Leading for High Performance in Asia Contemporary Research and Evide

How do leaders lead for high performance in Asia, the fastest growing region in the world? What are the new leadership influential processes and skillsets needed to engage the organizational members in creative and meaningful ways? In this book, readers w

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ading for High Performance in Asia Contemporary Research and EvidenceBased Practices

Leading for High Performance in Asia

Sen Sendjaya Editor

Leading for High Performance in Asia Contemporary Research and Evidence-Based Practices

123

Editor Sen Sendjaya Swinburne Business School Swinburne University of Technology Hawthorn, VIC, Australia

ISBN 978-981-13-6073-2 ISBN 978-981-13-6074-9 https://doi.org/10.1007/978-981-13-6074-9

(eBook)

Library of Congress Control Number: 2018967729 © Springer Nature Singapore Pte Ltd. 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore

Preface

As nearly 60% of the world’s population reside in Asia, the region has evolved into the hub of global diversity and innovation. It is no doubt the fastest growing region in the world. The latest data to date show that Asia is 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 the light of the following strategic challenges and opportunities. First, the digital disruption of business models and practices is 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 norm