Global Leadership: Challenges and Strategies in Modern Management

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This essay examines the multifaceted challenges and opportunities that leaders and managers encounter in today's globalized business environment. It highlights the overlapping nature of management and leadership, emphasizing the importance of influence and people management. The essay delves into various external and internal factors posing threats to organizations, including increased market competition due to globalization and personal challenges such as adapting to different cultural perceptions. It discusses challenges like information overload, employee motivation, high turnover rates, and departmental communication barriers, particularly in diverse environments. The essay also explores how leaders can overcome these challenges by adopting technology, fostering open communication, streamlining information intake, improving training systems, and creating shared goals. It emphasizes the need for leaders to understand market trends and proactively plan to leverage opportunities while mitigating risks. The essay concludes by underscoring the importance of proactive leadership in navigating the complexities of a globalized world, utilizing diverse talent, and adapting to change.
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Running Head: MANAGEMENT 0
ENTERPRISE LEADERSHIP
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MANAGEMENT 1
Management and leadership are known to be as overlapping concepts and they are also
practically interrelated to each other. Nienaber (2010) stated that a leader is someone who has
followers and attaining followers requires a lot of influence. While leadership is described as
having followers, management concern about managing people in an organisation. It states
the process which is used to attain goals in an enterprise.
In the modern global business, there are many external and internal factors that are posing
threats for the respective organisation in a specific industry (Caligiuri & Tarique, 2012). One
of the major aspects that are making it difficult for the firm to operate is Globalisation as it
leads to considerable increase in the market competition which causes major impact on
medium and small scale firms. Some of the personal challenges are also faced by the leaders
including international experience to gain understanding of various emotional dimensions of
working in different cultures and with different perceptions. For example, When American
leaders go abroad, there are now not belong to native political system which impacts their
prospects of uphill the corporate ladder. Japanese treat returning expats as stained by their
global practice. In the same way, Europeans are more contented with international exposure
as they consider they are engrossed in a diverse environment from birth (Maranga &
Sampayo, 2015).
There are various external elements also that are addressed by global leaders and managers
and some of these elements are uncontrollable. This issue occurs when the world befits more
unified and be rely on different bases which may be controlled by others in dissimilar nations,
possessing other culture and with different world perceptions.
Some of other significant challenges include overloading of information as managers and
leaders now have access to wide archives filled with information that can significantly
enhance their decision making, however, the data offered with on regular base can be
prodigious (Ready, 2004). It may be quiet challenging for the leader or manager how to
excerpt the relevant information and convert it into planned direction. Other challenged
include keeping the employees motivated and match up their individual goal to the
organisational strategic goals. Global environment also brings out various opportunities to the
personnel such as availability of larger numbers of organisations that are offering
employment (Robbins, Bergman & Coulter, 2018). This brings out an internal challenge to
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MANAGEMENT 2
leader and manager with high employee turnover and thus they may sometimes find it
difficult to cope up with this change. With regards to this, a significant challenge for
managers and leaders is to understand and manage issues between various departments of
organisation whether at corporate level or operational level and thus creates barriers across
communication. This challenge is more complex and significant if divisions are operating
from a difference (Watkins, 2012). In last, other challenges may include leaders to learn
about various factors in relation to government, legal and economic impact that may impact
the working of an enterprise. Some of these factors are outside the control and perspective of
a leader as it required new way to approach rather than traditional way. For instance, the
challenge of workforce diversity involving employees of different dimensions such as gender,
creed, caste and nationality. With this composition of personnel, manager need to form up
new strategy, unlike the traditional way where they were manages just with consideration of
all men, or all white.
To overcome these challenges, it is important for enterprise leaders to adopt various
technology so as to address the misunderstandings in a business environment (Popescu,
2013). These misunderstandings can be related to differences in cultures, groups and teams in
relation to high-performance organisations. Considering unified supranational cultures, global
leaders need master skills that will let them to develop relationship and interact from a
distance. Leadership is not a popularity contest as it is a serious responsibility where they
need to seize the opportunity within the conflict before any overly disruptive chaos. To
control issue or conflict in a constructive way, it is important for the leader to access full
potential of the team and ultimately drive the best results by embedding openness in the
organisation culture.
The challenge of information overloading can be overcome by the leader with employing
several strategies such as streamlining the intake capacity, addressing of information
crutches, developing a distribution system, continuous review and update (Story, 2011). It
will help them to take out strategic and timely decision in relation to relevant information.
Considering employee motivation and reducing turnover ratio, leaders can focus on
improving communication and training system which may include continuous monitoring,
coaching and other procedures that can benefit in addressing respective issues (Lisak & Erez,
2015). Leaders can also go up with employee engagement that is the key to many circles
causing challenges. This is used to define associates of an enterprise who are individually
invested in their work and in the achievement of their organisation. Success enterprise and
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MANAGEMENT 3
effective leaders discover means to enhance their odds, preferably building up a culture and
climate in which all associates are truly involved.
The enterprise leaders also need to create shared goals by identifying a common ground with
honoring differences (Beechler & Woodward, 2009). It is important for them to understand
and appreciate other cultural perspectives and align work and the mission. In addition,
enterprise leaders also need to timely undertake the prevailing market trend relation to
customer preference, competitor strategies, government policies, economic stability, social
considerations, etc. so as to build proactive plan in light of all these factors.
To complete, period of global environment moves up with both opportunities and challenges
that nurture leader capabilities and skills in relation to its growth of skills and competencies.
It is true that leaders cannot be prepared for every situation, cultural setting and market
demand, however, with proactive role, it is possible to think and act in new and strategic
ways that may remove various multiple layers of complexity in relation to multiple global
setting. With this approach, there will be optimum use of the diverse talent required in global
business environment and change.
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References
Beechler, S. & Woodward, I.C. (2009), The global “war for talent”. Journal of international
management, 15(3), Vol.15, no. 3, pp.273-285.
Caligiuri, P. & Tarique, I. (2012), Dynamic cross-cultural competencies and global leadership
effectiveness. Journal of World Business, Vol.47, no. 4, pp.612-622.
Lisak, A. & Erez, M. (2015), Leadership emergence in multicultural teams: The power of
global characteristics. Journal of World Business, Vol.50, no. 1, pp.3-14.
Maranga, K. & Sampayo, J. (2015), Management and leadership in a global
environment. Journal of Management Policy and Practice, Vol.16, no. 1, pp.83-88.
Nienaber, H. (2010), Conceptualisation of management and leadership. Management
Decision, Vol.48, no. 5, pp.661-675.
Ready, D.A. (2004), Leading at the enterprise level. MIT Sloan Management Review, Vol.45,
no. 3, pp.87.
Popescu, G.H. (2013), Macroeconomics, effective leadership, and the global business
environment. Contemporary Readings in Law and Social Justice, Vol.2, no. 1, pp.170-176.
Robbins, S., Bergman, R. & Coulter, M. (2018), Management, 8th edn, Pearson Australia.
(Chapter 2 and 18).
Story, J.S. (2011), A developmental approach to global leadership. International Journal of
Leadership Studies, Vol.6, no. 3, pp.375-389.
Watkins, M.D. (2012), How managers become leaders. The seven seismic shifts of
perspective and responsibility. Harvard business review, Vol.90, no. 6, pp. 64-72.
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