2023

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AI will destroy outsourcing…or will it?

Intelligent Sourcing

Search engines are integrating it. Some writers are striking because of it. Recently, few topics have garnered as much attention as artificial intelligence. With the introduction of new AI platforms, many people are worried about how this technology will affect their jobs. In fact, some are even wondering if AI will eventually replace ALL human-led […] The post AI will destroy outsourcing…or will it?

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What Role Does Digitization Play in Global Expansion?

The Global Small Business Blog

©iStock/guirong hao Apurva Palnitkar, Senior Director Marketing, GoDaddy India says that in today's technology-driven world, the adoption of digital tools and strategies has become paramount for small businesses seeking to thrive and expand their presence beyond local boundaries. SMEs are successfully integrating digital tools into their operations in order to gain competitive edge, improve efficiency, reach a wider customer base, and most importantly in order to go global more effectively.

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Mainframe and the cloud? It’s easy with open source

IBM Business Partners

This is part four in a five-part series on mainframe modernization. The secret to mainstreaming the mainframe into today’s modern, cloud-centric IT environments is to make the experience of working with the mainframe like the experience of working off the mainframe—especially the developer experience (DX). Historically, working on the mainframe was an entirely different experience from the distributed world.

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The EU digital strategy: The impact of data privacy on global business

McKinsey and Company

New data regulations from the European Union require organizational attention, and three key steps can help navigate the data privacy landscape.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

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From Data Swamp to Data Lake

Perficient Digital Transformation

For several years now I have heard people that wanted to slow the progress of companies becoming data-driven use the term “Data Swamp”, usually without much understanding of what a Data Swamp is. In this series of blogs, I will define what a Data Swamp really is and why it may not be a bad thing. More importantly, I will explain how straightforward it is to keep a data lake from becoming a Data Swamp or how to turn your Data Swamp into a data lake.

Analytics 111
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What is the future of work?

McKinsey and Company

Just like the world at large, the world of work shifts and changes over time. The future of work refers to an informed perspective on what businesses and other organizations need to know about how work could shift (given digitization and other trends), plus how workforces and workplaces can prepare for those changes, big and small.

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How to build a successful employee experience strategy

IBM Services

Ever since the pandemic changed the corporate world, organizations have rededicated themselves to excelling at employee experience strategy. A successful employee experience strategy (EX strategy) is the best way to recruit and retain top talent , as employees increasingly make decisions on where to work based on how they respond to employee needs. Organizations can prioritize overall employee experience by being thoughtful about how to serve their workers during all stages of the employee journ

Jobbing 104
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Defending Globalization

The Global Small Business Blog

©iStock/wildpixel The Cato Institute has published three new essays for Cato’s Defending Globalization project: Globalization and Growing Global Equality The Reality of American “Deindustrialization” Globalization Has Propelled India to Prosperity To access them all, visit here.

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How can AI help media companies overcome their biggest challenges?

3Pillar Global

Artificial intelligence, or AI, has long been part of the cultural conversation, often as a theme for science fiction. However, AI has truly reached a tipping point recently with the accessibility and widespread adoption of applications like ChatGPT, Bing, Bard, Midjourney, and DALL-E. As these platforms catch on with consumers, many businesses are wondering how they can leverage AI within their strategies.

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Future Of Work Predictions: So Far, So Good, Which Is Kind Of Bad

Forrester Digital Transformation

We Said 2023 Would Be Weird … We Were Right Just over a year ago, we were in the throes of the so-called Great Resignation. Nearly every call I had with a client was about how to compete for talent, including debates over signing bonuses vs.

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We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

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E-Commerce SMBs Go Global

The Global Small Business Blog

©iStock/CherriesJD Just by clicking buttons, thousands of small businesses are daring to go global with their wares through e-commerce and this has all been brought on by the pandemic. According to the ‘Amazon Seller Report 2022’ by Payoneer a FinTech company and SellerApp, the year 2022, approximately 63% of small and medium-sized businesses (SMBs) are present on global marketplaces, contributing to nearly 60% of their overall retail sales.

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Bright Ideas Closer Together

The Global Small Business Blog

©2023 Laurel J. Delaney. All rights reserved. "Everyone is a genius at least once a year. The real geniuses simply have their bright ideas closer together." – Georg C.

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Today in Global Small Business: Changing How We See The World

The Global Small Business Blog

©iStock/Chris_Tefme What's affecting me, my clients, my colleagues and other global small business owners: Changing how we see the world in all its beauty and bizarreness. Kylie Jenner: from successful global beauty empire to soon to be fashion empire. Globalization is a funny thing, and McDonald’s today is a many-tentacled entity that morphs to fit the politics of the moment and the regions that franchises operate in.

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Overseas Markets Offer Fantastic Growth Prospects

The Global Small Business Blog

©iStock/small smiles While it is true that many businesses can achieve the aim of international expansion, it is still not the simplest of undertakings. Yet by going global, you can broaden your network of business partners while also enhancing how everyone else around the world views your company. Internationalization comes with expenses and risks, but with careful planning and a well-thought-out export strategy, overseas markets offer fantastic growth prospects.

Marketing 281
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Challenges and Solutions in High-Volume, High-Stakes Hiring

Facing a hiring surge that feels like conducting a complex orchestra? Our guide is your roadmap to harmonious high-volume hiring. In it, you’ll learn: Strategies to maintain quality while hiring at scale The real math behind agency vs. in-house recruiting Secrets to a stellar candidate experience during hiring spikes Resource optimization techniques for stretched TA teams Don't let resource constraints or market pressures derail your hiring goals.

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Restoring Global Growth Will Be Challenging

The Global Small Business Blog

©iStock/1st Step The coming downturn is not inevitable, but restoring global growth will be extremely challenging. The IMF’s World Economic Outlook and Global Financial Stability Report suggest a difficult road ahead, warning that “the fog around the world economic outlook has thickened.” The rapid succession of large interest-rate hikes by the U.S.

Banking 277
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The Rise of Global Business Services (GBS)

The Global Small Business Blog

©iStock/Rawpixel Why is Global Business Services (GBS) becoming more popular? While Shared Services has proven its worth in simplifying back-office support functions and maintaining them in-house, GBS takes the concept further and enhances it in several critical ways: Global reach Integrated capabilities Cost efficiency Focus on customer-centricity Flexibility and scalability If you want to achieve greater growth and excellence, GBS is the way forward.

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Moving From the 'Take-Make-Use-Waste' Model to an Efficient Circular Economy

The Global Small Business Blog

©iStock/Chavapong Prateep Na Thalan g The circular economy is pivotal for achieving climate and sustainable development goals and must be included in the COP28 outcomes. With this paper , International Chamber of Commerce (ICC), on behalf of the global business community, underscores the importance to move from the 'take-make-use-waste' model to a sustainable, resource-efficient circular economy.

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Today in Global Small Business: Setting Up Your Ecommerce Strategy

The Global Small Business Blog

©iStock/gorodenkoff What's affecting me, my clients, my colleagues and other global small business owners: Setting up your ecommerce strategy. Uniting a divided workforce. How does AI think ? We are only starting to understand that. Quote of the week: "People tend to think of the web as a way to get information or perhaps as a place to carry out e-commerce.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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Today in Global Small Business: The New ChatGPT Challenger

The Global Small Business Blog

©iStock/Supatman What's affecting me, my clients, my colleagues and other global small business owners: The new ChatGPT challenger. Meta launches new AI tools for Facebook. The future of AI through the lens of the recent OpenAI debacle. Quote of the week: "No one technology [OpenAI’s ChatGPT and Google’s Bard] has ever surpassed everything else."– iRobot co-founder Rodney Brooks The promise and potential pitfalls of increasingly powerful AI tools.

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Indian Companies Eyeing Global Expansion

The Global Small Business Blog

©iStock/lakshmiprasad S Small and medium businesses in India have now set their sights on global expansion, with many first-generation entrepreneurs successfully building their companies and looking to grow overseas. After completing his master’s degree in 1999, 48-year-old Saket Gaurav started working at a Russian company for a while before he moved to Dubai to join another firm.

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Tips That a Global Team Can Teach You About Success

The Global Small Business Blog

©iStock/johavel Some of the best lessons in business, people and life come from unexpected places and can shift an executive’s position by suddenly granting the gift of deep and unexpected knowledge. Here are four tips that a global team can teach you about success.

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Female Founders: A Missed Opportunity That The World Needs to Wakeup On

The Global Small Business Blog

©iStock/fizkes Investing in women entrepreneurs and founders is a huge opportunity that both financial and ESG strategies have historically missed. Women-led companies yield better returns on investment (ROI), generating 78 cents for every dollar of funding; male-founded startups generate just 31 cents, according to research by BCG and MassChallenge.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Collaboration Across Borders (Online Course)

The Global Small Business Blog

©iStock/Chinnapong Gain the tools to set your global virtual teams up for success as you work through the weekly modules of this free online program offered by Yale School of Management (SOM) Executive Education. Guided by Program Convener Amy Wrzesniewski, an expert in how people experience work and make meaning of their work in challenging contexts, you’ll focus on the opportunities and challenges that global, virtual teams present.

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Global Free Zones of 2023

The Global Small Business Blog

©iStock/MAGNIFIER The iteration of fDi Intelligence’s flagship Global Free Zones of the 2023 awards recognize the best free zones across geographies and specializations among the 69 that participated in the awards this year. The 'Best zones for SMEs' category crowns the world's best zones, as well as the best ones in each single region for their strategy to attract small and medium enterprises (SMEs) tenant.

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8th Annual Global Small Business Forum 10/20/23

The Global Small Business Blog

©2023 Global TradeSource, Ltd. All rights reserved. ? ? ? Let's take on the world 10/20/23! ? ? ? Registration is OPEN for our 8th Annual Global Small Business Forum ( [link] ) brought to you by lead sponsor Associated Bank and hosted by Foley Lardner. Full disclosure: I [Laurel Delaney] serve as the Director for the Forum. We can't wait to see you Friday, October 20 from 8:00 AM CT – 11:30 AM CT.

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The Magic Is Inside You

The Global Small Business Blog

©2023 Laurel J. Delaney. All rights reserved. “The magic is inside you, there ain’t no crystal ball.

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Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

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Own the Change

The Global Small Business Blog

©iStock/wildpixel Business leaders know that it’s one thing to have an idea that works and can produce results, and quite another matter to get that idea adopted at a scale so that it can create impact. By empowering people to achieve their own goals, leaders can overcome great skepticism—and achieve great results. What worked for cookstoves in Guatemala can work for corporate cloud adoption.

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Today in Global Small Business: Navigating Global Divergencies

The Global Small Business Blog

©iStock/bagotaj What's affecting me, my clients, my colleagues and other global small business owners: Navigating global divergencies. Global growth to slow in 2024. Banks predict slower growth for global economy in 2024. Quote of the week: "Only those who will risk going too far can find out how far one can go." – T.S. Eliot Prepare for stalling or divergent global growth in 2024.

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IP Assets Are the Heart of a Tech Company's Competitive Advantage

The Global Small Business Blog

©iStock/DKosig It goes without saying that intellectual property assets are the heart of a tech company's competitive advantage. So, you have to value them accurately to make informed decisions during global expansion. Before scaling, you need to conduct a thorough IP audit first. By assessing the strength, uniqueness, and market potential of your IP assets, you can determine your value in a global marketplace.

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AI Translation Software and Tools

The Global Small Business Blog

©iStock/Ole_CNX Before diving into AI translation software and tools, it’s important to define machine translation. The automated conversion of one language to another, machine translation works by converting text from a source language and producing the equivalent in the target language. Many translation services combine machine translations with human support to ensure the translation is specific to the target location.

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.