• ISSN: 2301-3567 (Print)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly (2013-2014); Monthly (2015-2017); Quarterly (Since 2018)
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Mia Hu
    • Abstracting/ Indexing:  Electronic Journals Library, Ulrich's Periodicals Directory, MESLibrary, Google Scholar, and Crossref.
    • E-mail: joebm@ejournal.net
JOEBM 2020 Vol.8(3): 144-150 ISSN: 2301-3567
DOI: 10.18178/joebm.2020.8.3.628

Key Factors Contributing to the Development of the Global Mindset of Managers Using PLS-SEM

Alexander Wollenberg, Juan José Cabrera Lazarini, and Mohammed Reinaldo Rizal
Abstract—The globalization in the contemporary business world has forced managers to adopt global mindsets to stay competitive in global market conditions. Several authors have argued that International experience could act as a driver to unlock the potential of a managerial global mindset orientation. However, prior research mostly focused on the capital perspective while literature surrounding international experience broken down into its components is still inadequate. Therefore, our research attempts to bridge the gap regarding the role of international experience and its components of international education, international assignments, and international training. This research utilizes exploratory factor analysis as the selected methodology and utilizes Partial Least Squares software as the research tool to analyze the data. We found that all construct variables within international experience were highly significant. Moreover, our research concludes that international training and education have a higher contribution towards the development of managers’ global mindsets compared to international education. We researched managers of subsidiaries of European, US, and Australian MNCs in Singapore and Mexico City. In addition to providing a theoretical contribution, our research also contributes relevant findings surrounding the context of global mindset and managerial practices as practical implications.

Index Terms—International assignment, international education, global mindset, strategy, PLS-SEM.

Alexander Wollenberg is with Khalifa University, UAE (e-mail: awollenb@yahoo.com). Juan José Cabrera Lazarini is with the Tecnológico de Monterrey, Mexico. Mohammed Reinaldo Rizal is with Curtin Uniersity, Singapore Campus,. Singapore.

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Cite:Alexander Wollenberg, Juan José Cabrera Lazarini, and Mohammed Reinaldo Rizal, "Key Factors Contributing to the Development of the Global Mindset of Managers Using PLS-SEM," Journal of Economics, Business and Management vol. 8, no. 3, pp. 144-150, 2020.

Copyright © 2020 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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