Organizations and people's financial status is changing in the 21st century because of the global leadership and management of the 21st century. The global leadership has more than just a single reason as to why it is providing firms as well as individuals with necessary information to manage their financial status. The same global leadership of the twenty-first century has more benefits on our current economic level. It takes qualities to maintain and run global command. Conditions needed here is the quality of leadership. Global leadership has what it takes to influence the economic state of countries (Coccia, 2017). The creation of jobs to individuals has been easy because the global leadership of the 21st century has been on the front line like a new market to organizations. When organizations get to enter a new market, chances of job creation in a country increases. The paper here analyses the global leadership of the 21st century.
The global leadership of the 21st century has benefits that influence personal financial status. Through their ability to manage and create a new market, they must have been the sweetest thing in the business sector at the moment. It is not only helping the financial status of individuals from improving but also building a country's economy. It takes more than just effort for a board such as global leadership and management to run all these (Cederholm & Jensen 2017). Global leadership and management of the 21st century have leadership qualities as well as management leadership. The board has a set of qualities through which it operates its activities. The quality is what makes it easy for global leaderboard to have all the achievement and manage to run various markets.
The global leadership of the 21st century has more than just competent management. Competence in the market and business sector keeps global leadership for the 21st century to maintain the position and be the leading board. In most of the today's countries, there is an economic improvement (Reich 2017). The development is based on the type of job or businesses the firms are practicing. If the organizations are linked to global leadership, the rate of improvement is rapid. The most countries economy is improving because of the financial business deal global leadership is creating. Global leadership is playing an important role here by ensuring that there is a smooth run of activities in another country. The economy of one country is build because of the global leadership ability to allow firms to venture into markets it created.
Through management and leadership globally, businesses are established, an individual is now far much better regarding their financial status. Control of global leadership has helped to set enterprises to that are globally recognized (Mendenhall et al. 2017). The globally recognized businesses give assurance of the quality the customer might be dealing with. The type of class enhances people or urges individuals to get to what they believe is best for them. The kind of management and leadership would tell and can as well predict the next move of the of the country's economy. It could be done only through the growth of an individual's business. When the management has great vision, the economics of its people significantly improves. It was the kind of the leadership we are having in the 1st century. The administration is under the influence of great minds.
1. How does global leadership influence the financial status of an individual as well as the country's economy in the twenty-first century?
2. Is the common direction different from management?
3. What are the benefits of global leadership of the 21st century?
Global Leadership Influence
The global leadership and management entail the ability to provide the individual with ways through which they could overcome the obstacles. The obstacle may be how people handle their business. The global leadership of the twenty-first-century influence people by providing them with clear vision and goals that pave ways for their daily success thus an influence on the individual financial status (Lewis et al. 2017). It is excellent because of a country experience change in economic growth.
Its people influence a country economy. When there is an excellent move in the financial status of its people, there is a significant step that countries make toward their economy. It is so because those members who are provided with information and way in which they could overcome business obstacle get more profit. Profit is earned when members become stabilized, the stability is gained from being keen, and keenness is from the details provided by the global leadership of the 21st century.
The global leadership of the 21st century influences an individual financial status. The economic situation of an individual is built when gets to business. It is so because; the global leadership and management of the 21st century only influence businesses of organization and members as well (Hotez et al. 2017). The influence of an individual is built by how some organization is affected or influenced. The global leaders of the 21st century would manage control once armed with the best listening skills. Influence will create a significant impact when members of an organization are heard.
Global Leadership Difference From Management
Leadership is different from management. The difference is scoped from the assigned duties of the two sections, that is leadership and management. The difference is seen as the two stands out with outlined duties (Katz et al. 2017). The most considerable difference that exists between the two is the initiation of the change. Leaders are capable of influencing change within an organization. Global leaders of the 21st century can control change in the organization thus making its difference clear from management. Management has a different role in which it carries out duties. Managers do determine the way in which the organization takes. The global management has the same as it involves oversee of the direction which the organization takes.
The global management greatly influences the stability of the organization. One of the roles of managers is ensuring that the organization is stable. Because the administration revolves around managing organization activities, it is easy to stabilize the organization. This still makes the difference between global leadership and management.
Advantages of the Global Leader of the 21ST Century
Global leadership of the 21st century has some benefits. These benefits fit the society in different ways. The global leadership of the twenty-first century helps the organization. When an organization is supported, there are chances that individuals get jobs and solve the problem of money that has been revolving around them (Osland et al. 2017). It is one of the most significant achievements that the global leadership is impacting change in the society. It is the advantage of global leadership of the 21st century and management has it? When global leadership helps individuals, the country economy grows to another level.
Global leadership of the 21st century has the best benefits such as helping firms to enter a new market. It is indeed great benefits that help grow business in the country and boosting its economy. When the global leadership and management help individual to get into the new market, it also helps individual's way of growing economically ( Jasen et al. 2018). It is important because money revolves around the pockets of individual other than just corporations. Global leadership and management of the 21st century still have the benefit of creating a new market. Through the creation of the new market, business is expanding, and people are getting absorbed in the firm thus creating the source of employment.
Expected number of participants in this research is 320. Participants are from the global leadership and management board. With such participants, it is going to research in which most of the information is based on first-hand information.
Every research has its way of collecting data. An accurate analysis would seek to find out the most suitable form of data collection. Some of the data methods that would be used include questionnaires and discussions. The discussion would give more information. The analysis would also be a technique to be used in the method of data collection.
In the data collection, there would be both firsthand collection of information and second hand. Varieties of sources would be employed to ensure the information and data collected relies on facts.
Different aspects of the subject would be examined here. Methods in which Global leadership and management use to create new markets for the corporation and how they do it to ensure it is conducive (Western et al. 2018). Methods used to employ or create new markets would also be examined. All the procedures would be followed to ensure the data collection is reliable.
It would not be easy to gather information from the members of the global leadership organization. It would also be challenging to find global leaders and time to interview them.
Schedule for research would be four months. It is appropriate because more time would be needed to allocate the members of global leadership. The four months would also entail traveling to find and see these markets created.
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