When political fires fume ambitions, man will does its best to find out the reasons to believe which party is the better choice for the future. The first to take the impact is its related organisation that deals with most of the people and associates with influences that rein across the small acres of land. When changes surface, and when stagnant waters turn into tide, a new revolution will come. Likewise to the possibilities of financial wildfire, where the currency that holds multiple lands together will soon create a turbulance to the entire living spaces.
If there is one being that affects the world, that will be man. If there is one reason that holds people back, that will be insecurity. If there is one interest that create chaos, that will be monetary influence. While people makes the best to live, changes are bound to live beyond traditions, and values can sway underneath perceptions.
What is all left is one's principle to live, to perform and to show that his or her living meaningful. No one can belittle you except yourself. But the environment can change the person drastically if unnoticed. Beware, behold and not let influences, perceptions and monetary greed shakes your mind and feelings till you have lost yourself without you knowing.
Strife out beyond the adversity and conspiracy. The times where commercialisation will soon lose its stand and man will find another measure to weigh its worth and move mountains.
Showing posts with label crisis. Show all posts
Showing posts with label crisis. Show all posts
Sunday, May 9, 2010
Wednesday, January 14, 2009
Blame it on Globalization or Governance?
There has been a long time since I last blogged... even though I tried to find time and tell myself to do something to my blog layout, I was busy with my internship programme at SIM for the past few weeks. Now I have completed my internship and started my new semester for my communication degree... I am also keeping a look out for jobs that I may be interested to embark in (eg. public service sector). This is because I will be graduating soon this year in May 2009.
Interestingly, there has been great policies spearheaded by the Singapore government to revitalize and salvage the current and local economic situation during the bad times. Unemployment, staff retrenchment, pay cut, fewer bonus and low entry salary have become common ever since the US financial crisis hits the world due to globalization. People lost their jobs, government trying their best to minimize the impact and losses, corporations are struggling to survive and consumers are keeping their wallets tied turn out to be the facets of life and underlying "trends" now. If we have known this would happen, there should have been fewer people losing their investments, and better plans to reverse the paddle.
Nonetheless, it seems like not many have come out to speak about how this has happened and why some countries are less affected by the economic downturn. Following the Lehman Brothers and many other major banks which has faced bankruptcy in the United States, states everywhere around the globe suffered tremendously huge sum of capital, funds and investments. It seemed like we can "blame" the financial structure of the US which caused the gigantic "ship" (ie. world's economic) to overturn, but some countries (like Singapore) faced the tides well while keeping their minds optimistic about the situation. Whether or not the future lies a better global economic structure or not, we have learnt that a country may be affected by globalization but if the governance is good and people (especially political leaders) are versatile in handling bad times, we can still fight our way through the tough battle.
Nation upgrading, community bonding, social development, public welfare and economic workforce are the keys aspects to turn the flaps along the tides (realize I didnt say "against the tides"). Why? Because for one basic fundamental in business - "Crisis equals opportunity." For lower-income people, this is a great time to "work even harder" (that's the fact, face it!) and seize any chances to upgrade your skills, qualifications and knowledge. For middle-income entrepueneurs, professionals or business owners, this is your golden opportunity to devise a better way of minimizing expanses (do not focus on profit for now, seriously), expanding your relations with the stakeholders, and opening yourself to new bloods (employees) or ideas (strategic planning). If you still think of working for big bucks rather than on your people now, think twice! For the high-income flyers, good luck! That's all I can say. Although you might be the ones who have the most to lose but if you know how to adjust your profits margins and widen your scope of investments or business venture, you may also be able to take advantage of the situation rather than losing millions in a day or a week. We all have our parts to play, and I hope that my words can inspire those who are pessimistic about their lives ahead. Everyone, cut down your liabilities for now! This is the prime time to build your network! =)
As for me... I know I am not a guru in business, neither am I a high-flyer who earn bigs bucks a day. I am just an optimistic undergrad who wish to seek a great employer who trust my capabilities and can offer me a fantastic career that engages my potential and wits when I graduate in three months time. Public service may also be a good choice for me as I believe very strongly in serving the nation and protecting the community. Since we have the number one governance in the world, close networks with other nations, and the best geographical location, why fear? This is just a time when we have to learn to be responsible for ourselves so that others can count on us!
Interestingly, there has been great policies spearheaded by the Singapore government to revitalize and salvage the current and local economic situation during the bad times. Unemployment, staff retrenchment, pay cut, fewer bonus and low entry salary have become common ever since the US financial crisis hits the world due to globalization. People lost their jobs, government trying their best to minimize the impact and losses, corporations are struggling to survive and consumers are keeping their wallets tied turn out to be the facets of life and underlying "trends" now. If we have known this would happen, there should have been fewer people losing their investments, and better plans to reverse the paddle.
Nonetheless, it seems like not many have come out to speak about how this has happened and why some countries are less affected by the economic downturn. Following the Lehman Brothers and many other major banks which has faced bankruptcy in the United States, states everywhere around the globe suffered tremendously huge sum of capital, funds and investments. It seemed like we can "blame" the financial structure of the US which caused the gigantic "ship" (ie. world's economic) to overturn, but some countries (like Singapore) faced the tides well while keeping their minds optimistic about the situation. Whether or not the future lies a better global economic structure or not, we have learnt that a country may be affected by globalization but if the governance is good and people (especially political leaders) are versatile in handling bad times, we can still fight our way through the tough battle.
Nation upgrading, community bonding, social development, public welfare and economic workforce are the keys aspects to turn the flaps along the tides (realize I didnt say "against the tides"). Why? Because for one basic fundamental in business - "Crisis equals opportunity." For lower-income people, this is a great time to "work even harder" (that's the fact, face it!) and seize any chances to upgrade your skills, qualifications and knowledge. For middle-income entrepueneurs, professionals or business owners, this is your golden opportunity to devise a better way of minimizing expanses (do not focus on profit for now, seriously), expanding your relations with the stakeholders, and opening yourself to new bloods (employees) or ideas (strategic planning). If you still think of working for big bucks rather than on your people now, think twice! For the high-income flyers, good luck! That's all I can say. Although you might be the ones who have the most to lose but if you know how to adjust your profits margins and widen your scope of investments or business venture, you may also be able to take advantage of the situation rather than losing millions in a day or a week. We all have our parts to play, and I hope that my words can inspire those who are pessimistic about their lives ahead. Everyone, cut down your liabilities for now! This is the prime time to build your network! =)
As for me... I know I am not a guru in business, neither am I a high-flyer who earn bigs bucks a day. I am just an optimistic undergrad who wish to seek a great employer who trust my capabilities and can offer me a fantastic career that engages my potential and wits when I graduate in three months time. Public service may also be a good choice for me as I believe very strongly in serving the nation and protecting the community. Since we have the number one governance in the world, close networks with other nations, and the best geographical location, why fear? This is just a time when we have to learn to be responsible for ourselves so that others can count on us!
Wednesday, October 8, 2008
Crisis? People or Finance?
Abreast the US economy "U-turns", banks are losing their gold mines and submerging in huge waves that spread mercilously across the globe. Even the huge and uprising Dragon (China) is in its impact and busy putting off the Milk Scare trauma, Singapore is no exception either. Economic crisis management is on the roll, businesses, investors and huge organizations are in the same boat altogether. The question is: while the business and economic giants are "mending" their path to cover the pitfall, what can Singapore do to secure public confidence and take this opportunity to address issues that will help in the long-run abreast the current, and failing global economies?
We, a small but strong nation that lies along the Straits of Malacca, as Singaporeans have to understand that we cannot just wait for miracles to happen or God to descend and save the economic crisis. Besides, it is vital to consolidate our achievement and prepare for the next economy rebound, and address the issues that may surface in the long-run. In order not to make this "crisis" moment go into waste, my suggestion to the government is: we should monitor closely to the global financial movements and tackle issues facing the national economy, but at the same time we can generate efforts to close up the income gap, increase nation's expertise and standards (I mean -strictly and particularly- the lower-income people), and contain the discrepancies that are currently facing the lower-paid and unemployed. I am confident that with feasible measures taken to help the lower-income and less-educated, Singapore will be at a winning position when the crisis is over.
If the government believed that a GST package can help to reduce the impact of GST rise, wouldn't a “personal upgrade” package enhance the lower-income workforce to become more efficient for the industries and improve their skills, knowledge and standards? I suggest that such package may be aimed at increasing the educational qualification of the lower-income and less skilled, through subsidies and financial assistance to satisfy their intentions to pursue a skill/knowledge “upgrade.”
With well-planned strategies in “poor” times like this, “rich” assets can be created not by economic figures (yet) but through betterment of the people who needs it more than those who are educated and employed. In fact, if we have to worry later about the growing income gap in future, why not take actions now when the time is right? Moreover, people is our most reliant resources in Singapore… I believed to help those who are less privileged, we will build a more cohesive nation that share the same voice and embrace the mission to strive hard for Singapore even during the bad tides. I sincerely hope that the government can receive my message here.
If the times are bad to do business, why not focus on the people first? Don't you agree with me?
We, a small but strong nation that lies along the Straits of Malacca, as Singaporeans have to understand that we cannot just wait for miracles to happen or God to descend and save the economic crisis. Besides, it is vital to consolidate our achievement and prepare for the next economy rebound, and address the issues that may surface in the long-run. In order not to make this "crisis" moment go into waste, my suggestion to the government is: we should monitor closely to the global financial movements and tackle issues facing the national economy, but at the same time we can generate efforts to close up the income gap, increase nation's expertise and standards (I mean -strictly and particularly- the lower-income people), and contain the discrepancies that are currently facing the lower-paid and unemployed. I am confident that with feasible measures taken to help the lower-income and less-educated, Singapore will be at a winning position when the crisis is over.
If the government believed that a GST package can help to reduce the impact of GST rise, wouldn't a “personal upgrade” package enhance the lower-income workforce to become more efficient for the industries and improve their skills, knowledge and standards? I suggest that such package may be aimed at increasing the educational qualification of the lower-income and less skilled, through subsidies and financial assistance to satisfy their intentions to pursue a skill/knowledge “upgrade.”
With well-planned strategies in “poor” times like this, “rich” assets can be created not by economic figures (yet) but through betterment of the people who needs it more than those who are educated and employed. In fact, if we have to worry later about the growing income gap in future, why not take actions now when the time is right? Moreover, people is our most reliant resources in Singapore… I believed to help those who are less privileged, we will build a more cohesive nation that share the same voice and embrace the mission to strive hard for Singapore even during the bad tides. I sincerely hope that the government can receive my message here.
If the times are bad to do business, why not focus on the people first? Don't you agree with me?
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