Global Environment of Business

GLOBAL ENVIRONMENT
OF BUSINESS
Running Head: GLOBAL ENVIRONMENT OF BUSINESS 0

GLOBAL ENVIRONMENT OF BUSINESS 1
Table of Contents
Skills....................................................................................................................... 2
Visioning............................................................................................................... 2
Decisiveness........................................................................................................... 2
Influence and persuasion............................................................................................ 2
Lack of skills............................................................................................................. 2
Identification of shortage skills....................................................................................... 3
Methodologies........................................................................................................ 3
Key performance indicators........................................................................................ 3
360-degree reviews.................................................................................................. 3
Tabular presentation of skills.................................................................................3
Communication skills.......................................................................................... 4
Technical knowledge.......................................................................................... 4
Ability to prioritize and organize.........................................................................4
Commitment towards work................................................................................4
Flexibility and open-mindedness........................................................................4
Willingness to grow and learn............................................................................4
Leadership potential........................................................................................... 4
References............................................................................................................. 5

GLOBAL ENVIRONMENT OF BUSINESS 2
Skills
There are three competencies that are very important for success (Sazena, 2015).
These are very important for lead effectively to a global environment as it determinations
success for their business commands.
Listening
Listening is the ability to develop a future vision. A leader is destined to build
incremental improvements. The leader has a vision for the future and puts a strategy in
motion by executing and alter the course and fortunes of a business. They have external
awareness by a sense of trends, changes, and development in the world outside of the
organization. Observant can new insight is gained. Set vision helps to lead by self-imposed
constraints. It is important to think outside the box for organization success. This helps to end
up by gaining new perspectives and insights on business (Lafley, 2009).
Sensing
Sensing is an essential skill for lead successfully business organizations. This ability
helps to make the decision with incomplete information. New future vision requires heading
in uncharted waters. There is no method to hold all details before action is taken. This is
necessary for risk tolerance. A leader cannot be excessively risk-averse. It is a key to
minimize risk if things did not go according to plan as all is not lost. This is significant to
consider the many possible scenarios and review each result. Decision making with all
information needs a leader to be clear about the underlying problem as not to address a
symptom instead. The ability of a leader in decision making is looked in point as the
sometimes decision must be made without having all pieces of a puzzle (Drucker, 2005).
Observing
It is a very important skill that a leader must possess. This is an ability to persuade
and influence. For this, they gain trust and respect of the organization and it is earned over
time and determine as a person observe the way to conduct on a daily base. The trust level
and respect that person possess for great impact with the degree to influence. The aspect of
influencing others related to facts that people buy emotionally. This is important to have the
vision and oversight to make a decision without facts and master the ability to influence
others (Watkins, 2015).