Attitudes of European executive managers different 17. November 2006 by Thomas Jannot A study by the European Management Association and a survey carried out by the German RKW centre among Germans have shed light on the state of mind of European executive managers. One thing is sure: The knowledge and observing of values and attitudes of foreign business partners strongly increases the chances of successful negotiations.
Most faked products come from China 17. November 2006 by Thomas Jannot The EU Commission has published their latest customs statistics on faked products and brand piracy. These reveal that in 2005 more than 75 million faked products were seized by EU customs authorities which also represents an increase in those counterfeits which could be harmful to humans.
In the eyes of Germans decision making is too slow in German companies 17. November 2006 by Thomas Jannot Almost fifty percent of Germans (47 percent) believe that the decision making processes in German companies are too slow and inflexible. Only 27 percent consider them to be flexible and uncomplicated. 26 percent cannot make up their mind in this respect. These are the findings of a current survey by the European job portal Stepstone …
Red tape to be reduced by 25 percent by 2012 15. November 2006 by Thomas Jannot On Tuesday the European Commission proposed to reduce administrative expenses of companies in the EU by 25 percent by the year 2012. It is estimated that this could lead to the EU´s GDP increasing by 1.5 percent (approximately 150 billion Euro) while at the same time creating more jobs and generating more investment.
Transparent fiscal systems would lead to higher revenues 14. November 2006 by Thomas Jannot High nominal tax rates, complicated fiscal legislation and tax authorities working inefficiently are to blame for the fact that particularly in developing countries many companies are driven to operate in a shadow economy. But even in Europe there are similar problems: Particularly marked are the differences between nominal and actual tax burden and this it …
EU invites to tender for economic online services 13. November 2006 by Thomas Jannot The European Commission´s directorate general for economy and finance has published an invitation to tender for online services. These are to provide business and industry information, news, data from financial markets and macroeconomic analyses on emerging markets in the new EU member states of Middle and Eastern Europe as well as on emerging markets in Asia, …
On average companies spend 105 hours annually on paper work required by fiscal legislation 13. November 2006 by Thomas Jannot Each year companies in Germany spend about 105 hours on dealing with fiscal issues. Thereof about 40 hours are spent on handling turnover tax issues. However, the time spent on these things in Germany is still considered to be relatively limited. Only in 25 countries you can prepare your tax return quicker than in Germany.
Companies concentrate on more further training instead of raising salaries 13. November 2006 by Thomas Jannot Next year most companies instead of raising salaries significantly plan to concentrate on comprehensive further training. This is a finding of a current study prepared by Mercer Human Resource Consulting which questioned 430 mainly multinational European companies on their salary strategy for 2007.
General conditions for doing business abroad not that important after all 10. November 2006 by Thomas Jannot In strong contrast to the general opinion, to companies operating abroad the general conditions for doing business in the respective host country are of minor importance. Only 16 percent (mostly major companies) consider this to be a key parameter for economic success.
European ICT Prize 2007 competition started 10. November 2006 by Thomas Jannot The European Information and Communication Technologies Prize competition for 2007 is under way. The prize is endowed with a total amount of 700.000 € and organized by Euro-CASE and sponsored by the European Commission. Eligible of being awarded the prize are products and services drawing on information and communications technology while at the same time …