(BU52014/BU52020/ BU52036/ BU52037/BU53003) Summer Project Report Assignment Sample 2024
Background of the research
Leadership plays a vital role in the success of international business even though it may be stated that without proper leadership in an organization one will not be able to expand the international business. In this research, the impact of different leadership styles in international business will be discussed in detail.
Research questions
The research questions are as follows:-
- What are the main impacts of leadership in international business?
- What are the current issues of leadership in international business?
- How will the issues of leadership be solved in international business?
Importance of the topic
It may be noted that failure of communication is one of the main issues which creates a negative impact on international business. In addition to that, ineffective leadership also demotivates employees of an organization while demotivated employees will not be able to enhance the productivity of an organization. Leadership has a significant influence in international business even though it has been observed that effective leadership will help to enhance the motivation of employees which will be extremely essential for the success of the international business.
It may be mentioned that there is an intimate relationship between leadership styles and organizational performance which indicates the importance of leadership in international management. In addition to that, leadership also influences the organizational culture even though a healthy organizational culture creates a positive effect in international business (Khajeh, 2018).
Moreover, it may be implied that transformational leadership styles are extremely effective to mitigate the issues of miscommunication although it will help to increase the motivation of employees which resulted in the success of the international business. Additionally, it may be derived that leadership plays an essential role that helps to enhance the team building, creativity and innovation of an organization (Hughes et al., 2018).
Theoretical framework
In this modern era, an effective leadership style may create a positive impact on the success of international business although it has been observed that transactional leadership style is also helpful to motivate the employees of an organization. On the other hand, a poor leadership style may hamper the production of an organization while proper leadership management will ensure the success of an organization.
On the other hand, it may be argued that transformational leadership is one of the effective leadership styles which establish effective communication to address the strengths and weaknesses of international business (Bonsu and Danso, 2018).
Methods and analysis
In the modern era, failure of communication and demotivation of the workforce are the two biggest issues of leadership which affect the internal business of an organization. It may be mentioned that the research process will use the secondary data collection method which will be extremely suitable to analyze the use of leadership in international business.
Additionally, thematic data analysis will be used in this research process. Moreover, the data will be collected from scientific journals and trusted scientific websites.
Findings
It may be acknowledged that the research will definitely help many international organizations since it will address and resolve the issues of leadership in international business which will be extremely valuable for the success of these organizations.
References
Al Khajeh, E.H., 2018. Impact of leadership styles on organizational performance. Journal of Human Resources Management Research, 2018, pp.1-10.
Bonsu, S. and Twum-Danso, E., 2018. Leadership style in the global economy: A focus on cross-cultural and transformational leadership. Journal of Marketing and Management, 9(2), pp.37-52.
Hughes, D.J., Lee, A., Tian, A.W., Newman, A. and Legood, A., 2018. Leadership, creativity, and innovation: A critical review and practical recommendations. The Leadership Quarterly, 29(5), pp.549-569.
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