By Felix Ndeloa, Senior Manager, Advisory Services, High Street Partners
When eyeing the map for international expansion, American executives have, by and large, long looked right over Africa. They cite two simple reasons: too hard and too risky. But the global business environment is continuously evolving. Today, Africa offers some of the world’s most lucrative opportunities and doing business there keeps getting easier. Increasingly, American executives need to start asking: “Can we risk not doing business in Africa?”
The continent has a lot going in its favor. Africa is more urbanized than India and offers a much larger market for goods and services. It’s also endowed with tremendous natural resource wealth that offers immediate opportunities and, if managed wisely,
By John Bostwick, HSP Technical Writer, Higher Education and Non-Profits
George Bernard Shaw remarked that “England and America are two countries separated by a common language.” The divide between British and American English has, perhaps, narrowed since Shaw’s day, but related anxieties remain. A 2012 article in The New York Times entitled “Americans Are Barmy Over Britishisms” notes: “Crikey, Britishisms are everywhere. Call it Anglocreep. Call it annoying. Snippets of British vernacular — ‘cheers’ as a thank you, ‘brilliant’ as an affirmative, ‘loo’ as a bathroom — that were until recently as rare as steak and kidney pie on these shores
By Lynne Harding, Senior Director, Knowledge Management
With the budget drama in the US, it’s a relief to look elsewhere for news. We find it this fall in Europe, where a new era of tight fiscal surveillance begins across the Eurozone. The EU’s Executive has launched another phase of its fiscal governance plan under which the 17 euro area countries were required to submit their draft budgets to the Commission by October 15 for review. The goal is to eliminate unsustainable budget deficits and course-correct policies before the kind of acute problems which have plagued Europe for the last four years have a chance to spiral out of control
The news that the EU has begun investigating tax deals between large multinationals and the governments of Ireland, the Netherlands, and Luxembourg made front-page headlines last month. Naturally, businesses with operations in — or plans to expand into —those countries are wondering what this will mean for them. In the short term, it will probably mean very little. In the long term, it could possibly mean a lot.
4 Foreign Business Laws You Didn’t See Coming – and What They Can Teach You About International Business
If you’ve expanded into a foreign country, you’ve experienced the transition to a whole new set of laws and business regulations. Foreign laws governing business practices are frequently difficult to adjust to and sometimes quite frustrating. But once in a while, foreign business laws can also be downright surreal. Here are four favorites we’ve come across. We think you might learn something even from these head-scratchers.