Asia undoubtedly is the “new” center of the world. Economic rise in the region has accelerated growth in goods, products and services consumption, making the region a lucrative market for global enterprises. Even as Asia has been on a sharp economic growth trajectory for the last few decades, the region has also witnessed several big and small corporate governance failures.
Asian organizations need to take a much closer look at the human elements of governance — the makeup of the leadership in the boardroom. Leaders who spoke to us are convinced that Asian boards are increasingly expected to move beyond their traditional stewardship and trusteeship responsibilities on behalf of shareholders, to provide overall leadership to the organization.
This research study — a culmination of over a year of research led by the Center for Creative Leadership (CCL), in partnership with the Confederation of Indian Industry (CII), Institute of Corporate Directors Malaysia (ICDM), Institute of Corporate Directors (ICD), Philippines, Singapore Institute of Directors (SID), The Sri Lanka Institute of Directors (SLID), Vietnam Institute of Directors (VIOD), and supported by pymetrics, aims to further the Asian leadership development agenda, examining the current state of the Asian boards and board leaders’ collective leadership, and also enable them to look into the horizon and align their capabilities accordingly.