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Setting the Stage

In: Leadership in a Globalized World

Author

Listed:
  • Frannie Léautier

    (Mkoba Private Equity Fund)

Abstract

This chapter introduces the main spheres, observed patterns, drivers, and locus of change taking place. Detailed illustration is given of the four main spheres of change—people, resources, economy, and technology. Key patterns covered in the people sphere relate to demographic changes (youth, aging, population growth, urbanization, and migration). In the resources sphere patterns of change in water, food, energy, and environmental systems are given special attention. In economics, the focus is on change at the country and global levels such as in finance, trade, and integration of economies and societies, but also at the individual and firm levels as in patterns of production, sourcing, sales, and branding. The patterns of change in the technology sphere appearing in this chapter relate to knowledge, science, experience, and innovation. The main skills introduced are reacting to tectonic change, using the first stage of Theory U of downloading and observing patterns and trends. A case study of the Monsanto Company highlights the decision-making and choices of a multinational company facing tectonic changes in all four spheres. Lessons from the case are used to draw issues of importance. The reader is guided through practice questions that aid using the material for similar situations.

Suggested Citation

  • Frannie Léautier, 2014. "Setting the Stage," Palgrave Macmillan Books, in: Leadership in a Globalized World, chapter 1, pages 24-53, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-43121-9_2
    DOI: 10.1057/9781137431219_2
    as

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