We live in a world where affairs are coordinated by strong leadership. The damaging effects of poor management are too glaring for all to see. What this implies is the inherent importance of leadership. However, the administration itself is influenced by several factors, some of which are more obvious than others. In this piece, the discussion will be focused on the role of climate and wealth in driving the leadership culture across the globe.
Organizational Climate and Leadership
Studies have shown a profound impact of organizational climate upon the style of administration deployed in an organization. These studies have also shed more light on the connection between corporate environment, emotional intelligence, and leadership style. These factors were deemed to be vital in determining the productivity of the enterprise.
For leaders to function optimally, all the relevant parameters have to be in place, and that is where organizational climate comes in once again. Quality of work life in a corporate environment means excellent working conditions, decent payment structure, hazard consideration, monetary and non-monetary compensation alongside working time. All these factors influence the kind of character that an enterprise, venture, or organization will get. It will also determine the leadership style that will be adopted.Â
In an organizational climate where a worker is treated correctly and with kindness, he or she will evolve to become a well-adjusted and balanced leader. On the other hand, if the organizational climate features heavy-handedness and other forms of oppression, it will also reflect in the kind of leadership style that those in the top echelon adopt. To show how vital the connection is, there are so many ventures that take it upon themselves to ensure that the organizational climate is made to be as comfortable as possible for their workers or employees and other stakeholders like the customers.
Wealth and Leadership
From the ancient empires, the connection between wealth and leadership has been very glaring and apparent. Wealth plays so many roles in power conditions, and this is because money itself is a strategic tool that can be deployed to significant effect.
In the corporate world, there are many instances in which selecting a head is a process that involves spending a lot of money. Much of the money is spent on things like logistics and lobbying. It is not a surprise that the rich are often also the ones in the position of power.
However, this is not limited to the corporate world alone. Governments also deploy a lot of financial resources when it comes to securing positions of power and leadership. An excellent example is the United States and management positions in institutions or organizations like the World Bank or the International Monetary Fund.
To become the World Bank president, for example, requires the mobilization of a lot of monetary and non-monetary resources. As the most developed nations of the world are also the wealthiest, they are typically the ones with the financial resources to pursue authority positions. So, yes, to a great extent, wealth does not only determine and influence administration culture, but it also drives it.
Global policies are made and even implemented by the wealthiest countries. These nations have automatically assumed the role of leadership, and this has been the practice for centuries. In the 21st century and even times in the past, wealth is equivalent to power, control, and authority. It is often stated that money talks, which is the reality of our existence on the planet.
The Future of Leadership in the World
The modern age has had its influence on the evolution of leadership around the globe. Future generations of workers are already being groomed to become leaders. It is apparent that in their time, values like trust, independence, merit, and autonomy will be significantly valued. Dictatorial, command, and control form of leadership is going out of fashion and, in the future, will become very unattractive. With the rise in awareness of individual rights, leadership evolution on a global scale will continue relentlessly.
