The purpose of this thesis is to develop suitable training measures for the area of Global Mindset development in the field of psychological capital by eliciting the experiences of German managers. Fundamentally, the analysis is based on the individual level of Global Mindset. The new theoretical lens from psychological capital is employed to gain new insights into further development of a global mindset through a qualitative research approach.
The qualitative approach is implemented through in-depth interviews of 10 German managers with several years of management experience from major established companies.
The results are that the training of Psycap has to be on the emotional level. Also the generation of the people has an influence on the training. Another important and new finding is that the self-reflection and individualizing of an individual promotes the sustainability process of psychological capital.
Table of Contents
1 Introduction
1.1 Problem Statement
1.2 Aim and purpose of this Work
1.3 Chapter Outline
2 Literature Review
2.1 Overview
2.2 Trade change with advancing Globalization
2.3 Internationalization of companies
2.4 Definition of Global Mindset
2.5 Global Mindset and internationalization
2.6 Global Mindset Capitals
2.6.1 Global Intellectual Capital
2.6.2 Global Psychological Capital
2.6.3 Global Social Capital
2.7 Psychological capital
2.7.1 Psychological capital structure
2.7.2 Psychological capital development
2.8 Training methods of psychological capital
2.9 Limitations of literature research
2.10 Findings of Literature research
3 Methodology
3.1 Overview
3.2 Research Onion
3.3 Quantitative vs. qualitative Research Methods
3.4 Qualitative research
3.5 Expert interviews
3.6 Transcription
3.7 Interviews Questions
3.8 Grounded Theory
3.9 Qualitative Data Analysis
3.10 Coding
3.10.1 Open Coding
3.10.2 Axial Coding
3.10.3 Selective Coding
3.10.4 Theoretical saturation
3.11 Data analysis using computer supported systems
3.12 Reflection
4 Findings
4.1 Chapter Overview
4.2 Description of the Data Analysis process
4.3 RQ1 Which factors of the psychological capital are important for German managers to increase their Global Mindset?
4.4 RQ2 Does the age of a leader play a role in the development of psychological capital of Global Mindset?
4.5 RQ3 What are appropriate training measures for the promotion of psychological capital within the framework of a Global Mindset training for managers?
4.6 RQ4 Is the development of PsyCap sustained?
4.7 Discussion and findings
4.7.1 RQ1: Which factors of the psychological capital are important for German managers to increase their Global Mindset?
4.7.2 RQ2: Does the age of a leader play a role in the development of psychological capital of Global Mindset?
4.7.3 RQ3: What are appropriate training measures for the promotion of psychological capital within the framework of a Global Mindset training for managers?
4.7.4 RQ4: Is the development of PsyCap sustained?
5 Conclusion
5.1 Chapter Overview
5.2 Reliability
5.3 Summery of the results
5.4 Limitations
5.5 implications for further research
5.5.1 Implication for theorist
5.5.2 Implication for practitioners
6 Bibliography
Objectives and Themes
This thesis aims to develop effective training measures to promote Psychological Capital within the context of Global Mindset development for German managers. By conducting qualitative, in-depth interviews with experienced managers, the research investigates the individual-level components of Psychological Capital and how these can be fostered to improve cross-cultural leadership capabilities.
- Development of Psychological Capital (PsyCap) within a Global Mindset framework.
- Qualitative analysis of management experiences in German medium-sized enterprises.
- Identification of essential psychological factors for global leadership.
- Evaluation of training methods (e.g., emotional integration, group dynamics, and self-reflection) for PsyCap.
- Examination of the role of age, experience, and digital culture in leadership development.
Excerpt from the book
2.6.2 Global Psychological Capital
As described in the preceding section 2.5, the psychological capital is a part of the Global Mindset structure. Rather, it forms the basis of the structure, since it directly affects the other 2 adjacent dimensions. The motivation property can be called a critical variable. In the context of a Global Mindset development, the focus is on the desire and learning of a different culture (Javidan & Bowen, 2013). The psychological capital is divided into 3 dimensions. These are passion for diversity, quest for adventures and self-assurance.
Passion of Diversity is the openness of other cultures and their recognition. In addition, the focus is on communicative readiness with people traveling on other cultures. Traveling to foreign regions as well as staying abroad are also part of this (Javidan & Bowen, 2013).
In the dimension Quest for Adventures, motivations can be presented for cross-country risk-taking. The interest and the intrinsic motivation, derived from for the purpose of confronting challenges, can be shown in this area as a core variable (Javidan & Walker, 2013).
The last dimension is the Self-assurance item. The willingness to integrate and adjust can be seen here as a driving force. Furthermore, the faith in the things to be done plays an important role (Levy, et al., 2007). Tasks with an optimistic approach for solutions round off this last segment. Leaving your own comfort zone and integrating yourself into an uncomfortable zone is an important element that is also present in this spectrum (Javidan & Walker, 2013).
This chapter is attributed to the most difficult developmental measure, as it affects the boundaries of individuals (Javidan, et al., 2010).
Summary of Chapters
1 Introduction: Defines the problem of managing information and communication in a globalized business environment and outlines the purpose of the thesis.
2 Literature Review: Provides a comprehensive overview of existing theories regarding the Global Mindset and its capital components, focusing on the significance of Psychological Capital.
3 Methodology: Details the qualitative research approach, including the use of expert interviews, Grounded Theory, and computer-assisted coding to analyze data.
4 Findings: Presents the results of the expert interviews regarding psychological factors, the influence of age, training methods, and the sustainability of PsyCap development.
5 Conclusion: Summarizes the key findings, discusses the reliability and limitations of the research, and offers implications for further research and practical application.
6 Bibliography: Contains the references used in the dissertation.
Keywords
Global Mindset, Leadership Development, Psychological Capital, Individual Global Mindset, Cross-Cultural Training, Management Learning Tools, PsyCap, Qualitative Research, Grounded Theory, Emotional Intelligence, Self-Reflection, Global Business Savvy, Intercultural Empathy, Employee Motivation.
Frequently Asked Questions
What is the core focus of this research?
The research focuses on identifying how managers can develop their Psychological Capital to foster a Global Mindset, specifically within the context of German medium-sized companies.
Which theoretical lens is used to examine Global Mindset development?
The study primarily employs the theoretical framework of Psychological Capital (PsyCap) as developed by Fred Luthans, focusing on hope, efficacy, resilience, and optimism.
What is the primary goal of this dissertation?
The primary goal is to derive suitable, practice-oriented training measures that can be integrated into corporate structures to promote the individual's Psychological Capital in a globalized business context.
What research methodology was employed?
The author utilized a qualitative research approach based on Grounded Theory, which included conducting in-depth, semi-structured expert interviews with 10 managers.
What does the main body of the work cover?
The main body covers a literature review on Global Mindset and PsyCap, the methodology for qualitative data collection, detailed findings from interviews, and a discussion on propositions for future development.
Which keywords characterize this work?
Key terms include Global Mindset, Leadership Development, Psychological Capital, PsyCap, Cross-Cultural Training, and Grounded Theory.
Does the age of a leader impact Psychological Capital development?
The findings suggest that the chronological age of a leader plays no direct role in the development of Psychological Capital; rather, individual motivation, life experience, and learning methodology are the decisive factors.
Why is interaction important for developing Psychological Capital?
The study concludes that Psychological Capital is best developed in a group setting through emotional interaction and self-reflection, rather than through isolated self-learning programs.
What role does self-reflection play in sustainability?
Self-reflection and critical self-observation, supported by teamwork and feedback mechanisms, are identified as critical factors for ensuring the long-term sustainability of the developed Psychological Capital.
- Quote paper
- Hosni Zacriti (Author), 2017, How managers can develop their Psychological Capital in case of Global Mindset development, Munich, GRIN Verlag, https://www.grin.com/document/383546
