| |
| |
 |
| |
|
| |
|
| |
|
SINGAPORE: The Economic Development Board (EDB) is spearheading a new outfit called Singapore Leadership Initiative for building Networks and Knowledge (LINK). This is part of an initiative to ramp up efforts to make Singapore a "Home for Talent".
Speaking at the opening of the Singapore Human Capital Summit on Tuesday, Prime Minister Lee Hsien Loong said Singapore has been building up its infrastructure for research and training by creating programmes of value for companies and their talent.
"For example, through its Global Schoolhouse initiative, the Economic Development Board has attracted premier international universities like Insead, University of Chicago Booth Graduate School of Business and New York University's Tisch School of the Arts to set up here.
"To be a Home for Talent, we must provide exciting job opportunities and a high quality of life. We must also be at the forefront of human capital development, so that people see this as a place to stretch and achieve their potential.
"And we should develop human capital not just for Singapore, but for the whole of Asia. After all, Singapore is at the crossroads of Asia. If we can help Asian economies to gain talent and grow, we ourselves will in turn grow with them," he said.
The new Singapore LINK will bring together business schools, universities and firms offering professional services in a single campus devoted to leadership and talent development.
This clustering will strengthen the links between research, management and training, encouraging corporations and academia to work together and adopt new best practices.
"This is a very powerful concept to synergise the best ideas in research, teaching and executive education, as well as in the application of new ideas in human capital development and leadership development," said Leo Yip, chairman of EDB.
For example, Towers Perrin will soon launch a study of cross-cultural leadership in Asia, while Watson Wyatt intends to develop human capital risk management tools for Asian companies. Both projects are expected to involve academic researchers.
Moreover, within Singapore LINK at one-north, which is in the Buona Vista area in the western part of Singapore, the Manpower Ministry and the Singapore Management University will set up a Human Capital Leadership Institute.
The new establishment aims to be the premier institution for raising strategic human capital capabilities in Asia. It will conduct pan-Asian research on important human resource challenges, and offer training and development programmes on leadership and management to global participants.
One such course will be the Singapore Business Leaders' Programme, catering to senior executives who are expecting to take on regional or global responsibilities.
The programme will provide leadership development, networking opportunities, as well as exposure to leading human resource and talent management practices in Asia.
Mr Lee noted that the future of Asian economies will depend on nations making full use of talent, which is why human capital and leadership development are critical.
- CNA/so
|
