Merry Christmas and many thanks to all of you for your contributions and for reading this blog throughout the year.
Best wishes for a happy and healthy festive season.
With a thriving environment, Singapore is an amazing experience to live, willing to preserve its traditions in an advanced society! Symbolizing the Asian golden coast by excellence, it is quite Americanized, focusing on shopping, but also impressively developed in terms of growing companies and infrastructures. And, at the same time, Singapore is alive keeping a deep Asian culture celebrating each tradition and religious event in the streets.
If you are currently spending a few weeks in a vacational coastal city of your country, jealously admiring the ostentatious wealth of the rich and famous, this book may interest you. It defines what constitutes a luxury product and how companies develop their strategies to profit from this status.
Exhausted after the Christmas holiday?
It is always surprising to see just how tired people look after the Christmas holiday. The very idea of a holiday is that you rest. None of us do that though. We all hurry round from family to friends in a mad dash to see everyone we know and to stock up on as many calories as possible. What we should be doing is taking it easy so that we can get our strength back so that we can make it through the dark months ahead. Continue reading
Psychological distance and international trade
In the 1970s researchers in Sweden starting looking into the concept of psychological distance and how this related to the international development of companies. The basic premise is that we prefer to interact and therefore trade with people who are similar to ourselves. Spanish companies find it easier to trade with South America because of the historical links they share. Similarly, British managers find that they are psychologically closer to their US counterparts than managers in Continental Europe. Continue reading
In many countries, it is time to get back to work / school after the summer break. Depending on where you live, this break will have been of varying lengths. Continue reading