Reflect upon TWO specific observations made in the video transcript that are particularly significant to you in the context of 'Leadership in Asia'. Why are these observations significant to you in your current role as a university student, and in your future career? Be specific, and relate your response to 1-2 concepts/theories such as Fiddler's contingency approach, Path Goal Model of Leadership, Vroom and Jago contingency model, or Transactional versus Transformational leadership approaches

Video transcript:

1. The game has changed

Now what we're saying to the aspiring executive is a free to chase their dreams anywhere in the world and in fact not only is it a desire for them to do so but it almost a mandatory requirement for the company's harm them

if you're a global leader operating in this new paradigm the sort of skills that instantly become more valuable the ones that empathy and understanding and it's almost expected that you understand how different people going to develop their careers, what the opportunities are available to them, you're culturally sensitive, your global in your perspectives, any worldly in your approach

2. The power of "Experience Diversity"

ok a lot said these days about ethnic diversity gender diversity, but much less about experience I've read I think that one of the key elements of good functioning team at the helm of a global company is to have a broad range of global experience, bringing all these experiences together will create different perspectives and a much better collective normal and lead to much better strategic decisions. I think it's incredibly important global experience and when I say that I do not just mean having lived in different countries but that doesn't necessarily mean our global leader your global leader when you have led a process were led decision-making process have been part of an executive management team that as the find a strategy executed the business management process mistaken product to market four different countries that's really we were global is the reason why that's super important in today's environment is that i'd firmly believes that every company wants to be successful needs to have a top management team and layers below that or a reflection of the markets that the focus

3.Understand, adapt, overcome

when you run a global organization that is comprising many different teams in so many different cultures you have to be able to deal with that, listen to people, understand the differences, differences in decision-making process, differences in products and how products and to differ from each other in different markets and you need to spend a lot of time on the ground, conference calls as good but physical presence in the market

as a leader and connect the two teams and adapt to their styles is incredibly important and in the flexibility is not only important from an intellectual perspective it is also very important role in Europe. I remember an experience when finishing a construction job in Chile with very tight schedule and anglo-saxon, an American type conflict management island in the middle east started my first meeting opened my book into the contract is and the people on the other side of the table said, "Mr. Peters, we are flexible don't worry about that." I learned a lot from yes there were flexible the flexibility meant six months of negotiations with a great help but the very interesting different the conflict that matter what matters was the relationship with people, understood what they want to achieve

4. Putting it all together

Indonesia really struggled with finding a general manager, weren't able to recruit high-quality your so what they did was I look at India, in India a very good retail general manager then I brought the Chinese in with all their smartphone experience together we brought a product out, we took it to market we overachieved our shared goals, very aggressive share goals we were able to leverage indonesian experience for the leader took the Chinese experience and then me as a Dutchman, as a global manager was in those meetings to review with the guys have done, we overachieved became very profitable with huge numbers and huge market gain in that market. The advantage that the leading companies have at the moment is they thinking proactively about global mobility so rather than just looking in their own backyard for talent as they might have done in the past what they are recognizing is the people willing to move and the best executives are actually saying overseas opportunities is essential to their professional development so the change in this Go and they no longer looking domestically

but they're looking internationally and globally to find the best talent and then what they're trying to do is move those people through international rotations in order to make sure that I a worldly and their approach and they are able to lead in step up in that new world