The nature of a multinational company (MNC) is to invest capital in markets outside of the country in which it began its operations. Typically, this business activity is called foreign direct investment (FDI). For open economies to flourish, cross-border trade is essential. Another critical factor for successful international business is ICE-Q – a combination of three essential, durable skills: subject …
The One Goal You Can Set for a Positive 2022
Around the turn of the year magazines, news outlets, social networks, blogs, podcasts, and all sorts of other media are full with ideas and tips around making New Year’s resolutions. Some of you might be aware of the dirty little secret to this culturally motivated routine of making commitments to significant, meaningful, and lasting change: More often than not this …
The Main Ingredient for a Successful Foreign Work Assignment
People who leave their country to work abroad not only say goodbye to their home, they also remove themselves from the general frameworks of life they have grown up in and are used to. Professionals on foreign work assignment – especially those who go for the first time in their career – are like fish out of water: Aside from …