Multinational organizations experience the need to diversify their managerial talent throughout their organizational hierarchies to achieve what is known as a global mindset - attaining a holistic perspective of how to conduct businesses while recognizing and acting upon the many forces of globalization. Optimal composition of managerial talent exists when multiple perspectives or cultures are included in decision-making processes that allow organizations to compete more effectively. Through this practice some organizations may acquire a competitive advantage over others. By incorporating global talent, organizations have a responsibility to assess current HR policies and practices and build in flexibility to foster a more strategic sense of incorporating talent. This paper discusses ways to leverage diversity by making a case for flexible and strategic global human resource policies and practices.
|Number of pages||17|
|Journal||New Zealand journal of human resources management|
|Publication status||Published - 2017|
- National culture
- cultural distance
- strategic global human resource management
- global mindset