Read more at http://www.channelnewsasia.com/news/singapore/trade-association-hub-launched-to-help-boost-growth-of-companies-9428008
(Updated: )
The following is posted on:-
Tuesday, 1 May, 2012 2:57 PM
Ricky Lim
REACH RWEB Submission feedback RWEB2012050100010 via the REACH website: To raise productivity,
To raise productivity, everyone has a part to play :-
1. Business invest in capital tools and send workers for training
2. Workers upgrade skills to operate capital tools
3. Govt provide grants, provide good education, married govt R&D bodies with business etc
4. Government work with various industry to devise objective and tangible KPI to allow business, workers, union, gov, schools etc to shoot for the KPI.
5. Govt, business, bright individuals should scout overseas countries and industries that have make their industries productive and bring it back to Singapore and transform our business to be more productive.
6. Union encourage, provide relevant course for workers to upgrade
7. School train students in right course, right skills and married industry with courses.
8. Home, family members, social bodies have to support working members to provide a conducive environment for working members to be productive.
9. Look at whatever else things that can make the nation productive, to be productive.
10. Peg the wage increase vis-à-vis our regions, our competitors, our international competition to ensure that our wage increase are competitive and will not drive away business – causing massive job losses.
Sent: Tuesday, 1 May, 2012 3:24 PM
To: reachadmin@reachadmin.com
Subject: REACH RWEB Submission: Govt agenices working with industries to devise prodictivity figures
To elaborate further :-
(1) Ministry of Comm and iDA – should work with IT industries, foreign IT MNCs, local IT vendors etc to devise objective, tangible KPI productive figures in each technology areas and skillsets vis-à-vis global competition and regional competition – so that IT business and IT workers can target to meet the KPI productivity figures – and peg wage growth in % term and/or absolute term to the productivity figures and business profitability. Communicate this to the IT industries, business, IT workers, Union and schools. Make sure we are competitive with our global competitors and regional competitors.
(2) SLA should do the same with construction sector.
(3) Ministry of Finanace and MAS should work with the banking and financial sector. etc
ricky l
0Thumbs UpThumbs Down0Ricky L • a second agoRemove
That is, the concept above is how to transform Singapore Economy in 2016 - sector-by-sector (conceptualising the KPI for each sector) ---- and using targeted approach to transform each sector, each industry one by one.
Only then productivity in each sector, in each industry can be successfully transformed - supported by empirical, scientific measures.
Good that after 4 years --- the idea is taken up.
Tuesday, 1 May, 2012 2:57 PM
Ricky Lim
REACH RWEB Submission feedback RWEB2012050100010 via the REACH website: To raise productivity,
To raise productivity, everyone has a part to play :-
1. Business invest in capital tools and send workers for training
2. Workers upgrade skills to operate capital tools
3. Govt provide grants, provide good education, married govt R&D bodies with business etc
4. Government work with various industry to devise objective and tangible KPI to allow business, workers, union, gov, schools etc to shoot for the KPI.
5. Govt, business, bright individuals should scout overseas countries and industries that have make their industries productive and bring it back to Singapore and transform our business to be more productive.
6. Union encourage, provide relevant course for workers to upgrade
7. School train students in right course, right skills and married industry with courses.
8. Home, family members, social bodies have to support working members to provide a conducive environment for working members to be productive.
9. Look at whatever else things that can make the nation productive, to be productive.
10. Peg the wage increase vis-à-vis our regions, our competitors, our international competition to ensure that our wage increase are competitive and will not drive away business – causing massive job losses.
Sent: Tuesday, 1 May, 2012 3:24 PM
To: reachadmin@reachadmin.com
Subject: REACH RWEB Submission: Govt agenices working with industries to devise prodictivity figures
To elaborate further :-
(1) Ministry of Comm and iDA – should work with IT industries, foreign IT MNCs, local IT vendors etc to devise objective, tangible KPI productive figures in each technology areas and skillsets vis-à-vis global competition and regional competition – so that IT business and IT workers can target to meet the KPI productivity figures – and peg wage growth in % term and/or absolute term to the productivity figures and business profitability. Communicate this to the IT industries, business, IT workers, Union and schools. Make sure we are competitive with our global competitors and regional competitors.
(2) SLA should do the same with construction sector.
(3) Ministry of Finanace and MAS should work with the banking and financial sector. etc
ricky l
0Thumbs UpThumbs Down0Ricky L • a second agoRemove
That is, the concept above is how to transform Singapore Economy in 2016 - sector-by-sector (conceptualising the KPI for each sector) ---- and using targeted approach to transform each sector, each industry one by one.
Only then productivity in each sector, in each industry can be successfully transformed - supported by empirical, scientific measures.
Good that after 4 years --- the idea is taken up.
Trade Association Hub launched to help boost growth of companies
im
SINGAPORE: In line with the Government’s plan to transform industries, the Singapore Chinese Chamber of Commerce and Industry (SCCCI) has launched an industry transformation map and initiated a Trade Association (TA) Hub for trade associations as the Prime Minister calls on them to keep helping to upgrade Singapore’s economy.
A conduit through which the Government can engage businesses, Prime Minister Lee Hsien Loong on Wednesday (Nov 22) called trade associations and chambers (TACs) “important partners” in helping to “grow our companies, and create better jobs for Singaporeans”.
Mr Lee also called them the “aggregators and multipliers in our business ecosystem” when he spoke at the opening of the TA Hub.
With their pulse on their industries’ needs, TACs can support SMEs, helping them “overcome the limitations of size by working together, and doing things that would otherwise be difficult for a single company to do alone,” Mr Lee said.
The TA Hub, where TACs can collaborate, opened three years after it was initiated by SCCCI.
Mr Lee added that the TA Hub, located at Jurong Town Hall, will help build a stronger TAC community, and cultivate a culture of mutual support and collaboration”.
Currently, more than 160 trade associations are members of the SCCCI, which also held its fifth trade association congress on Wednesday.
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Through the TA Hub, Mr Lee said he hopes TACs “will find more opportunities to work together even across different industries”. This can also help them venture overseas and expand their global footprint.
One example is the IE Singapore-SCCCI Singapore Enterprise Centre (ISSEC), which provides facilitation and business matching services to Singapore companies venturing into China.
The Government, he said, will also do more to help companies “upgrade, scale up and compete internationally”, through the merger of SPRING and IE Singapore, which will form the new agency, Enterprise Singapore. This will allow the government to streamline their initiatives and schemes, “to provide simpler yet more comprehensive support to companies and TACs”.
A Trade Association Transformation Map was also announced at the SCCCI congress. The map identifies challenges faced by trade associations and chambers, and looks at ways these challenges can be addressed.
Senior Minister of State for Trade and Industry Sim Ann, who also spoke at the event, said that Singapore’s transformation is not limited to industries with Industry Transformation Maps (ITMs) that the Government is in the process of developing.
The ITMs cover 23 sectors, which cover approximately 80 per cent of Singapore’s economy. Fourteen ITMs have been launched, and the rest will be launched in next year.
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“Our goal for a future-ready Singapore involves driving productivity, innovation and competitiveness across all sectors,” Ms Sim said.
Ms Sim also highlighted four pillars that will support the Trade Association Transformation Map.
The first looks to build strong secretariat capabilities that will develop career pathways and address talent development in trade associations and chambers (TACs), while the second pillar looks to strengthen leadership within trade association and chambers. This will be done through education, by offering management courses for TAC leaders.
The third pillar, will look at enhancing productivity of TACs by optimising their resources through technology, as well as creating platforms for resource sharing. The fourth pillar will look at forging partnerships through cross-industry collaboration.
Thirty TACs have already committed their support to the Trade Association Transformation Map.
The TAC Management Handbook was also released at the congress. The handbook compiles some of the best practices in TAC governance and operations, as well as outlines services that TACs can provide their members, such as business conferences and overseas business missions.
Source: CNA/kc
Read more at http://www.channelnewsasia.com/news/singapore/trade-association-hub-launched-to-help-boost-growth-of-companies-9428008
Read more at http://www.channelnewsasia.com/news/singapore/trade-association-hub-launched-to-help-boost-growth-of-companies-9428008
Singapore Tourism Board launches technology road map to help hotels transform
i
(Updated: )
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SINGAPORE: The Singapore Tourism Board (STB) has announced a framework to help hotels adopt technology and transform their operations in a rapidly changing digital landscape.
Called the Smart Hotel Technology Roadmap, it will identify next-generation system capabilities such as facial recognition at check-in and e-payment wallets to help hotels become "smarter", the STB said in a news release on Thursday (Nov 23).
It will be charted by STB and the Hotel Innovation Committee, led by the Singapore Hotel Association (SHA).
A key component of the road map will be the Smart Hotel Core Technology listing, which is a register of solution providers to help hotels in their transformation.
"The hotel industry must continue to innovate and transform itself to keep up with emerging trends in businesses and technologies, as well as consumers’ changing preferences," said SHA President Albert Teo.
These initiatives follow the launch of the Hotel Industry Transformation Map (ITM) last year. Through the ITM, the tourism board aims to focus on building manpower-lean business models; innovate through development of new solutions; grow businesses through internationalisation and build a strong pipeline of quality talent.
One such initiative is the Hotel Innovation Challenge held in May, where solutions were crowdsourced to solve "pain points", raise productivity and enhance customer experience.
More than 30 participating hotels are set to pilot these solutions in areas such as artificial intelligence, robotics and facial recognition.
To tackle the hotel industry's manpower challenge, the tourism board also rolled out a three-year Hotel Careers Campaign in July to drive awareness of the range of jobs and careers available in the sector.
Moving forward, an Experience & Job Redesign initiative will be launched next year to provide new and higher value-adding careers to attract talent.
STB will also work with hotel operator Far East Hospitality Management to implement new initiatives across the entire hotel group, including at three new properties slated to open in Sentosa in 2019.
These include using smart technology and artificial intelligence in hotel operations, e-housekeeping solutions, self check-in processes, and an in-house talent grooming programme.
Source: CNA/kc
Read more at http://www.channelnewsasia.com/news/singapore/singapore-tourism-board-launches-technology-road-map-to-help-9432690
Read more at http://www.channelnewsasia.com/news/singapore/singapore-tourism-board-launches-technology-road-map-to-help-9432690
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