Challenges of Global Leadership Essay Example | Topics and Well Written Essays - 500 words

Challenges of Global Leadership - Essay Example Environmental scanning refers to the communication to internal stakeholders on how external issues are likely to affect the operations of a business. The scanning also entails the identification of the specific questions that the company is bound to face due to the continuous changes that are taking place in the different aspects of the external environment. The scanning helps reveal the threats and opportunities to an organization and helps global leaders to overcome the challenges that they are faced with by providing a chance for development of alternative courses of action (Binscoff, Mayer, & Quick, 2015). One of the roles of global leaders operating in a changing environment is the identification of the possible threats to his business. Leaders are charged with identifying the issues that the company may face due to the frequent changes in economic, technological, social and political sectors. Through environmental scanning, the leaders can identify the threats and also define possible solutions. Secondly, the leaders recognize the opportunities that arise for the business as a result of the changes that occur (Lawrence, 2015). Global leaders have to determine new opportunities to ensure that they remain in business regardless of the changes that occur. In this light, there is need to invest in research to identify opportunities that remain unexploited that would help an organization overcome the challenges it faces. Moreover, global leaders should always remind the subordinates of the mission, vision and objectives of the business to ensure that changes and challenges they face do n ot cause them to deviate from their fundamental goals. It is only by doing this that leaders remain on top of a situation and identify changes when they arise (Bennis, 2015). One of the challenges of global leadership is team building, team development, and team management. Due to the frequent changes