Business increasingly relies on globally aware and culturally sensitive leaders with a broad understanding of the business and markets in which they operate.

In a strongly worded opinion article from the South China Morning Post, financial writer and former banker Peter Guy argues that policymakers in Hong Kong are too Hong Kong-centric, resulting in a narrow approach to decision-making and recruitment that has led to stagnation in the city’s businesses and government.

The tone and importance of recruitment is set by leadership, the board or the owner. Cultivating talent starts at the top.

To achieve competitive advantage, Guy writes, Hong Kong must “push the boundaries of talent” to drive innovation in business, education, and government.