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Tag: old economy

Now hiring: Hong Kong’s next-gen CEOs need to make crucial changes to maintain the city’s competitive edge

My job is to help find and develop leaders, so it’s not unusual to be asked to look for a new CEO. This week, however, I was called in by the chairman of a listed company with a search request that was groundbreaking. The company has been struggling to keep up with the pace of technological change in its industry – and risked being overtaken by disrupters and losing touch with its customers. So the board resolved to do something radical: hire a new, young CEO whose ability to innovate would matter more than industry experience or familiarity with the Hong Kong market.  ...