International managers are constantly faced with multiple challenges, which need to be properly understood and dealt with. Some of the challenges are:
– Conduct business under local legislations in different countries, languages and currencies, for serving local markets while complying with global company standards.
– Location-specific risks like unstable economies and governments, security concerns and labor availability.
– Work and deal with employees from different nationalities and cultures, which requires a lot of understanding.
– The ever volatile global markets, its infrastructure and the technological disparities among countries.