Effective global leadership

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Reference no: EM131384061 , Length: 1200 Words

Write an Essay on Topic: "Effective Global Leadership"

The purpose of this essay summarizes the importance of a new perspective in leadership that is a global mindset. The different environment of different sovereign countries that have factors that are strange and foreign to the home environment of an organization, but it has the influence on the decision making of an organization's resource use, and capabilities are known as the global business environment. The global business is important because it acts as a backbone of the global economy. It also gives an opportunity to grow outside the domestic market. It creates jobs, balances seasonal fluctuation, increases sales, and provides an array of products and services. For functioning effectively and efficiently, it is important that the companies operating globally understand the environment of the host country. And for that, a company needs a leader with a global mindset. It is necessary that a company operating globally has a leader who can work across multiple cultures, understand what a hosting company can offer to the organization, and also attain the goals set by the organization in the global market.

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Conclusion A global leader is one step ahead of a local leader because it has more responsibilities to handle by taking in account the beliefs and culture of the host country. Today every organization is stepping outside its local boundaries and entering the global market where the threats, opportunities, strengths, and weaknesses are totally different from the local country.

Reference no: EM131384061

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