developing organizational global mindset

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StrategicStraits Inc. 308 I Street SE, Washington, DC 20003 T +1 202 390 8158 F +1 866.334.9436 www.strategicstraitsinc.com The “Crucial” Global Mindset ® Definition The Gobal Mindset ® is a set of individual attributes that help influence individuals, groups, organizations, and systems that are unlike the leader’s. How can Organizations develop the Global Mindset ® ? We believe that internationally growing organizations need to clearly communicate that they value thinking and acting with the Gobal Mindset ® . They need to reward the demonstration of Global Mindset ® skills and offer opportunities to all employees to learn how to engage a Global Mindset ® in their specific roles. What are the Components of the Global Mindset ® ? Research identified three components for a global mindset: intellectual, psychological and social capital. Each component is defined by three specific attributes. To prepare for international roles thoroughly professionals need to develop all nine attributes. These are: Intellectual Capital—a professional’s capacity to understand how business works on a global level Global business savvy—a strong grasp of how the industry operates worldwide, how global customers behave, how our competitors target their needs and habits and how strategic risk varies by geography. Cognitive complexity—the ability to piece together multiple scenarios with many moving parts, without becoming paralyzed by the number of options. Cosmopolitan outlook—an active interest in the culture, history, geography, and political and economic systems of different parts of the world.

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StrategicStraits Inc. 308 I Street SE, Washington, DC 20003 T +1 202 390 8158 F +1 866.334.9436 www.strategicstraitsinc.com

The “Crucial” Global Mindset®

Definition

The Gobal Mindset® is a set of individual attributes that help influence individuals, groups, organizations, and systems that are unlike the leader’s.

How can Organizations develop the Global Mindset®?

We believe that internationally growing organizations need to clearly communicate

that they value thinking and acting with the Gobal Mindset® . They need to reward

the demonstration of Global Mindset® skills and offer opportunities to all employees

to learn how to engage a Global Mindset® in their specific roles.

What are the Components of the Global Mindset®?

Research identified three components for a global mindset: intellectual, psychological

and social capital. Each component is defined by three specific attributes. To

prepare for international roles thoroughly professionals need to develop all nine

attributes. These are:

♦ Intellectual Capital—a professional’s capacity to understand how business

works on a global level

⇒ Global business savvy—a strong grasp of how the industry operates

worldwide, how global customers behave, how our competitors target

their needs and habits and how strategic risk varies by geography.

⇒ Cognitive complexity—the ability to piece together multiple

scenarios with many moving parts, without becoming paralyzed by the

number of options.

⇒ Cosmopolitan outlook—an active interest in the culture, history,

geography, and political and economic systems of different parts of

the world.

StrategicStraits Inc. 308 I Street SE, Washington, DC 20003 T +1 202 390 8158 F +1 866.334.9436 www.strategicstraitsinc.com

The “Crucial” Global Mindset®

♦ Psychological Capital—receptiveness to new ideas and experiences

⇒ Passion for diversity—a penchant for exploring other parts of the

world, experiencing other cultures, and trying new ways of doing

things.

⇒ Thirst for adventure—an appreciation for and ability to thrive in

unpredictable and complex environments.

⇒ Self assurance—self-confidence, a sense of humor, a willingness to

take risks in new contexts, and high levels of energy, the ability to be

energized, rather than drained, by a foreign context.

♦ Social Capital—the ability to build trusting relationships across cultures

⇒ Intercultural empathy—the ability to engage and connect

emotionally with people from other parts of the world.

⇒ Interpersonal impact—the ability to bring together divergent views,

develop consensus, and maintain credibility; and skill at building

networks—not just with peers and senior leaders but with other, less

obvious potential connections.

⇒ Diplomacy—listening to what is said and what is not said, ease in

conversations with people who are different from you, and a greater

inclination to ask than to answer.

StrategicStraits, Inc.

StrategicStraits Inc. is a five year old training and consulting firm specializing in the

development of the Global Mindset® in internationally growing organizations to help

them achieve economic sustainability in their business endeavors. Our workshops

and coaching sessions address all nine Global Mindset® attributes and we engage

subject matter experts to deliver practical solutions in all learning experiences.