The Lipscomb University College of Business announced to the public Thursday its new Center for Global Connectedness and Collaboration, which will be one of only 33 universities and business schools in the world offering the world-renowned Global Mindset® Inventory (GMI) for executives, academic institutions and government or nonprofit organizations.
|(l to r) Center director Mike Kendrick, Barry Stowe, Lipscomb alumni and CEO, Prudential Corporation Asia, and COB Dean Turney Stevens.|
|Locals packed the Paul Rogers Boardroom to hear the announcement of the center.|
|Nashville Mayor Kark Dean praised the creation of the global center at Lipscomb.|
|Dean Turney Stevens outlining the business college's global focus.|
The Global Mindset Inventory, developed by the Najafi Global Mindset® Institute at the prestigious Thunderbird School of Global Management in Glendale, Ariz., allows companies to determine a global leader’s ability to prepare for the opportunities, risks and challenges that come from working with the cultures of a globalized business market.
More than 100 companies including Cisco Systems, Dell, Ernst & Young; Henkel (Germany), Intel and Walmart have used the Global Mindest Inventory since it was established in 2008. Numerous business colleges worldwide have also used the inventory to measure their students’ success at developing global leadership capabilities.
Now companies in Tennessee will have greater access to the inventory and follow-up training provided locally through Lipscomb’s Center for Global Connectedness and Collaboration, the only facilitating university located within the state, and one of only two in the Southeast. Companies use the inventory when hiring for an international post, to identify employees with more likelihood of success in international endeavors and to measure the company’s development toward a global mindset.
The GMI is an assessment tool for executives to determine who might be better at communicating, doing business with and influencing other people who are unlike themselves. According to the institute, having a strong Global Mindset profile is a proven predictor of success in global leadership positions.
“This is a great addition to our city,” said Nashville of Mayor Karl Dean at the Thursday, Oct. 4 launch of the center on the Lipscomb campus. “One of the main factors that makes us unique and puts us in a great position to deal internationally is our universities…. If I can say one thing about what we need to compete in global markets, it is to stay focused on education.”
Mike Kendrick, Lipscomb’s associate dean for graduate business studies, has been certified as a Global Mindset facilitator and will serve as the center’s director. The Center for Global Connectedness and Collaboration will offer its services to:
- Administer the Global Mindset Inventory for local companies,
- Hold the Najafi Global Mindset Institute one-day workshop created to help companies develop their global mindset, and
- Develop Lipscomb’s own customized training programs based on the GMI results for local companies.
According to Kendrick, the Center for Global Connectedness and Collaboration will carry out a three-part mission: engaging the business community; teaching and research on management of global organizations; and exploring the impact of global organizations on Middle Tennessee businesses.
“The business world today is truly the entire world, made up of diverse cultural, political and institutional systems,” said Turney Stevens, dean of the Lipscomb College of Business. “In order to be successful global leaders, we must understand the difference in the systems. Lipscomb’s new global center will not only educate global leaders on the opportunities and challenges of understanding differences, but will also show how to influence others who are part of those different systems.”
On campus, the global center is developing an MBA concentration in global business expected to offered in fall 2013 and will work to develop additional international experiences and internships for Lipscomb business students.
Since last year, the Lipscomb College of Business has required all MBA students to participate in one international experience, making it one of the 15 percent of U.S. schools of business with that requirement. Beginning this fall, the undergraduate program includes a major in supply chain management that requires a semester of study at Hang Seng Management College in Hong Kong.
About Thunderbird Global Mindset Institute
The Thunderbird Global Mindset Institute is one of Thunderbird’s Centers for Excellence and the preeminent source of the science and practice of global leadership as it relates to the definition, measurement and development of global mindset. Global Mindset is a set of nine individual attributes that help global leaders influence individuals, groups and organizations that differ from them. These nine attributes can be clustered into Intellectual Capital, Social Capital and Psychological Capital.
About the Lipscomb University College of Business
The mission of the College of Business is to provide a faith-informed, dynamic learning environment that, when combined with faculty scholarship, develops leaders of excellence and integrity. The College of Business is a member of The Association to Advance Collegiate Schools of Business and is a member of and is accredited by the Association of Collegiate Business Schools and Programs.