No Firm Is An Island

©iStock/Nuthawut Somsuk

No firm is an island.  Proof is in this article.  Collaboration, joint ventures and quasi mergers are the keystones for expansion in an ever-evolving global economic landscape.  Industry giants such as Disney, Ford, and Microsoft are charging ahead with a fresh strategy for global growth amidst the ongoing challenges in commerce.

All of these moves serve as a great reminder that a company doesn’t have to buy a stake in or acquire 100% of a company in order to unlock synergies and gain access to know-how and market access.

Read the article, "How to Build a Global Business in the 21st Century" at The Economist (requires free trial subscription).

from The Global Small Business Blog https://ift.tt/OusYDXT