@inbook{47bae5de0ba84c7cba7fc46a8d9dabdb,
title = "Global Mindset: From Strategic Choice to Situational Capability",
abstract = " The concept of Global Mindset (GM) – the way to think about the global reality – is on the agenda of multinational companies concomitant with the increase in global complexity, uncertainty and diversity. In spite of a number of studies, the concept is still fluid and far from a managerial operationalization. The aim of this paper is first to review the conceptualisations of GM and next to propose a revised framework for capturing the essence of the concept. By using a two-dimensional matrix, the concept is, as one extreme, seen as a state-of-mind, which is a management defined and corporate driven way of thinking about the global business reality. The other extreme is a GM as an organizational capability and process with a GM in a continuous state of becoming – and thus in a continuously alignment with a dynamic context. In addition, we argue for what we call “situational capabilities”, i.e. the capability to sense (quickly), reflect (constructively) and act purposefully (for mutual benefit). A case on an MNC is used at the end to show the organizational manifestations of a GM.",
keywords = "global mindset; global strategy; situational capability; global mindset case;",
author = "S{\o}rensen, {Olav Jull}",
year = "2016",
month = jun,
language = "English",
isbn = "978-1-13883-177-3",
series = "Routledge Studies in International Business and the World Economy",
pages = "62--88",
editor = "John Kuada",
booktitle = "Global Mindsets",
publisher = "Routledge",
address = "United Kingdom",
}