The Business Times
business-time-50
PERSPECTIVE

Critical organisational shifts Asian companies must address

google-preferred-sourceAdd BT as a preferred source
    • Chinese electronics firm Haier's organisational model allows it to stay close to users and build an innovative company.
    • Chinese electronics firm Haier's organisational model allows it to stay close to users and build an innovative company. PHOTO: BLOOMBERG

    Dana Maor and Gautam Kumra

    Published Sat, May 27, 2023 · 05:50 AM

    WHEN DBS bank was thinking about how to develop itself as an organisation, it knew it had to embrace change – but it also wanted to empower its employees.

    “We went to our employees and asked them what they needed to take the organisation forward,” says Lee Yan Hong, managing director and head of group human resources at DBS in Singapore.

    The answers were clear: employees wanted to be able to share information across teams, leverage digital technology for their clients, and work in a psychologically safe environment.

    Business managementPerspective

    TRENDING NOW

    In hiring for AI-fluent users, companies will do well to better define and test applicants on their capacity for human oversight.

    Employers want AI-fluent employees. Hiring them is the challenge

    Philippine’s Maharlika support for Petron through a credit facility shows the sovereign fund’s role in the nation’s energy security.

    Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature

    SpaceX's US$75 billion initial public offering was more than four times oversubscribed. 

    SpaceX, Unitree, Anthropic, OpenAI: Is the ultra-hyped tech-listing wave backed by sound fundamentals?

    In 2027, the combined maximum incentives for EV cars will be lowered to S$20,000 from S$30,000 currently.

    Changes to EV incentives, uncertainty over COE framework drive Category A premium to a new high in ‘re-run of 2025 mania’

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More