Leadership ensures flexibility and creates room for adjusting to varying cultures and markets by keeping a global perspective through continual learning. Organizational structures are also adjusted to meet the needs of the stakeholders such as clients and partners (Dignam, & Galanis, 2009).Managing the diversity in the workplaceLeadership ensures the existence of a balance among the methods required to manage different generations and categories of people effectively. It also measures staff performance by considering outputs so that the expectations of the stakeholders are met (Dignam, & Galanis, 2009).
This entails understanding behavioral diversity so that approaches to handling individuals are more creative and diverse.Responding to changing timesTechnological, environmental, and business changes that occur globally require leaders to be dynamic and up-to-date with such information so that obsolescence of ideas and methods of operation does not arise. As new ideas, policies, and practices come, new and innovative approaches should be considered by leaders to meet the demands of the stakeholders (Dignam & Galanis, 2009).
Becoming globally competitiveCompetition is a perpetual practice that requires sound decisions and strategies such as risk-taking for an organization to remain relevant in the global frontier (Blum & Wey, 2008). Organizations compete for clients, resources, technology, and space. With sound and best leadership practices, stakeholders’ needs are met by implementing modern policies and strategies that can compete favorably in the global space.Remaining visionaryAccording to Blum and Wey (2008), every organization has a vision enshrined in its goals and objectives and the stakeholders aim at realizing such dreams.
With good leadership practices such as staying focused, an organization can realize its vision if the leaders act in the interest of the stakeholders by embracing a consultative leadership approach.How globalization influences the selection of leadership practices and ultimately the sustainability of the organization.