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Epilogue: The Journey continues

Epilogue: The Journey continues. Chapter 12. When I want to understand what is happening today or try to decide what will happen tomorrow, I look back. . -- Omar Khayyám 11 th Century poet, Persia. (p. 405). If we are facing in the right direction, all we have to do is keep walking.

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Epilogue: The Journey continues

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  1. Epilogue: The Journey continues Chapter 12

  2. When I want to understand what is happening today or try to decide what will happen tomorrow, I look back. -- Omar Khayyám11th Century poet, Persia (p. 405)

  3. If we are facing in the right direction, all we have to do is keep walking. -- Siddhārtha Gautama 5th Century B.C.E. founder of Buddhism, India (p. 405)

  4. Opening question: From a managerial standpoint, which of these two observations provides the greatest advice and wisdom? Why?

  5. Topic for today: Epilogue: The journey continues . . . • Learning from the past • Looking to the future

  6. MANAGER’S NOTEBOOK:Lessons: Christopher Columbus Columbus succeeded, not because he was right, but because he was wrong. • Do you agree or disagree with this observation? Why? • What are the implications of this, if any, for global managers?

  7. MANAGER’S NOTEBOOK:Lessons: Mahatma Gandhi We must be the change we wish to see in others. • Do you agree or disagree with this observation? Why? • What are the implications of this, if any, for global managers? .

  8. MANAGER’S NOTEBOOK:Lessons: Seeking short-term success Entrepreneurs and managers alike trying to find a quick fix, a short-term competitive advantage that will allow them to become wealthier than their competitors or colleagues. • Do you agree or disagree with this observation? Why? • To the extent that this observation is correct, what are the long-term implications for the growth and development of global corporations? • What are the long-term implications for local societies around the world?

  9. MANAGER’S NOTEBOOK:Lessons: Chung Ju Yung The difference between winners and losers in a highly competitive business environment is the ability to both prepare for upcoming challenges and opportunities and to recognize such opportunities when they emerge. Preparation and recognition—both are required. • To the extent that this observation is correct, what are the implications for global companies? • What are implications for you personally as a developing global manager?

  10. Think about it: The global management challenge All managers are global managers, and all managers face a multicultural and multinational future. The question is how they will best prepare themselves for this reality.

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