Leadership, Management Style, Innovation, Diversity, and Global Strategy in Business Organizations

Portfolio Assignment: Seeing the Big Picture
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1. Global economy acts as one of the critical context to various business organization in
terms of expanded market size, increased demand, competition, various taste and
preference by the consumers, different prices operating etc. A business organization
being exposed to such varied market scenario often ends up having dismal in
executing in its function (Shamir, Arthur & House, 2018). For example a Japan based
firm producing video game is trying to expand its global presence in a country like
India but experiences lower market penetration due to untapped demand that leads to
lower scale of operation and profit as well.
Leaders play quite important role in operational supremacy of any organization. There
exists few important dimensions regarding effective leadership that consolidates the
success of any business operation. They are:
Honesty and Integrity: Ad important cornerstone these qualities in a leader create
immense impact on the employees or team members. More the leaders are honest
better is the chance that employees are prone to conducting ethical behaviour, speak
truth and work diligently (McCleskey, 2014).
Self Awareness: A leadership is effective when the leader knows the locus of his own
strength and weaknesses and can communicate them to the members of the team
transparently. This makes his very much approachable to the mass and well connected
increasing credibility and trust. The leader keeps room open for others opinion,
feedback and executes a decision taken collectively.
Vision: A leader having clear and stronger vision about the functioning of the firm can do
wonder for the business itself through setting up goals, objectives and strategies effectively.
Courage: The leadership should be boldly executed with clarity and soundness of mind,
knowledge regarding market scenario and global shifts in day to day life. Courage gives
confidence that allows them to take risk or make difficult decisions.
Communication: Leadership is effective when it reflects greater communication as it acts as
important source of inspiration, motivation and persuasion (DuBois, Koch, Hanlon, Nyatuga
& Kerr, 2015).
Team Spirit: An effective leadership will always contain factors that will lead to building
strong team and bond within that through experiences.
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Management style refers to kinds of ways adopted by managers to achieve any goal within
business organization through planning, organizing or prioritizing. Management styles can
be of various types like autocratic, democratic, laissez faire reflecting different ways of the
managers in different organizational situation to handle the business functions. Management
style and leadership are more or less same as any manager can turn out to be good leader for
his team, employees and motivate them to work productive and efficient (Boies, Fiset & Gill,
2015).
2. A leader within any business organization that further operates on global economy
require lot more flexibility, approachability to reach to mass and motivate them to
work more. The following kind of communication styles are best for leaders to reach
out to the mass:
Promoting Communication Style: This is appropriate to use while introducing new
ideas, employees or recognizing members and evoke enthusiasm in employees.
Analyzing Communication Style: This is important to be used when the leader
needs to give explanation lying behind decisions, actions like sales goals, rules of
compliance. Orientation towards facts is important here.
Supporting Communication Style: When the leader have to minimize disagreement,
listen carefully, understand the employees’ need then this kind of communication
helps building positive vibe.
Controlling Communication Style: Urgent situation which lack time in taking
decisions or executing action call for such communication styles where leader takes
the full control and keep lesser room for misinterpretation or delay in task
3. While effectiveness deals with efficiency of the leaders in business outcome and
ethics is concerned with moral values implied on business operations; innovation
refers to level of creativity and creative thinking applied in designing the business
plan (Wunsch-Vincent, Lanvin & Dutta, 2015). Innovative leaders don’t only have
huge ideas, imagination or visionaries but also have the capability to actually
materialize those dreams in reality through motivating the people around. This is
possible only when the leaders are following these important principles mentioned
below:
 Leaders and managers need to be blended with the organization as its soul
 Infuse the innovation and creative thinking within everyone around and
amplify them
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