How managers can develop their Psychological Capital in case of Global Mindset development

Master's Thesis from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 2,0, Buckinghamshire New University, language: English, abstract: The purpose of this thesis is to develop suitable training measures for the area of Global Mindset development in the field of psychological capital by eliciting the experiences of German managers. Fundamentally, the analysis is based on the individual level of Global Mindset. The new theoretical lens from psychological capital is employed to gain new insights into further development of a global mindset through a qualitative research approach. The qualitative approach is implemented through in-depth interviews of 10 German managers with several years of management experience from major established companies. The results are that the training of Psycap has to be on the emotional level. Also the generation of the people has an influence on the training. Another important and new finding is that the self-reflection and individualizing of an individual promotes the sustainability process of psychological capital.