6-11 Flashcards
What are the Threshold traits in the Global leadership compentency pyramid (Base level)
Integrity, humility, and resilience.
What are the Attitudes and orientation in the Global leadership compentency pyramid
Global mindset, cosmopolitanism, and cognitive complexity.
What are the Interpersonal skills in the Global leadership compentency pyramid
Mindful communication, building relationships, and multicultural teaming.
What are the System skillsa in the Global leadership compentency pyramid
Leading change and fostering innovation. Higher abilites
what are the three stages of cultural adjustment
- Excitement and optimism, 2. Culture shock, 3. Gradual adjustment
What characterizes the first stage of cultural adjustment?
Individuals feel enthusiastic and curious about the new culture
What happens during the culture shock stage?
Frustration, irritation, and confusion due to differences in communication, behavior, and norms.
How is gradual adjustment defined in Cultural adjustment?
Adapting and functioning effectively within the new culture.
What are the five skills needed for Expatriate success?
- Cultural intelligence
- Linguistic ability
- Motivation and support
- Organizational support
- Interpersonal skills
What interpersonal skill is crucial for expatriate success?
Strong communication and relationship-building skills.
Why is cultural intelligence essential for expatriates?
It helps in understanding and adapting to cultural differences.
How does organizational support influence expatriate success?
By providing resources like training, mentorship, and clear expectations.
What are the four Global competence factors?
- Cultural awareness
- Socio-economic state (SES)
- Industry expertise
Early exposure to diversity
What does SES stand for?
Socio-economic state
What early-life factor contributes to global competence?
Early exposure to diversity.
What are the four key cultural determinants?
Language, religion, traditions and social structures.
What are the three steps in cultural integration (McKinsey)?
- Diagnose “How work gets done”, 2. Set priorities, 3. Hard-wire and support change
What is the first step in cultural integration (Mckinsey) during mergers?
Diagnose “how work gets done” by mapping cultural profiles and analyzing behavioral patterns.
What does setting priorities in cultural integration involve? (McKinsey)
Identifying non-negotiable cultural elements and aligning them with leadership priorities.
How do you hard-wire and support cultural change? (Mckinsey)
Embed cultural values into HR processes and develop leadership to model desired behaviors.
What are the three main CSR approches?
Global CSR strategy, Transnational CSR strategy, Local CSR strategy
What does a global CSR strategy focus on?
Universal challenges like sustainability and labor rights.
How does a transnational CSR strategy operate?
Aligns global missions with local needs, addressing regional challenges.
What is the emphasis of a local CSR strategy?
Community-based issues such as education, healthcare, and local environmental conservation.
What does the AAA framework stand for?
Adaptation, Aggregation, Arbitrage
What is the adaptation strategy in the AAA framework?
Adjusting products, services, or business models to meet local preferences.
Define the aggregation strategy in AAA
Achieving economies of scale by centralizing operations like R&D and manufacturing.
What is the focus of the arbitrage strategy? AAA
Exploiting cost differences between markets, such as sourcing from low-cost regions.
