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Issues of Global Leadership
Recently the executive coaching business has been seeing a rash of interest-bordering-on-concern about surviving in the global marketplace. It’s not that globalization is anything new, (remember Marco Polo?); it is just that with the increasing pace and pressure of doing business today, the dynamics are shifting. Globalization affects nearly every member of the business community, whether indirectly through their supply chain, or directly in their off-shore operations, call centers and after-market service centers. Learning to thrive in the global market becomes more challenging each day for leaders of these organizations, and it often falls to those of us in the coaching and consulting world to assist our clients in finding their way.
Leaders of globalized companies need to understand three important points to overcome the challenges of borderless business. First, local culture and economic conditions within the borders of other countries are distinctly different from the US, as anyone who manages sites in India, Latin America and the Far East can attest. Secondly, leadership is culturally defined and therefore a leader’s work style must accommodate that culture. Lastly, the globe itself is a rather large place, making it impossible to be everywhere all the time, so leading and managing virtually presents a rather daunting challenge as well. Let’s look at each of these in some detail..
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