Globig Weekly Global Growth Newsletter

The global scene is constantly changing, with new opportunities and challenges every day. You’ll want to stay in the know and we’re here to help. Enjoy Globig’s weekly curation of insights on how to expand your business, locally and globally.  We’re also including more content directly focused on expanding into new markets: insider knowledge on marketing, sales, demand generation, strategy, regulations, culture and more. Let us know if you have any feedback for us at editor@globig.co.

GLOBAL

How To Go Global With Your Business
Via Entrepreneur: How a brand can prepare to go global and what they should consider before setting foot across the sea. Read More

Europe’s Bankruptcies Are Plummeting. That May Be a Problem.
Via The New York Times: Governments have extended national programs to keep troubled businesses afloat, but the aid may only be postponing a painful reckoning. Read More

Be Kinder To Yourself
Via Harvard Business Review: How to steer your inner monologue toward compassion. Read More

TESTING

Lean Philosophy: The Way Of Business That Gave Rise To Industry Giants
Via Forbes: As a business philosophy, lean focuses on creating value for customers by removing product-related preconceptions and ideas from the organization. Through constant market testing and customer insights, you create the most customer-centric business model/product to achieve maximum efficiency. Read More

Consumer Sentiment Is Shifting Quickly. Here’s How Businesses Are Keeping Up.
Via Street Fight Magazine: How can mid-size businesses keep pace with larger competitors if they don’t have access to the same technologies? Read More

7 Tips To Enter A New Market And Experience Rapid Growth
Via Entrepreneur: Use this strategy to experience fast success after launch. Read More

ANALYTICS

How Data, Analytics & AI Shaped 2020, and Will Impact 2021
Via InformationWeek: Artificial intelligence and automation were key tools in the IT enterprises’ pandemic war effort in 2020. Here’s how they will continue to change the game in every organization in 2021. Read More

How Data Analytics Help Medium-Sized Businesses Face Emerging Disruption
Via Forbes: Whether it’s a break down in supply chain operations, sharp decline in demand, or surge of consumer stockpiling, every midsize company knows they could have handled the situation better – only if they had advanced notice. Read More

Your Custom Model Didn’t Work… Now What?
Via AdExchanger: Data driven marketing is at its best when powered by predictive analytics. Read More

AUTOMATION

What Is Marketing Automation?
Via Business News Daily: Implement marketing automation software to increase marketing campaign ROI and overall work efficiency. Read More

Business Could Be On The Precipice Of An Automation Explosion
Via Fortune: Factory worker jobs could be further at risk as the pandemic accelerates plans. Read More

14 Strategies To Prepare Your Company For The Automation Revolution
Via Built In: Members of the Young Entrepreneur Council share how to prepare your company for greater integration of artificial intelligence. Read More

ASIA PACIFIC

Under Biden, China Faces Renewed Trade Pressure
Via ABC News: The US-Chinese trade war isn’t going away under President Joe Biden. Read More

Business Name Registration In China To Become Easier
Via China Briefing News: Starting March 1, 2021, the process for business name registration in China will be digitized and based on a system of independent declaration. Read More

Singapore – Majority Of Companies Remain Confident In Sustaining Business Despite Covid-19 Impact
Via Staffing Industry: The majority, or 63%, of businesses in Singapore reported being negatively impacted by the Covid-19 pandemic, with an average decline in revenue of 31%. Despite the challenges faced in an uncertain economic climate, 69% of companies were confident in sustaining their business over the next 12 months, according to a survey from the Singapore Business Federation. Read More

EUROPE + UK

First Flashes Of Brexit Trade Trouble Appear In UK Data
Via Reuters: Early signs of disruption caused by Britain’s shift to its new, less open trading relationship with the European Union are emerging in economic data. Read More

UK-EU Trade Tariffs After Brexit: What Businesses Need To Know
Via The Telegraph: Messy fine print and rules of origin muddy the waters for businesses looking to trade with the EU. Read More

UK Ministers Rethink Plans To Rip Up EU Regulations
Via FT: Business secretary cancels post-Brexit review of worker’s rights after Labour opposition. Read More

North America

With Vaccinations On The Rise, US Economy Remains In The Waiting Room Via Channel News Asia: US policymakers are touting the gradual rise in the number of people who have received a coronavirus vaccination as the beginning of the end of the economy’s fight with the pandemic, but real-time data suggests the awaited rebound is still at the starting line. Read More ‘Buy American’ Is Welcomed By Manufacturers Via NBC News: Businesses making personal protective equipment at home are particularly well-placed to reap benefits. Read More As The U.S. Leads The Way On Green Growth Canada Must Make Better Bets Via CBC: In a post-Trump era, US business and government action this week show Canada’s economic growth can’t depend on fossil fuel growth. A new report makes a case the government should be taking risks instead on green innovation. Read More

A BIT OF CULTURE:
Finland

Finland – Language, Culture, Customs, And Etiquette Via Commisceo Global: Guide to Finnish business culture, society, language, etiquette, manners, and protocol. Read Mor Space To Think – A Journey Into Finnish Arts And Culture Via Visit Finland: Enjoying arts and culture in Finland means taking a trip deep into the folklore of our past and a vision of a sustainable future. Take a tour of Finland’s unique culture spots and hidden gems. Read More [Video] Song Of The Week: Jaakko Laitinen & Väärä Raha: Jumalat Jumalat Via YouTube: This surreal music video is a lot of fun. Jaakko Laitinen & Väärä Raha released a new album, Börek, in 2020. Watch Here