The Impact of Globalization on Leadership and Management

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"Globalization, both as an ideology and process, has become the dominant political, economical and cultural force in the 21st century." Quote from "Globalism: The New Market Ideology" by Manfred D.Steger Merriam-Webster defines globalization as “the act or process of globalizing: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor market.” Before the recent increase in globalization, organizations usually considered their customer base and market to be their country of origin, however with the rapid spread of diversity, organizations can now consider the entire world their market and available customer base. In an attempt to remain competitive, increase revenue, production and services, organizations have expanded across the globe to tap into additional human resources. Therefore, these changes have impacted the roles of leaders and managers within these organizations. Due to globalization, the fabric of the American workplace had changed and will continue to change as long as organizations feel there is a need to expand services, increase revenue and recruit the best and brightest individuals from all over the world in an effort to remain successful and keep their competitive edge.

With the rapid expansion of globalization, leadership has been impacted through market and customer base, international employee transfer rates, competition and increase opportunities. Although globalization has also increased the need for great leadership, it has also left many leaders to question the complexity of the task and their abi...

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