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Global Business

Building Back America

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Once upon a time, America’s businessmen and entrepreneurs were social and political leaders. Too often now we leave those leadership duties to others who, frankly, don’t know what it takes to run a business or create wealth. But we have an opportunity to reclaim them and take a stand for what is best for our nation.

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Are You Ready to Take on China’s Next-Generation Competitors?

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The broad middle markets of China, India, and Brazil are where most of the growth of the next decade will be found. It will be hard for any firm to be among the global market leaders in 2020 unless they have a meaningful share of this. The trouble is, the next-generation companies in China such as Haier, Geely, and others that are stepping onto the global stage as tough competitors are already positioning themselves to dominate these markets.

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66 Percent of CEOs Plan to Freeze or Downsize Workforce Size

The beginning of August brought Washington’s debt ceiling circus followed shortly by S&P’s downgrade of American debt. And, in turn, CEO confidence in business conditions remained negative. Though the CEO Confidence Index rose slightly (0.4 percent) it remained at a dismal 5.30 out of a possible 10. As one CEO put it, “As I approach my 44th year in business, the last 20 as a CEO, I can never remember a time when I felt so disenfranchised from our leadership in Washington.

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Designing a China Business Framework

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If you're looking to succeed in China, you'll need to align your strategy with the agenda of China's leaders. Businesses need to take a "politico-strategic" approach when entering the country because of the strong relationship between commerce and government.

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The Pension Pickle

In addition to budget crises and high unemployment rates, serious pension problems loom for the US. States now face a $3 trillion-plus shortfall in state pension plan funds. Unable to hire new employees, CEOs are increasingly reliant on contract workers; this just results in depressed employment and loss of payroll taxes for states that desperately need revenue.

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Volatility: Predictions and Prescriptions

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As world financial markets are increasingly interconnected, events across the globe can have a significant impact here at home. The earthquake and nuclear meltdown in Japan is just a recent example. The sooner CEOs accept the reality of our fragile markets, the sooner they can begin to figure out how to mitigate risk.

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A National Addiction to Deficit Spending

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If you can afford a lobbyist and make campaign contributions, you can be immune from the tax collector and be assured your special interests receive federal funding. So how will this pattern of leadership affect Americans? Some warn that the dollar might fall even more sharply in value.

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