Proceedings of 10th Annual London Business Research Conference 10 - 11 August 2015, Imperial College, London, UK ISBN: 978-1-922069-81-8 Analyzing the Role of Cross-Cultural Experience and Cultural Intelligence in Developing Global Leaders Pallvi Arora and Neelu Rohmetra Abstract Globalization has created the need for managers across the globe to be networked and especially the ones who can function effectively in intercultural situations/environments. Despite the fact that it is assumed that managers who work in international assignments tend to develop the cross-cultural competency skills by working in the multicultural environment, there is no such clarity in the context of how global leaders use such experiences to transform their learning into concrete knowledge as well as skills that can practically build on their effectiveness to function in the global scenario. As managing the ‘global leadership gap’, one of the primary concerns for multinational corporations wherein addressing diversity issues presumes significant importance, the present paper proposes Cultural Intelligence (CQ) to be an essential cross cultural learning capability that can facilitate global leaders and managers to give meaning to their cross cultural experiences. By using the experiential learning theory (ELT), the authors devise a model for using Cultural Intelligence as an important tool that can be adopted by international managers to successfully use cross cultural experiences. Also that it is reflected through the literature that managers who are culturally intelligent are more competent in terms of effectiveness that they pose in international assignments. It is not the quantity of time that one spends on international assignments but the quality of time during such assignments that develop competent global leaders. Keywords: Cultural Intelligence, Experiential Learning Theory, International Assignments and Global Leaders. Field of Research: Management ____________________ Dr. Pallvi Arora, Assistant Professor, International Centre for Cross Cultural Research and Human Resource Management (ICccR & HRM), University of Jammu, Jammu, India, Email: pallvi.arora12@gmail.com Professor Neelu Rohmetra, The Business School and Director, International Centre for Cross Cultural Research and Human Resource Management (ICccR & HRM), University of Jammu, Jammu, India, Email: nrohmetra@yahoo.co.uk