doing business abroad 12 09 withedits
TRANSCRIPT
Michael J. ColaneriVice President
AT&T Global Markets
Today’s Topics Who is AT&T Global Who is MC Hiring Considerations Off shore Challenges
Korea UK Dubai
Global Market Trends Examples
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AT&T Global
• Largest telecom company serving 97% of the world’s economy
• Largest mobility network with widest global reach
• Leading applications hosting, management and delivery infrastructure
• 300,000+ global workforce
• $120B Revenues
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2006 Real GDP Growth
AT&T GlobalBorderless Economies
• S&P 500 companies get half their sales outside the United States
• Companies increasingly turning to off shoring/outsourcing to address global competitors
AT&T Global Markets Fortune 300
Global workforce with centralized decision authority Full scope enterprise voice, data, IP, mobility
network/services Annual revenues exceed $50B
Technology Vertical $1B Revenues or 1% of AT&T Revenues
Trend -15% growth YOY Objective +5% growth YOY 154 FTE
Hiring in a Global Economy What do I look for?
Brains Technical industry experience Sales/management Temperament for large firm
Motivation Cultural acuity Autonomy
How do I assess? Talk
Who are you?
Emerging Markets Challenges Cognitive Styles Negotiating Strategies Values & Behavioral Basis Business Practices
Punctuality to Entertainment Protocol
Forms of Address, Gestures, Gifts, Attire
Examples Korea, England, Dubai
Worldwide Market Trends Strive for Balance Sheet efficiencies Declining revenues Compressed supply chains
Challenges How to grow share when all markets seeking concessions How to delineate teams between offense/defense Lead market focus to investment areas of mutual profit