The digital divide: Why SMEs must cross borders
by Penelope Naas President, International Public Affairs and Sustainability, UPS for World Economic Forum Photo: Despite the resiliency of many SMEs during the pandemic, they still need to master the new digital trade environment. Image: Pressfoto/Freepik In most economies, small and medium-sized enterprises (SMEs) are the backbone, driving growth and employing [...]
This is How Entrepreneurship Will Change in 2023
by Rishi Khosla, Co-Founder and Chief Executive Officer, OakNorth For World Economic Forum Photo: Many entrepreneurs are seeing the world’s challenges as opportunities to build socially minded businesses. Image: REUTERS/Eloisa Lopez The last few years of unprecedented economic disruption look set to continue in 2023. The recent sell-off in equity markets, [...]
Why Businesses Must Embrace New Solutions for Managing Cross-Border Payments
By IWEC Partner, Corpay Cross-Border Solutions In the wake of an unprecedented period for economies and enterprises globally, Corpay Cross-Border Solutions president Mark Frey discusses the challenges businesses face in managing cross-border transactions and currency risk, as well as the opportunities to be gleaned from harnessing digital solutions. Though the [...]
7 Essential Skills That Separate Successful People From Everyone Else (A Short, Practical Guide)
BY BILL MURPHY JR., WWW.BILLMURPHYJR.COM@BILLMURPHYJR For Inc. Photo: Getty Images Think of the most successful people you know. Perhaps you're thinking of someone you grew up with or went to school with. Maybe the people you imagine include someone you've worked with, or been fortunate to recruit as a mentor. Maybe -- although you'd never [...]
How Stella McCartney Is Creating a Greener Fashion Industry
By Kate Brennan For The Story Exchange Photo: McCartney, a long-time advocate for sustainability in the fashion industry, has a track record of teaming up with brands that create zero-waste materials. (Credit: Jaguar MENA, Wikimedia Commons) This month, the clothing brand Stella McCartney will be launching a parka made from [...]
Why Business Owners Should Focus on Personalization in 2023
BY TIM CRINO, SENIOR EDITOR, INC.@TIMCRINO For Inc. Photo: CES 2023, held in Las Vegas at the Las Vegas Convention Center. Photo: Getty Images Keeping up with the competition in 2023 may require offering more personalized products. At the Consumer Electronics Show in Las Vegas this week, personalization was a hot topic among brands ranging from video [...]
How to Prep for a Cyberattack, and 3 Steps to Take When Your Company Does Get Hacked
After a record year of breaches, two cybersecurity experts share tips on securing your business's most valuable assets. BY BEN SHERRY, STAFF REPORTER@BENLUCASSHERRY For Inc. Illustration: Getty Images Was your company hacked in the past year? If not, consider yourself lucky. It's not a question of if, experts say, but when you'll get [...]
World Bank Cuts 2023 World Growth Forecast in ‘Sharp, Long-Lasting Slowdown’
By Agence France-Presse For Industry Week Photo: © Sitthinan Saengsanga | Dreamstime.com "The world's three major engines of growth -- the United States, the euro area and China -- are undergoing a period of pronounced weakness," the World Bank said. Global growth is slowing "perilously close" to recession, the World [...]
Updated 2023 Economic Outlooks: 23 Stories Predicting What the New Year Should Bring from 16 Business Publications
IndustryWeek parent company Endeavor Business Media’s many trade publications share industry specific outlooks for the coming year. Illustration: IW staff and 30740719 © Alphaspirit | Dreamstime.com Editor's note: This story original ran Dec. 21, 2022, with a smaller number of stories from our partner publications. It has been updated [...]
Supply Chain Snags or Full Speed Ahead in the US? What Logistics Looks Like in 2023
Shipping expert Lauren Pittelli shares her advice to manufacturers for keeping those components coming in and finished goods moving. By Lauren Pittelli For Industry Week Photo: © Carolyn Franks | Dreamstime.com Now that 2022 is in the rearview mirror, it’s time to consider the top global logistics trends that [...]