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The Euro Paradigm: Leadership Standards. Global Market Context. Executive Consequence. Strong Work Ethic Linguistic Competency Cultural Sensitivity Leadership Skills People Management Initiative/Risk Taking Tolerance for Ambiguity and Uncertainty, Entrepreneurial Outlook
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The Euro Paradigm: Leadership Standards Global Market Context Executive Consequence Strong Work Ethic Linguistic Competency Cultural Sensitivity Leadership Skills People Management Initiative/Risk Taking Tolerance for Ambiguity and Uncertainty, Entrepreneurial Outlook Polycentric Global Traveler High Ethical Standards Theory Y Leadership • Era of Supremacy : Early 18th - Early 20th Century • State of Travel & Communications: • Primitive: Post, then telegraph, and Steam Only options for movement of goods and data • Transnational Institutional Context: • Absent or by default; Isolationism and Self-Interest Prevail, Prevalent National Conflict; World War Ensue • Scope of Trade Barriers • Extensive; Beggar my neighbor policies • Nature of Innovation • Localized Value Chains • Downstream Focus on Value Creation • Nature of Organization • Decentralized Federation of Differentiated Units • Local autonomy for geographically dispersed operations • Logic of Capitalism • Aristocracy; • Familial Capitalism: Trust Blood, Not Declarations