Lecture 12 Flashcards
Competitive countries in the global economy are competing for global executives to
manage their global operations.
Managers of North American companies are competing with their
British, French and German counterparts as well as with those originating from countries such as South Africa, Korea, and Brazil.
The challenge for the executives is that companies view the success of executives through
their own cultural blinders.
Perception of successful executives in American management
Ambition
Drive
Financial rewards
Challenge
Independence
Perception of successful executives in German management
Individualistic character
Creativity
Perception of successful executives in British management
Creation of right image
Recognition by others
Individual communication skill to influence others
Perception of successful executives in French management
The power to organize and control members of an organization
The Challenges of the Traditional U.S. Executive Managers in Foreign Assignments
The weakness of U.S dollar
The increased tax on financial packages
The increased dual career marriages in the 1980s
Complicated life of an expatriate
Traditional expatriates are__ in age (around 31 average) than their domestic colleagues.
younger
Traditional expatriates stay in one international assignment for
3 years long and serving for a total of 9 years.
Traditional expatriates are mostly __ and about __ of them are married to foreigners.
men
21%
Most of global expatriates have a __ socioeconomic background their domestic counterparts.
higher
81% of the global managers have college degree while only
70% of their domestic counterparts have comparable education.
Most global expatriates tend to have __ and fewer of them specialize in engineering and business.
liberal arts degree
Most modern expatriates believe that their foreign experience is
important for their global success.
Modern expatriates maintain a network with
their international counterparts.
Modern expatriates work for companies other than
their own countries.
Modern expatriates sell products for
other countries.
Modern expatriates are using their foreign experience in order to surface to
the top in their future upper level management careers.
Modern expatriates assignments are becoming as short as
1 year.
Modern female expatriates are relatively __ than their male counterparts.
younger
Modern female expatriates seem to occupy the
junior management positions.
The majority of modern female expatriates are __ and almost all of them have a __.
single
college degree
Most executive modern female expatriates (3/4 of them) had earlier
international experience.