Management in global environment

What competencies do you need to have if you were to join working for a global company in which you would spend time in different countries?

 

 

 

 

preview of the answer..

Many multinational companies are unable to expand their firms to new locations because of lack of qualified managers. However, globalization has led to these firms realizing the importance of human resource as a competitive advantage. Today, many global firms have invested heavily in human resource with an aim of increasing their profits. This has in turn their staff acquiring global competencies, thus enabling their firms to compete on a global scale. There are several global competencies needed for a firm to earn huge profits from their global operations (Corbett, 2004).

            One of the global competencies needed by firms is cultural diversity. This competence is of great importance as it enables businesses to handle their clients effectively. This stems from the fact that the businesses are able to know all ethical considerations related with their clients, …

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