Although the world economies are slowing down significantly, the IMF(1) predicts in its latest outlook report, dated October 2008, that real GDP will grow strongly in many emerging countries including those of Emerging Europe, CIS, Turkey, the Middle East and Africa.
Annual percent change in GDP
Region /FY2008 /FY2009
USA /+1.6% /+0.1%
EU /+1.3% /+0.2%
Japan /+0.7% /+0.5%
CIS (2) /+7.2% /+5.7%
Emerging Europe (3) /+5.0% /+3.5%
Turkey /+3.5% /+3.0%
Middle East /+6.4% /+5.9%
Africa /+5.9% /+6.0%
(Source: IMF)
Most of the growth in these emerging countries is being attributed to robust domestic demand boosted by terms-of-trade gains in most countries in the region, expansionary macroeconomic policies and activity in non-oil sectors.
Therefore if your company is not making the most of the growth in these regions we strongly advise that you start revising your export strategy accordingly.
For more information and or assistance regarding growth opportunities in the above mentioned regions, please contact Christian B. Chahine – MDT International at cchahine@mdtinternational.eu or Ph: (949) 500-6298 in Laguna Beach, CA.
Notes:
(1) World Economic Outlook (WEO) – Financial Stress, Downturns, and Recoveries – October 2008
(2) CIS – Commonwealth of Independent States – (Former Soviet Union States)
(3) Emerging Europe: Baltics, Central Europe, Southern and South-Eastern Europe
Friday, October 10, 2008
Wednesday, October 1, 2008
Achieve more with less - The Interim Manager Solution
When looking to fill a need, many senior executives think instantly about either recruiting a full time employee or hiring a consultant.
However, what many fail to realize is that, hiring full time employees can be costly in terms of money, time and effort, and hiring a consultant may not be the best solution as someone still needs to do the actual work.
The solution is an Interim Manager. Interim Managers, like most qualified recruits and consultants, provide the latest thinking, strategic capability and the ability to fast-track critical projects.
However, contrary to consultants, Interim Managers are also implementers who have your actual success at heart since they are putting their efforts, expertise and reputation to the test.
Compared to full time employees, Interim Managers cost a fraction of the compensation since there are no recruitment costs, social security, health care insurance, holiday pay, bonuses nor pension benefits for you to worry about.
Interim Managers can be an excellent source for testing the waters, implementing projects and/or expanding into new territories for a fraction of the cost and with minimal hassle and risk. They have no need to settle in like full time employees would and can focus on your desired objectives from the onset.
Interim Managers are not interested in office politics. They are doers who will hit the ground running from the word go. They are task oriented and are able to produce fast / concrete results.
For more information about Interim Managers for your medical device expansion into Europe and the Middle East, please contact Christian B. Chahine - MDT International at cchahine@mdtinternational.eu
However, what many fail to realize is that, hiring full time employees can be costly in terms of money, time and effort, and hiring a consultant may not be the best solution as someone still needs to do the actual work.
The solution is an Interim Manager. Interim Managers, like most qualified recruits and consultants, provide the latest thinking, strategic capability and the ability to fast-track critical projects.
However, contrary to consultants, Interim Managers are also implementers who have your actual success at heart since they are putting their efforts, expertise and reputation to the test.
Compared to full time employees, Interim Managers cost a fraction of the compensation since there are no recruitment costs, social security, health care insurance, holiday pay, bonuses nor pension benefits for you to worry about.
Interim Managers can be an excellent source for testing the waters, implementing projects and/or expanding into new territories for a fraction of the cost and with minimal hassle and risk. They have no need to settle in like full time employees would and can focus on your desired objectives from the onset.
Interim Managers are not interested in office politics. They are doers who will hit the ground running from the word go. They are task oriented and are able to produce fast / concrete results.
For more information about Interim Managers for your medical device expansion into Europe and the Middle East, please contact Christian B. Chahine - MDT International at cchahine@mdtinternational.eu
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