Professional development can make a big impact on the success of your team, whether they’re looking to improve their skillset, refine their knowledge of international business etiquette, or gain insight into different cultures around the world.

In recent years, Diversity, Equity, and Inclusion (DE&I) has become an increasingly important issue for companies and nonprofits, including nonprofit associations, in the United States. But many leaders of associations struggle to attract and retain minority board members, leaders, and employees.

As the new year unfolds, it’s essential for business leaders to have an even greater understanding of the global issues that will shape this year and beyond. From the continued fallout of the COVID-19 pandemic to the growing awareness of climate change and sustainability initiatives, it’s more important than ever to be mindful of these factors when planning global expansion and market exploration strategies.

Football is a sport SHARED by the world. These World Cup games, hosted by a non-Western nation, have reminded us how important it is to research and try to appreciate cultural nuances even if we don’t agree or fully understand them. 

You’re likely seeing headline after headline about imminent layoffs, hiring freezes, and general uncertainty that seems to affect all sectors from tech to politics. 

Is your organization hesitant to expand globally since the pandemic?  Are current geopolitical tensions forcing you to reconsider your strategic planning and expansion initiatives?  

Starbucks’ Failure to Recognize Culture Down Under

Going global requires smart, strategic planning and market research. Here’s a common challenge some companies face amid new market expansion and tips on how to address it early on.

4 Fast Growing Markets in Africa

While you should consider risks in any market around the world, there are also plenty of reasons why expanding your operations to Africa could benefit your business. You should also consider the risk of not entering African markets or entering too late.

Identifying Your International Approach from the Start is Critical

If you’re considering taking your organization into a new market, having a strategy, plan, roadmap, or whatever you want to call it, is critical. A key part of your strategy is figuring out what type of international company you currently are and the type you strive to be in the future.

Has Mexico Become a New Hub for Manufacturing?

Regardless of where you live, you are familiar with the “Made in China” tags included on many products you use. The reason why it is so common is that for years China has been the most significant manufacturing hub across the globe.

Vietnam – The Budding Machinery and Manufacturing Powerhouse in Asia

Vietnam’s economy has significantly grown over the last several years. It’s a market you should seriously consider if you’re seeking new opportunities in Southeast Asia, particularly if your business involves manufacturing.

Business Consulting Services: How Change Management Can Help Your Organization

Over the last quarter-century, change management has grown and developed as a discipline. According to several studies, for changes to be effective, business leaders must prepare, enable, and assist individuals who are going through transitions so that they may completely embrace change.

Top 5 Questions to Ask Before Your Association Goes Global

Many association leaders may consider expanding internationally as a way to generate sustainable revenue, grow their membership, and expand their mission’s reach – but such expansions can be costly and complex.

5 Tips When Expanding into New Markets

Business leaders are always looking for that “next big thing” and opportunities to extend the reach of their products and services to new customers.

Top 10 Reasons to Do Business in Singapore

Investing in Southeast Asia is complex, but Singapore offers solutions for foreign investors and businesses seeking a low-risk, high-return opportunity.

How to Know When Going Global Makes Sense for Your Business

Going global is exciting and could be the bridge to limitless opportunities for your business but it’s not for everyone.

Top 10 International Business Etiquette Tips

Knowing the proper etiquette (or good manners) is very important as a professional traveling internationally, especially during a global pandemic. Are you contemplating this as part of your strategic planning?

How the Six Paths to Leadership Impact Global Success

We recently interviewed Dr. Mark Clark, co-author of “Six Paths to Leadership” about the release of his new book and the implications of his findings on global leadership.

Why Our Unique Approach to Internationalization Works

We know internationalization is a daunting and complex process in the post-COVID world. At Factum Global, we pride ourselves in simplifying the process.

Why Going Global Drives Sustainable Growth

If you tried taking your brand abroad, you know how hard it can be. But don’t let that stop you from exploring the vast opportunities of globalization.