Introduction It is significant for a multinational corporation to sustain their business in the long term which need an effective leadership. Because, they help in providing long term vision to the company and future direction.
Global CEO demonstrate “Global min-set” Before discussing global CEO’s and its relation to global mind-set need to understand this concept in an appropriate manner. Global mind-set is related with the ability to influence other people or group of people from different background from own prospective.
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Leader balance local/global approach in operation Emerging of globalization and increase emerging market like India and China, create a major challenges of the corporate leaders. There are large number of business organization where major decision making done by small number of people.
Decision making approach There are following approach can be used by the global leader: •Command: •Collaborative: •Consensus •Convenience:
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HR process used by leader There is various strategy can be used by the global leader. These are: •Adopting local talent •Provide effective training •Personal and professional development
Hofstede's Dimensions There are six dimensions of culture are as follows: •Power Distance Index (High versus low). •Individualism Versus Collectivism. •Masculinity Versus Femininity. •Uncertainty Avoidance Index (High versus low). •Pragmatic Versus Normative. •Indulgence Versus Restraint.
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Conclusion As per this report it can be concludes that leader play very important role for enhance the business activities and performance. According to this report leader balance between global and local approach is described in this report.
References •Stahl, G., and et. al., 2012. Six principles of effective global talent management.Sloan Management Review. 53(2). pp.25-42. •White, R.P. and Shullman, S.L., 2012. Thirty years of global leadership training: A cross-cultural odyssey. Consulting Psychology Journal: Practice and Research.64(4). p.268.