As you have become even more focused on all that Southeast Asia has to offer, we’ve doubled down by increasing our presence in the region.
Sustainability
Southeast Asia
Global Growth
DEI&A
Tech
As we approach the end of another busy year, Factum Global is pleased to offer our Global Recap, shedding light on the key themes you have prioritized throughout the year.
In this year’s edition, we present FIVE themes that have shaped your international business strategies and insights, along with our upbeat 2024 predictions to guide your organization’s global narrative in the upcoming year.
1. Sustainability
Sustainability demonstrates responsible global corporate citizenship, appealing to environmentally conscious consumers, investors, and employees. By adopting sustainable practices into your business strategy, your company not only reduces operational risks but also opens doors to new markets, partners, and opportunities.
Factum Global Business Sentiment Survey highlights Sustainability
The impact of sustainability initiatives on business growth strategies and outlook for global business is stronger than ever, with 77% of business executives continuing to have a positive outlook toward global business, up from our Q1 2023 survey.
Global Insider Talks
Making Global Shipping More Sustainable with Eco Delivery
In its global effort to reach environmentally-conscious shipping customers, Sustainable Product Manager, Rebecca Dunn of Maersk, explained how the shipping and logistics leader is guiding its industry on a more sustainable path forward.
Rachel Bowen Pittman discussed how the grassroots movement of the United Nations Association of the United States is utilizing education, volunteerism, and advocacy to tackle the UN’s SDGs.
2024 Prediction: Sustainability will continue to be a pivotal catalyst for global business success and your company will strategically embrace eco-friendly practices in a meaningful way. You will do this to not only meet stakeholder demands and comply with new regulations but to unlock substantial cost savings and increased returns by optimizing resource efficiency and fostering long-term business resilience.
2. Southeast Asia Growth
Southeast Asia is increasingly emerging as a thriving and attractive market for your organization as you seek to expand operations beyond your home market. The burgeoning middle class, surging digital connectivity, and dynamic business landscape in Southeast Asia create a fertile ground for growth and investment. At Factum Global Asia, our regional hub strategically positions us to leverage these opportunities as your partner in the region.
Factum Global Opens New Regional Hub in Asia
Blog
Unlocking Value: Finding Affordable Labor in Southeast Asia
As you have become even more focused on all that Southeast Asia has to offer, we’ve doubled down by increasing our presence in the region.
2024 Prediction: Southeast Asia’s economic dynamism is poised to catalyze unprecedented growth in 2024 and you will seek new ways to capitalize on the region’s burgeoning opportunities and leverage its growing and affordable skilled labor options.
3. Capitalizing on Global Growth Opportunities
2024 Prediction: While the global landscape will perpetually be in flux amid ongoing global challenges, businesses like yours that adeptly monitor and prepare for global volatility, take advantage of opportunities arising from geopolitical and demographic shifts, and prioritize strategic planning initiatives will be best positioned to capitalize on emerging growth prospects in the U.S. and beyond.
4. Diversity, Equity, Inclusion, and Accessibility
Global Insider Talks
Promoting Access, Belonging, and Inclusivity
Cordell Carter imparted the importance of fostering inclusivity and connectivity through initiatives like The Festival of the Diaspora, emphasizing the transformative power of bringing diverse global leaders together in beautiful locations to forge new partnerships, facilitate meaningful learning opportunities, and drive real change in local communities across Latin America.
Global Insider Talks
Diversity, Equity, and Inclusion in a Global Context
You continued to successfully prioritize the integration of diversity, equity, and inclusion into your team by fostering an inclusive culture and providing ongoing training to promote understanding and collaboration among team members.
International attorney Brian Whisler from Baker McKenzie provided valuable insights into safeguarding your business from operational missteps in new markets by highlighting the significance of understanding and navigating global anti-corruption regulations.
2024 Prediction: You have long since committed to Diversity, Equity, Inclusion, and Accessibility (DEIA) and will see even greater stakeholder enthusiasm and increased tangible benefits as these initiatives have become integral to building resilient and innovative international collaborations, sustainable partnerships, and widespread ethical business practices across diverse markets.
5. Tech & Innovation
Fintech Innovation in the Baltic States: A Thriving Ecosystem
You learned that the Baltics have evolved into a global fintech hub, driven by business-friendly policies, government initiatives, and a tech-savvy population, positioning the Baltics as an ideal launchpad for your expansion into the European tech market.
