Effective leadership can guide a group towards certain ideals without exerting much force.

Leadership is concerned with getting results through people and implies the organization of staff into productive teams, groups and departments.

Koontz

and O'Donnell
Terry

Leadership is the ability of manager to induce subordinates (followers) to work with confidence and zeal.

George

Leadership is the activity of influencing people to strive for mutual objectives.

Need to posses Emotional Quotient like Self motivation, Empathy, Social Skills. EQ can improve results through creation of a conducive work environment

New face of women well equipped with educational qualification and competency.

Mainly in Asian Countries. Shortage of skilled people. The major factor: Changing global demographics at a time of Asia Pacific economic expansion. Retirement of experienced and qualified executives from Western countries. All this is creating a workforce deficit.

The leadership challenges go beyond functional needs. Those companies which are best at accessing the scarce resources of intellectual and human capital will gain sustainable competitive advantage in a business era. The executives of todays scenario must also celebrate cultural differences and have a keen eye to find and nurture emerging talent. Succession planning must be a top priority.

Corporate cultural values are what former BlueScope CEO Kirby Adams calls the cultural tights values that are non-negotiable. It doesnt matter where we are, one of our tights is a certain safety culture and a certain environmental culture. Once you understand your tights you can customize your strategy for local markets and make sure your executives understand them.. Former Chief Financial Officer Mary Ma, says of American William Amelios appointment as CEO of Lenovo: We didnt send a successful guy from China to head it up. We wanted to have the best people in the industry who understood the local market.

The expat era is drawing to a close. Globalizing companies need to dismiss the idea that the best inventions are at home and were going to parachute our own people with our own cultures and beliefs. Expat assignments are declining not only due to cost, but also because expatriates are not good mentors of local talent; they tend to leave little in the way of a legacy. They are highly paid, but not committed to the business or to the region.

The business leader of today has to grapple with the present realities in order to survive in the continuous changes enveloping across the globe. Team management is possible only if the leadership process is closely aligned with vision and direction.

Globalization expert Professor George Foster of Stanford University says that executives in companies that operate in two or three different continents need to possess a range of abilities and aptitudes that are often difficult to find in the talent pool. Global leaders need to: Enjoy dealing with different cultures not just tolerate them. Have a global outlook. Enjoy ambiguity and management paradoxes, such as change requires stability. Have the ability to cope with the tensions that accompany a 24/7, globe-hopping job.