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Rapid-growth market companies are not confident that their organization has or can build an effective international management team.
Top management teams lack awareness of local cultures and understanding of global markets, according to our survey results.
Without the ability to develop a core of experienced managers and leaders for a newly global workforce, firms based in rapid-growth markets face difficulties ahead as they look to grow beyond their borders. Most respondents are not confident that their organization has an effective international management team and do not feel they can build one.
Less than a third of the respondents polled are strongly confident about their top management teams’ international outlook on decision-making. C-suite executives are even less sure than their line managers - only one in four were confident, compared with one in three of the managers.
