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Malaysia’s economy is growing steadily and the government’s ‘National Transformation 2050’ plan is actively promoting the country’s digital transformation. However, a new report suggests that to drive digital transformation initiatives, organisations need to look at developing digital talent consciously.
Analysis in Korn Ferry’s new report, titled Digital Leadership in Asia Pacific, indicates there are significant gaps between Malaysian leaders and the great digital leader archetype.
According to the report, the following are significant areas of development for Malaysian leaders:
- Build on their innate confidence to expand their leadership capacity.
- Their strong preference for structure suggests the confidence of Malaysian leaders is restricted to operating in process-driven environments with a high degree of certainty. They will need to find ways to unlock their confidence in more ambiguous situations.
- Culturally, a strong adherence to hierarchy and lack of open communication is inhibiting leaders’ ability to engage and inspire their people and empower their teams towards novel solutions.
- Leaders need to adopt a more humble and approachable style to invite their people to contribute opinions and ideas.
- Building connectivity both inside and outside of the organisation will assist leaders to guide their teams and create an engaging vision for the future.
The benchmark for Malaysian vs overall, proven digital leaders is provided below:
Infographic / Korn Ferry
Lead image / 123RF