We live in a world which has no lack of opinions. Ultimately, what really counts is whether those opinions are objective and contextualised for your situation. This section provides our point-of-view on various articles and reports that you may have read. We hope this will help shape your perspective of what you need to do for yourself and your organisation.
Don’t assume others will understand something easily just because you do
They call it the “curse of knowledge”. When you are working on something, you have its context, background and familiarity. You will tend to assume that the people around you also has the same level of understanding on that matter. And you get frustrated when they don’t. Similarly, they get frustrated with your lack of…
Will the business model for Real Estate developers change?
The business model of real estate developers is a “project-based” business model. They constantly need to find land for development and sell what they have built to yield revenue & profit. This revenue model can be “lumpy” and it is difficult to maintain a consistent yield. As such, many real estate developers have property rental,…
Will business travel ever return to pre-pandemic days?
Will you spend thousands of dollars if you can achieve the same outcome without having to? When businesses are trying to reduce costs, this may seem like a no-brainer. Of course, meeting face to face makes a great difference. The question is how frequent this needs to be. For as long as video calls can…
Is a university degree a good investment?
A study of 26,000 bachelors degree programmes found that about two-thirds of them have graduates making enough to cover their costs in 10 years or less after graduation. But the intangible benefit is the friendships you build and the experience you get through your University days. These may help you throughout your career in a…
Singapore’s Mid-level Expat pay packages for 202- 5th highest globally
While the value of mid-level expat pay packages in Singapore has fallen in 2020, they still rank 5th globally.
Robots operated remotely by people with diabilities
This is a really good way to provide jobs for the disabled. They may not be able to move around easily, but their robots can. So this cafe in Tokyo has cleverly enabled around 50 physically disabled employees to work 800km away. They control robots who bring the drinks/food to patrons in the cafe and…
Amazon.sg will be imposing 0.5% surcharge on Visa payments from 15 Sep 2021
The merchant discount rate for online merchants is usually higher than those who operate physical stores. The rate for small physical retail merchants usually hovers between 3-4%. Many already consider this to be a high operating expense. It leaves to see if consumers will turn away from shopping on Amazon.sg and use other platforms instead.…
Amazon eclipses Walmart as largest retailer
This is a significant milestone. The virtual mall (Amazon) is now bigger than the physical mall (Walmart) in revenue. it represents how people buy; it represents the effects of digitalisation. It has happened to retailing. Sooner or later, every industry will see the same effect. Hence, businesses must embrace digitalisation and plan for their own…
Do you desire to work beyond 100yrs old?
This lady is 101 yrs old. She continues her work as a lobster catcher way beyond anyone’s retirement age. And she has been happily doing this since she was 7. It is unlikely that you can continue working in a company for as long as you like unless you own it or are related to…
Insurance company adopting new business model
Innovation can be inspired by new technology, new business models or both. We are beginning to see the insurance sector adopt a subscription-based business model similar to that of Netflix and other companies. And insurance company Income is launching this via an app. This is certainly good for customers. Hopefully, other insurance companies will follow…
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