Danish shipping giant AP Moller-Maersk has appointed a new chairman, Jim Hagemann who is also holds the same position at Swedish tech giant Siemens. Hagemann is very young for the top position, but his command over digital practices gave him the edge. He is also a member of the World Economic Forum (WEF) and taught at the Copenhagen Business School. Such dual appointments are likely to reduce over time as per business research conducted by INSEAD exploring the corporate culture at present and expected to evolve across countries at top management level. The study was conducted across the UK, Denmark, Belgium, Italy, Turkey, Singapore, Russia and the Netherlands. For a start, by 2027, diversity in female representation is expected to increase, especially at Denmark and the UK which report figures of 25 and 20 percent respectively. Singapore is more lukewarm while Russia seems least likely to see this revolution. Career paths are also expected to change. While for most it will be a direct progression from the CEO position and technology will lead the numbers in terms of industry, the scope should widen to include professionals from academia or management consulting. Increasingly board meetings will be virtual, though Turkey is less excited about this than Denmark or the Netherlands.

Source:https://knowledge.insead.edu/leadership-organisations/how-boards-will-look-in-ten-years-7196

Uploaded Date:30 November 2017