Kasper Rorsted, CEO of German company Henkel (above), just spent nearly six weeks working in Asia, an unusually long time away from headquarters for a CEO. His trip spanned 9 countries and involved nearly 100 meetings. The company makes 14 percent of its sales and 20 percent of its profits in Asia Pacific, and nearly 20 percent of its employees are based in the region with that number poised to grow to one-third in the coming years. Many companies are now considering moving headquarters to Asia, or splitting their headquarters to include a "co-HQ" in Asia. Once Cisco executive puts it this way: after changes in trade, manufacturing, development and research, "the next phase of globalization will be the decentralization of headquarters functions."
Top Executives Find It Pays to Spend Time in Asia - NYTimes.com: "- Sent using Google Toolbar"
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