When it comes to global leadership, it helps in managing a business globally where the cultural, legal, and economic systems are different. It’s also about knowing how to operate in various environments while aiming to achieve a common organizational goal.
Having the necessary global leadership skills are crucial in increasingly complex markets because these skills will enable you to achieve a particular goal in the organization. So what makes one a great global leader? Well the following are some of the critical skills that a global leader must possess.
- Ability to communicate effectively
This is one of the most critical skills that a global leader should have. A global leader must understand the importance of communication. You might have the best ideas, but if you don’t communicate well, then you cannot do anything with them. Poor communication can make you not progress in any career especially in global leadership.
A global leader should be open to new experiences. For a global leader to become familiar with a particular culture in other countries, they should be able to suspend criticism or opinion. Most of these global leaders when in a new country tend to seek out new experiences. They want to try the local cuisine, not the internationalized cuisine at a five-star hotel that they are used to. They also try to talk to the locals or even read the local newspaper.
- Ability to deal with numerous perspectives and ambiguity
Dealing with numerous perspectives and ambiguity is something that occurs 24/7. It is more common in global roles than the domestic ones. A global leader should be able to manage various viewpoints and perspectives from different countries.
Global leaders must be flexible and be able to solve problems among countries responsively. He/she must also have the ability to balance shorter and longer-term objectives.
- Adapting your own behaviours
The cultural assumptions and behaviours can define a leader’s identity. A global leader should be aware of the impact of culture on their thinking. And then have the ability to go beyond it. They should not limit the actions and choices of other people to reflect only their culture. Global leaders should be good at reading people and situations and then adjust their behaviour correctly.
- Ability to manage the relationship between corporate and local
One of the few challenges that global leaders face is the ability to understand and manage tensions that occurs between the organizational headquarters and regional/local offices. In a bid to manage these tensions, the leader should ask questions like when do the local needs customs, regulations, practices, etc.? How do corporate-level expectations get saturated at the local level?
- Ability to understand business models
Business models vary from one country to another. A global leader must understand the requirements in each country in order to come up with customized marketing, products or marketing, branding, and selling techniques.
In American companies, they majorly focus on operational efficiency and business processes. But in developing countries, a more entrepreneurial approach is required. So it is very critical for a global leader to understand the strategic markets of the future.