Globalization is not only driving a new business paradigm for large companies and e-commerce startups, it’s also fueling a vigorous national debate on the parameters of free trade. Recent executive orders even direct the U.S. secretary of commerce to review each of the country’s free trade agreements, measuring their past and potential economic value.
If you’re like many business leaders, you may be forgoing vacation time, spending long hours at work, including nights and weekends, and generally focusing all your attention to ensure your company’s success. This can be particularly true when managing global customers across multiple time zones that require early-morning and late-evening outreach.
While hard work is certainly one of the realities associated with successful business, it’s important to recognize that working to the point that other activities are excluded can land you solidly in the category of a workaholic.
For business owners and managers, the more casual days of summer come with their own challenges: a spate of employee vacations that make coordinating with vendors and colleagues essential. This is the season when many workers recharge with a well-earned vacation, especially those who must coordinate family vacations around school vacations.
The recent election of Emmanuel Macron as France’s new president is widely viewed as good news, both for the European Union (EU), which Macron supports, and for the future of international trade between France and countries around the globe, including the United States. As our country’s eighth largest trading partner, France is key to the global trade prospects of thousands of U.S. companies – including many in the aerospace and technology sectors – and its continued ties to the EU could prove essential for future planning and success.
When U.S. businesses think of top international trading partners, they rightly often turn their attention to the Asia-Pacific region. But while China does rank as our top trading partner in both exports and imports, and while Japan and South Korea are not far behind, some might be surprised to find that Germany ranks extremely high on the list, and the highest among European Union (EU) member nations.