Wednesday, March 23, 2011

Day 16-APPG, How to make Business in China:)

*Working on our IS ppt not for marking, but introducing Singapore to the China students and Teachers during the interaction session tomorrow*
The feeling of different groups of us working on the different parts and coming together to present it tomorrow is AWESOME!:)
Classes as usual this morning and followed by a talk by TianHui, a speaker from the government sector. It's interesting to know more about China through him especially on Business Areas..though I find it quite difficult to make out what he is trying to say at times because of the accent.Like what he say, Asian people coming over to China to do business may look all the same(yellow skin), but the language barrier still exist.He also mention that Business discussions with Taiwanese and Singapore in Particular can be rather difficult because we discuss and expect things to their very last detail!
To make your business a successful one, first, one should have a clear understanding of the country's culture and background before planning a strategic proposal to see the level of success increasing:)Time is MONEY whenever you are talking about BUSINESS issues.
Learnt from him that Singapore Business man will usually discuss alot about benefits and whether everything is all-rounded assured, before they clinch the deal and sign any contract.
The speaker also brought up the different countries as examples and how they usually behave during a business discussion context:Japanese are very particular about revealing much on their companies.If there were to be 3 guests, the secretary will ONLY have 3 namecards with her.NOT MORE, NOT ANY LESSER.
As for Korean Businessman, They will make sure they drink and will only stop when one of the party is drunk.Expecting the other party to finish the drink is one of the culture and they will keep topping up the drink for you:)*Fierce*
Americans are known for being hard-core workaholics and meetings with them could drag till midnight...Whereas, German always have formal meetings and RARELY smile during such serious business context.Long-term plannings are always seen during their discussions.
Initially, I thought doing business with China Businessman would be tough but through the speaker during the IS class today, i realised China Businessman are rather casual and they will even go along with you in your attire(be it formal or casual) and don't really mind the place of meeting.
Learnt that in Business Context, we will need to balance the beneficial and loss factor in order to take everything into consideration.Italy businessman are casual and open-minded as mentioned:)
He also shared about some countries such as Japan and Singapore where the confirmation of decision may take up quite some time.I got to agree on that as Singapore requires everything to be in BLACK AND WHITE and all these little details may take up too much time though they are really necessary:)
Chatted with some of the China Buddies previously and quite a few of them shared that they want to be politicians or work under the government sector.When i heard that, i thought the government sector provides good income but after today's class, i learnt that it's the opposite. Unlike Singapore, the people working under the government sectors do not get much benefits and pay.It can be pretty stable though:)
He was sharing this incident about a group of Japanese meeting a high rank businessman to be on air for their discussions but when the Japanese realised that the high rank businessman was wearing casually, they were made to remove their tie to look more casual in order not to outdress someone of a higher rank whom they need to respect.
Had a simple Lunch and Dinner today because majority of us are ON BUDGET and most importantly, we need to watch out our diet and take care of our health:)Weather's getting cold tomorrow:(
Felt that our behaviour improved during the IS class today and alot of us seemed to be more enthusiastic about asking questions!:)Whenever I see Aliff and Thir taking down notes despite of not understanding Chinese, I feel SUPER PROUD of them:)
That's all for today!!Fingers are freeeeezinggg!!!Back to Powerpoint slides!Goodnights people!!:)

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