Stories
Building Future Leaders: Adapting to Volatility in Emerging Markets
- •Leadership development in emerging markets shares more similarities than differences with established economies, as volatility is now global.
- •Local leadership is crucial for sustainable growth, bringing cultural fluency, trust, and insight that external approaches cannot replicate.
- •The traditional leadership pipeline is evolving, with fluid career paths, gig work, and multi-generational workplaces redefining leadership beyond the C-suite.
- •Building a sustainable leadership pipeline requires an ecosystem approach, involving collaboration between the private sector, higher education, and government.
- •Accessible and flexible learning pathways, like those offered by Thunderbird School of Global Management, are vital to meet people where they are and foster long-term investment in leadership development.
Key Questions Answered
Mobile payments were already being handled through phones using systems like M-Pesa in Kenya and Tanzania more than a decade ago, long before services such as Venmo or Zelle became commonplace in the United States. This created an opportunity to leapfrog traditional established systems and find new approaches.
The triple helix model involves the collaboration of the private sector, higher education, and government. Universities bring learning and research, the private sector offers practical experience and market insight, and government helps create policies that allow successful approaches to scale.
The initiative provides relevant learning where people are, allowing them to access education without needing to travel or leave their jobs, families, and communities. This flexible access helps individuals bring what they learn back into their businesses and local ecosystems.
