Academic-Capital

The global mindset is important for managing organizations across a wide spectrum of cultures as well as working effectively within particular cultures. A study by Masakowski, et. al. (2013) discusses the concept of the global mindset and how a sample of military veterans was able to improve upon cultural intelligence, metacognitive/cognitive strategies, and their effective/motivational resources for learning. The study helps to highlight some of the factors in developing global managers. Business education is beginning to incorporate the global mindset into their curriculum in an effort to create stronger global strategic decision-making. This mindset is fostered through multi-cultural interactions within classrooms (Rhinesmith, 1992). It may also be fostered in companies through cross collaborative projects and service oriented learning. The global mindset can be used in business organizations, military units, or geographical dispersed projects. Global leadership skills

Online education and geographically dispersed students afford new opportunities to gain greater international business knowledge and support a global business culture. The advent of high speed virtual communications has changed the rate of global integration of business culture and opportunities to conduct economic transactions across thousands of miles. This new mobility of ideas and marketplace transactions requires relevant forms of education that can support students in developing a larger mental framework that foster higher levels of global competitiveness. Research by Erez, et. al. (2013) studied virtually and globally diverse learning teams and how these impact the development of a global mindset. The global conception often requires at least two different skills that afford a broader perspective of decisions and ideas. Both cultural intelligence and global identity are necessary to construct a better understanding of the world and the issues it faces. The approach to l

Global marketing is a new business necessity as global integration leaves few localities untouched by outside market influence. Developing global managers and moving them into organizations where they are most useful can help in the development of stronger marketing decisions. Research by Moeller and Harvey (2011) highlight the need to develop the “global mindset” among managers and use that mindset to compete on international markets.  Before discussing the benefits of globally oriented managers it is first beneficial to understand what the “global mindset” is. According to Rhinesmith, the global mindset is, “ the ability to scan the world from a broad perspective always looking for unexpected trends and opportunities that may constitute a threat or an opportunity to achieve personal, professional or organizational objectives ” (1993, p. 24). They are able to overview the global environment and understand larger trends and move to specific knowledge adaptation when necessar