What does it take to be successful in Asia?

April 11, 2011 Leave a comment

Watch Justin Breheny, CEO Asia of IAG Insurance discuss what it takes to be successful in Asia in this brief PwC interview Positioning – investing in the future by getting in now and taking a long term view is emphasised.   I agree – perserverance, patience and building relationships the key.  The process of dedicating time to doing due diligence and ensuring your model is locally customised and appropriate to the specific dynamics of the local context is so important too.  One size does not fit all.  Getting the right partner, and having realistic expectations matters.  The board needs to also understand this is a long-term play.  If you are after short term returns go elsewhere!

 

Filed under Asia-Australia Engagement, Australia, Change, China, Globalisation, India, Japan, Thailand

Cross-cultural approaches to choice – freedom or constraint?

July 27, 2010 Leave a comment

Our culture shapes our attitudes toward the individual ability to choose. Do you prefer to see ourselves as discrete individuals whose choices have implications for us alone, or as a part of an interdependent group where choice is a collective responsibility with implications for all?

In this fascinating vodcast, The Art of Choosing Sheena Iyengar from the Columbia Business School draws on her research, and her experience in Japan, Eastern Europe and the USA to analyse approaches toward choice. Building on her famous ‘jam choice’ study of consumer behaviour, she challenges us to explore our assumptions around choice and decision making across cultures.

The implications are significant and impact upon consumer behaviour, workplace relationships, management style and how to motivate others.

Filed under Complexity, Culture, Diversity, Japan