AUGUSTASIA BUSINESS OUTLOOK4 Vol 03 · Issue 04 - 8 · AUGUST, 2024 Alok ChaturvediPublisherManaging EditorSudhakar SinghAssociate EditorDarshan KAssistant EditorKeerthana H KEditorial Team Roshan AktharNalini Bramhanapalli Viswanathan AManager - DesignPrabhu Dutta A.R.N RayEditorial queries editor@asiabusinessoutlook.comSales Team Vinson Raj Vandana S Shajilal Akshay Pratap Singh Shubham GroverTo subscribeVisit www.asiabusinessoutlook.com/subscribe/ or send emailto subscription@asiabusinessoutlook.comMagazine Price is $30 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Pvt. Ltd. and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 Biz Print Media Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Senior Designer Rajesh R BVisualizer Aruna Ksuanya chakrabortyGM Sales & Marketing Nagendra Kumar KCirculation Manager P MagendranRedefining Leadership in Modern AsiaAsian business leadership is in a state of transformation due to the increased economic performance, technological developments and changing culture. In the past, management in Asia was more autocratic, where power rested in the hands of the top executives of companies and organizations. However, the current evolution is characterized by the shift towards more open and flexible leadership that is concerned with the involvement of people and being able to adapt to change. Among the causes for such change is the enhanced globalization of the region and the consequent integration into the world economy. Today's Asian leaders need to manage the global markets, lead multicultural employees, and track the trends around the world. This has led to the adoption of more universal leadership practices which put more emphasis on employees' enablement. Also, the increased adoption of digital solutions in organizations across Asia has made leaders adopt technology-enabled solutions. Managers are now supposed to be technologically savvy, specifically, on how the IT tools such as AI, big data, and automation could be deployed to the advantage of an organization. It is also a shift that is enabling young and dynamic leaders who are in tune with technological advancement to take leadership roles thus changing leadership paradigms. On the cultural perspective, there is a shift towards diversity and inclusion particularly in Asian leadership. With firms growing and competing in various markets, managers are beginning to appreciate the importance of diversity and are thus trying to increase the diversity in their organizations. It is with the view of staying updated with the emerging trends in the region's business landscape that Asia Business Outlook has come up with a special issue containing stories of leaders who have demonstrated their capability through their expertise. To strengthen this region's business landscape with their tightly-knit and result-oriented approach, they are setting new standards of effectiveness. Your input is valuable to us and we would appreciate your feedbacks and suggestions. Sudhakar SinghManaging Editoreditor@asiabusinessoutlook.com
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