6-11 Flashcards

1
Q

What are the Threshold traits in the Global leadership compentency pyramid (Base level)

A

Integrity, humility, and resilience.

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2
Q

What are the Attitudes and orientation in the Global leadership compentency pyramid

A

Global mindset, cosmopolitanism, and cognitive complexity.

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3
Q

What are the Interpersonal skills in the Global leadership compentency pyramid

A

Mindful communication, building relationships, and multicultural teaming.

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4
Q

What are the System skillsa in the Global leadership compentency pyramid

A

Leading change and fostering innovation. Higher abilites

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5
Q

what are the three stages of cultural adjustment

A
  1. Excitement and optimism, 2. Culture shock, 3. Gradual adjustment
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6
Q

What characterizes the first stage of cultural adjustment?

A

Individuals feel enthusiastic and curious about the new culture

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7
Q

What happens during the culture shock stage?

A

Frustration, irritation, and confusion due to differences in communication, behavior, and norms.

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8
Q

How is gradual adjustment defined in Cultural adjustment?

A

Adapting and functioning effectively within the new culture.

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9
Q

What are the five skills needed for Expatriate success?

A
  • Cultural intelligence
  • Linguistic ability
  • Motivation and support
  • Organizational support
  • Interpersonal skills
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10
Q

What interpersonal skill is crucial for expatriate success?

A

Strong communication and relationship-building skills.

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11
Q

Why is cultural intelligence essential for expatriates?

A

It helps in understanding and adapting to cultural differences.

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12
Q

How does organizational support influence expatriate success?

A

By providing resources like training, mentorship, and clear expectations.

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13
Q

What are the four Global competence factors?

A
  • Cultural awareness
    • Socio-economic state (SES)
    • Industry expertise
      Early exposure to diversity
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14
Q

What does SES stand for?

A

Socio-economic state

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15
Q

What early-life factor contributes to global competence?

A

Early exposure to diversity.

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16
Q

What are the four key cultural determinants?

A

Language, religion, traditions and social structures.

17
Q

What are the three steps in cultural integration (McKinsey)?

A
  1. Diagnose “How work gets done”, 2. Set priorities, 3. Hard-wire and support change
18
Q

What is the first step in cultural integration (Mckinsey) during mergers?

A

Diagnose “how work gets done” by mapping cultural profiles and analyzing behavioral patterns.

19
Q

What does setting priorities in cultural integration involve? (McKinsey)

A

Identifying non-negotiable cultural elements and aligning them with leadership priorities.

20
Q

How do you hard-wire and support cultural change? (Mckinsey)

A

Embed cultural values into HR processes and develop leadership to model desired behaviors.

21
Q

What are the three main CSR approches?

A

Global CSR strategy, Transnational CSR strategy, Local CSR strategy

22
Q

What does a global CSR strategy focus on?

A

Universal challenges like sustainability and labor rights.

23
Q

How does a transnational CSR strategy operate?

A

Aligns global missions with local needs, addressing regional challenges.

24
Q

What is the emphasis of a local CSR strategy?

A

Community-based issues such as education, healthcare, and local environmental conservation.

25
Q

What does the AAA framework stand for?

A

Adaptation, Aggregation, Arbitrage

26
Q

What is the adaptation strategy in the AAA framework?

A

Adjusting products, services, or business models to meet local preferences.

27
Q

Define the aggregation strategy in AAA

A

Achieving economies of scale by centralizing operations like R&D and manufacturing.

28
Q

What is the focus of the arbitrage strategy? AAA

A

Exploiting cost differences between markets, such as sourcing from low-cost regions.