Describe, identify, and discuss the critical environmental elements that may influence leaders' adaptability and success.
Adaptability is the ability of a leader to fit in various environments through the changes that occur in an organization. There are three major elements that a leader should possess, that are, the ability to motivate their staff, the ability to work in cross-cultural environment, and the ability to develop the appropriate measures to enhance ability to change.
The leaders must be keen to observe the external environment, decode the changes, and reinvent the changes into the business model. A good example for this is Tesco Company. The company carries out detailed analyses with reference to the loyalty card customer who totals to 13 million. They have made a continuous pattern so as to enable them to customize their offerings according to the needs of the customer. It enables leaders to create a framework that can adapt to threats and opportunities.
The other elements that influence the success and adaptability are the leader’s ability to work across culture. Globalization and technologies combined together have created a new set of trends for the CEOs. The readiness of a leader to be able to appreciate change makes the difference between leaders who are successful and those who are unsuccessful.
Now, the ability to manage teams and employees. This is a leadership competency that should be adopted by all leaders. A leader cannot succeed alone, instead, there is a need to work in collaborative efforts with his or her employees thus allowing achievement of the organizational goals. They set the example to their employees regarding values, considerations expected from their employees.
Other factors include effective communication with employees. Further, they have to promote the skills of individuals using proper training programs. They should cultivate the talent of their employees through motivation.
A manager who possesses the above skills will respond positively to changing circumstances, lead the teams well, and provide solutions to the existing problems.
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