Coming to terms with technology is crucial if smaller businesses are to succeed abroad and compete with the multinationals.
With this in mind FedEx hosted a virtual roundtable, ‘Information Generation’, where executives Raj Subramaniam and Michael Foster, and The Boston Consulting Group’s Ralf Dreischmeier, discussed the transformative impact of IT on global commerce.
A focus in the discussion was small business and the role of IT in helping entrepreneurs to overcome challenges and build their businesses abroad, successfully.
“Information technology has been a great equalizer for businesses large and small,” Foster said. “Navigating complex customs requirements or managing global inventory is now much easier for small businesses. Information technology has greatly expanded opportunities, helping small businesses to find new markets and compete on a global scale.”
Michael Foster’s five IT tips for small businesses looking to ‘go global’:
Michael Foster is the Vice President of Information Technology for FedEx Express in Europe, Middle East, Indian Subcontinent and Africa. He is responsible for developing and managing all internal and external technology for the EMEA division.
FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories worldwide.