Page 1

IMPOSSIBLE MARKETS Business conference for cross-cultural differences

2 June 2017 Sofia


WHAT IS IMPOSSIBLE MARKETS? Overview 3 YEARS 3 CONFERENCES PARTICIPANTS FROM MORE THAN 10 INDUSTRIES SPEAKERS FROM MORE THAN 20 COUNTRIES

Impossible Markets is a business conference dedicated to understanding cross-cultural differences across nations, industries and organizations. The event is a platform for sharing knowledge and experience with professionals and managers from the leading organizations worldwide. Each year we focus on a specific hot topic that relates to the current happenings and actual economical situation.

IMPOSSIBLE MARKETS 2017: OVERCOMING CROSS-INDUSTRIAL CHALLENGES. START-UP VS CORPORATE CULTURE Following three successful editions from 2014 on, this year Impossible Markets will be held on 2 June, 2017, Sofia. In line with global business world challenges together will search for the answer of the question Is it possible to integrate and learn from both Start-up and Conservative Corporate organizational culture.


WHO IS IMPOSSIBLE MARKETS FOR?

C-LEVEL SENIOR HR & MANAGERS MANAGERS TEAM LEADS What is Impossible Markets' VALUE  for its participants?  "I think the key part of the conference for me was the opportunity to hear from and talk to people with a wide range of knowledge and experience of working in different countries. Also the chance to facilitate a workshop to a cross-cultural audience." Simon Chater, Managing Partner, Joda Group, UK  “An extraordinary seminar that turns into a boutique workshop for sharing ideas. Thanks to the various speakers from different cultures and areas the event achieves cultural diversication that helps the participants to expand their horizons."  Marwan Al-Bitar, Marketing Manager, Zepter Bulgaria (2015)


WHY CROSSCULTURAL DIFFERENCIES MATTER?

a. Communication challenges – managers must learn to keep the lines of communication open. b. Frequent communication-it is essential to success. c. Need appropriate technological support (video teleconferencing, interactive groupware, etc.) d. Technology challenges – all team members must have the same or similar technologies at their locations. e. Policies and norms for use must be provided.

What challenges do managers meet in a crosscultural environment?

f. Diversity Challenges – different cultures have different perceptions on time and task importance. g. Providing the appropriate technologies -for each culture is key.


Companies have their own particular needs and they present a unique and rapidly changing scene to run their business. To achieve success multicultural organizations should think and act outside the traditional framework. This implies using new knowledge in the application of the best practical experience, as well as the experience of other organizations which are involved with the same or similar services. Most companies and organizations define and use one preferred leadership model and set of competencies – which is, typically, strongly influenced by western management theory and practice. However, while western leadership knowledge and practices have been effective in many parts of the world in the past, this approach has limitations in today’s global business environment. In line with this, there is a need for a new vision of leadership as one “based on eastern, western and tribal wisdom “.

ACAD.PROF.DR MIRJANA RADOVIĆ MARKOVIĆ INSTITUTE OF ECONOMIC SCIENCES AND FACULTY OF BUSINESS  ECONOMICS AND ENTREPRENEURSHIP, BELGRADE,SERBIA SPEAKER OF IM2016


CROSS-CULTURAL COMMUNICATION !?

the Martenitsa phenomenon.... ..a short firsthand story about cultural differences

- What are you doing? Oops. I was caught! There was no good way to explain to James, a septuagenarian Brit, why I reached over the fence and tied some twisted white and red wool threads on his blooming plum tree. I couldn’t even explain why I needed a plum tree. James was a former banker obsessed with golf, micro-investments and horse racing. He owned a neat cottage with two shiny Lexus parked at the front. It was just a no go. My mind was racing. It wouldn’t do to reply: “It’s just a pagan custom from my homeland, you won’t understand”. James already lived in constant stress, having to Maria Spirova is the only Bulgarian journalist who won the 2014 Reporting Europe International Journalism Prize. She currently lives in Oxford and works in London, but is often seen in Bulgaria as well. She was one of the IM2015 speakers.

share a street with me and my Polish neighbors - I didn’t want to completely traumatize him. Every time he saw me, he greeted me and flipped my nationality – all through February I was Brazilian (and from Nicaragua on weekends). The way this was going, he would decide I was practicing voodoo and we’d end up in a right pickle. The silence dragged on, so eventually I babbled: - Well, it's just that I haven’t seen any storks around Oxford. I hope you don’t mind? The most resplendent talent of purebred Englishmen is their ability to deal with existential absurdities by employing impeccable manners and refusing to make any further enquiries. James's face broke into a benign smile: Certainly not. Please, don’t let me disturb you. With that, he turned his back on me and began picking daffodils with surgical precision.


ADRIO INNOVATING FUTURE At Adrio we value innovation as a way of thinking, flexibility and willingness to work hard in a friendly atmosphere. We believe that development through shared vision and integrated values makes every goal possible. Our team is specialized in organizational development, leadership and team management. Our mission is to partner companies in achieving their goals through increasing their teams’ effectiveness. We accomplish our mission through the constant development of our own team. We believe that correctness, professionalism and individual approach are the key to our success

Organizational consulting Change management Professional couching

Workshops & Trainings Events management Employer branding & Recruitment Process Improvement

PROGRESS, SUCCESS, EFFECTIVENESS


Impossible Markets is delivered with the support of:

www.conference.adrio.eu

ImpossibleMarkets2017 Overview  
Advertisement