Post by account_disabled on May 1, 2024 23:13:21 GMT -6
The Global Entrepreneur AUTHOR Daniel J. Isenberg PUBLICATION Harvard Business Review no. December ABSTRACT For over a century start ups began by focusing on their home markets. More and more however are now being born globally—chasing opportunities created by distance learning to manage faraway operations and hunting for the planet s best manufacturing locations brightest talent most willing investors and most profitable customers wherever they may be—from day one.
That s not easy. In his research Harvard professor Isenberg has found that global start ups face three challenges. First are the logistical problems and psychic barriers created by distance Heavy Construction Contractors Email List and by differences in culture language education systems religion and economic development levels. Even something so basic as accommodating the world s various workweek schedules can put a strain on a small start up s staff. Second is managing the challenges and opportunities of context—that is the different nations political regulatory judicial tax and labor environments. global start ups must find a way to compete with bigger incumbents while using far fewer resources.
To succeed Isenberg has found global entrepreneurs must cultivate four competencies They must clearly articulate their reasons for going global learn to build alliances with more powerful partners excel at international supply chain management and create a multinational culture within their organization. Entrepreneurs shouldn t fear the fact that the world isn t flat. Being global may not be a pursuit for the fainthearted but even start ups can thrive by using distance to gain competitive advantage. Purchase the article harvardbusinessonline.hbsp.harvard b en common item detail.jhtml id R J Reinventing Your Business Model AUTHORS Mark.
That s not easy. In his research Harvard professor Isenberg has found that global start ups face three challenges. First are the logistical problems and psychic barriers created by distance Heavy Construction Contractors Email List and by differences in culture language education systems religion and economic development levels. Even something so basic as accommodating the world s various workweek schedules can put a strain on a small start up s staff. Second is managing the challenges and opportunities of context—that is the different nations political regulatory judicial tax and labor environments. global start ups must find a way to compete with bigger incumbents while using far fewer resources.
To succeed Isenberg has found global entrepreneurs must cultivate four competencies They must clearly articulate their reasons for going global learn to build alliances with more powerful partners excel at international supply chain management and create a multinational culture within their organization. Entrepreneurs shouldn t fear the fact that the world isn t flat. Being global may not be a pursuit for the fainthearted but even start ups can thrive by using distance to gain competitive advantage. Purchase the article harvardbusinessonline.hbsp.harvard b en common item detail.jhtml id R J Reinventing Your Business Model AUTHORS Mark.