Tag Archive for international trade

UK Government in shock push for UK trade abroad. Very close to missing the point, sadly…

David Cameron, on part of his recent US tour, while not fully crediting our role in WWII, spared no time in ‘bigging up’ UK industry overseas, pledging to “reorientate” British foreign policy towards promoting UK trade.

Following the recent emergency budget by our new Chancellor and his pledge to make Britain “Open for business”, there has been scant detail, so far, as to how this will be achieved.

But this is a positive step, I’m sure you’ll agree. I’m a firm believer in giving people adequate time to do the things we hired (voted) them to do. “Why ‘hire’ them, otherwise?” …is my view.

Snap forward a month and cue newly installed Prime Minster, David Cameron on his first official trip to the USA, where hot dogs, American beers and tidy bedrooms were the lighthearted topics du jour.

In his new role as defender of the realm, well kind of, Mr Cameron met with a number of financial and business leaders in the US, and was keen to highlight the changes to the Foreign Office setup.  The main change being that Simon Fraser, formerly at the Department of Business, will be installed at the Foreign Office as permanent secretary to head up this new ‘pro-UK’ mandate.

Following a light lunch with New York City’s Mayor, Michael Bloomberg, Mr Cameron pledged: “I want to make sure that whenever any British minister, however junior, is meeting any counterpart, however junior or senior and for however short a time, they always have a very clear list of the commercial priorities we are trying to achieve, whether that is pushing forward British orders, attracting inward investment or promoting bilateral or unilateral trade talks.”

US-BRITAIN-CAMERON-BLOOMBERG

Cutting the mustard? David Cameron is treated to a hot dog by NYC Mayor, Michael Bloomberg.

Sounds very good on the face of things, and after all this is only one of his first official foreign engagements where the subject of foreign trade would, naturally, crop up.

However, it is also my wholehearted belief that the real emphasis on expanding UK trade should lie a lot closer to home – by giving incentives to UK PLC to reinvest and expand their operations to overseas markets, which will enable them to bridge our widening trade deficit and quicken our economic recovery.

In short, there are many things UK businesses could be doing themselves if our domestic environment allowed, or encouraged them to do.

My main hope with this news, is that it isn’t just talk for the sake of it. That these aren’t just cleverly engineered soundbytes in order to distance Cameron from any poodle-like comparisons to one of his predecessor’s – being “tough on trade”. That would be quite understandable, as the minutiae of the two-day visit – as well as its likely outcome – is being scrutinised by the world’s press, after all.

Not long ago, and without going into too much detail, I delivered this “I told you so” to WordPress and anyone who bothered to read my rant. This was after suffering a nasty bout of “about time, too”, which was  brought on by a round-about admission from, well, everyone, that exporting can help the economy.

Even though my criticisms may have been directed largely towards the previous Government, the common-sense approach we’re asking for isn’t a left vs right issue. I just hope the new coalition doesn’t show the same level of help for UK trade, but instead promotes UK export in a systematic way. Walking the talk, you might call it.

Here’s hoping, anyway. Over to you, Mr Cameron…

Do you think David Cameron’s shift in foreign policy will be positive for UK trade?

{“retval”:1,”msg”:”",”data”:{“blog_id”:”1498368″}}

ALS has won the Queen’s Award: International Trade 2010

Applied Language Solutions has been officially declared as among “Her Majesty’s Finest”.

Not our words, but those of the Manchester Evening News, which, along with a number of other notable publications, announces ALS as a recipient of the Queen’s Award for Enterprise: International Trade 2010.

QA BANNER Blog

This award recognises our sustained international growth and our impressive export sales – two areas that have long underpinned the company’s success, so I’d like to thank everyone at ALS for their ongoing commitment, positivity and dedication.  And it goes without saying that we couldn’t have achieved our international success without the loyalty of our fantastic customers worldwide.

The award comes just six months after ALS was ranked in the Sunday Times Fast Track 100 for the second year running, which also recognises sustained year on year sales growth.

During times of recession, and recovery, accolades can be few and far between. They make even take a back seat at times as the list of your priorities mount.

However, the Queen’s Awards means a great deal to us and in particular to those who were involved in submitting a compelling case to the awards panel.

Many companies try for years for the recognition we have received in such a short period of time, and the number of awards given is down across all categories this year, so it is very humbling for us to have been reconised in this way – something  I cannot emphasise enough.

In addition, we’ve been calling for an increase in UK exporting for well over a year now, so to be recognised for international trade (something which is clearly very close to our hearts and relative to the work we do) makes this presigious award doubly important for us.

So, as we look to continue our global expansion in this coming year, our international operations are set to surpass our domestic exploits and, hopefully, build on the success of ALS and that of our employees.

Post Editing of Machine Translation is a cost-effective way of producing high volume translations, at a fraction of the cost than if it were carried out only by a human translator.

First of all, we take your source document and apply a machine performed translation to it. That gives us a word for word translation that is roughly 50-60% accurate.

We then get one of our professional linguists to do a full proofread, which corrects the errors that naturally occur with machine translation.

PEMT brings accuracy up to around 95%, which, when you’re paying thousands for documents that only circulate internally, or if you have low contextual value, can be a great way for saving money on your translation bill.

So, for low-value, high-volume translation content – PEMT gives translation buyers the perfect option

Toyota recalls: Reaction and cross-cultural criticism

It’s a marketer’s nightmare. Your hugely successful product has a flaw that affects performance and user safety, prompting a global product recall. But what should you do if, like in the case of Toyota, you’ve been “too late” to act?

“The key thing to remember is delayed communication can be just as damaging as a poorly judged action, if not more so. Therefore it is crucial that you hold you hands up, admit there is a problem, apologise then promise to do everything in your power to resolve it with minimum impact on customers – quick and honest communication will give your brand the best chance to make it out the other side of a crisis.” says ALS Head of Marketing & PR and crisis communications specialist, Anna Simpkins.

Akio Toyoda“Product flaws are inevitable from time to time, but people can be very forgiving if they feel they are being listened to and   that someone within the business is taking responsibility.”

There has been much said about Toyota’s response to safety fears over their Pruis and Corolla models in recent weeks, and the company commenced the recall process, although perhaps a bit more slowly than customers and the media would have liked.

To quote Toyota President, Akio Toyoda (pictured), the automotive giant has “failed to promptly analyse and respond” to the safety issues that have plagued them for months.

Once the product flaws are dealt with, the marketing departments are then faced with the unenviable task of assessing the extent of the brand damage and working out how to rebuild customer trust.

This task, in Toyota’s case, is even greater as it is a global issue and the fact that they have, by their own admission, been “too late” to react. Toyoda even added “The problem has also been compounded by poor communications both within our company and with regulators and consumers.”

OK,  so Toyota may have been late to react, and to apologise, but some would say that their eventual handling of this crisis helped them to redeem themselves (which I would tend to agree with), meaning that all efforts can be focused on managing the global recall and minimising the threat of prolonged brand damage rather than fighting their way out of a media scrum.

How do cultural differences affect image?

Cultural awareness, as anyone who works in language services will tell you, is key for all communications. Not least when you’re trying to balance admitting your errors with trying to keep valued customers on-side.

How low to bow: Criticism of Toyota's handling of product flaws, and bowing, has intensified

How low to bow: Criticism of Toyota's handling of product flaws, and bowing, has intensified

Firstly, you can never learn enough from speaking to your own customers.  Asking for a frank assessment from customers is something ALS asks of its customers after every single project.

This provides us with areas for improvement, alerts us to any significant problems when they do arise, as well as the nice ego-boosting comments we tend to get for being so open.

Constant dialogue with our audiences means we are well positioned to deal with any crisis relating to  ALS services, should we ever need to (touch wood).

If you speak to most people in the UK, the general consensus would probably be to admit the mistake, offer to fix it quickly, and do so without added cost or convenience to the customer. Some customers might (either rightly or brazenly), ask for compensation of some kind – but the process is fairly straight forward in cultural terms.

Contrast that with other cultures, such as in Japan, where Toyota have even been criticised for bowing “incorrectly”. US President, Barack Obama didn’t even face that level of criticism, in a recent meeting with the Japanese premier.

Perhaps the most poignant aspect of this was the heartfelt words from Toyota’s Yoshimi Inaba, in a meeting between members of Congress and Toyota bosses. The company’s North American President denied that there had been an instruction not to discuss liability for the fault, declared that “nothing costs Toyota more than loss of trust”.

What cultural differences have you noticed when dealing with complaints, or product/service flaws?

Google helping firms take over the world…

You’ve heard the remarks before, no doubt, that “Google is on a mission to take over the world”. You may have even agreed from time to time, however one thing is certain – they definitely are, but not as you would (like to) think!!

Much has been said about Google (good and bad) since its meteoric rise to fame, fortune and household-namedom, however there is one thing you certainly won’t have heard from the paranoia brigade. I speak of Google UK’s recent launch of its Export Advisor website – a free tool that guides business managers through the various barriers to entry to overseas markets and thus helps them to export with relative ease.

The overarching aim of Export Advisor is to encourage small firms and first-time exporters trade overseas by giving free impartial advice and ‘how to’ guides for all things exporting. They’ve even come up with a nifty (dare I say nifty?) market sizing tool for certain geographic regions based on your market (screenshot below).

Google Market Sizing Tool

Google's market sizing tool gives potential opportunities for your products/services abroad.

Sticking to what they clearly know best, Google have also impressively drafted in a number of suppliers to cope with all the non-web based elements of exporting. These include HSBC, Royal Mail, the Institute of Export and Applied Language Solutions.

In keeping with the exporting theme, Applied Language has also teamed up with Google and the other partners to launch Export  Box. Combining translation, shipping, banking, in-country Pay Per Click and Google advertising for a one off fee, Export Box is the first ever ‘out of the box’ exporting package.

Anyone reading this is encouraged to take a look at the Export Advisor website and try out the (beta) tools for themselves. Oh and try not to reach the conclusion that Google are trying to help you take over the world…

Happy exporting!