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Building Global Mindsets: An Attention-Based Perspective PDF

181 Pages·2005·1.576 MB·English
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Building Global Mindsets Building Global Mindsets This page intentionally left blank Building Global Mindsets An Attention-Based Perspective Cyril Bouquet © Cyril Bouquet 2005 Softcover reprint of the hardcover 1st edition 2005 978-1-4039-4648-5 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1T 4LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted his right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2005 by PALGRAVE MACMILLAN Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N. Y. 10010 Companies and representatives throughout the world PALGRAVE MACMILLAN is the global academic imprint of the Palgrave Macmillan division of St. Martin’s Press, LLC and of Palgrave Macmillan Ltd. Macmillan®is a registered trademark in the United States, United Kingdom and other countries. Palgrave is a registered trademark in the European Union and other countries. ISBN 978-1-349-52361-0 ISBN 978-0-230-52255-8 (eBook) DOI 10.1057/9780230522558 This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. A catalogue record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data Bouquet, Cyril. Building global mindsets : an attention-based perspective / Cyril Bouquet. p. cm. Includes bibliographical references and index. ISBN 978-1-349-52361-0 1. International business enterprises–Management. 2. Attention– Economic aspects. 3. Selectivity (Psychology) 4. Cosmopolitanism. 5. Corporate culture. I. Title: Global mindsets : an attention-based perspective. II. Title. HD62.4.B68 2005 658′. 049–dc22 2004059164 10 9 8 7 6 5 4 3 2 1 14 13 12 11 10 09 08 07 06 05 This book is dedicated to my grandmother This page intentionally left blank Contents List of Tables ix List of Figures xi Preface xiii Foreword xix Chapter 1 A New Perspective on Global Mindsets 1 1.1 What is this book about? 3 1.2 Global mindsets: what do we know? 5 1.3 A new conceptualization of the phenomenon 10 1.4 Expected contributions 11 1.5 Road map for the reader 12 Chapter2 A Review of Attention Theories 15 2.1 What is attention? 16 2.2 Economics of attention 21 2.3 The regulation of attention in organizations 23 2.4 Summary 25 Chapter 3 Grounded Theory Development 27 3.1 Qualitative interviews 27 3.2 Clarifying the domain of international attention 42 3.3 Theory development 50 3.4 Summary 61 Chapter 4 Methodology for the Quantitative 63 Research 4.1 Sample selection process 63 4.2 Measurement 65 Chapter 5 Results 75 5.1 Hypothesis testing 75 5.2 Post-test interview results and discussion 89 vii viii Contents Chapter 6 Interpretation and Extensions 101 6.1 Summary interpretation of the research findings 101 6.2 Conceptualizing the MNE as a matrix of inter- 113 connected minds 6.3 Global mindset and the concept of geographic 114 competency 6.4 Alternate globalization strategies for MNEs 117 6.5 Concluding remarks 124 Chapter 7 Conclusions and Limitations 125 7.1 Reconciliation with the prior literature on global 125 mindset 7.2 Implications for attention theory 129 7.3 Measurement limitations 132 7.4 Role of international experience at the top 134 7.5 Direction of causality 134 7.6 Sample bias 135 7.7 Levels of analysis 136 7.8 Static assessments of MNE practices 137 7.9 A universal model of global mindset 138 Appendix A: Overview of the Research Methodology 139 Appendix B: Validity Checks 141 Appendix C: Profiles of Key Attention Behavior Variables 145 References 149 List of Tables Table 1-1 Skills and Capabilities that CEOs Believe They 4 Need to Improve Table 1-2 Prior Research on Global Mindset 7 Table 3-1 Exploratory Study Companies and Interviews 28 Table 3-2 Interview Questions 30 Table 3-3 Things that Keep MNE Top Executives “Awake 32 at Night” Table 3-4 What Do You Think of When You Think of 36 Globalization? Table 3-5 What Does It Take to Achieve Global Effectiveness? 40 Table 3-6 Leadership Development Activities 55 Table 4-1 Correlations Between Attention Variables 67 Table 4-2 Exploratory Factor Analysis 69 Table 4-3 Correlations Between Attention Structures 71 Variables Table 4-4 Industry and Risk Adjusted Performance 73 Indicators Table 5-1 OLS Regression: Predicting Attention to 77 International Issues Table 5-2 Partial Correlations Coefficients 78 Table 5-3 GLM Multivariate: International Attention 80 Table 5-4 OLS Regression: Content of 81 Attention Structures Table 5-5 GLM Regression: Content of 82 Attention Structures Table 5-6 OLS Regression: Mediating Effect 83 Table 5-7 OLS Regression: Firm Performance 85 Table 5-8 OLS Regression: Firm Effectiveness 88 Table 5-9 Respondents in Post-Test Interviews 89 Table 6-1 Characteristics of Archetype Types 120 Table 6-2 Performance Differences Across Activity- 123 Attention Dimensions Table 6-3 Performance Differences Across Strategic 123 Archetypes ix

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