The Rise of Asia Means You Need Different Style of Leadership

The challenges of globalization and global markets require new leadership – of broader collaboration among diverse players. “Countries and organizations can no longer operate under the outdated notion that they are surrounded by intact borders and bear sole responsibility for taking charge over what happens on their turf,” writes Rick Lash for the Globe and Mail. “Leadership in the new world order is all about harnessing diverse resources and figuring out how to collaborate to solve complex problems that change moment by moment.” Management practices and values in rising Asia are more confident, influential and less dependent on the West. To survive, companies in the West must be flexible and culturally sensitive while developing strategic thinking, multilingual capability and local leaders. He suggests that collaborative leadership will be more successful than individual leadership: “Leaders who have the ability to bring together diverse teams, drive innovation and get everyone all pointing in the same direction will be the winners in the new global economy.” – YaleGlobal