Global business Essay Example | Topics and Well Written Essays - 2750 words

Global business - Essay Example Along with this, the level of sustainability of the organization also gets enhanced to a significant extent in the market among other rival players. Moreover, as sustainability is the most essential criterion of any organization, in this age of extreme rivalry, most of the organizations desire to recruit, experienced and talented leaders or managers. This is because; these leaders or managers of the organizations act as the catalyst in developing extremely creative and inventive products or services that might satisfy the needs and requirements of the customers. Along with this, the competitive position of the organization or the entrepreneur also gets improved in the entire market thereby amplifying its brand value and equity among others. As a result, the threat of the contenders also gets reduced thereby amplifying the level of dominancy and equity in the market in long run. Thus, it might be depicted that the generation of idea to develop inventive products or services is entirel y dependent over the mental capability and intelligence power of the leaders or managers. ... Other than this, a leader is an individual, who steps up in challenging situations so as to mitigate it in an effective way. Not only this, he is also responsible for presenting varied types of information and facts to all other employees and staffs so as to analyse their desires and wishes, prior implementing any policy or regulation (Von Stamm, 2008, pp. 389-490). Apart from this, leadership is also described as an ability to maintain a good interpersonal relationship among the employees of the organization thereby reducing the conflicts and clashes. Therefore, leadership might be described as an inherent quality that may not be taught or learned but might be enhanced through various situational changes and conditions. Hence, leadership style or leaders might be stated as one of the most essential requirements of the organizations operating in recent age, in order to tackle risky situations or challenging threats. Role of leadership in corporate organization In order to cope up wit h the changing needs and demands of the market, innovation is the most essential requirement. This is because; invention of varied types of products or services might prove effective for a corporate organization to enhance its dominance and reputation in the market among others. Along with this, the level of profit margin and equity of the organization might also get amplified thereby reducing the threat of substitute products. However, it might be possible, only if the organization or the corporate comprises of an enthusiastic and confident leader. This is because; presence of such type of a leader or leadership qualities might motivate and stimulate the employees or the followers of the organization to develop varied types of value-added products or services in order to cope up