When it comes to skills, Singaporeans have what it takes to be leaders. Why then aren’t there more Singaporeans heading global companies? Former McDonald’s China CEO Kenneth Chan weighs in.
Working with veterans with decades of experience was a tall order. I had to respect their seniority, adapt to their, while leading the team to reach objectives set by the higher-ups.
I went to China with my wife and two cats. I had never been to China before and my Mandarin as a second language was mediocre. Since I had little prior exposure and knowledge of the marketplace, I decided the best option was to aggressively immerse myself in the environment, to quickly understand the issues, opportunities, vast geography, and most importantly, the people who were at the heart of our business execution.
Today, the spotlight is turning towards Asia as firms increasingly look to the region to grow their businesses. According to the International Monetary Fund, Asia’s economy is expected to grow 4.6 per cent this year, contributing about 70 per cent of global growth.
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