Share your perspective on leadership in the workplace and describe how Essay

Share your perspective on leadership in the workplace and describe how it has been shaped by the increasing influence of globalization - Essay Example This paper focuses on identifying few underlying factors that affect leadership methods in the contemporary organizational setup. McShane states, â€Å"Globalization refers to economic, social and cultural connectivity with people in other parts of the world† (p.8). From this perspective, globalization has serious implications for business leaders, especially in multinational organizations. These organizations require diverse workforce as well as diverse leaders that possess awareness of influence of cultural, political and social aspects on business. Globalization has resulted in easier accessibility of technology, information, data and products/services. It has also resulted in stiffer competition among organizations and greater passion of people to achieve more in less time, contrary to the conventional steady growth rate powered by profits and bureaucracy. Leaders in contemporary workplace embody these implications in the form of aggression in their business conduct, growth and aspirations. As a result, evidences of businesses booming and going bust have surfaced in recent past. Secondly, globalization has caused organizational struggle for existence, and sustenance is extremely difficult besides opening up opportunities to expand and develop. These opportunities have in fact caused paradigm shifts of leaders in different parts of the world. For instance, the Chinese managers are becoming increasingly individualistic contrary to their collectivistic culture. The research also reveals lowered commitment of new managers to their traditional values, here Confucianism (Ralston et al, 425). Mindset of future managers is changing rapidly towards embracing global strategies and challenges, which means leaders/managers are adapting to international management styles irrespective of their cultural background (Peng & Shin, 179). Despite leaders’ adjustments to the process of globalization, many businesses continue