Denmark is a developed country, with the 34th highest nominal GDP in the world.
Copenhagen occupies two of Denmark’s inhabited islands, Denmark’s capital and economic hub, and home to 1.2 million of the country’s 5.7 million inhabitants.
The Danish economy is supported mainly by small and medium-sized businesses, mostly because the popular Danish business model is one of occupation, not mass production.
Danish companies have traditionally focused on craftsmanship, and Denmark’s business environment and systems are also Danish.
Some tips for doing business in Denmark include:
1. Create Consensus
The Danish culture is one in which a free approach is highly valued, and often those in positions of authority are uncertain to take a complicated stand against the majority.
Those who do could be seen as selfish or arrogant by their team members.
2. No Hierarchies
As part of the deeply held democratic belief structure, most organizations in Denmark are flat and free of too many layers of hierarchy.
Decisions are made in a mutual manner, and titles do not equal right.
Danish businesspeople will settle to the person who exudes the most competence, not the one with the fancy title or prestigious college degree.
3. Communicate Clearly
Because of the team-oriented structure of many Danish businesses, open communication is a critical element to run a successful team or company.
Danish operators work at their best when each character feels he or she is kept in the notice circle, and when every person’s voice is heard.
Read also: Document Translation Services and Their Role in Business Expansion
4. Speak Openly
As a general rule, Danes don’t dance around an opinion.
A democratic system works when everyone in the room is free to convey their idea, and Danes do precisely that.
5. Develop Knowledge of Multiple Languages
With a small population, there are almost a few native speakers of the Danish language and even some overseas who have studied Danish as a second language.
Danes have had to explore other languages to exchange a few words on the global stage. English is one such language, but Danes also speak Dutch, Swedish, German and other languages from nearby countries.
It helps to know which languages the members of your team speak and develop a working knowledge of them.
If you deal with Danish partners, you need to use Danish translation servicesfor all your documents as it shows respect for your partners.
6. Prepare for the Weather
Remember that you’re in Scandinavia, and it gets quite cold in the winter. Denmark is a marine country, so weather patterns bring cool temperatures and rain, even in the warmer months of spring and summer.
Pack for cool or cold weather and rain, depending on the time of year.
7. Progressive Benefits
Denmark is one of the world leaders in integrating women into the workforce.
Relative to the population, few countries can boast a higher number of women in the workplace, and many women attain high-ranking positions within companies.
Danes like punctuality for meetings very sincerely and expect that you will do likewise.
These are hardworking people who want that each minute used productively. It is essential to report on time for both business and meetings.
9. Gift Giving
In Denmark, There is a strict law concerning business gifts. It is not normal to present gifts at business meetings; it is not prohibited.
If it looks like business is going great, then a small gift may be given to your business partner.
If you happen to accept a gift in return, you should open it in front of the person rather than waiting.
10. Business Dress Code
The informal attitude of the Danes is expressed in a generally relaxed but still conservative dress code.
While many men choose a suit and tie, it is not uncommon to see businessmen in more casual clothing, especially when meeting contacts they already know.
Women also dress relatively casually; however, it is always advisable to pay some attention to your choice of clothes.