Leadership Skills for Global Expansion: A Guide for Business Executives

This is a guest post, by Sam Cortez. She is a freelance journalist and has held previous internships at 20/20 magazine, Marie Claire, the NY Daily News, and Parenting magazine.

Globalization is an exciting strategy that can significantly improve a company’s revenue and brand reputation. It, however, does not come without challenges.

While the company’s structure readjusts to accommodate the new market, its leadership is also required to navigate the new globalized business landscape efficiently.

Since business executives are the primary decision-makers in their organizations, it is recommended that they are equipped with the necessary leadership skills before commencing an international expansion.

What are leadership skills for global expansion?

Most leaders have their education and work experiences in the same country, which means they are more familiar with their home country’s culture and business operations than other nations across the globe.

Meanwhile, companies with a global presence will likely have more than one headquarters. Managing these various offices, along with the cultural diversities, requires a flexible mindset.

Leadership skills for global expansion are a set of soft skills business executives must acquire to effectively handle business operations in countries other than their home countries. They help to manage growth and tackle challenges in the new market.

Below are the skills you need to succeed as a leader of a multinational company:

Strong cross-cultural communication skills

Any leadership role in a multinational company will require working in a diverse workplace with people from different countries and cultures. It is also possible that some people you will be working with speak a foreign language. 

Meanwhile, research states that meaning may get lost in the translation process. This may reduce the effectiveness of information communicated about the market. 

Since it might be tough to learn and instantly understand a new language, using accurate translation services can help. This allows effective communication with workers and customers in other countries where your firm operates.

Excellent networking abilities

Acquiring networking skills is vital for people looking to work in an international business. Landing a new job is no different from taking a new product to market, except that, in this case, the product you are selling is yourself. 

According to experts, over 70 percent of job opportunities are not published; they are landed through networking. 

This skill makes it easier for existing leaders to acclimatize to the new work environment. Networking can offer invaluable insights into the new market beyond what any market research report can indicate.

Effective collaboration

Success in international business requires effective collaboration. The leaders across departments and countries must be able to collaborate. The company must also be able to collaborate with partners in the new market.

It requires the willingness to learn new things and accept others’ views on solutions. As a leader from another culture, you may need to rely heavily on others who understand the new market. This does not mean you are incompetent. It means placing the company’s interest above your ego.

Interpersonal influence

Every leader, irrespective of the size or complexity of the team they oversee, must be able to influence others. 

This skill is even more important for business executives as they might be in charge of pitching to secure funds or present the company’s goal for a new expansion. You need to know what you are doing before influencing others to come on board.

Workers are best productive when they understand the company’s goals and what they can contribute to achieve them.

Interpersonal influence is a result of good professional relationships, which is only achieved when you can command the respect of your team members. People value leaders that treat every member equally. 

Emotional intelligence

Emotional intelligence (also known as EQ) is the ability to understand and manage your own emotions. Emotionally intelligent people can also accurately interpret and influence others’ emotions. 

Many modern businesses value EQ above IQ. Over 70 percent of employers believe employees with high EQ are more likely to stay calm under pressure and manage co-workers with empathy.

There are four competencies you will need to improve your EQ:

  • Self-awareness
    Ancient Greek Philosopher, Socrates, advised, “Know thyself.” Self-awareness is the ability to understand your strength and weaknesses. It also requires you to understand the impact of your emotions and strategic decisions on your team’s performance.
  • Self-management
    Emotions are easier to manage when there are no challenges. Self-management, however, is the ability to be able to keep your emotions in check even when there are challenges that seem insurmountable. As a leader, you are the light of your team; your emotion and body language significantly influence their actions during a hard time. 
  • Social awareness
    Social awareness is the ability to quickly grasp the emotions and dynamics in your organization and new market.
    This is best achieved through empathy, putting yourself in others’ shoes, and understanding why they act the way they do.
  • Relationship management
    This is the ability to influence others. It is crucial for effective conflict resolution. No matter how insignificant, resolving conflicts in your organization as soon as possible is important. Unaddressed conflict can result in gossip and other unproductive activities.

photo: Unsplash

 What if We Fueled Action with Love and Not Anger?

So much of what’s happening in the world right now is fueled by hate. Division. Us against them. And sadly, some of us are only moved to action when we get angry. Our blood boils, our pulse quickens, and we step into fight mode.

Rage can be a good thing if it fuels progress. And Lord knows marketers use fear, uncertainty and doubt all the time to drive people to purchase. 

But does it always have to be that way?

I’ve been reading Bell Hooks’ book All About Love: New Visions, and man, it’s impacting my heart. Hard. It has caused me to question my very definition of love in a gentle, quiet way. Her writing is beautiful, provocative, thoughtful and concise. I wish I could write like that!

A recent chapter got me thinking: What if we strive for change, social justice, human rights, and equity with love not anger? Can love be enough to kick us into action just as much as anger and fear? What if we genuinely loved our enemies, those we fear, the liars, the charlatans, the power-hungry AND still took action? Could that be enough to catalyze massive change?

I’m not talking about being passive or sitting idly by. I’m talking about taking fierce action fueled by love, not anger and pain. When we are angry, we’re so tight, scrunched up, erratic. Could we get further – and be gentler to our own psyches – if we approached social change from love, not hate? Could we listen better, persuade better, and surprise those selfish children in front of us enough with our response that their own fears and facades crumble when faced with our tenacity  – and leave them sobbing in our arms? 

Could we be more powerful if we met tyranny and hate with love-fueled action rather than anger-fueled action? What if?. (TWEET THIS!)

Do you see this possibility or think it naive? Eager to hear your thoughts on this. DM me on Instagram!

How to be a better negotiator 

Nice guys and gals finish last. 

That has been the conventional wisdom, hasn’t it? That only sharks using cutthroat tactics can make favorable deals and negotiate effectively. 

I’m calling BS.  

Turns out, empathy is a secret weapon when it comes to negotiation and effective collaboration. And author, activist and strategic consultant Elisa Camahort Page shared with me how she learned this powerful lesson from an unlikely source: Buffy the Vampire Slayer. 

 Elisa knows how to successfully get what she wants, so of course, I had to sit down and talk with her about how empathy helps you negotiate deals that are mutually beneficial for both parties. 

Elisa is known as co-founder and COO of women’s media company, BlogHer. After the successful sale of that powerhouse brand, she’s now focused on speaking, writing and consulting with entrepreneurs and organizations. She co-wrote Roadmap for Revolutionaries: Resistance, Activism and Advocacy For All, a resource guide to activating around causes you care most about, which features contributions and/or endorsements by diverse activists and advocates such as Gloria Steinem,  Guy Kawasaki, Soledad O’Brien and Senator Kirsten Gellibrand (get it – it’s empowering!) 

Elisa’s thinking on this topic was triggered by an episode of her favorite cult classic TV show, Buffy the Vampire Slayer. If you’re not familiar with it, she gives us a quick overview. 

So many things I think you’ll love about this energetic interview, especially: 

YouTube video

Highlights include: 

*Why Buffy the Vampire Slayer is rich with lessons in leadership and collaboration ([2:23]
*How innovators can learn to see unintended consequences and “take responsibility for the magic you create” ([12:15]
*What BlogHer taught her about mutually beneficial relationships ([13:30]
*Three things to look for in healthy relationships…and three things that can destroy partnerships ([14:21]
*Why we need to compromise and prioritize ([18:30])  
*How to think about inclusivity when marketing and storytelling ([20:30])  
* The easiest way to get to what someone really wants ([28:21]

Too many great Tweetables from Elisaso I’m giving you my faves! 

“Innovation + Empathy > Innovation + Efficiency” (TWEET THIS!)

“Instead of thinking about negotiation as a war, think about it as party planning. What pieces do you need in place to get this party started?” (TWEET THIS!)

“You can’t develop a bigger audience and community until you develop empathy for the people you want there” (TWEET THIS!)

Learn more about Elisa Camahort Page’s speaking and writing on her website  
Follow #RoadMap4Revs for info about the book, Roadmap for Revolutionaries 
Check out her new consulting firm, Ternstyle Group 
Discover her work with Mentor Bureau 
Connect with her on Medium, Facebook, or Twitter @elisacp