MNE Topic 4 Flashcards

1
Q

mindset

A

natural human process
filtering input from overly complex world
life -> manageable
products of our histories (biased)

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2
Q

major challenges expatriate managers face

A

culture is crucial
different backgrounds/mindsets

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3
Q

expatriate

A

living and working abroad

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4
Q

cultural differences

A

example HSBC bank

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5
Q

representative and comprehensive attributes of a global leader

A
  1. open minded & flexible
  2. cultural interest & sensitive
  3. deal with complex situations
  4. resilient, resourceful, optimistic
  5. honest, integrity, consistent -> trust credibility= relationships
  6. stable personal life
  7. value added technical or business skills

soft skills!!

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6
Q

4 competencies (global leadership)

A
  1. techniques
  2. skills
  3. values
  4. uniqueness

essential for satisfactory performance

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7
Q

global leadership

A

influencing ACTORS (inside and out of boundaries of global org)
representing diverse cultural/ political/ institutional systems
contribute toward achievement of global org goal
Networks

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8
Q

mindset (global leadership)

A

3 types of capital serve as filters

  1. social capital
  2. psychological capital
  3. intellectual capital
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9
Q

global mindset

A
  • individual attributes/characteristics - help better influence those unlike the leader
  • influence in and out of firm represent diverse cultural/political/instutuonal systems, under rapid change and high uncertainty
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10
Q

general leadership competencies vs global leadership competencies

A

target of influence
actors are different - cultural, political, institutional

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11
Q

global mindset model

A
  1. Global intellectual capital
  2. global psychological capital
  3. global social capital
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12
Q

global intellectual capital

A

COGNITIVE - extent know/how env (industry characteristics)
1. global business savvy
2. cosmopolitan outlook
3. cognitive complexity

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13
Q

global psychological capital

A

AFFECTIVE - positive/energy
1. passion for diversity
2. quest for adventure
3. self assurance

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14
Q

global social capital

A

BEHAVIOURAL - trust/relationship
1. intercultural empathy
2. interpersonal impact
3. diplomacy

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15
Q

example of global mindset

A

Australia VP
passive culture - west and East African cultures

provoke change = develop global learning community - she learning and listening

close ties with foreign colleague = overcome arrogance trap

attitude change - exchange with foreign colleague and close friendships with people globally

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16
Q

links with global mindset

A
  1. individual performance - effective in influence and motivating others, build relationships
  2. corporate performance - intelligently observes and interprets dynamic operating world
  3. 2-3key behaviours = tight focus = impact performance
17
Q

success of a company

A

exploiting emerging opportunity & tackle accompanying challenges -> how intelligently it observes and interprets dynamic world

develop individual GM at manager level & networks and connections to leverage mindsets at org level