International Business Skills

world-wide lineage SkillsInternational Business SkillsIn modern crease, what makes some good deal more make than others and more valu equal to(p) to the company is not all their k right offledge in the field however most importantly their competence in using reliable soft skills. These skills can be create and learnt so as to facilitate an organization to thrive towards triumph besides as well as to enhance face-to-face characteristics and capabilities of mountain. The module in International Business Skills has given me the opportunity to contrive skills I already had so as to enable me succeed in my incoming c ber entirely as well in my academic performance. The eight topics studied are complementary to for each one other and imbibe therefore provided a solid foundation for motherment. This discipline log introduces the topics by stating how they are relevant to world-wide business enterprise it wherefore emphasises how the seminars claim been benefic ial to me and how I leave alone be able to develop and apply the skills I take up acquired during the seances. stimulated IntelligenceOver the preceding(a) years, corporations absorb started to look for more varied qualities in the large number they employ. Emotional intelligence is important as it is relevant in peck operationing at unalike parts of international business such(prenominal)(prenominal) as in management increment, recruitment interviewing and selection, customer relations and benefit. It provides a path of soul and assessing people thus it is vital where it concerns human resources.Reflecting on the seminar, I believe that I can flat separate surrounded by 2 main areas of competencies. On the one hand there is a someoneal aspect, which beseechs competencies such as self- certainness, self- legislation and pauperism. On the other hand, there is a sociable aspect, which concerns ca rehearseing humanity and compassion at deform by imparting empathy . Learning how to manage both personal and tender capabilities willing patron me receive more successful in my pop off but in addition in my everyday sprightliness. Being a very emotional person, I have some periods found that my emotions keep me back from my work when face up with certain challengers who affect me emotionally. The seminar has taught me how to manage my emotions and motivate myself, be more variable but most importantly on how to suspend judgment, be rose-colored and try out to find ways in bettering myself and becoming successful. I have learn above all to understand myself and accordingly understand others and their tactile propertyings.As emotional intelligence is vital in growth many skills such as net running(a), police squadwork or lead I had the opportunity to frame in into perpetrate what I have wise(p). In team upwork, I was able to show self-awareness by assessing my demeanour and how this would affect others, and then by exercising s elf-management by universe adaptable, optimistic and having emotional self-control. By showing social awareness I was able to meet my teams require and too understand their emotions and their perspective.Learning slightly emotional intelligence will help oneself me when it comes in employment opportunities. For practice session if I establish good rapport and a strong race with my manager and show him that I do not only have good training or expertise in my domain but I can also handle myself as well as others, then this will incr travel my opportunities of getting promoted to higher levels in the company.cross-cultural teamworkWorking in teams has proven to be essential in modern business due to increased competition in the global arena. In the module Issues in Management I have learned that oddly in k in a flashledge based businesses, the collective practice of people on a certain task has demonstrated better outcomes than individual work since with the fundamental inter action of people there is better substitute of knowledge and skill in task fixary. However, in cross-cultural teams certain barriers such as language, clash of personalities, cultural backgrounds or several(predicate) ways of approaching problems whitethorn restrict members in integrating in a team. Dealing with different people from diverse backgrounds and cultures may cause problems but the need to work collectively for the achievement of the same task can make people come together and bring rough compromising for the mutual service of the chemical group.The cross-cultural teamwork seminar has proven to be vital for my understanding of how teams are formed, how they office staff and the different stages of team development they undergo. The four stages of team development provided incursion to the common traits of relationship createing I had observed in old teamwork. Learning about the storming stage gave me confidence to confront uncooperative demeanour in a positi ve way by difficult to bring balance and harmony in the team so as the team will undergo successful development.My personal academic experience forever and a day had to deal with teamwork. Throughout the years I had noticed that in a team each person would always translate up a role, for congressman that of a decision-maker or an implementer. Learning about Belbins team roles authorise my observations by illustrating how each member contributes to a team through certain roles they adopt. This has helped me in dealing with my Issues in Management assignment where each team member was assigned a particular task based on his/her abilities. Moreover, through the Belbins Self- Perception Inventory I had the chance to assess my beaver team roles and as a result raise my awareness of the folksy roles I adopt within a team and how they major power be valued by other team members. This gave me an explanation as to how I contribute in a team and why I move in specific ways, especiall y in situations where there are no effective attractions in the team and I automatically take initiative.It is indubitable that the knowledge I have acquired through this seminar will help me in my next teamwork assignment since above all I now know myself better but I am also more aware of others. After working(a) with a multicultural team in the practical exercises I now have a better understanding of the different particularities of each culture. I have also learnt to adjust my behaviour so as to facilitate the smooth collaboration towards the successful completion of a task through effective team working. Therefore, I will be able to overcome any difficulties that may arise with ease when working in an international business environment which will take away interacting and working with people from different cultures. As a result, this practical session gave me the opportunity to put theory into practice by universe cognizant of my behaviour and the different development s tages we underwent as a team.Cross-Cultural leadershipIn international business working with and leading groups of people from different cultures is common in multinational projects. For me, cosmos an effective leader instrument directing successfully the people you work with by the meat of motivation towards the accomplishment of a mission. Knowing how to do things right is what characterises a leader and having the capability to be both an effective manager and leader in a business will undeniably lead a business towards success.The importance of emotional intelligence in successful leadership cannot be refuted since leaders have to deal with other people and relationships. As a result, effective leaders primarily need to have self-awareness and self regulation in order to be able to lead a group of people. The seminar taught me that the key to earning someones trust and to conformationing a relationship with a team is to show empathy and to understand their emotions. This kno wledge will facilitate me as a leader in managing relationships effectively and in implementing change where needed.Leading a multicultural team is not an lightsome task. I came to know this when working with a multicultural team this year. After the seminar, I realised the mistakes I had made and how I had been sending across the wrong messages to them unintentionally. Even though I tried to communicate with respect, the fact that I was not tractile in my way of working to fit in with their culture preferences created taste and panic in the team. They felt under pressure and that they could not work by the hectic working plan that I had set. After the seminar I had the chance to remedy my actions by recognising that my own perceptions and opinions may not be shared by others but also made me realise how differently some cultures might perceive world power and leadership. I therefore became slight assertive and I motivated them to co-operate and show commitment by cheering the ir psychological needs. I achieved this by giving them more responsibility and by letting them make choices more often. I then showed my appreciation and prize the significance of their work.In the future I will aim to gird my emotional leadership by being conscious of the particularities found in other people and also by constantly practicing and gathering feedback from peers. In this way I will be able to identify my strengths and weaknesses and try bare-assed ways to better myself. I will then be able to manufacture my mistakes on the spot so as to become an effective leader.Win-Win NegotiationsNegotiations are considered to be an integral part of our everyday lives, peculiarly of our jobs. It is a skill that everyone may possess to some form, however, it is essential to develop and cultivate this skill through learning and practice. In business, duologue skills are constantly tested through completing contracts, sales, team expression but also negotiating on salary issue s. Win-Win negotiations refer to both parties emerging as winners from their negotiation. Therefore, cunning how to persuade but also please the other companionship is essential for a successful and rigid negotiation process.The seminar has been vital in improving my negotiation skills by teaching me what makes a good negotiator. It has helped me correct my biggest mistake by emphasising that an effective negotiator does not only judge of what he wants out of the negotiation but is also capable of identifying the needs of the other party. Learning how to use specific tactics but also being able to change them in order to facilitate the negotiation process has been the main competence I have gained. This has reinforced my imaginativeness as well since finding different methods of negotiation and affirmable root requires creative thinking in order to produce unique ways of persuading. My creativity was put into practice during the case study exercise when I had to make a decisio n which would result in mutual take in and when I had to find different methods of solving the problems raised.In summary, the further development of this skill will help me gain lifelong success in my life and career in business. I will be able to apply my negotiation and communication skills when having to influence people with regard to salaries and contracts or be able to increase the sales and profit of the company. My learning will be stand outed through further developing my negotiation skills when working in teams in my academic work. When working in such an environment I will implement and develop a plan with possible scenarios that could be followed to strive my objectives and at the same time satisfy the others needs. As a result, my skills will be strengthened to such a degree that in the future I will understand my opponents position forrader of time and be able to use different tactics to reach my goals.Numerical SkillsOne of the reasons people go into business is to make capital hence when working in a business environment, you are bound to come across numbers at some point that may be the profits of the company, balance sheets, interest rates or exchange rates.Having only a literature background, I have not had very much exposure to numbers. My quantitative skills have been fairly poor since the last time I had to do work with numbers was in high school. Undeniably, I could not build on any skills I previously had or on any knowledge since this was eat uply new to me. However, the two sessions of pecuniary Mathematics have proved to be of valuable importance since I have now developed some abilities in calculating fundamental financial mathematics equations which will be necessary in my future career. The exercises we had to complete have given me the ability to apply and use numerical skills within a business context. I can now do exchange rate calculations which will be vital when working in an international business environment whi ch might involve transactions between different companies across different countries using various currencies. This session has active me to interpret business information with ease since I am now familiar with the different terminology and with the different formulas needed to calculate possible investments.Moreover, this session has complimented on the theory of finance which was taught in Issues in Management. My interaction with numbers has made me more confident since I now feel that I can manage basic financial numerical exercises which I will come across in my future career in business. As a result, I will be able to support and keep developing my learning by interpreting the Markets Data towboat in the Financial Times which will also keep me up to date with the world economy and finance.NetworkingNetworking is considered to be an essential way of creating contacts and connecting with people in order to share information and build a in return beneficial relationship. Work ing in a business will require networking skills since employees may have to attend conferences, seminars or even some social events where making good personal contacts is essential in building the business.As an extrovert and a social person, I have never confront any particular problems when interacting with people. I have always found it easy to talk to people that I have never met before. Nevertheless, the seminar on networking has helped me change the communication skills I already have by emphasising the importance of luggage compartment language and outlining the ways we can establish non-verbal rapport. I have learned to use small actions that we make unconsciously, such as smiling or nodding, in a conscious way so as to build and maintain rapport effectively. In this way, I will ensure that I am expressing interest in the matter discussed. Moreover, I have learned how to control my bole language so as to transmit expeditiously the desired messages to other people. This h as been managed and further developed by continuous observations of interaction in between others and myself.Furthermore, the people bingo exercise was a successful way in conveying how people move from one person to the other in search for information but also how they build relationships based around a mutual benefit. It is indubitable that the networking skills seminar has taught me how to get watchful before a networking session and how to research on the desired future contact so as to make a good essence when conversing with them. I had the opportunity to practice and improve this skill in the administrator Insight session which brought me into contact with senior level directors from a say of international firms. The skills I developed through this session will be essential in building my future career in business but will also help me reach my targets through building relationships with important people.Presenting with presenceUsually managers consider presentation skill as a desirable quality in employees. It is of vital importance in a business since if an employee representing the firm does not have the presentation skills to inform an idea, a project, a service or a product to others, then these ideas or projects may remain in the conceptual stage and the service or product may not be sold.Throughout my education, I have had to prepare a number of presentations. However, I always have difficulty in presenting with ease in front of an hearing. Not knowing the correct method of delivering and structuring my ideas makes me less confident and nervous when presenting.The presentation skills sessions made me realise that having to do a presentation is not only about presenting ideas in a structured way but it also has to do with capturing the audiences attention using different techniques. The main concern in presentations is having the audiences complete attention until the end. The seminar taught me how to overcome the problem of loosing the audi ences attention by getting them problematical in the presentation but also by using power point presentations in an amusing way. After this experience, I had the chance to put my knowledge into practice in the daily seminars by consciously supervise myself and others when presenting. Whenever I felt that the audience lost concentration I utilize a hook such as a real life example or a rhetorical question to grab their attention. The seminar presentations also helped me become confident when having to do a presentation unexpectedly which could get hold in any company.Moreover, I am now more aware of what is expected of me when I am put on the spot, how to control my body language so as not to show my nervousness to the audience and also how not to lose the aim of the presentation by being clear and concise. Presentations are based on how effectively and efficiently the bestower delivers the main ideas concerning the topic presented. What is therefore required on my behalf is to continue developing my communication skills by observing other presentations and thinking of ways to improve them but also by keeping up to date with engineering so as to make attractive presentations using appropriate means such as power point presentations.Art and BusinessAs demonstrated in the module Global Shift, today more than ever, globalization is forcing businesses to be more transnational, multi-cultural and increasingly competitive. In order for an international business to confront the global challenges it constantly faces, it needs to be modern by developing unique and original ideas. Therefore, art and creativity unravel an essential role for successful markets to stay ahead.This seminar taught me how creative thinking and success is born when the environment you work in is equally creative. This was conveyed through the example of SOL and Red Bull. By having a creative asynchronous transfer mode at work, creative thinking is promoted in employees resulting in uniqu e ideas being generated. By attending the seminar I learned to be a risk-taker since by doing so I will have the possibility to innovate. In the past, I always feared to express an idea that I had in my mind because I considered it to be silly. Now I know that often good ideas are initially considered to be as such. As a result, I now always express my ideas in class when we are asked to deal with a problem. I have learned to think from different perspectives and always re-think things during breaks because creative and imaginative thinking usually comes at a time when people are more relaxed. In the future I will use brainstorming more often since as it has been portrayed in the seminar, frank ideas can be developed through innovation into successful new business ideas, such could be the case of the iPhone.Even though in my opinion imagination cannot be taught, it can certainly be promoted when working in a creative and more flexible environment. Creativity might also arise by lis tening to the ideas of other people and trying to connect them with your own. In past work experience I have had, seeing miserable faces in companies made me think of ways I could change this if I had to manage the workforce. After researching some creative businesses such as Google, the seminar gave me the incentive to aim in inspiring and making a difference in the working environment of my colleagues when attaining this future career goal. I will achieve this by creating an exciting environment for them to work in so as to motivate them to come to work with pleasure. This will certainly promote hidden talent which will contribute towards success.