Answer:
Leadership:
Leadership refers to the behaviour and process involved with organizing a group of people in order to achieve a common purpose or goal. A leader of a global organization is known as a global leader.
Roles of a Global Leader:
The business environment is dynamic in nature. There is an increasing trend towards globalization of businesses. In such a scenario, the demand for global leaders has also increased exponentially. The global leader has to play a variety of roles. The roles of a global leader as given by Henry Mintzberg are:
• Monitoring: This includes the scanning of the business environment, seeking information and monitoring the different units of the company.
• Spokesperson: This role includes the communication and dissemination of information to the different stakeholders of business. The leader will also have to communicate and represent the company to the outside world.
• Liaison: The liaison role deals with networking and co-ordinating. It leads to expanding the business across the boundaries.
• Leader: The global leader has to motivate individuals and build teams by maintaining the corporate culture.
• Negotiator: The global leader will have to negotiate deals and manage conflicts in the organization as well as outside.
• Innovator: A global leader should be able to seize opportunities and generate new ideas. He/she should be able to promote the vision of the company.
• Decision maker: A global leader should have the decision making ability.
• Change agent: The global leader should take such actions that it helps to bring changes and development of the company.
Answer:
Leadership:
Leadership refers to the behaviour and process involved with organizing a group of people in order to achieve a common purpose or goal. A leader of a global organization is known as a global leader.
Leadership is Leadership the world over:
The business environment is very dynamic in nature and the markets have become an open place. So, businesses are expanding to other countries. In such a situation, the company will have to work with a global team. Being a leader of such a team implies that the leaders should have global leadership skills. The statement i.e. leadership is leadership all over the world is a misconception. Though it may appear that leadership is the same all over the world, it is not true.
In case of a global business, the leaders should have not only leadership skills, but also additional skills i.e. ability to handle increased multiplicity, interdependence and ambiguity. These skills are essential only for a global leader. The multiplicity increases as there are more number of stakeholders involved in a global business. The interdependence increases due to the presence of more number of people in the value chain. Increased ambiguity is due to the various ways in which the data has to be interpreted for further decision making in the company. Thus, global leadership is more complex than domestic leadership.
Answer:
Leadership:
Leadership refers to the behaviour and process involved with organizing a group of people in order to achieve a common purpose or goal. A leader of a global organization is known as a global leader.
Global teams:
The business environment is very dynamic in nature and the markets have become an open place. So, businesses are expanding to other countries. In such a situation, the company will have to work with a global team. A global team is defined as a team that is characterized by high level of diversity, geographic dispersion and virtual rather than face-to-face interaction. These teams have members in multiple locations i.e. in more than one country. The members will have different cultures, time zones, economic and corporate contexts, languages etc. Thus, managing a global team and working towards achieving a common goal is a challenging task.