GLOBAL LEADERSHIP

Global Leadership

[Name of Student]

Global Leadership

Introduction

The rise of globalization has enhanced the pace of competition; hence, in order to survive in the corporate world, the organizations need to operate beyond their national boundaries. Some organizations restrict their operations to a limited proportional of market; nevertheless, the others aim to grasp lion's share of the market. In each scenario, the presence of effective leadership is mandatory. A leader is an individual that facilitates and influences the initiatives of followers in order to achieve the goals and objectives prescribed by the organization (Harris, Brown, 2007, 66-73). The styles and approaches of leadership differ with the situation and behavior of the leader. Nevertheless, there are certain approaches that are commonly adapted in global leadership.

Impact of Globalization on Culture

There is no doubt that globalization has a huge impact on culture. It is important that people realize the importance of globalization in today's world, but at the same time it is also important that the impact is not negative. The culture of the country or the company is impacted in a manner as there are many people that belong to different backgrounds; therefore, it should be made sure that people work together in a manner that is beneficial for them and will also help them in performing in a efficient manner. It impacts the culture in a positive manner and gives people a chance to learn about different people and cultures. It also gives people an opportunity and a chance to work in a challenging environment that will help them in learning more.

Impact of Globalization on Economy

Impact of globalization on the economy is also huge. There are countries that are adversely impacted by globalization. This is due to the fact with globalization trade increases and the trade policies of the countries are disturbed. There might be restrictions that countries have imposed on their trade with other countries. These restrictions are disturbed by globalization and thus impact the economy. On the other hand, there are positive impacts of globalization, as well. It helps the companies in strengthening their economy and in ensuring that the country performs in a manner that is appropriate and beneficial for the economy of the country. This will help the countries in making sure that the economy is earning in a manner that is helpful for the people of the country. Globalization also creates employment opportunities which are also positive for the economy of the country. People will be able to earn more, and the economy will be classified as a growing economy. Impact of Globalization on Political Systems

With globalization, the political structure of the countries is also impacted. There are politicians who have different beliefs according to which they formulate their strategies. Globalization has helped the politicians in ensuring that they work in a manner that is beneficial for the country and its people. The political structure of the country is impacted by globalization and it has made sure that it helps the economy to ...