Electronic business booming in Germany 29. January 2007 by Thomas Jannot According to a statement by the Federal Association of Information Management, Telecommunications and New Media (BITKOM) electronic business is booming in Germany. 46 billion Euros were spent by Germans on goods and services in the year 2006 on the internet. This represents an increase by 44% as compared with the previous year, says BITKOM. The …
Small companies and retail market suffering from Basel II 29. January 2007 by Thomas Jannot In the course of an online-survey conducted at the end of December 2006 the German Association of Chambers of Commerce and Industry (DIHK) questioned more than 1100 companies about their opinions on the consequences of Basel II. Some of the findings are available now according to which in particular small companies and the retail business …
Protection of intellectual property to be increased 26. January 2007 by Thomas Jannot German companies are suffering always more and to an ever greater extent from counterfeit products. This problem is addressed by a new bill adopted last Wednesday by the Federal goverment which is to transpose a corresponding EU directive. This bill not only facilitates the fight against forgeries, but it also reduces the malpractice of sending …
EU wants to reduce administrative burdens on companies 26. January 2007 by Thomas Jannot By the year 2012 the EU Commission wants to reduce administrative burdens on companies by 25%. In a presentation on Wednesday the Commission introduced an action plan which aims at reducing reporting requirements in 13 selected areas. These include issues like company law, employment relationships, fiscal law, statistics, agriculture and transportation.
Trends of technology, media and telecommunications explained by Deloitte study 26. January 2007 by Thomas Jannot A truly comprehensive analysis of trends in the fields of technology, media and telecommunications (TMT) is provided by the Deloitte accountancy and consultancy firm in its »TMT Trends 2007« study. Here the trends in short: the most important technological aspects are user friendliness and data protection. With regard to the media sector social networks are …
Rambo-like bosses can mobilize only half of their employees´ potential 25. January 2007 by Thomas Jannot That true top managers have to be tough and should take sweeping measures is a picture which some executives from major companies not only can fully identify with, but which may also be more easily conveyed by the media than that of the careful and circumspect executive. However, Mr. Norbert Copray who is director of …
Only one third of German enterprises offer further training 25. January 2007 by Thomas Jannot A study by StepStone warns that there is not enough further training provided by companies in Germany. Thus, just 33% of all companies pay attention to providing regular further training to their employees. 67% of companies asked offer further training rather rarely or even not at all. However, in other European countries including the Baltic …
Most innovative German regions are in the South 23. January 2007 by Thomas Jannot According to a statement by the Cologne-based Institute for the German Economy „South Germany is the innovation leader«. There was no other place in Germany where there were as many patents pending on a per capita basis as in Baden Wurttemburg and Bavaria. But not only was the North of Germany lagging behind. In particular …
Kienbaum study on salaries in the Czech Republic 23. January 2007 by Thomas Jannot To many small and medium-sized entities the Czech Republic represents a very appealing production site within the EU. A new joint study prepared by the Kienbaum management consultancy and the German-Czech Chamber of Commerce and Industry called „Unternehmen in Tschechien: Leitende Angestellte und Mitarbeiter» sheds light on salaries paid in this Eastern part of the …
Advertisement: Oracle sponsors SME day 23. January 2007 by Thomas Jannot Three million small and medium-sized entities account for 57 percent of the entire German economic output. These companies employ 74 percent of all gainfully employed persons and train 75 percent of all apprentices. Thus, small and medium-sized entities (SMEs) stand for entrepreneurial spirit, innovation and progress.