How can you develop the skills needed to succeed as an international leader? Researchers have developed a personal strategy for building a global mind-set that will facilitate success as an effective manager in a different cultural setting. A global mind-set has three components: intellectual capital, the understanding of how business works on a global level; psychological capital, openness to new ideas and experiences; and social capital, the ability to build connections with people and to influence stakeholders from a different cultural background.88 • Intellectual capital is considered the easiest to gain if one puts forth the effort. You can gain global business acumen by taking courses, but you can learn a great deal on your own by reading publications with an international scope such as The Economist, visiting websites that provide information on different cultures or business operations in foreign countries, or simply watching television programs with an international news or culture focus. Working in global industries with people from diverse cultures is also a complex assignment, requiring the ability to manage complexity and uncertainty. • Psychological capital is gained by being receptive to new ideas and experiences and appreciating diversity. It may be the most difficult to develop, because your ability to change your personality has limits. If you are enthusiastic about adventure and are willing to take risks in new environments, then you have the attitudes needed to be energized by a foreign assignment. It takes selfconfidence and a sense of humor to adapt successfully to new environments. • Social capital is based on relationships and is gained through experience. You can gain experience with diversity simply by widening your social circle, volunteering to work with international students, or by traveling on vacation or through a study abroad experience. Now that you have a description of the three components of a global mind-set and a few ideas about how to develop the attributes necessary for global success, consider some ways you can develop a personal strategy that can be implemented during your college career. 1. As a baseline of your current position, list your strengths and weaknesses for each component. 2. Identify your weakest area and make a list of activities that will help you improve your capital in that area. 3. Identify at least three activities you could do this week to get started. For example, you could choose to work with international students on group projects in class. Perhaps invite students with diverse backgrounds to lunch. What questions could you ask that would help you learn about their culture and about doing business in their country? You could go to a museum with an exhibit from another culture, an international movie, or a restaurant with cuisine that is new to you
How can you develop the skills needed to succeed as an international leader? Researchers have developed a personal strategy for building a global mind-set that will facilitate success as an effective manager in a different cultural setting. A global mind-set has three components: intellectual capital, the understanding of how business works on a global level; psychological capital, openness to new ideas and experiences; and social capital, the ability to build connections with people and to influence stakeholders from a different cultural background.88
• Intellectual capital is considered the easiest to gain if one puts forth the effort. You can gain global business acumen by taking courses, but you can learn a great deal on your own by reading publications with an international scope such as The Economist, visiting websites that provide information on different cultures or business operations in foreign countries, or simply watching television programs with an international news or culture focus. Working in global industries with people from diverse cultures is also a complex assignment, requiring the ability to manage complexity and uncertainty.
• Psychological
• Social capital is based on relationships and is gained through experience. You can gain experience with diversity simply by widening your social circle, volunteering to work with international students, or by traveling on vacation or through a study abroad experience.
Now that you have a description of the three components of a global mind-set and a few ideas about how to develop the attributes necessary for global success, consider some ways you can develop a personal strategy that can be implemented during your college career.
1. As a baseline of your current position, list your strengths and weaknesses for each component.
2. Identify your weakest area and make a list of activities that will help you improve your capital in that area.
3. Identify at least three activities you could do this week to get started. For example, you could choose to work with international students on group projects in class. Perhaps invite students with diverse backgrounds to lunch. What questions could you ask that would help you learn about their culture and about doing business in their country? You could go to a museum with an exhibit from another culture, an international movie, or a restaurant with cuisine that is new to you.
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