Global mind set: a paradigm shift in corporate world’s leadership concepts through globalization

Author: 
*Vijeyata Tegwal, Chitra Jha and Sunil Tegwal

The concept of globalization has brought about significant changes in the corporate world. One crucial factor for corporate growth is having a global mindset. A global mindset refers to the ability of leaders to motivate individuals, groups, and organizations to adapt to different environments and cultures worldwide. It involves being open-minded and aware of the diversity present across cultures and markets. However, simply having a superficial understanding of global issues does not guarantee effective global leadership. True global leadership requires the acquisition of a genuine global mindset, which enhances leadership effectiveness on a global scale. As both cultural and business complexities continue to increase, the demand for a global mindset becomes even more crucial. In this complex and interconnected environment, the demand for a global mindset grows exponentially. This paper aims to highlight the shift in the concept of leadership brought about by globalization and to provide insights into the critical success factors necessary for developing a global leadership mindset.

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DOI: 
http://dx.doi.org/10.24327/ijcar.2024.2832.1616