Commentary

The premise of talent management (TM)

No one should be surprised that Anonymous showed its face last week - hacking The Straits Times website and threatening further attacks on Singapore's infrastructure. Additionally, it attacked Philippine Government websites and defaced a range of Australian business websites.

The cost of a new hire is certainly escalating in Singapore and this will only be exacerbated by the manpower crunch resulting from a progressively tight labour market.  

The Merriam-Webster dictionary defines a 'manager' as one who is in charge of a business, department. The Manager can also be one who directs the training and performance of a business team, sports team and/or athletes. As part of our learning partners communication model, managers are tasked to be the mentors for their people. And having coached thousands of participants together with their immediate managers in Singapore, our experience has allowed us to categorise 6 types of managers.   Which type of a manager mentor are you ? Can you identify these qualities with people you know? 1. The Escapist The escapist is a non-confrontational manager who refuses to engage in a head on meeting with his employee. He rather keeps quiet in a face to face meeting, and becomes more critical of the employee behind their backs. He may be calm or diplomatic because he wants to give his employee another chance. 2. The Dominant One The dominant manager is one who loves to engage his people head on. He is very critical and often tells them off directly. He would often takes it upon himself to take charge in any circumstances 3. The Clueless One The clueless manager is one who has no idea on what solutions to present or even what to do. He is like a jelly fish in the ocean and is fortunate to assume the role because there was a gap in the company. 4. The Non-Chalant One The non-chalant manager is one who doesn't believe in nurturing people. He assumes the role of a manager only because he is told to do so. He has no inclination to develop any one and only seeks  his own self-interest. 5. The Beggar The beggar is a manager who only wants answers to be handed to him. He will treat coaches as consultants and refuses to think harder for any solutions. He has been conditioned to answers being handed to him. 6. The Leader The leader is a manager who is positive minded, goal oriented and self motivated. He is firm, friendly, flexible and fair. He understands that building a team is essential in any growing and sustainable organisation. So which type of a manager mentor are you? It is indeed not easy to be appointed a mentor. However, when you are possess the right mindset, you can perform more effectively, and the powerful results can be seen thereafter.

I gave a talk to a group of SMU undergrads a few months ago and had a great dialogue with them. Through the Q&A, I learned so much about how the current generation thinks and behaves.

News flash of the week: LinkedIn now has 259 million monthly active users, an increase from 238 million in the previous quarter. There’s no doubt that LinkedIn is the world’s largest social media platform when it comes to business networking, however only a handful of its 259 million members are getting any real business benefits out of it.

1st August 2014 is an important date for all Singaporeans who are earning their keep in our small nation's highly competitive labour market.

As an Investment Adviser, I work with both local Singaporeans and expats living here in constructing and managing global investment portfolios. We have certainly experienced high levels of volatility over the past 4 – 5 years but it now feels more important than ever to be constantly investing with ‘both eyes open’, allow me to share with you why.

Most studies and research on the social landscape in Singapore will show that users are on the rise.

SMS was touted to be the most simple yet effective “killer application” that led the mobile growth story for more than two decades – but its time to bid adieu to this service that had revolutionized both personal & professional communication.

When it comes to investing in overseas properties, a worry that investors often have is whether the deal is a scam. While those buying Singapore properties can check online for property details (i.e. size, purchase price, etc.) such online information is not available for regional markets like Philippines, Indonesia, Thailand, etc.

A recent survey of 4000 employers in Singapore revealed that most of them had made poor hiring decisions. They estimate that up to 50% of their employees are bad hires.

Internationally, content marketing seems to be the new kid on the block. The cool new kid. And like all cool kids it's the talk of the town. Everyone wants to be seen with content marketing. Even people who don't do it, talk about it. Soon it will be given an equally cool name. I'm pushing for 'C-Mar,' but maybe I'm not cool enough to give out a universally accepted moniker.

It is a common tendency to take things for granted until it is too late, and the same can often be said for managing cybersecurity. Organizations frequently overestimate the capabilities of existing systems and many rely on first generation technologies and static defense systems that are insufficient in defending against today’s targeted and sophisticated cyber threats.

For many, many years there have been studies conducted on the empirical relationship between money and happiness and a conclusive answer has not yet been widely accepted. I have therefore highlighted below firstly the empirical evidence to support the theory that money does in fact buy happiness. Secondly, and perhaps most importantly, I have highlighted the steps you can take to ensure happiness in your own life.

What happens after you’ve set up your company? Here comes the tricky part; building your resources.