With increased complexity, globalization and interconnectedness companies are forced to adapt to constant change faster than ever. New technologies disrupt industries overnight. The high demand for skilled specialists has changed the power balance for the benefit of the employee. And globalization enriches our workplaces with a broad mix of cultural influences.
This new landscape of complexity puts completely new levels of demand on global leaders operating in this environment. And global leaders are a scarce resource. According to A Case Study of Leadership Development Best Practice, only 16% of the multi-national companies planning to globally expand their operations reported having enough Global Leaders to fill the critical roles.
Therefore, companies should make it a business priority to provide their leaders with adequate training to fill the expertise gap. Luckily, a variety of different Global Leadership organizations provide a portfolio of services to meet the demand. Here are four of them worth checking out.
The order they’re presented in doesn’t signify a rating — it all depends on what you as a global leader are looking for in a global leadership program.
1. Gain the Right Tools with Wharton Executive Education
“The only constant in life is change.” Famously said by Greek philosopher Heraclitus, change management experts know that this still holds true today — except that the speed of change has picked up enormously since the pinnacle of Greek society.
The rapid changes reshaping business today require leaders who stay ahead of that speed of change. Wharton’s Global Strategic Leadership program helps executives understand global leadership dynamics and gain a new mindset and tools to create a clear global business strategy.
The Wharton faculty support participants in anticipating future changes and staying ahead of economic forces shaping global business. The program helps global leaders to identify the early signals of change in their organization, industry, and geography, and understand how they’re linked. This enables leaders to gain greater agility to transform their international business strategies and visions to inspire growth and successful, intentional and desired change.
Wharton especially focuses on strategic thinking, vision, and global context — the intrinsic factors of global business expertise, one of the four main competencies a global leader needs to be successful.
2. Political Leaders Access Confidential Support through Global Leadership Foundation
Global leadership doesn’t have to be all about business — these days, politicians must also learn the ins and outs of being a successful global leader. The Global Leadership Foundation is a not-for-profit organization operating discreetly and in confidence to support political leaders across the world. Their mission is to nurture good governance in the world by providing today’s national leaders with the experience of yesterday’s leaders.
Increased polarisation, populism, and economic crises put even higher demands on today’s leaders to foster open and free societies. Faced with this challenge you can feel alone at the political top. Thanks to this organization, you don’t have to be.
3. Foster Cultural Agility and Inclusivity with Aperian Global
The right corporate culture can fast-forward the necessary business transformation. Culture is becoming increasingly important for the success of companies, and it is important to foster an agile, inclusive and adaptable culture to succeed in a global context.
An organization that can help organizations foster cultural agility and create an inclusive workplace is Aperian Global. Aperian Global is laser-focused on the global leadership aspect of providing a program in which they support expats to become successful in their new international assignments. Sending employees abroad is more than just buying a flight ticket, and Aperian Global helps organizations establish successful expat programs.
Global leadership isn’t just a fancy word you can learn during a one-off training session. It requires dedication, a never-ending curiosity to learn, and a willingness to adapt and change.
Fostering global leadership requires a portfolio of leadership training, coaching, network support, culture, and business transformation. We think the three mentioned global leadership organizations marry beautifully with what we do. So how can we help your organization secure the business-critical global leaders of tomorrow?
4. Develop Multi-National Leaders with eurac’s Global Leadership Development Program
Traditional leaders are struggling with the increase in complexity, cultural change, disruption in technology and globalization. According to World Economic Forum, securing Global Leadership “remains the biggest challenge of all for 2013 and beyond”.
According to McKinsey, global leadership is of the highest priority for organizations to enable global success. The increased expectations on leaders today can be rather daunting for traditionally educated leaders, however, you are not alone. According to Deloitte (2015), only one out of three leaders reported being effective across markets.
We’re here to equip leaders with all the necessary skills to become an effective global leader, incorporating all aspects of global business expertise, like change management, as well as the necessary inter-/intra-personal and multi-cultural competencies.
eurac Global Leadership Development Program — What You’ll Learn
The two most important skills required of a global leader can be divided mainly into two domains:
- Technical / professional competencies and skills
- Competencies associated with connecting and relating with people who differ culturally from the leader
As companies are generally experienced in equipping leaders with the necessary technical and professional competences, we focus on developing leaders within the second domain. Based on Allan Bird’s “A Framework of Nested Global Leadership Competencies”, we develop leaders within four main skills:
By developing these four key competencies of global leaders, you set a solid foundation for true global leadership. It requires dedication and a strong drive to learn and adapt, however it is our belief that all leaders with the right attitude can learn this scarce skill. Get started here.
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