In our previous post, we talked a bit about how inter-generational diversity and more specifically, certain stereotypes placed on the Millennial generation. How then, do we bridge this gap between the generations, such that we can harness our diversity to reach a better level of understanding and cohesiveness?
Read MoreFrom 1 July, employers are to offer re-employment up to the age of 67. This applies to Singapore citizens or Singapore permanent residents who have served their current employer for at least 3 years before turning 62, turn 65 on or after 1 July 2017, have satisfactory work performance and are medically fit to continue working.
Read MoreMany businesses think they are doing a good job of bringing newly hired executives like Jacobsen into the fold when they actually aren’t. Nearly all large companies are competent at the administrative basics of signing leaders up, but that level of onboarding does little to prevent the problems that can arise when these people start working with new colleagues and grappling with unfamiliar cultural norms and expectations. Companies vary widely when it comes to how much effort they put into integration, with major consequences in terms of time to performance, derailment (through termination or resignation), and talent retention.
Read MoreIf you want to create a successful business, you have to do more than win your share of customers or control costs—you have to break the rules and overturn the received wisdom about how things work.
Read MoreFounded 25 years ago by eight partners, BlackRock, the world’s largest asset management firm, rewrote the playbook in financial services. While many of its peers were stumbling and retrenching in the aftermath of the 2008 recession, BlackRock was charting a course for growth. Its revenue, profits, and stock price all performed consistently during that tumultuous period.
Read MoreThe NWC Guidelines cover the period from 1 July 2017 to 30 June 2018 and applies to all employees – management, executives, professionals and rank-and-file employees, unionised and non- unionised companies in both public and private sectors, workers who have been re- employed.
Read MoreA staple of modern-day business, mergers and acquisitions (M&As) can make or break a business. When you choose to buy (or be bought by) a partner company, this can and should lead to an outcome where the whole is more than sum of the parts. Unfortunately, if the merger does not go well, the opposite can happen. Both sides can, and unfortunately sometimes do, drag each other down through infighting and miscommunication. Today, we are going to look at the important role of cultural intelligence in successful M&As.
Read MoreWorking for a startup can be the most exciting, educational experience of your lifetime. While employment at a startup can be risky, the plethora of benefits that accompany life at a startup is too enticing for many prospective employees to ignore. Below are the top 10 reasons why you should work for a startup.
Read MoreIf you are a business leader seeking that extra competitive edge in a global market, stronger capitalization, or significant customer acquisition to grow your company, you may be considering a merger or acquisition (M&A). Just last year alone (2016), 800 M&A transactions worth SGD$125 billion were recorded in Singapore [1].
Read MoreBesides having more people competing for fewer jobs, globalization and advancement in technology have also put downward pressure on wages, making it harder for young graduates to find a job that meets their salary expectation. Young people will need to be agile, adaptable and be prepared to put in the effort and time to understand emerging trends. After they’ve landed a job, they should also continue to develop the skills needed to create a difference in the organizations they are a part of.
Read MoreRecently, we granted Yuan Xiu from The UrbanWire, a lifestyle magazine produced by final-year Online Journalism students of the School of Film & Media Studies at Ngee Ann Polytechnic, an interview on the job prospects of young people amidst the slowing economy.
Read MoreWe came across an article recently published by HBR, titled 'Uber Is Finally Realizing HR Isn’t Just for Recruiting'. This is a good read, and a timely reminder that the experience, insights and knowledge of capable HR leaders do make a difference to the performance and 'health' of an organisation.
Read MoreToo busy to catch up with the full 2017 Budget Statement? Here are 9 key excerpts of the 2017 Budget that may be relevant to you as an SME
Read MoreOrganisational culture is one of the latest buzzwords in the human resource industry. Unlike the usual fads that come and go, this is backed by research which shows that culture does indeed play a significant role in any organisation, and that it would be wise to take culture into consideration in strategic business planning and decisions. Let’s look into some ways a strong corporate culture can drive business goals and achieve success for your organisation.
Read MoreSavvy executives know that engaging and guiding the right talent at the right point in the life of your organisation is the path to success. That path, however, is strewn with diversions. Success, however, requires that you keep your eye on talent management strategies throughout the life of your organisation.
Read MoreChange has become an ironic constant for enterprises throughout the world—including for SMEs. Innovation, especially technological breakthroughs, most often drive change, but economic and political factors influence the business environment as well.
Read MoreCareer development is typically thought of as an intentional, well-planned, and mapped progression of upward or lateral movement as a result of experience, education, and competency development. But, as we all know, life rarely allows us the luxury of neatly checking off boxes in order to ‘level-up.’ When I think of the business climate today I’m very often reminded of this phrase, a favorite used by a college English professor of mine; ‘the best laid plans of mice and men often go astray.’
Read MoreIn the course of our strategic HR consulting work with our clients, the inadvertent question of ‘What is the vision of your company and what is your strategic plan?” will emerge as we begin to think deeper about the client's needs. Far too often, the ovearching HR strategy is not developed to drive the overall organisational strategy. Consequently, this creates inherent challenges in the HR programs, policies and underlying infrastructure of the organisation. It’s almost akin to buying and preparing all the ingredients before deciding what dish or even type of cuisine to cook.
Read MoreSome time ago, HumanResources did a special edition magazine titled 'The Futurist', featuring 32 HR leaders and their take on the future landscape of HR. Here's what some of them had to say.
Read MoreAs we approach the festive season...
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