The Fei Shiong group started as a single fish-ball noodles stall. Today, it has 15 brands and 160 outlets. This is one of the successful F&B start ups that has thrived through the years in Singapore. Check out this interview with the founders.
All football clubs experienced drop in revenues in 2020. With lockdowns and matches without fans, the main cause of revenue declines is clearly due to having no match ticket sales. In spite of this, Real Madrid has turned in 681M euros. Perhaps this is the time for football clubs to re-examine their business models and revenue mix strategies so that they have a sustainable future.
Why do clients often feel that they are “educating” their consultants instead of learning and benefiting from them?
One major reason is because the consultants simply lack real management experience. The typical consulting model involves fielding junior consultants to engage, while the senior partners maintain the client relationships. The fact is that most of these consultants have never been responsible for business operations. Hence, they can talk about management practices, but have never been accountable for the results.
Here’s a funny video that was posted on LinkedIn that illustrates what I mean. I hope it won’t be your experience with your consultant. Talk to us at SilverBullets for a different experience!
If you are an entrepreneur, you need to step away and let someone else lead at some point. This should be part of succession planning. We’ve seen Bill Gates and even Jack Ma do the same. Otherwise, there will be no future for the company. Do you have such plans in your company?
This is a good infographic to keep – it shows us a summary of how Singapore’s and the world’s economy was affected by the COVID-19 pandemic.
I have no doubts that Google & Apple Pay well. But that would not guarantee that they will fare well in employer rankings. It has to be something in their culture that makes the difference. And here’s one example of how it is manifested in the culture of Google – they hire those who add to the team and not those who will fit in. That’s walking the talk for their values in diversity. And we can see how this came a long way in bringing them to the top in employer ranking.
Digitisation is different from digitalisation. Digitisation is simply to convert something which is analog into digital form. Digitalisation has to do with re-engineering a process end-to-end with the help of technology. It is not just about technology alone. In fact, the process is more important than the technology itself. Technology is just the enabler. The process provides the experience – which is probably what matters most in determining the success of digital transformation.
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