Posted by: Anni Orekh | June 7, 2010

Doing Business in Dominican Republic

Businesspeople traveling to Dominican Republic encounter a complex, intriguing and challenging business environment when they arrive at their destination. Unlike other countries where ethnicity, culture and heritage developed over years and are relatively homogenous and mature, DR is the oldest country in Latin America whose evolving multi-ethnic society, political system and economy without undergoing unprecedented changes.  Emphasis on education, agriculture, a robust Tourism industry complex and highly accelerated investment in infrastructure and technology, quickly transformed this minute country into an Island  commercial powerhouse vital to global operations of numerous multinational corporations.  DR’s established stature as high-tech and real state hotbed has dramatically increased the nation’s global business exposure, has increased its strategic importance as a potential gateway to the Caribbean and has transformed the country into an important destination for international business development ventures.

The diversity, complexity and unique flavor of  Dominican Republic’s population and culture are key contributors to the intricacies of doing business in that country. More than anywhere else, the DR business environment reflects, and is driven by, the history, geopolitics, ethnic diversity, economy and values of a people whose attributes are as composite and elaborate as their chronicles and legacy.

For foreign businesspersons, the clash of capitalist  and the now familiar IKEA strip mall commerce,  can be a confusing . Canadian corporate managers and employees arriving in DR are quickly comforted by the country’s familiar suburban North American feeling. Canadians feel and are just as quickly confounded by the intensity of  Dominican culture but the unsimilarities between Canadians and  Dominicans make it all the more difficult to decode the differences in business culture. The multiple factors driving mindset, communicative, and business culture differences between Canadians and Dominican can generate significant challenges to the successful fulfillment of your business objectives in DR.

We are here to help. For  years our company, Hineni Media, has been developing cooperative ventures between Canadian and DR businesses. Our principals have over twelve years experience in managing Canada-Dominican commercial relationships.  From that experience we have compiled a unique program designed to provide Canadian businesspersons with cross-cultural, business communications and mindset insight on Dominican Republic. We have developed a program of multiple venues intended to enlighten and effectively prepare your personnel to conduct business in Dominican Republic and successfully fulfill their tasks and goals in that country.

We hope we can be of service.

Mari Diaz

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