"The Global Mindset Index Study reveals that successful companies don’t just think globally, they act to bring that belief to life throughout the organization." - Michael Schell, CEO of RW3 CultureWizard.
New York, NY (PRWEB) November 29, 2017
A new worldwide survey of 1,362 business professionals at multi-national organizations conducted by global training organization, RW3 CultureWizard, has found that corporations that value and actively promote intercultural proficiency are more likely to achieve key business goals and objectives. Furthermore, corporations that recognize and adapt to the global work styles and business behaviors of other cultures enhance their ability to succeed.
Survey analysis identified two important categories of participants: those that achieved or exceeded their business targets (Overachievers) and those that missed business targets (Underachievers). The survey then revealed a correlation between business achievement and companies’ commitment to a Global Mindset.
Some of the key findings include:
- 84% of respondents at Overachievers say their organization recognizes different cultural values and preferences in business activities, as compared to only 26% of respondents at Underachieving companies
- 81% of Overachieving respondents believe their company supports employees developing a global perspective, as compared to only 38% at Underachievers
- 87% of respondents at Overachieving companies agree that their employer values an employee with a global mindset, while less than half of respondents at Underachievers state the same
"The Global Mindset Index Study reveals that successful companies don’t just think globally, they act to bring that belief to life throughout the organization," explained Michael Schell, CEO of RW3 CultureWizard. "The survey clearly demonstrates the bottom line benefits of a commitment to intercultural proficiency."
The Global Mindset Index Study was conducted online in September and October of 2017. Sixty-three percent of respondents were from companies with more than 25,000 employees, representing a broad cross-section of global industries.
"As conducting business around the world becomes increasingly important, employees’ ability to act with a Global Mindset represents a clear competitive advantage," said RW3 CultureWizard President, Charlene Solomon. "An executive’s ability to understand and interpret cultural differences, and to adapt accordingly when working with people from different backgrounds, will have enormous impact on their effectiveness."
The Global Mindset Index Study is available for at https://www.rw-3.com/global-mindset-index-study
About RW3 and CultureWizard
CultureWizard, owned by RW3, is a powerful blended-learning system that develops the intercultural business expertise necessary to compete successfully in the global marketplace. RW3 with offices in New York, Los Angeles, London and Hong Kong, is known for its global business skills blended-learning solutions. RW3 provides integrated learning and training that supports a Global Mindset, Global Leadership, global teams, international assignees, business travelers, and the understanding of the importance of diversity and inclusion.