By Shinichiro Nakamura, president of one to ONE Holdings
Global expansion accounts for more than half of all corporate growth in the past decade. So, it’s no surprise that manufacturers continue to penetrate new markets.
This wider globalization trend is largely driven by the rise of emerging markets, sustainability efforts, and localizing production based on resources.
However, entering new markets is easier said than done, particularly when facing hurdles such as regulations, tariffs, talent shortages, different cultures, and limited technology. [Read more…] about How manufacturing leaders can thrive when entering new markets