Report: Challenges and Strategies in Global Business Leadership

This report delves into the complexities of the global business environment, emphasizing the crucial roles of leadership and management. It highlights the challenges leaders and managers face, including technological innovation, cultural differences, and internal conflicts. The report stresses the importance of understanding the distinct roles of leaders (focused on influencing and innovation) and managers (focused on maintaining order), and how their collaboration is essential for achieving organizational goals. It examines the need for managers to develop skills in environmental analysis, strategy formulation, and compliance with international regulations. Furthermore, it addresses the importance of managing a diverse workforce, adapting to environmental changes, and fostering effective communication and conflict resolution within teams. The report concludes by underscoring the necessity for global leaders to possess a global mindset, encompassing openness, flexibility, and the ability to analyze and implement knowledge effectively to drive business performance.

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STUDENT DETAILS
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Introduction
The Global business environment is much complex and unpredictable. As the activities
within the global business environment take place depending upon the global industry
requirements, therefore it is required that the leaders and manager prepare and plan the
organisation's activity so that they can overcome such global challenges (Maranga &
Sampayo, 2015). The global leaders within the organisation focus on continuous learning and
knowing the business environment and its working is the basic aspect of global leadership
(Cseh, et al., 2013). However the leader and manager both have a distinct identity within an
organisation, the leaders have a distinct identity and have skills to lead the people and have
unique managerial talent (Simonet & Tett, 2012). It is required that the managers and leaders
within the organisation effectively understand their role and work accordingly so that they
can deal with global business issues and achieve organisational goals and objectives.
Role of Leadership and Management in the Global
Environment
To effectively lead the business towards success in global environment it is required that the
leaders as well as managers effectively understand their job roles and work accordingly, as
the managers are focused on maintaining order, key values and the leaders are more flexible
and are focused towards influencing employees and innovation within the organisation, both
the leaders and managers should work effectively so that the organisation’s goal can be
achieved (Simonet & Tett, 2012). The leaders and the managers face various internal and
external challenges while working within the organisation. As they are required to have the
knowledge of the business environment they are dealing with and have to focus on the
transformational aspect within the business organisation so that the challenges such as

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technological innovation, cultural differences and the various conflicts within the
organisation can be addressed (Maranga & Sampayo, 2015).
The managers are required to acquire certain skills to become a successful leader that would
drive the organisation towards achieving success within the global environment. The
overcome the challenges the managers are required to effectively analyse the business
environment, and form strategies according to that environment, also the organisation
interacts with various international laws and regulations that have their effect on the business
operations. Therefore it is required that the manager or the leader focus on such issues and
develop agendas on which the organisation must focus on while working within the
organisation (Watkins, 2012).
The leaders operating within the global environment are required to deal with developing the
employee performance, by effectively providing them with proper guidance and support so
that the global challenges within the organisation can be addressed effectively. As while
working globally, the leaders must manage a team of global and diverse employees, having a
different cultural background and experiences, therefore the leader or the manager must deal
with such diverse workforce to ensure the business effectiveness (Voegtlin, et al., 2011).
The business leaders and the managers operating within the global environment are required
to effectively analyse the business change requirements in the global business environment
and deal accordingly. As to continue the business operations, it is required that the leaders
and managers within the organisation focus on environment evaluation and find out the areas
where change is required to be implemented. Analysing and managing the environment
change is the key challenge that the leaders face while operating within the global
environment (Adekola & Sergi, 2016).

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The business effectiveness can be effectively achieved by understanding the conceptual
difference between the leadership and management roles within the organisation, as
depending upon the business requirements the managers and leaders can have different
approach within the organisation. The leader or manager can be a single individual or maybe
an element of the organisational hierarchical structure (Simonet & Tett, 2012). In global
business environment, the organisation faces the challenge of managing the managerial
effectiveness, and such effectiveness can be effectively maintained through ensuring an
effective communication flow within the organisation and through a proper understanding of
operational roles so that the individuals can be held accountable and the organisation’s goal
can be achieved effectively (Nienaber, 2010).
The leaders within an organisation are required to be skilled enough to judge and evaluate the
workforce within the organisation, so their effectiveness and efficiency can be improved, and
to evaluate and improve the skills the mangers have to set certain guidelines and criteria
based on which the effectiveness of the employee within the organisation can be evaluated
(Watkins, 2012). The global leaders are required to develop a global leadership mindset to
achieve effectiveness within the organisation. The global mindset includes the leader's ability
to openness while analysing the business environment, maintaining flexibility within the job
roles, having knowledge of selection and analysis of the global business environment and the
skills to effectively implement such knowledge within the daily practice (Cseh, et al., 2013).
The global business leaders face the issue of conflict among the team members, due to
difference in their culture or experience, and the leaders have the responsibility to effectively
evaluate the conflicting reason and provide a solution that would resolve the conflict along
with maintaining the work efficiency of the employees (Maranga & Sampayo, 2015).
Handing the internal conflicts within the organisation is required to ensure the smooth
working of the organisation, and achieving the organisational goals and objectives.

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Conclusion
The Global business environment is much complex and the business leaders are required to
effectively analyse the environment before taking any decisions related to business
operations. The managers as well as leaders have a different identity within the organisation
and are focused to work accordingly. The leaders face various challenges and issues while
working within the global environment and are required to take necessary decisions to
overcome such challenges and issues. The leaders are required to effectively understand their
job roles and responsibilities within the organisation and lead the organisation towards the
improvement of business performance. The business leaders are required to effectively
analyse the workforce capabilities and judge them accordingly so that any conflict arising
within the organisation due to the employees and their diversity can be avoided.

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References
Adekola, A. & Sergi, B. S., 2016. Global Business Management. 1st ed. London: Routledge.
Cseh, M., Davis, E. B. & Khilji, S. E., 2013. Developing a Global Mindset: Learning of
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Maranga, K. & Sampayo, J., 2015. Management and Leadership in a Global Environment.
Journal of Management Policy and Practice, 16(1), pp. 83-88.
Nienaber, H., 2010. Conceptualisation Of Management And Leadership. Management
Decision, 48(5), pp. 661-675.
Simonet, D. V. & Tett, P. R., 2012. Five Perspectives on the Leadership– Management
Relationship: A CompetencyBased Evaluation and Integration. Journal of Leadership &
Organizational Studies , 20(2), pp. 199-213.
Voegtlin, C., Patzer , M. & Scherer, A. G., 2011. Responsible Leadership in Global Business:
A New Approach to Leadership and Its Multi-Level Outcomes. Journal of Business Ethics,
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Watkins, M. D., 2012. How Managers Become Leaders. Harvard Business Review, June, pp.
3-10.