Leadership in Global Business Assignment
Added on 2020-04-15
13 Pages3629 Words42 Views
Leadership ManagementProfessional DevelopmentDesign and Creativity
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Running Head:LEADERSHIP IN BUSINESS 1Leadership in BusinessStudent’s NameUniversity
LEADERSHIP IN BUSINESS 2Leadership in Business1)Insights gained from global assessment resulta)What confirmed my thinking? The global mindset is an important element in leadership that allows people to learn how to influence others who are different from them. Since the business environment has changed from local to global, there is need for leaders to adapt their intellectual, psychological and social capital to adapt global perspectives (Li, 2017). The assessment gave me an insight on my intellectual, Social and psychological capital. My prior thinking before the test was based on my ability to have a strong social capital present within me. The assessment indicated that I have a higher social capital status as compared to the other two. Personally I am comfortable building relationships with people that I meet despite the differences that exist between us. I also possess leadership abilities that allow me to command respect and attention from others. All these characteristics arise from three elements of; intercultural empathy, interpersonal impact and diplomacy[CITATION And17 \l 1033]. This can be confirmed from the detailed mindset profile which lists interpersonal impact, diplomacy and self-assurance as the highest abilities.b)What I was surprised with From the results, what surprised me is that my scores from the three social capital profileswere not highly different. The results had a difference of less than 0.6 which means that I possessa balance of the three profiles both in social capital and global mindset (Li, 2017). The results indicate that I may have uniform abilities if I can work on all the three scores to achieve a balance. The abilities will give me advantage when handling different situation since I can utilizethe strengths of every measure and use them to improve my performance.
LEADERSHIP IN BUSINESS 3c)What I gained from the assessmentThe AHA results that I gained from the assessment are a mixture of different scores across all the three dimension. Each dimension had three components which were scattered across the chart when ranked from the highest to the lowest indicating a balance in the abilities (Javidan, Hough, & Bullough, 2017). These scores indicate that the measures can be improved across the spectrum to gain better advantage and improve leadership abilities. Through training and coaching, a leader can improve abilities and become a better person who can meet the needs of the organization. The leader can balance personal attributes and professional attributes to forma new blend of leadership.d)Steps that can be taken to improve leadership practiceLeadership is an ability that can be improved through learning. The GMI tool allows an individual to assess areas that need attention and at the same time the ones that need to be improved. According to the Oracle (2012) the first step in improving leadership practice is identifying strengths and weaknesses from the report. This allows developing of better abilities through minimizing weakness and improving strengths.The second step to improve leadership practice is develop a plan a plan on key skills that need to be developed. From the GMI analysis, there are areas that score lower like self-assurance and global business savvy. Such areas need to improve through skills development like coaching or training.The next step is to work on team management strategies to develop group consciousness. This includes working in people’s skills and ways of relating with others within the wok environment. Since global management requires diversity skills, then it is important to work on how to relate well with others.
LEADERSHIP IN BUSINESS 4The next step is to align individual abilities with organizational requirements. Every organizationhas a set of standards that every employee needs to observe to work well (Newton, 2015). Such requirements may include an organizational culture, skills and attributes for holding a particular position. Lastly, there is need to perfect on all the abilities that have been acquired. The best way to utilize an ability is to improve it every day. As the world keep on changing, skills and attributes also need to evolve to meet the changing needs of the environment that they are applied to (Morgeson, DeRue, & Karam, 2010). For example, customer behaviour patterns vary across different segments, thus leaders need to ensure that they perfect their skills to meet these ever-changing needs. 2. Your marketing exposurea) Marketing 1.0 product-centered approachThe product-centered approach focusses on what is being produced and requires leaders to use the linear supply chin model when managing the workplace. The method is based on the notion that any natural system like people is considered to be a resource where the distribution ofraw materials and labor are distributed in a linear form (Sifaqui & Meibner, 2002). The actors within the organization are aligned to one direction and seek linear growth to capture the largest market within the industry that they operate in. By using the product-centered approach, resources are distributed equally to balance the requirements. For example, people need to fill roles that are assigned to every position but they need to be grouped according to their qualifications and the role that they play. Randmaa, Howard, & Otto (2012) suggests that product-centered leadership is based on delivering required results within the market. As a global leader, organizational efforts have to be
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