Business success in an international environment - Global leadership

Seminar paper from the year 2004 in the subject Business economics - Business Management, Corporate Governance, grade: 2,7, Leeds Metropolitan University (Leeds Business School), course: International Cross Cultural Management, language: English, abstract: In our global world nowadays where international competition forces companies to act in many different countries leadership abilities, which are usually linked to the success or failure of international operations, has to approach a new dimension (Hodgett & Luthans, 2003). Today the leader is confronted with the challenge to cross national borders while acting both transactional and successful. Nevertheless, it is important to be aware of the fallacy that something which, works successful in one culture can just be transferred to others without adjusting it on cultural diversities. First of all this work, provides a definition of leadership and describe its basis. Furthermore, the common theories and different styles of leadership will be presented. Two points about cross-cultural aspects and important managerial aspects follow it. In the end there will be a case study to show the practical meaning and importance of the topic.