Pictured above: Sue Clark, Managing Director
Massive business opportunities are being missed because of a
reluctance by Midlands firms to communicate with potential
customers in any language except English.
As the economy begins to strengthen, businesses are better
placed to seek new business abroad, especially in new, emerging
markets. But many are failing to do so, seemingly put off by the
language barrier.
So what if that barrier was removed? Wouldn't the ability to
converse with foreign customers in their own language hugely
improve the chances of winning business with them?
Midlands Technical Translations Managing Director Sue Clark
said: "As a traditionally insular nation with a historical
reluctance to speak other languages it is probably inevitable that
the language barrier gets in the way of so many opportunities.
"So, although there are potential opportunities in markets such
as Russia for certain engineering components - not to mention a
thirst for UK skills and know-how - the language barrier is the
first thing to put people off."
Sue said: "It's not only the different language that puts people
off but also the unfamiliar cultures that exist in prime emerging
markets like Chile, Brazil or Malaysia. It's even the case with
countries closer to the West such as Turkey or Poland, where we
should perhaps have a better understanding."
Talking to business leaders across a variety of networking
events Sue says she has met many people from firms who are ready to
expand but fail to consider foreign contracts because of language
difficulties.
Add to this, the lack of knowledge many business leaders have
concerning emerging markets, then perhaps the reluctance to put a
toe in the water is understandable.
However, plenty of help is available through agencies such as UK
Trade & Investment or the Midlands World Trade Forum. Each have
experienced advisors, cost effective market reports and real people
to talk to with extensive experience of a wide range of
manufacturing and service industries.
Similarly, programmes such as Leonardo and Graduate Advantage
give easy access to finding young, qualified people who have native
level language skills and cultural experience to help work on
initial projects for a reasonable level of investment.
An easy first step is to consider a simple web page in the
target language - easy and cost effective to create and makes your
company website accessible to overseas visitors. Language support
is easy to arrange and competitively priced - it shouldn't be a
stumbling block but a way of bridging the gap to a new export
market.
Sue says: "The economic world is expanding, and companies that
don't at least look at whether it would be appropriate to consider
these high-growth potential markets are turning away an amazing
potential success story.
The help is out there and the language barrier is easy to cross
with the right support. UK companies should be up front and taking
their share of the growth that we see happening in these
markets."