Developing balanced leadership team – An ultimate challenge in global companies succeeding in a hyper-competitive global economy

Organizational leadership in global corporations has always been a challenging task for several decades. It has become even more stressful and difficult in recent years. Global economy hallmarked by open trade, friendly tariff practice, and relatively easier flow of capital, intellectual property, and low-cost labor brought tremendous benefit to consumers while intensified global competition among global companies. Since 1985, there has been a sharp increase in the number of companies that Standard & Poor calls high risk. The forecast for most companies is continued chaos with a chance of disaster. The most common advice you heard over the years has been “to get comfortable with it.”