Global Effect of Leadrship Cultural and Economic Change

INTRODUCTION Leaders of the Future will be more innovative, diverse, and values-oriented. They will come countries with a high growth potential outside of North America, Europe, India and China, places were leaders also must address obstacles such as poverty or environmental degradation, regardless of the sector or the focus of their expertise. United States of America has a great strength in diversity. There are a few countries in the world that can claim a workforce as diverse, innovative and driven. Our talent pool is rich in culture, language and ideas that have made the U.S. the world’s leader in the development of new technologies. However, we are not reaching our full potential, because not every member of our society has equal access to the innovation economy. In order for the U.S. to sustain and grow their competitiveness in this rapid changing global market, it needs to make sure to leverage the diversity of its workforce. According to the Eisenhower Executive Office in Washington, D.C. A national dialogue on inclusive economic competitiveness is emerging. Over two hundred leaders from the business, non –profit, government, education and tech worlds recently met to discuss how they can ensure all Americans, including those from underserved and underrepresented communities, will have the opportunity to successfully compete in the technology sector of our economy. Global Leadership is changing due to its international competition and shift in the global balance of power to Asia and to the rise of global middle class. India and China are rapidly becoming world powers, Asian management practices and models are becoming more influential, and emerging nation are increasingly trading between themselves. Despite the rise of a global middle class, regional markets are behaving more idiosyncratically with local regionalization. And making the global business world riskier which creates greater problems with volatility, increasing financial crises,