Leadership Skills Needed for 21st Century Coursework

Leadership Skills Needed for 21st Century - Coursework Example Therefore new leadership skills are required for leaders which help them to handle those challenges. This case study highlights the views of famous leaders of some reputed companies regarding the leadership skills required for 21st century. Leadership skills play a vital role globalizing and enhancing different activities and processes of business. Oh-Hyun Kwon the Vice Chairman and CEO of Samsung has mentioned that leaders must upgrade their skills along with the changing business environment. According to Mr. Known, the modern world businesses are expanding globally at a very faster rate. Therefore, the business leaders must have broad mindset which will help them to act and think globally. The leaders need to have strong analytical skill. This will facilitate them to implement any decision in the complex business environment of 21st century. The firms of 21st century believe in innovations. Therefore, the leaders must have the skill to develop and establish unique products and services. This will contribute a lot in growth and development of the business (Bamberger and Meshoulam, 2000). In the present time the organizations have employees who belong from different cultural background. According to Oh-Hyun Kwon leaders should have the skills to embrace cultural diversity in the work place. They should extract good things fro m different cultures and motivate people to follow those things for reducing cultural gaps. The ability of strategic thinking is required for the leaders for enhancing the business processes. The leaders must develop different activities for helping the society and environment. For this reason they must have strong interpersonal skills which will help the leaders to establish connection with the people. The leaders need to have good communication power for enhancing the business process (Story and Barbuto, 2011). Strong communication will help them to provide knowledge to all organizational members. The