The story of coffee has always been one of international growth. Now Western businesses are competing to popularize coffee consumption in the massive tea-drinking markets of Asia. The global balance of caffeine may never be the same.
As you might’ve guessed, many of us here at Radius are football (or, at our American offices, “soccer”) fans, and we’re a teensy bit excited for the World Cup. While we like to think that every country is Radius’ favorite country, when it comes to the World Cup, we all have our personal favorites. So, in the spirit of competition we decided to take a look at this year’s contenders through the Radius lens. We wanted to find out which country would be the best to get sent to as part of an international expansion. With no further ado, let the football — and the arguing — begin.
One of the most important trends in global business is the evolution of the Chinese economy. Over at Radius, we’re seeing signs of it every day, and it’s pushing us to revise the conventional wisdom about China’s role in the world marketplace.
Corruption is one of the stickier issues organizations must navigate when expanding into new countries. With companies such as JP Morgan battling alleged corruption charges in China, cases like this illustrate the potential pitfalls of operating abroad. Overseas, many forms of corruption remain widespread. Check out Corruption's Big 3: North Korea, Somalia and Afghanistan.
U.S. institutions often send their U.S.-based faculty and staff to work abroad on short- and long-term assignments. Home campus administrators, often already overwhelmed by domestic compliance requirements, may be forgiven by their coworkers for making incorrect assumptions, but local authorities will not forgive an institution for failing to fulfill obligations when conducting activities in-country. Failure to comply can result in fines and reputational damage for the institution.This post lists some precautions you can take to protect your institution when sending faculty and staff abroad.