Learning to Appreciate the Commonalities As Well As the Differences

As the business world is growing more global, recognizing cultural differences and values is an ever-important skill. For Principal Advisor for Strategy and Corporate Affairs at IDB Invest, Alejandro Prada, not only celebrating our differences, but also recognizing what we have in common, is what truly fosters respect and open-mindedness and is the key to developing a global mindset. “Be mindful that there isn’t just one subset of cultural value, so that means being cognizant of differences.

Developing a Global Mindset as a Requirement to Work Effectively

Working in international markets means seeking opportunities outside of familiar markets, and that requires engaging with people from different regions and cultures. For Mikael Baker, senior information and communications technology (ICT) advisor at the U.S. Agency for International Development (USAID), developing a global mindset is key to working effectively in these markets. “In international development, like many fields, it’s important to be able to effectively work with people from different cultures.

Alumna Confronts Economic Disparity

After a career spanning more than two decades leading development initiatives, Margo Thomas, MS ’90, has only one goal on her mind – conquering economic gender disparity around the world.  Thomas, founder and president of the Women’s Economic Imperative, is focused on creating initiatives that promote economic opportunities to empower women and underrepresented groups around the world.

Growing through Open-Mindedness

Working for a global company requires growth and an openness to learn. For Rachel Yamrus, vice president at JPMorgan Chase & Co. (JPMC), finding success in a global environment means “you are aware of your perspective but trying to grow through opening yourself up to others’ perspectives and negotiating within this space.”

Building a Relationship of Equals

For Amazon Web Services (AWS) global program manager, Vandy Gyandhar, a global mindset is more than traveling around the world or working for an international company. It is about being able to build relationships of understanding and respect no matter where you are in the world. “I've lived in and grew up in multiple countries. I am a global program manager. I work on projects that span across the globe. I am in India right now and I have a call in an hour with team members in Australia, Ireland, the US and Sweden. So I thought I have a global mindset.

Advocating for Others from a Global Perspective

Intercultural empathy is the ability to perceive the world as it is perceived by a culture different from your own. For Ansa Edim, MBA '16, vice president and staff board chair at Change.org, a global mindset is just that. “A global mindset means having an understanding of a shared narrative around the world so that we have an understanding of the struggles of other people and empathy. At Change.org, we're dealing with people who don't typically have a voice and we are giving them space to have that voice. So that requires some empathy to their plight,” Edim says.

Changing Perceptions in the Global Economy

Perception is how we view, understand, and interpret the things around us. For international trade specialist, Ja’Nel Edens, a global mindset starts with changing your perception and thinking of yourself not just as a citizen of your nation, but as a global citizen. She states, “We must recognize that we are all interconnected in some way. We share similarities with other cultures outside of our own country and we are part of one big world, even though we are separated by waters.”

The risks of entering foreign markets are outweighed by the opportunities. Learn about how to make strategic decisions about market choices and entry strategies in this 30-minute webinar.

Host and Moderator:

  • Rebecca L. Bellinger, Executive Director, Center for Global Business, Robert H. Smith School of Business

Speakers:

  • Paulo Prochno, Assistant Dean and Clinical Professor, Maryland Smith
  • Phil Grove, Chair, MD-DC District Export Council, International Sales Manager, Ellicott Dredges

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Join the Center for Global Business for its annual Distinguished Speakers Series in International Business event during International Education Week on “Global Competencies for the 21st Century Workplace.” Smith School alumni will discuss the importance of a global mindset in today’s business environment.

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Entering a foreign market might seem full of unknowns. Learn from an expert and experienced exporter about how to identify the risks you might encounter and how to mitigate them with tools, strategies, and good practices during this 30-minute webinar.

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