Global Leadership Concerns for the Future

It is my belief that the powerful driving forces that will impact my future business will be online and mobile communication, globalization, attitudes to the environment generational change, rising customer expectations, technologically savvy and many more issues will raise vital challenges for the company. In the world of business, increasing globalization of commerce and trade has created new challenges for business leaders throughout the marketplace (Goldsmith et al, 2003). As a leader my concerns for the future will be first to, understand how both foreign and domestic trade policy will affect a particular business structure. For instance, a Limited Liability Company (LLC) will have different guidelines to follow under Federal Law than a C-corporation, which also will have varied guidelines to follow if conducting business outside the U.S. or with other countries. Look at trends in emerging economies. Many developing countries such as India and China are becoming some of the largest and fastest-growing economies in the world (Ernst & Chrobot-Mason, p. 2011). A leader must be aware of the company's exposure to other cultural concerns. The international relations between a company's country of origin and the other nations we conduct business with are important to the livelihood of the business. Second, my global leadership concerns for the future are diversity training and development; there is not enough. According to Goldsmith et, al (2003) strengthening diversity is an ongoing business challenge without easy and answers. Yet, when channeled and guided effectively diversity in the workforce and customer base challenges ideas and helps businesses produce and thrive, leading to measurable and lasting results at all levels of business. Many companies have embraced a solution to incorporated diversity training into