As nearly 60 per cent of the world's population reside in Asia, the region has increasingly evolved into the hub of global diversity and innovation. Asia has become the top foreign direct investment (FDI) destination in the world capturing a third of the $1.76 trillion in global FDI share. The implications for leaders of organisations operating in Asia are enormous, particularly in light of the following strategic challenges and opportunities.
First, the digital disruption of business models and practices are continuing to rewrite rules and rearrange boundaries of business. While it has helped create strong and steady economic growth in the region, it forces businesses to operate in a novel and ambiguous context. As such, organisational leaders are expected to engage in strategic sensemaking in order to provide meaning and direction, lest the organisational inertia sets in. Leaders are charged with directing creative people and efforts which require influential processes distinct from traditional leadership operating in normal organisational functioning.
The second challenge is leadership talent shortage at the global scale but primarily in Asia . The ever-growing multi billion dollar leadership development programs (an estimated $16 billion in the US alone) continue to fail to create steady leadership pipelines which produce real and significant impacts. Recent global leadership surveys done by consulting firms such as PwC, Deloitte, and Korn Ferry invariably suggest that there is severe lack of confidence in the ability of our leaders to deliver on strategic priorities.
Finally, the scholarly work on contextualised theories and constructs of leadership that accurately reflects the rich heritage, philosophy, traditions, and cultures of Asia is quite scarce. An overwhelming majority of leadership research is done in the West or at least premised on models and measurements developed in the West using data from one or more countries in Asia. Rigorous efforts to study leadership approaches indigenous to this region would bolster leadership effectiveness in Asian organisations and in turn accelerate further the contributions of Asia to the global economy.
In light of the above challenges, the 2nd Lead in Asia Conference invites submissions based on theoretical or empirical investigations that employ various methodologies and highlight a specific leadership and Organisational Behaviour topics.
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