While President Trump reconsidered the Trans-Pacific Partnership (TPP)? Many American cities, like Chattanooga, have built their economies on international industries, their vendors, and outdoors sports competitions including Ironman. Before the halt to our participation in the TPP, there was a well-attended panel discussion on the controversial TPP at the Small Business Incubator with moderator Jim Frierson, who was Chief of Staff in the Office of the US Trade Representative (USTR) during the Reagan Administration. The cabinet agency is responsible for developing international trade policy for the President and negotiating with our trading partners. America’s first bilateral free trade agreements — with Israel and Canada — were initiated, negotiated, and implemented during his eight-year tenure. As intense competition from Japanese autos and semiconductors appeared to threaten the US and then receded, the seeds of an ambitious Pacific regional trade compact were planted in exploratory meetings by the USTR himself, Ambassador Bill Brock, a Chattanooga native.
Inspired by the response to my article, 2018 Challenges for Women Entrepreneurs and How to Overcome Them, I initiated this series of interviews called, How to Grow as an Entrepreneur. The interviews are a mentoring experience for women across the world, an inspirational relationship based on trust and mutual respect which benefits anyone reading about and reflecting on the amazing journey of each of these women.
Meet Katja Matosevic, CEO & Co-founder at Geo Target/Geo-marketing. Katja moved to Italy in 2009 and started from the scratch. She worked for years as an associate for a company and then in 2014, due to fibromyalgia, she had to reinvent herself. When she gained her strength, she started her own company. During that process, she started practicing yoga to take care of her health. Katja loves yoga, meditation, and is serious about healthy eating.
She loves Neuroscience (related to human behavior that uses that in retail too) with a holistic approach. All that is the basis of human behavior captures her interest. She loves working with numbers and statistics and says that integrating ‘behind the scenes’ is what makes the difference in retail.
The Year of the Dog begins this week which means, among other things, this is the season when western companies fall over themselves by slapping zodiac animals on their products in hopes of appealing to Chinese consumers. Gucci dog purse, anyone? At the same time, digital payments in China continue to accelerate. Last year, the Chinese New Year tradition of ‘hong bao’ – where cash-filled red envelopes are given as gifts – saw 46 billion electronic transfers.
China’s transformation continues to play out in astounding ways both internally and globally. The country’s growing relevance on the world stage should not be underestimated. Globalization has never been so confusing as it is today thanks to the Middle Kingdom.
The mere mention of China triggers consumer brand executives to salivate over the growing army of shoppers and their wallets. Conversely. the same word causes western technology executives to back away with their tail between their legs.
You have an idea, you have something that you want to do, a business that you want to start up. How do you go about doing it?’
Self-Confidence, Motivation, and Inspiration help you develop and grow as an Entrepreneur. It’s about recognizing opportunity, looking around you, and thinking of something that could be done differently. It might be a new product or a new service but it’s about spotting an opportunity in the marketplace. Something out of the box. Out of the ordinary. Often, it’s the most simplest of ideas that really take off.
Inspired by the response to my article, 2018 Challenges for Women Entrepreneurs and How to Overcome Them, I initiated this series called How to grow as an entrepreneur. I am talking to leading and inspiring women entrepreneurs all over the world and welcome men who support Women Entrepreneurship as well. This is about raising awareness. Women need to take the entrepreneur baton in their hands.
Women Entrepreneurs around the world face major challenges but many are inspiring us to shape the future of global business. They show the value of extending a helping hand to others. They support fellow women to rise together rather than looking at them as rivals. They are instrumental in building positivity and in establishing the Golden Era of Women Entrepreneurship.
Since its debut in the 1964 World’s Fair, Disney’s “It’s a small world” theme park ride continues to be a crowd favorite celebrating international peace and unity. As Disney continues its expansion overseas with new theme parks, movies, educational programs and all-other-things Disney, the company remains a great on-going case study for how globalizing companies wrestle with the challenges of a world packed with different local preferences and tastes. In many cases, it turns out it’s not such a small world after all.
Study Shows Steep Increase in Corporate Efforts to Target Hispanics
The top 500 U.S. marketers are allocating about 8.4 percent of their overall ad spend to Hispanic dedicated efforts, this is up from 5.5 percent in 2010, according to a new report from AHAA: The Voice of Hispanic Marketing. Over the past five years, the top 500 advertisers boosted their spending in Hispanic targeted media by 63 percent or $2.7 billion from $4.3 billion in 2010 to $7.1 billion. The top 500 advertisers boosted their average spending from $9 million in Hispanic targeted media in 2010 to $14 million now.
From Passion to Profit by Mary D. Moore is the total guide book for aspiring entrepreneurs & new business people. Mary is the founder and president of English with Mary Moore, LLC. She shares her personal struggle to reach success as an international entrepreneur. Her hard-won advice is designed to help others follow their entrepreneurial dreams.
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The Future of Electric Mobility:
Volkswagen’s North American Market
Engineers from regional corporations, agencies, universities, schools, and professional associations, came together to kick off Engineers Week 2017 at The Chattanoogan conference center. Planning for the future was the theme of the Kick-Off Lunch featuring Dr. Burkhard Huhnke, Senior Vice President of e-mobility at Volkswagen America, Inc. Chattanooga is home to Volkswagen’s USA manufacturing plant and it was fitting that Dr. Huhnke shared Volkswagen’s transformation into the era of digitalization. Dr. Huhnke initiated and implemented Europe’s largest test laboratory for automative battery packages and components, worked on Volkswagen’s e-traction projects, e-Golf and e-Up, and currently oversees the product line of Volkswagen’s electrical cars in North American.
Hunke launched e-week 2017 with his presentation, “The Future of Electric Mobility: Volkswagen’s North American Market.” He explained that Electric Mobility combines electrical driving with connectivity and is how transportation and mobility are evolving. Volkswagen is changing and has already launched electric cars. The next generation of VW cars will revamp the entire company as it reflects and adjusts for societal changes.
As Hunke outlined those societal changes, the audience nodded and smiled in understanding and agreement.
1. We are always online. For drivers, this can be dangerous. The fatality numbers on the road are rising. We have to ensure that that distracted driving doesn’t continue.
2. Digitization increasingly connects everything. Transportation is adjusting as companies like Uber emerge and edge out traditional models.
3. Entrepreneurship generates new competitors, such as Tesla, that bring into the market with electronic cars and autonomous driving to the market and widespread public use.
The future that is emerging includes alternative transportation possibilities that will challenge us physically and emotionally. Will we continue to own our own cars? Will we share car ownership? Will drones provide public transportation? Going forward, engineers will be needed to work through all of these challenges and changes.
Volkswagen’s goal is to position itself as the driving force behind electrical mobility. Starting in 2020, Volkswagen will launch a new family of electric cars. By 2025, VW expects to sell one million electric cars. This means a new architecture for the cars: no combustion engines and no plug-in hybrids. It requires getting the internet into the car.
The new Mobility-Service-Eco-System Cars will have a fast-charging battery with a large range. These new batteries will be flat, simple, scalable, and inexpensive. The design gives the extra space back to the driver.
As intelligence is integrated into the car, its features will be continually updated. The e-platform will launch features automatically and integrate users demands and choices. Volkswagen is now researching how to make the design user-friendly across multiple cultures. An understanding of cultural differences is part of making the intelligence applicable whether in New York, Paris, or China.
There will be a shift in the business model to get in front of the consumer more efficiently. Traditionally, the manufacturer and the car dealers partnered in the sale of the cars. In the future, there will be new opportunities, new business players, and new revenue streams, including subscription services. Accommodating customers request for full connectivity through their internet access, the cars will provide fresh software, new features, updates, and the latest apps. Tomorrow’s cars will be “smart devices on wheels.”
One of Hunke’s goals and of the e-week events is to inspire young people to become the engineers of the future. With academic colleagues, Dr. Huhnke initiated the Volkswagen Innovation Center (VAIL) at the Stanford University Campus. He was the project leader for the autonomous car Volkswagen Passat Junior, participating in the Pikes Peak hill climbing driverless Audi TTS. Currently, he is a member of the Board of Advisors at the College of Engineering and Computer Science at the U of TN Chattanooga (CECS at UTC).
E-week’s connection to education and young people was highlighted at the conclusion of this kick-off event by featuring the presentation of scholarship funding by Chattanoogan companies and organizations to local education institutions. Later in the week, Lulu Copeland, Chattanooga E Week committee coordinator and Executive Director, Economic & Workforce Development at Chattanooga State Community College, planned STEM Girls Day on her campus. The program reflects ongoing efforts to involve young women in Science, Technology, Engineering, and Mathematics.
The STEM Girls Day and all the organizations involved in E Week, from corporations like Volkswagen to civic groups such as the International Business Council of the Chattanooga Area Chamber of Commerce, illustrate how a small Southern City can be at the forefront of our innovative future.
Mary Moore’s personal story of entrepreneurship is an inspiration to all aspiring entrepreneurs and business leaders who hope to make a difference for themselves and their communities. Her journey to success is admirable for its creativity and innovativeness. Her path has not been easy or simple. Yet, the difficulties and disappointments along the way have taught her how to navigate the challenges of entrepreneurship. And now, she is teaching us.