Assume you have just been appointed to the position of portfolio manager

Assume you have just been appointed to the position of portfolio manager for a multinational firm. The organization’s project success ratio has been dismal, and the executive board members appointed you because they feel that you are the type of individual that can make a difference.

What is your first course of action?
Why is that action necessary?
How will that make a difference in the future?
How will ethical, demographic, and cultural differences influence your decision?
How will you accommodate the complex interfaces of language, time, and distance?

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