Characteristics of a Future Leader Research Paper

Characteristics of a Future Leader - Research Paper Example The managers, who will lead business enterprises in the future will, therefore, have to possess the required qualities of leadership for the survival of the business. The second sector shows the methodology used in the research work then the challenges that leaders face nowadays with the inclusion of examples are shown. There is also information on how dynamic planning blueprints look like and the new areas that leaders should focus on. Moreover, the note shows the lessons that past leadership behaviors have taught the business world. Furthermore, the research shows the leadership that the current and future generations will have. Finally, the note has a conclusion, which summarizes the research work. Introduction Currently the business issues around the globe have taken a new trend, and when compared to the past, a significant difference is notable. For instance, the way the business used to operate in the past is remarkably different from the way they are operated today. These chan ges in the world of business have occurred because many entrepreneurs are venturing into business activities thereby the competition in the markets has grown too stiff (Anderson, 2006). Moreover, competition has further, been intensified because most businesses embrace technology, which helps them to perfect their services, produce their products at a faster and cheap way and be able to make sales significantly. Technology has, therefore, intensified the competition (Kontes, 2011). Furthermore, the stiff competition is because customers nowadays are extremely keen on the quality than on quantity hence businesses produce products of high quality to satisfy the customer need. Since the production is high, the businesses make different selling strategies thereby intensifying competition. The current generation, therefore, has innovated new trends, which will help in sustaining the businesses in the market. These trends are the use of forensic accounting in the departments of businesses , fusing of business and technology into one system among others (Nahavandi, 2012). From this, it is evident that, in the future, the competition will elevate hence the business leaders of the future ought to possess the required qualities that will help sustain the business, as the competition in the market gets stiffer. Methodology Data Sources The sources of the research work were from the internet books. Other information was collected various business managers through interviewing. Results and Discussion New and Distinctive Challenges New Leaders face New leaders face various challenges in businesses because they have the skills but have no experience of how skills are applied. The first challenge faced by new leaders is that people will not want their leadership (Williams, 2005). Since the new leader will try to make their own way of leading the business, the new leader might face opposition because the most workers are used to the old trends (former leader’s rules). Th e workers will, therefore, feel that the idea of the new leader will fail because the business has never tried using his or her idea.