Kenichi Ohmae

Since there are no rules for this radically changing global economy, leaders will need to be bold. They must have the courage to look into the future and to act according to time scales longer than the present accounting period. As the global economy is a new phenomenon, it does not have the certainties of the past, the mental and psychological crutches upon which leaders in the old economy supported themselves. In such an environment, the need for strong, decisive and courageous leadership is overwhelming. To succeed and compete on this new global stage, leaders must become visionary facilitators without preconceived attitudes about their roles, ready to embrace new ways of doing business. There can be no half measures in this radical transformation, no testing the waters before taking the plunge.