With artificial intelligence rapidly changing our existence, businesses are figuring out how to gain competitive advantages through the self-learning involved. But they mustn’t forget to always address the consumers’ needs.
Technology transformations are an important way for governments to become more efficient. The digital magic of the IT revolution will only work if it is arranged in a core system that can adapt to the rapid changes in technology.
Family businesses in emerging markets are different from those in developed countries. They benefit from a greater sense of cohesion. With proper planning they will be instrumental in powering economies that are struggling with the decline of big industry.
The rewards of an engaged female workforce cannot be underestimated. Yet since it would be hard to deny that differences in perception affect gender issues in the workplace, it is worth examining what women face today.
Lots of statistics cast doubt on whether or not more advanced technology is actually making businesses more productive. But a broader way of analyzing not just the data, but all sorts of hard-to-measure effects leaves no question.
While some are ringing the death knell for globalization, others are preparing for a new kind of integration, one that takes into account significant changes that have occurred recently in the world economy.
Sometimes increasing volume or cutting prices is a losing solution. Often the wisest things for a company is to simply increase prices. But it has to know how to do it.
Only about 1% of the world population is German. However, 48% of the mid-sized world market leaders come from Germany – as well as the term “hidden champions.”
Creating a friction-free culture of sharing that encourages collaboration with customers and ensures team continuity is the cornerstone of a new type of leadership, one which fosters innovation.
So much of our lives are consumed by activities that can now be done more conveniently online. From shopping for gifts to buying books, our daily routines are experiencing a major upheaval.
Manufacturing has long been one of Germany’s strong suits. A little semantic shift is enough to get a fresh perspective on what separates it from other economies.
When it comes to German exports, America is the week spot. Even though it’s a huge market, the Germans could be selling much more. The new TTIP trade agreement would facilitate Germany’s entry and establishment into the US market.
Everyone is gearing up for Asia to take over as leader of the world, both economically and politically. But a closer look at reality indicates that Transatlantica will still be going strong a decade from now.
The growth of colossal companies, each producing as much as entire countries, has fascinated economic observers. But a closer look at the statistical dynamics tends to ignore the significant impact of smaller firms.
Increasing production would seem to be a good thing for businesses. But one of the most persistent problems, especially in mature economies, is overcapacity, which has the potential to disrupt many industries.
China is about to create a monopoly out of two huge railroad companies. Despite economies of scale, this could, in the long run, hinder its competitiveness in the sector.
With a sharp drop in the euro’s value against the dollar exporters on both sides of the Atlantic are scrambling to find an optimum pricing formula for their products.
Unlike most high-tech manufacturing countries, where know-how is concentrated in the major cities, Germany has a long tradition of decentralized rural nodes where specific engineering skills are applied and developed.
Will Germany become an international power on par with countries many times its size? If certain economic indicators are valid, then it seems Berlin’s future will be bright and busy.
Does doing things differently mean doing them better? Not always, but in Germany’s case, what sets them apart is an important factor in keeping ahead of the competition.
Russia has exhibited a newfound political strength in the past year, and it has been more than willing to use it. But that strength does not seem to jibe with Russia’s many glaring economic problems.
As products become more and more homogenous, service is what will give manufacturing companies a competitive edge. But to improve how a company behaves with its customers, it must instill a service approach in its personnel.
Is Germany to blame for Southern Europe’s misery? Not at all. A number of factors are the cause, and Germany, if anything, has served as an example of how an economy should adapt to changes.
The inner workings of brain capital enterprises differ greatly from manufacturing companies or financial institutions, and they are rarely revealed. Here is an inside look at one of Europe’s most successful consulting firms.
While the world joins together in shifting its center of gravity toward Asia, a closer look at the indicators suggests that the transatlantic relationship between the United States and Europe will continue to hold sway well into the second quarter of the 21st century.
In recent decades industrial manufacturing has been shifting to Asia. Yet Germany remains an exporting powerhouse. A number of factors contribute to its preeminence in various industries, and as these factors are not easy to duplicate Germany should continue to prosper.
The number of patents issued to a given country is a good indication of that country’s innovativeness. A quick look at the discrepancies spells danger for the future of the European economy.
In a society where the atmosphere slides from civic harmony to cynical distrust, the first casualty is the smooth operation of institutions that assume people are not out to rip each other off.