Developing GLOCAL leaders in Asia
Other Publication ResearchOnline@JCUAbstract
This study examines leadership development in Western MNCs through the lens of glocalisation. Glocalisation is characterised by the melding of local and global considerations in business operations. To sustain and grow, Western MNCs need to effectively leverage Asian talent to fulfil their global aspirations. Our recent conversations with Western MNCs in Asia indicate that Asians tend to be under represented in Western MNC leadership roles. This under representation of leaders from different cultures in MNCs has been validated by previous research. For example, Ghemawat and Vantrappen reported that in 2013, the representation of non native CEOs in the Fortune Global 500 was only 13%. This is unfortunate as our interviews with HR and senior leadership in this study affirmed that: 1) There is no perceived leadership talent shortage in Asia. 2) Asian leaders have the potential to be just as successful as Western leaders in Western MNCs.
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51
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Human Capital Leaders Institute
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Singapore
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