Blog Post #2 – Akorede Ademola

Hey. I can’t believe I?m already back from Panama. It’s been an incredible journey, and in this blog post, I’ll share my final reflections on conducting business and engaging with individuals in this host country. I’ll also discuss how my perspective has changed and whether my initial impressions were accurate or not. Let’s start with conducting business in Panama. One of the most valuable lessons I learned is the importance of building strong personal relationships before diving into business matters. In Panama, trust and connections are key. I initially thought business transactions would be similar to those in the United States, focusing primarily on the bottom line. However, I quickly realized that taking the time to establish rapport and understand the local culture is essential for success. What surprised me the most is how accessible and open people are to sharing their knowledge and experiences. Whether it was discussing business strategies, cultural nuances, or their personal journey, individuals were eager to exchange insights and foster collaboration. This level of openness and generosity truly enhanced my learning experience and left a lasting impact on me. My time abroad has changed my perspective in profound ways. I have come to appreciate the power of cultural intelligence and adaptability in conducting business globally. Understanding the local context, traditions, and communication styles is crucial for building trust and effectively navigating cross-cultural interactions. It’s not just about what you know; it’s about how well you can bridge cultural gaps and embrace diversity. Additionally, my experience in Panama has reinforced the significance of empathy and active listening. By genuinely seeking to understand others’ perspectives and valuing their unique insights, I have been able to forge deeper connections and collaborate more effectively. In terms of my initial impressions, I would say they were accurate in capturing the warmth and friendliness of the Panamanian people. However, my understanding of conducting business and engaging with individuals has evolved significantly. I initially underestimated the importance of relationship-building and the role it plays in the business landscape. This realization has been a game-changer and will undoubtedly shape my approach to future international ventures.