What Leadership Qualities are Required in Global Firms?

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Anneke Zwart
Student (University), Netherlands

What Leadership Qualities are Required in Global Firms?

Bishop (2013) argues that in our global and dynamic world, leaders of international organizations require five elements or characteristics to successfully lead their organizations in today’s global environment:
1. Embracing diversity: The assumption is that cultural differences and diversities can be powerful mechanisms when understood correctly. Leaders should embrace cultural differences and diversities throughout their organizations. It is not about why such differences and diversities exist, but on the composition of these diversities. Once it is understood how these cultures, people and economies are different, leaders can take advantage of it.
2. Understanding the role of values: Values are often deeply rooted into a country’s cultural identity. Therefore, leaders are required to pay attention to these values and understand in what way they shape culture.
3. Striving for a global mindset: Next to their local mind-sets, leaders should embed a global mindset in their day-to-day businesses and thinking processes and in the strategy of their company.
4. Accepting the global dimension: Actually it is about finding a balance between global and local thinking: global leaders should be able to shift their global view to local borders while local leaders should expand their mindset beyond locality. A global-local mind-set is also highly important because it encourages the design of innovations and innovative strategies.
5. Establishing socio-technical systems: To benefit from technology, people are needed. Socio-technical systems are needed to integrate people and technology on both a global and a local scale. In order to effectively incorporate knowledge into local and global business processes, people firstly need to know how technologies work and how to use these technologies.
Source: Bishop, W.H. (2013) “The Elements of Leadership in a Global Environment” Global Business and Organizational Excellence Vol. 32 Iss.5 pp. 78-85


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