Sunday, February 21, 2010

Watch Out Your Net Reputation ! !

Those of you often keep posting your blogs, social networking, professional linking to others like using “Linkedin” are advised to manage your site and upkeeping your net reputation is crucial. And for those who are still in the job hunting days, you need to watch out as your potential hirer may check on your sites to find “tell-tale” signs of any of your “flaws” which may cost you your future landing of a job. Nowadays recruiters may spend some time and use search engine to learn more about candidates and some recruiters had eliminated candidates basing on information they found online and they may judge from there your character,etc. Self-Googling isn't an act of narcissism; it's a smart way to determine whether your online personality jives with how you fit into the potential employer’s portfolio and work environment.
Google ranks content according to relevance--how closely it resembles the search term--and popularity--how many other sites are linking to it. Say, if your name happened to be in a security service blotter or some lover's blog post, let alone a negative article in The Wall Street Journal, you have very little chance of getting that content removed from the Web. Google may not remove content just because you ask it to. Your best option is to overwhelm the bad content with the good, so that your embarrassing links are less likely to rank high. Focus on publishing content about yourself that you can control and do not over publicised and say things that reflect badly on you, portrays yourself in a positive light, never condemn or criticise others. If you are depress, do write something positive to show that you are able to overcome your whatever stresses,etc....
To ramp up your positive image in the Web, start with blogs and social networking sites. Create a profile on LinkedIn where you link with professionals and write about yourself in the third person so that the site will have more relevance in the eyes of a search engine. Don't overdo it on Twitter, since too many Tweets may make prospective employer question your focus at work. You can write about your area of expertise, post your resume and keep track of your professional accomplishments. Show off your expertise by writing guest articles on blogs that are relevant to your industry but be careful not to divulge any proprietary company information, else you get call up to the boss desk..
Web doppelgangers ( double-goer ) may muddle your online reputation. If there are a dozen people with your name, you can step up your search engine optimization efforts by adding more pages to your Web site (to increase relevance), or asking friends to link to your Web site (to increase popularity). If you're convinced that a future employer may confuse you with someone else, mention that person on your blog with a reference such as, "I'm not this Tom Harry, but it seems like he has a good pay position."
Once you've settled into a new job, continue monitoring your Web reputation by setting up a Google Alert with your name. Take the time to build up a positive Web ID. Go ahead and build that content now, before you need it, give that content time to percolate and move its way around the Web.

Tips on your Net reputation

- Aware How Others assess you online
Self-Googling isn't an act of narcissism; it's a smart way to determine whether your online personality jives with how you want the world to view you. Scour the web for mentions of your name.

- Be Prudent
Change your Facebook settings so that you're not inadvertently publicizing your private information, including status updates, photos and shared links

- Use Social sites to Your Advantage
Create a profile on LinkedIn and write about yourself in the third person so that the site will have more relevance in the eyes of a search engine.

- Create and control your web Content
Use free software like WordPress or TypePad to create a blog, where you can write about your area of expertise, post your resume and keep track of your professional accomplishments.

- Position Yourself
Show off your expertise by writing guest articles on blogs that are relevant to your industry.

- Beware of Those with similar names
If there are a dozen people with your name, you can step up your search engine optimization efforts by adding more pages to your web site (to increase relevance), or asking friends to link to your Web site (to increase popularity). If you're convinced that a future employer may confuse you with someone else, mention that person on your blog with a reference such as, "I'm not this Tom Jones, but it seems like he has a cool job."

- Pay Attention to Your Web ID
Set up a Google alert for your name, so you know whenever something new appears online that could affect your online reputation.


More on ways to upkeep your web repute :

• Use your professional name. And if you’re a lady who has taken her husband’s name, do the Facebook trick of including your maiden name to make it easier for colleagues and friends to find you.


• Use a professional photoshot. Not a snapshot while on vacation or using a cheap handphone set with low megapixel.

• Add a Professional Headline. You can find it on the Edit My Profile page. It should be a short and sharp, one-line bio. Never self-profess unemployed in the headline as that may indicate you are desperate.

• Be precise on your past positions. Be specific about what activities you do that best represent your present and future career.

• Describe your Web site or blog. Don’t list the name of the site, which is probably somewhat vague. Get right to the point by describing its function.

• Request recommendations. It’s okay to ask people for recommendations — seek out people that would complement your goals.

Saturday, February 20, 2010

MBA - International Corporate Strategy

International Corporate Strategy study  ( This report was for purpose of project study and may not carry any significant weightage on the findings to the organization named )


MBA ICS Report1

Friday, February 19, 2010

What it means to be Rich ??

What does it mean to be rich? Are rich and famous completely different from you and me? Recently one market research did a survey and found some answers we could learn from those being interviewed. Whether the survey is anything conclusive or not but the general findings below are likely to be "commonsense" if you were getting those feedback and probably you will also buy into the ideas coming out from the rich.  Try only if you have spare cash to flout or flounder, otherwise you end up in misery and alone if you end up bankrupt.

While almost everyone the interview had carried out said luck and timing played a role in their success, this had some similarities in the responses. Most of the truly rich, perhaps surprisingly, are not that different from you and me. They have the fears about their health and their children's future and the same basic desires as you and me have.

However, some differences.
The first secret of the truly rich is that they are never afraid to fail. Most said that at one point they had had a choice to either stick to an easy, secure route or take a calculated risk. To reach the truly heights of wealth, some extreme risk is needed. If you look for security in a job or are scared to try something different, you won't get far in the pursuit of super wealth.
Even when they had failed--and every single one of them had at least once--the truly rich said they had used those experiences to learn from their mistakes and get back in some time later. They had avoided letting failure destroy their optimism and their passion.

An Internet executive said his net worth had surpassed $1 billion during the dot-com bubble. He had partied with famous rock singer and jetted around the world on in his own jet plane. His net worth collapsed when the bubble burst. Instead of letting failure and financial difficulty stop him, he went out and tried again. He learned from his mistakes and created another tech company that actually had a business model and didn't rely merely on eyeball hits and being cool. The result? He just sold his last company for several hundred million dollars. He has that jet back, but he isn't resting on his laurels at the beach. Instead, he has started yet another company.

The second secret of the truly rich is that they look creatively at problems to find new income sources. Often they looked at problems from different angles and liked to go against the grain. They recognized that everyone else believing or doing something didn't make it right. But being a contrarian for the sake of being contrary was no solution either. They knew they always had to think critically when analyzing any problems

An oil executive said decades ago he had wanted to make better use of gas stations. They were profitable, but he felt they wasted space. People would drive up, fill up and then drive off again from the expensive real estate. His solution? Put in convenience stores, so people could buy gas and snacks at the same time. At first, he got a lot of ridicule for the idea. Who would buy petroleum and coffee together?
Well, today you'd be hard pressed to find a gas station without a convenience store. That executive is among the truly rich because he looked creatively at a problem and didn't let a little criticism discourage him.
The third secret of the truly rich is that they marry well. Not that they find a rich heir or heiress to wed, though that might not hurt. Rather, most of the truly rich, especially the self-made ones, said that having a good spouse had been critical to their success. Starting a company or running a conglomerate takes a lot of sacrifices. The stress can be a killer. Having a good spouse to support you and, most important, believe in you as you struggle to the top is critical.  [ Obviously the Woods having a good wife did not follow this advice and gone astray and now trying hard to find back his club not just his broken tooth ?? ]

Tuesday, February 16, 2010

Global leadership practices for local bosses

While the demand for leadership skill talent has been strong following the rapid growth in Asia in recent years, the supply pipeline has not been able to keep up. Asian companies that want to grow their business globally will require managerial talent with global business skills, whereas MNCs that want to grow their Asian businesses require talent that can operate effectively in the region. These present a unique set of leadership and human capital challenges.

The first chapter, by Prof Ulrich’s book - Leadership in Asia: Challenges and Opportunities, provides a contextual basis on which leadership is explored in the book. He is careful to point out that Asia cannot be seen as a single entity, where the same formula of doing things will work across all industries, cultures and levels - rather, this is a continent that is 'an amalgamation of countries, companies, cultures and contexts'. Given that they differ in terms of cultural heritage, political systems and population demographics, among various aspects, no single Asian view of leadership can be applied across the region.

Prof Ulrich's definition of leadership is not only 'the individual or executive team at the top of the organisation'; 'anyone who is charged with getting work done by guiding the behaviour of others would be considered a leader'. In other words, a 'leader' is not just the CEO or his inner circle of senior executives, but also the people behind new products, heads of finance, information technology, human resources, etc.

The book has got valuable information for practitioners of leadership – by the collection of views from renowned figures from various backgrounds and industries who have taken on leadership positions in the region.

Positive leadership and talent engagement are two factors that can help Asian firms ride out of the recession, according to Gerald Chan, country head and CEO of UBS Singapore. Positive leadership refers to 'the ability to lead oneself during times of crisis' while talent engagement refers to 'the ability to keep one's talents engaged, committed and resilient during difficult times'. UBS has also invested significantly in talent development. To train a growing number of relationship managers, a refurbished colonial-era bungalow nestled just off Bukit Timah Road is used to train and induct in the finer art of engaging and managing clients.

Liew Mun Leong, president and CEO of CapitaLand, the biggest property developer in South-east Asia, places great emphasis on grooming 'internationally experienced corporate leaders and a strong management bench'. He listed three reasons why Asian companies did not train or nurture enough CEOs.

First, they are 'late developers in the area of leadership development'. With the exception of Japan, Asian states were 'command' or 'protectionist' economies for a long time. This is why, he explained, they lag behind their Western counterparts in modernising managerial methods and corporate culture.

Second, management becomes hampered as most Asian companies (13 out of the 20 largest) are either family-owned or state-owned. As the top ranks in these companies are filled by family members or state-appointed managers, there is no real incentive to nurture employees for positions of leadership.

Finally, Asian managers working for multinational companies, despite their value and proven expertise in running Asian operations for international outfits, are hardly deemed to be potential occupants of corner offices in MNC headquarters.

Managing change, diversity

Liak Teng Lit, CEO of Alexandra Hospital, shared his experience on leadership at a time of major change. Alexandra, which was founded in the 1930s as a British military hospital, required a major upgrade. Plans were drawn up for a new hospital, to be located in northern Singapore. Mr Liak's team was asked to move and manage this new hospital - named the Khoo Teck Puat Hospital, in honour of the $125 million donation made by the late banking tycoon's Khoo Foundation.

The key challenge : 'to transform the model of healthcare'. This means that the hospital's managers cannot 'simply repeat successful solutions of the past in addressing new challenges'.

With a team drawn from various public and private hospitals, people came from diverse backgrounds and had different personalities. This diversity served the leadership well, as 'we had numerous challenges to solve that required different perspectives'. But it also presented challenges, especially when it came to getting 'everyone to row in the same direction.

Thus, people were systematically inducted into the organisation through a mix of programmes conducted by the top leadership team personally, as opposed to the human resources department - so that everyone could better appreciate the organisational philosophy, strategy and approach.

In short, 'leadership is clearly more art than science. However, by bringing industry, consulting and academic thought leaders together, lessons can be learnt that can be adapted to many,' wrote Prof Ulrich.

Great Leadership do not command excellence, they build excellence. Excellence is "being all you can be" within the bounds of doing what is right for your organization. To reach excellence you must first be a leadership of good character. You must do everything you are supposed to do. Organizations will not achieve excellence by figuring out where it wants to go, then having leadership skill do whatever they have to in order to get the job done, and then hope their leaders acted with good character. This type of thinking is backwards. Pursuing excellence should not be confused with accomplishing a job or task.

Some traits a Good Leader must have before he could exercise his leadership skills

1. Honest - Display sincerityand integrity in all your actions. Deceptive and insincere behavior will not inspire trust.

2. Competent - Base your actions on knowledge, reason and moral reasons. Do not make decisions based on "childlike" and inexperience, emotional desires or feelings.

3. Forward-looking - Set goals and have a vision of the future. The vision must be owned throughout the organization. Effective leaders envision what they want and how to get it.
4. Inspiring - Display confidence in all that you do. By showing endurance in mental, physical, and spiritual stamina, you will inspire others to reach for new heights.

5. Intelligent - Read, study, and seek challenging assignments.

6. Broad-minded - Seek out diversity, think out-of-the-box.

7. Courageous - Have the perseverance to accomplish a goal, regardless of the seemingly insurmountable obstacles. Display a confident calmness when under stress.

8. Straightforward - Use sound judgment to make a good decisions at the right time. Do not jump into conclusion and just by "hear say" from others. Do no pre-judge or make assumptions.

9. Imaginative - Show creativity by thinking of new and better goals, ideas, and solutions to problems. Be innovative!

The Hopeful Tiger Year 2010 ?

The 2010 Tiger seems to bring possible opportunities in the property market - albeit risky ones - if historical record hold true. Tiger Years are typically good years to invest but this year could hold full of hope and anticipation as the market recovers from one of Singapore's steepest recessions.

Some agree the Singapore economy expected to expand between 3-5 per cent by year end and may present opportunities for investors to buy in anticipation of a price recovery. But the element of risk remains. Like the tiger, the market is likely to remain active for the first half, but the second half of 2010 remains unpredictable. Although property prices have already reached a high level in the past 12 months, the prospect of further increases would be tempting to some investors. However, further price growth would also bring higher risks of a correction.

The last Tiger Year came around in 1998, smack in the middle of the Asian financial crisis. Then, the property price index for private homes shrank 34 per cent over 12 months. There was a very pessimistic mood at the start of 1998 in the property market.

But by the Chinese New Year of 1999, people were optimistic again. The market rebounded from Q1 1999 and, over the next two years, prices rose more than 40 per cent on the back of strong pent-up demand, increased investor confidence and a global IT boom.

Twelve years before that, in 1986, Singapore was in the midst of another crisis.

That Year of the Tiger (1986) came after the 1984-85 economic recession, which was exacerbated by the collapse of Pan-Electric. The property market dived to the lowest point in Q2 1986. But it then made a remarkable, long recovery over the next 10 years until May 1996 (when anti-speculation measures were introduced by the government), with prices rising more than five times. [ Maybe, I should take a side-step look at the car COE prices, which probably behave the same phenomena effect of rise and fall ? ]]

Similar history applies to 1974. The global oil crisis hit Singapore that year - the first major economic crisis the island had to weather post-independence. But property prices then went on to rise steadily from 1974. Over the next seven years until 1981, prices of residential properties rose more than four times.

IT seems that the Year of the Tiger has historically been linked to tumult and upheaval.

Relooking back the last century showed that almost every year of the ferocious Cat has been accompanied by either market downturn, wars, or crises of other forms. In many cases, the markets walked into crises in a Tiger year, while on some occasions, they climbed out of turmoil.

As the world now stands on the brink of yet another Tiger year, the top questions on every market player's mind are: Is there an Asian property bubble in the making and is the equity rally over.

On property, the consensus is that although markets have rebounded, they still fall short of the dizzying heights seen during the 2006-2007 years.

On equity, markets posted spectacular gains in 2009, but the increases only offset some of the outsized losses that were registered during the preceding year. Likewise, China is not experiencing a property bubble as compare to what you can see with much higher prices in Australia and or Hong Kong and lately the Chinese government stepped in to cool down the market.

Indeed, analysts felt that most Asian stock indexes remain well below peaks that were reached in 2007 and although forward-looking price-earnings ratios in Asia may have gone up a lot, they are not at levels yet that most would associate with asset bubbles.

Plus, the governments will be looking at signs of asset inflation in property sectors, in particular. Any selldown should give yield-buying opportunities as markets would eventually get used to the idea that governments are not going to over-tighten. Market watchers believe that the 10-month rally which started last year has already ended and stocks are now seemed to be in a correction phase rightly or not.

This came as risk appetite for Asian equities has sunk due to credit tightening in China, while equities have priced in the V-shaped recovery. At current environment, an overweight position could see the Singapore market and a year-end Straits Times Index target of 3,200.

Be aware of valuations, avoid well-known themes and search for value laggards. OCBC Investment Research believes that 'smart money will take note of the more reasonable valuations now and will be ready to re-enter the market'. Some estimates are that Singapore's economy shrank 2.1 per cent last year, while growth of between 3 and 5 per cent is expected for 2010, and private sector economists are even more bullish.

But leading indicators from a recent BT-UniSIM study showed that the present recovery may look more like 1986's gradual recovery, even though it lasted about as long as the crisis of 1998.

This Tiger year brings political uncertainties too. Economists say oil price spikes, a top risk in 2010 according to the World Economic Forum's recent report, could be triggered by a conflict in the Middle East.
And for the global economy, looming concerns over the withdrawal of stimulus plans and sovereign debt persist.