Personal Reflection Introduction Over the last several years, globalization has been having a profound impact on the way businesses are operating. This is because the elimination of trade barriers is giving firms access to a pool of cheap labor in countries such as: China and India. At the same time, many companies are looking for employees that are highly specialized (who can help to increase their bottom line results). To attract the best talent, the most successful firms have been able to integrate effective leadership into their organizational culture (i.e. Southwest Airlines and Starbucks). This has helped the firms to dominate the marketplace and redefine the customer experience. What has made these companies so successful is their effective organizational leadership that is in place. This is allowing them to adjust with new challenges and reach out to a larger demographic of customers. These ideas are illustrating the way that strong leadership will have an impact on the work environment and the strategies that are utilized by firms. (Daft, 2008, pp. 421 422) My recent application for admission is taking into account how I can use these concepts to have an impact on the business world. This is because I have the real world experience and practical knowledge to make an immediate effect inside any organization. At the same time, I have the personal references and a level of preparedness to deal with whatever challenges I am facing. The combination of these factors
There is a great importance put on business leadership, this is directly due to how a business not only functions but in how fruitful the company can become. A great leader essentially can take a business plan that is weak yet turn it into a success, whereas a poor leader stands a higher chance of ruining the best of business plans. That is why it is essential to develop effective leadership throughout a companies entire management program at all levels. How does one develop or retain strong leadership? Companies must be focused on hiring strategies that encompass very specific parameters, building from within whilst creating a strong foundation for employee development and succession planning. Leadership is essential in any organization. The style and theory embraced determines whether the company will or will not achieve their goals. in all cases theory must be embraced, as a companies theory, style, and strategy is greatly dependent on the industry the company is in (Sadler, 2014). “The behavioral theory is one of the widely used theories of management. It suggests that leaders are made and not born. It gives room for training to install leadership traits in leaders at the expense of denying them a chance. There are various leadership styles embraced by companies (Cyert, & March, 2005).” This paper takes a look at the management styles of two specific
When it comes to globalization, everyone may have a different vision of it’s outcome. For Marcelo Gleiser, the author of “Globalization: Two visions of the Future of Humanity”, a completely globalized world may result in a dystopia. In contrast, Jeffrey Wasserstrom, the author of “A Mickey Mouse Approach to Globalization” and Tanveer Ali, the creator of “The Subway Falafel Sandwich and the Americanization of Ethnic Food” may think of globalization as other cultures sharing each other’s components to interact on a new level and spurring a more “open-minded” (Ali 27) individual.
Individual Identity: Every year my family tries to take a trip back to China in order to see family. On trip back played a big role in shaping my identity. In the summer of 2012 I had the daunting task of travelling alone China. This consisted of mastering the Chinese phrases needed to guide me along the way and some way of figuring out how to transfer flights. Surprisingly the hardest part was not finding my way it was merely being alone I found that I got very lonely in the long 14 hour trip and I needed to find a way to occupy myself in order to avoid loneliness. The things I learned from being lonely help form my identity. I found that the more I tried to push away the loneliness the more it just came
Business leaders can get caught up in the overwhelming pressures of preparing their companies to grow and meet the challenges in a global economy. These leaders understand the need for organizational changes and adaptations but fall short of achieving their goals when their leadership styles do not inspire or motivate their followers. It is critical that leaders understand their particular style of leadership and the impact it has on employees, peers, and company success. The need for effective leadership is just as critical in the public sector as it is in business.
The most communicated organizational need in the global business environment is organizational leadership. Today, more than nine hundred universities and colleges exist to train, teach, and educate those who wish to become leaders in the specific topics of organizational leadership. Moreover, publications that inform benchmarks, best practices, and basic leadership concepts are becoming must read material in the global organization. Even though leadership may be defined in many different ways, the substance of the definition is similar. Leadership has been said to be a trait, an ability, skill, behavior, and relationship (Leadership & New Leadership Styles, 2016). No matter what leadership is to the individual, leadership is needed and
“Leadership and management must go hand in hand. They are not the same thing. But they are necessarily linked, and complementary. Any effort to separate the two is likely to cause more problems than it solves” (Murray, 2010). This paper will differentiate between leadership power and management. At Frito Lay leaders and managers play an important role in maintaining healthy organizational culture. This paper will also evaluate the affect of globalization and management at Frito Lay.
Effective leadership increases an organization’s ability to meet all challenges, including maintaining a competitive advantage, the need to foster ethical behavior, and the need to manage a diverse workforce fairly and equitably. Managers at all levels and in all kinds of organizations have their own personal leadership styles that determine not only how they lead their subordinates but also how they perform the other management tasks (Jones & George, 2009).
Since the early 1990’s, the term globalization has become a bit of a buzzword, prevalent in the speech of policy makers, popular press, and academic journals. It is used frequently to describe the …. . Its consistent use has led many people to a certain understanding of it most basic meaning, but it is an immensely complex concept that can not be truly understood at the top layer of meaning which is prevalent among general society. There are multiple varying definitions for the globalization phenomenon.
With the aid of modern advanced Information and Communication Technologies (ICT), organizations now have; increased ability to purchase and sell product on the international market, ease of fund transfer across country borders, and enhanced ability to source labor from any part of the globe. Globalization has changed the business environment; as a result, there is a need to develop new leadership and management models that can meet the modern challenges of the new global economy (Ereba, 2015).” Globalization and other business culture changes have made management and leadership even more of a priority. Organizations have to find leaders who can guide them through the changes successfully. Transformational leadership would allow leaders and front line managers to be more flexible and adaptive to the changes within their work/business culture.
Effective leadership is believed to stem from characteristics of someone that is able to inspire those around them, developing relationships with their subordinates and peers, their purpose is to lead. Within an organization leaders are to engage followers on a common mission and purpose. Corporate culture is a relevant force within organizations and satisfying employee’s needs are becoming more relevant to retention, as well as aligning an organizations shared values. Organizations have a leader and then there is a trickle down of leaders (also followers) to the lowest end of the totem pole. How effective is a corporate culture from the top to the bottom? An organization may create a
The definition of leadership is the action of leading a group of people or an organization. Leadership is not a title; however, it is the ability to persuade, convince, conduct, motivate, and inspire individuals to engage with a vision to the achievement of a goal. The challenge that leaders have is to be able to adapt or adjust their leadership style to each situation. Some leaders might find that being more commanding or authoritative to their employees is more effective, however some may find being more democratic and giving their employees a voice is more meaningful. Based on the six leadership styles created by Daniel Goleman, this paper will introduce and analyze the leadership effectiveness of three successful CEOs: Michael Eisner, Larry Ellison, and Andrea Jung. It will briefly explore their background, how they became successful, and how they lead/led their companies.
The landscape of business has changed in the past 20 years. The make-up in the demographics of staff members as well as the geographical location of those team members has broadened (Suk Bong, Kihwan, & Seung-Wan, 2017). To remain competitive in today’s business environment leadership styles, as well as a new perspective in how to lead, must take place (Franco & Haase, 2017). Leadership effectiveness is a critical concern in world business, social problems, human resource management and development, all effect employees of a company (Warrick, 2011). How to perform as an active leader efficiently in today’s increasingly tough business market is vital to all business and workforce management.
Executives tend to ask the question of what defines leadership upon choosing a leader or training a current leader. Leadership is an influence process in which individuals sway the thoughts and actions of other individuals in order to accomplish a set goal or task (Blanchard & Hodges, 2003). For that reason, a “leader is one who is in a position of authority or guidance, where he or she is responsible for the results that are demonstrated by those who are under his or her direction” (Blanchard & Miller, p. 10). An examination of the literature reveals that leadership effectiveness is intertwined with ones organisational performance (Howell & Avolio, 1993). As proposed by Du Brin (1998), “To be a good leader one has to make a
Leadership in the workplace is an essential but rare commodity. In many organizations leadership is interchangeable with management, but a great organization will recognize the vital roles that both positions hold. Leadership is the compass that steers management through the treacherous waters of the free market. Consequently management leads its employees through the everyday tasks that will build the foundation necessary in order to obtain the organizations long term vision. It is my experience that most companies, especially my last employer, have little experience in leadership thus overexerting the management team. This creates a difficult and hostile work environment where employees experience little motivation to complete
There are many ways to look at and understand modern globalization. In general terms, globalization means that the world, as a whole, is leading to a more utopian society, meaning that the globe is become very interconnected and similarities are growing between different regions and cultures of the world. Globalization is a phenomenon that has been evolving since before 10,000 B.C. This constant evolution can cause many problems, but it can also solve many issues positively as well. Development of any country, however, seems to be a key issue when discussing globalization. Globalization and development present two different factors in the world today. Many countries are lacking in their own development while the world around them is becoming more developed and globalized. Globalization hinders development because with globalization, less developed countries depend on more developed countries to help them to sustainability and self-reliance.