Insurance executives who attended a White House meeting on cybersecurity Wednesday say the meeting was productive and left them more optimistic about businesses’ ability to tackle the issue.
The U.S. government on Wednesday said it would work with industry to hammer out new guidelines to improve the security of the technology supply chain in a meeting kicked off by President Joe Biden, who appealed to private sector executives to “raise the bar on cybersecurity.”
Greg Hendrik, CEO of Bermuda-based, private equity-backed insurer and reinsurer Vantage Group Holdings Ltd., said the meeting was “reassuring.”
“It was a very rich conversation that we had across a number of topics,” including the need for an estimated half-million cybersecurity personnel and to do a better job in sharing data, Mr. Hendrik said.
Attendee Joshua Motta, co-founder and CEO of San Francisco-based Coalition Inc., which provides cyber liability insurance and security to organizations in
Global competition has forced businesses to change how they manage at home and abroad. A well-developed plan proves very informative. Besides stating the goals and the ways and means to get there, it lists all the production processes and their capacities. A description of your products and services, the size of your business and the scope for expansion tells you exactly where you stand. Even details of the competition are included along with price comparisons to keep you alert. 
To conduct business overseas, multinational companies need to bridge separate national markets into one global marketplace. As the name suggests, differentiation strategy aims at producing and offering industry-wide distinctive products and services to the customers, so as to target price-insensitive customers. Product liability is a much bigger issue in the United States than in other countries. 
Starting a new business is far more than simply hanging a sign out and waiting for customers to pour through the door and I’m sure anyone willing to invest in a new venture is well aware of this fact. Equally important to the international manager are sociocultural elements. These include the attitudes, values, norms, beliefs, behaviors, and demographic trends of the host country. Learning these things frequently requires a good deal of self-awareness in order to recognize and control culturally specific behaviors in one’s self and in others. International managers must know how to relate to and motivate foreign workers, since motivational techniques differ among countries. They must also understand how work roles and attitudes differ. For instance, the boundaries … 
When you are ready to begin building your business plan, it is very helpful to ask yourself a series of thought-provoking questions to help develop the most strategic and most successful business plan for your business. 
