New CEOs in 2012 at the world’s largest 2,500 public companies, are mainly natives, both to their company and their firm’s home country. Not many are globetrotters, as less than half of the incoming CEOs had experience working in a region other than their companies’ own. Read Ken Favaro’s article “Is there really such a thing as a “global CEO”?
How can cultural competence increase if we stick to what/who we know is best, I wonder?