Overview

• Business Culture
• Statistics for Failure
• Traits of a Leader
• Training and Preperation
• Barriers to Business

"New York" of India

Native Basics

• Hindi , Marathi
• Namaste
• Festivals are important

Conducting Business

• Understand Hierarchy
• Build a Relationship
• Conservative Attire
• Accept Invitation to Dinner

Business Meeting

• Greet Seniority First
• Leisure Start Time
• Bring Business Card
• Slow Negotiations

Failure

• 42% of managers fail abroad
• 22% of employers do not provide training
• No contacts in the area

What should be done

• Cross Cultural Training
• Family Training
• Continuous Support

Picking Leaders

• Several traits are crucial for overseas success
• Communication, Ei, patience, openness to learning, observational, communication, resourceful, can deal with ambiguity

Training Leaders

• Teach how to greet properly.
• Improve negation skills
• Work on use of small talk and being less direct.

How we Train

• Give 4-6 classes on culture in India
• Bring in instructor from India

How we Train

• Give 4-6 classes on culture in India
• Bring in instructor from India

Corporate Social Responsibility

• History of CSR in India
• New CSR practices and issues
• Importance of CSR
• Difference in CSR
• How will we react?

Commitment Among Employees

• Large amount of job switching
• Difficulties keeping up with wants and aspirations among employees
• Need to collaborate and work in groups

Preventing Downfalls

• Build trust and loyalty among employees
• Implement training for overseas employees
• Allow employees to collaborate

Conclusion

• Multiple challenges with moving
• Need to be aware of cultural differences
• Expatriate training is key
• Learn from other companies that have made a move like this
• Build solid interactions among employees and employer