When multinational companies (MNCs) select leaders and managers, which bear responsibility across the organisation they are well advised to look for individuals with strong intercultural skills. Amongst those skills might be abilities to adopt their leadership style in order to achieve their results with individuals from different cultural backgrounds. In consequence, the MNC in total might find different leaderships styles being applied at the same time throughout their organisation. Autocratic, democratic, and visionary leadership styles might be amongst those most frequently executed alongside each other.
Table of Contents
- Abstract
- The Importance of Leadership
- Identifying, Explaining, and Evaluating three Leadership Styles
- Conclusions, Synthesis, and Interpretation
- References
Objectives and Key Themes
This document aims to evaluate the importance of leadership within multinational companies (MNCs), specifically focusing on the application of various leadership styles in a cross-cultural context. It examines the evolution of leadership theories and the significance of cultural intelligence in effective leadership within a globalized business environment.
- The importance of leadership in company strategy, success, and profitability.
- The role of leadership in organizational growth and change management.
- The influence of culture and national contexts on leadership styles.
- The relationship between leadership and ethics, particularly in a multinational context.
- The identification and evaluation of different leadership styles.
Chapter Summaries
- Abstract: This section introduces the concept of leadership in MNCs, highlighting the importance of intercultural skills and the adoption of various leadership styles to achieve results across diverse cultural backgrounds.
- The Importance of Leadership: This chapter explores the significant role of leadership in company performance, change, and strategy. It examines the evolution of leadership theories from traditional to more contemporary approaches, highlighting the importance of leadership in driving growth and change within organizations.
- Identifying, Explaining, and Evaluating three Leadership Styles: This chapter delves into different leadership styles, highlighting the influence of traits, behaviors, and contingencies on leadership effectiveness. It discusses the importance of understanding the cultural context and adopting leadership styles that resonate with the specific cultural environment.
Keywords
The main keywords and focus topics of this text include leadership styles, multinational companies, intercultural skills, cultural intelligence, organizational growth, change management, ethics, and the evolution of leadership theories.
- Quote paper
- Dr. Heiko Filthuth (Author), 2018, Leadership Styles for Multi-National Companies, Munich, GRIN Verlag, https://www.grin.com/document/1001647
