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Challenges Faced By Leaders Face Resource Constraints On Globalization, Mergers And Acquisitions, Maturing Products And Technology

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Introduction Leaders face many different challenges as they move their organizations forward. The marketplaces are changing due to globalization, mergers and acquisitions, maturing products and technology. Leaders face resource constraints whether that is capital, human, or outdated equipment. In addition, leaders must wrestle with political, economic, social, technological, legal, and environmental risks to their organization. The question becomes how do effective leaders not only manage to navigate these environments but thrive in these environments. It starts with the way leaders think. The 4 Lenses One approach to thinking is to use what is known as the 4 lens approach (Ryan, 2006). The first lens is control. When adversity comes the leader begins by figuring out what it is they can improve now. This lens helps the leader to start improvement and progress in the present. There is not a focus on the past at this point. There will be time for reflection later; the goal is to make improvement now. The second lens is impact. This lens is difficult at times as the idea is to focus on the positive effects of your responses here and now in the present. Understanding that there will be time to diagnose the root cause of the problem later. The leader can dictate the reaction to the challenge whether that is anger, disappointment, dejection, victimization, or a rush to excitement. The third lens is breadth. Is the cause of the problem specific or

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