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BUS - 5010 - Milestone - 1 - Worksheet Evaluating Leadership Style and Their Impact 24-12-22
BUS - 5010 - Milestone - 1 - Worksheet Evaluating Leadership Style and Their Impact 24-12-22
BUS - 5010 - Milestone - 1 - Worksheet Evaluating Leadership Style and Their Impact 24-12-22
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Leadership Styles Unique Leadership Styles Unique Leadership Styles Shared in Common by
to Steve Jobs to Bill Gates Steve Jobs and Bill Gates
enjoy the benefit of teamwork motivating employees to be true and success in business.
because he is at the center of advocate of the company.
decision making thus creating no 5.
room for employee ideas. 2. ADAPTIVE LEADERSHIP – Bill
gate acknowledge the principle of (add as many styles as needed)
3. FAST DECISION MAKING – adaptative leadership which
because he is solely responsible according to Ronald, Marty et al is
for most business decisions. the act of mobilizing a group of
Implementation of business individual to handle tough
decision will not have to pass challenges and emerge
through rigorous process of triumphant in the end. Adaptive
approvals to make decisions. leadership is built on four
fundamental principles that is,
4. LEADING BY EXAMPLE – Jobs emotional intelligence, fostering a
was a role model to his workforce culture of honesty, enhancing
through demonstration and development of new ideas and
emulation. In other words, his promoting transparency and
workforce was able to emulate his creativity in the workplace.
core principle of paying attention
to details, assimilating the 3. TEAMWORK– Due do the freedom
business mission statement to possessed by employees here.
heart and ensuring they work hard There is room for teamwork and a
to fulfill the company’s goals. major source of motivation that
will help the business to grow
5. KEEP CREATIVE AWAY FROM with more ideas
CRITIC – He believes creation
requires ideation, explication and 4. Gate model utilizes the skills of
critical analysis, though the three his workforce to the fullest
steps should be performed capacity.
separately by different staffs. In
other words, among the 5.
BUS 5010: Culture in a Global Business Environment
Module 3 Worksheet: Milestone 1 – Evaluating Leadership Styles and their Impact
Part II Directions: Identify a business leader from a different country and compare that person's leadership style with the styles of
Bill Gates and Steve Jobs.
Leadership Styles Unique Your Selected Leadership Styles Shared in Common Leadership Styles Shared in Common
Leader: with Bill Gates with Steve Jobs
NAME of LEADER: ALIKO DANGOTE
LOCATION: NIGERIA
1. Aliko Dangote, the president of 1. Like Bill Gate, Aliko Dangote also 1. He is ready to take costly risk in
Dangote group is a Nigerian born adopts transformational other to achieve business goals.
global business leader. He has leadership style in doing Irrespective of unstable
been able to maneuver different business. government policy Dangote has in
political, Religious and cultural many occasions persevere to
institutions in Nigeria and other 2. There is encouragement of establishment of new businesses
BUS 5010: Culture in a Global Business Environment
Module 3 Worksheet: Milestone 1 – Evaluating Leadership Styles and their Impact
5.
Part III Directions: Provide a 250-word response for the following prompts.
Should global leaders change Based on our learning thus far, we have been able to understand leadership concept, styles and
their leadership style when various types of leadership. On the other hand, an evaluation of three prominent global business
entering a new country or leaders has proven that different leadership style is peculiar to different leader across cultures.
culture for business However, the basic principles that are common across all styles of leadership have a major role
expansion? Why? to play.
(Sunnie, G 2016) was able to explain what makes an effective leader in the right perspective
based on study of many global leaders across the world.
By demonstrating strong ethics and providing a sense of safety – A safe and trust environment
engenders fairness irrespective of country and the culture a business is operating. Employees
tend to have a sense of belonging, ability to be innovative and drive optimal productivity in an
ethical atmosphere.
There need to also empower workforce so they can have their own time to self-organize. The
distribution of power and delegation of duty in a workplace remain the best approach towards
achieving productivity.
Leaders need to foster a sense of connection and belonging. Open communication is a tool
towards building a strong foundation for connection among employees.
The need to promote sincerity to new ideas and drive organizational learning among both leaders
and employees. Leaders also need to show commitment to growth to motivate employees.
Beyond above discussions, it’s also imperative to note that a leader must possess some
additional quality before setting up a successful business outside their own culture. They need an
BUS 5010: Culture in a Global Business Environment
Module 3 Worksheet: Milestone 1 – Evaluating Leadership Styles and their Impact
oversea experience, they need to understand their belief and what makes them different from
others, there is for a good knowledge of cultural diversity, the leader needs to thread with humility
and respect. Other qualities include the effective communication and interpersonal skills,
adaptability, curiosity good oriented and enthusiasm.
Furthermore, there is also needed to understand the distance among countries, cultural
differences, technology, complexity of trade and lastly time zone.
In conclusion, more emphasis needs to be placed on the above factors than changing leadership
style.
How does changing The issue of styles is not a major phenomenon when seeking to expand business beyond one’s
leadership styles (or not immediate market or culture. It’s important for business owners to look beyond the normal and
changing) solve the market drive deeper towards understanding the more fundamental factors.
entry issues faced by a global When planning doing business in a global environment the need to monitor time orientation
businesses when expanding becomes very important because some cultures values time management while others don’t.
to different cultures or research have shown that USA adhere to time management than Asia and African countries. In
markets? other words, setting appointment for 9:00am is constant while some other cultures still give
leverage for adjustment.
Some cultures value individualism unlike some that placed more emphasis on collectivism. For
instance, countries like China place emphasis more on collectivism while some countries with
transformational and adaptative principles place more focus on individualism. Those on
individualism spectrum tend to believe more on individual achievement on achievement business
objectives.
Some cultures often take risk while others avoid risk scenario. Country like USA tend to take
more risk than part of Asia where they avoid risk factors.
Some cultures appreciate collective result while country like United states promote competitive
culture. Cooperative cultures see team as a family, as such business owner is regarded as the
head of family to give directions to the work force towards actualizing business objectives.
Some people work in low context society while others work in high context culture. Those in low
BUS 5010: Culture in a Global Business Environment
Module 3 Worksheet: Milestone 1 – Evaluating Leadership Styles and their Impact
context cultures accept direct communication unlike those in high context culture whose see such
as insult.
Based on my current knowledge, emphasis should be placed more on this factor in solving
market entry issue instead of focusing on leadership style when planning to penetrate a new
market.
Clawson, J.B, (2019) ; 11 Key characteristics of a global business leader. Culled from
https://www.coursehero.com/file/40327846/Effective-global-leaderpdf/
Gborogosi, L. ; Learning from Dangote’s diversification and globalization policy. Culled from
https://www.gabrieldomale.com/blog/learning-from-dangote-s-diversification-globalization-
strategy
Jase, R.R, Raina, M.R, Melanie, P.L et al, (2017) ; Developing global transformational leader.
Journal of World Business, Vol52, issue 4 (2010), pg 461-473.
Olukoya, S. (2018); Dangote six business strategies for every aspiring entrepreneur. Culled from
https://investorsking.com/2018/11/03/dangotes-six-business-strategies-for-every-aspiring-
entrepreneurs/
BUS 5010: Culture in a Global Business Environment
Module 3 Worksheet: Milestone 1 – Evaluating Leadership Styles and their Impact
Robert T.M, Philip R.H, Sarah, V.M. (2011); Global leaders and Culture managing cultural
differences; Global Leadership strategies for cross-cultural business success.