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	<title>Lora Rigutto Vigliatore</title>
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	<link>https://tradeready.ca/author/lora/</link>
	<description>Blog for International Trade Experts</description>
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		<title>The missing link between ambition and an export plan is an export vision – here’s how to build yours</title>
		<link>https://tradeready.ca/2025/featured-stories/the-missing-link-between-ambition-and-an-export-plan-is-an-export-vision-heres-how-to-build-yours/</link>
					<comments>https://tradeready.ca/2025/featured-stories/the-missing-link-between-ambition-and-an-export-plan-is-an-export-vision-heres-how-to-build-yours/#respond</comments>
		
		<dc:creator><![CDATA[Lora Rigutto, CITP]]></dc:creator>
		<pubDate>Fri, 20 Jun 2025 17:53:50 +0000</pubDate>
				<category><![CDATA[Feasibility of International Trade]]></category>
		<category><![CDATA[Featured Stories]]></category>
		<category><![CDATA[Market Entry Strategies]]></category>
		<category><![CDATA[characteristics of a successful exporter]]></category>
		<category><![CDATA[export planning]]></category>
		<category><![CDATA[export vision]]></category>
		<category><![CDATA[Export Vision Board]]></category>
		<category><![CDATA[unique value proposition]]></category>
		<guid isPermaLink="false">https://test.tradeready.ca/?p=40303</guid>

					<description><![CDATA[<p>Building an export vision is a critical step for any organization planning to expand internationally. This article outlines the practical steps and introduces FITT’s Export...</p>
<p>The post <a href="https://tradeready.ca/2025/featured-stories/the-missing-link-between-ambition-and-an-export-plan-is-an-export-vision-heres-how-to-build-yours/">The missing link between ambition and an export plan is an export vision – here’s how to build yours</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Building an export vision is a critical step for any organization planning to expand internationally. This article outlines the practical steps and introduces <a href="https://fittfortrade.com/exportvisionboard">FITT’s Export Vision Board</a>, a tool designed to help organizations map out their global expansion.</p>
<p>In the current trade environment with all the disruption we’ve seen lately, there&#8217;s been a lot of talk about the importance of diversification, diversifying your export basket, and finding new customers. But in order to expand and explore new opportunities, each organization needs to have a clear vision of what exporting looks like for them, whether it&#8217;s opening up new markets or exporting for the first time.</p>
<p>This vision will act as a strategic roadmap, guiding your decisions and helping <a href="https://fittfortrade.com/creating-export-plan">develop your more detailed export plan</a>.</p>
<h2>What is an “export vision board”?</h2>
<p>All organizations fall along a spectrum from “export unaware” to “export experienced,” and we call that the export continuum. Regardless of your position, it’s vital to <a href="https://fittfortrade.com/situational-analysis">assess your readiness</a> and clarify what exporting means for your business. Some companies are just beginning to explore the idea, while others have experience in one or more international markets and are seeking further growth.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote"><br />
For the Export Vision Board, it doesn&#8217;t matter where an organization is on the continuum.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>It&#8217;s important to have the ability to work through various considerations in order to piece together what exporting into new markets might look like for your company. And what are your immediate next steps?</p>
<h2>Is now the right time to export?</h2>
<p>Why export with all this talk about tariffs and retaliatory tariffs and trade uncertainty? Well we know that exporting can be profitable for businesses of all sizes, and on average, sales grow faster, more jobs are created, and companies who export gain a significant competitive advantage. What&#8217;s important is that you need to understand the motivational factors for expanding.</p>
<p><a href="https://tradeready.ca/explainer/creating-a-small-market-entry-strategy-for-success/">Entering new markets</a> requires significant time and resources, so it’s crucial to understand your motivation. Are you seeking new revenue streams, responding to market changes, or aiming for long-term growth?</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote"><br />
Clearly defining your goals will help align your team and stakeholders around your export strategy.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>Many companies struggle to know where to start, often overwhelmed by competing priorities. The <a href="https://fittfortrade.com/exportvisionboard">Export Vision Board</a> provides a structured approach through nine key considerations to clarify your direction and outline practical next steps.</p>
<h2>Characteristics of a successful exporter</h2>
<p>In the FITTskills training program we define the characteristics of a successful exporting organization. Here’s a mini checklist for you:</p>
<p><strong>Proven success at home. </strong>Your company should have a solid track record in the domestic market or in at least one export market, showing traction and effective business planning.</p>
<p><strong>Unique Value Proposition. </strong>Your product or service must offer clear advantages over competitors and be <a href="https://tradeready.ca/2024/featured-stories/5-pricing-strategies-for-international-markets/">competitively priced</a>—not necessarily the lowest, but justifying its value.</p>
<p><strong>Long-term commitment. </strong>Be prepared to invest time, resources, and capital, often for an extended period before seeing returns.</p>
<p><strong>Research and <a href="https://tradeready.ca/2018/topics/market-entry-strategies/6-quick-ways-can-avoid-cultural-faux-pas-foreign-markets/">cultural awareness</a>. </strong>Conduct thorough research to evaluate your export readiness, understand cultural differences, and address any gaps identified.</p>
<p><strong>Clear export vision. </strong>You need a well-defined vision for entering and competing in new international markets.</p>
<p>FITT’s Export Vision Board was created to act as a resource for building this kind of clear vision. Using material taken from all of the six FITTskills courses, it can be used by companies of all sizes and stages to identify the fundamental components of a successful market expansion strategy.</p>
<p>Many companies struggle to know where to start, often overwhelmed by competing priorities. The Export Vision Board provides a structured approach through nine key considerations to clarify your direction and outline practical next steps.</p>
<p><a href="https://fittfortrade.com/creating-export-plan"><img fetchpriority="high" decoding="async" class="alignleft size-full wp-image-40310" src="https://tradeready.ca/wp-content/uploads/2025/06/FITTOnDemandCourseTRBanner2.jpg" alt="Creating an Export Plan course banner" width="1500" height="535" srcset="https://tradeready.ca/wp-content/uploads/2025/06/FITTOnDemandCourseTRBanner2.jpg 1500w, https://tradeready.ca/wp-content/uploads/2025/06/FITTOnDemandCourseTRBanner2-300x107.jpg 300w, https://tradeready.ca/wp-content/uploads/2025/06/FITTOnDemandCourseTRBanner2-1024x365.jpg 1024w, https://tradeready.ca/wp-content/uploads/2025/06/FITTOnDemandCourseTRBanner2-768x274.jpg 768w, https://tradeready.ca/wp-content/uploads/2025/06/FITTOnDemandCourseTRBanner2-1200x428.jpg 1200w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px" /></a></p>
<h2>The 9 Key Areas of Consideration for your export vision</h2>
<p>The Export Vision Board walks you through nine critical questions to shape your export vision:</p>
<h3>1. Why Export?</h3>
<p>Identify your motivation for expanding internationally—whether it’s to overcome trade barriers, find new revenue, or increase competitiveness. Set clear objectives that align with stakeholder interests.</p>
<h3>2. What Makes Me Different?</h3>
<p>Define your unique value proposition. What sets your product or service apart, and why would international customers choose you over local or global competitors?</p>
<h3>3. Where Do I Want to Export?</h3>
<p>Pinpoint your target markets with specificity. Avoid broad regions; instead, focus on particular countries, states, or even cities where you have the highest potential for success.</p>
<h3>4. Who Are My Customers?</h3>
<p>Segment your target customers in each market. Understand their behaviors, preferences, and the types of relationships you’ll need to build—whether B2B or B2C.</p>
<h3>5. How Will I Enter the Market?<strong><br />
</strong></h3>
<p>Determine the channels and strategies for delivering your value proposition. This may involve direct sales, partnerships, distributors, or <a href="https://tradeready.ca/2025/featured-stories/how-ai-can-power-your-international-marketing-from-localization-to-market-insights/">digital platforms,</a> and will depend on your customer segments and local market dynamics.</p>
<h3>6. How Will I Make Money?<strong><br />
</strong></h3>
<p>Identify your revenue streams and major costs in each market. Pricing strategies may need to adapt to local conditions, and your approach may differ from your domestic market.</p>
<h3>7. What Key Partnerships Do I Need?<strong><br />
</strong></h3>
<p>Assess existing and required partnerships—logistics providers, agents, local allies, or third-party service providers. Leverage current relationships and seek new ones that are essential for market entry.</p>
<h3>8. What Resources Do I Need?<strong><br />
</strong></h3>
<p>Take stock of your physical, intellectual, financial, and human resources. Identify gaps and determine whether you need to secure additional funding, expertise, or personnel to support your export plan.</p>
<h3>9. Where and When Do I Start?<strong><br />
</strong></h3>
<p>Outline the key activities and next steps to launch your export journey. Set realistic timelines and budgets, and ensure your goals are achievable within your desired timeline.</p>
<h2>From vision to action</h2>
<p>Many organizations get stuck between ambition and execution. The Export Vision Board bridges this gap by helping you articulate your goals, identify necessary resources, and map out actionable steps. For example, your immediate next steps might include applying for funding, attending a trade show in a target market, or initiating contact with potential partners.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote"><br />
Breaking down your plan into manageable actions and establishing a timeline will keep your expansion on track.</p>
<p><cite></cite></p>
</span>
</blockquote>
<h2>Getting started with the Export Vision Board</h2>
<p>Developing your export vision is the crucial first step toward a successful export plan. <a href="https://fittfortrade.com/exportvisionboard"><strong>FITT’s Export Vision Board</strong></a> is a fillable template covering all nine areas, with completed examples for B2B, B2C, and service exports to guide you. By working through these considerations, you’ll be better prepared to navigate the complexities of international markets and position your organization for sustainable growth.</p>
<p>The post <a href="https://tradeready.ca/2025/featured-stories/the-missing-link-between-ambition-and-an-export-plan-is-an-export-vision-heres-how-to-build-yours/">The missing link between ambition and an export plan is an export vision – here’s how to build yours</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
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		<title>3 things I learned from the thought leaders at Your Future in Global Markets 2017</title>
		<link>https://tradeready.ca/2017/topics/import-export-trade-management/3-things-learned-thought-leaders-future-global-markets-2017/</link>
					<comments>https://tradeready.ca/2017/topics/import-export-trade-management/3-things-learned-thought-leaders-future-global-markets-2017/#respond</comments>
		
		<dc:creator><![CDATA[Lora Rigutto, CITP]]></dc:creator>
		<pubDate>Fri, 17 Nov 2017 22:07:30 +0000</pubDate>
				<category><![CDATA[Import Export Trade Management]]></category>
		<category><![CDATA[canada trade]]></category>
		<category><![CDATA[corruption]]></category>
		<category><![CDATA[digital economy]]></category>
		<category><![CDATA[Nicole Verkindt]]></category>
		<category><![CDATA[Your Future 2017]]></category>
		<guid isPermaLink="false">http://test.tradeready.ca/?p=25140</guid>

					<description><![CDATA[<p>I attended Your Future in Global Markets - 2017 International Business Conference in October and here are the top 3 take aways I learned from thought leaders</p>
<p>The post <a href="https://tradeready.ca/2017/topics/import-export-trade-management/3-things-learned-thought-leaders-future-global-markets-2017/">3 things I learned from the thought leaders at Your Future in Global Markets 2017</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class="aligncenter size-full wp-image-25141" src="https://tradeready.ca/wp-content/uploads/2017/11/looking-to-the-future-in-global-markets-sunrise.jpg" alt="woman watching the sunrise off a balcony" width="1000" height="667" srcset="https://tradeready.ca/wp-content/uploads/2017/11/looking-to-the-future-in-global-markets-sunrise.jpg 1000w, https://tradeready.ca/wp-content/uploads/2017/11/looking-to-the-future-in-global-markets-sunrise-300x200.jpg 300w, https://tradeready.ca/wp-content/uploads/2017/11/looking-to-the-future-in-global-markets-sunrise-768x512.jpg 768w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px" /></p>
<p>I attended <a href="https://fittfortrade.com/your-future-2017/"><em>Your Future in Global Markets &#8211; 2017 International Business Conference</em></a> in October at the beautiful Hilton Lac-Leamy, in Canada’s National Capital Region. When it came to preparing for the future of international business, this event definitely delivered!<span id="more-25140"></span></p>
<p>The conference covered current and future challenges for trade, the complexities of global business, industry trends, and future impacts of international business on operational functions within organizations.</p>
<p>The lineup of speakers included a mix of world-renowned subject matter experts, small and large business leaders, and certified international trade professionals. The topics discussed assisted with my professional development goals to learn about new tools, emerging trends and best practices. The panel format of several sessions allowed for opposing views to be expressed and a rich conversation to develop, which was also dynamic &#8211; just like the field of international trade.</p>
<div class="grey_box" style="width:100%;">
<div class="grey_box_content">
Didn&#8217;t make it to Your Future in Global Markets 2017? You can see the full session notes and slide shows from the conference here: <a href="https://fittfortrade.com/your-future-2017/">FITTforTrade.com/your-future-2017 </a>
</div>
</div>
<p>For me, the biggest take-away was the advice and sharing from those who had been there, done that, and shared their international trade experiences. The highlight was the keynote address by OMX Founder and Dragon on Next Gen Den, Nicole Verkindt, who talked about her first foray into the world of international trade and some of the complexities she had to overcome.</p>
<p>I thoroughly enjoyed the anecdotes and candid recounting of knowledge gaps and lessons learned.  After all, there are always lessons to be learned.</p>
<p>My favourite anecdote was that of a young Ms. Verkindt arriving in the Dominican Republic, with little knowledge of local business practices and wondering why the goods that her company had frantically produced in the country were not leaving the dock. It was only after a private meeting with the Minister of Customs for the Dominican Republic that the shipment left the dock. On an interesting side note, I understand that this anecdote became material for the keynote presentation the following day “A View from both sides: <a href="https://tradeready.ca/2017/topics/import-export-trade-management/protect-perfect-storm-corruption-richard-bistrong/">Why corruption happens</a> and real strategies to protect your people and business”.</p>
<p>The conference reassured me that the advice I share in both private industry and as a <a href="https://fittfortrade.com/instructorled-courses">FITTskills</a> instructor is on point. One central conviction that particularly stood out for me is that international trade research, including a thorough understanding of the risks involved and the preparation of a plan to mitigate those risks, is a fundamental component of a successful international business strategy.</p>
<h2><strong>Preparing for the challenges and opportunities of tomorrow</strong></h2>
<p>In addition to the key messaging, here are the top three resounding themes that recurred throughout the conference:</p>
<h3><span style="font-size: 23px; font-weight: 900;">1. We must embrace the digital economy</span></h3>
<p>If we don’t embrace the digital economy, we will be left behind. We must learn about disruptive innovations  in international trade and adopt new ideas or trends early.</p>
<p>When we talk about digital marketing, for example, we are not simply referring to Search Engine Optimization (SEO). We are referring to fully leveraging the power of the <a href="https://tradeready.ca/2017/topics/researchdevelopment/how-will-todays-tech-innovations-affect-the-future-of-your-global-business/">IoT and big data</a> to provide an exceptional customer experience and enhance inbound marketing efforts.</p>
<p>We’re talking using machine learning algorithms to make sense of overwhelming amounts of data and deliver customized content in order to create a better customer experience, whether your customer is in your local market or around the globe.</p>
<p>Assembling your A-team of talented professionals in a wide variety of areas may make this early adoption easier.</p>
<h3>2. A focused approach is paramount for SMEs</h3>
<p>I had a colleague that liked to use this analogy: small business tackling global market expansion is akin to boiling an ocean in contrast to boiling a few pots.</p>
<p>Rather than trying to take on every possibility at once, you need to do your research, learn what you need to know, narrow down your markets and focus on <a href="https://tradeready.ca/2017/fittskills-refresher/3-tried-and-tested-ways-to-reach-a-new-international-market/">one or two target markets</a> at a time.</p>
<h3>3. The future looks bright in Canada and elsewhere</h3>
<p>Nicole Verkindt mentioned “It’s Canada’s time!”</p>
<p>Peter Hall, EDC Vice President and Chief Economist, backed up that sentiment with his concise analysis of global issues for <a href="https://tradeready.ca/2017/topics/import-export-trade-management/can-canada-compete-global-market-experts-weigh/">Canadian exporter</a>s. In many economic circles, experts believe that the ideal time to expand internationally is now. Throw your lifejacket on (prepare) and jump on that ship before it sails without you.</p>
<p>I was truly proud and inspired to be among such a fine network of international trade professionals. The breadth and wealth of knowledge that was shared both formally and informally was very impressive.</p>
<p>And one more thing was made abundantly clear &#8211; in international trade, the future is bright!</p>
<div class="grey_box" style="width:100%;">
<div class="grey_box_content">
 Disclaimer: The opinions expressed in this article are those of the contributing author, and do not necessarily reflect those of the Forum for International Trade Training. 
</div>
</div>
<p>The post <a href="https://tradeready.ca/2017/topics/import-export-trade-management/3-things-learned-thought-leaders-future-global-markets-2017/">3 things I learned from the thought leaders at Your Future in Global Markets 2017</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
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		<title>Growing momentum for clean tech will spur exports – here’s why</title>
		<link>https://tradeready.ca/2017/topics/researchdevelopment/growing-momentum-clean-tech-will-spur-exports-heres/</link>
					<comments>https://tradeready.ca/2017/topics/researchdevelopment/growing-momentum-clean-tech-will-spur-exports-heres/#respond</comments>
		
		<dc:creator><![CDATA[Lora Rigutto, CITP]]></dc:creator>
		<pubDate>Tue, 11 Jul 2017 12:28:59 +0000</pubDate>
				<category><![CDATA[Research&Development]]></category>
		<category><![CDATA[Canada-U.S. trade]]></category>
		<category><![CDATA[Canadian exports]]></category>
		<category><![CDATA[clean technology]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[green energy]]></category>
		<category><![CDATA[sustainability]]></category>
		<guid isPermaLink="false">http://test.tradeready.ca/?p=24132</guid>

					<description><![CDATA[<p>The global market for clean tech is growing exponentially and exporters can position themselves to take a large share of this rapidly growing market.</p>
<p>The post <a href="https://tradeready.ca/2017/topics/researchdevelopment/growing-momentum-clean-tech-will-spur-exports-heres/">Growing momentum for clean tech will spur exports – here’s why</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class="aligncenter size-full wp-image-24139" src="https://tradeready.ca/wp-content/uploads/2017/07/clean-tech-exports.jpg" alt="clean tech exports" width="1000" height="687" srcset="https://tradeready.ca/wp-content/uploads/2017/07/clean-tech-exports.jpg 1000w, https://tradeready.ca/wp-content/uploads/2017/07/clean-tech-exports-300x206.jpg 300w, https://tradeready.ca/wp-content/uploads/2017/07/clean-tech-exports-768x528.jpg 768w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px" />It should come as no surprise that the <a href="https://tradeready.ca/2017/topics/import-export-trade-management/donald-trump-era-mark-end-multilateral-trade/">Trump administration’s rhetoric </a>during its first few months in office has left many exporters around the globe wondering how their global business plans may be impacted by upcoming changes in trade policy.</p>
<p>One of the administration’s decisions, announced in early June 2017, is the United States’ withdrawal from the Paris Climate Agreement. At first glance, this decision appeared to be catastrophic. The many great strides that had been made by the previous administration to <a href="https://tradeready.ca/2015/trade-takeaways/profit-people-planet-sustainability-company-triple-bottom-line-covered/">fight climate change</a> seemed to be erased in one fell swoop of the pen.</p>
<p>Nevertheless, one of the most interesting reactions to this decision is the strengthened resolve of many corporations, as well as U.S. municipal and state jurisdictions, to stay the course, and in certain cases to set even more aggressive carbon reduction targets. In fact, it appears as though the resolve of multiple jurisdictions around the globe has intensified and the transition to a clean tech economy is well on its way.</p>
<h3>Where there is change, there is also opportunity</h3>
<p>Canada’s clean technology and services sector is now in a position to capitalize on the global shift toward a clean economy. With or without the Trump administration, this transition is happening. The global market for <a href="https://tradeready.ca/2016/topics/10-items-every-supply-chain-manager-wants-santa-year-check-twice/">clean technologies</a> is growing exponentially and Canadian exporters can position themselves as champions of clean technologies, taking a large share of this rapidly growing market.</p>
<p>It has been suggested that the opportunity for <a href="https://tradeready.ca/2017/topics/market-entry-strategies/exporters-diversify-beyond-u-s-markets-right/">Canadian exporters</a> may actually increase as the U.S. backs away from its carbon reduction commitments. Federal program support for American companies looking to export their clean tech solutions to global markets is likely to be significantly reduced. This will create more opportunities for Canadian exporters.</p>
<p>This opportunity is probably best summed up by Tom Rand, clean-technology venture capitalist and lead clean tech advisor at MaRS. In his closing remarks at the annual acclaimed Cleantech Forum held in San Francisco in January 2017, he concluded that:</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">If the U.S. wants to walk away from climate action, then Canada will be more than happy to eat its cleantech lunch.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>This opportunity has not been lost on the Canadian government, which has identified clean technology as a priority sector for exporting around the globe. This priority sector includes products and services in renewable generation such as solar and wind, energy storage, and energy efficiency, to name a few. <a href="https://www.canada.ca/en/innovation-science-economic-development/news/2017/04/budget_2017_measurestosupportcleantechnology.html">Export programs</a> are available which provide support and assistance to Canadian enterprises offering these advanced technologies in overseas markets.</p>
<h3>Turning green into gold with sustainability programs</h3>
<p>With this transition to a green economy, there exists a second area of opportunity for Canadian enterprises in creating the business case for sustainability. Corporations are looking for ways to reduce their carbon footprint. In doing so, they are eliminating waste and increasing efficiency, which can lead to a global competitive advantage. Many corporations, large and small, have created the business case for <a href="https://tradeready.ca/2015/trade-takeaways/survival-global-trading-smes-may-depend-sustainability-programs/">sustainability</a> and have seen profits increase.</p>
<p>As an example, Canadian Manufacturers and Exporters (CME) is administering the <a href="https://www.cme-smart.ca/home-en">SMART Green program</a>, which assists Ontario small and medium sized manufacturers with reducing their greenhouse gas (GHG) emissions. The program is funded by the Government of Ontario Green Investment Fund, which supports investments in clean technology and process improvements to improve energy efficiency and reduce GHG emissions. Programs of this sort aim to improve the competitiveness of manufacturers and, at the same time, contribute to GHG reduction targets.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">With or without program support, corporations on both sides of the Canada-U.S. border are turning green to gold.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>Many enterprises are greening their entire <a href="https://tradeready.ca/2017/fittskills-refresher/first-stage-planning-supply-chain/">global supply chain</a> and have made it a priority to take a sustainable approach to doing business. In order to be a global supplier, there must be a focus on sustainability and corporate social responsibility (CSR). Not only is it the right decision to protect the environment, it makes good business sense for companies looking to <a href="https://fittfortrade.com/feasibility-international-trade">enter and succeed in global markets</a>.</p>
<h3>It’s time for Canadian exporters to build their competitive advantage</h3>
<p>As many countries around the globe endeavour to shift away from fossil fuels and reduce their carbon footprint, this transition to a green economy promises to be challenging and rewarding.  Canadian exporters of innovative technologies are poised to take advantage of this building momentum at home and abroad.</p>
<p>With Canada’s largest and most accessible trading partner appearing disinterested in promoting jobs and investments in clean technologies at the federal level, this may be a tremendous opportunity for Canada to use this sector as an engine for growth. If embraced and done properly, this will become a big competitive advantage for Canadian exporters doing business around the world.</p>
<div class="grey_box" style="width:100%;">
<div class="grey_box_content">
 Disclaimer: The opinions expressed in this article are those of the contributing author, and do not necessarily reflect those of the <a href="https://fittfortrade.com/">Forum for International Trade Training. </a>
</div>
</div>
<p>The post <a href="https://tradeready.ca/2017/topics/researchdevelopment/growing-momentum-clean-tech-will-spur-exports-heres/">Growing momentum for clean tech will spur exports – here’s why</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
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		<title>4 big trade show takeaways I learned from attending GLOBE 2016</title>
		<link>https://tradeready.ca/2016/trade-takeaways/4-big-trade-show-takeaways-learned-attending-globe-2016/</link>
					<comments>https://tradeready.ca/2016/trade-takeaways/4-big-trade-show-takeaways-learned-attending-globe-2016/#respond</comments>
		
		<dc:creator><![CDATA[Lora Rigutto, CITP]]></dc:creator>
		<pubDate>Mon, 18 Apr 2016 13:14:22 +0000</pubDate>
				<category><![CDATA[Global Trade Take-Aways]]></category>
		<category><![CDATA[Research&Development]]></category>
		<category><![CDATA[competitive intelligence]]></category>
		<category><![CDATA[global business networking]]></category>
		<category><![CDATA[Globe 2016]]></category>
		<category><![CDATA[international trade partnerships]]></category>
		<category><![CDATA[trade shows]]></category>
		<guid isPermaLink="false">http://test.tradeready.ca/?p=18131</guid>

					<description><![CDATA[<p>I have recently returned from GLOBE 2016, North America’s largest and longest-running conference and exposition dedicated to business innovation for the planet. What are the trade show takeaways you can apply for your next event?</p>
<p>The post <a href="https://tradeready.ca/2016/trade-takeaways/4-big-trade-show-takeaways-learned-attending-globe-2016/">4 big trade show takeaways I learned from attending GLOBE 2016</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="aligncenter size-large wp-image-18140" src="https://tradeready.ca/Blog/wp-content/uploads/2016/04/Trade-show-takeaways-PM-Trudeau-Globe-2016-1024x576.jpg" alt="Trade show takeaways - PM Trudeau Globe 2016" width="1024" height="576" srcset="https://tradeready.ca/wp-content/uploads/2016/04/Trade-show-takeaways-PM-Trudeau-Globe-2016-1024x576.jpg 1024w, https://tradeready.ca/wp-content/uploads/2016/04/Trade-show-takeaways-PM-Trudeau-Globe-2016-300x169.jpg 300w, https://tradeready.ca/wp-content/uploads/2016/04/Trade-show-takeaways-PM-Trudeau-Globe-2016-768x432.jpg 768w, https://tradeready.ca/wp-content/uploads/2016/04/Trade-show-takeaways-PM-Trudeau-Globe-2016-136x77.jpg 136w, https://tradeready.ca/wp-content/uploads/2016/04/Trade-show-takeaways-PM-Trudeau-Globe-2016.jpg 1920w" sizes="auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px" />I consider myself very fortunate. I have recently returned from <a href="https://www.globeseries.com/" target="_blank">GLOBE 2016</a>, North America’s largest and longest-running conference and exposition dedicated to <a href="https://tradeready.ca/2014/fittskills-refresher/innovation-international-business/">business innovation</a> for the planet.<span id="more-18131"></span></p>
<p>This year the show had quite a lot of buzz. I would suspect it had something to do with Prime Minister Justin Trudeau delivering the keynote address.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">The Prime Minister attended to open the GLOBE 2016 Leadership Summit and Innovation Expo and hold a First Ministers meeting on climate policy with all of the provincial and territorial premiers.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>It may also have had something to do with 31 Canadian Trade Commissioners  and multiple international delegations looking to witness the emerging innovative clean technologies that are ready to be commercialized internationally.</p>
<p>Aside from the buzz, I am a strong advocate of the value of targeted trade shows in accelerating your <a href="https://tradeready.ca/2015/trade-takeaways/a-marathoners-tips-for-a-race-to-international-trade-success/">global market expansion goals</a>.</p>
<p>A company can really increase its visibility in industry circles, and where else can a company meet a multitude of targeted contacts under one roof?</p>
<p>There is also the opportunity to gain <a href="https://tradeready.ca/2015/fittskills-refresher/gather-strong-competitive-intelligence-maximize-profitability-international-markets/">competitive intelligence</a> and, as in my case, begin a new position with a Canadian clean tech start-up. For me it was a 3-day total immersion training session.</p>
<p>So, what are the lessons learned? Because there are always lessons to be learned.</p>
<h2>1. Your existing network is a major asset</h2>
<p>When planning your participation in key trade shows and events, tap into your <a href="https://tradeready.ca/2015/trade-takeaways/four-ways-engage-international-networking-work/">international trade network</a>. They are your family.</p>
<p>Our company was very fortunate to register early enough to claim a spot under the Ontario pavilion. Exhibiting under a provincial banner provides a cost-effective, turn-key solution for showing off your technologies in the market.</p>
<p>It also offers an opportunity to capitalize on the co-marketing of your product/service by the provincial government.</p>
<h2>2. Make sure others can easily find out who you are</h2>
<p>Before you go, complete your profile. It may seem like a very simple step but it’s often overlooked.</p>
<p>Personally, I have tried to look up <a href="https://tradeready.ca/2016/trade-takeaways/build-durable-international-partnerships-to-withstand-the-stormy-seas-of-global-business/">potential partners</a> on the exhibitor listings and many company profiles are incomplete at best. This is your opportunity to spread the word prior to showing up on the exhibition floor.</p>
<p>We were fortunate that our company was chosen as one of the VIP booths for both press and high level officials. We were found and selected by show organizers based our online company profile.</p>
<h2>3. No swag, no problem</h2>
<p>Skip the swag. Being at a sustainability event and realizing that everyone must do their part to <a href="https://tradeready.ca/2015/trade-takeaways/profit-people-planet-sustainability-company-triple-bottom-line-covered/">reduce their carbon footprint</a>, we did not distribute any swag, not even a brochure.</p>
<p>In the clean tech space where our company conducts business, we were quite comfortable asking for a business card and offering to send a soft copy of any literature individuals were asking for.</p>
<p>This initiative fits with our business vision and visitors seemed to welcome the low carbon approach.</p>
<h2>4. Make every second count</h2>
<p>To quote Yogi Berra, &#8220;It ain&#8217;t over &#8217;til it&#8217;s over&#8221;. Opportunities are abound to make contacts and start establishing relationships.</p>
<p>Sometimes, those contacts are not made in the exhibition hall; they’re made outside of show hours at a reception, in line for your favourite coffee, or, in my case, on the plane flying back to Toronto. You just never know who you may meet. Hence the importance of always being engaged.</p>
<p>Perhaps it was serendipitous, but I happened to sit beside one of our company’s supporters and investors.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">This conversation affirmed that the long days on our feet that my colleagues and I had endured, all of the handshaking and follow ups to come were all worth it.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>So, the next time you’re contemplating taking part in a targeted trade show, embrace the opportunity, put your best foot forward and weave your own story of lessons learned.</p>
<p><strong>What valuable tricks and tips have you learned from attending trade shows?</strong></p>
<div class="grey_box" style="width:100%;">
<div class="grey_box_content">
 Disclaimer: The opinions expressed in this article are those of the contributing author, and do not necessarily reflect those of the <a href="https://fittfortrade.com/" target="_blank">Forum for International Trade Training</a>.
</div>
</div>
<p>The post <a href="https://tradeready.ca/2016/trade-takeaways/4-big-trade-show-takeaways-learned-attending-globe-2016/">4 big trade show takeaways I learned from attending GLOBE 2016</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
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		<title>A marathoner&#8217;s tips for a race to international trade success</title>
		<link>https://tradeready.ca/2015/trade-takeaways/a-marathoners-tips-for-a-race-to-international-trade-success/</link>
					<comments>https://tradeready.ca/2015/trade-takeaways/a-marathoners-tips-for-a-race-to-international-trade-success/#respond</comments>
		
		<dc:creator><![CDATA[Lora Rigutto, CITP]]></dc:creator>
		<pubDate>Tue, 17 Nov 2015 14:21:57 +0000</pubDate>
				<category><![CDATA[Global Trade Take-Aways]]></category>
		<category><![CDATA[Market Entry Strategies]]></category>
		<category><![CDATA[compliance]]></category>
		<category><![CDATA[exporters]]></category>
		<category><![CDATA[global trade contract]]></category>
		<category><![CDATA[importers]]></category>
		<category><![CDATA[international marketing]]></category>
		<category><![CDATA[international trade]]></category>
		<category><![CDATA[severance payment]]></category>
		<category><![CDATA[trade compliance strategy]]></category>
		<guid isPermaLink="false">http://test.tradeready.ca/?p=16565</guid>

					<description><![CDATA[<p>Sometimes the status quo, even if it’s worked in the past, may lead to some of the pitfalls of exporting and importing instead of continued international trade success.</p>
<p>The post <a href="https://tradeready.ca/2015/trade-takeaways/a-marathoners-tips-for-a-race-to-international-trade-success/">A marathoner&#8217;s tips for a race to international trade success</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-16582" src="https://tradeready.ca/Blog/wp-content/uploads/2015/11/International-Trade-Success.jpg" alt="International Trade Success" width="1000" height="667" srcset="https://tradeready.ca/wp-content/uploads/2015/11/International-Trade-Success.jpg 1000w, https://tradeready.ca/wp-content/uploads/2015/11/International-Trade-Success-300x200.jpg 300w, https://tradeready.ca/wp-content/uploads/2015/11/International-Trade-Success-140x94.jpg 140w" sizes="auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px" />Being a semi-seasoned marathoner, I was quite confident a couple of weeks ago that my sixth marathon would go according to plan.  Why wouldn’t it?  I was fit, fast, and confident I would hit my target.</p>
<p>Well, the unexpected happened.<span id="more-16565"></span></p>
<p>I was right on pace at the halfway mark of the race, feeling great. Then all of a sudden, at exactly 21 kilometres, my calf muscle pulled. What??? How did that happen?? I had no inclination up until that morning that there was even a problem.</p>
<p>When I conducted a post-mortem of my first Did Not Finish (DNF), I saw the signs. Small little red flags that maybe I wasn’t recovering enough, running too fast in workouts and not seeking professional help to sort out any underlying issues I may not have been aware of.</p>
<p>There are a few parallels between my DNF and a failed market entry strategy.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">Inexperienced exporters, or sometimes even experienced exporters, make mistakes because, frankly, they don’t know what they don’t know.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>Even with experienced exporters, sometimes the status quo, even if it’s worked in the past, may lead to some of the pitfalls of international trade instead of <a href="https://tradeready.ca/2015/trade-takeaways/expand-into-new-global-markets-5-lessons-marathon-running/" target="_blank">continued export success</a>.</p>
<h2>Equip yourself properly by paying attention to the fine print on your contracts</h2>
<p>Take, for instance, the case of recycling a contract for different markets. You can compare that to using everyday shoes to run a marathon.</p>
<p>I have seen companies ‘cut and paste’ contracts for different markets, with small tweaking to reflect the new relationship, but not necessarily the local nuances.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">Contracts that do not reflect local requirements can be very costly to fix and <a href="https://tradeready.ca/2015/fittskills-refresher/avoid-going-to-court-with-international-business-disputes/" target="_blank">lead to litigation</a> down the road when something goes wrong with the agreement, or the company needs to terminate the contract.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>In Colombia, for example, an agent receives a severance payment when an agency agreement is terminated, regardless of the reason or cause.</p>
<p>An exporter should pay close attention to the contracts they are signing and make sure they understand all aspects of the agreement, especially those clauses that ‘don’t really mean anything’.</p>
<h2>Stay in the global business race with a strong trade compliance strategy</h2>
<p><a href="https://tradeready.ca/2015/trade-takeaways/5-practical-trade-compliance-steps-will-save-time-money-global-business/" target="_blank">Trade compliance</a> is another area that keeps some companies up at night, or in some cases, should keep companies up at night. This is like running off course and being flagged by officials.</p>
<p>I have seen companies use untrained employees for the preparation of customs and shipping documentation, which can result in discrepancies and errors.</p>
<p>With small manufacturers, for example, the employee in the company completing the customs documentation may underestimate the importance of accurately classifying the products according to the HS Code and/or Country of Origin.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">When a company has multiple products that they export and numerous components that make up the product, it can be very complex to determine correct tariff classifications.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>Even when a third party has recommended conducting a structured review of the tariff classifications or requesting a customs ruling for a particular product, I have seen decision makers hesitate to spend the money.</p>
<p>This is often due to budgetary constraints and the mentality that, “If the shipments haven’t been flagged in the past, they must be doing things correctly.”</p>
<p>Customs compliance should not be taken lightly, as the <a href="https://tradeready.ca/2015/trade-takeaways/canadas-leading-way-compliance-anti-corruption-sticks-carrots/" target="_blank">costs to address compliance issues</a> can be very high.</p>
<h2>Prepare for each situation by adapting to local preferences</h2>
<p>Failing to adapt your product offering to reflect local market characteristics and preferences can also set off red flags. This is akin to a runner not accounting for local climate conditions and weather warnings.</p>
<p>I remember when Home Depot entered the Chilean market in the 1990’s.  It set up stores in Chile using the same format that worked in the United States and Canada.</p>
<p>Unfortunately, what Home Depot failed to realize was that it was women in Chile who made the purchasing decisions for home products, and the male-centric environment that worked in North America was not very welcoming for women.</p>
<p>This was one of the major reasons why the company failed to garner much interest in their stores, which led to Home Depot selling off its share of all of its stores in the market.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">A company must adjust its marketing strategy to reflect local characteristics.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>Otherwise, it <a href="https://tradeready.ca/2015/trade-takeaways/4-lessons-learned-famous-market-entry-failures/" target="_blank">may not achieve long-term success</a>.</p>
<p>In order to achieve international trade success, while not getting sidelined by injury, companies must do their research, create a strong plan, stick with the plan, <a href="https://fittfortrade.com/fittskills-online-courses" target="_blank">upgrade their international trade skills</a>, and hire professionals that can coach them.</p>
<p>Remember, the race is not always to the swift, but to those who prepare for the unexpected and keep running toward their goals.</p>
<p><strong>Which signs do you need to pay most attention to in order to avoid a DNF on your market entry strategy?</strong></p>
<div class="grey_box" style="width:100%;">
<div class="grey_box_content">
 <em>Disclaimer: The opinions expressed in this article are those of the contributing author, and do not necessarily reflect those of the <a title="Forum for International Trade Training" href="https://www.fittfortrade.com">Forum for International Trade Training</a>.</em>
</div>
</div>
<p>The post <a href="https://tradeready.ca/2015/trade-takeaways/a-marathoners-tips-for-a-race-to-international-trade-success/">A marathoner&#8217;s tips for a race to international trade success</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
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		<title>Expand into new global markets with these 5 lessons from marathon running</title>
		<link>https://tradeready.ca/2015/trade-takeaways/expand-into-new-global-markets-5-lessons-marathon-running/</link>
					<comments>https://tradeready.ca/2015/trade-takeaways/expand-into-new-global-markets-5-lessons-marathon-running/#respond</comments>
		
		<dc:creator><![CDATA[Lora Rigutto, CITP]]></dc:creator>
		<pubDate>Thu, 30 Jul 2015 14:11:19 +0000</pubDate>
				<category><![CDATA[Global Trade Take-Aways]]></category>
		<category><![CDATA[Market Entry Strategies]]></category>
		<category><![CDATA[business planning]]></category>
		<category><![CDATA[business relationships]]></category>
		<category><![CDATA[CITP]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[FIBP]]></category>
		<category><![CDATA[marathon running]]></category>
		<category><![CDATA[market entry]]></category>
		<category><![CDATA[mentorship]]></category>
		<category><![CDATA[research]]></category>
		<category><![CDATA[trade events]]></category>
		<guid isPermaLink="false">http://test.tradeready.ca/?p=14408</guid>

					<description><![CDATA[<p>As an avid runner, I see a lot of opportunities to equate efforts to expand into new global markets to running a marathon. Here are five lessons I’ve learned from my experiences in marathon running and managing the global business expansion of various entities.</p>
<p>The post <a href="https://tradeready.ca/2015/trade-takeaways/expand-into-new-global-markets-5-lessons-marathon-running/">Expand into new global markets with these 5 lessons from marathon running</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-14765" alt="Expand into new global markets" src="https://tradeready.ca/Blog/wp-content/uploads/2015/07/Expand-into-new-global-markets.jpg" width="1000" height="1268" srcset="https://tradeready.ca/wp-content/uploads/2015/07/Expand-into-new-global-markets.jpg 1000w, https://tradeready.ca/wp-content/uploads/2015/07/Expand-into-new-global-markets-236x300.jpg 236w, https://tradeready.ca/wp-content/uploads/2015/07/Expand-into-new-global-markets-807x1024.jpg 807w" sizes="auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px" />People like to use analogies to help communicate big ideas. Having spent some time in the automotive industry, my colleagues were always quick to equate everything to a car analogy.  They could relate almost anything to certain car brands, models, and <a title="Win new customers worldwide by tailoring your communications and promotions for new markets" href="https://tradeready.ca/2015/fittskills-refresher/win-new-customers-worldwide-tailoring-communications-promotions-new-markets/" target="_blank">the marketing strategies</a> the leading automotive manufacturers used to sell their products.</p>
<p>As annoying and comical these analogies became, I do appreciate the value of finding similarities between two diverse industries.<span id="more-14408"></span></p>
<p>As an avid runner, I see a lot of opportunities to equate global market expansion to running a marathon.</p>
<p>Here are five lessons I’ve learned from my experiences in marathon running and managing the global business expansion of various entities.</p>
<h2>Lesson #1 – Do your Research</h2>
<p>You would never jump into a marathon without fully understanding the scope of your endeavour.</p>
<p>What’s involved?</p>
<p>How long will it take?</p>
<p>What are the conditions like in the location where you’ve chosen to run?</p>
<p>Perhaps the race destination has not been chosen; therefore you must weigh your options.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">Similarly, you must <a title="7 important tips for the success of every foreign market research project" href="https://tradeready.ca/2015/trade-takeaways/7-important-tips-success-every-foreign-market-research-project/" target="_blank">do your market research</a> in order to determine not only your target market(s), but the existing potential for global expansion in those markets.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>Perhaps you’ve had a few export sales to a specific country and you’d like to determine the viability of the market for your products/services.</p>
<p>What other regions offer specific market opportunities for your products? Perhaps this is the time to attend some events focused on global market expansion.</p>
<p>There are a multitude of entities that conduct seminars to educate local businesses about the export opportunities in certain regions of the world.</p>
<p>This is the time to tap into organizations such as the three levels of government, export financing institutions such as EDC, trade associations, manufacturing and exporter associations, local Boards of Trade and Chambers of Commerce, etc.</p>
<p><b><i>Key Take Away  – Understand the scope of your endeavour and start your research.</i></b></p>
<h2>Lesson #2 – Hire a Coach</h2>
<p>Not all runners require a coach, but the elite ones do.  Coaching allows a runner to achieve his or her goals and avoid some of the pitfalls the self-coached runner encounters.</p>
<p>A newbie marathon runner must navigate all of the complexities of marathon training on their own; nutrition, injury prevention, equipment, etc.  A coach <a title="Valuable career path lessons from two accomplished international trade professionals" href="https://tradeready.ca/2014/success-stories/career-lessons-two-accomplished-international-trade-professionals/" target="_blank">with vast experience</a> can help a runner efficiently navigate through these complexities and stay focused.</p>
<p>As a business, perhaps you have identified the need to expand globally in order to mitigate losses from decreased domestic demand, but do not have the time to dedicate to international business development. Or maybe you are afraid that the time and resources required will take away from the core competencies of the business.</p>
<p>This may be the stage where you consider hiring a coach, a <a title="CITP|FIBP Designation - FITT" href="https://www.fittfortrade.com/certification" target="_blank">Certified International Trade Professional (CITP/ FIBP)</a> who is well versed in the intricacies of international trade, and a great asset to the company.</p>
<p>An international trade professional has the core competencies required to not only execute the fundamental research, but also to navigate through all of the <a title="5 Stages of international market development" href="https://tradeready.ca/2015/fittskills-refresher/5-stages-international-market-development/" target="_blank">complexities of global expansion</a>, while keeping the business on track with their goals.</p>
<p><b><i>Key Take Away – Hire a coach whose focus is to get you to your destination in the most efficient manner.</i></b></p>
<h2>Lesson #3 – Have a Plan</h2>
<p>Fortunately for runners, there is an endless supply of training plans to get you to your target race.  It is true that you may have to tweak some of these to fit your schedule, requirements, and current level of fitness, but a general outline is available to help you achieve your goals.</p>
<p>Conversely, there are very few detailed guides available to businesses to lead them into the global trade arena.</p>
<p>An international business plan is a key factor contributing to a successful market entry strategy.  This should clearly outline the human resources required to carry out the plan.</p>
<p>It should include relevant details about the target markets such as the political and economic outlook, legal/regulatory issues, labelling requirements, business customs and practices.</p>
<p>It should also include the market entry and marketing strategy, outline operations, global supply chain, order processing and terms of payment, shipping, packaging, documentation required, and, last but not least, the <a title="Costs you need to consider for a successful global business financial plan" href="https://tradeready.ca/2014/fittskills-refresher/successful-global-business-financial-plan/" target="_blank">financial and risk management strategy</a>.</p>
<p>It is worthwhile to note that unforeseen circumstances do arise, such as an injury which would require a change to a runner’s training plan.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">In the same way, the international business plan should be modified to reflect changes in the organization/operations of a business or conditions in the target market(s).</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>Without a plan, I have seen companies lose their focus just as I have seen runners lose their focus before race day.  They may be attracted by the low hanging fruit in an emerging market.</p>
<p>The effort is lost when a company jumps from one target market to another and abandons the plan prematurely.  Entering new markets can take a lot of time, resources and an abundance of patience.</p>
<p><b><i>Key Take Away &#8211; Plan, plan, plan, tweaking if necessary, but maintain your focus.</i></b></p>
<h2>Lesson #4 – Do Your Training; Execute Your Plan</h2>
<p>In the same way you can’t jump into a marathon without any preparation, why would companies think they can springboard into global markets without having done their homework?  Training specifically for a marathon can take anywhere from 16-20 weeks.</p>
<p>The “training” phase for global market expansion can take several months, if not years. This is the phase where you follow your international business plan and try to establish the desired win-win relationships in the target market(s).</p>
<p>In this phase you can apply for<a title="Get trained for international trade with a Canada job grant that offers up to $10K per employee" href="https://tradeready.ca/2014/trade-takeaways/get-trained-for-international-trade-canada-job-grant/" target="_blank"> funding to government entities </a>to help support your market expansion goals. This might include submitting funding applications to attend a relevant trade show in your target market, creating market-specific marketing collateral, or hiring a consultant to assist with the arrangement of B2B meetings.</p>
<p>“Training” could also include participating in incoming buyers missions from your target region, or outgoing trade events to your target market.  In this phase you want to reach out to all the resources available to you in order to identify potential strategic partners in the new market.</p>
<p>If certifications are required in your objective market, now is the time to focus on obtaining these approvals. This is also the phase where you determine packaging and labelling requirements and other regulatory compliance issues.</p>
<p>Explore your channels of distribution and go-to-market strategy, and determine how you are going to market your products in each of the new regions. Analyse the financial risks and determine a risk mitigation strategy to guard against them.</p>
<p>There are so many factors to consider.  A coach can certainly be a valuable guide to help you navigate through this phase.</p>
<p><b><i>Key Take Away &#8211; Do your homework; your coach can be a big asset in helping you prepare.</i></b></p>
<h2>Lesson # 5 &#8211; Run the Race and Evaluate the Outcome</h2>
<p>Congratulations, you’ve crossed the finish line and completed your marathon!  In most cases, the goal is not just to finish, but to execute the race according to your plan.  Did you hit your target?  Are you happy with your results?</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">In the global business world, you never really cross that finish line.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>You’ve done your training, executed your plan, and achieved some success but the finish line keeps getting extended.</p>
<p>Take a moment to congratulate yourself for the milestones you’ve achieved. Then get right back to work because now is the time to re-evaluate your goals, and learn from the mistakes you’ve made.</p>
<p>You have <a title="Don’t ignore the human element if you want to succeed in global trade" href="https://tradeready.ca/2015/trade-takeaways/dont-ignore-human-element-want-succeed-in-global-trade/" target="_blank">new relationships to forge</a>, new markets to explore, new distribution channels to establish.  Whether you are endeavoring to run a marathon or break into a new market &#8211; it’s always a journey.</p>
<p><b><i>Key Take Away &#8211; Embrace that journey and remember the race is not always to the swift but to those that keep on running….</i></b></p>
<p><b>Which stage is your business in with its efforts to expand into new global markets? How can you apply these lessons to improve your approach?</b></p>
<div class="grey_box" style="width:100%;">
<div class="grey_box_content">
 <em>Disclaimer: The opinions expressed in this article are those of the contributing author, and do not necessarily reflect those of the <a title="Forum for International Trade Training" href="https://www.fittfortrade.com">Forum for International Trade Training</a>.</em>
</div>
</div>
<p>The post <a href="https://tradeready.ca/2015/trade-takeaways/expand-into-new-global-markets-5-lessons-marathon-running/">Expand into new global markets with these 5 lessons from marathon running</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
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		<title>Online training helped one international trade professional get back in the game</title>
		<link>https://tradeready.ca/2014/global_trade_tales/online-training-helped-one-international-business-professional-get-back-game/</link>
					<comments>https://tradeready.ca/2014/global_trade_tales/online-training-helped-one-international-business-professional-get-back-game/#respond</comments>
		
		<dc:creator><![CDATA[Lora Rigutto, CITP]]></dc:creator>
		<pubDate>Tue, 14 Jan 2014 15:20:36 +0000</pubDate>
				<category><![CDATA[Global Trade Tales]]></category>
		<category><![CDATA[Leading the Industry]]></category>
		<category><![CDATA[Research&Development]]></category>
		<category><![CDATA[Ben Harrison]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Certified International Trade Professional]]></category>
		<category><![CDATA[Chile]]></category>
		<category><![CDATA[CITP]]></category>
		<category><![CDATA[econcordia]]></category>
		<category><![CDATA[FITTskills]]></category>
		<category><![CDATA[Intellimeter Canada Inc.]]></category>
		<category><![CDATA[International Trade Centre Toronto]]></category>
		<category><![CDATA[Lora Rigutto Vigliatore]]></category>
		<category><![CDATA[online]]></category>
		<category><![CDATA[ProChile]]></category>
		<guid isPermaLink="false">http://test.tradeready.ca/?p=5585</guid>

					<description><![CDATA[<p>My road to becoming a Certified International Trade Professional (CITP) began with a single FITTskills course I took back in 1999 at the International Trade Centre Toronto. </p>
<p>The post <a href="https://tradeready.ca/2014/global_trade_tales/online-training-helped-one-international-business-professional-get-back-game/">Online training helped one international trade professional get back in the game</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><img loading="lazy" decoding="async" class="aligncenter wp-image-5725 size-full" src="https://tradeready.ca/wp-content/uploads/2014/01/Woman-puzzle.jpg" alt="businesswoman connecting elements of white puzzle" width="1789" height="1073" srcset="https://tradeready.ca/wp-content/uploads/2014/01/Woman-puzzle.jpg 1789w, https://tradeready.ca/wp-content/uploads/2014/01/Woman-puzzle-300x179.jpg 300w, https://tradeready.ca/wp-content/uploads/2014/01/Woman-puzzle-1024x614.jpg 1024w" sizes="auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px" /></p>
<p>My road to becoming a <a title="Certified International Trade Professional (CITP)" href="https://www.fittfortrade.com/certification-citp">Certified International Trade Professional (CITP)</a> began with a single <a title="FITTskills" href="https://www.fittfortrade.com/fittskills-online-courses">FITTskills</a> course I took back in 1999 at the International Trade Centre Toronto. At the time I was working as an assistant trade commissioner for ProChile Toronto and the <a title="Intensive training for Canada’s Trade Commissioners to start soon" href="https://tradeready.ca/2013/inside-stories/intensive-training-canadas-trade-commissioners-start-soon/">trade commissioner</a> and I decided to take the course together in order to equip ourselves with international trade tools that might be beneficial in fostering trade ties between Canada and <a title="Expanding the FITTskills international trade training program into Chile" href="https://tradeready.ca/2013/inside-stories/expanding-fittskills-international-trade-training-program-into-latin-america/">Chile</a>. <span id="more-5585"></span></p>
<h2>Foray into international trade training</h2>
<div class="toggle-box"><h3 class="toggle-title sws_toggle1">Is the FITTskills program for you?</h3><div class="toggle-content"></p>
<p>Developed by business for business, FITTskills meets the needs of those who are</p>
<ul>
<li>seeking to enhance their import-export career standing,</li>
<li>new to exporting or importing,</li>
<li>and those who simply want add to their expertise or gain valuable educational credits.</li>
</ul>
<p><a title="FITTskills International Business Training" href="https://www.fittfortrade.com/fittskills-online-courses">Learn More about FITTskills</a> </div></div>
<p>The course was a great overview of the industry, and it highlighted some of the key issues Chilean exporters were facing while trying to enter the Canadian market; issues I was dealing with on a daily basis.  I was able to assist the exporters in navigating through some of the complexities of choosing the right market entry option, logistics and distribution strategy and, in general, risk mitigation.</p>
<p><img loading="lazy" decoding="async" class="alignright size-medium wp-image-5599" src="https://tradeready.ca/Blog/wp-content/uploads/2013/12/Lora-Rigutto-Vigliatore2-200x300.jpg" alt="Lora Rigutto-Vigliatore" width="200" height="300" srcset="https://tradeready.ca/wp-content/uploads/2013/12/Lora-Rigutto-Vigliatore2-200x300.jpg 200w, https://tradeready.ca/wp-content/uploads/2013/12/Lora-Rigutto-Vigliatore2-685x1024.jpg 685w, https://tradeready.ca/wp-content/uploads/2013/12/Lora-Rigutto-Vigliatore2.jpg 800w" sizes="auto, (max-width: 200px) 85vw, 200px" /></p>
<p>With fluency in Spanish and a degree in commerce and economics, I continued working in the field of export promotion for 10 years. I then made the decision to leave my field and work in a family business for a couple of years. Two years turned to six years, and the desire to get back to what I was passionate about became overwhelming.</p>
<h2>Getting back in the game</h2>
<p>Unfortunately, a six year hiatus from my profession had left my confidence shaken. Was I up to date on international trade issues? Was my skillset where it needed to be to re-enter the global business field? Although I had the international trade experience, I was in essence starting over and I needed to carve out a niche as an international trade practitioner. I needed to upgrade my skills, not only to enhance my chances of finding an international business position but also for my own professional development.</p>
<p>I decided to finish the remaining seven FITTskills courses online through <a title="eConcordia" href="https://www.econcordia.com/home/courses.aspx?section=noncredit">eConcordia</a>.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">With two kids in competitive sports, work commitments and a busy lifestyle in general, the online courses gave me convenience and flexibility to complete the course work on my own time.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>Although I missed the in-class social interaction with other professionals, the course discussion boards did provide a certain level of interaction between fellow students and the instructor.</p>
<p>I felt that the curriculum provided a new level of competency in multiple aspects of international trade.  Some courses were a refresher for me, while others courses delved deeper into areas that I had only touched upon in my previous work experience.</p>
<h2>The payoff</h2>
<div class="toggle-box"><h3 class="toggle-title sws_toggle1">Learn more about the CITP designation</h3><div class="toggle-content"></p>
<h4>International Business Certification—CITP©/FIBP©</h4>
<p>Advance your career and build your professional credibility in the field of global business by earning the Certified International Trade Professional (CITP) designation.</p>
<h5>Why Earn the Certified International Trade Professional (CITP) Designation?</h5>
<p>The Certified International Trade Professional (CITP) designation is the world’s leading professional designation for the field of international business. So whether you’re new to global trade or have over a decade of direct experience, you’ll find the CITP designation can help advance your career and build your professional credibility.</p>
<p>The CITP designation sets you apart in the competitive international business industry because it’s proof you possess the competencies global business experts have identified as being essential for a successful career in international trade. It also recognizes your dedication to ethical business practices and ongoing professional development—both of which are desirable traits for today’s global business practitioners.</p>
<h2><a title="Become a Certified International Trade Professional" href="https://www.fittfortrade.com/certification">Click here to take the next steps to your CITP designation</a></h2>
<p></div></div>
<p>In 2011, I obtained my CITP designation and I was proud to be receiving it along with other highly skilled international trade professionals. Shortly thereafter, I accepted the position of export manager at <a title="Intellimeter Canada Inc." href="https://intellimeter.on.ca/">Intellimeter Canada Inc.</a>, a manufacturer based in Pickering, Ontario.</p>
<blockquote class="blockquote_end style01" align="left">
<span>
<p class="end-quote">The company was looking to take a strategic approach to global market expansion, so I used what I learned via the FITT curriculum to leverage my experience as an international business development specialist and hit the floor running.</p>
<p><cite></cite></p>
</span>
</blockquote>
<p>I started up and headed the international business development division of the company. One of my first tasks was the creation of an international business plan with a focus on risk mitigation; which was not as monumental a task thanks to the FITTskills courses I had completed.</p>
<figure id="attachment_5586" aria-describedby="caption-attachment-5586" style="width: 314px" class="wp-caption alignleft"><img loading="lazy" decoding="async" class="size-full wp-image-5586 " src="https://tradeready.ca/Blog/wp-content/uploads/2013/12/Ben-Harrison-Lora-Rigutto.jpg" alt="Lora Rigutto and Ben Harrison" width="314" height="382" srcset="https://tradeready.ca/wp-content/uploads/2013/12/Ben-Harrison-Lora-Rigutto.jpg 314w, https://tradeready.ca/wp-content/uploads/2013/12/Ben-Harrison-Lora-Rigutto-246x300.jpg 246w, https://tradeready.ca/wp-content/uploads/2013/12/Ben-Harrison-Lora-Rigutto-260x315.jpg 260w, https://tradeready.ca/wp-content/uploads/2013/12/Ben-Harrison-Lora-Rigutto-140x170.jpg 140w" sizes="auto, (max-width: 314px) 85vw, 314px" /><figcaption id="caption-attachment-5586" class="wp-caption-text">Lora with Ben Harrison, former FITTskills intern turned full-time employee at Intellimeter Canada Inc.</figcaption></figure>
<p>Due to my knowledge of and belief in FITTskills development, I created an internship position for a FITTskills grad from the International Business Management Graduate Certificate Program at <a title="Durham College" href="https://www.durhamcollege.ca/programs/international-business-management-graduate-certificate">Durham College</a>. I had the pleasure of mentoring this student, who is now a full-time employee at Intellimeter Canada Inc. and is working towards the required hours for his own CITP designation.</p>
<h2>What it means to be a CITP</h2>
<p>In a nutshell, I believe the CITP designation stands as a symbol of competency and credibility in global business. It displays a thorough grasp of international trade processes, as well as a dedication to ethical business practices and ongoing professional development. And it is reassuring to know that many of my <a title="What it means to be a Certified International Trade Professional (CITP). [INFOGRAPHIC]" href="https://tradeready.ca/2013/success-stories/means-certified-international-trade-professional-citp/">colleagues in global business</a> share the same competencies and values.</p>
<div class="grey_box" style="width:100%;">
<div class="grey_box_content">
 <em>Disclaimer: The opinions expressed in this article are those of the contributing author, and do not necessarily reflect those of the <a title="Forum for International Trade Training" href="https://www.fittfortrade.com">Forum for International Trade Training</a>.</em>
</div>
</div>
<p>The post <a href="https://tradeready.ca/2014/global_trade_tales/online-training-helped-one-international-business-professional-get-back-game/">Online training helped one international trade professional get back in the game</a> appeared first on <a href="https://tradeready.ca">Trade Ready</a>.</p>
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