Landing into the Latin American Business Cultures: the Rhythm your Strategy needs

Dancing Through Diversity: Adding the Right Rhythm to Your Business Strategy in Latin America

Latin American business landscapes, once defined by leisurely siestas and leisure-filled schedules, have been experiencing a transformation that places them in a highly competitive scope. In an era where software companies collaborate across oceans and C-level executives bridge continents with a click, the concept of cultural boundaries has been evolving. It’s true – many Latin Americans are adopting the tempo of northern working habits. However, if you are venturing into opening a branch or managing local teams in the region, you probably should consider with a good dose of humor some of the enduring stereotypes that still color the canvas of Latin American business culture and prepare yourself to have business while still having fun.

The Changing Tempo of Latin American Work Culture

In the world of business, Latin America has long been known for its relaxed pace and affinity for long lunches. However, in recent years, the region has been quickstepping its way toward a more efficient, deadline-driven work culture. This shift has been particularly notable in industries like information technology, where remote collaboration has become second nature. Similarly, high-ranking executives, who are no strangers to international liaisons, have adapted to the diverse rhythms of global business.

Dancing with Stereotypes

Despite this transformation, some classic stereotypes persist, often revealing themselves when navigating business ventures in Latin America, especially if your goal involves establishing a local presence or managing local teams. These stereotypes might make you chuckle, but they also remind us that even amidst change, cultural nuances play a crucial role in successful business interactions.

Case 1: The Siesta Time

Ah, the siesta – a stereotype rooted in history, yet often more fiction than fact today. While cities might bustle along uninterrupted, venture beyond the urban sprawl, and you might still encounter a midday hush. Instead of a full-fledged siesta, it’s a moment to pause, recharge, and enjoy a hearty meal. So, while meetings aren’t canceled by the siesta, don’t be surprised if the rhythm of life slows down when you least expect it.

Case 2: The Art of Expressive Communication

Latin Americans are known for their passionate and expressive communication style. The animated gestures, the eloquent storytelling – they all contribute to a lively business conversation. While this might contrast with the more reserved style in some cultures, it’s an integral part of forging connections and building trust. Don’t be alarmed; they’re not arguing, just engaging with enthusiasm!

Case 3: The Laid-Back Deadline Dance

The concept of “mañana” doesn’t always mean “tomorrow” – it’s more a reflection of the region’s flexible relationship with time. In many cases, deadlines might stretch like taffy, as projects sway to a rhythm all their own. If you’re introducing a Northern-style timeline, be prepared for a gentle tango between expectations and local customs. Argentina and Colombia for example are still debating if “ahora” means in a few minutes, in a few hours, or right now…the discussion becomes more complex when you hear someone says “ahorita” (meaning like a little shorter period of time than ahora)

Case 4: When Business Dinners Are Personal

While business deals might be struck in boardrooms around the world, Latin America takes negotiations to the dining table. Culinary dinners become the backdrop for forging connections and sealing deals. These dinners are about more than just the food – they’re an opportunity to understand your potential partners on a personal level.

As you venture into the vibrant world of Latin American business, remember that while the tempo might be shifting, the dance remains intricate and multifaceted. Embrace the changes, respect the enduring customs, and approach each interaction with a sense of curiosity and adaptability. With a dash of humor and a willingness to learn, you’ll find yourself dancing through business endeavors with a flair that rivals the most skilled salsa tango or samba dancer.

So, dust off your business shoes, adjust your rhythm, and let’s embark on a cross-cultural dance that bridges old stereotypes with the dynamic, evolving face of Latin American business culture.

Thinking about discovering the rhythm of doing business in Latin America? Pitch us about your business and we will guide you about the best way to land on Latin American markets.

NEWSLETTER

SUSCRIBE

English English Spanish Spanish
es_ARSpanish

JOIN OUR WORLD

Kuntur Ventures