Creating Business Success on a Global Scale

Small businesses serving a town or region are quaint and certainly necessary, but other businesses look to larger goals across the world. Building a global company takes a savvy professional at the helm, such as Sukanto Tanoto, and a strong vision. Although assets certainly play a part in global expansion, it’s also necessary to understand your product and how it impacts other cultures. From cultivating material purchases in foreign lands to just getting your name into consumer’s minds, creating a business across the globe takes intricate steps. (more…)

The Toyota Way: A Guide to Globalization

Welcome to the wonderful world of lean manufacturing and cost cutting initiatives, unfortunately this is here to stay as companies look to increase efficiency.  During my MBA program I took the course MGT 705-50 or Global Economic Climate for short.  One of the course objectives was to be able to evaluate a company that has been successful in going global.  Anyways here was the final assessment of the course we had to do a thorough analysis of a firm and its industry in terms of its actual and potential globalization, and the extent to which the firm’s competitors have global...