The prevailing narrative around the Industrial Revolution in its first, second and third iterations is only partly true. Steam power, electricity and modern computing were in fact breakthrough technologies that rapidly came to the fore, disrupting established industries and creating new ones.
How to create positive change in board diversity? What is the role of chairmen in driving the diversity agenda? What advice can a pioneer in the economic empowerment of women give to aspiring female talent?
The ability to give and receive feedback is a fundamental leadership skill. Feedback improves outcomes and results, motivates performance, brings groups together, clarifies goals and objectives, clears outstanding issues and inspires development.
Board succession planning is straightforward and the outcomes reached through objective analysis, dialogue and debate, will ultimately yield a governance body that mirrors the needs of the business and the people it serves.
Asia has figured prominently in many western multinationals’ strategies. Recognizing this, many of our US and European client boards have sought board members who have deep experience working and leading in Asia. The desire for this experience makes perfect sense, but the most effective boards also recognize that factors beyond this Asia experience will determine whether a new director proves to be a successful addition to the board.
The need for greater international experience in boardrooms, especially in the U.S., has long been talked about, but with little real progress. Even S&P 500 boards remain very insular today. Yet the rapid globalization of markets seen over the past few decades will seem modest compared to the coming boom as new countries become top world economies.
The marked increase in Chinese acquisitions of Western industrial firms is a natural consequence of China’s emergence onto the global economic stage.
It should not be controversial to say that all organizations must be capable of some degree of innovation.
There is no longer much doubt that we are living and working in a time of unprecedented volatility and uncertainty.
In a world characterized by rapid change and increasing levels of complexity and uncertainty, asset management companies see new threats of disruption on the horizon.