of Effective Leadership
Pick up a newspaper most any day, or go to the news section of any popular internet platform or search engine, and there will be stories about major organizational changes. It is not even necessary to go to the business section. Leadership challenges are front page news. These range from e-commerce start-ups to expanding competition in industries that had been monopolies. This chapter sets the stage for the book by examining business trends, and the implications of these trends for needed leadership skills. Transformational, adaptive, and enabling leadership are emphasized as keys to effective leadership in the changing business environment. The chapter also considers the implications of these trends and key leadership dimensions for state-of-the-art leadership development programs. It then highlights the themes of the book, in particular, the focus on the importance of leaders' insight into themselves and their environment and how leaders need to take responsibility for their own development and support the development of the people who work for and with them.
Most individuals in the business professions, as well as those in other lines of work, are aware of, and keenly feel, the increased pressure of the rapid pace of change. Consider the following trends: Many businesses are multinational. They have operations that produce and sell products and services around the world. They own foreign subsidiaries and form joint ventures with companies in a variety of nations. This poses challenges for the leaders of these firms to under-