Global leadership skills in multinational companies

Growing multinationals, whether they are based in the United States, India or elsewhere, all face a common problem: But do global leaders require a set of skills entirely different from those needed by their domestic counterparts?

Global leadership skills in multinational companies

E-MAIL THIS PAGE With so many organizations operating in a multinational environment today, it is easy to assume that the increasing connection among countries, and the globalization of corporations, would result in cultural differences disappearing or diminishing.

Yet, on the contrary, as economic borders come down, cultural barriers often go up, thus presenting new challenges and opportunities in business.

As part of the Global Leadership Forecast |study, this report highlights findings on the current state of leadership and leadership practices in multinational companies (MNCs). The findings are based on responses from 2, leaders and human resource executives in multinational organizations. To be an efficient global leader, it is necessary that you possess the global leadership skills. The trends of globalization, economic integration of nations through the multinational organizations are emerging and growing trends in the world today. Global organizations are required to adapt to various cultures in today's global marketplace. As such, organizational leaders should have a solid understanding of such differences and ethical issues when making decisions.

There are some universal leadership principles that have been identified as being very effective when employed specifically in a multinational environment.

Interestingly enough, these are biblical principles that global businesses inadvertently use to achieve success. Vision, mobilizing people toward change; Serving, by building emotional bonds; Leading others to greatness, by developing people for future responsibility.

Universal Principles of Effective Leadership Leadership, and its pursuit, is noble as stated in 1 Timothy 3: The successes obtained, using this comparison, inadvertently engage biblical principals that lead to practical results.

Developing global leaders | McKinsey

A leader needs to impart a vision providing focus to the organization In his publication, What Leaders Really Do, Kotter describes this accidental engagement of biblical principles stating: The biblical parallel for this observed reality is based on the first part of Proverbs The leader is responsible for creating the vision and setting the direction for the future prosperity of the organization.

A successful leader is a servant of the people Servant leaders have a positive impact on their organizations by adopting an affiliative style of leadership: This is in contrast to leadership styles that provide the greatest negative impact, such as pacesetting and coercive leadership where authority is exercised over people see Exhibit A.

In my experience, the combination of a stated vision coupled with an affiliative leadership approach produces excellent results. InI was tasked to significantly grow the distribution sales of the company I was working for, using the existing corporate and distribution channel resources.

My approach was to engage these twelve people with the vision of significantly increasing their sales commissions. I asked each person how I could best serve them in promoting the product.

I had a cohesive team of people working to promote my product, all of them knowing that I had their best interest at heart while working to gain the needed sales volume for the company at reasonable profit margins. You cannot manage people into greatness, they must be led An effective leader is one who takes responsibility for the future of the corporation by preparing the organization to change from an average company to a great corporation.

Global leadership skills in multinational companies

Sir Winston Churchill said: Collins agrees with Bossidy and Charan that an essential component of a great corporation is to staff the leadership positions with the right talent. Multinational Environment, National Culture and Leadership As mentioned earlier, the increasing connection among countries and the globalization of corporations, have not resulted in cultural differences disappearing.

Cultural barriers often go up, presenting organizations with new challenges House, Hanges, Javidan, Dorfman and Gupta, The person selected for multinational leadership must work to adjust his or her strong sense of national culture norms by adopting, as provided by Fernandez and Underwood, a multicultural mindset.Aug 01,  · Many multinational companies have hidden, unrecognised multicultural gems within their ranks.

To find these and get the most from their unique skills . This research study therefore on the “The Role of Global Leadership Skills in Multinational Organizations” is very important in order to educate the multinational organizations of today as to the real practical and beneficial advantages that the practice and enhancement of global leadership skills may possibly bring in to their companies.

To be an efficient global leader, it is necessary that you possess the global leadership skills.

Global leadership skills in multinational companies

The trends of globalization, economic integration of nations through the multinational organizations are emerging and growing trends in the world today. As part of the Global Leadership Forecast |study, this report highlights findings on the current state of leadership and leadership practices in multinational companies (MNCs).

The findings are based on responses from 2, leaders and human resource executives in multinational organizations.

Introduction

Global leaders must be effective in aligning employees around the company’s mission and values, empowering people to lead, and collaborating horizontally rather than managing vertically. Rather than concentrating on the on the top 50 leaders, global companies need to develop hundreds, even thousands, of leaders comfortable operating in a variety of cultures.

The Role of Global Leadership Skills in Multinational Organizations The Role of Global Leadership Skills in Multinational Organizations The Role of Global Leadership.

The Role Of Global Leadership Skills In Multinational Organizations | Researchomatic