Globalized Enterprises: Leadership Theories and Strategies Explored

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Added on  2021/01/11

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This essay explores leadership theories and strategies relevant to enterprises operating in a globalized environment. It emphasizes the importance of effective leadership in navigating the complexities of international markets and fostering organizational growth. The essay discusses various leadership styles, such as autocratic and democratic, and their impact on employee performance and motivation. It highlights the significance of leaders understanding employee needs and adapting strategies to address challenges like high employee turnover. Furthermore, the essay examines the integration of leadership with organizational objectives and the role of leaders in motivating employees to embrace change and support strategic initiatives. The paper also references academic sources to support its arguments, providing a comprehensive overview of leadership in a global context.
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QUESTION 8
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Contents
Theories appropriate for enterprises in a globalised environment and strategies that can be
developed by leaders that integrate all aspects of organization.......................................................1
REFERENCES................................................................................................................................3
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Theories appropriate for enterprises in a globalised environment and
strategies that can be developed by leaders that integrate all aspects of
organization
Around the world, there are companies that are deliver their customers with similar set of
products and services. The rate of competition is raising tremendously and so it is important to
make sure that appropriate steps are taken so that issues faced can be solved in effective manner.
Main focus of any firm is to gain maximum profit (Voegtlin, Patzer, M and Scherer, 2012). This
is only possible when they are able to understand the need and requirement of customers and
deliver them services accordingly. Further, organizations develop aim and objectives so that they
are able to develop path on which it can be attained.
In all these aspect, there are requirement of leaders who can guide and direct workers
with the help of which they are able to work with their full efficiency. When customers are
satisfied, then it has positive impact over the growth of the business. One of the effective theory
that can be used by companies in globalized market is with the help of various type of leadership
styles that can used. These are effective enough to make sure that all the workers are able to
perform with their full efficiency (Prewitt, Weil and McClure, 2011). Employees are the face of
organization as they are the one who present the products and services that are delivered by the
organization. In situation when employees are not able to perform their set of roles in effective
manner, then it causes serious issue for the firm to grow in positive direction. There are various
type of leadership styles like autocratic, democratic, etc. All these leadership styles have their
benefits and disadvantages.
There are many theories related with leadership and it also includes certain set of
perception that are carried out. With this respect, as per the view of some of individuals it can be
stated that leaders a born and there are few of state that they become leaders with the situations
and experience that get. Leaders play vital role in order to make sure that all the employees are
provided with appropriate direction and support so that they can contribute effectively towards
the growth of organization (Poff, 2010). With the company, there are issues that are being faced
among employees and these are important to be considered so that they do not get demotivated.
To perform any work, it is required to have certain level of motivation so that they are able to
work in effective manner. There are many problems that are faced by employees and as a leader
it required to have strong interaction with employees in order to take up steps that can make the
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business to perform in effective manner. In accordance with the situation, leaders are required to
react so that they can analyse the situation and take up most suitable step that can help to
overcome the problem efficiently.
In order to develop any type of strategy from the side of workers, it is required to
consider the type of perception that are carried out by workers. There are many effective ways
that are implemented by the firm and these are done so that they are able to raise their sales and
profitability. It becomes important for the leaders to make employees understand the importance
of strategy and all workers support. However, there are situation in which leaders are able to
make employees motivate and accept the changes immediately. It is important that there is
proper support from the side of workers received to leaders. When the skills that leaders possess
is not effective enough, then they fail to motivate or to direct them towards the goals in
appropriate manner (Jenkins, 2012). When employees are under any type of problem, then it
becomes difficult for them to perform the set of roles in appropriate manner. It is important for a
leader to interact with employees and the issues that are faced by them are considered and steps
are taken with the help of which they make workers boosted up for the work and support the firm
to grow in positive direction. Further preferences of management should also be considered. It is
identified that majority of the companies face issues related with high employees turn over.
Employees leave the firm due to different reasons. In this context, it includes low motivation,
lack of training, etc. Leader need to understand the condition and take up steps accordingly.
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REFERENCES
Jenkins, D., 2012. Global critical leadership: Educating global leaders with critical leadership
competencies. Journal of Leadership Studies, 6(2), pp.95-101.
Poff, D. C., 2010. Ethical leadership and global citizenship: Considerations for a just and
sustainable future. Journal of Business Ethics, 93(1), pp.9-14.
Prewitt, J., Weil, R. and McClure, A., 2011. Developing leadership in global and multi-cultural
organizations. International Journal of Business and Social Science, 2(13).
Voegtlin, C., Patzer, M. and Scherer, A. G., 2012. Responsible leadership in global business: A
new approach to leadership and its multi-level outcomes. Journal of Business
Ethics, 105(1), pp.1-16.
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