Posts

Showing posts with the label management development

Developing Global Cultural Intelligence in Multinational Firms

Image
Organizations that work within multiple-countries have varying cultures and subgroups within their working populations. As multi-national firms become more common it is necessary for leaders to develop a level of cultural intelligence in order to function effectively with people of varying backgrounds. A team of researchers Rockstuhl, et. al. (2011) investigated an elusive concept that has been gaining attention called cultural intelligence. Where IQ helps one solve problems and emotional intelligence (EI) encourages inter-personal relations, cultural intelligence (EQ) may impact international leadership effectiveness. Changing environments require changes in the skill set of leaders. Due to these changes the careful selection, grooming, and development of leaders within the global economy are necessary to meet new challenges (Avolio, et, al., 2009). Despite this need, most leadership literature has been focused on domestic leadership skills without emphasis on decisions with

Leadership vs. Management Skills: Understanding the Differences

Leadership and management abilities are important in developing strong organizations that can create more synergy and financial benefits for the organization and its members. The skills and abilities appear to be similar for both leaders and managers but are separated by the ability to influence large groups of people. Leaders use their vision to create dynamic organizations that can overcome market challenges while managers focus more on skill based abilities. Effective management has a number of components that lead to successful completion of duties.   Through proper skill development and appropriate perspectives management can create higher levels of organizational activity that improves upon the financial health of the.   Two lists of strong manager qualities encourage this greater understanding. List 1) Quality managers have abilities that encourage their successful management of people (Barry, 2000): a.        Inspiring shared vision, b.       Strong communicati