Foreign Language Contribution in Business Growth
A true fact, all over the world all can communicate in one common language, In fact research figures says only 5.6 % of the world’s total population can converse in English as their primary language, hence under such critical circumstances knowledge of foreign language and its usage for business development is undoubtly can bring sea change in business, whether Spanish, French, Arabic or Chinese. About a decade back to transcend international boundaries were a dream but with various modes of communication it has become child’s play but until now it is local language knowledge which connect you to different hierarchy people.
For instance if we talk about south American countries their is immense business potential, however, not all in company can converse in English, a technical person, a purchase manager, service engineer are country citizen and are lesser and lesser mobile to have exposure of external work environment and converse in any other language.
Although they influence crucial decision related to business. Hence if one can converse in their local language there are all possibilities of achieving the winning edge.
All South American countries are growing as textile hub; chemicals, engineering goods, agricultural goods and smooth functioning can only be possible if manager or prime negotiator is well converse with them.
Needless to mention lot of regulatory documents such as import documents, treaties and regulatory documents are still acceptable in their local language. Hence in this sphere any desiring negotiator or beneficiary is legally bonded to present the documents in their local language.
Later comes another fastest developing economy China and business is difficult not only on price front but language is another big barriers, that the main reason local agents appointment is mandatory, those who are accustomed with legal and language aspects.
Another factor is since labor, raw material availability and infrastructure set up in quite feasible but despite of such privilege if one cannot communicate with supervisors, locally based managers or even labor running the show is next to impossible.
Hence if any amalgamation, takeover, merger or even setting up of manufacturing unit is in plan or agenda, then one of the crucial act on paper is appointment of the people accustomed / familiar with local language to run the show smoothly.

