Introduction:
The starting point in any analysis must be the reality of business as it is practiced. The most glaring business reality of today is the global scope of business and of managerial work. In today’s challenging business world, global organizations are constantly facing acute staffing problems (a perfect fit between the executive and the job responsibilities). With ramping scale of operations and globalization, developing the right skills and talents of executives it is of utmost importance for the companies. The challenge for companies is to determine which particular capabilities are of greatest value in their particular industry and situation. This article basically highlights the importance of experience over knowledge. Though the developmental process of a domestic executive is same as the global executive, but the lessons learnt are different. Globalization of business not only means cross –borders it also implies cross-cultural. The implications of the executive development process try and incorporate the various cross- cultural experiences and lessons learned, that are usually ignored or not paid attention to.
Assessment:
In the present article the author reflects on the issues of developing a global executive. The author points out that, the article is to “stimulate thinking and discussion on the topic of what does it take to succeed as an executive in the global business world characterized by accelerating competition, dynamic environments and ever demanding customers and stakeholders”
In my group I was assigned 5th and 6th page of this article. So I have covered these 2 pages in depth. In this article a model [US domestic perspective (Mccall 1998)] has been taken as a base to start understand global talent d ...