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With ramping scale of operations and globalization, developing the right skills and talents of executives it is of utmost importance for the companies. The challenge for companies is to determine which particular capabilities are of greatest value in their particular industry and situation. This article basically highlights the importance of experience over knowledge. Though the developmental process of a domestic executive is same as the global executive, but the lessons learnt are different. Globalization of business not only means cross –borders it also implies cross-cultural. The implications of the executive development process try and incorporate the various cross- cultural experiences and lessons learned, that are usually ignored or not paid attention to...
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