Global Leadership Development Case Solution
Introduction
The organization is based in Finland, Helsinki. It was established in the year 1834. It has been listed in Nasdaq Helsinki which is a part of Nasdaq Nordic and is a stock exchange firm, was founded in the year 1912 and has almost 141 listings. The organization is a leader globally in progressive technologies and comprehensive lifecycle resolutions for the marine and energy marketplaces, with an unmatched history of over 180 years of structural renewal and a long-standing pledge to Global Leadership Development.
It accumulated net sales of around EUR 5 billion in the year 2015 and has employed 18, 800 from 120 nationalities in around 70 countries. It has installed power plants in around 175 countries for a total of 58 gigawatts. They have been utilizing input from different sources, mixed sources. It has contributed a lot to the gas, marine, and oil industries. It has a massive customer base serving around 12,000 customers. It is at the edge of engineering innovation. It is mainly directed toward technological innovations and complete efficiency. The operations of the firm are directed toward the sustainability of the environment by planning and implementing products and services that are environmentally friendly and secure to utilize. In parallel conditions, they tend to run the business with sheer responsibility. This is a great step towards sustainability in terms of maintaining stability and thus executing a business successfully.
Problem Statement
The firm has almost 55% of the business execution in the world’s emerging markets like China and so needs leaders who can adapt easily to the local market needs. It demands a successful development of the firm’s corporate culture regarding high performance and world-class leadership. The culture should involve strategic intelligence, worldwide business insight, and intercultural capability to take the business into an effective future in any site around the globe.
Situational Analysis
The company is up going to a major target of EUR 5 billion reported in the year 2015. It has a workforce of around 18,800 from 120 nationalities in around 70 countries. The company is situated in Helsinki, Finland, and is registered in the Helsinki stock exchange body named Nasdaq Helsinki. It has been generating a major power of 58 gigawatts and supplied to around 12,000 customers every year. The organization is a leader globally in progressive technologies and comprehensive lifecycle resolutions for the marine and energy marketplaces, with an unmatched history of over 180 years of structural renewal and a long-standing pledge to Global Leadership Development. The firm is directed toward sustainability issues and thus is helping many industries like the gas, marine, and oil sectors. It is directed toward technological advancements and technological innovations. Its 55% market is currently running in expanding markets like China and thus there is a tire need for such workforces having a global leadership mindset. The vacancy is demanding people with strategic mindsets, business mentality n leadership acumen.
Needs of Strong Leadership
Leadership is the utmost requirement of a firm in leading global markets. The firm is expanding day by day and thus needs an expert and global mindset workforce who can adapt to any local market and understand their capacities and thus fulfill the void accordingly. Excellent leadership culture and leadership skills are required to implement the values and visions of the firm, be able to boost the morale among its employees whenever they are trying to back off, develop effective communication skills, be able to motivate the workforce, arrange correct resources whenever there is a need. The leader should be a role mole for the firm’s employees and thus creates an effective working culture in the firm’s premises, needs to address the needs of employees and thus support them, manage the workflow and thus maintain susceptibility in the work area.
Global Leadership Development Program
The program of global leadership development is used to create a co-curricular program that ultimately helps the organization to create and sustain a competitive edge in the market. Looking over the practices of the organization in different regions across the globe and especially in (China) consider a follower of its specific culture and in that time there is a need to identify and establish three different elements of leadership, which includes (self, other, and system).
This program starts from the self-understanding of every individual head that proceeds its working as a global leader there is a need to practice more to improve self-motivation and self-values that ultimately help to lead and identify the perspective of other members of the team. There is a need for all leaders to know their responsibility and try to improve their strengths to handle the in front raised difficulties...............
Global Leadership Development Case Solution
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