Wednesday, August 01, 2007

WINNIPEG, CANADA




THE CENTRE OF NORTH AMERICA
Winnipeg meaning "muddy waters" in the native language was established at the meeting of two rivers, the Red and the Assinniboine at the geographic centre of North America.
Here fur traders met at the Forks in the 18th century establishing this city as a major hub for commerce and transportation. A diverse economy supports industries such as air freighting, aerospace, agribusiness, finance, insurance, biotechnology, manufacturing and information technology.
It is one of the most culturally diverse cities in the world with some 100 languages spoken. Winnipeg is a vibrant cultural and entertainment centre and is the venue for an annual Jazz Festival which is followed by a Folk Music Festival that attracts performers and audience from all over North America and beyond. It is also a popular location for hollywood film shoots. Enjoy living in Winnipeg the home city of Winnie the Pooh!

VANCOUVER, CANADA





CANADA because you can!
Vancouver is truly an integrated living urban environment of office blocks, shops, restaurants, bars, theatres, and condominiums. The parks, beaches and mountains surrounding downtown makes this the ideal environment for work, play and living the good life!
This city helps you understand why Canada is ranked first among the G8 countries for; quality of life, equal opportunities, safest place to live, with the lowest cost of living.
Come and enjoy the West Coast lifestyle!

Friday, April 06, 2007

Siddha Param after implementing "Handbook of Business Ethics" for Hitachi Cable in Malaysia.
Siddha Param presenting, "Towards Best Practices and Ethical Standards" for managers of GUTHRIE, a leading Palm Oil Plantation Group.
Launch of “Corporate Governance Program” by Dato Liew Sip Hon, former Malaysian Ambassador to the United States of America. (Right of Siddha Param who is standing)

Thursday, March 29, 2007

GLOBAL TRADE

INTERNATIONAL BUSINESS TRANSACTIONS
Human Relationship challenges in Global Trade

With increasing numbers of Asian manufacturers looking to export to North America, the issues and challenges that need to be understood by both Asian and North American parties are:

Negotiating International Sales Contracts
The question that must be addressed by the Parties is, "Can the manufacturer's operational capacity and capability deliver according to the terms of the buyers, "standard sales contract" in terms of quality, quantity, packaging and delivery.

Handling Disputes and Differences
In handling disputes Parties need to designate specific personnel and/or a department to handle and resolve disputes that arise. Clear steps need to be in place on how to establish facts and determine what constitutes sufficient evidence to prove or disprove allegations and arrive at practical solutions.

Good Teleconferencing Practices and Business Cultural Differences
Due regard must be given to understanding business cultural differences. A methodology for setting the agenda and rules of meeting need to be included in the "dispute resolution clause" within the standard sales contract.

Communication Styles
Allowance needs to be given for the different communication styles of individuals. In this regard an understanding of the work designation of individuals involved and their position within their organisational hierarchy need to be understood. For instance, a CEO of a small manufacturer may feel belittled by a middle level purchasing manager of a huge multinational buyer insisting on his point of view resulting in a dispute that arises not out of the business transaction but rather from a personality clash.

Business efficacy demands that parties do their homework on the track record, capacity, capability and business culture of their business partners in international trade. This information and knowledge must be taken into account in the drafting of "standard sales contracts".

Advise on and the sharing of "modern management practices" with business partners can go a long way in establishing long term profitable relationships.

Siddha Param
Corporate Consultant

siddhanet@yahoo.co.uk