Ref. PR-02244
Singapore, 2 February 2010 – Robert Half Singapore today released a White Paper on “Lessons from the Downturn; Positioning for Success”. The paper presents the discussion by a distinguished group of panellists at the Financial Leadership Forum 2009 on 12 November 2009, hosted by Robert Half Singapore and supported by the Institute of Certified Public Accountants of Singapore (ICPAS).
The forum’s panel comprised Mr Tim Hird, Managing Director of Robert Half Singapore, Dr Ernest Kan, President of ICPAS and Chief of Operations (Client and Markets)/Head of the Global IFRS & Offerings Services of Deloitte & Touche LLP, Ms Teresa Lim, Managing Director of IBM Singapore, Mr Sarjit Singh, Vice President and Chief Financial Officer of American International Assurance Company Limited and Mr Robert Yap, Senior Vice President SSC at DFS Venture Singapore.
The discussion centred on the following topics:
The Year in Review
2009 was a challenging year on all fronts for businesses across the world. Crippled by the financial meltdown, many companies collapsed or dissolved, disappearing forever from the corporate landscape. Organisations that managed to steer to safety were those that took to heart the lessons learnt, responding nimbly to changes and focusing on what really mattered – their business fundamentals, employees, clients and balance sheets. People are ultimately a company’s best assets, and those who had invested in retaining their best talent and building strong teams during the downturn will be able to count on a group of competent and dependable staff as they position themselves for the recovery.
Business Opportunities in the Downturn
Conventional wisdom teaches us that opportunities arise even during difficult times. Whether revisiting corporate plans, enhancing business priorities or strengthening the talent bench, companies that have been able to seize challenges and turn them into viable opportunities are best poised for sustainable growth in tandem with the recovering global economy.
Positioning for an Upturn
As organisations gear up for growth again, the key to success is the sustainability of business momentum amid a rapidly-evolving environment. By employing smart cost-containment measures and focusing on building brand equity, organisations will be better placed to re-engage customers, restore employee confidence, and reinforce their market positioning.
Star employees’ are often the driving force behind an organisation’s success. Regular communication with employees and keeping them involved in business decisions will help instil a sense of belonging and loyalty, allowing a company to harness the strengths of its best people to grow together as a team and move forward into the future.
Order your free copy of the white paper
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