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The implications of leading to an ever-changing global business environment

Leadership

The implications of leading to an ever-changing global business environment

Leaders all over the world are experiencing challenges while at the same time trying to come up with solutions to various problems. It is exciting as with challenges come great innovative ways of solving issues. Through working with multiple clients it can be established that to excel in the current dynamic global business atmosphere, leaders must find a way to apply for their roles differently especially in the areas that will be discussed below (Smith & Cockburn, 2013).

Adapting strategies to remain relevant. Clients and stakeholders need to change with the market. The decisions of a leader should be in line with what customers and the market deem as appropriate. Strategic decisions made in the past may not be beneficial in the future if they do not comply with the current emerging trends in the market. Leaders should ensure flexibility in their decision making to appear relevant in the market. For example, when a company is losing its traditional clients to a new competitor, it is due to the relevance that the new competitor has come with to the market. Therefore, one should ensure connection in service delivery as it brings with familiarity (Smith & Cockburn, 2013).

Taking an equalized approach to the essentials. Leaders are supposed to make balanced choices and have insight on tradeoffs, amend costs without going too far (Smith & Cockburn, 2013). Administrators should try as much as possible to avoid kneejerk and careless actions which can affect a company's financial value schemes and the worker's morale. It is very crucial to concentrate efforts and have transparency on firm or organization so that objectives can be correctly pursued without any hindrance. Stating precisely what a firm's goals are will protect the company's profits and growth thus achieving balance (Smith & Cockburn, 2013).

Communication tends to play a crucial role strengthening systems within an organization. With a lot of alterations and ambiguity, it is natural for people with vested interests and workers to show concern (Smith & Cockburn, 2013). It is essential for leaders to foster good working relationships with other workers. Open dialogue across a company can help in building good relationship among workers. Leaders should understand that strategies are not just formalities anymore. They should be able to adjust to the current market trends and evolve to suit any business reality. After the leader of the team provides a purpose for the team, the leader should assist the team to achieve (Smith & Cockburn, 2013).

Describing the Team Leadership Model and how it relates to current business practices

Lack of proper leadership is often associated with poor team performance within an organization (Northouse, 2013). A competent team reflects back to good direction offered by a leader. After creating a group which set out to achieve a particular set of objectives it is easier for them to implement their ideas into actions. Questions on the purpose of the team and how members should be fit into the team will be conducted by the leaders. Group tends to be useful when there is a clear sense of direction provided by the leadership. Team leadership model gives central attention to the effectiveness of the entire team (Northouse, 2013). Good leadership in a team should exhibit flexibility in behavior flexibility, problem-solving abilities applicable to a team and utilize discretion when dealing with sensitive issues and so on and so forth (Northouse, 2013).

Leadership choices directly affect the performance of a team and development through paths team leaders choose to follow. A team leaders decisions should be solely based on sound research that he has made before settling a particular decision. Therefore leaders should react to situations based on the leadership model (Northouse, 2013).

Team members' skills can be improved through coaching and encouraging collaboration among team members. Proper management of conflicts within the group will make it easier for the group to achieve their objectives (Northouse, 2013).

The picture above illustrates the steps a leader can take when building a team.

Outlining the Positive aspects of gender, diversity, culture, and teamwork that can improve overall business

Cultural diversity refers to the different composition of members of a company regarding their nationalities, races, religion or age (Aycan, Kanungo & Mendonca, 2014). Many businesses are coming into terms with the need and importance of investing their resources in ensuring diversity and inclusivity as part and parcel of their management procedures and continuously motivate their firms to build the link between principles and collaborative performance. Difference is essential in today's corporate world corporate as firms meet and socialize with clients of different cultural backgrounds. Diversity means that every part of the business will be potentially affected as result of increased productivity, creativity, new approaches, the new dialect, and expressions (Aycan, Kanungo & Mendonca, 2014). With many different minds and various thoughts integrating at one organization many answers to challenges will be obtained as each person brings in different ways of thinking, functioning and solving issues and making choices with their ability. Diversity assists to create teamwork in teams and improve communication skills that result in new attitudes and procedures that benefit the entire team (Aycan, Kanungo & Mendonca, 2014).

Applying the principles of motivational leadership within a different cultures

It requires an extra set of abilities when handling, motivating or when encouraging people from the different set of cultural backgrounds (Aycan, Kanungo & Mendonca, 2014). A leader needs to correctly interpret the condition and come up with a strategy that fits a person values and requirements. A motivation strategy can be designed through interpretation. If an analysis of a particular behavior is correct one can get the reason behind an undesired character. The proper analysis also makes it easier for one to modify or correct it quickly. Secondly, a leader can state their expectations in the manner that can be easily understood by the diverse workforce. Familiar policies and procedures can be used to bring hope into actions (Aycan, Kanungo & Mendonca, 2014).

 

 

 

References

Aycan, Z., Kanungo, R. N., & Mendonca, M. (2014). Organizations and Management in Cross-Cultural Context.

Northouse, P. G. (2013). Leadership: Theory and practice. Thousand Oaks: SAGE.

Smith, P. A. C., & Cockburn, T. (2013). Dynamic leadership models for global business: Enhancing digitally connected environments. Hershey, PA: Business Science Reference.

 

1052 Words  3 Pages
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