Monday, June 17, 2019

Leadership & Negotiation Essay Example | Topics and Well Written Essays - 1000 words

Leadership & Negotiation - Essay ExampleFrom the discussion it is clear that organizations are portrayd with an alarming shrinkage in the availability of specie as obtaining credit has become harder, a fact which has resulted in driving well established businesses to the point of bankruptcy. The global recession also proves to be a considerable ch allenge because inflation has increased the level of risk associated with business activities and in these times of the financial crunch.This essay discusses that smaller businesses will generally be much more sensitive to the on going credit crunch because of their limited sources of external funding, larger more well established organizations will face the difficulties of keeping a huge business set up going in an atmosphere of financial vulnerability. Hence it would be safe to say that all sorts of businesses are facing considerable difficulties during these times. However, there are some ways that organizations can counter these circu mstances. Leaders must aim to build their organizations credit structures in a way which enable them to weather the bitter cold shock to the credit markets . Leaders of small to medium organizations can visualize credit approval by devising strong negotiation strategies and can also look towards other sources of external financing such as convention funding.Leaders will have to learn how to make their organizations more flexible, because surviving in todays business environment subject matter that organizations will have to respond to the micro-markets demands in a timely manner, and this can only be done if organizations are flexible.

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