Jan
25

International Consulting for Conducting Business Abroad (Video)

If you are looking to expand your business into foreign markets, international consultants suggest considering how cultural differences might effect business decisions.  This concept may sound simple and obvious, but cultural ideals can be worlds apart depending on the international markets of interest.   Understanding various strategies and common pitfalls from international consulting for conducting business abroad can considerably help your chances when landing major contracts and directly effect your success.

Culture can effect consumer trends when determining product demand or buying patterns.  Culture can also effect infamous brand image which plays a large role in who local communities decide to support.

Holt and Sons International Share some important points to consider when attempting to build business relationships between China and America.

International Consulting for Conducting Business Abroad

Even though at times understanding cultural differences can be frustrating and complex, international business relationships can be very rewarding as they do share the large opportunity to bring new ideas and perspectives into new markets that don’t get to experience trends that may be native to your region.  This can substantially increase the value as foreign markets often pay premiums for these rare products and services.  These healthy relationships can only be established if proper steps have been taken to consider international consulting for conducting business abroad.

For more helpful tips and strategies don’t forget to share this article and other articles as we will continue to provide international tools and resources to help you build your business globally.

 

 

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May
10

International Consultants Need Etiquette Skills!

In today’s continually merging economy, business etiquette skills are becoming more important for professionals who seek to grow profits.  Partnership is the buzz word.  So, in order to build beneficial partnerships, international consultants need etiquette skills! Traditional corporations are starting to understand the value in networking and other techniques that was once thought of as useless soft skills.  Social media has become more widely adopted within emerging economies, partially because it has become more user-friendly and affordable to do so.

 

Firm handshake as international consulants display strong business etiquette skills.

Some of the barriers that once prevented soft skills from being adopted were education gaps in correct data used to analyze profit centers, difficult channels to develop these skills, and the complex-deep understanding required to translate networking, etiquette, partnerships, and other business skills into profits.  With new technological advances people can begin to analyze and track the real results of proper etiquette.  Furthermore, over the past decade new training systems and education has emerged that better explains the science behind these skills and how it translates into profits.

 

Mohammad Shoeb from The Peninsula Qatar reports business etiquette is more than just the language of politicians and diplomats.

 

DOHA: With Qatar rapidly emerging as a business and financial hub in the region, ‘international protocol’ and ‘etiquette’ in conducting day-to-day affairs will no longer be limited to politicians and diplomats. Businessmen will also be imparted these skills to carry out their daily activities, said the Chairman of Qatari Businessmen Association (QBA) in a press conference yesterday.
 
The QBA in partnership with Shoura Business Group announced organising the first of its kind seminar on ‘Business Etiquette and International Protocol’. The seminar will take place in St. Regis Hotel from May 20-22, 2012.
 
Sheikh Faisal bin Qassim Al Thani said that this initiative aligns with QBA’s objectives in providing unique services for the Qatari business community, and aims to attract senior officials and executives in order to help them facilitate trade relations, reduce the cultural and linguistic barriers with their business partners, and provide a professional image for their companies.
 
click here to read more……

 

What does it really mean for those international consultants that need etiquette skills?  Proper cultural manners is just half the battle.  It is important for international business consultants to learn how to effectively use proper business etiquette to identify useful resources and effectively communicate them to other business associates.

Identifying people as assets and their unique advantages to yourself and business partners is a fairly new concept that has not caught fire yet.  Early adopters to this new type of skill will start to see new opportunities emerge as the need for additional resources advance.

For more information on this topic join our email list and look to International Consulting News for more coverage on this topic.

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Apr
16

The Ins and Outs of Business Consulting

The Ins and Outs of Business Consulting

The consultation industry continues to grow and, with companies spending more than $12 billion on services, it pays to work as an industry expert. From generalist helping start small businesses to specialists versed in a specific field, business consultations assist individuals in every aspect, from the start up to the management phase.

Most areas of specializations do not need degrees, while others do, making business consultation one of the easiest and most profitable areas to get venture into. With online international business degrees and traditional Master of Business Administration (MBA) schools offering necessary skills, it’s even easier to get started as a consultant.

Why Choose Consultation?

After business school, you might see yourself versed in a bevy of skills from handling clients to producing well-written resumes. As an expert, you may use your skills to pass on knowledge to individuals without your educational background.

Consultants come from a series of professional backgrounds – from business to English – and virtually anyone with certified experience or training can venture into the field. With various career options and specializations to choose from, consultation grants a range of freedom for anyone unsure of their future.

As mentioned before, business consultation continues to generate an endless supply of income for the expert and any person expecting to make a decent living can do so as a specialist. You can start your own consultation firm or join an existing one with your skills and experience.

What to Consider

  • Unique Abilities – Each consultant has a specialized skill she possesses, making her a valuable ally to any owner. You might have a computer skill that few owners may not have; you might even have the ability to help startup companies. With so many specializations, chances are you have some type of skill that has prepared you to assist others.
  • Specialized Training or Certificates – Most consultants tend to have some specialized training, experience or certifications that qualify her to assist others. Business resume writers possess specialized educational training while financial managers come from certified business schools. If you don’t have any training or certifications, you might plenty of experience to qualify you, such as managing your own business. If none of the above applies, you could always visit informational websites, such as this resource about six sigma certification to help you obtain the proper qualifications.
  • Communication Skills – This characteristic may seem obvious, but some folks tend to display the ability to communicate better than others. Speaking to people is an art. Knowing what to say to a client requires practice and some of the best consultants manage to charm clients into why they need their services. More importantly, communicating helps a consultant build a network of individuals that can help produce future clients and referrals.

Fields You Can Venture Into

With so many options available, a business consultant can choose from a number of different fields. Some fields tend to come with more job opportunities and provide for better pay. Here are some perspective fields you might consider:

  • Advertising – Every company needs an expert to advise them of the best ways to market its image. From small, ecommerce websites to large firms, every business needs help promoting its brand and products to customers. While most considering a career in advertising will require specialized training and experience, it serves as one of the best fields for job opportunities to venture into.
  • Accounting – A business thrives from the lifeline of cash it has. Some owners know how to handle their billings and expenses better than others, while some manage to barely stay afloat long enough to survive another month. With skills as an accountant, you can help reduce excess spending and help consult businesses and individuals of their financial mishaps.
  • Business Writing – Compared to writing an essay or an email, composing a memo takes skill and practice. Business-savvy individuals tend to disdain picking up a pencil and jotting down ideas or putting together a new resume. That’s why business writing offers a great outlook for anyone with skills as a writer. From showing individuals how to compose a memo to teaching clients skills for better communicate via writing, an expert can drastically change the style of thinking and writing of a client.

With an endless array of options, specializations and career choices, a business consultant may have the necessary skills and attributes that will make him successful. With continued growth set to be seen in the industry, it seems like a lucrative field to be a part of.

Sources

“Entrepreneur” (2012)

Yahoo (2011)

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Apr
16

International Consultants Expand Sleep Consulting Industry

International consulting firms and institutes are emerging all over the globe in different industries and professions.  As stated in previous articles, this wave is caused by the need for higher education.  Universities provide the traditional education for traditional career paths but what about the large amount of unaccounted professions?  International consulting firms provide this higher education for professionals in need of advancement within their profession.

International Consulting News recognizes this wave and works to highlight emerging industries that need this higher education or provide this higher education.  In this case, international consultants expand sleep consulting industry to offer online training for business owners interested in acquiring sleep certification.

photo by jrseles shows international consultant advancing sleep consulting industry.

The International Maternity Institute offers a wealth of consulting and resources for business owners or aspiring business owners in the sleep industry.  They also offer stress management tools and business planning training to provide additional direction to consultants.

IMI’s mission is to encapsulate a global network of maternity professionals.  SFGate highlights more benefits of obtaining sleep certification for consultants.

“The International Maternity Institute (IMI), a leading maternity  educational organization, becomes the first accredited organization to offer an  online sleep certification for prenatal and postpartum. Strong industry and  client demand necessitated the establishment of a course that would extend sleep  consulting to include the pre-natal period to support mothers who experience  sleep issues during pregnancy. Sleep problems during pregnancy are on the rise  and have become very commonplace and thus a clear need and demand has arisen to  offer a certification covering the period before and after birth.
 
San Francisco, CA (PRWEB) April 16, 2012
 
Typically infant-family  sleep consultants are known to work with parents during postpartum to  provide training, tools, resources, and education in order to get their child to  sleep. Sleep Training is most commonly introduced when an infant reaches four  months of age or shortly thereafter. Occasionally families begin introducing sleep training earlier on, however very  little training exists anywhere to certify or educate consultants and maternity  practitioners during pregnancy.”
 
Click here to read more……

 

Through new online resources, IMI’s international consultants have been able to expand the sleep consulting industry to new markets.   Online education has been also growing in popularity as more institutes and universities are adopting these approaches.  With new credible institutions and associations emerging, trust can be gained causing new professionals to enter the market, thus expanding the overall market.

The IMI also offers a membership base to plug into which creates additional support and over culture for independent consultants.  The certification is currently represented in United States, Asia, Europe, and Canada.

 

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Apr
10

Five Cross-Networking Targets for International Consulting Professionals

Picture showing five cross-networking targets for international consulting professionals.

As stated in previous articles by International Consulting News, networking is a huge part in modern business as it helps organizations connect with resources, connect with the market, and effectively partner.   There are endless applications to networking that cannot be conveyed by a simple article because social exchanges are so innovative and organic.

 

This is the same premise behind social media.  Just a decade ago people were operating the web for technical solutions and people had no idea that social media would enter the scene and revolutionize the way people connected and conducted business.  Now social media is apparent in virtually every industry as it has led to the creation of unimaginable platforms for business growth.

The Boston highlighted five cross-networking targets for international consulting professionals that businesses can use to increase the effectiveness of their interactions.  By focusing on these areas professionals can get the most out of networking.

 

    • Academia Boston is called the ‘Athens of America’ for good reason—the influence of academic institutions is pervasive. Many people in New England earn a degree or two here, yet interacting with your alumni network is only the beginning for engaging with the academic community. Professors are often open to collaborating on new projects, which can lead to real job opportunities. After reading an intriguing news article written by a business professor, I contacted him and wrote business cases part-time, leading to other publishing opportunities.
 
    • Business In the business community it’s all too easy to focus in your vertical. I urge you to build relationships with professionals in an entirely different area from what you are used to: if you are an engineer, join an organization for marketers or lawyers.  If you are in finance, attend conferences for the biotechnology industry. If you work at a Fortune 500 company, make an appearance at startup events. You never know when a particular business relationship may provide great value for your career, or what kind of professional you may need to recruit or partner with on a new venture.
                        click here to read more……

 

The Boston highlighted these sectors because they have been known to have the adequate resources available that help professionals in most of their regular ventures. These five cross-networking targets for international consulting professionals are general vehicles that can help leverage any business.

Another sector to target that was not mentioned in the article is media.  This sector is often neglected because people don’t know how to use the available resources or they just don’t have an in-depth understanding of its true practical solutions.

Media can be its own networking platform used to create other networking platforms like social media, markets, communities, associations and much more.  Also media can even be focused to target a specific audience.  Media is so important that it should not be used in addition to the five sectors mentioned by The Boston, but it should be integrated into each targeted sector and utilized.

If international business consultants incorporated these networking sectors into their practices then more value could be captured by clients and reflect in greater profits.

 

 

 

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Apr
07

International Business Consulting Strategies for Entering Global Markets

In today’s diverse economy there is no right way to compete globally; but, there are some generally accepted approaches that can help guide your organization into new markets.  Learning the fundamentals of international business consulting strategies for entering global markets could be the difference between a highly successful company and a failed venture with a lot of wasted time and money.  One thing to know about global industries is they are always changing.  So, the need to stay current with information and technology is essential.  Staying current on all the latest devices and technological breakthroughs can be expensive and almost impossible for some international businesses.

Read the rest of this entry »

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Apr
05

New Research in International IT Consulting Shows Strategic Intelligence Might Be Hurting Business

Science Fiction novels symbolizes new research in international IT consulting that cautioning that strategic intelligence might be hurting businesses.

We all have heard of science fiction tales like Planet of the Apes, or we might have read the book 1984.  Both might be considered a bit extreme but they do successfully caution society about some of the dangers that exist with technological advances. 

Some international consultants and researchers feel we can be closer to some of these pitfalls of advancing technology then we realize.  New research in international IT consulting shows strategic intelligence might be hurting businesses.  One of the main factors experienced is the unknown and unpredictable implications that result in this new era of information and technology.  Who could of predicted that with the creation of new music systems like CD-players and Ipods that record players would ever stop being produced?  This is true for this scenario, but our technology has even grown well beyond this over the last couple of decades and is continuing to increase exponentially.

Despite the unknown factors that cannot be predicted, The Atlantic discusses international consultant’s perspective on a changing economy and how we can better equip ourselves to handle this new information age.

 

“Intelligence is more and more like reading the Harvard Business Review through a fun house mirror. Sure, people use the words strategy, future, and foresight, but they mean something quite different.
In my experiences, and based on what my colleagues in the field tell me, executives today do not do well when their analysts confront them with challenging, though often relatively benign, predictions. Confusion, anger, and psychological transference are common responses to unwelcome analysis.
 
While executives pride themselves on being supremely rational technocrats able to calmly assess changes in the world without letting their personal emotions cloud their analysis, the reality is often quite a bit more human. One senior executive shut down a half-day event about future trends within the first ten minutes after a slide warning about “global aging populations” came up. The silver-haired alpha dog not only refused to discuss the fact that their average customer was near the age of social security and getting ready to leave active economic life, he asserted that Baby Boomers are not in fact aging, that “60 is the new 40,” that all future strategic problems will be solved by “getting our numbers up,” and that nobody in the company was to mention aging populations ever again.”
 
click here to read more…..

 

The whole purpose of strategic intelligence is to inform businesses of trends so they can better prepare and adapt.  But the new research in international it consulting shows strategic intelligence might be hurting more than it is helping causing the market to become misinformed based from what was once trusted and reliable data.  This is one of the causes from our recent crash in 2008 and even our dot.com crash in 2000.  The banks were trusted to provide accurate appraisals and credit issuance to businesses and consumers.  Secondly, accountants were trusted in to provide relevant and accurate information to public and shareholders regarding failing companies and neglected to do so.

The international consulting field must continue to provide accurate and accountable information with unbiased implications, even if this means losing clients or popularity.  In previous tips of the week the quote was published by ICN staff stating, ”Good business is an investment that always has a high return.”  If this standard can be up-kept within the education and international consulting field then we can expect to see positive outlooks in the related industries for years to come.

 

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Apr
03

International Consulting Association Learns Business Strategies and Finds Hidden Value in Non-Profit Organizations

Non-profits are often criticized from the for-profit community for lack of business savvy and means to self-sustain.  In spite of this, the international consulting association learns business strategies and finds hidden value in non-profit organizations.  Given that both structures including for-profit and non-profit models equally have flaws, each can gain insight from analysis of their counterparts.  The goal of any professional is to continue to improve and seek out new ideas in order to become more efficient.  Albert Einstein once said, “learn from yesterday, live for today, hope for tomorrow.”  With this in mind, organizations can never cease to push forward even if this means seeking out unusual sources to gain knowledge.

 

international consulting association learns business strategies and finds hidden value in non-profit organizations like the Girl Scouts.

In the press release published by ExpertClick, the association of international consulting (SAC) examine what can be learned from the Girl Scouts, as they were appraised to be the best ran organization in the US.

The reason for the Girl Scouts efficiency is their excellent social media and direct marketing for donors.  The platforms for volunteers, donations and other resources are very crucial in the success of their organization.  If for-profits can adapt these strategies in addition to their sales strategies then they could possibly acquire a larger reach in the market.

Other noteworthy characteristics of non-profits that can be applied to for-profits is their ability to generate community interest through innovative approaches.  This is a result of the campaigns they are able to create and circulate throughout the community.

 

“The Society for the Advancement of Consulting® has asked its global members to comment on what, if anything, for-profits can learn from non-profits. “Peter Drucker claimed the Girl Scouts were the best run organization in the U.S.,” says SAC® CEO Alan Weiss, PhD. “so why don’t we examine what can be learned and transferred?” 
 
“Non-profits are very similar to for-profit organizations in many ways,” said Linda Popky, president of Redwood City, CA-based strategic marketing firm Leverage2Market Associates. “Both types of organizations have goals and objectives to meet, stakeholders to satisfy, and a product or service to offer. They also both have revenue generation goals; in the case of non-profits, this is for fundraising and to cover operating expenses rather than to show a bottom-line profit. “
 click here to read more……
 

The ExpertClick press release goes on to discuss underlying concepts that compare both for-profits and non-profits in order to derive generalizations about basic principles. These principles can be applied to each model.  This is the core methodology describing why the international consulting association learns business strategies and finds hidden value in non-profit organizations, as the press release points out.  The main factor can be traced back to leadership, and successful leaders continue to grow and collect ideas from a wide range of sources.

Often people tend to separate for-profits and non-profits as each plays a vital role on a local and global perspective.  The for-profit firms usually get the glory for their savvy-innovative procedures and people forget about the complexities overcame by their counterparts in the non-profit community.  Statistically, non-profit donations only make up 2% of the overall revenues generated nationally.  This is why, despite common views, efficiency is a concept that has not become completely lost by non-profit organizations.

This is one of the many cases were the consulting industry has uncovered hidden knowledge and has applied it practically.  This is actually another form of innovation.  International business consultants need to continue to seek out concepts from nontraditional sources that have value and integrate them into existing models into to create new efficient hybrid models.  For more information about non-profit strategies that can be used as practical solutions look to International Consulting News in the future for more articles and tips.

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Mar
21

Business Etiquette for International Consultants

 

Although table manners are important business etiquette is far more for international consultants.

Networking, relationship building, manners, attire and deal negotiations just to name a few, are all categories that fall under business etiquette.

In the new era of business, professionals have arrived at the point where they understand that these things are important but still do not know the true implications of effective business etiquette.

Integration of fundamental business etiquette for international consultants is very important.  This concept can be difficult for one to teach, as it can be hard to grasp without seeing someone who displays these attributes live and in action.  This follows the notion that one cannot be proficient without a solid grasp of the basic principles of proficiency.

In simple terms, business etiquette is the backbone of all future partnerships, negotiations, trades, contracts, sells, and any other business transactions.  This is why upper level management rolls spend so much time building company culture.  Good business etiquette can help build valuable relationships that ensure future success.

Drew Dixon, writer for Jacksonville.com, published a report on international business ettiquette consultant, Carolle Wells Vargas, and highlights some tips given by her as well.

 
“My focus is business etiquette, business dining and there is also a piece  called “Dining Like a Diplomat.” For more formal events such as state events, I  also have protocol training for international protocol.
 
What’s business etiquette?
 
Business etiquette would include being able to network at business events.  And being able to attract clients. … It’s something that they don’t necessarily 
learn at home or at school.

 

What are some of the general business etiquette tips?
 
Picture highlights another article giving tips by Four Seasons of business etiquette for international consultants.
In my opinion, if people just pay attention to the people around them and the  events that are going on and practice good manners, they’re going to be OK. But  there are certain protocols that are expected in the business world. If you  don’t know what those are and other people do and expect them, then
that’s when  a breakdown in a relationship can happen.”
 
Click here to read more……
 
 
 

International business etiquette consultant, Carolle Wells Vargas, makes a great notion in stating that in certain business situations there is no way to know what other people may think what their image of you really is.  By nature, some people are more traditional and conservative regarding business etiquette, and some are more casual and open.  This is why it is safe to default to top levels of professionalism when handling business etiquette especially for international consultants.

This is true for most scenarios.  Business etiquette is one of the many facets of sales.  Professionals are constantly in the position where they are selling themselves, even more so, rather than selling their products.  This is why interactions between clients and perspective partners can make or break your relationships.

This article additionally compares business etiquette to diplomatic ties.  For international development consulting this is the exact functionally of actions and demeanor.  For more information on this topic look to updates on this article and future articles to come.

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Mar
16

US-Korea Free Trade Agreement Expands Possibilities for International Trade Consultants

US-Korea Free Trade Agreement expands possibilities for international trade consultants.

US-Korea Free Trade Agreement expands possibilities for international trade consultants through new market reach globally.  The free trade agreement will totally eliminate tariff fees causing integration and globalization of the two economies.

International Consultants that have a vines branched in the Korean market can expect to see cheaper labor outputs as well as cheaper services if based out of Korea.  As a result of the fee trade agreement, national commodity prices should fall as a result of cheaper taxes.

Sabine Vollmer of CGMA Magazine talks more in depth of the implications of this free trade agreement.

 

The US-Korea Free Trade Agreement, considered to be the most significant agreement of its kind for the US since the 1994 North American Free Trade Agreement, takes effect Thursday.
Within five years, the agreement will eliminate tariffs and phase out quotas on nearly 95% of consumer and industrial products traded between the two nations. US automakers and farmers and South Korean LED lighting, car parts and textile manufacturers are among the industries expected to benefit from the duty-free exchange of goods.
 
KORUS, as the agreement is known, also establishes regulatory frameworks that will open the South Korean market to US service providers in industries such as health care, telecommunications, financial consulting and accounting. The South Korean services market is estimated at $580 billion, according to the Office of the US Trade Representative.
 
click here to read more……

 

Although competition will take its toll, the US-Korea free trade agreement still expands the possibilities for international trade consultants.  International trade consulting and business consulting is about maximizing profits for firms and clients so lowered trade costs allows bridges between larger resource-based infrastructures.

On the inverse, outsourcing can be good for big firms who want to utilize the free trade agreement’s affects of cheaper cost, but outsourcing can be bad for local small businesses with no international roots.  The debate continues to remain whether the free trade agreement is ultimately beneficial; but, for international consultants additional platforms that allow for cheaper resourcing is much needed.

 

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