BU491 Lecture 21: Review Notes
Document Summary
What are the 6 key collaborative competencies for leaders: enterprise perspective understanding of the overall business strategy, cross functional perspective understand needs and metrics, customer perspective make decisions that benefit the customer, self management exhibit self control when challeneged, listen with respect listen objectively, matrix influencing excel at communicating with different stakeholders. What are the 5 shifts that are emanating from the developing world: a growing divide reduced dependence on international trade between developed and developing, return of family style leaders big companie ran by families, reversal in m&a acquire smaller businesses, higher stakes in sustainability develop eco friendly products, call of africa. R&d center (companies that are international or global: local for local innovation relies on subsidiary based knowledge (multinational, locally leveraged innovation capabilities of each subsidiary are available to all mne units (transnational, globally linked innovation pools resources of many different units to solve problems jointly.