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The starting point for a winning strategy in global trade is a sensitive understanding of foreign cultures
26

BUSINESS ETIQUETTE AND CULTURE IN EUROPE

Jan 16, 2015

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Business

Suharsh L

The presentation illustrates the work related values and different etiquette followed by the the Europeans.
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Page 1: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

The starting point for a winning strategy in global

trade is a sensitive understanding of foreign

cultures

Page 2: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

BUSINESS ETIQUETTE AND CULTURE IN

EUROPE

SUHARSH L

PESIT MBA

Page 3: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

BUSINESS ETIQUETTE AND CULTURE IN EUROPE

Work-related values

Communication

Giving gifts and complements

Meaning of time

Business meetings

Greeting, dining and entertainment

Page 4: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

FEW UNIVERSAL RULES

• Respect your opponents

• Be a good listener

• Never reveal essential Information in the first meeting

• Be humble but assertive

Page 5: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

• Foundation for all relationships is trust

• Negotiators must avoid confrontations

• Good timing is the key

Page 6: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

WORK RELATED VALUES

• Work ethos or work ethic is a cultural norm that places a positive moral value on doing a good job.

• It is based on the belief that work has an intrinsic value

Page 7: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

The level of work ethos for each European countrycan be calculated using the inhabitants' opinions

about the following five statements:

1.To fully develop your talents, you need to have a job

2.It is humiliating to receive money without having to work for it

Page 8: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

3.People who don't work, turn lazy

4.Work is a duty towards society

5.Work should always come first, even if it means less spare time.

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Page 10: BUSINESS ETIQUETTE AND CULTURE IN EUROPE
Page 11: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

COMMUNICATION

• In France and Germany, written communication is desired. French lay great emphasis on grammatically correct communication;

• Germans expect the business communication to be precise.

Page 12: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

• Typical business interactions are more effective (and more enjoyable!) if you consider some cultural differences such as titles and introductions, language differences, differences in organizational structure and philosophy.

Page 13: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

GIVING GIFTS AND COMPLIMENTS

• Across Europe, business gifts should not be too personal andshould be wrapped professionally.

• In Europe particularly, giving compliments is a perfectly acceptable.

Page 14: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

• Compliments can be very simple- admiring someone’s taste in office furnishings or complimenting someone on their proficiency with the computer or complimenting their analysis of a situation.

Page 15: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

• Many Europeans for whom English is a second language particularly like to be complimented on their grasp of English by Americans.

• Expressing sincere compliments is a practice that is much more common in Europe and also effective in developing rapport with people anywhere.

Page 16: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

BUSINESS MEETINGS

• Generally more relaxed. Introductions are never neglected, and meetings often start with a joke ora “brain teaser” puzzle oractivity to get everyone involved and thinking together.

Page 17: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

• Meetings are seldom scheduled before 10:00 a.m. or after 3:00 p.m, in deference to people’s family or social activities.

• A significant amount of meeting time is used in setting up ground rules, determining the purpose and expected outcome of the meeting, and so forth, especially when there are people from several cultures involved.

Page 18: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

• People participating in meetings in Europe are expected to be involved in the conversation, not buried in their digital device or cell phones.

• They demonstrate interest and attentiveness to the person speaking with their body language and by asking relevant questions.

Page 19: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

MEANING OF TIME

• Be Punctual and Use Your Time Wisely

• Be on schedule in Scandinavia, Germany and Austria

•In the UK, be early

•Italians or Spaniards are generally more relaxed

Page 20: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

Take Blame and Give Credit

• In the 1930s, an American named Dale Carnegie.

• By admitting fault quickly and emphatically when you’ve made an error, you immediately take the antagonism out of a problem, and everyone’s focus turns more quickly to a solution rather than fault-finding.

• Passing along credit is even more effective than taking it for yourself.

Page 21: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

GREETING• Standard business greeting throughout

Europe

• Exception is Britain

• Italians shake hands often

• Germans may bow slightly

Page 22: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

GREETING

• In France, a lighter grasp is customary

• In Austria, be prepared for a two-cheeked kiss after the working relationship established

• When opposing sides from different Western cultures reach an agreement, shake hands

Page 23: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

DINING AND ENTERTAINING • Your European host will always

make the first toast

• Reply with a toast of thanks at the end of the meal

• Talking business over lunch is not a violation of etiquette in France, Austria, Germany, UK, Netherlands, Norway, Denmark, Sweden, Finland, Portugal and Spain, In the Czech ,Republic, Italy and Greece

• Not talk business over lunch unless your host initiates

Page 24: BUSINESS ETIQUETTE AND CULTURE IN EUROPE

DINING AND ENTERTAINING

• Dinner in Europe is usually reserved for social entertaining

• Be on time for dinner in Norway, Sweden, Finland, Denmark. Elsewhere, being fashionably late is acceptable

• Do not take wine to a dinner in the Netherlands, France or Belgium

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CONCLUSION

Appreciating the cultural differences and making a conscious effort to adapt to the ways of a country is necessary for any flourishing business

With a little bit of advance preparation, openness to new experiences and a willingness to behave with the utmost in formality, respect and professional decorum, you will definitely increase your chances of success in your business relationships in Europe

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THANK YOU