A Study of Leadership Requirements for Managing Global Business

Abstract

"Producers and Managers are important, but Leaders are vital to lasting Organizational Success." "It is a fine thing to have ability, but the ability to discover ability in others is the true test of Leadership". "Leadership is the process of influencing and supporting others to work enthusiastically toward achieving objectives." Various researchers have proposed different Leadership Styles based on Behavioral Approach or Situational Approach or Power Orientation Approach. In fact, fifty per cent of the Motivation to work comes from within an individual subordinate and the rest fifty per cent comes from the Working Environment, especially the Environment a Leader not only deliberately creates but also tactfully maintains, always, within the Organization. After learning relative merits and demerits of each and every Leadership Style, a Leader would have to arrive at a decision as to which Style is to be followed. In order to achieve success in each and every situation, a Leader managing a Global business, needs to follow up Varying Leadership Styles. Not all the Leaders are expected to follow up the same Leadership Style in the same situation because of changes in their Personalities, Attitudes, Approaches, Educational and Cultural Backgrounds. A Leadership Style being followed up in a situation may be applicable only in that situation and not, at all, in any other, as such a Style can crucially be interpreted as a Temporary, Transitory or Occasional in its practical nature, character or consequence. Treating any Leadership Style as Best or Excellent may not sound right as it may not be a question of a right or wrong Style, yet, it may be a question of suitability or unsuitability of a Style, in a given situation. As per the findings of the Ohio State University, four basic factors namely, Cultural Environment, Differences in the Employee Personalities, Change in the Nature of the work and Differences in the Organizations, shape the Leadership as per the changing situation.