Tuesday, August 3, 2010

Global Success


Above, France's Order national de la Legion d'honneur

There is no one formula to success, as success is many different things to many different people. It varies industry to industry, country to country. There are all types of classic success from winning Olympic gold, the American Oscar, the Swedish Nobel Prize or the French Legion of Honor. It is also considered success to have a healthy family, or help people less fortunate than you. Ultimately, for international business it is your education, skills and relationships that will be life long assets to in the college, internship and job steps...

1 – Respect existing resources and advantages – appreciate what you have already learned and consider existing resources such as a family business and family contacts
Read about billionaire heiresses making the most of their assets:

2-Academic research - study the schools and the programs they offer, you should begin as a generalist. Here are some specialties:
Entrepreneurship, International law, Management, Finance/Accounting, Marketing/Advertising, Communications/Information Systems
-Best US business schools
University of Chicago
Harvard Business
Northwestern
University of Penn/Wharton
Stanford
-Best International Business Schools
Queens University, Canada
IE Business, Spain
INSEAD, France
University of Western Ontario, Canada
London Business School

3-Market research – study the top businesses. You need to follow Business Week and other major news sources to gain insight to the world’s influential businesses. You should also follow macroeconomics.

4-A clear but flexible global vision- After you research, decide what role you want to play globally. Think big and visualize your success. But remember with each project it is good to consider many options before you execute something and to remain flexible to change.

5-Internship- Seek summer internships with top businesses starting as soon as your Freshmen year in college

6-Skill building- International business is an area that requires you to have advantages
Language skills – you need a minimum of 2 fluent languagesCreative skills – given the competition of capitalism creativity gives you an edge
Team skills –most business schools work in teams because business is about relations
Leadership skills – step up to the leadership position of school teams
Analysis skills – in the end business is about learning, analyzing and applying the knowledge. The stock market, and long range planning both require analysis skills.

7-Continued relationships- Because business is about relationships, make an effort to have good bridges from school to the work world, as you never know when you will cross paths again

See Forbes guide to a first job:

See Forbes guide to best cities for business careers:

See US CNN corespondant Jim Bittmen honored by France for his success in media:

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