?
Do you have a plan to ensure local loyalty or to “fight fire with fire”?
Do you have a plan to not leave 20% of the market on the table?
Are your competitors more profitable and better able to weather domestic downturns?
Are they being subsidized to achieve the strategic goal of entering the US market?
WHAT IF A FOREIGN COMPANY BUYS YOURS? SUDDENLY YOUR BOSS IS IN ANOTHER COUNTRY. IS THE REST OF YOUR CAREER PLAN ON THE OTHER SIDE OF THAT GLASS-CEILING?
WHAT WOULD IT BE LIKE IF HALF YOUR COMPANY SPOKE ENGLISH-AS-A-2ND-LANGUAGE?
HOW AWKWARD WOULD YOU FEEL LEADING A VIRTUAL-MEETING WITH COLLEAGUES FROM DIFFERENT CONTINENTS, TIME-ZONES, AND CULTURES ALL WORKING HARD TO EXPRESS THEMSELVES IN ENGLISH?
How do you manage a multi-cultural work force?
How do you plan to break through that “foreign-country ceiling”?
Your job and career are online and on the line. How’s your “cross-cultural” performance?
Regarding Stocks, Bonds, Prices, Property values, etc.
HAVE YOU EVER PUT A BULL MARKET TO SLEEP THEN WOKEN UP TO A BUNCH OF BEARS HEADING FOR THE DOOR BECAUSE OF:
GLOBAL NEWS THAT UPENDED “DOMESTIC FUNDAMENTALS”
A CRISIS IN THE “INTERNATIONAL SYSTEM”
A CRISIS BETWEEN TWO COUNTRIES YOU CAN’T FIND ON THE MAP
A CRISIS IN A STOCK MARKET SOMEWHERE THAT HAS LESS TOTAL VALUE THAN ONE GOOD SIZED AMERICAN COMPANY (EX. RUSSIA 1998)
WAR
CORRUPTION
A BROKEN GLOBAL SUPPLY-CHAIN
A TIT FOR A TAT IN A TRADE WAR
SOMEONE SHINING THE LIGHT ON OUR NATIONAL DEBT-TO-GDP RATIO
What do you do when “domestic” doesn’t describe your sector of the economy or your “trans-national” company?
What do you do when global factors have a significant impact on the valuation of the assets that concern you?
