scholarly journals Characteristics of the Factors Affecting the Performance of the Global Business Services Sector in Latvia

2021 ◽  
Author(s):  
Edite Zile ◽  
◽  
Lasma Licite-Kurbe ◽  

In Latvia, the global business services sector accounts for 2.3 % of GDP, and its share in total service exports is 8 %, while the turnover of the sector in 2019 was estimated at EUR 400 mln., which indicates that the global business services sector in Latvia is an important component of the national economy. The global business services sector in Latvia has developed relatively recently, so it has not yet been sufficiently assessed and researched. The aim of the research is to describe the factors affecting the development of the global business services sector in Latvia. The research concluded that the global business services sector in Latvia was promoted by such factors as the availability of labour and low labour costs, as well as a relatively favourable business environment. The potential of the global business services sector in Latvia is also characterized by its advantageous geographical location, especially from the perspective of Scandinavian investors (including in terms of cultural similarities), as well as the foreign language skills of potential employees. The establishment of the Association of Business Service Leaders in Latvia (ABSL Latvia) (the only such an association in the Baltic States that defends the interests of this sector) is also an important driver for the development of the sector.

ITNOW ◽  
2020 ◽  
Vol 62 (4) ◽  
pp. 12-13
Author(s):  
Paul D Jagger

Abstract Pulling out his map and compass, Paul D Jagger CITP FBCS — IBM Global Business Services — Talent and Transformation — considers how Covid-19 has fundamentally altered how learning and development programmes should be designed and deployed.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Bhawana Bhardwaj

PurposeIn today's global business environment, international assignments have become integral part of employee's job profile. Adaptation to a different cultural environment plays a role in affecting employee's performance. In such a situation, cultural intelligence plays an important role. In order to sustain in a diverse work setting, a global organization entails managers who are sensitive to different cultural requirements. Factors affecting cultural intelligence have been a major area of study. However, studies relating short-term foreign trips and their role on four aspect of cultural intelligence are lacking. Therefore, present study was undertaken to know role of foreign visits in affecting cultural intelligence among professionals of diverse background.Design/methodology/approachThe present study is a primary study conducted for a sample of 120 respondents divided into two groups. One group comprised professionals having experience of foreign visits while other group comprised professionals who had not visited a foreign country. We use Levene’s Test for equality of variances was applied to assess the difference of variation of cultural intelligence between two different groups of respondents.FindingsThe results revealed that short-term trips play a significant role in affecting metacognitive, cognitive and motivational components of cultural intelligence. However, behavior cultural intelligence is not affected by short-term trips significantly.Research limitations/implicationsOutcome of present research forms basis for future studies that can be conducted linking long-term trips and culture intelligence. This study is practically useful for improving cultural intelligence of professionals to enhance their success and effectiveness in international assignments.Originality/valueThe study adds novelty to the field of cultural intelligence as prior studies were lacking in relating role of short-term trips on four different components of cultural intelligence.


2017 ◽  
Vol 8 (Special Issue) ◽  
pp. 85-91 ◽  
Author(s):  
Aini Aman ◽  
Yusasniza Mohd Yunus ◽  
Ruhanita Maelah ◽  
Zaini Embong ◽  
Zakiah Muhammaddun Mohamed ◽  
...  

2018 ◽  
Vol 45 (2) ◽  
pp. 191-210 ◽  
Author(s):  
Simon Ville ◽  
Claire Wright

This paper provides a historical analysis of an urban services district through its examination of the Melbourne wool trade precinct in the 1920s. It is a study of both a local and global community whose social and spatial interaction facilitated large-scale trade of a complex commodity that has rarely been examined. Geographic mapping of the local and global connections of the precinct has been combined with archival evidence. It reveals the “buzz” of the Melbourne precinct, created by local social and professional connections among wool brokers and buyers. “Pipelines” to wool growing and textile regions were developed through overseas branches of firms, with global knowledge exchanged through correspondence, telegraph, and migration. These features shaped the progress of the trade, facilitating improvements in its infrastructure and in the ability of Melbourne’s wool brokers and buyers to fulfill their role as intermediaries in the global supply chain for this complex commodity.


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