Leadership in the Changing Business World - Assignment Example

According to (Heerden), research concludes that young employees fundamentally look for three things in the changing world of work.... the changing trends impact many industries and hence, the career plans.... With the development of technology, the virtual world has become extremely essential with online lectures, online jobs, and its role in research.... The transformation of the world into a global village has removed the cultural barriers....

Strategic leadership in Changing World – Section Date Introduction This paper intends to answer the most fundamental issue in the management of corporations today—how can strategic leadership be attained in a rapidly changing world, as shaped primarily by technological and socio-cultural innovations?... As such, it aims to take a close look at the essence of the teachings of two important scholars in the field of business management—Michael Porter and Gary Hamel....

This company achieved this leadership in the market through proper allocation of resources for marketing, innovation and motivational compensation of its workforce by its strategic leaders.... The essay focuses on strategic management within the changing world which is characterized by a diverse workforce and application of information and communication technologies for competitive advantage and business success.... For example, effective strategic marketing which fits the changing market environment such as online marketing communication is applied by effective leaders to make their organization to climb the competitive ladders within the market or industry (Foss, 2006, p....

he transformational leadership model also provides the guidelines for leading in a changing business environment (Judge and Piccolo 2004: 755-768).... Globalization has led to a diverse and multicultural workforce thus leaders have the responsibility of understanding the unique needs of each employee in order to effectively satisfy the changing needs of the customers.... The author of the paper "Leading in a Changing world" will begin with the statement that the ability to bring together people of different backgrounds, disciplines, cultures, and generations and leverage their abilities can only be attained with the right leadership....

and in various countries of the world (Save the Children).... In fact leadership is considered as one of the critical areas for the success of any organization.... There are various leadership examples, which have made one organization successful and the other organization There are various factors which may impact the leadership style in an organization including the background of the manager, behavior and background of the staff and the organization's vision, philosophy and values (Anonym)....

ccording to Goethals (2004) and Yukl (2010), organizational research domain often discusses leadership in terms of the use of interpersonal influence exercised in situations and directed, through communications processes, towards the attainment of a specific goal or goals.... The paper "Leading in a Changing world" presents that according to McGarvie (2009), effective leadership is about always working to meet the challenges of a changing world and effective leadership is even more important today than ever before because the world of today presents rapid change....

However, with the changing times, fashion in jeans meant more styles, more colors, and better fit and it became a nightmare for a push-based manufacturing company like Strauss to survive in an industry where customer tastes were changing overnight.... This literature review "Business Behavior in a Changing world" presents actions that are not being done in the sense of goodwill; however, in some way or the other, these investments are undertaken with consideration to the return on investment that the companies would be getting out of these....

This paper intends to answer the most fundamental issue in the management of corporations today—how can strategic leadership be attained in a rapidly changing world, as shaped primarily by technological and socio-cultural innovations?... Although both of their works are not exactly the same, it is interesting to note that they both share the same ideas on the significance of strategic In this regard, while the classical approach to strategic management remains a highly relevant issue, it is through aligning the goals and vision of the business with the changes in the competition, market, and global society that the company is able to truly thrive in its industry....