prymarke llc introduction 1
TRANSCRIPT
Overview ofOverview of
PryMarke, LLC (USA)Global Project-based Marketing & Trade Optimization
March, 2016
AgendaAgenda
About About PryMarkePryMarke, , LLCLLC
Challenges of Challenges of Today’s GlobalismToday’s Globalism / Global Realities/ Global Realities
Select ExamplesSelect Examples
Geopolitical ConcernsGeopolitical Concerns
Major PointsMajor Points
Suggested Reading / ChairmanSuggested Reading / Chairman’s’s Publications Publications
ConclusionsConclusions
PryMarke, LLC
About About PryMarkePryMarke,, LLC LLC
Originally established in Originally established in Georgia, USA in 2004Georgia, USA in 2004 as as a global marketing and trade a global marketing and trade
optimiztion consultancyoptimiztion consultancy.. Now organized in Michigan, USA. Regional office Now organized in Michigan, USA. Regional office in in
Istanbul, Turkey and sister company in London, England (PryMarke Europe)Istanbul, Turkey and sister company in London, England (PryMarke Europe)..
Offices in Offices in AustraliaAustralia, Bulgaria, Hungary, , Bulgaria, Hungary, Poland, and Singapore iPoland, and Singapore in 201n 20166
First client was Banco Nacional in Costa Rica to optimize systems to conform with First client was Banco Nacional in Costa Rica to optimize systems to conform with
the Central American Free Trade Agreement (CAFTA)the Central American Free Trade Agreement (CAFTA)
Primary focusPrimary focus on developing on developing new businessnew business for middle-sized organizationsfor middle-sized organizations
Target industries: Target industries: Aircraft, Education, Aircraft, Education, Energy, Energy, Export / Import, Information Export / Import, Information
Technology, Technology, Manufacturing, and Medical EquipmentManufacturing, and Medical Equipment
Founder:Founder: Bryan ChristianseBryan Christiansenn (2004) (2004)
• bulbul
PryMarke, LLC
Speaker BackgroundSpeaker Background
Bryan Christiansen – Total of Bryan Christiansen – Total of 3030 years in international business years in international business in 40 countries in 40 countries
Fluent Fluent in Chinese, Japanese, Spanishin Chinese, Japanese, Spanish. Consecutive interpretation & translation experience. Consecutive interpretation & translation experience
Former American Express Financial Advisor, IBM SalespersonFormer American Express Financial Advisor, IBM Salesperson
Former Business Professor at Capella University, DeVry University, New York Institute Former Business Professor at Capella University, DeVry University, New York Institute
of Technology (USA). of Technology (USA). Former Former SSpecial Advisor to Rector ofpecial Advisor to Rector of Gümüşhane University Gümüşhane University
(Turkey)(Turkey)
Published author of 1Published author of 199 articles / books on business, economics, management, marketing articles / books on business, economics, management, marketing
DBA, Business Administration – Middlesex University, United Kingdom (2020) ***DBA, Business Administration – Middlesex University, United Kingdom (2020) ***
MBA, General Business – Capella UniversityMBA, General Business – Capella University, USA (2003), USA (2003)
BS, Marketing – University of the State of New YorkBS, Marketing – University of the State of New York, USA (1996), USA (1996)
Member – Academy of Management, American Economic AssociationMember – Academy of Management, American Economic Association PryMarke, LLC
Challenges of Challenges of ContemporaryContemporaryGlobalizationGlobalization
Peter Drucker’s “Five CertaintiesPeter Drucker’s “Five Certainties””, McKinsey Global Institute’s “Global Forces”, , McKinsey Global Institute’s “Global Forces”,
and Andersen & Wong’s “Intangibles”.and Andersen & Wong’s “Intangibles”.
AgeAge of the “Knowledge Worker” of the “Knowledge Worker” and serious skills gaps worldwide and serious skills gaps worldwide
Business / Product Life Cycles drastically altered due to speed of technology useBusiness / Product Life Cycles drastically altered due to speed of technology use
Corporate capital and liquidity buffers must be increased for unexpected Corporate capital and liquidity buffers must be increased for unexpected
developments in global marketsdevelopments in global markets
Industry uncertaintyIndustry uncertainty
Global inflationGlobal inflationPryMarke, LLC
ChallengesChallenges (cont.) (cont.)
Peter Drucker’s “Five CertaintiesPeter Drucker’s “Five Certainties”” include: include:
Global competitivenessGlobal competitiveness
Redefinition of corporate performanceRedefinition of corporate performance
Growing incongruence between global economic and political realitiesGrowing incongruence between global economic and political realities
Shifts in the distribution of disposable incomeShifts in the distribution of disposable income
Collapsing birthrates in the developed worldCollapsing birthrates in the developed world
PryMarke, LLC
ChallengesChallenges (cont.) (cont.)
McKinsey Global Institute’s Five “Global Forces”:McKinsey Global Institute’s Five “Global Forces”:
The Great Rebalancing – Emerging markets grow more than developed onesThe Great Rebalancing – Emerging markets grow more than developed ones
Global Grid – A more connected global economy increases instabilityGlobal Grid – A more connected global economy increases instability
Productivity – Developed world must increase productivity for global growthProductivity – Developed world must increase productivity for global growth
Market State – World governments under increasing pressure Market State – World governments under increasing pressure
Pricing the Planet – Changing social attitudes towards the environmentPricing the Planet – Changing social attitudes towards the environment
PryMarke, LLC
ChallengesChallenges (cont.) (cont.)
Innovation and “Intangibles” (Anderson & Wong, 2013):Innovation and “Intangibles” (Anderson & Wong, 2013):
Innovation must combine both radical and incremental aspects for sustainabilityInnovation must combine both radical and incremental aspects for sustainability
Value creation must fundamentally change from tangible to intangible sources Value creation must fundamentally change from tangible to intangible sources
to remain competitive in an era of global hypercompetitionto remain competitive in an era of global hypercompetition
Examples of intangible sources include: 1) Firm strategy and positioning; 2) Examples of intangible sources include: 1) Firm strategy and positioning; 2)
Radical innovation and first mover advantages; 3) relational optimality; Radical innovation and first mover advantages; 3) relational optimality;
4) organizational ambidexterity; 5) transaction cost efficiency; 6) network 4) organizational ambidexterity; 5) transaction cost efficiency; 6) network
effects and externalities.effects and externalities. PryMarke, LLC
Global RealitiesGlobal Realities
PryMarke, LLC
Geopolitical ConcernsGeopolitical Concerns
China begins to fragment around 2020 after economic “correction” in 2012-13China begins to fragment around 2020 after economic “correction” in 2012-13
Eurasia becomes a major focal point following Russian “2nd collapse” by 2020Eurasia becomes a major focal point following Russian “2nd collapse” by 2020
Turkey most likely becomes a regional economic power by 2020Turkey most likely becomes a regional economic power by 2020
USA economic power regains global strength during the 2020s, thus retaining North USA economic power regains global strength during the 2020s, thus retaining North
America as the center of the “international system”America as the center of the “international system”
Growing economic power in Poland will challenge a weakening European UnionGrowing economic power in Poland will challenge a weakening European Union
Mexico will begin challenging USA supremacy in North America from 2040Mexico will begin challenging USA supremacy in North America from 2040
PryMarke, LLC
SSelect Exampleselect Examples
o Introduced higher profit-margin industries to Turkey for sustained national economic Introduced higher profit-margin industries to Turkey for sustained national economic
growth and increased stanard-of-living in the city of Bursa (growth and increased stanard-of-living in the city of Bursa (““Bursa Project” )Bursa Project” )
o Created and implemented a Created and implemented a successful successful marketing plan to find qualified sales leads for marketing plan to find qualified sales leads for
an American-Russian joint venture software company that operated throughout the an American-Russian joint venture software company that operated throughout the
Former Soviet UnionFormer Soviet Union
o Developed a more robust international banking system for Banco Nacional in Costa Developed a more robust international banking system for Banco Nacional in Costa
Rica to assist the bank’s clients with transactions related to the Central American Rica to assist the bank’s clients with transactions related to the Central American
Free Trade Agreement (CAFTA)Free Trade Agreement (CAFTA)
PryMarke, LLC
Major PointsMajor Points
Information Technology continues to drive most Information Technology continues to drive most
markets and industries around the worldmarkets and industries around the world
PryMarke, LLC
MMany firms lack understanding how to develop sustainable new any firms lack understanding how to develop sustainable new
business in major markets even within their own territoriesbusiness in major markets even within their own territories
Contemporary globalism has highly altered Contemporary globalism has highly altered
business and product life cycles worldwidebusiness and product life cycles worldwide
HighlyHighlySuggested Suggested ReadingReading
““The Next 100 Years: A Forecast for the 21st Century” by George FriedmanThe Next 100 Years: A Forecast for the 21st Century” by George Friedman
““Management Challenges for the 21st Century” by Dr. Peter DruckerManagement Challenges for the 21st Century” by Dr. Peter Drucker
““The Next Global Stage” by Kenichi OhmaeThe Next Global Stage” by Kenichi Ohmae
““The CThe Competitive Advantage of Nations” by Michael E. Porterompetitive Advantage of Nations” by Michael E. Porter
““Globalization and Its Discontents” by Joseph StiglitzGlobalization and Its Discontents” by Joseph Stiglitz
““Best Practices for Industry-University Collaboration” by Best Practices for Industry-University Collaboration” by MITSloan ReviewMITSloan Review
““Introducing Growth Markets” by Goldman SachsIntroducing Growth Markets” by Goldman Sachs
““Global Talent Mobility: The 21st Century Business Imperative” by Deloitte DevelopmentGlobal Talent Mobility: The 21st Century Business Imperative” by Deloitte Development
““Diversity Management: Expert-Identified Leading Practices and Agency Examples” by the Diversity Management: Expert-Identified Leading Practices and Agency Examples” by the
United States Government Accountability Office (GAO)United States Government Accountability Office (GAO)PryMarke, LLC
Chairman’Chairman’s s PublicationsPublications
Cultural Variations and Business Performance: Contemporary GlobalismCultural Variations and Business Performance: Contemporary Globalism
Cultural and Technological Influences on Global BusinessCultural and Technological Influences on Global Business
Transcultural Marketing for Incremental & Radical InnovationTranscultural Marketing for Incremental & Radical Innovation
Economic Behavior, Game Theory, and Technology in Emerging MarketsEconomic Behavior, Game Theory, and Technology in Emerging Markets
Diversity Management in Transcultural Organizations Diversity Management in Transcultural Organizations
Economic Growth and Technological Change in Latin AmericaEconomic Growth and Technological Change in Latin America
Handbook of Research on Global Business OpportunitiesHandbook of Research on Global Business Opportunities
Comparative Economic Perspectives on Europe and the MENA RegionComparative Economic Perspectives on Europe and the MENA RegionPryMarke, LLC
ConclusionsConclusions
PryMarkePryMarke, , LLCLLC is a is a m management consultancy anagement consultancy
based in Michigan, USA with a regional office in based in Michigan, USA with a regional office in
Istanbul,Istanbul, Turkey. Turkey. Company o Company originally organized in riginally organized in
2004 in Georgia, USA2004 in Georgia, USA. Sister company in UK.. Sister company in UK.
Company assistCompany assistss with long-term with long-term client gclient goals oals usingusing
new business developmentnew business development optimization strategies optimization strategies
President and staff are multi-lingual professionals President and staff are multi-lingual professionals
with a wide range of with a wide range of pertinentpertinent experience experience in in
business and technologybusiness and technology
PryMarke, LLC
PryMarke, LLC
PryMarke, LLC (Headquarters)9408 Bellevue Road
Battle Creek, Michigan 49014 USA+1-615-969-9807 (USA)
+90-222-408-0111 (Turkey)[email protected]