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Posts tagged ‘global business consulting’

What is a Short Trip?

Yes, I was being a bit selfish with my colleague from Australia.  We were talking on the phone.  I invited her to attend a conference being held in Louisville, Kentucky USA.  That is only 15 minutes from my home.  My selfish reason for the invitation?  I wanted to visit with her.  She is a delightful woman, and such fun!  In my defense, however, I also knew she would enjoy the conference.

As we were concluding our conversation, she apologized for declining my invitation.  She already had several other international business trips planned for the year.  She went on to comment, “In addition to all those long trips, I have a fun vacation planned nearby.  It’s just a short trip.  It will only take about 10 hours to get there.”

Nearby?  Short?  Only 10 hours?  Before I could laugh, I realized she was serious.

Perspective Check!

From her perspective, that is a short trip.  She lives in Tasmania, an Australian state and an island – located about 240 kilometers south of the mainland of Australia.  In other words, it is remote.  In old-fashioned American slang – that is more than just “a hop, skip, and a jump” away.  If she wants to go anywhere, it takes awhile.

In fact, if she were to attend the conference I had mentioned (sponsored by the National Association of Women Business Owners www.NAWBO.org), it would take her about 35 hours to travel here – each way.  After I considered her perspective, I realized that 10 hours can be a short trip.

How is your perspective different from the person you’re communicating with?
How do you need to adjust your communication?

By Kelly Watkins, MBA, Global Thought Leader

Note:  I’m proud to be a member of NAWBO (National Association of Women Business Owners) for 15+ years and am Past Chair of Global Development.

What is poor communication costing you or your organization? How can your organization be more effective to compete in a global market? Find out: www.LeadershipGlobalWomen.com and www.KeepCustomers.com

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East Asian Countries Switch from Raid to Trade

Many East Asian countries are shifting their paradigm from raid to trade – according to Ambassador of Republic of Korea to the United States, Y.J. Choi.

Yes, it’s probably the professional speaker part of me that loved the way that expression sounded when the Ambassador said it – “from raid to trade.”  But, I also appreciated the concept.

Ambassador Choi explained his thoughts during a World Trade Center event (www.WTCKY.org) that I attended last week.  He said East Asian countries are transitioning from raid (military/warfare) methods of obtaining what they want to trade methods.

The old school of thought was, “Don’t help them (that other country).  They’ll just turn against us later.”  In other words, conflict is inevitable.

The new school of thought is, “Let’s look at ways to expand trade.”  This not only builds economies, it will help to make the world more peaceful and stable.  (I also like the sound of that.)

According to the Ambassador, East Asia currently accounts for 30% of all global economic output.

What opportunity does that offer your company? 

In March, the US and Korea signed a Free Trade Agreement.  That means, if you’re a US exporter, there will be no tariffs on exported products (well, 95% of all products).

Since I live near Louisville, Kentucky, I was intrigued to hear that Korea imported a previous Kentucky Derby contender to help start their horse racing industry.  In fact, Kentucky ranks number 11 of all US states in exports to Korea.

Regardless of where you live in the world, you never know what you might be able to export to Korea or East Asia.  Or, if you are in East Asia – what can you export to us?  Opportunity!

How does this change your perspective?  How can you take advantage of a “trade instead of raid” mentality?

By Kelly Watkins, MBA, Global Thought Leader

Note:  I’m proud to serve on the World Trade Center KY Education Committee – as the representative from the District Export Council (DEC) on which I sit.  The DEC is overseen by the US Department of Commerce and membership on the Council is approved by the US Secretary of Commerce.   

 What is poor communication costing you or your organization?  How can your organization be more effective to compete in a global market?  Find out:  www.LeadershipGlobalWomen.com and www.KeepCustomers.com