Vijayan, Munusamy, Leong, Jonathan, Goveravaram, Archana Das, Lee, Lucian, Tay, Wan Ying, Tan, Kim Lim, and Tan, Min Hui (2022) Developing GLOCAL leaders in Asia. Report. Human Capital Leaders Institute, Singapore.

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Abstract

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.

Item ID:	78634
Item Type:	Report (Report)
Date Deposited:	01 Jun 2023 00:03
FoR Codes:	35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3505 Human resources and industrial relations > 350503 Human resources management @ 100%
SEO Codes:	28 EXPANDING KNOWLEDGE > 2801 Expanding knowledge > 280106 Expanding knowledge in commerce, management, tourism and services @ 100%
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