Doing Business In Singapore Culture
And you will increase your chances for success by paying attention to the subtle and not so subtle differences between the business culture of your own country and that of the country in which you would like to do business.
Doing business in singapore culture. Since you are considering doing business in singapore it s important that you understand some of the cultural expectations you ll encounter. Influenced by national culture business culture varies from country to country. Business and legal practices as well as technical standards are similar to those in the uk.
The world business culture website will aid business ventures into singapore so as to ensure maximum success and rewards. Being a nascent country and with such a diverse history the culture is equally influenced by both east and west. Expansion guide singapore business culture.
In most cases you will encounter singaporean chinese as your business counterparts as they form the majority of the population. Business culture in singapore. The group rather than the individual prevails and the oldest or most competent member usually assumes the leadership position.
Strong historical ties and share a common language. Business etiquette is largely relationship based while singaporeans are also highly cosmopolitan in their outlook. Don t be fooled by the veneer of westernisation you are likely to encounter when you arrive the thought processes driving business decisions are decidedly asian.
It is important to adapt to the business culture of the respective partners and this section. If you miss them or incorrectly interpret subtle cultural cues you could unintentionally damage your business. It is close to major asia pacific economies source dit.
Doing business in singapore could be very good for you but it is important to take on board local cultural norms and expectations about how business should be conducted. Doing business in singapore. Avoid publicly debating correcting or disagreeing with an older person or superior.