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Globalization and Sustainable Leadership

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Leadership Development in a Global World

Part of the book series: The Palgrave Macmillan IESE Business Collection ((IESEBC))

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Abstract

In the wake of mass layoffs, cost reductions and other drastic actions that put people second in the struggle to overcome financial challenges, firms are discovering just how costly it is to maintain the commitment and productivity of their employees. A different approach is required to build sustainable organizations where the wellbeing of multiple stakeholders is at the center of companies’ goals. Such an approach takes time, but it can be done, provided that leaders adopt a longer-term, humanistic perspective. Firms with the vision to understand this and take advantage will succeed in the market (Fernandez-Araoz, 2011). While factors such as the economic environment cannot be changed, one thing that can be influenced is who the leaders will be. In fact, while many corporations report a shortage of global leaders, studies of leadership and leadership development have paid limited attention to time factors and humanistic aspects: contributing to social sustainability encompasses both.

The mark of good and strong leadership is to ensure a steady stream of new leaders.

The system itself must be self-perpetuating. Sustainable — to use the current beloved term. Leaders Create Leaders.

Dr Siegfried Russwurm, Managing Board Member of Siemens AG

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Author information

Authors and Affiliations

  1. IESE Business School, University of Navarra, Spain

    Marta M. Elvira (Professor of Managing People in Organizations)

  2. EGADE, Tecnológico de Monterrey, USA

    Anabella Davila (Professor of Business Administration)

Authors
  1. Marta M. Elvira
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  2. Anabella Davila
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Editor information

Editors and Affiliations

  1. IESE Business School, University of Navarra, Spain

    Jordi Canals (Dean and Professor of General Management) (Dean and Professor of General Management)

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© 2012 Marta M. Elvira and Anabella Davila

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Elvira, M.M., Davila, A. (2012). Globalization and Sustainable Leadership. In: Canals, J. (eds) Leadership Development in a Global World. The Palgrave Macmillan IESE Business Collection. Palgrave Macmillan, London. https://doi.org/10.1057/9781137283320_8

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