South Korean business culture
Summary
TLDRThis script offers insights into conducting business in Korea, emphasizing the importance of cultural understanding and respect. It advises sending senior representatives and possibly using a westernized Korean translator to avoid miscommunication. The script also highlights the significance of building relationships outside of formal settings, such as accepting invitations to social events like karaoke. It concludes by reminding viewers that Korea is more than just business etiquette, encouraging expats to immerse themselves in the culture.
Takeaways
- 🌍 Visit Korea with someone familiar with the country to understand the business culture.
- ⏱️ Expect to take time to establish yourself in Korea; don't rush business on the first trip.
- 🧓 Authority and seniority are highly valued in Korean business culture.
- 🤝 Send senior representatives to meet with Korean CEOs to avoid causing offense.
- 📚 Consider the need for a translator, but be aware of potential cultural nuances.
- 👵 Respect for elders is deeply ingrained in Korean culture, which can affect communication.
- 🏢 Use a westernized Korean translator if necessary to ensure loyalty to your company.
- 📈 Learning some Korean can signal your interest and impress your Korean counterparts.
- 🍜 Accept invitations to social events like restaurants or karaoke to build relationships.
- 💡 Expats are sometimes seen as arrogant; getting involved can help remove the 'outsider' label.
Q & A
How long is the flight from Brussels to Seoul?
-The flight from Brussels to Seoul takes 14 hours.
What is the first piece of advice given for conducting business in Korea?
-Businesses should visit Korea with someone who already knows the country well.
Why is it not advisable to conduct business on the first trip to Korea?
-It takes time to get established in Korea and it's important to have a good degree of knowledge and familiarity with the market before conducting business transactions.
What is the significance of authority and seniority in Korean business culture?
-Authority and seniority are crucial in Korea. It is important to send senior people to deal with Korean counterparts, as Korean CEOs may be insulted if they receive a junior manager.
Why might a translator not fully convey the intended message during initial business meetings in Korea?
-Korean translators may not portray the true meaning of what is communicated if they fear it will offend the Korean recipient due to their respect for elders and authority.
What is suggested for a translator when conducting business in Korea?
-It is suggested to use a westernized Korean whose loyalty to the company does not outweigh their Korean cultural tendencies.
Why is language critical to success in Korea?
-Learning a limited amount of Korean signals interest and can impress Korean counterparts, which is important for building relationships.
Who is mentioned as a guide to act like a local in Korea?
-Maria Nur Kim is mentioned as the guide to help act like a local in Korea.
What is considered disrespectful in South Korea when invited to social events like restaurants or karaoke?
-It would be disrespectful not to accept an invitation to a restaurant or entertainment like karaoke, as these are important for creating relationships and gaining trust.
How are expats generally perceived in Korea and what is the advice for them?
-Expats are seen as arrogant and too theoretical. The advice is to get involved and remove the outsider stamp to avoid this perception.
What is the final reminder given about Korea in the script?
-The final reminder is that Korea is not only about stiff business rules, implying that there is more to the culture than just business etiquette.
Outlines
🌐 Doing Business in Korea: Initial Steps
This paragraph introduces the importance of understanding Korean culture for successful business endeavors. It advises businesses to visit Korea with someone familiar with the country and emphasizes the need for a thorough knowledge of the market before conducting transactions. The paragraph also highlights the significance of authority and seniority in Korean business culture and suggests that sending senior representatives is crucial. It mentions the potential need for a translator and the importance of language in building relationships. The script also introduces Maria Nur Kim, who will guide on how to act like a local in Korea.
Mindmap
Keywords
💡Business Culture
💡First Trip
💡Authority and Seniority
💡Translator
💡Westernized Korean
💡Language
💡Maria Nur Kim
💡Karaoke
💡Expats
💡Relationship Building
💡Cultural Sensitivity
Highlights
Welcome on your flight from Brussels to Seoul, which will take 14 hours.
Relax, fasten your seat belt, and enjoy the flight.
Take five minutes to learn about do's and don'ts for successful business in Korea.
Businesses should visit Korea with someone who knows the country well.
First trips should not be expected to conduct business immediately.
It's important to have knowledge and familiarity with the Korean market before transactions.
Authority and seniority are crucial in Korean business culture.
Korean CEOs may be insulted if they receive a junior manager from your side.
A translator may be needed when first arriving in Korea.
Koreans have a deep respect for elders, which can affect translation accuracy.
Using a westernized Korean translator might be necessary.
Language is critical to success in Korea.
Learning a limited amount of Korean can signal interest and impress Korean counterparts.
Maria Nur Kim will guide you on how to act like a local in Korea.
Being late and making light of serious topics like the Korean War can be disrespectful.
Invitations to restaurants or entertainment like karaoke should be accepted to build relationships.
Expats are often seen as arrogant and too theoretical; getting involved is key.
Building trust in South Korea often happens outside the conference room.
Transcripts
ladies and gentlemen welcome on your
flight from Brussels to Seoul
flight is going to take 14 hours and in
the meantime please relax fasten your
seat belt and enjoy the flight we're
going to take only five minutes of your
time and tell you about the do's and
don'ts in order to make your business
successful with completely new culture
businesses wanting to conduct business
in Korea should visit Korea with someone
who already knows the country well it is
important not to expect to conduct
business on the first trip this is
because it takes time to get established
in Korea and it's important to have a
good degree of knowledge and familiarity
with the market before conducting
business transactions it will be more
beneficial to keep the first trip
exploratory and relaxed moreover
Authority and seniority is crucial in
Korea and is important to send senior
people to deal with your Korean
counterparts Korean CEOs are likely to
be very insulted if they receive a
junior manager even if very experienced
from your side
you may also need a translator when you
first arrived to Korea nevertheless
please remember that Koreans have a
deeply ingrained respect for the elders
and Korean translators may not portray
the true meaning of what is communicated
if they fear it will offend the Korean
recipient for this reason it may be
necessary to use a westernized Korean
whose Korean culture does not outweigh
the loyalties to the company for over
language is critical to success in Korea
and therefore learning a limited amount
of Korean which will signal your
interest and will also impress your
Korean counterparts Maria
nur Kim will guide you through how to
act like a local in Korea
you
you
you
I'm sorry I'm late it was a lot of
traffic and stuff going on so I was
thinking so how's the North Korea these
days so I heard it's funny story about
the Korean War
I was thinking about your relationships
with the China we hope you found this
presentation useful and learn something
new about doing business in this new
culture however don't forget that Korea
is not only about stiff business rules
if invited to a restaurant or some sort
of entertainment like a popular karaoke
for example it would be disrespectful
not to accept the invitation and South
Korea a big part of creating a
relationship and gaining trust will be
done outside the conference room and in
general expats seen as arrogant and too
theoretical and therefore the best thing
we can do is to get involved and removed
outsider stamp what bumpkin
Посмотреть больше похожих видео
5.0 / 5 (0 votes)