Thursday, July 14, 2016

Nonverbal Communication


Basic Considerations
w  Communication experts have established that less than a third of the meaning transferred from one person to another in a personal conversation comes from the spoken words.
w  Nonverbal communication is widely regarded as the transfer of meaning without using verbal symbols. They are
w  body movement
w   Gestures
w   Posture
w  Pitch
w   Pacing
w   Vocal tone
w  Clothing
w   Facial expression
w   Eye contact
w  Separating the effects of nonverbal and verbal behavior are never easy as they are always in some way about each other
w  With the exception of emotional displays & certain facial expressions, virtually all nonverbal communication is culturally based.

Nonverbal Categories
w  Sign language: can be as simple as the extended thumb of a hitchhiker, or as complex as the complete system of sign language for the deaf 
w  Action language: includes all movements that are not used exclusively for communicating (i.e., walking
w  Object language: includes all objects, materials, artifacts, and things that we use in our daily lives

The Nonverbal Process
w  We first look for a wordless cue - a motion or an object
w  We then look to match the cue against our expectation, asking what seems reasonable or obvious, based on our prior experiences
w  Finally, we draw an inference based on the nonverbal cue and our expectations.

Functions of Nonverbal Communication
w  Accenting verbal message 
w  Complimenting the general tone or attitude of our verbal communication
w  Contradicting the verbal messages we send
w  Regulating the flow, the pace, & the back-&-forth nature of verbal communication
w  Repeating what verbal messages
w  Substitute for verbal messages, particularly if they are simple or monosyllabic.

Principles of Nonverbal Communication
-          Occurs in a context
-          Are usually packaged
-          Always communicates
-          Are governed by rules
-          Are highly believable
-          Are meta-communicational

Dimensions of the Nonverbal Code
-          The Communication Environment is a collection of nonhuman factors that can, & often does, influence human transactions
o   People always change environment to accomplish their communication goal.
-          Body movement: The manner in which we move and position our bodies tells people something about us.
-          The categories of body movement are:
o   Emblems: nonverbal acts which have a direct verbal translation.
o   Illustrators: gestures that often complement our verbal signals, helping to illustrate what we said
o   Affect displays: behaviors that indicate the type and intensity of the various emotions we feel
o   Regulators: body movements that help to control the flow of communication. 
o   Adaptors: movements or behaviors that involve personal habits and self-expressions.
-          Eye contact: Direction, duration, & intensity of eye contact play an important role in human interaction.  Such contact:
o   Indicates interest, attention, or involvement between 2 people.
o   Varies in meaning among different cultures.
-          Artifacts: objects human-made or modified affect our interactions
-          Touch: The act of touch greatly affects the way we perceive the communicator. .
o   Positive and negative influences of touch depend greatly on the environment and context for the interaction
o   Touch ungoverned by rules is no longer welcomed in workplace.
-          Color or shading are subtle and powerful message senders.
-          A communicator’s physical characteristics and overall appearance often affect how others react to the conversation. Attractive people are frequently better received by an audience.
-          Paralanguage which refers to how something is said and not what is said influences communication (eg vocalics)
-          Our use of space in the office or in a social setting affects our interaction. Here are four categories of distance which help to define the relationship between communicators:
o   Intimate:  ranges from actual touching to a distance of about 18 inches.
o   Personal:  ranges from about 18 to 30 inches. (1inch = 2.54cm)
o   Social:  ranges from about 4 to 12 feet. (1foot = 12 inches = 30.48cm)
o   Public:  ranges from about 12 to 15 feet. (1m = 100cm)
-          Time: Our use of time & how we view its role in our personal and professional lives play a role in our communication. The meaning of time & its importance varies from culture to culture.
-          Smell is a powerful communicator reaching far and wide throughout human emotion & experience.
-          Taste: Our ability to taste, highly correlated to our sense of smell, influences our communication
-          Sound & its effects on communication are important parts of nonverbal communication. The notion of sound relates to acoustics as well as the melodic ranges of the human voice, sounds produced by nature and mankind, & music.
-          Silence can be used both positively and negatively to affect, to reveal, to judge, or to activate.  Research in interpersonal communication has revealed that silence may serve a number of important functions.  It can be employed to:
o     Provide thinking time
o  Hurt others
o    Isolate oneself
o    Prevent communication
o    Communicate feelings
o    Communicate nothing.


EFFECTIVE LISTENING



Studies Show That:
The average person spends about 70% of each day engaged in some type of communication.
  • 45% is spent in listening, 45°
  • 30% speaking, 30°
  • 16% reading, 16°
  • 9% writing. 9°
 LISTENING
  • Hearing is merely an involuntary physical response to the environment.
  • Listening is a sophisticated communication skill which can be mastered only with considerable practice.
  • Listening is a process that includes hearing, attending to, understanding, evaluating, and responding to spoken messages.
  • You can learn to be an effective, capable listener by using the techniques we’ll review.
 Why Listening Matters:
  • Poor listening can cause simple mistakes, lawsuits, and even deadly disasters.
  • Active and reflective listening you gets you more successful in your personal and professional life
  • Listening is the central skill in the establishment and maintenance of interpersonal relationships
 Reasons to Improve Your Listening
  • Demonstrate your valuation and
  • Promote problem-solving abilities
  • Increase the speaker’s receptiveness to the ideas of others
  • Increase the self-esteem of speaker & the other persons.
  • Help to prevent head-on emotional collisions.
  • Help you overcome self-consciousness and self-centeredness.
 How Well Do You Listen?
  • How would you rate yourself as a listener?
  • How would the others rate you as a listener?
·         your subordinates
·         your peers
·         your boss
·         your significants
·         your best friends

Ineffective Listening Habits
Dr. Ralph Nichols has discovered that many of us employ ineffective listening habits that interfere with learning.
·         Being preoccupied with talking, not listening
·         Calling the uninteresting subject.
·         Letting bias or prejudice distort the messages you hear
·         Oversimplifying answers or explanations.
·         Tolerating distractions.
·         Avoiding difficult, expository or technical material
·         Rationalizing poor listening.
·         Criticizing the speaker’s delivery.
·         Jumping to conclusions before the speaker has made his/her point
·         Getting over-stimulated to the respond.
·         Assigning the wrong meaning to words
·         Listening only for the facts
·         Trying to make an outline of everything we hear.
·          Faking attention to the speaker
·         Letting emotion-laden words throw us off the track.
·          Interrupting the speaker to express your own opinion
·         Wasting the differential between speech speed and thought speed.



Communicating on Paper

The basics of business writing
Writing Serves 1 of 3 Basic Purposes:

  • To Persuade
  • To Inform
  • Audience
  • Purpose
  • Occasion
  • Significance
  • Clarity
  • Unity
  • Economy
  • Acceptable Usage 
Writing Involves Creative Thinking
  • Preparation:  doing your homework, gathering data, thinking about the general nature of the problem.
  • Incubation:  letting the problem simmer, moving on to other issues, permitting the subconscious to work.
  • Illumination & Execution:  arriving at a solution, putting words on paper, putting the solution into action.
  • Verification:  testing the solution to see if it works. 
Business Writing Should Consider Four Key Issues:
  • Audience
  •  Purpose
  •  Message
  •  Persona 
To Help Define Your Persona:
  • Do your research.
  • Show that you are aware of the other side(s) of the question.
  • Don’t overstate your case.
  • Don’t oversimplify
  • Show confidence. 
As You Address Your Audience:
  •  Don’t bore your readers
  •  Don’t waste their time
  •  Don’t confuse your readers.
  •  Don’t intimidate your readers.
  •  Don’t threaten your readers.
  •  Don’t disappoint your readers.
  •  Always assume your audience is intelligent but uninformed.
  •  Be sure that you’re not writing for yourself.
As You Prepare Your Message:
  •   Don’t muddy your message with multiple appeals.  Keep it simple.
  •   Don’t confuse your audience with more than one central message.
  •   Make all of your evidence support your one, primary contention. 
As You Prepare Your Message:
  • Make all of your illustrations and examples relevant.
  • Make sure you can express your idea in one thesis sentence and your principal arguments on one piece of paper
  • Do all that you can to make it easy for your audience to “buy into” your message. 

PEST Analysis for Cambodia


Country Information
•          Land Area        : 181,035 Km2
•          Cambodia is bordered with :
–      Thailand          : north and west (817 km/508 mi)
–      Lao PDR          : north (555 km/345 mi)
–      Vietnam           : east and south (1,158 km/720 mi)
–      Coastline         :  443 km (275 mi)
•          Climate            : Tropical zone and 2 seasons
•          Population                   : ~15,424140 million (as of  2014)
•          Population growth rate:  1.54%
•          Density            : 85 persons/km2
•          Capital City      : Phnom Penh
•          60% of population is based on agriculture         
                        (https://en.wikipedia.org/wiki/Geography_of_Cambodia)                

I. Political Climate
•       Cambodia has step by step developed its economy and social structure from the bottom after three decades of devastation and societal fragmentation from civil conflicts, colonization, genocidal Khmer Rouge and foreign sanctions, with the help of United Nations and foreign countries (Vu, 2015).
•        Cambodia is a constitutional monarchy. After 2013 election, there are two main political parties: CPP and CNRP.

Corruption
•       Transparency International (TI) ranks Cambodia in the 156th place in the corruption perception index in 2014. Cambodia’s government makes efforts to reduce corruption nationwide (Vu, 2015).
•       In March 2010, the Cambodia’s government passed the draft of the Anti-corruption Law.
•       The RGC has requested the private sector to help support efforts to reduce informal payments. In response, 17 large companies have recently signed an MOU with the Anti-Corruption Unit, 9 of which are located in the Phnom Penh Special Economic Zone (PPSEZ) (World Bank, 2015)

Prime Minister’ Facebook Page
•       Prime Minister Hun Sen is nearing the pinnacle of Cambodian social media popularity. He has launched a new personal website and his own Hun Sen app for Android phones.
•       As of Tuesday evening, his official Facebook page had accrued more than 2,108,800 “likes,” edging out Mr. Sam Rainsy’s official page, which had about 2,094,800 “likes.”
                                    (Source: The Cambodia Daily, 03 February 2016)

A New Wave of Reforms
•       To address this, the RGC has initiated a new wave of reforms since early 2014. Three key reforms in the area of trade facilitation are:
  1. Company registration is being simplified and automated. It is intended to allow applicants to register a new company online in significantly less time, ultimately diminishing face-to-face contact.
  2. Automation of the Certificate of Country of Origin (COO). In a first phase, MOC launched an Interim System, which can be used from the Ministry's premises. Work is under way for the system to be fully automated so that companies can apply for the certificate electronically. The new COO system is intended to become an electronic payment platform and offer the first e-payment facility (with e-signature) for government services (World Bank, 2015).
  3. Transition of CAMCONTROL to a modern Food Safety and Consumer Protection Agency. This is intended to improve the overall level of food safety in Cambodia and reduce duplications with the General Department of Customs and Excise (GDCE).

II. Economic Climate 
•       Cambodia marked a turning of a central planning economy to a market economy in April 1989 (Diep, 2005).
•       On 30 April 1999, Cambodia successfully became a member of ASEAN and a member of WTO in September 2004.  In June 2009, Cambodia was lifted from the blacklist by the US government (Sok, 2009).
•       Since 31 December 2015, the ten ASEAN member countries have officially launched the ASEAN Economic Community (http://aseanup.com/).

Foreign Development Assistance
•       Cambodia is characterised as a heavily aid-dependent country.
•       Approximately Cambodia’s budget is constituted by 40% of foreign development assistance, of which close to 14% is spent by NGOs (CDC 2014; RGC 2013).

SME Report
•       From the base of zero in 1989, the number of private enterprises had quickly risen to a total of 505,134 enterprises in which the number of SME establishment counted for 99.8% of the entire establishment, consuming 73% of national employment, and 58% of national production (EC, 2011).

Rapid Growth of the Banking Sector
•       As of March 2015 there are 36 commercial banks, 11 specialized banks, 21 licensed microfinance institutions, 28 registered microfinance institutions and around 60 unregistered NGOs.
•       Bank deposits (BD): $53 million in 1993 to $347 mil. in 2000; $914 mil. in 2005, $4 bil. in 2010, 12 bil. in 2014, but reduced to $10 billion in 2015.
•       Credit to the private sector: increased from US$92 million in 1993 to $233 million in 2000, to $3.2 billion in 2010, then to $11 billion in 2015 (Cambodian Economy, 2015).

Interest Rate
•       The domestic US dollar interest rate—the US dollar lending rate 12-month weighted average—increased to 11.51% per annum at the end of 2014.
•       The domestic US dollar fixed deposit interest rate (12-month weighted average), however, remains at 4.2% per annum (World Bank, 2015).
•       A joint World Bank/IMF debt sustainability analysis (DSA) conducted in 2013 showed that Cambodia’s debt distress rating remained low, with all debt burden indicators projected to remain below their respective thresholds.
•       The size of Cambodia’s external debt (including arrears) is projected to have reached US$ 5.6 billion or 33.9% of GDP in 2014 (World Bank, 2015).

Cambodia’s Debt
•       A joint World Bank/IMF debt sustainability analysis (DSA) conducted in 2013 showed that Cambodia’s debt distress rating remained low, with all debt burden indicators projected to remain below their respective thresholds.
•       The size of Cambodia’s external debt (including arrears) is projected to have reached US$ 5.6 billion or 33.9% of GDP in 2014 (World Bank, 2015).

Currency
•       Cambodian currency is Riel (KHR). Cambodia has been one of the highly dollarized economies since 1992. Since 2007, the share of foreign currencies in broad money has reached around 80% and the economy has become dollarized.
•       The share of US dollar deposits in total deposits has fluctuated between 92% and 98% during the past two decades. By December 2014, US dollar deposits reached almost US$8.6 billion more than half the size of the economy (World Bank, 2015).

Advantages of Dollarization
The economy has achieved an impressive performance during the past two decades (World Bank, 2015).
  1. Dollarization is known to constrain cash-strapped governments from resorting to domestic financing, a major cause of spiral inflation in the late 1980s and early 1990s in Cambodia.
  2. During times of external shocks when there is a US dollar shortage, the total value of US dollars in circulation can help finance current account deficits, a role often played by foreign reserves.
  3. Other proponents of dollarization believe it is most beneficial to a small open economy, like Cambodia, heavily trading with other dollarized partners, with a business cycle highly correlated with that of the US.
  4. By eliminating exchange rate risk, dollarization attracts capital inflows and facilitates high level of openness, fostering Cambodia’s liberal trade and investment regimes.
Disadvantages of Dollarization
The Cambodian authorities acknowledged in its Rectangular Strategy (RS) Phase 3 that the economy remains highly dollarized which imposes limitations on monetary policy (World Bank, 2015).
  1. Dollarization at least partly renders Cambodia’s exports and the production of tradable goods less competitive compared with its low-income peers due to nominal exchange rate appreciation vis-à-vis other currencies.
  2. Some rough estimates put the loss of seigniorage at between US$1 and US$2 billion. Seigniorage is the gain (or loss) resulting from circulating the face value of a currency minus the cost of producing it.
  3. Dollarization and exchange targeting may not anchor price levels as well as one might expect.
  4. The key feature of dollarization is a fixed exchange rate (riel versus US dollar exchange rate peg) which constrains trade policy.
Ways Forward
            In the early stages of development of the banking sector, with its newly established monetary authorities, human resources capacity and a regulatory framework to manage monetary policy in Cambodia were weak.
            Therefore, at that time, the benefits of dollarization outweighed the costs (World Bank, 2015).

Trade Liberalization
•       The main markets of Cambodia’s exports are North America and EU (ITC by Country Report, 2014).
•       Cambodia gains benefits from the EU’s Generalized Scheme of Preferences (GSP) as a Least Developed Country (LDC), which enables the duty-free exports of all products except arms and ammunition. (Countries and Regions – Cambodia, 2014).
•       Cambodia is in the top list of liberal investment markets in developing Asia with the permission of 100% foreign ownership and only marginal number of industries closed to foreign investments (UNCTAD, 2013).
•       Another research from NagaCorp (2013) also indicates that Cambodia offers one of the most liberal investment environments in Southeast Asia.

Labor Costs
•       From 2010, garment workers earned the minimum wage of $61 per month while there is no minimum wage for other industries.
•       In 2014, the tripartite Labor Advisory Committee approved to raise the minimum wage to $100 (Investment Climate Statement – Cambodia, 2014).
•       In 2015: the minimum wage to $128
•       January 2016: the minimum wage to $140

III. Social Climate 
Age Structure

0–14 years                               31.9%
15–64 years                              64.3%
65 and over                              3.8%

More info: https://en.wikipedia.org/wiki/Demographics_of_Cambodia





Lao P.D.R.: PEST Analysis



Location and Areas of Lao P.D.R.
 •       Located in Southeast Asia
•       Shares borders with:
•       Vietnam to the east: 2069 Km
•       Thailand to the west: 1835 Km
•        Myanmar to the northwest: 236 Km
•       China to the north: 505 Km
•       Cambodia to the south: 435 Km

Population
 •       Based on the survey in 2005
•       Population: 5.609.997
•       Birth Rate per year: 35.99 %
•       Mortality Rate per year: 11.83%
•       Natural Increase Rate per year: 25%
Regarding its natural increase rate, in 2013, Lao population is projected to be around 6.580.000, ranked as 104th in the world and 8th among ASEAN state members

Promoted Business sectors in SEZ  
Export Oriented Processing:
-         Agricultural and food processing, Copper and wood based production;
            (Automotive, electronic parts and furniture)
-      Auto, motorcycle assembling and maintaining Textile,
-         garment, shoes, bag production……                                                                 
Services:
-     Tourism, banking, financial & insurance, Logistics & distribution;
-         International hospital and school; Entertainment center,
   seminar and training center, Hotel and spa, tourism and restaurant
Trading:
-          Duty free, re-export, wholesales
-          Exhibition and Department store……
  
Comparative Advantages Investment in SEZA 
1.  Political and Economic Stability;
2.  Strategic Geographical Location;
3.  Rich Natural Resources ; ex: Copper, Gypsum,…
4.  Free from severe natural disasters;
     ex: no Earthquake, no Tsunami, no severe flood,…
5.  Generous Tax Incentives;
6.  Stable and Low Cost Electricity Supply 
7.  Special Privileges on Export
            (GSP from 42 countries and NTR by USA);
  
Tax Incentives 
Ø  Tax Holiday:
            2–10 years starting from profit making year
Ø  Corporate Profit Tax:
            8 – 10%
Ø  Personal Income Tax:   
            5% for both local and foreigners within SaSEZ
Ø   Taxes & customs duties exempted for all import raw material and export manufactured products;

II. Political
Governance
•      Lao P.D.R. is People’s Democratic State with President is Head of the State.
•       Constituted by 3 Authority Organizations
•       Legislative Organization: National Assembly
•       Judicial Organization:
•       People’s Supreme Court
•       Public Prosecutor-General
•       Executive Organization: Government 

Characteristics
•      Lao P.D.R. is the framework of a single-party socialist republic. 
•      The President is the Head of the State.
•      Lao economy is agriculture-based.
•      Lao P.D.R. is listed in one of 49 least developed countries in the world
•      Lao P.D.R. has projected to eliminated from list of least developed countries in 2020 

Policy
•      New Ideology
•      Industrialization and Modernization
•      3 Builds
•      Turning Land into Capital
•      Special Economic Zone and Specific Economic Zone
•      One door policy