Women Leadership Magazine
USA
Conference & Gala 2018
Save the Date September 18, 2018
Location: Washington Convention Center
801 Mt Vernon Pl NW, Washington, D.C. 20001
New Session Added to Conference
Doing business in African Markets Best Practices
Session VISION: To provide a better understanding of the Strategic Analysis & Assessment Process required to start a new business and/or expand your existing business into the Emerging Africa Markets.
OBJECTIVE: The Strategic Process is Complex and involves many variables such as: Costs / Challenges / Obstacles / Resources / Risks / Time / Support [No seminar or presentation can fully explain all that needs to be done You need specific experienced professional support to navigate this process]
DISCUSSION TOPICS:
• Set Achievable Goals and Develop an effective Strategic Business Plan
• Utilize Strategic Thinking internally & externally (outside the box)
• Identify Economic Costs and Estimated Sustainable Model(s) required for your start-up or expansion
1 Identify Sources of Capital & Resources
2 Effective Utilization of Private/Public Partnerships and/or local Strategic Alliances
3 Pro-active transfer of US Intellectual Skills & integration to new labor force
• Identify & Utilize Effective Networking
1. With Foreign Government Officials & Embassy Officials (US & Foreign)
2. With the specific African country/region Diaspora in the US
3. With local African Business Leaders / Companies / Prospective Vendors & Service Providers
• Understanding the African Culture/Business Process vs. the US Business Process
1. Developing & Maintaining a current data base
• Effective Communication Methods
1. Telephone / Email / Website / In Person Events / Newsprint & Television or other Media outlet
• Effective Follow-up Techniques
1. During Planning & Due Diligence Process
2. During Exploration, Test and/or Pilot Process
3. During Implementation & Transition Process
4. During Business Operation Process
• Identify & Assess Risk
1. Economic – Costs vs Benefits of this new venture or expansion
2. Financial– Prepare extensive budget including required insurance coverage(s)
3. Legal – Identify costs, direct liability, indirect liability, and other liability
4. Market – Assess & evaluate the Target Market(s)
5. Environmental – Geographic, Climate, Transportation, Health
6. Political/Religious – Term limits, Corruption, Cultural Attitudes, Product restrictions/limitations
Moderator: James Barbieri
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