Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives.

Description:  Oki Matsumoto, chief executive officer of online trader Monex Group Inc. and a former Goldman Sachs Group Inc. partner, has a solution to Japan’s stagnant domestic economy: Learn “globish.” Matsumoto holds regular parties at the Tokyo-based company where employees must speak globish, or global English, a language for non-native speakers using basic grammar and a vocabulary of 1,500 words.

Source: Bloomberg.com
 
Date: 09/08/2010

Link: http://www.bloomberg.com/news/2010-09-08/japan-ceos-learn-globish-to-aid-overseas-expansion-as-economy-stagnates.html

Questions for discussion:

  • Is it necessary for all business people to speak English, regardless of where they originate?
  • How should companies encourage cultural and second language learning among its management personnel?
  • What advantages are there for businesses whose managers can interact comfortably with other business people in languages other than their own?

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