4. Going Global - Early Stages
Traders
Soldiers
Missionaries
Adventurers
5. What is the Globalization
The integration of economic,
political, and cultural
systems across the globe
A Level Playing Field where
all competitors have an
equal opportunity
Historical and geographical
division are becoming
increasingly irrelevant in a
global market
Thomas Friedman –
The World is Flat
6. Curse or Nirvana ?
The dominance of
developed countries
in decision making,
at the expense of
poorer, less powerful
nations ?
A force of economic
growth, prosperity,
and democratic
freedom ?
http://www.therichest.org/world/poorest-countries-in-
the-world/#3
10 Poorest Countries in the World 2011
7. NOT ONLY FOR BIG GUYS
Microfinance Goes Global Online
You Can Be a Global Lender with $25
$25
$25
$25
$25
-$1,150 Philippines
CaliforniaSingapore
Spain
Ireland
12. The 44th of the Chart
The Global Competitiveness Report 2010-2011
Inefficient Government
Bureaucracy
Corruption
Inadequate Supply of
Infrastructure
Top 3 Problematic Factors
14. Trend and Opportunities
Low-Cost Geography: Off-shoring
Global Connection & Social
Network: Share and Compete
The Mesh
Co-Creation
Crowd-sourcing
After China and India, what is
the largest nation in the world ?
845 million monthly
active users at the end
of December 2011
15. Global Readiness
Global Leaders to influence
individuals, groups, and
organizations that are unlike
them
Professionals to fully grasp
global business imperatives to
effectively work and lead in
global competition environment
Global Mindset – A Set of Characteristics that Help
16. Global Mindset
Combines openness
to and awareness of
diversity across
cultures and markets
Propensity and
ability to synthesize
across the diversity A.K. Gupta,
V. Covindarajan,
H.Wang –
The Quest for
Global Dominance
17. Chevron Diversity
Office of Global Diversity – Vision: To Make
Chevron a Truly Global, Diverse, and Inclusive
Workplace for Competitive Advantage
Diversity - the mixture of people in our
business, with their variety of backgrounds,
experiences, styles, cultures, skills, and
competencies
Competitive Advantage - respecting and
valuing the unique talents and characteristics
of each individual and leveraging skills, ideas,
and experience.
19. Developing Global Mindset
Intellectual Capital
Psychological Capital
Social Capital
Global Mindset Leadership Institute
20. Expanding Capital
F. Luthans, K.W. Luthans, and B.C. Luthans (2004) –
Positive Psychological Capital: Beyond Human and Social Capital
Traditional
Economic
Capital
Human
Capital
Social
Capital
Positive
Psychological
Capital
What You Have What You Know Who You Have Who You Are
Finances
Tangible
Assets
(plant,
equipment,
patents,
data)
Experience
Education
Skills
Knowledge
Ideas
Relationships
Network of
Contacts
Friends
Confidence
Hope
Optimism
Resilience
* Human Capital and intellectual Capital is sometimes used interchangeably
21. Intellectual Capital
Master the World Lingua Franca
Get Access to and Explore Global Library
Keep Abreast with Global Business
Dynamics
Able to Build Global Alliances-
Partnerships
Manage the Tensions with Local Challenges
Handle Complex Cross-Cultural issues
Learn, Un-Learn, Re-Learn
22. Social Capital
Understand Cultural Sensitivity,
Inter-Cultural Empathy, yet Ready
to Push the Limits of the Culture
Establish and Plug In into Your
Professional and Social Network
Globally
Generate positive energy in and excite
people from different part of the world
Don’t Wait and See: Influence & Act!
Connect, Create and Contribute
23. Psychological Capital
Expose to and Embrace Diversity
Inalienable Rights: All men are created
equal…Build your strength, know your weakness
Anyone who still thinks the sky is the
limit has no imagination (Franklin P. Jones)
– Confidence, Hope
Optimism: Develop “Can Do” Attitude
Resilience: Capacity to “Bounce Back” –
Don’t (Easily) Crack!
Openness to different ideas, and
willingness to work across time,
distance, and cultures
24. Check Opportunity Matrix
LCG Leverage
Diversity:
Under-Representation
Global Online
Professional Competency
and Integrity
Global
Workforce
Global
Entrepreneurs