Government promotes flexible work. Jul12

Government promotes ...

The government in Singapore is encouraging more companies to have flexible work arrangements over the next two years. Such form of work will become a pervasive way where work will be committed, freely and flexibly. Initiatives such as Worklife Works and Fun and Flexi Works Schemes by the...

Charisma & Leade...

Goals  Your time and your life is precious. Poor planning can lead to wastage of resources. Of all the goals you have set, how’s the progress so far? At the beginning of each year, many people enthusiastically set New Year resolutions. However come end of the year, they find that nothing...

What Powers Motivati...

Motivation has been a key in many self-development theories as old as time but with recent development in other aspects, this age-old phenomenon seems to have lost its lustre. Either the theory is over used or the low success rate has  led to disappointments.  If one were to use the...

SAY-ON-PAY; Is it re...

Executive compensation systems have been identified as one of the primary causes of the global financial crisis. Amongst the remedies being proposed is to give shareholders more control over compensation through a vote on how and how much executives and directors will be remunerated or,...

The Source of Creati...

Have you ever wonder where creativity comes from? Why some people are more creative than others? Is creativity an inborn ability or can it be learned? These are some of the questions many people asked of themselves when they see the amazing results of such ingenuity. Like most people, I have...

Acceptance Wanting

We gave a lot of weight on peer pressure and use that as an excuse when things we do are not accepted by others and the cause of our own unhappiness. What we fail to acknowledge is our own weakness in allowing others to lead us astray. Bowing to peer pressure is the sign of wanting acceptance...

Performance Measures

A quick and simple way to think about performance measures is to understand where a business is in its “life-cycle”. New businesses usually have to be driven by revenue growth if they are to survive and prosper. Mature businesses, have to shepherd their capital and their shareholders...

Charisma & Leade...

Personal charisma thrives in an atmosphere of self-confidence. This unique persona has the power to influence, draw the attention and admiration of people that is matched with internal perception and external projection – the way you see yourself, the way you carry yourself and how...

Dealing with Job Bur...

The pattern of burnout changes over time for any individuals and it depends on individual’s career transition. Each transition may lead to different burnout situation. There are a few obvious transitions in the career journey: 1.    Over-zealous passion at work leading to overwhelmed...

The Code of Corporat...

After more than a year of deliberations, the Corporate Governance Council has finalized its recommended changes to the Code. To allow time for companies to adapt, the changes will come into effect for the financial year commencing on or after 1 July 2012. The Code provides a wide range of...

Managing Pay For Per...

The revised Code contains two new provisions that will likely change the way in which performance based pay is managed in many companies. Relevant extracts from the Code are set out below: The guidance is clear. Boards should have measures for assessing the amount of performance pay and then...

Calibrating Bonus Pa...

Many companies, particularly newly listed ones, use profit as the only factor in deciding bonuses. The bonus plans usually allocate a percentage of profit to the executives once a target has been met. Some plans are more complex with different percentages for different amounts of profit....

Get some motivation ...

Create and know yourself. Understand that your potentials are limitless if you put your mind to your journey with determination. Believe in your own courage and strength to crave out a great future for yourself. Believe in all that you do will lead you be a great career...

Labour chief Lim Swee Say rejects minimum wage Jun25

Labour chief Lim Swe...

  Singapore’s chief of the National Trades Union Congress (NTUC) Lim Swee Say has categorically rejected the notion of a minimum wage for low-wage workers, re-emphasizing the oft-stated stance of the government. “The concept of minimum wage is something that we don’t embrace,”...

DRIVEN TO LIVE THE D...

Extracted from “Business Class: Lessons from High Fliers” – Celebrating 45 years – NUS Business School. David Leong started his first business at the age of 23, made his first million at 31 years, has 13 successful businesses and is already looking ahead to his next venture. David...