The UN recently announced its latest stamp series. It maintains the term "Chinese Lunar Calendar", continuing the naming convention it has used since 2018. The decision has sparked debate. Some argue that it preserves historical consistency. Others say it overlooks the broader cultural significance of Lunar New Year across Asia. From a cross-cultural management perspective, this is a case worth analyzing. Applying Erin Meyer’s Cultural Dimensions ModelTo understand how this decision is perceived differently across cultures, let’s examine it through three key dimensions from Erin Meyer’s framework. 🔹 Context: High vs. Low Context Communication
🔹 Trust: Relationship-Based vs. Task-Based
🔹 Decision-Making: Hierarchical vs. Consensus-Oriented
What This Means for Global BusinessCultural intelligence isn’t about right or wrong. It’s about understanding how decisions are received across different cultural contexts, whether in diplomacy, branding, or market entry. For businesses expanding into new markets, key takeaways include: → Language shapes perception. The terminology you use in foreign markets influences how your brand is positioned. → Market expansion requires cultural awareness. Recognizing local nuances can affect how products, services, and messaging are received. → Adaptability matters. The most successful international businesses refine their strategy based on how markets evolve, rather than sticking to a single approach. How Businesses Can Apply ThisIf you’re entering South Korea, Asia, or other international markets, consider: ✔️ Are you using culturally aligned language in your branding and communications? If you’re not sure, I help companies navigate these complexities, adapt their market approach, and build trust with the right partners, so they don’t encounter unnecessary obstacles. 📩 Let’s discuss your strategy. Reply to this email or book a call HERE. I read all the emails you write! :) See you when I see you! Laura P.S. I’m moving step by step to a new space where we can interact more, share insights, and learn from each other in a way that goes beyond a newsletter. Join the community here: https://nas.io/k-class |
Think you know Korea? Think again. I’m Laura Valls, and after 16+ years in the trenches, I’ve seen it all (or almost all) : the wins, the failures, and the unspoken rules that make or break businesses here.This isn’t another boring newsletter. It’s your backstage pass to the South Korean market.Real stories. Sharp insights.Strategies you can steal today. If you’re serious about cracking Korea—and thriving in it—join now. No fluff, no nonsense. Just the stuff that works.
When a global giant enters a new market, success is never guaranteed. Carrefour, one of the world’s largest hypermarket chains, entered South Korea in 1996, expecting to replicate its success in other markets. They planned to dominate with:✔️ Large, warehouse-style stores✔️ Bulk discounts and low prices✔️ Global sourcing strategies A decade later, in 2006, they made a full exit, selling their 32 stores to E.Land for ₩1.75 trillion (approx. €1.5 billion). Many assume Carrefour failed because...
You got a job (in Korea)You are excited.It might be a global or local company, a new gig, or maybe even a relocation to Korea. But then, you hit a wall. The work hours are brutal (because you need to show that you work hard and that is quantity over quality first).Your ideas get ignored.You feel like an outsides, no matter how hard you try. Western professionals expect meritocracy. (click the link for definition)"If I produce great results, I'll be rewarded". In Korea? not necessarily. Of...
How I Lost Thousands Expanding a Business the Wrong Way In 2016, I was convinced I had the perfect business idea. K-pop’s influence was exploding. Korean fashion and beauty were gaining traction in Europe. Women’s accessories—bags, jewelry, cosmetics—felt like the perfect entry point. So I went all in. I didn’t just start an online store. I created a new company in Spain. That meant: Putting in capital. Renting a space and paying deposits. Hiring a lawyer to set up the company. Paying an...