Drops from the Fire Hose – November 16, 2012

Building Your Company’s Capabilities Through Global Expansion — MIT Sloan Management Review

GLOBAL COMPETITION is becoming tougher and more complicated than ever. Over the past 30 years, sharp declines in communication and transportation costs and the reduction of trade barriers have reshaped the global economy. Major new markets continue to open. Supply chains are becoming increasingly deverticalized and geographically dispersed. In many industries, new emerging-market competitors are now challenging established multinationals. Indeed, the global competitive landscape is becoming increasingly dynamic and complex, creating both new threats and new opportunities.

Study: Receiving a Compliment has Same Positive Effect as Receiving Cash — Forbes

According to Professor Norihiro Sadato, the study lead and professor at the National Institute for Physiological Sciences in Japan, ”To the brain, receiving a compliment is as much a social reward as being rewarded money. We’ve been able to find scientific proof that a person performs better when they receive a social reward after completing an exercise. Complimenting someone could become an easy and effective strategy to use in the classroom and during rehabilitation.”

Good Life Project: Seth Godin On Books, Business And Life — Good Life Project

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