International Economic And Political Turmoil
Essay by Bobby • November 8, 2011 • 816 Words (4 Pages) • 1,515 Views
Global Enterprises:
The global enterprises are business owned entities that operates internationally with the enter world system as the main business environment. The huge market that the global enterprises hold has a lot of variables that affects the general operations. Through these problems, the operations of the global economy are made to experience high market cuttings. The losses prompt a lot of alterations in the organizations and the world economic entities that operate globally. These changes that have occurred have led to a shift to the emphasis on the political and economical problems that are facing the market (Cherry, 2011).
The Wisdom approaches:
In the challenging global enterprise, there are varied approaches that can be utilized to solve the problems that are experienced. To evolve the society into a complete arena where the problems are solved intellectually, the use of the wisdom approach has contributed a lot. Through this approach the global economy is looked at with a scholarly eye so that the activities can be ordered into a system that is whole. The wisdom approach aims to utilize the intelligence mode to solve alter the situations in the market economy. The practical modes that are to be applied in the global arena should have some aspect of intellectual touch. These systems improve the decision making capacity of the global enterprise.
The Transformational Leadership:
Through the transformational leadership, clear vision is attained to the solutions in the global realm. This system has brought about the clear understanding of the problems that are facing the society. The transformational leadership technique is well known to provide the following varied components; such as the intellectual stimulation, individualized consideration, inspirational motivation, idealized influences. Through the Intellectual stimulation entity, great ideas are attained that provide concrete solutions to problems. The individualized considerations give each leader the power to solve problems through their own preference. The inspirational motivation entity in the transformation leadership technique makes the leader to decide based on the aspects that give them motivation. Transforming leadership emanates from people who inspire the society to make conclusive solutions that will develop the world economy. They offer clear improvement on the global enterprise. This is the act of bringing wisdom to the societal issues by the guidance offered by the transforming leadership (Lester, 1999).
International economic and political turmoil impact on The Leadership Approach:
The economic problems that are facing the global business arena is affecting the leadership that is used in the management of the functions of the business approach in the global economy. The international economic and political turmoil that impacts on the transformational leadership has taken a new phase to give the global enterprise many challenges. The problems have shaped the leadership that has been transforming the world economy based on the fact that restrictions of the governance principles have made the transforming leaders not offer their views to the global enterprise. This has raised the bars of what the real leaders of the markets should attain to ensure that the world economy has safe operating avenues. The significant global economic changes has offered
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