Forbes Insights Study Outlines the Importance of Multilingualism in Business

From http://www.marketwatch.com/story/forbes-insights-study-outlines-the-importance-of-multilingualism-in-business-2011-10-06

Forbes Insights Study Outlines the Importance of Multilingualism in Business Survey shows how language abilities can help companies expand overseas as well as boost productivity, both globally and within the U.S. October 6, 2011.

In an increasingly global economy, U.S. companies will perform better by hiring individuals who can communicate in foreign languages and by helping current employees develop language skills, according to a new study released by Forbes Insights (available at http://www.forbes.com/forbesinsights ).

"Language Study: Reducing the Impact of Language Barriers" is based on an exclusive survey of more than 100 executives at large U.S. businesses (annual revenues of more than $500 million).

According to the study, more than half (65%) of companies surveyed face language barriers that contribute to inefficiency, ineffective collaboration and low productivity, among other factors.

Read the full article at http://www.marketwatch.com/story/forbes-insights-study-outlines-the-importance-of-multilingualism-in-business-2011-10-06