The paper "Challenges Associated with the Implementation of Global Leadership Development in Multinational Enterprise" is an outstanding example of management coursework. The speed that business transformation has changed, organization and business associates have in the recent days demanded successful, malleable and devoted leadership. This fact has presented a great challenge to much multinational organization as it has to develop quality leadership in spite of the challenges they experience. The old fashioned managerial skills including financial acumen, marketing prowess and manufacturing expertise are of great importance but they are not sufficient for the transformation of the organisation and its sustainability (Lotti, 2006, pp.
6-p. 9). Therefore, organisation are looking for a highly novel, less traditional technique to identify very effective international leaders who are dynamic and prosper in a more complex situation because they have great qualities and skills that are highly effective. The fact that globalization is taking place, with highly increasing stress on the up-and-coming markets, brings up corporate leaders that pose massive challenges in developing the leaders that are of great demand to continue the running of global organizations. Many international companies concentrate important decisions in the hands few leaders who are trusted from the homeland.
The organisation hires the technical expertise and country managers form the up-and-coming markets but these groups of employees are rarely promoted to higher positions. Instead, they prepare them future global leaders from the center of operations by sending them to oversea to do assignments and get an appointment (Reggie, 2005, pp. 12-15). The approach did very well for organizations that sell standard products in the industrialized and well-developed countries, but for multinational change into a real global organization that depends on emerging markets for expansion, it is therefore far from enough, in order for the companies to cope up with the cultural and market needs, they have to change to decentralized and mutual choice making (Lotti, 2006, pp.
6-9) Challenges associated with the implementation of global leadership Global leadership in the international context is the governance and guidance given by a class of professionals who are well knowledgeable with the running an organisation that is within a multinational and multicultural context. Initially, global leadership was done by a unique breed that had identifiable qualities.
The leadership in the international context had a natural curiosity about the world; it was also in high need of association with diverse groups of people from all over the world. The interest that these leaders had inspired visions and organization that went beyond national boundaries. Furthermore, global leadership is always aware of the impact of their events on the surrounding foreign communities (Lobel, 2007, pp. 2-6). They know that personal success is highly dependent upon the success of others and that they are responsible for the transformation of not only the company but also the community they are doing business with. The challenges facing leadership are many and diverse depending on the region of operation, but most of them are related in the global view.
Some of them include the amplified complexity of the multinational companies’ problems. In today’ s world, there is rapid globalization and strong competition in the market due to the high-speed changes caused by technology (Lotti, 2006, pp. 6-9). The continuous movement of employees in and out the companies sometimes cause overwhelming complications within the workplace.
The problems are ever becoming complex and therefore require innovation of greater level, resolutions in shorter times periods and a large set of connections. Hence, finding solutions to problems in the old way by singe inexperienced leaders can no work anymore (Reggie, 2005, pp. 12-15).
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