Have a deep understanding of local cultures is key to establishing your business in Asia As the saying goes, “It’s not what you know, it’s who you know” — this is the harsh truth in the business world. Whether if it is in business or in life, one has to work closely with others and […] The post Understanding the culture of relationship-building in Asia appeared first on e27.
3 Jul, 2019E27.CO
As the saying goes, “It’s not what you know, it’s who you know” — this is the harsh truth in the business world. Whether if it is in business or in life, one has to work closely with others and leverage on each other to build your way to success. However, not all relationships are guaranteed to be smooth sailing: some can lead to negativity, a sense of disgruntlement and a breakdown in the relationship. It is no doubt that it is challenging to do business in the Asian business ecosystem, but if you know the ropes and familiarise yourself with all the cultures and trends in different Asia countries, you will have an edge in this context.
It is important to adhere to the proper etiquette for business meetings. Your first meeting is similar to an elevator pitch – if you do it right, you will leave a good impression on yourself as well as your company. A good reputation is built upon how well one conducts himself during the meeting. Poor planning and lack of proper etiquette are most likely the reasons why meetings fail....
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