Leadership Strategies and Cultural Leadership - 550 Words

Leadership Strategies and Cultural Leadership (Term Paper Sample) Content: Leadership Strategies and Cultural LeadershipStudentà ¢Ã¢â€š ¬s NameUniversity AffiliationLeadership Strategies and Cultural LeadershipEvaluate the importance of creative thinking to the process of developing a strategy for an organization. Provide support for your response.Creative thinking is vital for companies that wish to stay ahead of their competitors in the market (Cacioppe, n.d.). Critical thinking helps one to come up with new and innovative ways of performing tasks within a company. Not only does creative thinking enable leaders to come up with new ways of performing tasks, it also helps them come up with strategies that have not existed before. While developing a strategy in an organization, leaders ought to think outside the box to stay ahead of their competitors in the market. As Cacioppe (n.d.) puts it, creative thinking is a key aspect that separates employees from leaders. Employees will be content with tried and tested techniques of doing things. Le aders on the other hand, will be confronted with situations that will require them to be creative in order to find solutions to problems. Thus, while developing a strategy for an organization, a leader will be required to employ creative thinking in order to come up with the most suitable solutions to problems and issues that arise.According to the textbook, many multinational companies have found it particularly helpful to locate and hire locals for key management positions within their offices in other countries. Examine two (2) advantages and two (2) drawbacks of a local worker filling the management position for a company. Determine whether you would hire locals for management positions in a multinational company. Provide a rationale for your response.One of the main advantages of hiring locals in management positions of multinationals is the lower cost of salaries for these local managers. Local managers, especially in developing countries, will demand lower salaries for the sa me output compared to expatriates. Additionally, local managers have better command of the local language and the local social networks compared to expatriates (Rozkwitalska, 2012). Therefore, local managers are able to bond with their employees. Good work relations increase productivity in the multinational company.Local workers may not have the technical expertise and experience that is required to manage multinational companies. Additionally, locals are outsiders to the company and therefore they may not ensure consistency in the company goals, strategies and ethics (Treven, 2001). Local managers, if not properly trained concerning the practices in the multinational company,...