BRIC stands for Brazil, Russia, India, and China. Jim O´Neill, economist at Goldmann Sachs used this term first in the beginning of this century for the countries with the fastest growing economies. In 2003 he predicted that BRIC countries will have surpassed most developed industrial countries including France, Great Britain, Germany, and Italy and make up the six largest economies together with the USA and Japan by 2050. more...

Future leaders are leading international leaders

We understand the term “leaders” on the background of the framework “leading self”, “leading others” and “leading leaders”. Participants of leadership programs promise an ongoing career development, high value addition to the corporation and to take the step from leading others - that is to say leading people, teams and projects – to leading leaders. Participants of international leadership programs will lead leaders from all over the world. Their skill-set must incorporate intercultural skills. A mere knowledge of some Does and Don’ts in certain trans-national situations will not suffice. more...

Economic development of the so-called BRIC-states is without doubt more than impressive.

At local production sites culturally diverse work strategies surface in project teams when local staff and German colleagues work together over thousands of kilometers and many time zones. Often project leaders or managers are still located in Germany and thus got to lead virtually. Such new conditions for production and work challenge executives in many new ways. What do they need to consider when leading virtual teams? What cultural differences must they pay attention to? Which employee is up to doing his/her job without daily contact to the superior? How do you keep contact to your employees at international locations? How do you keep employees motivated without direct engagement? These are only some of the manifold questions that arise for executives in international contexts. Maybe you find some answers in our training "Working in remote and virtual teams"?

China’s economic miracle - boomtown with pitfalls

China booms –everybody wants to be part of the economic miracle. Who wouldn’t? Over-proportional growth rates, apparent westernization, an opening up towards the rest of the world…all this meets business partners and practices from Europe. What you have to keep in mind is that the Chinese partners you are courting often keep to their values and traditions and defy assimilation. Dr. Therese Geulen our expert partner for intercultural trainings in preparation for assignments to China looks more closely at this –often underestimated- topic and gives first suggestions. more...