Why Doing Business in Bulgaria? A relatively new member of the European Union, this former Soviet nation is experiencing rapid economic growth. The transition from a communist controlled command economy to a democracy brought about political unrest and economic strife but Bulgaria successfully reformed its economic and political policies resulting in stability and growth. This emerging market continues to thrive as it plans to adopt the Euro in 2011 and is therefore an ideal location for business endeavours and trade opportunities. For those looking to enter this flourishing market, an understanding of Bulgarian business culture and etiquette is essential for achieving success.
Communicaid's Doing Business in Bulgaria cultural awareness courses are designed for professionals who wish to gain further insight into the business approaches that guide the Bulgarian business world as well as those who wish to develop successful working partnerships in Bulgaria. A Doing Business in Bulgaria course will provide you with a deeper understanding of Bulgarian business culture and the essential tools for developing long-lasting working relationships with Bulgarian counterparts. Communicaid's informative courses offer a combination of firsthand experiences of Bulgarian culture and society as well as practical tips and solutions for effectively conducting business in Bulgaria .
Benefits
Communicaid's Doing Business in Bulgaria courses will provide you with:
- A detailed framework for understanding your Bulgarian colleagues, the current state of affairs in Bulgaria as well as the future of its economic environment
- A clear understanding of the key drivers that motivate Bulgarian business counterparts
- Useful tips and strategies for overcoming cross-cultural differences and conducting business more effectively with your Bulgarian colleagues
- Techniques on how to build successful working relationships across cultures with your Bulgarian colleagues and clients
- A better understanding of the potential challenges in the Bulgarian business environment and practical solutions to these issues
- Ways to develop successful relationships with your Bulgarian colleagues, clients and suppliers
Who should attend
A Communicaid Doing Business in Bulgaria course will be of benefit to you if you are:
- Travelling extensively to Bulgaria on business
- Considering doing business or overseas projects in Bulgaria
- Managing or leading a project team with Bulgarians
- Interested in establishing partnerships with Bulgarian counterparts
- Employing Bulgarian nationals within your organisation
- Experiencing the challenges of doing business in Bulgaria
Course Content
All our Doing Business in Bulgaria 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 Bulgaria course typically includes:
- An introduction to Bulgaria including a historical, political and economic overview to provide background to the current state of the nation
- A cultural perspective for doing business in Bulgaria: heritage, religion, language and customs and how they influence business decisions and the working environment
- Bulgarian business and current economic environment as well as an overview of the future economic trends in light of Bulgaria’s recent accession into European Union
- Bulgarian business etiquette and cultural values and their influence in the workplace: time orientation, relationships, hospitality, hierarchy and formality
- Leadership, working, and decision-making styles for doing business in Bulgaria
- Communicating across cultures: understanding differing communication styles and the most effective ways to negotiate with Bulgarians
- An overview of potential obstacles one may face in the Bulgarian workplace and practical solutions to these issues
Approach
Doing Business in Bulgaria programmes are available seven days a week, 365 days a year, either at one of our training centres in London , Paris, Frankfurt and New York 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 training 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 Bulgaria course will be discussed during your diagnostic consultancy.
Doing Business in Bulgaria Course Trainer
Your Doing Business in Bulgaria trainer will be assigned to you following the results of your diagnostic consultancy according to your objectives and areas of focus. Detailed below is the profile of a member of our Bulgarian culture training team.
RS - Bulgaria expert
BA in International Business, King’s College
MA of Finance, London School of Economics
MA of Intercultural Communication, University of North London
Originally from Bulgaria, RS currently resides in the UK where she completed her undergraduate degree in International Business from King’s College in London and a Masters Degree in Finance from the London School of Economics.
RS has over 10 years of professional experience in banking and finance in various business contexts including the UK, Germany and Bulgaria. While living in Germany, RS worked for a major international investment bank as a Global Markets analyst.
After ending her career in the banking world, RS completed a Masters in Intercultural Communication from the University of North London. While studying for her degree, RS delivered seminars on intercultural communication to university undergraduates. RS continues to deliver seminars at university level and also delivers cross-cultural awareness training programmes to a wide variety of clients in both the public and private sector. |
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