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(Updated: )
Ricky Lim ·
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.
Like · Reply · Juvst now
Ricky Lim ·
Singapore
The origin of Industry Transformation Map (ITM).......................
Like · Reply · Just now
Like · Reply · 1m
Ricky Lim · Singapore
Industry Transformation Map (ITM) reaping positive results and outcomes.
Like · Reply · 1m
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.
Like · Reply · Juvst now
Ricky Lim ·
Singapore
The origin of Industry Transformation Map (ITM).......................
Like · Reply · Just now
Like · Reply · 1m
Ricky Lim · Singapore
Industry Transformation Map (ITM) reaping positive results and outcomes.
Like · Reply · 1m
Ricky Lim ·
Posted in :- January 2, 2017
ricky l 4 seconds ago
Increasingly, we should focus on "Services" as the Engine for Growth. This focus will help to chart, foster, grow, expand and export "Services" - as our Growth Engine --- that will transcend and go beyond the constraint of "Physical Boundary".
Reply
ricky l ricky l 11 seconds ago
Services for growth will be able to create, penetrate and foster "virtual connectivity, virtual penetration, virtual community, virtual marketplace, virtual trading, virtual exchange, virtual finances, virtual currency" etc ---- transcending "physical boundary, physical constraint, physical restraint" ---- and complete transaction in real-time, online and at break-neck speed.
This means more jobs will created for PMETs - where the percentage of PMETs have increased from 10% to the future of 40% or more.
This will decrease the manufacturing contribution to the Economy.
In addition, SMEs will also increasingly leverage on the "Service Economy" to grow their business and rely on robotics, automation.
All this will help to transcend Singapore's constraint of "Physical Boundary" - by going "Virtual" - where the "boundary is limitless - the Globe".
See less
ricky l ricky l now
If Singapore is able to do this and succeed, Singapore has reached "Nirvanic Economy" - the State of Nirvana - boundless. borderless, virtual, limitless........
ricky l ricky l 10 seconds ago
And for Singapore, the "Globe will be Our Marketplace - with no Boundary" - this should be our focus of "Service Engine for Growth".
We should explore, open up and penetrate "New and unchartered market" as well - as physical boundary is no longer a constraint.
ricky l ricky l now
Through the "Service Sector" ---- we will then attract and draw the "Physical connectivity" back to Singapore - and grow our manufacturing and other physical sectors and industries.
This will be the reverse grow - to overcome our "physical constraint". ricky l ricky l now It is thus important for Singapore to maintain good relationship with many and if possible every Countries in the World.
ricky l ricky l 11 seconds ago
Singapore have managed to grow our "Service Sector" to contribute 25% to the Economy. With increased focus, the target is to grow it to 50% of the Economy ---- that will effectively cover the loss in "Manufacturing sector" and "SME sector - that is not able to grow with no corresponding grow in manpower".
PMETs will grow in importance and can grow in number - and contribute to more middle-top income earners.
ricky l ricky l 2 seconds ago
Specifically, this "Service Engine" for growth as our Future Economy - should be the "Digital Economy".
ricky l ricky l 11 seconds ago
Where this Digital Economy should pervade every sectors of the Economy :-
Be it :-
(1) IT sector
(2) Transport sector
(3) Finance, Banking and Insurance sector
(4) Logistics sector
(5) Manufacturing sector
(6) SME sector
(7) Hospitality sector
(8) Food and Beverage sector
(9) Gaming sector
(10) Healthcare sector
(11) Aerospace sector
(12) Construction sector
(13) Trade, ports sector etc
ricky l ricky l 2 seconds ago
magine if Digital Economy can contribute 25 to 50% in each industry sector - we can grow and replace our traditional Economy sector phenomenally - from a $400 billion GDP to $600 billion GDP.
And create many PMETs jobs - which have been expanding from 10% to 40% - and can still expand further with Digital Economy.
This will create many more middle income earners and top middle income earners - if Singapore succeed.
The future for our descendants and future generations will be bright.
ricky l ricky l 2 seconds ago
Our current Digital exploitation is still not deepen and expanded in scope. If we succeed in deepening and expanding Digital exploitation into a full-fledged Digital Economy in every sector of our Economy - our Future Growth will be very bright.
Reply
0
Like · Reply · 1m
ricky l 4 seconds ago
Increasingly, we should focus on "Services" as the Engine for Growth. This focus will help to chart, foster, grow, expand and export "Services" - as our Growth Engine --- that will transcend and go beyond the constraint of "Physical Boundary".
Reply
ricky l ricky l 11 seconds ago
Services for growth will be able to create, penetrate and foster "virtual connectivity, virtual penetration, virtual community, virtual marketplace, virtual trading, virtual exchange, virtual finances, virtual currency" etc ---- transcending "physical boundary, physical constraint, physical restraint" ---- and complete transaction in real-time, online and at break-neck speed.
This means more jobs will created for PMETs - where the percentage of PMETs have increased from 10% to the future of 40% or more.
This will decrease the manufacturing contribution to the Economy.
In addition, SMEs will also increasingly leverage on the "Service Economy" to grow their business and rely on robotics, automation.
All this will help to transcend Singapore's constraint of "Physical Boundary" - by going "Virtual" - where the "boundary is limitless - the Globe".
See less
ricky l ricky l now
If Singapore is able to do this and succeed, Singapore has reached "Nirvanic Economy" - the State of Nirvana - boundless. borderless, virtual, limitless........
ricky l ricky l 10 seconds ago
And for Singapore, the "Globe will be Our Marketplace - with no Boundary" - this should be our focus of "Service Engine for Growth".
We should explore, open up and penetrate "New and unchartered market" as well - as physical boundary is no longer a constraint.
ricky l ricky l now
Through the "Service Sector" ---- we will then attract and draw the "Physical connectivity" back to Singapore - and grow our manufacturing and other physical sectors and industries.
This will be the reverse grow - to overcome our "physical constraint". ricky l ricky l now It is thus important for Singapore to maintain good relationship with many and if possible every Countries in the World.
ricky l ricky l 11 seconds ago
Singapore have managed to grow our "Service Sector" to contribute 25% to the Economy. With increased focus, the target is to grow it to 50% of the Economy ---- that will effectively cover the loss in "Manufacturing sector" and "SME sector - that is not able to grow with no corresponding grow in manpower".
PMETs will grow in importance and can grow in number - and contribute to more middle-top income earners.
ricky l ricky l 2 seconds ago
Specifically, this "Service Engine" for growth as our Future Economy - should be the "Digital Economy".
ricky l ricky l 11 seconds ago
Where this Digital Economy should pervade every sectors of the Economy :-
Be it :-
(1) IT sector
(2) Transport sector
(3) Finance, Banking and Insurance sector
(4) Logistics sector
(5) Manufacturing sector
(6) SME sector
(7) Hospitality sector
(8) Food and Beverage sector
(9) Gaming sector
(10) Healthcare sector
(11) Aerospace sector
(12) Construction sector
(13) Trade, ports sector etc
ricky l ricky l 2 seconds ago
magine if Digital Economy can contribute 25 to 50% in each industry sector - we can grow and replace our traditional Economy sector phenomenally - from a $400 billion GDP to $600 billion GDP.
And create many PMETs jobs - which have been expanding from 10% to 40% - and can still expand further with Digital Economy.
This will create many more middle income earners and top middle income earners - if Singapore succeed.
The future for our descendants and future generations will be bright.
ricky l ricky l 2 seconds ago
Our current Digital exploitation is still not deepen and expanded in scope. If we succeed in deepening and expanding Digital exploitation into a full-fledged Digital Economy in every sector of our Economy - our Future Growth will be very bright.
Reply
0
Like · Reply · 1m
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