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The development of political skill and political capital by global leaders through global assignments
Authors:Michael Harvey  Milorad M Novicevic
Institution:1. Dean and Hearin Chair of Global Business, School of Business Administration University of Mississippi , University , MS 38766, USA Phone: +662 915 5830 E-mail: mharvey@bus.olemiss.edu;2. University of Mississippi , USA
Abstract:The purpose of this paper is to explain how developing global leaders through global assignments (i.e. in the form of expatriation and inpatriation) may lead to their acquisition of valuable political skill and political capital. First, using the theoretical frame of political influence theory, the benefit of political skill is explained relative to the development and augmentation of global leaders' capital portfolio during global assignments. Second, a distinction between social capital and political capital, as the integral components of global leader's capital portfolio, is made. In conclusion, the value of acquiring political skill and building human, cultural, social and political capital by global leaders is discussed separately for expatriate and inpatriate assignments.
Keywords:Political skill  political capital  globalization of organizations  transition from expatriates to inpatriate leaders  sharing/learning political skill in developing a global mindset
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