SlideShare a Scribd company logo
1 of 2
Download to read offline
Voices
Opinions are the elixir of debate. In Voices, matters
topical and controversial are aired and tested.
Farid Muna argues that if
companies fail to hire and develop
multicultural leaders,they will
be unable to build a sustainable
global competitive advantage.
In today’s
turbulent,
global economic
environment,
companies
can succeed
only if they
become more
multicultural
both in
their business practices and
in their choice of leaders. But
what are the characteristics of a
successful multicultural leader?
To answer that question, my
co-author Ziad Zennie and I did
extensive field research in a dozen
countries in the Middle East.The
findings showed that multicultural
leaders are cosmopolitan and
worldly, they have acquired the
cultural sensitivity necessary
to bridge cultures (even when
working within the same country)
and are able to conduct business
effectively across national borders.
Unfortunately, however, such
multicultural leaders are in short
supply. As a result, many companies
are handicapped not only by a lack
of diverse and multicultural senior
management at their home offices, but
they send executives overseas who,
while they have the right technical and
FaridMuna
Cultivating
multicultural
leaders
core business competencies needed
to manage projects or business units
while working in their home country,
turn out to lack the cross-cultural skills
needed to conduct business effectively
with other cultures and nations.
The right people
Companies that want to hire and
develop people who will become
great multicultural leaders need
to understand how to select, hire
and develop such people.
Our research, described in
Developing Multicultural Leaders, shows
that most outstanding multicultural
leaders go through three distinct
stages of development. At first they
can be described as potential leaders,
people who have acquired some or all
of the early ingredients for leadership
success starting from childhood.
These people then become aspiring
leaders, those who during their
careers have taken some or all of the
A person being assessed
for a leadership position
invariably wears a mask
(or several masks) when
being interviewed.
Scott McNealy: problems beyond high resolve
REVIEW
90 BUSINESS STRATEGY REVIEW ISSUE 2– 2011
paths that are part of the journey to
success. After a time, some of them
develop into outstanding leaders.
Potential leaders acquired some or
all of the following five ingredients
for leadership success during their
childhood, adolescence, educational
years and very early in their careers:
–	 Self-development They exhibit
an insatiable thirst and
hunger for more knowledge
and self-improvement.
–	 Taking responsibility They have
assumed responsibility early in life
(from childhood to their early 20s).
–	 Ethics and values They have
learned (from early in their
lives) to believe in integrity,
honesty, hard work, respect for
time and social responsibility.
–	 High-quality educationThey have
strong analytical skills and are
creative thinkers; they also have
strong social, team and leadership
skills, which are learned mainly
through extra-curricular activities.
–	 Exposure and role modelsThey
are open to learning from others,
from experience, from other
cultures and from role models.
To vastly improve their hiring of
multicultural managers, organisations
should select only those who have
at least two or three of the above
ingredients — in addition to other core
business competencies gained through
education and work experience.
Aspiring leaders also need special
development; the key is to look for
individuals who work hard, smart
and focused; implement training and
career development plans; engage in
self-development activities; develop
cultural sensitivity; have sharpened
emotional intelligence; and learn
from experience and adversity.
These are the paths to outstanding
leadership identified by our research.
Outstanding leaders are special.
When it comes to finding these more
experienced leaders (either from
the author
Farid A. Muna
faridmuna@gmail.com
Muna holds a PhD from London
Business School and is Chairman
of Meirc Training  Consulting.
His latest book, co-authored with
Ziad A Zennie, is Developing
Multicultural Leaders: The
Journey to Leadership Success
(Palgrave Macmillan, 2011).
within or outside the organisation), it is
important to look for those who have
already shown potential for growth
and more responsibility. Here again,
when seeking candidates for such
positions, interviewers must cover each
of the five early ingredients, but the
task is much more difficult because,
although these leaders have had
years of experience, past behaviour
is not always a significant indicator
of future success for three reasons:
–	 It is difficult to measure
competencies and leadership
potential. As a result, candidates
for leadership positions must
be asked probing questions
about actual (not hypothetical)
accomplishments, behaviour and
situations. In addition, references
(other than those supplied by the
candidate) need to be pursued.
–	 Strengths and weaknesses in one
context may not be the same
in a different context, culture
or situation. (For example,
Scott McNealy’s high-minded
resolve became obstinacy
at Sun Microsystems.)
–	 A person being assessed for a
leadership position invariably
wears a mask (or several masks)
when being interviewed.The task
of the interviewer is to discover
what that mask may be hiding.
In brief, I have found that early
life experiences, exposure to other
cultures, and a strong desire to learn
from successes and failures are strong
indicators of future leadership success.
What is critical, however, is that —
once identified and hired — these
future outstanding multicultural
leaders be helped to reach their
full potential through challenging
assignments, mentoring, coaching
and career development plans.These
strategic actions will go a long way
to ensure that companies have the
right multicultural talent pools for
succession planning purposes, and
will help them avoid a “one-size-fits-
all” approach to global strategy.
reuters
91www.london.edu/bsr BUSINESS STRATEGY REVIEW
Voices Farid Muna

More Related Content

What's hot

GTCI Report (Dec 2014) - Chapter
GTCI Report (Dec 2014) - ChapterGTCI Report (Dec 2014) - Chapter
GTCI Report (Dec 2014) - ChapterSunil Puri
 
Mba 592 thesis leadership trends in the 21st century
Mba 592 thesis leadership trends in the 21st centuryMba 592 thesis leadership trends in the 21st century
Mba 592 thesis leadership trends in the 21st centuryStephen G. Enders, MBA
 
Effective Leadership: Leadership Skills and Leadership Qualities Required to ...
Effective Leadership: Leadership Skills and Leadership Qualities Required to ...Effective Leadership: Leadership Skills and Leadership Qualities Required to ...
Effective Leadership: Leadership Skills and Leadership Qualities Required to ...Alana Ritz
 
7 Traits of Today's Global Leaders
7 Traits of Today's Global Leaders7 Traits of Today's Global Leaders
7 Traits of Today's Global LeadersWiley
 
Metja Matlala final ppt IE essay question E
Metja Matlala final ppt IE essay question EMetja Matlala final ppt IE essay question E
Metja Matlala final ppt IE essay question EMetja Hlogi Matlala
 
Leadership for Diversity and Inclusion by Mariver C. Mangulabnan
Leadership for Diversity and Inclusion by Mariver C. MangulabnanLeadership for Diversity and Inclusion by Mariver C. Mangulabnan
Leadership for Diversity and Inclusion by Mariver C. MangulabnanMariver Mangulabnan
 
CEE Global Articles on Leading and Engaging a Multigenerational Workforce
CEE Global Articles on Leading and Engaging a Multigenerational WorkforceCEE Global Articles on Leading and Engaging a Multigenerational Workforce
CEE Global Articles on Leading and Engaging a Multigenerational WorkforceCentre for Executive Education
 
Why three generations will reshape your workplace hudson netherlands
Why three generations will reshape your workplace hudson netherlandsWhy three generations will reshape your workplace hudson netherlands
Why three generations will reshape your workplace hudson netherlandsHudson Netherlands
 
Article: Diversity and Inclusion “D&I” in a Global Business Environment
Article: Diversity and Inclusion “D&I” in a Global Business EnvironmentArticle: Diversity and Inclusion “D&I” in a Global Business Environment
Article: Diversity and Inclusion “D&I” in a Global Business EnvironmentHofstede Insights
 
Educational Administration: Concepts and Practices 6th Edition by Fred C. Lu...
 Educational Administration: Concepts and Practices 6th Edition by Fred C. Lu... Educational Administration: Concepts and Practices 6th Edition by Fred C. Lu...
Educational Administration: Concepts and Practices 6th Edition by Fred C. Lu...zulfiqaralibehan
 
Global Leadership Requires A Global Mindset (Cohen, 2010)
Global Leadership Requires A Global Mindset (Cohen, 2010)Global Leadership Requires A Global Mindset (Cohen, 2010)
Global Leadership Requires A Global Mindset (Cohen, 2010)Jason Tham
 
Trends in leadership competencies for the 21st century
Trends in leadership competencies for the 21st centuryTrends in leadership competencies for the 21st century
Trends in leadership competencies for the 21st centuryRibhu Vashishtha
 
Tomorrow’s Leader (Musings on Nirvana)
Tomorrow’s Leader (Musings on Nirvana)Tomorrow’s Leader (Musings on Nirvana)
Tomorrow’s Leader (Musings on Nirvana)National HRD Network
 
International Human Resources Management - Human Resources in a Comparative ...
International Human Resources Management -  Human Resources in a Comparative ...International Human Resources Management -  Human Resources in a Comparative ...
International Human Resources Management - Human Resources in a Comparative ...National HRD Network
 
collaborative-leadership paper
collaborative-leadership papercollaborative-leadership paper
collaborative-leadership paperPat Sanaghan
 

What's hot (20)

GTCI Report (Dec 2014) - Chapter
GTCI Report (Dec 2014) - ChapterGTCI Report (Dec 2014) - Chapter
GTCI Report (Dec 2014) - Chapter
 
HR Managers Who make a Difference
HR Managers Who make a DifferenceHR Managers Who make a Difference
HR Managers Who make a Difference
 
Mba 592 thesis leadership trends in the 21st century
Mba 592 thesis leadership trends in the 21st centuryMba 592 thesis leadership trends in the 21st century
Mba 592 thesis leadership trends in the 21st century
 
Management and Leadership
Management and LeadershipManagement and Leadership
Management and Leadership
 
Effective Leadership: Leadership Skills and Leadership Qualities Required to ...
Effective Leadership: Leadership Skills and Leadership Qualities Required to ...Effective Leadership: Leadership Skills and Leadership Qualities Required to ...
Effective Leadership: Leadership Skills and Leadership Qualities Required to ...
 
7 Traits of Today's Global Leaders
7 Traits of Today's Global Leaders7 Traits of Today's Global Leaders
7 Traits of Today's Global Leaders
 
Metja Matlala final ppt IE essay question E
Metja Matlala final ppt IE essay question EMetja Matlala final ppt IE essay question E
Metja Matlala final ppt IE essay question E
 
Leadership for Diversity and Inclusion by Mariver C. Mangulabnan
Leadership for Diversity and Inclusion by Mariver C. MangulabnanLeadership for Diversity and Inclusion by Mariver C. Mangulabnan
Leadership for Diversity and Inclusion by Mariver C. Mangulabnan
 
Doedijns30
Doedijns30Doedijns30
Doedijns30
 
CEE Global Articles on Leading and Engaging a Multigenerational Workforce
CEE Global Articles on Leading and Engaging a Multigenerational WorkforceCEE Global Articles on Leading and Engaging a Multigenerational Workforce
CEE Global Articles on Leading and Engaging a Multigenerational Workforce
 
Why three generations will reshape your workplace hudson netherlands
Why three generations will reshape your workplace hudson netherlandsWhy three generations will reshape your workplace hudson netherlands
Why three generations will reshape your workplace hudson netherlands
 
Article: Diversity and Inclusion “D&I” in a Global Business Environment
Article: Diversity and Inclusion “D&I” in a Global Business EnvironmentArticle: Diversity and Inclusion “D&I” in a Global Business Environment
Article: Diversity and Inclusion “D&I” in a Global Business Environment
 
Educational Administration: Concepts and Practices 6th Edition by Fred C. Lu...
 Educational Administration: Concepts and Practices 6th Edition by Fred C. Lu... Educational Administration: Concepts and Practices 6th Edition by Fred C. Lu...
Educational Administration: Concepts and Practices 6th Edition by Fred C. Lu...
 
Global Leadership Requires A Global Mindset (Cohen, 2010)
Global Leadership Requires A Global Mindset (Cohen, 2010)Global Leadership Requires A Global Mindset (Cohen, 2010)
Global Leadership Requires A Global Mindset (Cohen, 2010)
 
Trends in leadership competencies for the 21st century
Trends in leadership competencies for the 21st centuryTrends in leadership competencies for the 21st century
Trends in leadership competencies for the 21st century
 
Tomorrow’s Leader (Musings on Nirvana)
Tomorrow’s Leader (Musings on Nirvana)Tomorrow’s Leader (Musings on Nirvana)
Tomorrow’s Leader (Musings on Nirvana)
 
CONCEPT OF LEADERSHIP
CONCEPT OF LEADERSHIPCONCEPT OF LEADERSHIP
CONCEPT OF LEADERSHIP
 
CORPORATE_PROFILE___USA___Europe new
CORPORATE_PROFILE___USA___Europe newCORPORATE_PROFILE___USA___Europe new
CORPORATE_PROFILE___USA___Europe new
 
International Human Resources Management - Human Resources in a Comparative ...
International Human Resources Management -  Human Resources in a Comparative ...International Human Resources Management -  Human Resources in a Comparative ...
International Human Resources Management - Human Resources in a Comparative ...
 
collaborative-leadership paper
collaborative-leadership papercollaborative-leadership paper
collaborative-leadership paper
 

Similar to Cultivating Multicultural Leaders by BSR

Millennial Project White Paper
Millennial Project White PaperMillennial Project White Paper
Millennial Project White PaperCarol Heady
 
The work of HR part two the flow ofinformation and work.docx
The work of HR part two the flow ofinformation and work.docxThe work of HR part two the flow ofinformation and work.docx
The work of HR part two the flow ofinformation and work.docxchristalgrieg
 
Leading Millenniums to Leadership Greatness
Leading Millenniums to Leadership GreatnessLeading Millenniums to Leadership Greatness
Leading Millenniums to Leadership GreatnessRoshan Thiran
 
Leadership skills, values & entrepreneurial skills
Leadership skills, values & entrepreneurial skillsLeadership skills, values & entrepreneurial skills
Leadership skills, values & entrepreneurial skillsAlaka Olushola
 
Closing the Gaps in Leadership Development
Closing the Gaps in Leadership DevelopmentClosing the Gaps in Leadership Development
Closing the Gaps in Leadership DevelopmentKip Michael Kelly
 
The misplaced emphasis in the sustenance of indigenous entrepreneursidp in ni...
The misplaced emphasis in the sustenance of indigenous entrepreneursidp in ni...The misplaced emphasis in the sustenance of indigenous entrepreneursidp in ni...
The misplaced emphasis in the sustenance of indigenous entrepreneursidp in ni...Alexander Decker
 
Shell Shipping Conference
Shell Shipping ConferenceShell Shipping Conference
Shell Shipping ConferenceRoshan Thiran
 
Building a team can be a difficult task. As a leader, the choices .docx
Building a team can be a difficult task. As a leader, the choices .docxBuilding a team can be a difficult task. As a leader, the choices .docx
Building a team can be a difficult task. As a leader, the choices .docxhartrobert670
 
The signature of effective leadership
The signature of effective leadershipThe signature of effective leadership
The signature of effective leadershipAlexander Decker
 
WMFDP white paper-2018
WMFDP white paper-2018WMFDP white paper-2018
WMFDP white paper-2018Henry Moreno
 
Review: Leadership Frameworks
Review: Leadership FrameworksReview: Leadership Frameworks
Review: Leadership FrameworksMariam Nazarudin
 
Coaching Sig Coaching Leaders For Tomorrow 6.7.10
Coaching Sig Coaching Leaders For Tomorrow 6.7.10Coaching Sig Coaching Leaders For Tomorrow 6.7.10
Coaching Sig Coaching Leaders For Tomorrow 6.7.10jab617
 
Building capability for future growth
Building capability for future growthBuilding capability for future growth
Building capability for future growthrohtashmal
 
Developing Leadership and Talent for Organizational Performance
Developing Leadership and Talent for Organizational PerformanceDeveloping Leadership and Talent for Organizational Performance
Developing Leadership and Talent for Organizational PerformanceMelinda Irene Netto
 
5 Keys to Social Leadership Development - Webinar 08.28.14
5 Keys to Social Leadership Development - Webinar 08.28.145 Keys to Social Leadership Development - Webinar 08.28.14
5 Keys to Social Leadership Development - Webinar 08.28.14BizLibrary
 
Big Dutchman MDP Presentation Slides - Becoming the Best in the World
Big Dutchman MDP Presentation Slides - Becoming the Best in the WorldBig Dutchman MDP Presentation Slides - Becoming the Best in the World
Big Dutchman MDP Presentation Slides - Becoming the Best in the WorldRoshan Thiran
 
Glocalised Leadership
Glocalised LeadershipGlocalised Leadership
Glocalised LeadershipReetu Raina
 
Leadership FormulationFormulating Leader.docx
Leadership FormulationFormulating Leader.docxLeadership FormulationFormulating Leader.docx
Leadership FormulationFormulating Leader.docxsmile790243
 

Similar to Cultivating Multicultural Leaders by BSR (20)

Millennial Project White Paper
Millennial Project White PaperMillennial Project White Paper
Millennial Project White Paper
 
The work of HR part two the flow ofinformation and work.docx
The work of HR part two the flow ofinformation and work.docxThe work of HR part two the flow ofinformation and work.docx
The work of HR part two the flow ofinformation and work.docx
 
Leading Millenniums to Leadership Greatness
Leading Millenniums to Leadership GreatnessLeading Millenniums to Leadership Greatness
Leading Millenniums to Leadership Greatness
 
Leadership skills, values & entrepreneurial skills
Leadership skills, values & entrepreneurial skillsLeadership skills, values & entrepreneurial skills
Leadership skills, values & entrepreneurial skills
 
Essays About Leadership
Essays About LeadershipEssays About Leadership
Essays About Leadership
 
Closing the Gaps in Leadership Development
Closing the Gaps in Leadership DevelopmentClosing the Gaps in Leadership Development
Closing the Gaps in Leadership Development
 
The misplaced emphasis in the sustenance of indigenous entrepreneursidp in ni...
The misplaced emphasis in the sustenance of indigenous entrepreneursidp in ni...The misplaced emphasis in the sustenance of indigenous entrepreneursidp in ni...
The misplaced emphasis in the sustenance of indigenous entrepreneursidp in ni...
 
Shell Shipping Conference
Shell Shipping ConferenceShell Shipping Conference
Shell Shipping Conference
 
Leadership from Beyond the FE Sector - AoC pipeline
Leadership from Beyond the FE Sector - AoC pipelineLeadership from Beyond the FE Sector - AoC pipeline
Leadership from Beyond the FE Sector - AoC pipeline
 
Building a team can be a difficult task. As a leader, the choices .docx
Building a team can be a difficult task. As a leader, the choices .docxBuilding a team can be a difficult task. As a leader, the choices .docx
Building a team can be a difficult task. As a leader, the choices .docx
 
The signature of effective leadership
The signature of effective leadershipThe signature of effective leadership
The signature of effective leadership
 
WMFDP white paper-2018
WMFDP white paper-2018WMFDP white paper-2018
WMFDP white paper-2018
 
Review: Leadership Frameworks
Review: Leadership FrameworksReview: Leadership Frameworks
Review: Leadership Frameworks
 
Coaching Sig Coaching Leaders For Tomorrow 6.7.10
Coaching Sig Coaching Leaders For Tomorrow 6.7.10Coaching Sig Coaching Leaders For Tomorrow 6.7.10
Coaching Sig Coaching Leaders For Tomorrow 6.7.10
 
Building capability for future growth
Building capability for future growthBuilding capability for future growth
Building capability for future growth
 
Developing Leadership and Talent for Organizational Performance
Developing Leadership and Talent for Organizational PerformanceDeveloping Leadership and Talent for Organizational Performance
Developing Leadership and Talent for Organizational Performance
 
5 Keys to Social Leadership Development - Webinar 08.28.14
5 Keys to Social Leadership Development - Webinar 08.28.145 Keys to Social Leadership Development - Webinar 08.28.14
5 Keys to Social Leadership Development - Webinar 08.28.14
 
Big Dutchman MDP Presentation Slides - Becoming the Best in the World
Big Dutchman MDP Presentation Slides - Becoming the Best in the WorldBig Dutchman MDP Presentation Slides - Becoming the Best in the World
Big Dutchman MDP Presentation Slides - Becoming the Best in the World
 
Glocalised Leadership
Glocalised LeadershipGlocalised Leadership
Glocalised Leadership
 
Leadership FormulationFormulating Leader.docx
Leadership FormulationFormulating Leader.docxLeadership FormulationFormulating Leader.docx
Leadership FormulationFormulating Leader.docx
 

More from London Business School

Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyondKuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyondLondon Business School
 
Active vs. passive – practitioner perspectives
Active vs. passive – practitioner perspectivesActive vs. passive – practitioner perspectives
Active vs. passive – practitioner perspectivesLondon Business School
 
Partners Capital View of the Future of Private Equity Investing
Partners Capital View of the Future of Private Equity InvestingPartners Capital View of the Future of Private Equity Investing
Partners Capital View of the Future of Private Equity InvestingLondon Business School
 
Sharpening the Arithmetic of Active Management
Sharpening the Arithmetic of Active ManagementSharpening the Arithmetic of Active Management
Sharpening the Arithmetic of Active ManagementLondon Business School
 
The ten commandments of business innovation | London Business School
The ten commandments of business innovation | London Business SchoolThe ten commandments of business innovation | London Business School
The ten commandments of business innovation | London Business SchoolLondon Business School
 
Soren Jensen and London Business School - Driving organisational change
Soren Jensen and London Business School - Driving organisational changeSoren Jensen and London Business School - Driving organisational change
Soren Jensen and London Business School - Driving organisational changeLondon Business School
 
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...London Business School
 
Smurfit Kappa and London Business School
Smurfit Kappa and London Business SchoolSmurfit Kappa and London Business School
Smurfit Kappa and London Business SchoolLondon Business School
 
Systemic Risk in the Asset Management Industry
Systemic Risk in the Asset Management IndustrySystemic Risk in the Asset Management Industry
Systemic Risk in the Asset Management IndustryLondon Business School
 
Myths and Realities of ETFs and Index Investing
Myths and Realities of ETFs and Index InvestingMyths and Realities of ETFs and Index Investing
Myths and Realities of ETFs and Index InvestingLondon Business School
 
5 top reads on human potential | London Business School
5 top reads on human potential | London Business School5 top reads on human potential | London Business School
5 top reads on human potential | London Business SchoolLondon Business School
 
AQR Systematic Investing in Credit Markets
AQR Systematic Investing in Credit MarketsAQR Systematic Investing in Credit Markets
AQR Systematic Investing in Credit MarketsLondon Business School
 

More from London Business School (20)

Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyondKuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
Kuwait Petroleum Corporation: Transforming leadership for 2030 and beyond
 
Microsoft and London Business School
 Microsoft and London Business School Microsoft and London Business School
Microsoft and London Business School
 
Active vs. passive – practitioner perspectives
Active vs. passive – practitioner perspectivesActive vs. passive – practitioner perspectives
Active vs. passive – practitioner perspectives
 
Portfolio Construction Today
Portfolio Construction TodayPortfolio Construction Today
Portfolio Construction Today
 
Partners Capital View of the Future of Private Equity Investing
Partners Capital View of the Future of Private Equity InvestingPartners Capital View of the Future of Private Equity Investing
Partners Capital View of the Future of Private Equity Investing
 
Risk taking the ATP way
Risk taking the ATP wayRisk taking the ATP way
Risk taking the ATP way
 
Is factor investing a bubble?
Is factor investing a bubble?Is factor investing a bubble?
Is factor investing a bubble?
 
Sharpening the Arithmetic of Active Management
Sharpening the Arithmetic of Active ManagementSharpening the Arithmetic of Active Management
Sharpening the Arithmetic of Active Management
 
Money management in equilibrium
Money management in equilibrium Money management in equilibrium
Money management in equilibrium
 
The ten commandments of business innovation | London Business School
The ten commandments of business innovation | London Business SchoolThe ten commandments of business innovation | London Business School
The ten commandments of business innovation | London Business School
 
Soren Jensen and London Business School - Driving organisational change
Soren Jensen and London Business School - Driving organisational changeSoren Jensen and London Business School - Driving organisational change
Soren Jensen and London Business School - Driving organisational change
 
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
Corporate Governance Through Voice and Exit: Evidence from Standard Life Inve...
 
Telenor and London Business School
Telenor and London Business SchoolTelenor and London Business School
Telenor and London Business School
 
Smurfit Kappa and London Business School
Smurfit Kappa and London Business SchoolSmurfit Kappa and London Business School
Smurfit Kappa and London Business School
 
Systemic Risk in the Asset Management Industry
Systemic Risk in the Asset Management IndustrySystemic Risk in the Asset Management Industry
Systemic Risk in the Asset Management Industry
 
Myths and Realities of ETFs and Index Investing
Myths and Realities of ETFs and Index InvestingMyths and Realities of ETFs and Index Investing
Myths and Realities of ETFs and Index Investing
 
Systemic Risk in Asset Management
Systemic Risk in Asset Management Systemic Risk in Asset Management
Systemic Risk in Asset Management
 
Nordea and London Business School
Nordea and London Business School Nordea and London Business School
Nordea and London Business School
 
5 top reads on human potential | London Business School
5 top reads on human potential | London Business School5 top reads on human potential | London Business School
5 top reads on human potential | London Business School
 
AQR Systematic Investing in Credit Markets
AQR Systematic Investing in Credit MarketsAQR Systematic Investing in Credit Markets
AQR Systematic Investing in Credit Markets
 

Recently uploaded

Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
PB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal BrandPB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal BrandSharisaBethune
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxsaniyaimamuddin
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditNhtLNguyn9
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCRalexsharmaa01
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 

Recently uploaded (20)

Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
PB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal BrandPB Project 1: Exploring Your Personal Brand
PB Project 1: Exploring Your Personal Brand
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal audit
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 

Cultivating Multicultural Leaders by BSR

  • 1. Voices Opinions are the elixir of debate. In Voices, matters topical and controversial are aired and tested. Farid Muna argues that if companies fail to hire and develop multicultural leaders,they will be unable to build a sustainable global competitive advantage. In today’s turbulent, global economic environment, companies can succeed only if they become more multicultural both in their business practices and in their choice of leaders. But what are the characteristics of a successful multicultural leader? To answer that question, my co-author Ziad Zennie and I did extensive field research in a dozen countries in the Middle East.The findings showed that multicultural leaders are cosmopolitan and worldly, they have acquired the cultural sensitivity necessary to bridge cultures (even when working within the same country) and are able to conduct business effectively across national borders. Unfortunately, however, such multicultural leaders are in short supply. As a result, many companies are handicapped not only by a lack of diverse and multicultural senior management at their home offices, but they send executives overseas who, while they have the right technical and FaridMuna Cultivating multicultural leaders core business competencies needed to manage projects or business units while working in their home country, turn out to lack the cross-cultural skills needed to conduct business effectively with other cultures and nations. The right people Companies that want to hire and develop people who will become great multicultural leaders need to understand how to select, hire and develop such people. Our research, described in Developing Multicultural Leaders, shows that most outstanding multicultural leaders go through three distinct stages of development. At first they can be described as potential leaders, people who have acquired some or all of the early ingredients for leadership success starting from childhood. These people then become aspiring leaders, those who during their careers have taken some or all of the A person being assessed for a leadership position invariably wears a mask (or several masks) when being interviewed. Scott McNealy: problems beyond high resolve REVIEW 90 BUSINESS STRATEGY REVIEW ISSUE 2– 2011
  • 2. paths that are part of the journey to success. After a time, some of them develop into outstanding leaders. Potential leaders acquired some or all of the following five ingredients for leadership success during their childhood, adolescence, educational years and very early in their careers: – Self-development They exhibit an insatiable thirst and hunger for more knowledge and self-improvement. – Taking responsibility They have assumed responsibility early in life (from childhood to their early 20s). – Ethics and values They have learned (from early in their lives) to believe in integrity, honesty, hard work, respect for time and social responsibility. – High-quality educationThey have strong analytical skills and are creative thinkers; they also have strong social, team and leadership skills, which are learned mainly through extra-curricular activities. – Exposure and role modelsThey are open to learning from others, from experience, from other cultures and from role models. To vastly improve their hiring of multicultural managers, organisations should select only those who have at least two or three of the above ingredients — in addition to other core business competencies gained through education and work experience. Aspiring leaders also need special development; the key is to look for individuals who work hard, smart and focused; implement training and career development plans; engage in self-development activities; develop cultural sensitivity; have sharpened emotional intelligence; and learn from experience and adversity. These are the paths to outstanding leadership identified by our research. Outstanding leaders are special. When it comes to finding these more experienced leaders (either from the author Farid A. Muna faridmuna@gmail.com Muna holds a PhD from London Business School and is Chairman of Meirc Training Consulting. His latest book, co-authored with Ziad A Zennie, is Developing Multicultural Leaders: The Journey to Leadership Success (Palgrave Macmillan, 2011). within or outside the organisation), it is important to look for those who have already shown potential for growth and more responsibility. Here again, when seeking candidates for such positions, interviewers must cover each of the five early ingredients, but the task is much more difficult because, although these leaders have had years of experience, past behaviour is not always a significant indicator of future success for three reasons: – It is difficult to measure competencies and leadership potential. As a result, candidates for leadership positions must be asked probing questions about actual (not hypothetical) accomplishments, behaviour and situations. In addition, references (other than those supplied by the candidate) need to be pursued. – Strengths and weaknesses in one context may not be the same in a different context, culture or situation. (For example, Scott McNealy’s high-minded resolve became obstinacy at Sun Microsystems.) – A person being assessed for a leadership position invariably wears a mask (or several masks) when being interviewed.The task of the interviewer is to discover what that mask may be hiding. In brief, I have found that early life experiences, exposure to other cultures, and a strong desire to learn from successes and failures are strong indicators of future leadership success. What is critical, however, is that — once identified and hired — these future outstanding multicultural leaders be helped to reach their full potential through challenging assignments, mentoring, coaching and career development plans.These strategic actions will go a long way to ensure that companies have the right multicultural talent pools for succession planning purposes, and will help them avoid a “one-size-fits- all” approach to global strategy. reuters 91www.london.edu/bsr BUSINESS STRATEGY REVIEW Voices Farid Muna