Leading through turbulent times
In a downturn, the "climate" within an organisation - when workers get together and talk - can adversely affect results.
IN recent years, Singapore has shown a slowdown in economic growth and this is expected to continue in the future.
The reality is that businesses today operate amid uncertain global economic conditions, heightened geopolitical risks and a backlash against globalisation. At the same time, the digital economy is rapidly transforming business and disrupting operating models. Against this backdrop, the Committee on the Future Economy (CFE) and the 2017 Budget had announced measures to make it more conducive for Singapore to continue to develop a digital economy to encourage innovation and promote entrepreneurship.
Impact of economic downturn on SMEs
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