Developing a Global Leadership and Employee Hiring Plan
ABSTRACT
The success of business in the global market mandates transformed global leaders and strong employee values. In this scenario , I have established global leader qualities such as creativity, think globally & act locally, technical abilities, perseverance in decision-making. I also examined a report to the Prime Minister of India, explaining the problems which India is facing as a global leader in science and business and a solution recommended to these problems.
At last, I explored few qualities required by an employee to be a success in the global business market. INTRODUCTION
The impact of globalization over the last 35 years has been immense that has provided the opportunity to operate in different countries. The corporations are not only selling their product and services to diverse markets , but also manufacturing the products and their parts in different nations. It resulted in increasing more revenues and reducing expenses due to inexpensive labor and raw materials. As companies expand beyond their native market and entering new markets, it requires the use of new tools, techniques and methodologies. Further, it demands an interaction with new people and working with various forms of management in varied environments. It brings a change in the leadership trends in the business world that it used to be earlier.
Wayne Oppel (Oppel, 2007) states that the drastic change in the business requires an effective, flexible and committed leadership in the organization. Tichy and DeVanna (Tichy &
DeVanna, 1990), renowned scholars of Global Buisness and Leadership, argue that, “Traditional managerial skills, such as financial acumen, manufacturing expertise and marketing prowess are important ingredients in most organization success stories, but not sufficient for organizational transformation and sustainability.” In this scenario, what could be the fascinating ingredient in the global business market in the new
The success of business in the global market mandates transformed global leaders and strong employee values. In this scenario , I have established global leader qualities such as creativity, think globally & act locally, technical abilities, perseverance in decision-making. I also examined a report to the Prime Minister of India, explaining the problems which India is facing as a global leader in science and business and a solution recommended to these problems.
At last, I explored few qualities required by an employee to be a success in the global business market. INTRODUCTION
The impact of globalization over the last 35 years has been immense that has provided the opportunity to operate in different countries. The corporations are not only selling their product and services to diverse markets , but also manufacturing the products and their parts in different nations. It resulted in increasing more revenues and reducing expenses due to inexpensive labor and raw materials. As companies expand beyond their native market and entering new markets, it requires the use of new tools, techniques and methodologies. Further, it demands an interaction with new people and working with various forms of management in varied environments. It brings a change in the leadership trends in the business world that it used to be earlier.
Wayne Oppel (Oppel, 2007) states that the drastic change in the business requires an effective, flexible and committed leadership in the organization. Tichy and DeVanna (Tichy &
DeVanna, 1990), renowned scholars of Global Buisness and Leadership, argue that, “Traditional managerial skills, such as financial acumen, manufacturing expertise and marketing prowess are important ingredients in most organization success stories, but not sufficient for organizational transformation and sustainability.” In this scenario, what could be the fascinating ingredient in the global business market in the new
Bibliography: 3. Farrell, D., 2006. Don 't be afraid of offshoring. [Online] Available at: 4. MITS, 2011. Foreign languages. [Online] Available at: http://www.mitsuniversity.ac.in/foreign_languages.aspx 7. Renée Dye, Elizabeth Stephenson, 2010. Five forces reshaping the global economy: McKinsey Global Survey results 8. Science Advisory Council, 2010. India as a Global Leader in Science, New Delhi: Department of Science and Technology 9. Tichy, N. M. & DeVanna, M. A., 1990. The Transformational Leader. The Key to Global Competitiveness