- What are the hot, global trends in business?
- Do you have the SKE’s (skills, knowledge and experience) to compete globally?
- Do you have a high degree of inter-cultural competency? How do you know?
One of the biggest trends in the 21rst century business landscape is the need for more global business executives. Increasingly, the boundaries between countries, cultures and business units are disappearing. However, there is a dearth of North American business professionals with the global skills to compete on this level. This is a hot new specialty and many business professionals are scrambling to attain mastery of inter-cultural competency. One of the first things to consider is language fluency and whether you are ready, willing, able to learn a second language. In many sectors, though English may be used a knowledge of the local language would give you a huge competitive advantage.
Although many International MBA programs prepare students for business, some fail to teach the cultural components for a successful Global Executive. The latest McKinsey Global Survey details these global trends. "According to this Global Survey "Executives around the world see innovation and the free flow of information as the primary drivers of an accelerating pace of change in the global business environment." McKinsey Global Survey
These trends are shaping many American business schools and MBA programs. As an MBA Career Counselor, I've specialized in global career coaching, global HR, and expat country selection. My role is to sensitize and educate MBA's in intercultural communication, global business ettiquette and the rigors of an international, job search. It is not possible to prepare students for any and all global business eventualities, but we can teach students how to prepare for expat assignments. Since several of my MBA cohorts study, live and intern abroad - the global component is doubly important.
In fact, a Global Partners MBA program is singularly unique since students live and work in 4 countries: USA, France, Brazil and China As part of their career support, these students receive a battery of career, personality and inter-cultural tests to determine the best "country-fit." Addionally, a Masters of International Business degree, which also includes a 4 month, global internship as well as study abroad components. The choice of an expat assignment should not be taken lightly. It should be closely researched and matched with the SKE’s of a particular candidate. See my post on Random Expat Country Selection. If you are also considering a globally, focused MBA, ask your potential school what onboarding and expat support is offered. Ask whether they have a dedicated, Career Advisor and if that advisor is multi-lingual and has global experience. Ask whether the program is truly global, will you live/work/study in other countries or is there an option to intern abroad?
Global Business Professionals - how they are assessed by international recruiters?
- The professional component (includes education and work-experience). How is business in your field, different on a local, national or global scale?
- The “international IQ” component, which measures your level of international and intercultural awareness. (stay tuned for my next post on this topic) Are you inter-culturally competent with a high degree of international IQ? Have you lived, worked, studies in multiple countries? Are you multi-lingual?
===================================================Author: © 2010 - All Rights Reserved - Sharon B. Cohen, MA, Counseling Psychology,CPRP.
Licensed Counselor. Career Counselor and Career Transition Specialist.
"Virtual Career Counseling: helping business professionals, reach their career potential!"
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