
The Leadership Gap: Why Companies Struggle to Retain Top Executives
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
August 24, 2023: Malaysia observes more additional acquisitions to broaden E.V. footprint behind landmark Tesla agreement.
“EV happens to be our priority,” Malaysia’s Prime Minister Anwar Ibrahim told in an exclusive interview at the prime minister’s offices in Putrajaya, just south of the country’s capital Kuala Lumpur.
Tesla’s groundbreaking move with Malaysia grows Southeast Asia’s place in the EV supply chain and the foremost deal under the country’s Battery Electric Vehicle Global Leaders initiative.
The deal again represents the opportunity for the U.S. automaker to expand into a new market as consequence holds in China and its other major markets.
Under Tesla’s agreement with Malaysia, the EV maker can sell its Shanghai-made electric cars directly without import tariffs or intermediary markup.
Tesla will also establish a regional seat and service center in Selangor, equipped with advanced diagnostic tools and staffed with highly trained Tesla technicians.
Tesla users will ultimately have access to a network of charging stations in huge urban areas in the country, with the first planned for downtown Kuala Lumpur.
Tesla also plans to embark on EV battery manufacturing in Malaysia.
Anwar said Malaysia is receptive to better EV investments from Chinese automakers. While Chinese carmakers have “not been asking,” he said, “the possibility will be open.”
He said there will be synergy when unfamiliar companies such as Tesla invest in Malaysia, counting that “it can help three or four local industries.”
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
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