LEADERSHIP | DEVELOPMENT
Of course , Asian executives can also lead by example , showing the rest of the world how to cope with key concerns around disruption and displacement . Disruption in the form of digital transformation , the pandemic , and social justice concerns have led to destablisation and displacement , both within and across regions , believes Patel .
“ Asian territories have a unique opportunity to take the lead in addressing the challenges of displacement and disruption ,” he says . “ Unlike the US , where there is sometimes resistance towards progressive measures such as ESG reporting , Asian businesses , particularly those with a strong sense of community and a longterm generational outlook , can embrace the need for change and are looking to harness bespoke executive education programmes to drive meaningful transformation .”
Patel adds that increasingly leaders are thinking longer term – seeking to understand how automation and strategic planning can be leveraged to create a lasting legacy beyond short-term gains .
“ In countries like India , Korea , the Philippines , and Vietnam , where many large conglomerates are family-owned , the inherent foresight and multi-generational perspective provide a competitive advantage ,” he says .
“ By taking the lead in these conversations and implementing forward-thinking strategies , Asian businesses can position themselves as pioneers in navigating the complexities of displacement and drive sustainable growth in the face of disruption .”
The need for bespoke business learning Not all executives are alike , and so having a ‘ one-size-fits-all ’ approach to education is finally becoming a thing of the past . The appetite for executive education remains strong , and is clearly growing , but companies are demanding more tailored solutions that address their specific needs .
“ At INSEAD , we stay close to change by maintaining an active connection to the market and to reality ,” says Hasija . “ We do this with organisations by co-designing training with them , working cheek by jowl to pinpoint needs , figure out solutions and determine the design of the programmes we offer .
“ For individuals , again we leverage our work with corporations to understand emerging market needs and we translate those needs into impactful learning experiences .”
80 December 2023