What Leadership Qualities are Required in Global Firms?

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

		Comments Sort by date Sort by rating Rating
		3 Mohan Seshadri, India
	Global Leadership Qualities Great points! While most are aware of the dictum "Think global, act local" I am yet to witness this ... Sign up

		1 VENKATESH Manager, India
	Requisites for Global Leadership An open mind to embrace cultural values that don't conflict with the basic values of Integrity, Char... Sign up

		3 De Monte Canada
	Leadership Elements Must Be Inculcated Into the Organization Being Led Talk is cheap and actions speak louder than words. All that is being said is great and wonderful and... Sign up

		3 Jaap de Jonge Editor, Netherlands
	Instilling Leadership Elements @De Monte: Thank you for your thoughtful reaction. I agree actions speak louder than words. On the o... Sign up

		0 VENKATESH Manager, India
	Leadership Qualities for Global Firms @De Monte: I think we all who are contributing are in the business of business and not politics. Yes... Sign up

		2 yanney John Parker Business Consultant, Ghana
	Understanding the Values/Culture is a Value for Global Leaders Culture and values as we all know are pivotal to organizational environment. What makes it a value f... Sign up

		1 Fernando Ochoa Manager, Mexico
	Global Leadership Qualities It is worth to say that in a global firm the leader has to have the quality to break paradigms and r... Sign up

		1 julia burlacu Entrepreneur, Mexico
	On 2. Understanding the role of values It is important to understand the way values shape the culture of a particular country A. But we nee... Sign up

		2 Tan Poh Lip, Malaysia
	Situational Leadership in Global Firms Successful leaders focus on results. And especially on sustaining results over time by developing th... Sign up

		2 francisslobo Professor, India
	Leadership Values of a Global Organization While many things go to build global leadership, it is important to hold the values of probity (Edit... Sign up

		1 Mathew Paul, India
	Global Leadership Practice Very great points. But how are we going to put into practice? Very simple. By putting "Love your nei... Sign up

		1 Vince Martin Manager, United Kingdom
	Culture is Dynamic and so must be Leadership I agree with the mentioned points on leadership. In all of this, we should never lose sight of the d... Sign up

		1 Tran le Phuong Teacher, Mongolia
	A Leader is not Dreamer Leaders must have good ears and eyes: see "here" and look "there" at the same time. His feet must be... Sign up

		1 Istvan Szeman Consultant, Hungary
	Cultures are Dynamic, but Some Leadership Qualities Remain @Vince Martin: I am glad to see comments from this angle on leadership, highlighting some key capaci... Sign up

		1 yanney John Parker Business Consultant, Ghana
	Leadership Qualities and their Effects on the Firm A leader's vision must change organization for the better. That's why it is important CEO vision by ... Sign up