Emerging market multinationals are struggling to build effective international management teams as they grapple with cultural differences, conflicting internal perceptions of talent management, difficulties in balancing global and local talent, and a lack of a reliable leadership pipeline.

Six mega trends have been identified that will significantly impact the revenues, costs and profitability of the commercial vehicle industry as demand for trucks and buses evolves with globalization, technology development, regulation and emerging market growth, according to a report from Ernst + Young.

Ernst & Young reports that 83 percent of respondents to a recent survey say they are engaging their supply chain in sustainability. In addition to this, 76 percent anticipate natural resource shortages, including water, will affect their core business objectives over the next three to five years, according to the canvass of "corporate sustainability leaders."