Global Management Skills - 779 Words

MINA MANAGEMENT INSTITUTE SHARING THE VISION OF EXCELLENCE GLOBAL MANAGEMENT SKILLS The collapse of international economic boundaries, rapid changes, workforce mobility and diversity, and the economic interdependence of countries is what is popularly known as Globalisation. This phenomena poses difficult challenges to everyone especially mangers to reassess their capabilities and get ready to manage internationally. The need arises from the fact that traditional management skills are designed to manage only in local environment which is comparatively static and non changing. Contrarily international business environment is highly volatile, and rapidly changing. The skills meant for local environment will thus be insufficient if one†¦show more content†¦Getting involved with the right partners and avoiding wrong associates is a highly desirable trait which must be learnt by these managers. 3-CROSS CULTURAL SENSITIVITY: Culture means the set of beliefs, values and attitudes deeply held by people of one country, race or religion which set them apart from other people belonging to different countries, races, and religions. Culture deeply affects peoples values, beliefs and perceptions and make them different than that of others. This may lead to a lot of misunderstandings. For example a Westerner while talking to someone in the East who is looking down and not maintaining eyes contact with him may perceive that person to be some one telling lies. Contrarily the Easterner being looked directly into his eyes may find it rude or intimidating. To overcome these types of problems managers must develop cross cultural sensitivity-the ability to correctly understand, respect ad successfully deal with the people of other cultures. It should be emphasised here that cross cultural sensitivity is extremely important for a modern manager as trivial mistakes can lead to great losses and problems. 4- SELF MOTIVATION: Self motivation is the ability to pick up one’s self on continuous basis. Away from home country in another place many things can happen leading to disappointments and failures. To cope up, an international manager must see it very positively and showShow MoreRelatedGlobal Management Skills2761 Words   |  12 Pages411 2010 Global Management Skills and Training Globalization has flattened our borders and increased our opportunities for trade, participating in joint ventures or establishing foreign direct investments in other countries. Unlike managing a business on US soil interacting and directing a company in a foreign country requires an advanced skill set to be successful. Those skills should include a general business education and an advanced or MBA program focused on global management highlightingRead MoreDecathlon Group: Global Management Skills3643 Words   |  15 Pagesand thoroughly in order to be successful. Global Management Skills Managing others is a skill not everyone possesses, but it is something that everyone can learn (Bass Avolio, 1994; Sommers Barnes, 2001). However, management of people cannot be learned overnight, and that is especially true when it comes to an overseas assignment where everything is different and the culture and language can quickly become barriers to understand and proper management of employees. My principal strength as aRead MoreGlobal Management Skills of the Walmart Corporation Essay2100 Words   |  9 Pagesand objective Research Title A Research into Developing Global Management Skills of Wal-Mart (Japan) Research Question How to reduce the impact of cultural issues on Wal-Mart’s business in Japan through the development of global management skills? Research Objective 1. To investigate the importance of developing global management skills 2. Training to develop global management skills 3. Learning how to develop global management skills 1.3 Research rationale / contribution I found thatRead MoreManagement Skills Need For The Business Successful And Profitable At The Global Platform1638 Words   |  7 Pagesfails miserably to engage their employees. The management skills need to be effectively leveraged so as to maximize the success of the business and are the key elements for making the healthy and desirable workplace. Business is an entity with several numbers of internal and external customers and these customers are effectively managed via effective management skills. Thus, management skills is about knowing and doing, whereby conceptual rules of management is easy to understand but it is the capabilityRead MorePersonal Statement On Experiential Exercise930 Words   |  4 Pagestaking the â€Å"Apply Your Skills: Experiential Exercise† survey on page 29 of the Management textbook, I learned that my managerial skills scored the lowest in the technical skills category. Whether I am too subjective in my answers or I misunderstood some of the q uestions, I believe this is, in some part, an error. My technical skills have led me to excel in my jobs throughout the years. My next lowest score was in the human skills category. The textbook defines human skill as â€Å"the manager’s abilityRead MoreDynamic Globalized Business Has Changed Managers Job1160 Words   |  5 Pagestheir job. However, due to the changes of business world, supervisors may need to deal with complicated international management issues, such as managing change, managing multi-cultural workers and managing subsidiary. Managers’ job can be described into three categories, which are function, roles and skills. The changes of managers’ jobs have changed the functions, roles, and skills of managers become more complicated and hard. This essay will first define the term of globalization. Then it willRead MoreQuestions On Skills And Skills922 Words   |  4 PagesSkills Approach Introduction The area of leadership skills and abilities has been studied by many researchers. One of the models was put forward by Katz in which he determined three various levels of skills that leaders in organizations must have. These skills included technical skills, human skills and conceptual skills (Northouse, 2015). The researcher stated that these skills tend to differ from qualities or traits of leaders as skills describe what leaders can attain while traits describe whoRead MoreHuman Resource Management And Its Importance1517 Words   |  7 Pagesbegan to change from the industrial economy to a knowledge economy era. Economic globalization and improve the level of global competition, organizations have had to make full use of all their resources to ensure its survival and development. As an important resource organization human resource organization also attracted more and more attention. Effective human resource management has become a key organizational development and success. In 1991, the United States, IBM and Tower Perrin consulting firmRead MoreManagement and Page Ref11976 Words   |  48 Pagesinterpersonal skills helps organizations attract and keep high-performing employees. Positive social relationships are associated with lower stress at work and lower turnover. Finally, companies with reputations as good places to work have been found to generate superior financial performance. Expanding a companys consulting needs is not a positive reason to teach organizational behavior. Diff: 2 Page Ref: 4 Topic: Importance of Interpersonal Skills Skill: AACSB: Analytic Skills Objective: InterpersonalRead MorePrinciples of Management2084 Words   |  9 PagesChapter 1: 1. Developing employee skills is a challenge in almost any environment. What type of skills needs to be mostly developed for EMAL trainees? * Technical skills. 2. Once those employees progress in their careers and get promoted, what kind of skills would be needed? * Human skills the most and less of technical and conceptual skills. 3. Go to the Emirates Aluminum Website at www.emal.ae. What can you tell about the company’s emphasis on people and their careers