Nav: Home

Asia Pacific: What lies ahead for its business leaders?

March 08, 2016

The Chinese market crash at the beginning of January 2016 made an unsettling start to the New Year. The timing is therefore apt for the publication of a new book Foresight & Strategy in the Asia Pacific Region. The basic premise of the book, irrespective of the economic performance of certain countries, is that the Asia Pacific is and will continue to be the long-term economic powerhouse of the world. The authors Luke van der Laan and Janson Yap argue that its stability and potential will also largely determine the global economic outlook. Consequently, to optimise stability and potential, foresight and strategic thinking by business and political leaders in the Asia Pacific is an imperative.

"Janson Yap and I suggest that the Asia Pacific has become the site of a global 'chess game'," said Luke van der Laan. "With slipping economic power in Europe and the economic tightrope in the US, moves by the West to gain influence and power in the Asia Pacific have become dramatically more urgent. The Chinese have said, and will continue to say, that they play by their own rules and that this structural adjustment in their economy was expected. What they are not openly saying is that the same reasons causing the Global Financial Crisis are once again becoming increasingly apparent: global corporate greed, sub-prime lending and artificial values."

This book explores the importance of strategy and how to make it work in an environment characterised by constant change, such as the Asia Pacific region. It offers insights into the optimisation of economic potential and social cohesion enabled by leaders, which is crucial to the global economy and living standards. It highlights sound foresight, strategic thinking and innovation as the critical underpinnings of successful business, policy and governance, and explains how these essential elements can be integrated in practice. The book suggests that those who embrace this (and are one step ahead of change) do well. It also implies that those who don't have these capabilities will fail. Deloitte Southeast Asia CEO, Chaly Mah, touches upon this theme in a dedicated chapter by providing specific insights into the cultural aspects of business conduct in the Asia Pacific region.

The book will help leaders and strategists to make sense of the intricacies of how business is conducted in the Asia-Pacific region. It also vividly illustrates the promise of the region's futures and the importance of foresight towards creating a better future for individuals, their organizations, communities and indeed society at large. It is of interest to leaders, industry practitioners, researchers and students alike.

Luke van der Laan is the Director of Professional Studies at the University of Southern Queensland, Australia, and member of the Australian Centre for Sustainable Business Development (ACSBD). With extensive experience as a CEO, non-executive director and trustee, he describes himself as a pracademic, integrating both practice and scholarly insights in his efforts to de-mystify both looking into the future and the practice of strategy. Janson Yap is the Regional Managing Director of the Risk Consulting Division at Deloitte (Southeast Asia and Asia Pacific). Embedding the innovation culture into the DNA of the Deloitte Southeast Asia organization is also part of his business portfolio where he also holds the title of Innovation Leader.
-end-
Foresight & Strategy in the Asia Pacific Region

Practice and Theory to Build Enterprises of the Future
Springer. 2016, XVII, 201 p.
Hardcover € 59,99 | £53.99 | $79.99
ISBN 978-981-287-596-9
Also available as an eBook

The authors are available for interview. Review copies on request.

Springer

Related Innovation Articles:

Scaling up search for analogies could be key to innovation
Investment in research is at an all-time high, yet the rate of scientific breakthroughs isn't setting any records.
Why you should be concerned about Oprah Winfrey when introducing an innovation
New research by Bocconi University's Paola Cillo and Gaia Rubera with Texas A&M's David Griffith asserts that the reaction of large individual investors to innovation is an important component of stock returns, their reaction to innovation depends on their national culture, and there is a way to segment large individual investors and pitch innovation to them accordingly.
Responsible innovation key to smart farming
Responsible innovation that considers the wider impacts on society is key to smart farming, according to academics at the University of East Anglia (UEA).
Pillars of academic innovation
Highlights from the Sixth Annual Conference of the National Academy of Inventors, including high-tech solutions to combat child pornography and radicalization materials; groundbreaking programs to promote STEM major retention; and new materials for wearable technology.
Universities drive innovation in the classroom
The current issue of Technology and Innovation, Journal of the National Academy of Inventors ® (19.2) examines innovation from the university perspective, highlighting what the most innovative institutions and educators worldwide are doing to prepare future engineers and industry leaders to effectively manage IP to grow their companies and the global economy as a whole.
More Innovation News and Innovation Current Events

Best Science Podcasts 2019

We have hand picked the best science podcasts for 2019. Sit back and enjoy new science podcasts updated daily from your favorite science news services and scientists.
Now Playing: TED Radio Hour

Erasing The Stigma
Many of us either cope with mental illness or know someone who does. But we still have a hard time talking about it. This hour, TED speakers explore ways to push past — and even erase — the stigma. Guests include musician and comedian Jordan Raskopoulos, neuroscientist and psychiatrist Thomas Insel, psychiatrist Dixon Chibanda, anxiety and depression researcher Olivia Remes, and entrepreneur Sangu Delle.
Now Playing: Science for the People

#537 Science Journalism, Hold the Hype
Everyone's seen a piece of science getting over-exaggerated in the media. Most people would be quick to blame journalists and big media for getting in wrong. In many cases, you'd be right. But there's other sources of hype in science journalism. and one of them can be found in the humble, and little-known press release. We're talking with Chris Chambers about doing science about science journalism, and where the hype creeps in. Related links: The association between exaggeration in health related science news and academic press releases: retrospective observational study Claims of causality in health news: a randomised trial This...