Global Enterprises Need Business English

10
1 Global Enterprises Need Business English July 2012

Transcript of Global Enterprises Need Business English

Page 1: Global Enterprises Need Business English

1

Global Enterprises Need Business EnglishJuly 2012

Page 2: Global Enterprises Need Business English

2

English is the dominant language for international business

91% of talent executives agree that English

is the international language of business

Page 3: Global Enterprises Need Business English

3

Agreeing on this common language is crucial

3 out of 5 business people consider a single business language strategically crucial for

their company

Page 4: Global Enterprises Need Business English

4

Misunderstandings due to poor communication lead to bad business outcomes

97% said poor communication has led to misunderstandings internally or with clients

83% have seen harmful business outcomes due to the lack of a shared corporate language ?

Page 5: Global Enterprises Need Business English

5

These bad outcomes affect all parts of business

Team Productivity

Miss Opportunity for

Innovation

Customer Satisfaction

Vendor/Partner Relationship

Hiring/EmployeeRetention

Time to Market Deadline

TeamCollaboration

60% 48%

44% 32% 20%

4%

84%

Biggest impacts of poor communication is on

team productivity, innovation, and

relationships with customers and partners

Page 6: Global Enterprises Need Business English

6

This is not an isolated problem

More than half of respondents reported

that all departments or all geographies are

affected by poor communication skills

Page 7: Global Enterprises Need Business English

7

Enterprises know the solution

70% agree that having English as a

corporate language would improve business

Page 8: Global Enterprises Need Business English

8

www.Globa lEngl ish .com

GlobalEnglish delivers the solution

Formal learning

Informal learningWorking with 450+ global enterprises

Cloud-based Business English development & support

software

Instant on-the-job support

Global collaborationMobile productivityEnterprise platform

integrationGlobal & local

support

Company-wide reporting

Page 9: Global Enterprises Need Business English

9

About this presentation

The data presented in this slideshow was collected at the 14 June 2012 Economist Talent Management Summit in London, UK.

Executives answered a poll co-sponsored by the Economist Conferences and GlobalEnglish.

Page 10: Global Enterprises Need Business English

10

Thank you