Asian Century

MAXIMISE YOUR STRENGTHS WHEN NEGOTIATING IN FOREIGN LANGUAGE ENVIRONMENTS

MAXIMISE YOUR STRENGTHS WHEN NEGOTIATING IN FOREIGN LANGUAGE ENVIRONMENTS

Managing a cross-cultural negotiation is tricky and complicated affair at the best of times. When these negotiations occur in a foreign language environment it can be even more so, particularly if you allow yourself to become lost in the discussion. It is easy to feel left out of the loop when those around you are in discussion in a language you don't understand. You can feel distanced and become distracted, and it can impact on your natural communicative flow. Many challenges arise from the use of translators in business and it is how you manage these challenges that may well determine the ultimate success of your business negotiations.

HAVE WE FORGOTTEN ABOUT THE OTHER GREAT ASIAN MARKET?

HAVE WE FORGOTTEN ABOUT THE OTHER GREAT ASIAN MARKET?

When was the last time you heard a business leader suggest that they were going to target Asia, and Japan would be the key market of entry? It would probably be a while. Australian companies still do business with Japan, but new business is not growing as fast as it probably should be, and perhaps that is down to the besotted nature that Australia and the various federal, state and local governments have had with China. Its hard for Japan not to be swamped and overlooked in favour of its bigger East Asian neighbour. But is this a fair comparison?

MEETING THE EMERGING EDUCATION NEEDS OF CHINA

MEETING THE EMERGING EDUCATION NEEDS OF CHINA

The education demands of China are continuing to grow inline with the ongoing development of the economy. As demonstrated in previous articles, Australia has succeeded in attracting a range of Chinese university students over the past decade and this has continued to grow, although at much smaller levels than in previous periods. China still remains the most important education market for Australian Universities. But are Australian education institutions reaching the opportunities inherent in the Chinese market?

RISKS, THREATS, AND CHALLENGES IN CHINA

RISKS, THREATS, AND CHALLENGES IN CHINA

China has attracts a large amount of attention, and is perceived by many in government, business and the broader society as synonymous with Asia. The Asian Century that we often hear discussed, could very well be replaced with the “Chinese Century” in the eyes of many business and government leaders. But how much of this sentiment is based in reality? Can we distil the Asian Century into a story about China?

FINDING LOW HANGING FRUIT IN ASIA IS MORE DIFFICULT THAN YOU THINK

FINDING LOW HANGING FRUIT IN ASIA IS MORE DIFFICULT THAN YOU THINK

There is a lot of discussion amongst the media, business and government about the need to “go to Asia”, however it is often difficult for business owners and executives to know what is realistic and achievable when exploring Asian markets, and even more difficult to know which market to focus your attention, time and financial resources.  Every day there are articles in the news media about the importance of Asia to the Australian economy, and regularly stories of the huge potential for Australian products in Asia. All of this is very true, however, its important to ask the question: Where is the best market opportunity for my company, my product/service mix, and what is a reasonable timeline for achieving results?