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Spirethoughts

Spire's six most recent Spirethoughts.

Countries fight Covid-19 crisis with economic bailout packages
EU offers more market access to Vietnam
EU offers more market access to Vietnam
The Coronavirus spells trouble for the pharma industry in India and gl...
Will electric cars be more enjoyable to drive
Will electric cars be more enjoyable to drive?
Drones: Winging it like a bird
The World Bank’s USD212 million Green loan for Vietnam
The World Bank’s USD212 million Green loan for Vietnam

Power Distance in Asia – A thing of past!

Top level executives in ASEAN countries are heading more towards social networking sites vis-à-vis global counterparts. A new study reveals that 25% of CEOs from the South East Asia region vis-à-vis 16% globally are using social networking sites. The underlying purpose is to reduce the time lag of communication with consumers and partners, as well as build teamwork internally.

Nevertheless, the exact benefits of this trend on business performance and efficiency can only be attested in years to come.

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