There are huge transactions and deals being made across the globe today that can, in time, alter a firm’s positioning power or just adversely impact their earning per share for shareholders. Some nations, even third-world nations, are now starting to play a significant part in the delivery of goods and services to world markets.
Certain key corporations are relocating overseas and shifting their business philosophy in sync with staying competitive. With certain of these US company exits, where does the business student fit in, and how is he or she impacted?
How might they impact the national and global business structure in the future?
College graduates in the coming years must try their best to incorporate a number of areas that will be helpful to them as far as becoming successful businesspeople is concerned. Students are not only competing with their worldwide counterparts but also with competition abroad.
It is not merely about a student’s GPA, class rank, GMAT score, institution he has gone to, internships, college business affiliations, or college organizations. These are properly oriented in their position, but it is the adjustment of educating students to address global demands for their organizations or businesses. These skills will be imperative and must not be confined to the lack of any business school’s intellectual thinking process.
They need to be properly diversified in international business activities, domestic culture, social, political, and intercultural relationships towards various cultures to become the movers and shakers of the global business unit. The theories, practicum’s and concepts not only need to be taught in classes, but need to be practiced and students should proactively go for attending seminars, workshops, and more training classes so that they are well-rounded, ready, and settled in the culture where they will be working for or with.
An on-site environment or group of the culture within an environment is a beginning in offering the important work of that culture. Professors and schools are pivotal to the developmental processes for the students to compete on the global level by assisting in giving the tools for global success.
