ISO - International Organization for Standardization’s Post

Thoughtful thought leadership = powerful PR. 💪 Many organizations don’t realize the true impact strategic thought leadership can have with target audiences. Take our client ISO - International Organization for Standardization’s opinion editorial published on the World Economic Forum's Agenda Blog this week, which includes post-event reflections from #AMNC24. With this blog, ISO is continuing to lead a crucial conversation about the future of the digital economy & AI, and achieving perhaps far greater cut-through than if it they had published during a very busy #AMNC24 content week last week. Post-event PR is also heavily underrated. But, more on that in an upcoming post… Today’s takeaway is that PR thought leadership remains relevant, it’s still remarkably powerful in influencing conversations and it drives significant impact.💥 #callmemaybe #thoughtfulthoughtleadership #PR Katie Clift

The World Economic Forum's Annual Meeting of the New Champions, or 'Summer Davos,' highlighted the digital economy and AI. Over two-thirds of new value in the next decade is expected to come from digitally enabled platforms, with AI permeating all industries. To ensure emerging economies benefit from these technologies and fully engage in global trade, it's crucial to build capacity and establish international standards.

Steering Through Uncertainty: GTPA's Insight into the Forces Shaping Global Trade and Supply Chains in 2024-2025

Steering Through Uncertainty As we venture further into 2024, the landscape of international trade and supply chains is marked by unprecedented unpredictability. In this dynamic environment, success lies in fortifying businesses with resilience and adaptability. At GTPA, we recognise the imperative of navigating these complexities. Drawing upon our expertise, we've distilled ongoing trends that will continue to wield influence over global trade and supply chains: 1. Global Economic Recovery: Post-pandemic economic trajectories will wield significant influence, with GDP growth, inflation rates, and fiscal policies shaping trade patterns and supply chains. 2. Geopolitical Tensions: Escalating rivalries and conflicts between major powers can disrupt trade routes and reshape supply chains, demanding strategic agility. 3. Technology and Automation: Innovations in AI, robotics, and blockchain promise to revolutionize supply chains, enhancing efficiency and resilience while necessitating adaptation to evolving trade dynamics. 4. Climate Change and Sustainability: Heightened awareness of climate change drives demand for sustainable practices are prompting shifts towards renewable energy sources and eco-friendly materials in supply chains. 5. Digital Trade and E-commerce: Accelerating digitalization, fuelled by smartphone proliferation and evolving consumer behaviours, necessitates agile adjustments in logistics and distribution networks. 6. Trade Agreements and Tariffs: Evolving trade policies, including new agreements and tariff fluctuations, present challenges and opportunities for businesses navigating global supply chains. 7. Pandemic Preparedness and Resilience: Lessons from the COVID-19 crisis underscore the importance of resilience, prompting reassessment of supply chain strategies and digitalization efforts including on or near shoring and multiple supply options. 8. Labor Markets and Skills Shortages: Changing demographic trends and automation impact labour availability and costs, influencing production dynamics and supply chain strategies. 9. Health and Safety Regulations: Stringent regulations in response to pandemics and public health crises necessitate adaptations in manufacturing processes and inventory management. 10. Energy Prices and Transition: Fluctuations in energy prices and the transition to renewable sources reshape supply chain cost structures, particularly in energy-intensive industries. In addition to these overarching trends, geopolitical and climate events pose ongoing challenges to global logistics and shipping, underlining the importance of regionalisation strategies. Meanwhile, cybersecurity risks and the integration of AI underscore the imperative of robust risk management and ethical considerations. At GTPA, we've developed the Dynamic Trade Education Framework (DTEF) to equip businesses with the agility needed to thrive in this volatile landscape. Email us at [email protected].

Expectations for the Globalized Market in 2024: Challenges and Opportunities As we approach 2024, the global market scenario is filled with expectations, influenced by recent events such as the stalemate in the Mercosur-European Union agreement. This case illustrates the complexity and interconnectedness of modern economies, simultaneously facing unique challenges and opportunities. One of the main challenges for 2024 will be managing trade and geopolitical tensions. Negotiations between economic blocs, like Mercosur and the European Union, reflect the need to balance national interests with global economic integration. The uncertainty generated by these negotiations can impact investment decisions and trade flows, requiring countries to engage in more astute and adaptive economic diplomacy. However, 2024 can also be a year of significant opportunities. The growing awareness of sustainability and corporate social responsibility can open new markets and stimulate innovations. Companies and countries that adapt to these trends, incorporating more sustainable practices, may benefit in terms of both image and economic performance. Technological advancement will continue to be a major driver of economic growth. Digitalization, automation, and new technologies such as artificial intelligence have the potential to transform entire sectors, improving efficiency and creating new business models. Additionally, the post-pandemic economic recovery will continue to be a central theme. After the challenges brought by COVID-19 and its variants, 2024 is expected to be a year of more robust recovery, with countries using the lessons learned during the pandemic to strengthen their economies and health systems. On the other hand, the environmental issue will remain in the spotlight. The impact of economic activities on the environment and the need for a transition to cleaner and more sustainable energies will be topics of debate and action. Pressure for environmental and social responsibility may lead to significant changes in policies and business practices. In summary, 2024 presents itself as a year of reconstruction and realignment for the globalized market. The ability of countries and companies to adapt to new realities - from the complexity of trade negotiations to demands for sustainability and technological innovation - will define success in this dynamic and interconnected scenario. The choices made now will have lasting repercussions, shaping the future of trade and the global economy.

Human can live without integrated circuit, but can't live without oil. Crude petroleum is an enabler. Similarly, metadata is an enabler. Without metadata, NO data can be found/retrieved, even by the most advanced technologies, like AI, NVIDIA chips, supercomputers, etc. https://lnkd.in/g-aJFnX We are using our intellectual property (IP), a copyrighted multilingual metadata, to do what AI can't do in data analytics. Does thus ring a bell to you? Thanks.

ACI hosted its most recent #webinar on "Facilitating Data Flows Across ASEAN: Challenges and Policy Directions" on October 31. We discussed with representatives from the private sector presssing issues including key challenges for inter-ASEAN business operations, the effectiveness of current national and international policy approaches, future pathways to regulating emerging technologies, as well as the significance of #ASEAN's Digital Economy Framework Agreement (#DEFA) that is currently under negotiation. These insights can support ASEAN policy makers, both at the national and regional level, to design a data environment that both safeguards citizen's and national interests and facilitate digital trade to transform ASEAN into a leading digital economic bloc.   More details are available on ACI Perspectives: https://lnkd.in/gcmMeFDg By Paul Cheung, Jingting Liu, Ulrike Sengstschmid   Special thanks to: Grab: Shivi Anand, Asia Internet Coalition (AIC): Jeff Paine, Squire Patton Boggs: Charmian Aw #NUS #lkyspp #CrossBorderDataFlow #ASEAN #DEFA #DataLocalization #DataProtection #Privacy #DigitalEconomy Lee Kuan Yew School of Public Policy

The digital economy and #ArtificialIntelligence were key talking points at the World Economic Forum's Annual Meeting of the New Champions - or 'Summer Davos'. It is estimated that more than two-thirds of new value created over the next decade will come from digitally enabled platforms and AI is infiltrating every industry. We need to continue to build capacity and international standards so that emerging economies can get the most out of digital technologies and participate fully in global trade. https://lnkd.in/ePyxneAE Author:    Sung Hwan Cho, President, ISO - International Organization for Standardization

Are you an exporter or aspiring to venture into exporting? 🌐 Tomorrow, you can join a FREE online webinar hosted by the Export Council of Australia, focusing on navigating the international trade landscape in 2024.

Title: Navigating Global Markets: Strategies for Success in Today's Economy In today's interconnected world, businesses face the challenge of navigating global markets with agility and precision. As a student of international business, I've explored the intricacies of global trade and uncovered key strategies for success in this dynamic landscape. Understanding Market Dynamics: To excel in global markets, a deep understanding of market dynamics is essential. This involves thorough research to identify opportunities and challenges, analyzing local regulations, and staying informed about geopolitical events that could impact business operations. Building Strategic Partnerships: Strategic partnerships with local businesses and stakeholders can provide invaluable insights and access to new markets. Collaborating with trusted partners who understand the local landscape can help mitigate risks and enhance market penetration efforts. Adapting to Cultural Differences: Cultural sensitivity and adaptability are paramount in international business. Tailoring products and communication styles to suit local preferences, and respecting cultural norms, can foster positive relationships and drive success in global markets. Managing Risk: Navigating global markets involves inherent risks, such as currency fluctuations and political instability. Implementing risk management strategies, such as hedging currency exposure and diversifying market presence, is crucial for mitigating potential challenges. Embracing Technology: Technology plays a pivotal role in modern global trade. Leveraging digital platforms for market research, e-commerce, and communication can enhance efficiency and competitiveness in the global marketplace. Investing in Talent: A skilled and diverse workforce is essential for success in international business. Investing in employee training and development, particularly in cross-cultural competencies, ensures teams are equipped to navigate diverse markets and drive business growth. By embracing these strategies, businesses can navigate global markets effectively and seize opportunities for growth and expansion. As aspiring professionals in international business, it's crucial to continually adapt and learn in order to thrive in today's global economy.