Chapter 3, Problem 1DQ

Summary Introduction

To Explain:

What specifically would the experience of living and working in another country contribute to your skills and effectiveness as a manager in your own company?

Introduction:

Living and working in any another country is a dream as well challenges. If as a manager, you get posted in Afghanistan then discharging the duty is going to be a challenge. But if you get posted in U.S as a project manager then it's like a dream come true. But in both the scenario being a Manager you are going to learn a lot.

Answer to Problem 1DQ

Solution:

The experience of living and working in another country would contribute to the skills and effectiveness of the managers as well as of any individual.

Explanation of Solution

In today's world the competition in the business markets has grown to many folds. Every company is competing with its rivals on the global scale. Each organization has different market strategies to remain in the competition and for that they are spending a large sum of money on planning, recruitment and training of personnel, communication networks etc. Every organization is developing great work cultures to work in and is focusing on growth to make an impact on the global front.

Not even a manager but also an individual learns so many things and add to its skill set when he experiences living and working in another country. Everybody generally knows his native culture, language, caste, society, religion etc. but if he has to communicate with other people from different societies of the world then he might face some problems in that. Hence living and working in other countries would help him know other cultures around the world. One can learn the cultural beliefs, traditions, traits, values etc. of other cultures and as per those can excel one's skills so that it can help him in the business.

Talking about the managerial skills and effectiveness, in different cultures the way of managing things and work is somewhat different from other cultures. Also, the language of communication and sharing of knowledge and information is also different. Hence one can enhance one's communication skills also living and working in another country. It is also very important for developing a global mind-set for the business purpose. If any individual wants to expand his business, he should have the knowledge of other cultures and countries so that it would help him selecting right place and right people for the business expansion.

Managers should learn taking care of the advertising and marketing practices. Experiencing other work culture would let him know the translation of various advertisements for the organization because the meaning of an advertisement in one country can mean differently in another country. He would also gain knowledge and experience regarding the various business operations of other cultures also and can blend them in his native business operations which can result into some new innovative techniques of managing work culture. Managers would get benefitted by also gaining knowledge about the rules and regulations and many formalities, a company must do before setting up a business internationally. It would also include the process of business expansion also.