The Causes Of Globalization

Globalization is the process of integration and interaction among the people, companies and governments of different nations. It is a worldwide movement towards economic, financial, trade and communications integration. Moreover, globalization implies the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods and services across national frontiers. However, it does not include unhindered movement of labor and may hurt smaller or fragile economies if applied indiscriminately (Kose, M. A. 2013).

Globalization has resulted from several factors. First, Improved transport which has made global travel easier. An example is how there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe (Kose, M. A. 2013). Second, containerization where there was a rapid adoption of the steel transport container which has reduced the costs of inter-modal transport making trade cheaper and more efficient.

Third, Improved technology which makes it easier to communicate and share information around the world. Growth of multinational companies with a global presence in many different economies is another cause of globalization (Hitt et al, 2014) .

It is inspiring others to pursue your vision within the parameters you set to the extent that it becomes a shared effort, a shared vision and a shared success. Leadership maximizes the efforts of others towards the achievement of a goal through the process of social influence. The adaptive leadership theory entails leading and following as a complex adaptive process. This theory explains how recurring patterns of leading-following interactions produce emergent leader-follower identities, relationships and social structures that enable groups to develop and adapt in dynamic contexts. (Hitt et al,