Building a global mindset for young business professionals

Introduction

The environment of all the businesses that exist today is shaped by technological, economic, cultural and political variations. The changes are called globalization which is characterized by increased availability of goods and services, increased mobility of capital, easier international travel, privatization of government monopolies and increased mobility of ideas and people. For TRU manufacturing company to deliver high value to its customers, it needs to mobilize its employees to acquire the global level know-how. This is achieved through having the global mind-set. This essay describes the global mindset and how it can be used in an organization. It also discusses the benefits of using the global mindset in an organization (Kramer, 2005).

Global mind set

Global mind set is defined as what is needed in a global role in which the managements of various organizations require to enhance their adjustment and adaptation to the varying environments and to enhance their ability to effectively work in the international or global arena. It involves the scanning of the business world from a wide perspective, looking for the unexpected opportunities and trends to achieve the set organizational objectives and combining the awareness of diversity across the markets and cultures. The development of global mindset is facilitated by globalization and it yields a competitive advantage within an organization and in the entire world (Bhatawdekar S. 2010). The functions of global mindset to organization managers are means of structuring the global reality and providing for the right management behaviors such as the formulation of interpersonal skills and global vision.

The intention of taking any organization into new international markets is a good one and it has many benefits associated with such an expansion. The benefits include recognition in greater market and access to more revenue opportunities and success comes as a result of research, careful planning and dedication. The employees of an organization are supposed to create a global mindset every time when making decisions of venturing new global markets. This starts from the identification of the international leader in the organization who can assist in enhancing the expansion and the establishment of programs that attracts top global talents with better skills to facilitate success (Corporate Leadership Council, pp.1-15).

In the situations without the global mindset, the managers and employees are faced with the challenge of limited capabilities of absorbing and processing information hence they fail in dealing with the ambiguity, complexity and the dynamic nature of the environmental information in their vicinity. To avoid the above scenario, the individuals in an organization should collectively join their mindsets through various interactions and improve their decision making power in an organization. The right mindset in an organization leads to new experiences that changes the members' mindsets, leads to the change in processes through which the organization members meet and interact, leads to a change the power of the individuals and leads to the change in the mix of the members of the organization such that the new members/employee have completely different mindsets relative to ...