Characteristics of a Global Business Leader - 1098 Words

Running head: RESEARCH PAPER Research Paper Leadership in Global and Multicultural Organizations Research Paper This paper will examine and contrast the essential characteristics of a global business leader as well as evaluate the characteristics and practices that may assist multinational organizations retain their workforce and boost their morale and team spirit. This paper will also examine views regarding the characteristics and practices necessary for global leaders to successfully manage within the global virtual team environment One of the fastest-growing, high-tech office trends today is ‘virtual teams’. These teams cross time, space, and cultural boundaries and do so effectively with the use of technology.†¦show more content†¦Ã¢â‚¬Å"Communication is a key to keeping teams together and on track.† (Smith Mraz, 2001 p.70). As management of a global virtual and multicultural organization, it is difficult to maintain organizational edge regarding current global and multicultural environmental trends without good communication across the organization. Employees must be kept informed about global environmental trends that affect their professions and the organization as a whole. They must be kept informed about trends in management, policies, regulations, chain of command, roles and responsibilities and what ha ve you. There will be confusion, misunderstanding, productivity problems and quality if there is no effective communication across organizational chain. Another way by which leadership characteristics and practices can assist organizations in maintaining their edge regarding current global and multicultural environmental trends is by ensuring that leaders are social responsible. Global leaders re-examine their production and manufacturing practices and policies to ensure that those practices and policies are environmentally friendly. â€Å"The total corporate social responsibility of business entails the simultaneous fulfillment of the firm’s economic, legal, ethical, and philanthropic responsibilities. Like the CSR firm who strive to make a profit, obey the law, beShow MoreRelatedThe Challenges Of A Global Mindset1274 Words   |  6 Pagesthrough some of the challenges in conducting business globally, organizations have an increasing need for their leadership to posses s characteristics of a global mindset, because of the global economy and the expanding global workforce. â€Å"Global Mindset is having a vision in the global region that you will be doing business and understanding what it will take to succeed† (Cabrera, A. Unruh, G., 2012, p. 23). Leaders who have the characteristics of a global mindset will have greater success in workingRead MoreEssay on Leadership Challenges and Strategies in a Post-GFC World1460 Words   |  6 PagesBusiness today has to face many difficulties especially in a post-GFC world. To sustain and survive over this period, there have been many challenges that business leadership has to deal with. Besides that, business leaders has also confront with many challenges in the arrangement with the effects of the GFC. In response to this outcome, many organizations have been used innovative leadership approaches. The intention of this discussion is to discuss about these mentioned above. Firstly, there areRead MoreLeadership And The Effects Of Globalization1625 Words   |  7 Pagesadvance in technology and the increasing uniformity in business and the inter-connecting economies of the world. Terry Hogan (2013) mentions that in the very short period of 100 years, from the year 1950 to 2050, the population of the world will more than triple. It will increase from approximately 2.5 billion to over 9 billion people. â€Å"Along with the shifting locus of the world’s population has become a watershed change in the balance of global GDP† (Hogan 2013). This great and dramatic boom in theRead MoreArticle Review: Join the Global Elite934 Words   |  4 PagesReview of Join the Global Elite: Join the Global Elite is an article written by Gregory C. Unruh and Angela Cabrera whose main argument is that global leaders are made rather than born. Through this argument, the authors of the article seek to demonstrate that any individual can work to become a global leader. In this case, global leaders are individuals who engage effectively with people and organizations or institutions from diverse cultural settings. These leaders basically succeed in bringingRead MoreThe Success Factors Of Multinational Corporations1272 Words   |  6 Pagesrelated with the organization’s group of extremely competent international leaders and managers who have the global knowledge of consumer demands for services as well as products in a world scale, the knowledge of production and service capabilities, and also who can influence others in spite of diverse cultural or political backgrounds that make them think, analyze, decide, act and communicate in a different way than the leader (Teagarden, n.d). One of the challenges multicultural corporations haveRead MoreGlobal Exposure And Experience Is Not A Matter Of Choice864 Words   |  4 PagesGlobal exposure and experience is no longer a â€Å"good to have† characteristic for rising business leaders, it has now become an imperative â€Å"must have.† The Executive Leadership Council white paper, â€Å"21st Century Global Leadership: Global Black Leaders Speak† postulates that, â€Å"Successfully adapting to change – learning how to lead, manage, and win in this environment – is not a matter of choice; it is a matter of survival.† This statement clearly delineates the urgent and crucial need for business leadersRead MoreCase Study : Bin M Self Reflection Paper1033 Words   |  5 Pagesdeveloped by behavioral researchers to test my skills, abilities and interests. The exercises include; Emotional Intelligence Assessment, Individual Ethics Rate, Entrepreneurial Intentions Scale, Organization Structure Preference Survey, International / Global Manager Potential Scale, Leadership Style Assessment, Dominant Needs Assessment, Communication Style Assessment. Completing them, I was able to gain knowledge and understand my behavior with strengths and weaknesses as a manager and employee. OneRead MoreCoca Cola Company : The Worlds Largest Beverage Company1270 Words   |  6 Pagesprovide samples to a local pharmacy in Atlanta for â€Å"trial runs.† The â€Å"trial runs,† were necessary for Pemberton to gain approval from the general population to assure sales of his modified formula and in 1886 he gained their approval. Pemberton’s business partner, Frank Robinson, named and branded the product. However, Coca-Cola was not advertised or sold as a soft drink. Originally it was advertised and sold as a cure all drink. It was advertised to cure morphine addictions, headaches, and muchRead MoreManagement and Leadership1558 Words   |  7 Pages At Frito Lay leaders and managers play an important role in maintaining healthy organizational culture. This paper will also evaluate the affect of globalization and management at Frito Lay. The roles of both managers and leaders are vital for an organization. The unique processes and qualities of a leader set him or her apart from being just a manager. A manager works with the structure, organization, staffing, and monitoring of daily activities. On the other hand, a leader sets the directionRead MoreRole of Ethics, Integrity and Character Essay example697 Words   |  3 PagesPersonal characteristics make a difference - the difference between theory and practice, between fantasy and real life, between the way things happened and what you want. Character explains the origin of all things.personality of a human being, even arrogance, would be a strong ally of your self. If you can research and find out the influence of personality for the business, as well as control character, promote or limit it, you will achieve business efficiency. Personal characteristics also are