russia business

8/9/2019 RUSSIA Business

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Simran Sugandh, Shuchi Kalra, Soanm Youdon, Swadha Sonu, Yesaswe Llama , Tekalign, Aiku, Tesfaye Tumdedo

RUSSIA: BUSINESS CULTUREPROFESSIONAL PRACTICES


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01

HISTORY The Russian Federation has over

150 million people, and covers an

area of greater than 6,592,800

sq mi

The countr! has gone through man!changes in recent !ears, as

communism ended in 1991 "t that

time, the #$$R as it %as

called, separated into

independent states

This separation ended the

communism reign that had lasted

from 191& to 1991


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DEMOGRAPHIC PROFILE

Russia has one of the %orld's most diverse

societies ( as man! as 160 ethnic groups live

there The population of a)ove 150 million ma!

loo* li*e a lot )ut its densit! is lo% )ecause

of the countr!'s vast si+e

ost Russians are an ur)an )reed ( three-

quarters of them live in cities The t%o ma.or

ones are the capital osco% %ith more than 10

million people, and $t /eters)urg %ith more

than four million

Roughl! 80 per cent of the population is ethnic

Russian The rest is a mi of other ethnic

groups, %ith the Tatars and #*rainians ma*ing

the largest minorities


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WORKING PRACTICES IN RUSSIA

The Russians attitude to%ards time suggests that a fe% minutes dela! on theirpart is of little importance o%ever, the! %ill epect !ou to )e punctual

Faes and emails are the )est %a! to communicate in Russia, as the post can

often )e unrelia)le

/aper%or* and putting pen to paper is an essential part of all %or*ing

practices in Russia 3n general, the! have little faith in unsigned documents


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BUSINESS PRACTICES IN

RUSSIA

4usiness cards are essential 3f possi)le, ensure that one side is printed in

Russian and one side in nglish

"lthough man! principal concerns are discussed in an informal environment finalnegotiations %ill )e conducted in the office

enerall!, %hen )eginning a meeting, the head of the organi+ation %ill open thediscussion and introductions should then )e made in order of importance


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MAKING APPOINTMENTS

/ersistence and patience are essential 7nce !our appointment is scheduled,

one must do ever!thing to avoid cancellation

7ne must tr! and not schedule their trip to Russia near the end of ul! or

during the month of "ugust- this is the time of !ear man! people ta*e their

vacations

4usiness da! is usuall! 900 am to 600 pm onda! through Frida! and some

$aturda! mornings


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STRUCTURE AND FORMALITY

eetings are al%a!s formal

$tructure of meetings is dependent on the host;senior person present


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DECISIONS, DISCUSSIONS

AND DISAGREEING

=ecisions made )! )oss alone

=iscussions done in private not at meetings

=isagreeing %ith the senior person is done in private if at all


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DRESS ETIQUETTE

4usiness dress is formal and conservative

en should %ear )usiness suits

>omen should %ear su)dued coloured )usiness suits

%ith s*irts that cover the *nees

$hoes should )e highl! polished


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GENDER ASPECT

>omen usuall! do not hold high positions in the Russian 4usiness culture

Russian attitudes to%ard %omen ma! seem seist to man!, %omen ma! need to do

more to prove themselves equal in )usiness

Foreign )usiness%omen sometimes face adversit! from the male-dominated Russian

)usiness culture


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RUSSIAN BUSINESS ETIQUETTE:

DOS =o sha*e hands firml! %hen greeting and leaving !our partners and ma*e direct

e!e contact

=7 parta*e in small tal* that involves tal* of famil! and personal matters,

)efore dealing %ith )usiness

=7 ma*e a gift that s!m)olises the stature of !our compan!, prefera)l! an

item characteristic of !our local area or one that displa!s the compan! logo

o out and have a drin* %ith !our counterparts, it is a good %a! to )rea* the

ice

4ring small gifts for the children of a home !ou visit


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RUSSIAN BUSINESS ETIQUETTE:

DONTS

=7@T )e afraid to sho% some emotion, the Russians %ontA

=7@T as the Russian prover) states hurr! to repl!, )ut hurr! to listen

=7@T praise or re%ard an!one in pu)lic as it ma! )e vie%ed %ith suspicion orcause env! and .ealous! Remem)er the collective rules over the individual

>ear lavish clothing or .e%eller!

#se a restaurant as a place for doing )usiness-its for cele)ration


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ATTITUDE TOWARDS FOREIGN PARTNERS

The first meeting is usuall! .ust a formalit!-a time to assess the credi)ilit!

of !ou and !our compan!

Russians can sometimes place a great deal of confidence in !our professional

competence and eperienceB ver! high epectations and demands

Russian )usiness people are open-minded to ne% ideas, especiall! from %estern

)usiness culture

Russian negotiators could ma*e minor concessions and as* for ma.or ones in

return


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REFERNCES:

http://businessculture.org/blog/2014/07/13/business-meeting-etiquette-in-

russia/

http://www.kwintessential.co.uk/resources/global-etiquette/russia-country-profile.html
http://businessculture.org/blog/2014/07/13/business-meeting-etiquette-in-russia/http://businessculture.org/blog/2014/07/13/business-meeting-etiquette-in-russia/http://businessculture.org/blog/2014/07/13/business-meeting-etiquette-in-russia/http://www.kwintessential.co.uk/resources/global-etiquette/russia-country-profile.htmlhttp://www.kwintessential.co.uk/resources/global-etiquette/russia-country-profile.htmlhttp://www.kwintessential.co.uk/resources/global-etiquette/russia-country-profile.htmlhttp://www.kwintessential.co.uk/resources/global-etiquette/russia-country-profile.htmlhttp://www.kwintessential.co.uk/resources/global-etiquette/russia-country-profile.htmlhttp://www.kwintessential.co.uk/resources/global-etiquette/russia-country-profile.htmlhttp://businessculture.org/blog/2014/07/13/business-meeting-etiquette-in-russia/http://businessculture.org/blog/2014/07/13/business-meeting-etiquette-in-russia/http://businessculture.org/blog/2014/07/13/business-meeting-etiquette-in-russia/


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Shuchi Kalra, Simran Sugandh, Sonam Youdon, Swadha Sonu,Yesaswe Eileen, Tekalign Aiku, Tesfaye Tumdedo

russia business

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