Learning outcomes
Learners can explain what cross-cultural studies have found about leadership styles and understand how to adapt leadership style to different contexts.
Learners can apply organisational practices and leadership differences to manage people and the organization effectively
Your assignment
THE PRIME MINISTER’S POWERFUL BETTER HALF
Ho Ching‟s power has been recognized by many. As chief executive officer of Temasek Holdings, she ranked number 18 on a list of Asia‟s most powerful women. How did a shy, Standford-educated electrical engineer end up with this kind of power? Ho was a government scholar who started off in civil service and ended up working for the Defense Ministry in Singapore. There she met and married Lee Hsien Loong, Singapore‟s current prime minister and the son of Lee Kwan Yew––one of modern Singapore‟s founding fathers. Ho‟s experience, education, and connections led to her appointment as chief executive of Temasek, where she oversees a portfolio worth over $50 billion and influences many of Singapore‟s leading companies.
Temasek Holdings was established in 1974 in an attempt by the Singapore government to drive industrialization. Through Temasek Holdings the Singapore government took stakes in a wide range of companies, including the city-state‟s best known companies: Singapore Airlines, Singapore Telecommunications, DBS Bank, Neptune Orient Lines and Keppel Corp. The company‟s Web site describes Temasek‟s “humble roots during a turbulent and uncertain time” and its commitment “to building a vibrant future [for Singapore] through successful enterprise.” Ho‟s appointment to Temasek in May 2002 caused some controversy; as prime minister her husband has a supervisory role over the firm. Ho denies any conflict of interest:
The issue of conflict does not arise because there are no vested interests. Our goal is to do what makes sense for Singapore, I don‟t always agree