Asked by Jared Jacobson on May 09, 2024
Verified
Clifford Inc., a global media firm, has been experiencing a steady reduction in its global market share. It is found that the company's management and administrative positions are occupied by members of the majority community, which is may be hindering the creative growth of the company. If you were a senior advisor to the top management of the company, what would you suggest to bring about a positive improvement in the firm?
Global Market Share
The portion of the international market that a company controls, often expressed as a percentage of total global sales in its industry.
Creative Growth
The process of developing innovation and creativity, often leading to new ideas, products, or artistic expressions.
Majority Community
A demographic or social group in a society that represents the largest percentage of the population.
- Acquire insight into the function of leadership in promoting a culture of diversity and inclusivity in a professional setting.
Verified Answer
It is equally important to emphasize that global leadership skills are important to improve a company's reputation and contribute to a sustainable competitive advantage. Excellent global leaders have a leadership style that generates superior corporate performance in terms of four criteria: (1) profitability and productivity, (2) continuity and efficiency, (3) commitment and morale, and (4) adaptability and innovation. Behavioral complexity is the term given to this ability to attain all four criteria of organizational performance. Excellent global leaders are able to understand complex issues from the four perspectives just mentioned and to achieve the right balance. For example, when a company is facing a mature market, it might be necessary to invest more effort into being innovative than into achieving high profits.
Learning Objectives
- Acquire insight into the function of leadership in promoting a culture of diversity and inclusivity in a professional setting.
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