Alexander Smbatyan is a tech investor and entrepreneur. He is cofounder at Intent.ai and chairman at the Emerge international conference. Below are excerpts from an article he published in Forbes.

In today’s globalized economy and increasingly diverse societies, cultural sensitivity has evolved from a mere necessity for effective team management to a critical component for achieving business success. It has emerged as a paramount consideration as companies deal with a multiplicity of employee and consumer groups, investors and partners, each coming with their own sensitivities.

Industries such as technology and venture capital, in particular, stand at the forefront of these evolutions. These sectors are inherently globalized and deeply interconnected. Besides music, there’s no more universal language than programming, and venture investment transcends geographical boundaries. Innovation itself thrives on international exchanges and cross-cultural collaborations, further emphasizing the importance of cultural awareness in these domains.

Read the full article HERE.