What does International Business Culture mean and why it matters?

The relevant effect of globalization continues to progress throughout the world challenging borders, regulations, manufacturing costs and supply chain management among other topics.
The effect increases exponentially when your projects extend to several countries. In many areas of the world business culture constitutes a crucial portion of the understanding among the parts, effectively adding clear and valuable understanding to any business interaction.

An even higher degree of complexity is added in cases where technology transfer, science materials and/or intellectual property are part of the overall scope.
My extensive experience in Asia, specifically in China, Japan, Korea and Thailand has taught me the importance of consistency. A familiar face goes a long way facilitating the process. I cannot stress enough the value of steady commitment and the understanding of basic cultural drivers for each of the countries involved. Mastering their history, education and habits is by no means less important.
Emotional intelligence, trust and know-how transfer drivers become simpler, faster and much more effective when one person is familiar to another or to a group.
As well, an interesting process strategy of repeating one same concept several times becomes extremely valuable in order to thoroughly cover all possible angles contributing to a valid approach that furthers understanding.
If you are in Tokyo, Mexico or Paris, ask yourself one simple question: Why? This will help you narrow down diverse concepts to concrete facts, numbers and may even contribute to effectively round down economic ratios. As well, the
process will cover each relevant step that matters to your counterpart and facilitates the avenue to successful partnership relationships.
Rich bilateral benefits surface as cultural aspects deepen, nurturing an increasingly positive and everlasting interaction.
Take the opportunity to share cultural experience time as well as business time in each country your projects evolve. This will only enhance and create a level of value that will add to your overall objective.

By Gustavo Oviedo GG_LOGO copy

Similar Articles

Creativity at Work Arts i...
“What is corporate arts-based learning? Corporate arts-based learning is an interdisciplinary approach to learning, using the arts as a pathway to explore non-art topics
“Are you the disrup...
“Disruption, in its broadest sense, happens when an industry is upended by changes in society, government, competitors or consumers. As a result, the way
Africa doesn’t need cha...
“There is an ongoing discussion on the effectiveness of foreign aid in helping the economic development of Africa. One thing is obvious: the results
5 MOST IMPORTANT MEASURES...
“The basic idea behind marketing whether offline or online is more or less the same. You would like to create a desire in a
“What do 500 sales ...
“Since d!nk was founded in 2010, our digital tools have empowered over 10,000 sales professionals to be more successful when engaging with prospects and
Facebook’s Latest N...
“Facebook has once again changed their News Feed algorithm, putting friends above publishers in “News Feed Values” and ranking change. Get ready to start
Beyond Borders Convergenc...
Go Global will be present in worldwide summit. GG Ceo Gustavo Oviedo will share time with peers from around the world best practices and
“You Need an Innova...
“Despite massive investments of management time and money, innovation remains a frustrating pursuit in many companies. Innovation initiatives frequently fail, and successful innovators have
The Importance of a Mille...
“Nasdaq’s live video series, The Millennial Report, offers a window into the millennial generation and explores why a millennial perspective may soon be essential
CAN THERE BE INNOVATION I...
The story of Replay Golf owned and managed by Rafael and Álvaro Fernandez (father and son) proofs it can. After studying the growing Used

Leave a Reply

Your email address will not be published. Required fields are marked *