Contingency Theory and Global Leadership Essay Example | Topics and Well Written Essays - 1000 words

Contingency Theory and Global Leadership - Essay Example Since, parties in a global market come from diverse backgrounds, global leaders have challenges in assessing the diverse demands of the parties (The Leadership Trust, 2008). Indeed, every cultural group has different demands. Moreover, the existence of boundaries between geographies and markets derives complexities in assessing the demands of parties in different geographies since there are no universal demands that apply to all geographies (The Leadership Trust, 2008). The rapid global impact of unforeseen events poses a great challenge to the global leaders since they cannot predict the occurrence and the effects of such events on the demand and thus assessing the demands of a situation given a global role. A global leader will also encounter challenges that emanate from social, economic, and political change. The global leader will also face the challenge of developing a creative approach in assessing the demand and implementing the solutions to various problems in the global mark et. Furthermore, lack of inspiring visions that can apply across cultural and organizational boundaries without losing meaning is also a challenge in assessing demands of a situation given a global role (The Leadership Trust, 2008). ... Developing self-reflective leadership, effective conflict resolution, and adopting diversity in the management and assessing demand will resolve the problems associated with assessing demand in a global situation. Moreover, the practice of creating global ethics and global strategies that will be flexible to multicultural differences will be very fundamental in this case (O’Brien, 2009). The creation of a vision and strategy as well as systems that managers can manage would play a significant role in resolving the above named problems. Furthermore, the presence of a Global Leadership and Public Policy as well the focus on organization and teamwork would help in addressing the challenges related to assessing demand in a global situation. Indeed, we can adopt the leadership theories to develop an organizational design that would relate to the global challenges in this context. A practice that relates to the situational variables and establishing an organization with internal fea tures that matches the demands of the diverse environments will help in assessing the demands in a global situation. The contingency theory asserts that there is no one best way to organize and that any way of organizing is not equally effective. The Contingency Theory asserts that a global leader must match their leadership style with the situational demands (Northouse, 2012). Ideally, the contingency theory confirms that no leadership style suits all situations and that specific variable like the dynamics of the situation, leadership style, and characteristics of the followers define the success of any leadership style. Personally, I experienced this when our marketing manager used contingency theory in a global role