THE two most popular words in the business lexicon are probably “global” and “leadership”. Put them together and people in suits start to salivate. Read more about this article : See on Scoop.it – Global Leaders
The cult of the global leader is spreading ! But more responsibilities come with the job.
Globalization is not a static concept. What you knew about fast developing countries like Russia and its cultural differences in term of consumer taste, regulations, politics or technology is obsolete after one year or two, so how do you monitor those changes in more than 60 countries if you are the top executives of true global companies ?
Global leaders need to live abroad at least 2-3 years in key countries to really understand local cultures, traveling is not a substitute for being an expat.
I cannot agree more with this statement:
“If leadership has a secret sauce, it may well be humility. A humble boss understands that there are things he doesn’t know. He listens: not only to the other bigwigs in Davos, but also to the kind of people who don’t get invited, such as his customers”
What makes a business leader a true global business leader?
See on www.economist.com