GLOBAL LEADERSHIP

Global Leadership

Global Leadership

Introduction  

Integrated global business arena is taking pace with the course of the time, but the local singularities are still important component part of business in many aspects. business ethics are greatly affected by this two-fold feature of business in many ways. in order to overcome this problem, many multinational corporations along with legislatures have tried to provide a uniform ethical code of conduct for global business (McDonald, 2009, pp.344-372). There are many factors which need to be considered while finding out the suitable location for new international business ventures. Global leaders are the one who deal with such challenges using their competitive skills and abilities. In this paper the challenges faced by global leader while planning a new manufacturing center will be discussed.   

Discussion  

One of the most important challenges of global leadership is dualism, that is, the pressure for global integration and pressures for local adaptation. Day after day, HR professionals worldwide deal with these two dynamics when working to align policies and international programs with the strategic objectives of their organizations. that is why the leader of this organization will also have to face the issue of multiculturalism and in order to solve this issue he has to scan the environment. Interaction with investors to the global economy, as only with extensive financial support and favorable loan conditions possible innovation. Credibility among investors and other parameters of this aspect of the strategic profile of becoming leading productive performance in terms of globalization.  The effectiveness of motivation is directly related to effective functioning of the whole. HR technology compounded continuously. Important for the economic success of how well management has used them in practice.   Corporate culture is one of the most structurally complex aspects of global business management which every global leader has to face. It includes not only firms with employees (job satisfaction, education system, etc.), but also the positioning of the company in the environment (environmental policy, social work). On the other hand market position - effective factor is the basis for cooperation with partners and competitors. This factor is considered necessary degree of innovation, brand image and more. Other than the environment scanning, global leaders have to deal with the ethical issues of the place where they are setting up new manufacturing plant. The effects of globalization on ethical practices are the result of two opposing forces. The first leads to the unification of the ways to make the company and harmonizing domestic regulations -The "what" of business practice-like way to market efficiency (Svensson and Wood, ...