Global trade, when done fairly, can be a positive force

Globalization means companies must incorporate foreign languages into their business plan. And it’s not just a tech phenomenon. John Deere supports 31 languages, Ford supports 42. Even Jack Daniels is fluent in 22 languages.

How do you say “Amazon Prime” in Arabic?

Amazon recently acquired online retailer, known as the “Amazon” of the Middle East. In doing so, Amazon signaled its intention to bring its disruptive business model to a region of the world that is better known for travel restrictions these days than e-commerce opportunities.

Yet Amazon is not alone in seeing rewards outweighing the risks in the Middle East. Last year, Apple added support for Arabic on its website. So did Netflix. And not long before that, so did Nike and Visa. Arabic speakers may raise suspicions in the eyes of the U.S. government — but in the eyes of corporate America, Arabic speakers raise revenues.

Over the past year there’s been much talk about building walls and tearing down trade agreements. But something else has occurred — the continued global and linguistic expansion of American companies. And it’s not just Arabic that companies are speaking but also Indonesian, Vietnamese, Polish and Turkish.

I’ve been tracking the linguistic growth of companies for 15 years, and I have yet to witness a year in which more than a handful of companies reduced the number of languages they supported. I predict 2017 will be no exception.

Consider Starbucks. In 2003, this aspiring global company supported a mere three languages. Today, it supports 25, which may sound like a lot until you compare it to many other global brands. Among the leading global brands, the average number of languages supported is 31, a new high based on my years of research. And then there are those companies that left 30 languages behind years ago — like Facebook, which supports more than 90 languages, and Google, which supports more than a hundred.

This degree of language growth isn’t just a tech phenomenon. John Deere supports 31 languages, Ford supports 42, and even Jack Daniels is fluent in 22 languages.

So while the U.S. leaders are speaking the rhetoric of isolationism, American companies of all sizes are speaking a different language — in fact, a lot of languages.

This level of disconnect between government and the private sector should raise concerns. We risk sending a message to younger Americans that isolationism is the way of the future, when any Fortune 500 CEO will tell you just the opposite. We purchase products from all corners of the globe. We covet French Champagne, German sedans and Mexican tequila.

Globalization is a two-way street. And we need to teach our next generation how to drive on both…

Read the full article from the Source…

Back to Top