Pursuing the elusive 10% of research data...
If 90% of the research data a business needs to make export related plans and decisions then is it worthwhile to pursue that extra 10%?
Our text relates that the marketplace reveals the extra ten percent of necessary information and reflects a firm's competitive advantage in attaining or acquiring it. That business environment, at the present and in the future will require further cyclical analysis and SWOT of a firm's relative positioning as well as competitors. My previous studies at eCornell defined strategic core competencies of a company as relative to its positioning in environment, to competitors, to market and past, present, future trends and uncertainties, as well as an ability to accurately predict environmental, market, competitor and even internal company changes which would determine or affect that competitive advantage. Much of it apparently is related to seeing or predicting what no one else is, includes serendipity to some degree (being in the right position at the right time and the right cost or price) and to seeing the unknown or at times making predictions more than ethereal but acting upon actionale sequences in research and development and seeing dreams into reality. This would highlight innovative thinking and action which is easier said than done. Actually being there and doing it essentially. A 10% that will be ever changing.
Regarding costs - the cost would be extensive for example, if we did not monitor and continuously update current information as related in chapter ten and which should be an integral portion of our company management information system (MIS).
Costs? Lost opportunities cost. For example, Dubai Knowledge Village where upwards of 18-20% annual growth in GDP has taken place in the last five years with an increase in population unofficially of nearly 1.4 million inhabitants. A costly missed opportunity for Concordia or any other Canadian university not participating in any offshore Canadian universities consortiums similar to those in Australia or The UK.
"The History and Future Development of the International Consortium for Higher Education, Civic Responsibility and Democracy"
Canadian SME International Trade and Marketing - writings upon readings and continued curiousity in the realms of cross cultural business. Some of my opinions are not my own, but I would fancy to say nearly all of them should be credited to the various authors. Deming disciple. I stubbornly persist.
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