Many commentators emphasise lack of initial trust amongst people who meet for the first time as being a key Czech characteristic.
This having been said, it is hardly surprising to say that teams take a little time before they can start working together effectively. Knowing that teams can take time to bond is a worthwhile piece of knowledge. This information can help set your expectations during the early stages of any project – and also points to the need for resources and time to be made available to help the team-bonding process.
Once a team is established and is functioning well together, it is probably best to try to keep them together for a protracted period – introducing new members only when necessary.
Traditionally, a team would have been viewed as a group of individuals reporting vertically to a strong leader and interaction between team members at the same peer level would have been more limited.
(NB It is probably true that this ‘suspicious’ nature is less prevalent amongst younger Czechs who were not as influenced by Soviet era policies.)
Written and Produced by Keith Warburton
The Czech Republic’s economy has, on the whole, performed very well since the structural and political changes of the 1990’s. Although growth stalled after the banking crises, it seems to have returned through a combination of public expenditure and direct foreign investment. Key indicators such as inflation and unemployment levels show reasons for optimism going forward.
The Czech Republic also scores very highly on many key indictors around ‘well-being’ with personal security, work-life balance, education and skills scoring particularly strongly. In all, the country seems to have come through the transition from Soviet satellite state to modern social economy much better than some of its Central and East European neighbours.
These factors lead us to conclude that the future of the country is bright and that doing business in the Czech Republic probably makes sound commercial sense. The economy is relatively strong, the country is geographically well-positioned, there is an educated workforce and a buoyant consumer culture – all the ingredients would seem to be in place for you to make a success of the Czech market.
However, as with all new markets you really need to do some research before you start to make any plans and it is important to take Czech business culture into account. For example, generational issues will come into play when starting to work with people in the Czech Republic. Are you dealing with people who were educated and worked during the former Soviet era or are your contacts younger professionals raised in a completely different period? Approaches to business can differ significantly between these two groups – and that’s just one of several cultural issues you should understand in advance of starting any business dealings in the country.
This country profile provides an overview of some of the key aspects of Czech business culture in a concise, easy to follow-format. The document includes information on: