7 things today's businesspeople need to succeed

1. Create strategies with a global context. Even many solopreneurs now operate globally.

2. Know when affordability trumps innovation. In many markets, users don't care about innovation; they care about basic, affordable functionality.

3. Be more adept at building relationships than filing lawsuits. Businesses need to lose the crutch of legal systems to ensure contractual commitments are met.

4. Become fascinated with world events. What happens in Asia, Europe, Latin America, Africa, and Australia affects America.

5. Learn what motivates employees. Motivating employees will be key to the productivity gains necessary to compete with rivals operating with lower costs.

6. Embrace new bottom lines. Managers in the 21st century will need to become super motivators who drive productivity and innovation, create competitive products, and generate more sales and increased profits.

7. Maintain a strong moral compass. This will be essential to building trust and relationships, the business 'currency' in many countries.

Source: News and Experts, 3/4/13.