Strategic Management
3rd Edition
ISBN: 9781259420474
Author: Frank T. Rothaermel The Nancy and Russell McDonough Chair; Professor of Strategy and Sloan Industry Studies Fellow
Publisher: McGraw-Hill Education
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Chapter 10, Problem 2MS
Summary Introduction
To identify: The weakest area of Person X and the ways to improve it.
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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
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