Venezuela
Why Doing Business in Venezuela?
Why Doing Business in Venezuela? Thanks to large oil assets, Venezuela never experienced serious economic turmoil like many of its South American neighbours. Although the country has shown vulnerability to global oil price fluctuations in the past, the incumbent government remains optimistic that its economy is safe from recession. However, anybody interested in establishing successful business relationships with Venezuelan counterparts should first acquire a profound understanding of Venezuelan business culture and practices. Many years of foreign influences have created a unique cultural blend of indigenous Spanish and African elements that can present challenges to foreigners. Failure to comprehend these underlying values and behaviour patterns can become critical to successfully doing business in Venezuela.
IBA Global’s Doing Business in Venezuela cultural awareness courses provide the necessary cultural information and skills for anyone doing business in Venezuela or with Venezuelans. A Doing Business in Venezuela course will provide you with an understanding of Venezuelan business approaches and will assist you to develop your own strategies for working in Venezuela. Our experienced Venezuela experts will give you hands-on practical tips and business solutions to help prepare you for any possible challenges and problems that may occur when doing business in Venezuela.
Benefits
IBA Global’s Doing Business in Venezuela courses will provide you with:
- Profound understanding of Venezuelan business etiquette and social culture
- An awareness of key Venezuelan business values and their impact on working practices in Venezuela
- An insight into the current state of affairs in Venezuela and the future of its economy and business opportunities
- Practical strategies for doing business effectively with Venezuelan counterparts
- An awareness of potential challenges of establishing and doing business in Venezuela
Who should attend
An IBA Global Doing Business in Venezuela course will be of benefit to you if you are:
- Considering doing business in Venezuela
- Developing business relationships with Venezuelan counterparts
- Interested in establishing business in Venezuela
- Experiencing the challenges of doing business in Venezuela
- Employing Venezuelan nationals within your business organisation
Course Content
All of our Doing Business in Venezuela cultural awareness training courses are designed to meet the specific needs of our clients depending on their particular requirements and existing skills set.
A Doing Business in Venezuela course typically includes:
- Overview of Venezuelan people, history and politics and their impact on business
- Impact of stereotypes and misrepresentations when doing business in Venezuela
- Introduction to Venezuelan business and economic environment
- Business culture and etiquette in a Venezuelan working context
- Strategies for relationship building with Venezuelan counterparts
- Venezuelan management and working hierarchies
- Communication, meeting and negotiation styles in Venezuela
- Challenges and practical solutions for doing business in Venezuela
Approach
Doing Business in Venezuela cultural awareness programmes are available seven days a week, 365 days a year, either at one of our training centres or at your offices in any location worldwide. We usually recommend a one or two day course but can also offer a more flexible format to suit your schedule.
Suitably tailored materials will be used throughout your course and your trainer will provide a balance of structured input and discussion of case studies and scenarios relevant to your own particular context.
The most appropriate training format, content and approach for your Doing Business in Venezuela course will be discussed during your diagnostic consultancy.
Doing Business in Venezuela Course Trainer
Your Doing Business in Venezuela trainer will be assigned to you following the results of your diagnostic consultancy according to your objectives and areas of focus.