Expansion and Setting up New Plants and Sites - Assignment Example

Download file to see previous pages This fact should be kept in mind while opening a business there because in business activities we would come across people belonging to various ethnical groups and will be a part of our workforce. Along with this factor Columbia is a country which is rich in natural resources but at the same time the country has class differences which have been running throughout the history, illegal drug cartels and differences between the political parties remain there making it a tough country to operate in. Maintaining focus on these we should be prepared with strategies to tackle such issues which can arise in the context of forementioned points.
For preparing a strategy that is to successfully deal and cope up with the population, culture & class differences, political instabilities etc. in Columbia we need to understand in depth the heritage; develop a thorough understanding of its culture since our workforce will be consisting of mostly local population whose mentality and thinking process will be influenced or at least affected by these factors. Managing this local workforce will be a tedious task for managers involved and for this experience such managers should be opted who have had firsthand experience working with diverse workforces and at the same time possess counseling qualities through which he could motivate them. A diversity strategy should be formulated.
In Columbia, there are some peculiar trends that are followed while conducting business. Business meetings are rather prolonged and sticking to the point of business can be taken as a sign of rushing things hence giving a disrespectful gesture. A pleasant meeting should involve discussion about family, along with business and other interests which maintains a smooth flow throughout the meeting. Also using a person’s name directly should be avoided and A Mr. Mrs. or Miss should be inserted before using the name. While even in a formal business meeting Columbians like to engage in physical contact which is usual for them so a person should not feel uncomfortable and back off if they have their hand on the person’s shoulder but instead it should be taken as a positive sign that the members in the meeting are happy with the person.  ...Download file to see next pagesRead More