Leading in a Multi-polar World
Accenture published another interesting article how to lead and manage change in a Multi-polar world.
What do they mean with that? Lets see!
Accenture is talking about a company in Brazil that was expanding their business model from producing just iron ore into nickel, copper and coal. And in doing that acquired assests in Australia, Canada and China to increase and strengthen their competitive position.
Based on this example, as the company’s business became global because of their growth strategy to describe the critical success factors to lead and manage a company effectively through that change.
The stunning emergence of a developing market multinational like Vale (the company used in the example) is possible only in a multi-polar world—one in which the flow of innovation, talent and capital is truly global and no respecter of political boundaries. It’s a world with astounding possibilities, to be sure, but astounding risks and pitfalls as well. Executive leadership will be challenged more than ever to manage the elements of organizational change now that companies can reach further, bring together more people and cultures, and serve more customers at almost every point of the compass.
As we as project managers sometimes are the executive power to put the strategy in place based on projects and programs that are delivered we need to be integral part of that leadership and managing approach.
So go and read the full article here to understand their investigated principles.