As competition intensifies, the stakes for both banks and new digital finance entrants are huge. Digitization is more and more shaping consumers’ shopping for behaviors—and firms will need new strategies for profitable in this changed landscape. Local dynamos deploy 4 strategies to outperform domestic and international rivals on a number of fronts. For them to prosper, companies must create the right types of agreements with participating members and craft strategies for attracting probably the most sought-after talent. Shifting tariffs grab the headlines, however the rise of Southeast Asia and variations in worker productivity are also altering the cost equation for global manufacturing.
The largest driver for international business progress in 2021 appears set to be revenue. Aiming to capitalise on pent up financial savings after international lockdown and quarantine restrictions, unlocking shifts in client spending developments, and advancing in a digital age makes shrewd business sense. Capturing greater market share is a giant driver for a lot of businesses with a worldwide outlook. Spurred on by the successes of international company behemoths, burgeoning businesses the world over are hoping to capitalise on the shift to digital and on-line buying within the last 12 months. The continuing spread of COVID-19 infections …