Beginning in October, GlobalTarget participants meet monthly for nine
months in specialized sessions covering relevant topics based on an
understanding of current members’ needs. The program then helps companies
develop plans to improve their business’ supply chain, identify talent,
understand export financing, and develop market entry strategies.
“It’s a global world. Facilitating existing or
new exporters to enter foreign markets benefits all of Northwest Ohio,” noted
Dr. Thomas Sharkey, COBI’s Interim Dean. “Companies often recognize that
expanding to global markets is something they should do. We make it easier for
them because we have the experts who will show them how to do this and will
provide them with all the criteria for success, whether they have a
manufactured product or intellectual property.”
“Global Target not only assists companies that
are planning to conduct international business, but it also works with
businesses already doing business globally who are looking for ways to expand
their international presence, ” noted Debbe Skutch, Director of UT’s Center for
Family & Privately-Held Business and GlobalTarget Program Coordinator. “Furthermore,
GlobalTarget is the first organized, focused attempt in this region to not only
provide information, but to actually match local manufacturing companies with
foreign markets."
Ben McGilvery, Cauffiel Corporation, who
participated in the second offering of Global Target at UT, said, "The
format and resources provided are excellent to expose participants to
international sales/logistics. Although we've been conducting international
business for many years, the program helped us to better understand the process
and utilize resources available to us."
Other
features and benefits of GlobalTarget include access to ancillary educational
programs offered by UT COBI - - such as the Schmidt School of Professional
Sales and the Center for Family and Privately-Held Business - - and site visits
to area companies that have already achieved a level of success in global
entrepreneurship.
UT COBI’s
third GlobalTarget series of programs begins in October and participants are still
being accepted. To
apply, download an application form at: utoledo.edu/business/global/target, or call the UT COBI Global Business
Development Institute at 419.530.2068.
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