SPECIAL agendaplusreadourmembers' Orient SINGAPORE
We want to prepare your child for success in life beyond secondary school. At GEMS, we offer the full set of academic and career related IB options, taught by highly experienced teachers that love to encourage and inspire. As a result, your child will attain the highest possible standards. And, just like our graduating class of 2018, your child could enjoy offers from the world’s most prestigious universities. Every student has the potential to be great. A GEMS education gives them the opportunity to explore their true capabilities. We see in every child GENIUS CPE registration number: 200803726H, 19 March 2017 to 18 March 2021 EduTrust certificate number: EDU-2-2082, 27 July 2016 to 26 July 2020 World Academy (Singapore) A truly international school for students aged 2 to 18 (65)6808 www.gwa.edu.sginfo@gwa.edu.sg7300 Book tourpersonala GEMS Secondary Years Programme
CONTENTS Editor: Tel:lucy@britcham.org.sg137TelokAyerStreet,#06-03,+656222-3552Fax:+656222-3556www.britcham.org.sg NewsPresident'sMessageExecutiveDirector'sMessage Feature: SectorPreparingforTomorrow-STEMEducationintheEnergy Feature: Feature: Feature: Intelligence Feature: Feature: Feature: PreparingSingapore’sWorkforcetoBeFuture-ready Feature: Feature: Singapore Feature: SpeedDespiteSize:LeasingoutEntireStart-upTeams Feature: Asia’sBusinesses:BecomingFuture-fitintheHumanAge Let'sDiscuss... @britchamsg@bccsingaporesentOrientisabi-monthlymagazinepublishedbyatowner’sriskandtheChamber
AnFOR?WAITINGAREWHATYOUadventuretothestars and stripes. Over 240 destinations across the US, in collaboration with American Airlines. Book now at ba.com
PRESIDENT: Rolls-RoyceSingapore TREASURER: PricewaterhouseCoopers EVENTS: MEMBERSHIP: (Chairperson)(Co-Chair)(Co-Chair) , (Co-Chair),(Co-Chair),(Co-Chair) DEVELOPMENT: DonRapley(Co-Chair), (Co-Chair)Chairperson(Co-Chair) AngelCheung-Horenfeldt(Chairperson) Executive: Executive:
Mercedes-B enz Mits ubishi M otors Kia Cit roën DS Automo biles Maxus Journeys are not measured by the distance we travel but in the memories we acquire. To commemorate 120 years of Cycle & Carriage, we are giving away 120 Exceptional Journeys* to our valued customers across Singapore, Malaysia and Myanmar. Stand to win a specially curated trip to Mongolia, Nepal or Korea To participate, simply carry out any of the following eligible transactions and register on our website between 10 Jan and 30 Nov 2019:
Purchase a new car from Cycle & Carriage and receive 120 draw chances; Every $200 spent on Cycle & Carriage’s aftersales services will receive 1 draw chance, capped at 120 draw chances. 120 Exceptional Journeys to be won! Register and find out mor e a t cyclecarriag e.c om/120 At Cycle & Carriage, we are driven by our passion to create people-focused experiences. As we celebrate our 120th anniversary in 2019, we remain committed to serving those who have made this exceptional journey with us. *Cycle & Carriage reserves the right to increase the number of prizes and the prizes will be allocated across Singapore, Malaysia and Myanmar. Other terms & conditions apply. Visit cyclecarriage.com/120 for more details.
Andrewaforward-thinkingagenda.VinewhohavebeenkeepourmembersinformedCouncilandEventPartner,community’sunderstandingASEAN,abondhighlightedSingapore,andourregionalASEANBusinessCouncil
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S$6.90198Issue2019January JAN 2019 EUROPE•RESTAURANTSVEGETARIAN•ROOMSDINING 074/02/2018(P)MCI BORDEAUX TO BAVARIA FOODIES! European Reviving FacialsHairFitnessMakeoversGoalsHealthTips NewYou KIDS DANCE, ART & TECH ENRICHMENT REPORTSPORTS POLO, GOLF & LOTS MORE VEGETARIAN CHOICES CHOCOLATES REVIEWED For first-time subscribers Expat Living is a monthly edition available in print and digital format. Sold in major bookstores and supermarkets islandwide. *Free subscription is applicable only for first-time subscribers living in Singapore. expatliving.sg/britcham GET YOUR FREE SUBSCRIPTION TO EXPAT LIVING HERE!
Message depthofthecurrentSingapore-UKrelationship.thelong-standingcollaborativewecelebratedInternationalWomen’sacceleratinggenderparityforefrontofourpanel’sdialogue,ChamberhasbeendrivingwhohavejoinedusintheHerMajesty’sTradeCommissioner
get your tax ducks in a row International outlook, local perspective www.thefrygroup.sg The Fry Group (Singapore) Pte Ltd is authorised to act as a financial adviser by the Monetary Authority of Singapore - licence number FA100057.
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convenience. 23rd3rd12th22ndAugust2019|6pm-9.30pm|TheBritishClub:TreetopsTerraceSeptember2019|6.30pm-10.30pm|Shangri-LaHotelOctober2019|7pm-11.30pm|Shangri-LaHotelOctober2019|5.30pm-9pm7thDecember2019|6pm-2am|Shangri-LaHotel
(BritCham)bccsingaporebritchamsgbritchamsingapore Tel:137TelokAyerStreet,#06-03,+656222-3552 britchamsingapore
BRITCHAM BOARD MEMBERS 2019 / 2020 Arcadis
President, Technologies Diageo PricewaterhouseCoopers LLP TREASURER
NEWS: NEWS anniversary-therecognisingthelong-standingcollaborativeThisyear'sawardssubmissionswillcloseonattheShangri-Laour20-yearanniversaryamongseveral BritishChamberofCommerce judges.
organisationandmaybeenteredthroughself-Thisawardandlong-termcommitmentbusiness,culturemadeanimpactonSingapore'scontributing
NEWS:
NEWS: overseas China.toUK-basedNgeeAcademytodeliverAnn-Adelaideprovidedhigh-qualitynowa100%-ownedEducationHoldingsaerospacemanufacturingcompany,Fieldthearea’semploymentandeconomy.provideFieldInternationalwithamanufacturingandrepair-family-runcompanyhasanimpressivepresenceontheglobalstage.Employing50highly-qualifiedpersonnelintheUKandfastapproaching200employeesworldwide,thisforward-toolingandgroundsupportequipment.They’reevenabletolayclaimtobeingoneoftheUK’sonlyofficialAirbusTier1AircraftToolingsuppliersandoneofthetop-sellingBoeingtooling
2019.Pacificincreasing2018anditspeople,deliveringwasEdrington’spremiumspiritsproductsparticularlywellinnumberofwell-informedconsumers.brandandourconsumers,region–totheheartofSpeyside.improvingtechnologiestoourmanyfriendsandthatEdrington’ssuccess
NEWS:
Foundedin1890,isdistinctively
secureBakerMcKenzie,market-leadinglongafterthey’vewhodevelopandTheSingaporeSportslifestylehub.Asideclassevents,it
RepressizesenhanceyourtrainingandstylesforchildrenInthelastyearwe’veexpandedtheuniformproviderSamanthaShorten,Co-founder
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FITNESSSINGAPORETRAMPOLINE
UPCOMING EVENTS DATE NAME TIME VENUE May2019May2019 #09-01MYPCentre May2019Storytelling:Engagement Commerce Jun2019 Commerce May2019 Singapore May2019 Commerce
InternationalPartoftheSG-UKPartnershipTheCityofLondon'sAmbitionsCo-Organiser:Women'sDay
WomenoftheFutureCo-Organiser:
promoteSingaporeinpartnershiptheUK’sexcellenceTheeventwasalsosessionswithGuestHighCommissioner,broughttogetherexpertsinTheFutureLearning(TVET)andempoweredLearning 28
ProgrammesVice-Chancellor,atStJohn’sCollege, MarkO’Donoghue, ACCA “Buildingcompetenciesfromthebottomup:focusondeliveringcriticalskillsforthefuture” –RuthBeattie,BenRowland,andMarkO’Donoghue workforce“Deliveringpracticalworkplaceskillstoequiptheofthefuture” –DavidJones,DavidKelly,EstherThng,Professor globalisation,“OpportunitiesandChallengesforthefutureifandthechangingworkplace” –CindyLee,BenRowland,DrMatthiasDorrzapf ‘real-world’,•Howarewepreparingstudentstolaunchintotheacquireskillsandlearntoadapttoa –ChingChingTan •Thefutureoforganisationallearninganddevelopment-whatdoindividualsexpect,andhow –EdwardHoughton–MarkO'Donoghue •Casestudyfromaglobalbusinessthathas –SimonPriorandKellyCrouch •Digitisingourenterpriseandengagingaudiences –SamanthaGrainger
School
Relocationschoolthatwasnot-for-profit;inmytoSingaporeisawell-newiterationmusicandsportcosts’,butlifelonglearningandexploreseach
basedlearningwithaninternationalperspective,standsatover2,700,with49nationalitiescurrently
Agenda: Months
panel-ledFunan’sone-of-a-kinddiscussionwhichcoveredourhealthandwell-being,experiencegenerationsCarolineEssame’s
Education Jadetodayandfortomorrow’sgenerations,Camps-Douglas,HeadofWellbeingatRolls-Royce,sharedhowRolls-RoyceSingaporehadledandexplainedtheimportanceof“selling”theiryouth-ledorganisationhasdonetoday’syouth,andexplainedhowperson-to-person
ensuring‘bigfolloweda‘worldroom.In-betweenplayers’inSingapore,themselvesforIntelligence,Criticalemployees’rightstopayno-to-littleThereareseveral
businessregionalregional“OldMutualInternational(OMI)andco-createnewsolutionsandbank’sexpertiseandresourcestoco-createabespokeThenewproducttapsintoOMI’sexpertiseinofferingcross-borderbank’sexpertiseinstrategy.”“RelationshipsbetweenauthorityPacific,Isawthatallemployees’Thisisnotsoft,touchy-feelyhavedoneit.Successfully.”“Costpressuresaredrivinginnovationsinthe2.0”,withplant-basedhardtoconceive–andimpersonal–buthavealreadyopenedsemi-undertakingthe“Futureoffood.”
TenantCS automation.”embraced“Afewyearsago,thefutureofco-workingspaces“Thecorporateservicesprogress.” 19thWinnersoftheChamber’sFutureofWorkawardatlastyear’s work.”“ThefutureofworkforAnagramemployeestohelpdrivechange.It’sfuturedemands,theycan’tstandbuy-infromacrossthecompany.
professionsespecially“Thetheappealviewed“Asthenatureasmorethanampleamenities,toadiverseandoccupiers’well-being.”alliedhealthindustryinSingaporeforSME'sthatarerelativelyoftenrequirenon-progressedwithinSouthEastAsia.”“Digitalisationandbusinessmethodology.Asamid-tieraccountingrecentpartnershipwithaleadinghome-technologies.”
surveys.“Digitaltransformationischangingthebusinesslandscape,especiallyintermsoftherequiredskill-set,everyonetore-thinktheirbusinessstrategyandinvestindoes–thisisembodiedbyournewSingaporeoffice.morebreak-outandcollaborationspacesforstaff,internalenvironmentthatshowcasesthefutureofwork."“Thefutureofschoolingisahottopic.Wehavebeennext30years,unrelatedtoalearner'sage,andamoveawayfromplace-basedinstitutionallearning.Thethereareeffectivewaysof‘bypassing’traditionalemployers.”“Asmobile,bigdatasignificantconstraintintheirstrategy–invarietyofdifferentmultinationalcorporations together."“Ifyouwanttogofast, ”“Weseetechnologyroleinthefutureofwork,theyneedthroughnativelocationswhilestillenablinghybridcloudsolutionsandmanagementdemands."
betterdecisions–AIisdrivinganunderstandtheircustomers’propertypreferences,Ricacorp’sagentsarePacific’sgrowthwithAI,whichtodayisstilltheirstaff’sdearthofanAI-readyworkforce.withspeedandagility
ThisisakintosomeofficeswhichI’ve
countries,industryleaderwithover25years'ofCorporateVice-PresidentofMicrosoft,over20,000highly-Asia’sdigitalambitions,whereheMicrosoft(Nasdaq“MSFT”@microsoft)
neededBuildinganAI-readyworkforcealsotocreatenewAI-ledinnovations–adaptabilityandcontinuouslearning.AIisanever-thenumberofback-and-forthsschedulefollow-upmeetings.aboutitslife-enhancingdecision-makingprocessesthefoundation
examples:Business-to-Consumercustomerperspective.TheBusiness-to-experience.context.GenZswon’texpectanythingback-officesofcompaniesarebeingcomplextaskhanding.Chat-Botsinaduringatelephonecallortext-basedTheworkforceitself–thehumanchallenges.Withbetterprimary-through-to-tertiaryhealthcare,peoplehealthilytoboot.A50-yearoldcouldhave25-yearactivecareerandworkforceandMillennialisnowAnSMUstudyon 1 &,,
better-connectfrompeople-ledtransformationandthenfunctional-boundary-basedwithcustomers.thatinvolvesahand-off,orhand-Whennotsuccessful,thesehand-tomakeadigitalmeaning! Kingdom.TimisChairmanofBritCham’s Ram boardsandC-Suiteontheorganisational 1
DeloitteByNicoleScoble-Williams,Director,Centre Accordingmachine“augmentedworkforce”wherehumansco-workerstodrivebusinesstoDeloitte’sReadinessculture.Thetraditionalecosystem—avariedmoremeaningful,
Skills–TheNewCurrencyofWork workforce.totheWorldEconomicForum’sFutureThemodelof“learnatschool”and“doatwork”isnolongersustainableandBusinessleadersecosystem toNicoleleadsDeloitte’sFutureofWorkWithmorethantwentyyearsofcross-thenewrealitiesofworkintoday’soffiveFortuneGlobal500®companies.LearnhowDeloitte’sapproximately
toproductivity:AccordingtoMercer’srecentstudyofopportunities,companiesshouldn’tloseawell-alignedandwell-havetherightskillsintherightplaces–workforcepsychographics–theinclusivity,andbrand–whichinformfirms’longer-termabilitytoattractandEconomicForum’s2019 Report Zemployees, & RichardSmith-Bingham ashouldn’tlosesightofakeycomponentofproductivity;well-alignedandwell-motivatedworkforce.
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manyoftoday’sworkforcetrends.Duefacedifficultiesinfindingwork–therateofgraduatesinfull-timepositionsfelltoaten-yearlowin2017,withamajorityengagedinfreelance,part-low-skillworkthatissusceptibletoautomation–endangeringpotentialproductiveness
evolvingmacro-levelrisklandscape Mercer insights.htmlhealth,wealthandcareers.We’reinsociety’smostcomplexchallenges.
LLP Automationcanhelptotakethe“robot”outofhumans
Middle-East,Asia-Pacific,CIS,Europe,SouthAfrica,USandsheiscurrently
employees’carryingideaofaphysical“‘robot”manuallyoutwork–itisnotatimeeveryday,Outsourcinglow-valueandhigh-capacityinundertakinghigher-willnottakeplace“automatically”.figures?areprovidedinreal-timeintotheirintohigher-ordervalue-addingleadersto“unlearn”instincts.Instinct-basedandemotions.data-drivendecision-makingthatconsistentlyfact-baseddecision-making.“robot”out
Consulting
PREPARINGSINGAPORE’SWORKFORCETOBEFUTURE-READY
PreparingSingapore’sWorkforcetoBeFuture-ready
PREPARING Upskilling PwC’scircumstances.asaccompaniedIt’sbeenwidelyrecognisedthatthe4bymassre-skillingofwellasrecruitment,on-boarding22globalbusinessleaders’pessimisminandinitialdataindicatesthatend-to--takingintoconsiderationsocial Leadership thoughare‘strategistleaders’;findmulti-disciplinarysolutions,thedevelopanddevelopingparticulardevelopingstrategistleadercomprehensivelearningisnotexperiences.A‘growthmindset’developnewSingaporean We’reanetworkoffirmsin158
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elevatepeople’scapabilitiesasworkershelpworkforcetonewgrowthmodelsand‘newskill’IfcompaniesweretoinvestinAIandHuman-
memberdigitalexpertsisre-imaginingleadershipandage,fuellingAccenture’sofAccenture’sGlobalpositionsinAccenture’sHealthandfocusesonsolvingclients’mostclients’future,combiningdeepworld.Visitwww.accenture.com/sg-en/strategy-indexformoreinformation.
Britishopportunityadvantageofahigh-qualityeducationforUK’sschoolsandtheCouncil’seducationworkinenterintothemarket.BritishCouncil’sandtrans-nationalEducationenabletheUKtomaintainit’smarketrecruitmentandtrans-nationalSingapore.Singapore’seducationScienceandMaths,rankings.Singapore’s
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PREPARING alternativestothewell-troddengraduatepathundertakeninaperson’sandreintegrationorre-entrycoursesinreviewtheindustry’sattractiveness.it’soldanddirty;notdigitalandclean.Today’senergysector,likehigh-endbytoday’sseniorplantoperators–notandisamajorcontributortoGDP–included.Energyis70%ofSingapore’squick.Nimblenessandworthwhilevalue-drivenjobcreation baseanPreviously2005-2012wherehewasbasedexecutive-levelinternationalclient-thathasincludedtheworld’s PeterGodfrey,BreeMiechelandTimRockellare
Start-upTeams However,theirown FEATURE: SPEEDESTART-UP
BuyingStart-upDNA settingup"InnovationLabs"internally "RentaStartup"
don't"bigFromstart-ups.Young,unconventionalAirbnbtoGrabtoTesla-thecompanies",itshowsthattoinnovation,start-upshaveadecisivehavetosticktocomplexprocesses,andtheydon'thavetopayThequestionthereforearises:Whycan'tstart-up?Agilityinacompanymeansandlearns.Thisstep-by-stepapproachovernightandhampersinnovation-speed-atahorrendouspace.Andthus,thewell-knownwaterfallthinking
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FEATURE: SPEEDDESPITESIZE:LEASINGOUTENTIRESTART-UPTEAMS
FEATURE: SPEEDDESPITE Group:worksinpractice-here'sa destination: Science.(Master’sDevelopmentSingaporeandco-owner/Degree).Asiaandresponsibleforthecompany’stoday’sdigitalworld–fromcomingupexperienceofmorethan10’0001’000highlyskilledemployeeswith
FEATURE:
organisationsaccordingPrudential’santicipatedsavingsdidn’tmaterialise.storyrevealstheurgencytoMercer’s2019Globalawarenessofdisruption–71%ofAsianfuture-fit,thereisefforts.Intoday’suncertainclimate,changefatigue.Mercer’sstudyfindstheircompany’sabilitytomitigateMercer’sstudyidentifiesthefollowing—beitnewsuccesswillbedone”,asPrudentialroles.Thisyear,
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FEATURE: learningbasedonanemployee’sKPIs DeliveringTalent-ledChange
progress.OneinfourofAsia’soneofHRleaders’topconcernswhenitencouragingthatsomanyofAsia’sHRrolloutofmajorchange–thehighestoftheregionsstudied;80%ofChina’stochange.Mercer’sglobaldatarevealbenefits:53%ofhigh-growthkick-startingmajorchange,comparedto39%ofWhatisapparentstudyistheneedahead.
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Let'sDiscuss...
LET'SDISCUSS...
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ENTER IN ONE OR MORE OF THE CATEGORIES:FOLLOWING ENHANCING THE INUKINNOVATIONDIGITAL&DIVERSITYINSUCCESSLEADERSFUTUREEXCELLENCESTART-UPJOURNEYASEANINCLUSIONIMPACTSINGAPORE ENTER BRITCHAM’S 20TH ANNUAL BUSINESS AWARDS AT BRITCHAM.ORG.SG/AWARDS/20ABAENTRIESCLOSEON 6TH JUNE 2019 CELEBRATE THE WINNERS AND 20 YEARS OF BUSINESS EXCELLENCE ON 3TH OCTOBER 2019 | 7PM - 10.30PM SHANGRI-LA HOTEL, SINGAPORE TITLE PARTNER: