Introduction
Leadership is not only a personal quality but also a process that any leader should follow in his/her quest of becoming a good manager. It is assumed that selecting a new leader in any global company stands out as one of the hardest tasks to undertake. The reason is lack of enough objective data about hiring a new president. Second is the lack of experience in appointing new leaders in the position of a president over the last few years (Elms et al., 2015). Third, is the lack of agreement between the board members when comes to the responsibilities assigned to the new president and what he/she is to accomplish (Elms et al., 2015). Every board member would love to settle on a president who has enough experience in running such a global company in return of extraordinary returns. In such scenario, the board responsible for hiring a new president can try to compromise on the right individual and settle on somebody who doesn’t really stress them up so that they can be able to get promotions easily and encounter new challenges and opportunities in the firm.
Traits for Effective Leadership
A leader should be able to show the direction to the members, inspire and give guidance where needed. Better leaders must pose confidence, commitment, courage, and passion to build and nurture the strength and talents of the members towards realizing a common goal. Apart from these traits, some of the traits effective leaders share in common include: sharing the vision, communicating effectively, demonstrating integrity, making hard decisions, recognizing success, motivating and inspiring the members (Glauser & Holand, 2016). When all these traits are included in the leadership process the company is likely to make positive steps towards success and the working condition among the members is highly encouraged.
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Sharing the vision: An effective leader should have a clear vision and idea of the company’s destiny and how to make it a reality by knowing how success looks like. The chosen person to lead the company should be able to let the employees know the vision of the firm and articulate it passionately to show the members how their efforts contribute to the success of the organization (Glauser & Holand, 2016). When effective leaders work towards the realization of the company with enthusiasm, tenacity and persistently members are encouraged to replicate the same.
Second, one should start by leading by example in order to gain the trust and respect of the members. A leader should demonstrate the character that he/she wants the members to emulate. President of such a global company should set high limits for oneself if the need arises to demand the same from the juniors (Glauser & Holand, 2016). The leader should keep his words with actions to earn the trust and respect from the employees.
Nevertheless, proper communication is key to effective leadership. It involves the ability to pass information more concisely and tactfully. It is more than responding effectively after listening attentively. Communication involves asking good questions, coming up with new ideas, sharing important information and clarifying any misunderstanding among the stakeholders (Glauser & Holand, 2016). Effective communication is used to encourage and inspire members.
An effective leadership should be able to make very hard decisions very fast and with limited information, this is critical in running a global company. When is being faced with a hard situation that might lead to even dilemma he/she should start to determine the vision of the company before arriving at the decisions.it involves considering the effects of the decisions on the progress of the company (Glauser & Holand, 2016). The conviction must be involved when making the final decision and the leader should follow it through by taking responsibility. A leader who demonstrates confidence during decision making earns the respect of the members and capitalizes on opportunities.
Another skill for an effective leader is being able to recognize the success of the employees from time to time. For the employees to stretch and give their best they be assured that their work is up for recognition. Any leader should find ways of recognizing the work of the members even if giving out gift hampers (Glauser & Holand, 2016). Such qualities encourage employees to come up with innovations that can help the company realize its vision.
Last but not list an effective leader should be able to empower other employees in an organization. Involves making the members have a sense of ownership and understand that whatever they are doing is of much importance (Glauser & Holand, 2016). For this, they will start giving their all during work because of the authority and autonomy they have over their work since they are able to decide how to get done of a given task. As a leader, the only thing that should be set should be clear deadlines and communication of clear goals. Challenging them to do best with high expectations would make them become more creative.
Finally, an effective leader should be able to motivate and inspire members. The team needs to be driven by passion, enthusiasm, inspiration and motivation. Time is supposed to be invested in the people one is in control of so that their strength, priorities and needs can be determined (Glauser & Holand, 2016). Notable differences made by their efforts should be reinforced continually and they're potentially encouraged with good goals and challenges.
Leadership Style and Skill Needed for the Position
Employing a value-based leadership is very essential in choosing a new President of such a global company that offers remote employment, in addition to numerous physical locations. Value-based leadership consists of moral background that involves the decisions and values of the leaders (Mark & Larry, 2018). A leader is able to transform from indecisive to a more confident person. Skills and values needed for the position of the president include Decision-making, fairness, integrity, humility, leadership by example integrity and a sense of urgency.
Integrity: A better President should adhere to a strict moral code that is central to today’s leadership. According to study integrity is universal value in leadership. It also responsible for shared accountability among the members (Mark & Larry, 2018). More so, integrity-based leadership is more effective and can help the President in decision making.
Good judgment: Better performance is influenced by the good judgment that is accompanied by both awareness of the situation and flexibility of the leader. Performance of any organization in the modern day life depends on the quality of judgment made by the President of that firm (Mark & Larry, 2018). Good judgment is important so as to avoid personal preferences and embrace inclusivity of each stakeholder.
Lead by example : leadership by example is essential in improving the performance of the members. Because according to study the more a leader sacrifices the higher the output by the followers. It enhances efficiency thus strengthening cohesion and culture in the organization. For the members to put more effort into doing something leaders must be willing to show the urge to do it first.
Decision making: Decision making in an organization is much vital for the President especially when being faced with a shortage of resources and time constraints. Leaders ought to consider not only the consequences of the decision but also the internal biases that usually affect the decision making. In any firm, not all stakeholders embrace the decision made by the leader in place (Mark & Larry, 2018). Better decision making requires sacrifice and a good understanding of the parties involved.
Importance of attending to tasks and relationships
Task-oriented leaders usually create procedures and policies for which they inform members of the same. They usually come up with criteria to evaluate member’s performance. In addition, they are able to organize their time in the case of a series of events that must be accomplished (Elms et al., 2015). Relationship-oriented leader mainly motivates and only show concern about their relationships with the employees. They act as mentors to their juniors (Litmans et al., 2015). Furthermore, they create time to talk to the members thus creating an enjoyable working environment in the organization, and feel free to ask questions and encouraged.
Importance of a leader following and communicating a vision, and setting the tone
Following and communicating a vision, and setting the tone is necessary for the company’s success. Establishing a good vision is very important for the success of any company. A vision that is compelling and greater than any stakeholder is responsible for the success of any global company. Vision creates legacy, foundation, and purpose for members.
Goal setting is a key factor in any firm as it adds value to the process of running the organization. Deciding on what the organization wants, writing it down to make it clear and setting deadlines results into a more tangible change in the company. Higher performance is often experienced when specific and hard goals are set (Pharmacists, 2018). Personal commitment is enhanced due to the tight deadlines hence more rapid work is achieved. Furthermore, forward-thinking among leaders are highly experienced making them set higher goals even if it means lack of immediate buy-out.
The necessity of Leadership in Good out-group Member Skills and Ability to Handle Conflicts and Overcome Obstacles
Good out-group skills enable the leader to know his/her employees well. The President of the company can easily know if they did something specifically to lose the trust, or if they behaved badly at work. In addition, the subject of incompetence and low motivation can come during the analysis so as to avoid blowing things out of proportion to find a better solution to them (Hogg, 2015). However, being able to handle conflicts and overcome obstacles is necessary as the President of the company is able to create a conflict resolution protocol that each member can buy. Such protocol resolutions pay a lot of benefits to the smooth running of the organization for people only accept what they have created.
Conclusion
Every board member would love to settle on a president who has enough experience in running such a global company in return of extraordinary returns. In such scenario, the board responsible for hiring a new president can try to compromise on the right individual and settle on somebody who doesn’t really stress them up so that they can be able to get promotions easily and encounter new challenges and opportunities in the firm. Establishing a good vision is very important for the success of any company. A vision that is compelling and greater than any stakeholder is responsible for the success of any global company. Vision creates legacy, foundation, and purpose for members
References
Elms, N., Nicholson, G., & Pugliese, A. (2015). The importance of group-fit in new director selection. Management Decision , 53 (6), 1312-1328.
Glauser, M., & Holland, D. (2016). The Leadership Traits Shared by Successful Entrepreneurs. Entrepreneur & Innovation Exchange .
Hogg, M. A. (2015). Constructive leadership across groups: How leaders can combat prejudice and conflict between subgroups. In Advances in Group Processes (pp. 177-207). Emerald Group Publishing Limited.
Litman, L., Robinson, J., & Rosenzweig, C. (2015). The relationship between motivation, monetary compensation, and data quality among US-and India-based workers on Mechanical Turk. Behaviour research methods , 47 (2), 519-528.
Mark J. Ahn, Larry W. Ettner and Amanda LoupinAtkinson Graduate School of Management, Willamette University, Salem,Oregon, USA
Pharmacists, A. S.-S. (2018, October 1). Fundamentals of leading, tools for managing, and strategies for sustaining change. American Society of Health-System Pharmacists, 75 (19), 13.
