Author: LS H

Business Management Consultant | Executive Coach “He is no fool who loses what he cannot keep to gain that which he cannot lose.”

How to choose between 2 job offers…

On By LS HIn Career, Human ResourceLeave a comment

Congratulations! You have two job offers. How do you choose between them?

First of all, be very Glad that you have two job offers in the current market. Just landing one Job is hard enough, let alone 2. But just how should you choose which one to take? The following are some key considerations:

1) your hiring manager – this person will likely make the greatest impact on your career. If he is a leader, he will spill over lots of good practices you can learn from. He will groom you, give you opportunities and bring you to places if he progresses in his career. So find out what your hiring manager is like.

2) what is the size of the company? A larger one will probably offer more progression for your career. It will also offer more learning opportunities. But a small one is also where you can be part of the growth and learn in that process. Sometimes, it may be better to be a “small fish in a big pond”. Other times, it may be better to be “a big fish in a small pond”. it depends on where you currently are in your career.

3) what is the corporate culture of the company? You can find out lots about this from websites such as Glassdoor and other forums. The last thing you want is to be in a toxic culture where you hate going to work every day. 

Hope this helps in your choice.

Singapore gained 3 billionaires amidst the COVID-19 pandemic

On By LS HIn Financial Nett WorthLeave a comment

When people are losing jobs and businesses are closing, Singapore gained 3 billionaires and China’s super rich got $2 trillion richer.

Most of them experienced increase in financial nett worth because the stocks they owned grew in value because of sudden demand during the pandemic. Some of them also invested in under-valued stocks that surged when the upturn happened. Check the details in these articles.

First person to cross US$200B in financial nett worth

On By LS HIn Financial Nett WorthLeave a comment

Jeff Bezos of Amazon because the first person in history whose financial nett worth crossed US$200B. And it happened in Q3 of 2020 in the midst of the COVID-19 pandemic where tech stocks saw a boom due to increased e-commerce and online activities.

Meanwhile, the wealth of French luxury brand LVMH’s titan also crossed US$100M. It seems like a case of the rich getting richer since they have the reserve to invest in under-valued stocks that rose when the markets turned around.

Don’t underestimate the importance of experience!

On By LS HIn Career, Human ResourceLeave a comment

You may have read this story on social media…

A ship engine failed, NO ONE could fix it.

Then they brought in a man with 40years of ship repair experience. He inspected the engine carefully. Then he reached into his bag & pulled out a small hammer. He gently tapped a particular spot at the engine. Immediately, the engine rocked to life. It was fixed!

A few days later, the owner of the ship received the bill for this repair, amounting to $10,000. “What?!” the owner exclaimed. “He hardly did anything”. So, he requested for an itemised bill. The man sent in the itemised bill as follows:

  • Tapping with hammer – $ 10
  • Knowing where to tap – $ 9,998

Obviously the story is greatly simplified and no one fixes engines with just a tap of the hammer. But in this fast-paced, fast-promotion, high expectation and highly impatient generation, we really should not forget that there is a place for experience.

With the retirement age being extended and many people working beyond retirement, the work place is a complex multi-generation environment. Managers need to be able to navigate this carefully to maintain harmony in the workforce, leverage the youthful energies and tapping on the wisdom that older employees bring to the table. That also requires experience!

The value of values in economic growth

On By LS HIn Business Fundamentals, Economy, Human Resource, ValuesLeave a comment

When countries pursue economic growth at all costs, they will soon find themselves “without a soul”. Hence, I find this article so appropriately put – the value of values in economic growth. When economic growth is experienced embracing values, the social fabric of the country remains strong. The same will be true for companies. Growth should never be at the expense of values. Check out this article.