global business trends to watch out for in 2016

GLOBAL BUSINESS TRENDS TO WATCH FOR THIS YEAR

3 GLOBAL BUSINESS TRENDS TO WATCH FOR THIS YEAR

3

Radius advisors have expertise in virtually every area of international expansion, so

they’re in a great position to predict the global trends you need to be aware of in 2016.

We asked three of our trusted advisors for their takes on what to watch for in 2016.

DataStuart Buglass, VP Consulting

Protection

A Greater Focus on

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http://www.radiusworldwide.com/blog/2016/1/global-business-trends-watch-2016

So far this year I’ve already conducted about a dozen client phone calls on the subject of data protection compliance, with more meetings scheduled.”



This widespread awareness on the part of multinationals about the need to comply with global data protection laws is a trend that’s sure to continue in 2016 and beyond.”



There is a widespread, indeed global awareness of tightening data protection laws … ”




How your organisation is perceived can influence the amount of enquiries or complaints made by data subjects. So, it will pay to work on initiatives with clients to promote a positive company profile.”


Fostering an

Gareth Jarman, Director, HR Advisory

Engaged Workforce and Performing M&A Due Diligence



It has been a long and threatening recession for employees everywhere. They face an uncertain working world as advanced economies and global markets continue, falteringly, to regroup.”



Workers are more prone than ever to changing employers. And unfortunately for those employers, high rates of attrition can be costly and in some cases spell doom for a company.”



Also, as almost everyone knows, mergers and acquisitions reached record levels last year, fuelled by low interest rates and other factors.”



Though some of the deals were mammoth, many involved small to medium enterprises that were new to the M&A game. I believe this trend will continue in 2016, and new buyers would do well to study some of the mistakes of their predecessors.”



How

Lee Sheehan, Head of Tax

BEPS Will ChangeThe

Global Tax Landscape



In late 2015, the OECD presented the final package of measures under the Base Erosion and Profit Shifting project, or ‘BEPS.’”



These recommendations will fundamentally change the global tax landscape as they work to create a single set of international tax rules.”



The BEPS measures include a number of action items, such as taxing the digital economy, preventing the avoidance of permanent establishment, ensuring that transfer pricing aligns with value-creation, and country-by-country reporting.”



Taken together, the recommendations essentially create a blueprint for a new raft of international tax rules.”



The devil will be in the detail, as it so often is in tax-related matters. Businesses that aren’t properly advised about tax changes being wrought by BEPS will face significant financial and reputational risks in 2016 and beyond.”



Is your business prepared for these global

trends in 2016?



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