Doing Business Internationally?
What do you need to know when conducting business international? If you are in business, you are doing some type of international business. It is difficult these days to conduct business without having some type of international touch points.
If you are in the product business, some part of your product
is from out of the country. If you are providing a service, you are using some
type of technology and/or service that has an international base.
So now that you know that you are doing business
internationally, even if it is remotely, what can you do when interacting with clients
over the water?
Time: Due to different
time zones, it is important to understand that others are either hours earlier
than you; or hours late than you. And you must be prepared to engage customers,
clients, and/or business partners on their time. Just because it is late for
you and they know there is a time differences, does not mean that they want you
to be in pajamas on a 10:00 p.m. Zoom call.
Culture
and Rituals: Every country has a
different set of rules. Whether it’s politics, family engagements, or thoughts
of religion; you must read upon them and not necessarily be fluent in them but
understand the basic tenets. I know this might sound crazy or over the top, but
for some, certain aspects of life or at the forefront. So, where America sets aside
its ‘politics and religion’; Other cultures believe you can’t have one with the
other. Be mindful of this!
Speed is money: This
isn’t dependent upon anything out of the MEANING! The faster you can get something
done, the faster you make money and the more of it you make. As spoken about in
the previous section while focusing on culture and religion is important, focusing
on speed almost trumps those. I know this sounds crazy, but if you produce a
certain quality of work in a timely manner your lack of knowledge about your
customer’s culture will be gladly overlooked.
Takeaway:
As the world progress more, more ‘local’ business will be conducting
international business. Especially the growth of social media, it is important
more than ever to ensure that we understand international etiquette when doing
business with others over international waters.
~ Attorney Ronnie O’Brien Rice, Ph.D.
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