The Impact of Globalization on Leadership and Management...

Globalization, both as an ideology and process, has become the dominant political, economical and cultural force in the 21st century. Quote from Globalism: The New Market Ideology by Manfred D.Steger Merriam-Webster defines globalization as â€Å"the act or process of globalizing: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor market.† Before the recent increase in globalization, organizations usually considered their customer base and market to be their country of origin, however with the rapid spread of diversity,†¦show more content†¦According to Adamson, et al (2004), managers must display skills of strong business knowledge, must have an awareness and sensitivity to cultural differences and standards, and must show courage, commitment and integrity (p . 54). Anyone can be a ‘good leader’ but if you are a leader with a great sense of work ethic, personal and professional integrity and determination for success, then managing a large diverse group of people wouldn’t poise such a challenge. As organizations change, leadership must find ways to adapt and adjust to those changes. Many times it’s the inability of being open-minded to new ideas, beliefs, thoughts and cultures that prevent individuals from moving forward. Saner (2004) states, â€Å"Increased globalization and integration of information technology have brought about a fundamental rethinking of how to conduct business and how to lead a complex organization for continuous improvement and reinventing of the organization† (p.654). In any organization, change brings resistance, but with positive managerial and leadership skills, accepting the challenges that come with diversity such as ambiguity, complexity, resistance and confusion, will give managers the foresight to effectively and efficiently implement processes that will benefit the organization as a whole. If I was responsibility to lead a multinational organizational, I would first recognizeShow MoreRelatedTransformational Leadership : An Ever Evolving Art1332 Words   |  6 PagesTransformational leadership is something I have experienced as both an employee and manager. So I relate to this style and I recognize the possibilities within. However, this style of leadership is not easy in today’s workplace. This is especially true when you try to be positive to employees who display negative attitudes all the time. So this can be challenging for some managers. In this paper, I will talk about transformational leadership as part of the future of management. 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