2016年3月23日水曜日

Obstacles in Going Global is Not Only Language – Japanese Businesses vs MNCs Operating in Japan


For MNCs operating in Japan, language is usually named as the first obstacle for their market entry into the Japanese market and being successful.



Also, Japanese companies and business professionals also say language (English) is the first challenge they face in going global.



Well, to me, it is yes but no.



Regulations and rules such as tariff and laws, whether applicable for all industries or of a specific industry is the primary barrier.



They shape the external business environment and the game rule each player play the game / do business.



They determine whether you can do a certain business in a specific country or region.



What is tricky is that some rules are not necessarily clear / written down and thus difficult for foreign investments to fully understand and comply.



For overview and some details with a few examples, please kindly refer to two eBooks I wrote, which was published by StartiaLab, a leading Japanese eBook publisher in November, 2015.