The paper 'Leadership Styles Used In Multinational Companies' is a wonderful example of a Management Essay. In the present day, there are numerous companies that run on a multinational dimension, and a number of stakeholders and critics might develop the view that with the globalization of enterprises and the enhanced national connections mean reduced effect and consideration of the many cultural differences that have been merged. However, it is vital to note that with increased business interaction and reduced recognition of the cultural boundaries, sets of cultural demands arise, making it necessary for the management of multinational companies to identify the novel situations and opportunities alike, and take effective leadership steps to respond effectively to these aspects.
It, therefore, follows that there must be universal forms of leadership that must be applied as effective strategies of ensuring effective leadership of organizations that operate on a multinational scale. The underlying understanding of these leadership styles thus calls for three actions within the management; the ability to mobilize employees towards the desired goal, nurturing meaningful bonds with other stakeholders in the multinational organization and providing adequate direction for others to follow.
These are the basic leadership skills that are applicable in the process of providing direction for the organizations, the management’ s role. It means that the leaders must be sensitive so as to recognize the cultural barriers by identifying their own practices so as to differentiate them from those of the host nation. This essay is an examination of the three most popular styles of leadership that has been adopted for the effective running and success of multinational companies upon which the management relies, with an analysis of the differences between the styles. Leadership stylesAutocratic LeadershipThis form of leadership calls for total control and authority over the process of making vital decisions that affect the organization.
Cooper (2002) argues that the leaders who adopt the autocratic form of leadership practice complete and close supervision on the workers while controlling their actions as a result of the powers and responsibilities given to them.
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