Cross-cultural training is a key business tactic in terms of
Return on Investment and enhanced productivity.
Benefits gained will depend on the specific client’s objectives
for the chosen program. However, it is our intention and goal
that after completing any of our trainings, participants will:
- Understand how cultural values determine behavior
- Know how to prevent unnecessary cultural conflicts and
misunderstandings
- Understand how culture can impact business methods and
the bottom-line
- Have a comprehensive tool to understand
other business cultures
- Have a better understanding of their colleagues and their
colleagues’ culture
- Understand their own underlying individual and cultural
values and how these differ from the values of others
- Know appropriate business etiquette, social rules, regulations
and taboos
- Know what’s needed to work in a global environment,
to motivate and negotiate in other cultures, and to create a long-term
vision of how to operate and succeed in other countries
Why should you invest in cross-cultural programs?
- 83% of participants in cross-cultural training programs
rated them as having great or high value. (Source: The 2002 Global
Relocation Trends Survey Report by GMAC/ GRS/ NFTC and SHRM Global)
- 89% of business expatriates felt that cross-cultural
training should be mandatory for international business. (Source:
Prudential Relocation Services 1998 survey)
- Expatriates who had cross-cultural training were
three times as likely to rate their overseas assignments
favorably. (Source: The 2002 CignaWorldatWork survey)
- Since 1999, about 70% of companies have been offering
cross-cultural training for international business. (Source: The
2002 GMAC/NFTC/SHRM survey)
- Inability to adapt to another culture is a major cause
for overseas assignment failure. (Source: The Global Relocation
Trends 2002 Survey Report)
- 20% of expatriates return early from their assignments.
(Source: The 2001 GMAC/NFTC/SHRM survey) Other studies have reported
U.S. expatriate failure rates anywhere from 5-50%. The cost of
a typical three-year expatriate assignment was estimated at about
$1.3 million,* which could potentially mean a tremendous economic
loss.
- There seems to be a perception gap between the business
expatriates and the HR executives responsible for preparing them
for overseas assignments. Only 15% of the HR executives thought
the preparation was poor to very poor, compared to 40% of the
expatriates who shared that view. (Source: The 2001 GMAC/NFTC/SHRM
survey)*
* Based on presentation by G.M. Wederspahn, Making
the Case for Intercultural Services, SIETAR USA, 2001 Minneapolis,
MN and SIETAR Rocky Mountain Region, 2002