BizEd

SeptOct2014

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51 BizEd September/October 2014 ABACUS: JOH N FOXX/TH I N KSTOCK; PE N: M IZAR_21984/TH I N KSTOCK; CHARTS: I NG RAM PU B LISH I NG /TH I N KSTOCK; ACCOU NTI NG: TH I N KSTOCK Javidan, leaders must have high lev- els of capability in three areas: intel- lectual capital, or their knowledge of global strategy; psychological capital, or their willingness to work with a diverse range of people; and social capital, or their ability to work with and emotionally connect to people different from themselves. Based on his research, Javidan has designed the Global Mindset Inven- tory (GMI) questionnaire. Organi- zations like EY often use the GMI to help managers improve their global mindset profiles; business schools can use it to assess students' global mindsets before and after global business courses and study abroad experiences. "It's much easier and less expen- sive for students to develop global mindsets before they graduate, than it is to try to instill these skills in them when they're in their 30s," says Javidan. "Companies are tell- ing us that this isn't just something that's nice for accounting depart- ments to do. It's urgent." Behavioral Shift EY Roundtable presenters also have included Tom White, associ- ate professor, emeritus, at the Col- lege of William and Mary's Mason School of Business in Williamsburg, Virginia. In January 2013, White discussed how his school addresses diversity in "Developing a Global Mindset," a master's-level course based on Javidan's methodology. In 2012, for example, 13 stu- dents in the course took a 13-day cruise through several locations in South America, including ports in Mexico, Costa Rica, Colombia, and the Grand Cayman Islands. They also passed through the Panama Canal. While on board, students took courses on the history, econ- omy, and culture of their next port of call. The goal for the trip—and the course as a whole—was for students to identify and overcome their biases and open their minds to new perspectives. "We created this course to address a skills gap between what traditional account- ing curricula teach and what today's organizations need," says White. Another professor inspired by EY roundtable discussions is Jana Raedy, associate professor, associ- ate dean of the master of account- ing program, and the Ernst & Young Scholar in Accounting at the University of North Carolina's Kenan-Flagler Business School in Chapel Hill. She created the MBA course "Leadership: Professional- ism and Team Building in Today's Diverse Business Environment," with the help of funding from EY. The course incorporates workshops on improving professional commu- nication, building teams, developing Students enrolled in undergraduate accounting programs in 2011–2012 by ethnicity*: 67% ..........White 9.3% ........Asian/ Pacific Islander 8.4% ........Hispanic/ Latino 7.2% .........Black 0.4% ........American Indian/Alaskan Native *2013 AICPA Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits Minorities represent 36 percent of Ernst & Young's full-time hiring from U.S. campuses. Minorities represent 36 percent of Ernst & Young's full-time hiring from U.S. campuses. Danica Dilligard, an Assurance Partner at Ernst & Young, with students at the eighth annual Discover EY event, January 2014

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