High Street Partners Offers Command and Control Solutions for Companies Operating Overseas
July 24, 2013 – (Boston/Annapolis) – The arrest earlier this week of several China-based GlaxoSmithKline employees on charges of bribery has heightened concerns for foreign companies operating in China. HQ is generally tasked with the development and oversight of robust controls to ensure that inappropriate cultural norms don’t run afoul of increasingly tougher regulatory environments, in China and elsewhere. According to statements issued by the pharmaceutical giant, the employees in question “appear to have acted outside of our processes and controls.”
"The news that healthcare giant GlaxoSmithKline had several of their executives arrested in China is a sobering reminder to all multinationals, large or small, on the need to ensure due command and control on their overseas operations" says Larry Harding, Founder & CEO of High Street Partners.
We sat down with High Street Partners founder and President Larry Harding today, to discuss the details of the $8 million dollar expansion round funding that closed earlier this week. The proceeds have been earmarked for some very exciting initiatives which will further enhance the HSP customer experience.
U.S. companies have sent hundreds of thousands of jobs overseas in recent years, a decades-old trend that analysts predict will continue unabated ... even though the motivation for doing so may be changing.
Larry Harding, Founder and President of High Street Partners, Inc., a leading provider of international software and business services presents at the Baird 2013 Business Solutions Conference.
The Mid-Atlantic Venture Association (MAVA), representing the complete spectrum of private capital investors, company-builders and entrepreneurs, hosted its annual holiday event today with a celebration of the successful high growth companies at the center of its ecosystem. The festive luncheon program placed a spotlight on four of MAVA’s Sterling Company CEOs and a dozen of the companies that presented at MAVA’s nationally-recognized TechBUZZ and Capital Connection events in May 2012.
About 20 of High Street Partners' employees are based at its Annapolis headquarters. The rest of its 160 workers are spread around the world, from California to London to Shanghai — which makes sense, considering its niche.
The company helps firms set up international operations and keep them humming, whether it's a U.S. corporation trying to break into Brazil or a European company expanding here. High Street is finding plenty of call for those services: Revenue increased by more than 50 percent in 2011, and the company expects to repeat the performance in 2012.
Hundreds of tax and accounting professionals gathered at the Pennsylvania Hotel in New York City May 2-3, 2012, for the Fourth Annual Accounting Technology New York Show and CPE Conference.
It’s not just expanding businesses and multinational corporations that face immigration problems. Russia is cracking down on work permit compliance and no one, not even music groups, is immune. Learn more about this situation and the complexity around Russian immigration in a post from our President Larry Harding.
Taking on equity investors is like "putting your company on steroids," says High Street Partners CEO and former CFO Larry Harding. Here's how he is managing the growth.