Hilton Worldwide has been named the top company in the 2015's Best Companies to Work For in Greater China list by Great Place to Work Institute, the global research firm that identifies and classifies the world's best workplaces. Hilton received this recognition based on the results of the 2015 Great Place to Work survey which polled 200,000 employees.
In total, 112 companies from Hong Kong, Mainland China and Taiwan completed the evaluation process, which examined the companies' workplace environment by asking employees about their workplace experience as well as how they feel about their company's policies and management process. While employees answered the 58-statement Trust Index survey, the HR and senior management teams of participating companies were also asked to submit a Culture Audit questionnaire, outlining their HR policies and practices.
"We strive to be an employer of choice and this is deeply rooted in our human resource strategy which places our team members at the heart of everything we do at Hilton. Loyal and happy employees are the foundation of our company and are critical to our success. We are continuously exploring new opportunities to engage, develop and reward our team members so that they remain fulfilled and appreciated as part of the Hilton family," said Martin Rinck, President, Asia Pacific, Hilton Worldwide.
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Showing posts with label Institute. Show all posts
Showing posts with label Institute. Show all posts
2 December 2015
Japan and Australia to be real estate investment magnets in 2016
Real estate activity in Asia next year will continue trends seen in 2015 - an abundance of capital flowing to core spaces, as well as a flight to safe havens in the region's most developed and liquid markets, according to Emerging Trends in Real Estate Asia Pacific 2016, a real estate forecast jointly published by the Urban Land Institute (ULI) and PwC.
Tokyo, ranked first for investment and development, ticks all the boxes for investors given its status as Asia's top gateway city, and the market with the greatest depth and liquidity. Despite the continuous heavy activity fuelled by easy credit and low interest rates, some are wary that the market is slowing. While the short-term outlook is favourable, a slowdown, accompanied by price stagnation or declines, could prove problematic for those needing to refinance high loan-to-value loans in the future, the report cautions.
Melbourne, third for investment and development, is perceived as offering a similar environment to Sydney. However, even with double-digit price increases in 2015, properties in the city remain more affordable than those in Sydney, mainly because more land is available for an expansion of the central business district (CBD).
Japan and Australia remain the favourite countries for investment and development, with Tokyo, Sydney, Melbourne and Osaka taking four of the top five spots for promising markets in the Asia Pacific region. Ho Chi Minh City, rated fifth, rounds out the list of most favoured markets.
"Asia's real estate markets are the product of almost eight years of easy money from the world's central banks. Although easing in the US may be ending, both Japan and the European Union continue to provide liquidity, while interest rates in many Asian countries are lower than one year ago," said ULI North Asia Chairman Raymond Chow, Executive Director, Hongkong Land in Hong Kong. "This, combined with an allocation of capital from both local and global institutional investors, is resulting in more and more money chasing fewer and fewer real estate assets. This is pushing up prices across most markets and sectors, even as the current industry cycle appears to be winding down. We can expect this to continue throughout 2016, with the most attention being paid to markets perceived as offering certainty in terms of low risk and satisfactory returns."
"As the bull market in Asian real estate enters its seventh year, the positive atmosphere is encouraging investors to sell assets purchased years ago in the wake of the global financial crisis. Our report finds that investors are increasingly opting to take profits and exit from deals made in recent years. Opportunistic returns lie in Japan, where cheap debt and high leverage provide outsized profits, and in China, where developers are in need of capital and liquidity is in short supply. Meanwhile, investors with an eye on a possible peak in the cycle are attracted to the safety of core assets in gateway cities," said KK So, Asia Pacific Real Estate Tax Leader, PwC.
"Asia's real estate markets are the product of almost eight years of easy money from the world's central banks. Although easing in the US may be ending, both Japan and the European Union continue to provide liquidity, while interest rates in many Asian countries are lower than one year ago," said ULI North Asia Chairman Raymond Chow, Executive Director, Hongkong Land in Hong Kong. "This, combined with an allocation of capital from both local and global institutional investors, is resulting in more and more money chasing fewer and fewer real estate assets. This is pushing up prices across most markets and sectors, even as the current industry cycle appears to be winding down. We can expect this to continue throughout 2016, with the most attention being paid to markets perceived as offering certainty in terms of low risk and satisfactory returns."
"As the bull market in Asian real estate enters its seventh year, the positive atmosphere is encouraging investors to sell assets purchased years ago in the wake of the global financial crisis. Our report finds that investors are increasingly opting to take profits and exit from deals made in recent years. Opportunistic returns lie in Japan, where cheap debt and high leverage provide outsized profits, and in China, where developers are in need of capital and liquidity is in short supply. Meanwhile, investors with an eye on a possible peak in the cycle are attracted to the safety of core assets in gateway cities," said KK So, Asia Pacific Real Estate Tax Leader, PwC.
"In terms of capital flows, investors continue to see increases in capital movements from Asia to real estate markets elsewhere in the world. The main contributor to this trend is China, where institutional, corporate, and private capital is buying mainly in Australia, Japan and the US."
Emerging Trends provides an outlook on Asia Pacific real estate investment and development trends, real estate finance and capital markets, and trends by property sector and metropolitan area. It is based on the opinions of 343 real estate professionals, including investors, developers, property company representatives, lenders, brokers and consultants.
The top five investment markets for 2016 are:
Emerging Trends provides an outlook on Asia Pacific real estate investment and development trends, real estate finance and capital markets, and trends by property sector and metropolitan area. It is based on the opinions of 343 real estate professionals, including investors, developers, property company representatives, lenders, brokers and consultants.
The top five investment markets for 2016 are:
Tokyo, ranked first for investment and development, ticks all the boxes for investors given its status as Asia's top gateway city, and the market with the greatest depth and liquidity. Despite the continuous heavy activity fuelled by easy credit and low interest rates, some are wary that the market is slowing. While the short-term outlook is favourable, a slowdown, accompanied by price stagnation or declines, could prove problematic for those needing to refinance high loan-to-value loans in the future, the report cautions.
Sydney, ranked second for both investment and development, is a draw for institutional investors seeking core office properties. The shortage of those assets and an influx of new investors competing for the properties, coupled with a depreciated local currency, is resulting in strong property yields. Real estate in Sydney is also benefiting from the transformation of Australia's economy from a commodities-driven to a service sector-driven model. A significant number of office-to-residential conversions and redevelopment projects have drawn investor interest.
Melbourne, third for investment and development, is perceived as offering a similar environment to Sydney. However, even with double-digit price increases in 2015, properties in the city remain more affordable than those in Sydney, mainly because more land is available for an expansion of the central business district (CBD).
Osaka, fourth for investment but fifth for development continues to benefit Tokyo's spillover demand. The market's growth "marks the end of a long period of oversupply that plagued the city for years," notes the report.
Ho Chi Minh City - fifth for investment and fourth for development - was in 19th place in 2014. The report attributes its surge in popularity to successful efforts by the government to stabilise the local currency and keep inflation in check, coupled with a revival of real estate lending by banks. In addition, improved market access for foreigners is drawing outside investors, who could significantly boost purchases of both residential and commercial properties.
Across the Asia-Pacific region, the industrial/logistics sector continues to be the most popular property type for investment prospects. "Shortages of modern distribution facilities across almost all markets ensures that demand will continue to grow, especially in China," says the report. It notes that demand is being driven by the need for rapid delivery resulting from the e-commerce boom, buildout in the cold-food chain, and structural changes in regional manufacturing as operations move to emerging markets such as Vietnam.
Across the Asia-Pacific region, the industrial/logistics sector continues to be the most popular property type for investment prospects. "Shortages of modern distribution facilities across almost all markets ensures that demand will continue to grow, especially in China," says the report. It notes that demand is being driven by the need for rapid delivery resulting from the e-commerce boom, buildout in the cold-food chain, and structural changes in regional manufacturing as operations move to emerging markets such as Vietnam.
6 November 2015
Singapore's 10 best places to work for unveiled
With the new report, Singapore Insights 2015, Great Place to Work Institute Singapore has also released its inaugural 10 Best Companies to Work For in Singapore List. Cloud computing company Salesforce debuts in first position. Many in the list are (again) technology related: the top five include Cisco, InterContinental Hotels Group, local development consultancy ROHEI and SAP Asia.
“Relationships are generally valued at Singapore-based companies,” says Joni Ong, Managing Director at Great Place to Work Singapore. “We have observed that Best Companies have strong cultural intent, and have designed people practices to create desired culture. These practices are implemented with authentic human touch by leaders and managers, which translate into positive day-to-day workplace experiences for the employees. This distinguishes the Best from the Rest.”
Great Place to Work has been studying great workplace cultures worldwide and producing best workplace lists for more than three decades, and continues to find that trust, pride and camaraderie are universal foundations to a great workplace. The methodology to identify Singapore’s Best Companies to Work For and the Fortune 100 Best Companies to Work For are the same.
Two thirds of a company’s score is based on the results of the Trust Index Employee Survey, which is sent to a random sample of employees from each company (95% confidence level). The other third is based on the responses to the Culture Audit, which includes detailed questions about pay and benefit programmes, and a series of open-ended questions about hiring practices, methods of internal communication, training, recognition programs and diversity efforts.
The list recognises great workplaces in Singapore have strong corporate culture characterised by high levels of trust camaraderie and pride. Employees at the 10 top companies to work for in Singapore also value competent management and well-formulated workplace policies and practices.
The Singapore Insights 2015 report provides details about the findings, explains how great cultures are a competitive advantage, and offers insights into how companies can influence employees’ willingness to stay for the long haul and their perception of whether their company is a great workplace.
The report also includes the full list of the 2015 Singapore’s Best. The Best Workplaces represent operations in six different sectors ranging from information technology and hospitality, manufacturing & production and professional services.
The ten in the list, from No. 1 onwards, are:
SalesForce
“Salesforce is a highly deserving first place winner of the inaugural Singapore Best Companies to Work For! Across every aspect that makes for a great workplace culture, Salesforce employees experience it - on the ground, true to heart and spirit, and with the human touch encompassing the company – inside and out," said Ong.
“At Salesforce our core values are about customer success, innovation, giving back and having fun. This award is a testament to the work we do in Singapore every day to live and breath those values. We are proud to be the No. 1 great place to work in Singapore and we look forward to driving continued success in the local market for our employees and for our customers,” said Simon Tate, Area Vice President, Asia, Salesforce.
Cisco
Connecting the world for the better through its technology, Cisco has also built a workplace culture over the years that values people and builds relationships. Transforming one employee experience at a time - that is the crux of Cisco's People Deal," said Ong.
“Our biggest asset is our people and at Cisco, we have created an inclusive, collaborative, innovative culture that makes us a Great Place to Work. We believe that work is what you do, not where you ‘go’ and critical to this transformation into a future workplace is the technology that integrates work, life, play, school and everything in-between. Cisco continues to be listed as a great workplace in Singapore and the region, which we have achieved by having an amazing group of colleagues; leaders that respect our contributions and camaraderie that makes it fun to work.” said Ang Thiam Guan, Managing Director for Cisco in Singapore and Brunei.
Intercontinental Hotels Group (IHG)
“IHG is impressive in its commitment to its employees! With a promise to them that they have a Room to be Yourself, each employee has a great start upon joining, is involved in giving ideas and providing feedback, is developed for success and cared for to care for their loved ones," commented Ong.
Jan Smits, CEO, Asia, Middle East and Africa (AMEA), IHG said that the award is testament to the company as a great workplace for colleagues and demonstrates the trust they have in IHG as an employer.“Hospitality is a service industry where our people are absolutely critical to our success. Each of our hotel brands represents our promise to our guests and it is our people who deliver on that promise and bring our brands to life," he said.
“Singapore is the regional headquarters for our business in the Asia, Middle East and Africa region. As the largest international hotel operator in the country, we place a huge focus on grooming local talent and engaging our employees, and take great effort in ensuring our hotels and office are conducive environments they can grow and thrive in."
ROHEI
“Relatively young and small (and local), ROHEI stands tall in the company of giant conglomerates. Truly deserving of being ranked No. 4, ROHEI's management put heart and soul into engaging and developing the whole person in all employees. Imagine receiving a boquet of flowers on a random day, or a dozen of freshly baked cookies just because it is your 12th week at work," shared Ong.
“We are grateful to Great Place to Work Institute for believing that every company can be a great workplace. At ROHEI, we are blessed to be affirmed that we have a team that works hard to ensure that we each flourish in our lanes, enjoy one another and complete the day energised and fulfilled! We will continue to be intentional about building a culture that enables us to inspire hope, joy, courage and purpose in the global workforce,” ran a statement from the company.
SAP
“Great Place to Work Institute salutes the lofty mission of SAP to 'help the world run better and improve people's lives' and recognises that it is able to do this with great talent! Believing that each employee is a talent, SAP pulls out all stops to create and cultivate a holistic learning culture. From the time a new hire joins, the learning journey begins in earnest, developing and nurturing each employee's unique skills and strengths," noted Ong.
“At SAP, we are committed to helping our employees learn, grow and develop. We heavily invest in measures to attract, hire and retain the best and brightest talents in the industry who will help drive our vision to make the world run simple and improve people’s lives. The award is a positive endorsement of our efforts and we will continue to make SAP a great place to work at,” said Darren Rushworth, Managing Director, Singapore, SAP Asia.
Autodesk
“Purpose and meaning – two powerful motivators to inspire people in a job. Autodesk employees will tell you it is not just about the job; it is about working for a cause. With its vision Helping People Imagine, Design and Create a Better World, Autodeskers are convicted and passionate about what they can achieve together. The pride and commitment toward the organisation's goals and contributions to society are strongly felt and expressed by every Autodesker," said Ong.
"Autodeskers value respect, teamwork and trust, and this award is strong recognition of our efforts to create a positive environment for our 700+ employees in Singapore who are helping realise a new future of making things,” stated the company.
AbbVie, a biopharmaceutical company
"'A journey of a thousand miles begins with a single step'; at Abbvie, this means going beyond patient-centricity to joining their patient’s journey – seeing, feeling and living the life of their patients! Every Abbvie employee, across roles and ranks, are imbued with a purpose to deliver remarkable impact to improve patients’ lives.
“This is a great win for AbbVie and our employees. It recognises how we’ve established a culture of engagement, from the ground up, across functions. From R&D, manufacturing to commercial, we are committed and driven to make a remarkable impact on the lives of patients. It is especially meaningful as we’re just going to complete our third year as an independent biopharmaceutical company. We hope this inspires our people and attracts more great talent to join us!” stated the company.
NetApp
“NetApp employees and customers alike say 'it just feels different' working with NetApp – great 'different', awesome 'different! Aside from the emphasis on innovation and great customer experiences, what distinguishes NetApp is the value of deep listening, which is so tightly woven into its DNA," noted Ong.
“We believe our people are the company’s greatest asset. They are our competitive advantage and through them we have cultivated a working environment that is dynamic and innovative. The culture at NetApp is something that we are incredibly proud of and we remain committed to fostering a vibrant working environment that offers a supportive atmosphere which keeps our employees happy and engaged,” said Krishna Arani, Vice President and Managing Director, NetApp East Asia.
EMC
“EMC believes that employees are the heart and soul of its business. A comprehensive talent acquisition strategic approach ensures that every single employee fits right into the EMC culture and is equipped for success right from the start. Living by its 10 core values, EMC engages its employees creatively through multiple platforms to help them connect their diverse talents and skills to the organisation’s success. Empowering employees to drive their own career progression, it is little wonder that EMC is dubbed the 'hub of top talent' and a great place to work!" said Ong.
“This achievement is testament to EMC’s winning mindset and a collaborative team spirit. As our customers advocate, EMC employees address their most demanding challenges with innovation, speed and passion. This recognition is for all Singapore employees who are empowered to define the EMC culture and to create a great workplace,” stated EMC Singapore.
Diageo
“The moment a talent joins Diageo, they embark on an awesome journey! Employees are given the freedom to succeed, enabled to be the best they can be, and their entrepreneurial spirits actively fostered," said Ong.
“At Diageo we are committed to creating a nurturing environment for our employees, valuing each other’s diversity and contribution, empowering each other with the freedom to succeed, and growing the communities in which we operate," said Sam Fischer, President Greater China & Asia, Diageo.
Royal Plaza on Scotts (RP), Singapore’s first 100% smoke-free business hotel, and Singapore property pioneer City Developments (CDL) received Watch Out World Special Mention Awards (W.O.W awards).
"There are no employees at Royal Plaza, only talents. Beyond a brand that provides exceptional facilities and excellent customer service, each talent lives out the crux of Royal Plaza's characteristic - caring for each other. A unique expression of this caring is in the giving of an annual education subsidy for every child of their talents, through to secondary school. What defines the pride and strong affinity to the company brand are the day-to-day exchanges of warm smiles, genuine gestures and openness to each other. It is no wonder that RP talents truly believe their workplace makes you 'feel right at home and treats you like family'!” said Ong.
“The W.O.W award 2015 by Great Place to Work Institute is a recognition that is given to us by our talents, which validates our current practices. Through these best practices, we build a positive work culture which spurs our talents to be their best when they are at the workplace. This is directly linked with the positive emotional connections that our talents create with our guests," stated RP.
“Great Place to Work Institute believes that the key to creating a great workplace goes beyond just providing employee benefits and programmes. The establishment of relationships at the workplace plays a major role, based on trust, pride and camaraderie. These key drivers are very close to our hearts as they resonate with our Employee Value Proposition that is anchored on trust & respect, passion, celebration of successes, making a difference and fun at the workplace,” said Patrick Fiat, General Manager & Chief Experience Officer of Royal Plaza on Scotts.
“CDL has a warm ‘family’ culture which their employees treasure and are very proud of. Bonds built over the years of working together are strong and resilient, inspiring newer hires to emulate the familial/team spirit already entrenched. Practices within CDL reflect the caring and support among staff, who in turn participate readily in giving back to the community at large,” said Ong.
"A great workplace creates a great workforce. CDL believes in building a workplace that is conducive for our employees’ development and well-being. This not only increases productivity, employee engagement and satisfaction, but also enhances organisational and business excellence," added Grant Kelley, Chief Executive Officer, City Developments.
"We are honoured to be recognised as a Watch Out World workplace, which further strengthens our reputation as an employer of choice to attract and retain talent. As a homegrown Singapore company, over the past 50 years, we’ve built a very family-oriented work culture, and our employees’ dedication have helped establish our position as a market leader. CDL will continue to shape a greater workplace and build on the bonds with our employees."
Interested?
Read the report and view the list of Singapore’s Best Places to Work For
Read TechTrade Asia's blog post about last year's Great Places to Work For
Read WorkSmart Asia's blog post about LinkedIn's 100 Most InDemand Employers for EMEA in 2015
*All pictures from Great Place to Work Institute Singapore
SalesForce
“Salesforce is a highly deserving first place winner of the inaugural Singapore Best Companies to Work For! Across every aspect that makes for a great workplace culture, Salesforce employees experience it - on the ground, true to heart and spirit, and with the human touch encompassing the company – inside and out," said Ong.
“At Salesforce our core values are about customer success, innovation, giving back and having fun. This award is a testament to the work we do in Singapore every day to live and breath those values. We are proud to be the No. 1 great place to work in Singapore and we look forward to driving continued success in the local market for our employees and for our customers,” said Simon Tate, Area Vice President, Asia, Salesforce.
Cisco
Connecting the world for the better through its technology, Cisco has also built a workplace culture over the years that values people and builds relationships. Transforming one employee experience at a time - that is the crux of Cisco's People Deal," said Ong.
“Our biggest asset is our people and at Cisco, we have created an inclusive, collaborative, innovative culture that makes us a Great Place to Work. We believe that work is what you do, not where you ‘go’ and critical to this transformation into a future workplace is the technology that integrates work, life, play, school and everything in-between. Cisco continues to be listed as a great workplace in Singapore and the region, which we have achieved by having an amazing group of colleagues; leaders that respect our contributions and camaraderie that makes it fun to work.” said Ang Thiam Guan, Managing Director for Cisco in Singapore and Brunei.
Intercontinental Hotels Group (IHG)
“IHG is impressive in its commitment to its employees! With a promise to them that they have a Room to be Yourself, each employee has a great start upon joining, is involved in giving ideas and providing feedback, is developed for success and cared for to care for their loved ones," commented Ong.
Jan Smits, CEO, Asia, Middle East and Africa (AMEA), IHG said that the award is testament to the company as a great workplace for colleagues and demonstrates the trust they have in IHG as an employer.“Hospitality is a service industry where our people are absolutely critical to our success. Each of our hotel brands represents our promise to our guests and it is our people who deliver on that promise and bring our brands to life," he said.
“Singapore is the regional headquarters for our business in the Asia, Middle East and Africa region. As the largest international hotel operator in the country, we place a huge focus on grooming local talent and engaging our employees, and take great effort in ensuring our hotels and office are conducive environments they can grow and thrive in."
ROHEI
“Relatively young and small (and local), ROHEI stands tall in the company of giant conglomerates. Truly deserving of being ranked No. 4, ROHEI's management put heart and soul into engaging and developing the whole person in all employees. Imagine receiving a boquet of flowers on a random day, or a dozen of freshly baked cookies just because it is your 12th week at work," shared Ong.
“We are grateful to Great Place to Work Institute for believing that every company can be a great workplace. At ROHEI, we are blessed to be affirmed that we have a team that works hard to ensure that we each flourish in our lanes, enjoy one another and complete the day energised and fulfilled! We will continue to be intentional about building a culture that enables us to inspire hope, joy, courage and purpose in the global workforce,” ran a statement from the company.
SAP
“Great Place to Work Institute salutes the lofty mission of SAP to 'help the world run better and improve people's lives' and recognises that it is able to do this with great talent! Believing that each employee is a talent, SAP pulls out all stops to create and cultivate a holistic learning culture. From the time a new hire joins, the learning journey begins in earnest, developing and nurturing each employee's unique skills and strengths," noted Ong.
“At SAP, we are committed to helping our employees learn, grow and develop. We heavily invest in measures to attract, hire and retain the best and brightest talents in the industry who will help drive our vision to make the world run simple and improve people’s lives. The award is a positive endorsement of our efforts and we will continue to make SAP a great place to work at,” said Darren Rushworth, Managing Director, Singapore, SAP Asia.
Autodesk
“Purpose and meaning – two powerful motivators to inspire people in a job. Autodesk employees will tell you it is not just about the job; it is about working for a cause. With its vision Helping People Imagine, Design and Create a Better World, Autodeskers are convicted and passionate about what they can achieve together. The pride and commitment toward the organisation's goals and contributions to society are strongly felt and expressed by every Autodesker," said Ong.
"Autodeskers value respect, teamwork and trust, and this award is strong recognition of our efforts to create a positive environment for our 700+ employees in Singapore who are helping realise a new future of making things,” stated the company.
AbbVie, a biopharmaceutical company
"'A journey of a thousand miles begins with a single step'; at Abbvie, this means going beyond patient-centricity to joining their patient’s journey – seeing, feeling and living the life of their patients! Every Abbvie employee, across roles and ranks, are imbued with a purpose to deliver remarkable impact to improve patients’ lives.
“This is a great win for AbbVie and our employees. It recognises how we’ve established a culture of engagement, from the ground up, across functions. From R&D, manufacturing to commercial, we are committed and driven to make a remarkable impact on the lives of patients. It is especially meaningful as we’re just going to complete our third year as an independent biopharmaceutical company. We hope this inspires our people and attracts more great talent to join us!” stated the company.
NetApp
“NetApp employees and customers alike say 'it just feels different' working with NetApp – great 'different', awesome 'different! Aside from the emphasis on innovation and great customer experiences, what distinguishes NetApp is the value of deep listening, which is so tightly woven into its DNA," noted Ong.
“We believe our people are the company’s greatest asset. They are our competitive advantage and through them we have cultivated a working environment that is dynamic and innovative. The culture at NetApp is something that we are incredibly proud of and we remain committed to fostering a vibrant working environment that offers a supportive atmosphere which keeps our employees happy and engaged,” said Krishna Arani, Vice President and Managing Director, NetApp East Asia.
EMC
“EMC believes that employees are the heart and soul of its business. A comprehensive talent acquisition strategic approach ensures that every single employee fits right into the EMC culture and is equipped for success right from the start. Living by its 10 core values, EMC engages its employees creatively through multiple platforms to help them connect their diverse talents and skills to the organisation’s success. Empowering employees to drive their own career progression, it is little wonder that EMC is dubbed the 'hub of top talent' and a great place to work!" said Ong.
“This achievement is testament to EMC’s winning mindset and a collaborative team spirit. As our customers advocate, EMC employees address their most demanding challenges with innovation, speed and passion. This recognition is for all Singapore employees who are empowered to define the EMC culture and to create a great workplace,” stated EMC Singapore.
Diageo
“The moment a talent joins Diageo, they embark on an awesome journey! Employees are given the freedom to succeed, enabled to be the best they can be, and their entrepreneurial spirits actively fostered," said Ong.
“At Diageo we are committed to creating a nurturing environment for our employees, valuing each other’s diversity and contribution, empowering each other with the freedom to succeed, and growing the communities in which we operate," said Sam Fischer, President Greater China & Asia, Diageo.
Royal Plaza on Scotts (RP), Singapore’s first 100% smoke-free business hotel, and Singapore property pioneer City Developments (CDL) received Watch Out World Special Mention Awards (W.O.W awards).
"There are no employees at Royal Plaza, only talents. Beyond a brand that provides exceptional facilities and excellent customer service, each talent lives out the crux of Royal Plaza's characteristic - caring for each other. A unique expression of this caring is in the giving of an annual education subsidy for every child of their talents, through to secondary school. What defines the pride and strong affinity to the company brand are the day-to-day exchanges of warm smiles, genuine gestures and openness to each other. It is no wonder that RP talents truly believe their workplace makes you 'feel right at home and treats you like family'!” said Ong.
“The W.O.W award 2015 by Great Place to Work Institute is a recognition that is given to us by our talents, which validates our current practices. Through these best practices, we build a positive work culture which spurs our talents to be their best when they are at the workplace. This is directly linked with the positive emotional connections that our talents create with our guests," stated RP.
“Great Place to Work Institute believes that the key to creating a great workplace goes beyond just providing employee benefits and programmes. The establishment of relationships at the workplace plays a major role, based on trust, pride and camaraderie. These key drivers are very close to our hearts as they resonate with our Employee Value Proposition that is anchored on trust & respect, passion, celebration of successes, making a difference and fun at the workplace,” said Patrick Fiat, General Manager & Chief Experience Officer of Royal Plaza on Scotts.
“CDL has a warm ‘family’ culture which their employees treasure and are very proud of. Bonds built over the years of working together are strong and resilient, inspiring newer hires to emulate the familial/team spirit already entrenched. Practices within CDL reflect the caring and support among staff, who in turn participate readily in giving back to the community at large,” said Ong.
"A great workplace creates a great workforce. CDL believes in building a workplace that is conducive for our employees’ development and well-being. This not only increases productivity, employee engagement and satisfaction, but also enhances organisational and business excellence," added Grant Kelley, Chief Executive Officer, City Developments.
"We are honoured to be recognised as a Watch Out World workplace, which further strengthens our reputation as an employer of choice to attract and retain talent. As a homegrown Singapore company, over the past 50 years, we’ve built a very family-oriented work culture, and our employees’ dedication have helped establish our position as a market leader. CDL will continue to shape a greater workplace and build on the bonds with our employees."
Interested?
Read the report and view the list of Singapore’s Best Places to Work For
Read TechTrade Asia's blog post about last year's Great Places to Work For
Read WorkSmart Asia's blog post about LinkedIn's 100 Most InDemand Employers for EMEA in 2015
*All pictures from Great Place to Work Institute Singapore
31 August 2015
Singapore Institute of Directors to focus on innovation in 6th Directors' Conference
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| Source: SID brochure. |
Organised by SID, the conference will be officially opened by guest-of-honour, S Iswaran, Minister in Prime Minister’s Office; Second Minister for Home Affairs, and Second Minister for Trade and Industry.
Emeritus Professor Jean-Philippe Deschamps, International Institute for Management Development (IMD) Business School, from Lausanne, Switzerland, will deliver a keynote on innovation governance, focusing on how businesses have to restructure and mobilise in order to stay relevant and foster a culture of total innovation internally. Fredrik Haren, founder of interesting.org, will share how Singapore companies can be more innovative and creative, while Vinnie Lauria, Managing Partner of venture firm Golden Gate Ventures, will explain how companies can get on the innovation bandwagon.
“The crucial role of innovation as an engine of growth is recognised by most businesses. Yet, the subject of innovation is seldom on board agendas. At this conference of directors, we hope to help boards understand that innovation is part of their governance mission and how they can foster the adoption of innovation at all levels in their companies,” said Willie Cheng, SID Chairman.
Several chairmen of boards will share how their boards and companies govern and manage innovation in a panel moderated by Scott Anthony, Managing Partner of Innosight:
Ten innovators will also share their thoughts in a round-up session moderated by Dwight Hutchins, Asia Pacific Managing Director, Strategy Consulting of Accenture:
A major highlight of the conference is an Innovation Gallery where over 30 companies, startups and projects will be showcasing their innovative concepts, products and services, business models, and technologies. Some of the innovations on show include drones, smart cars, board portals, robots, 3D printers, Internet of Things solutions, cybersecurity technologies, and modular cities.
Emeritus Professor Jean-Philippe Deschamps, International Institute for Management Development (IMD) Business School, from Lausanne, Switzerland, will deliver a keynote on innovation governance, focusing on how businesses have to restructure and mobilise in order to stay relevant and foster a culture of total innovation internally. Fredrik Haren, founder of interesting.org, will share how Singapore companies can be more innovative and creative, while Vinnie Lauria, Managing Partner of venture firm Golden Gate Ventures, will explain how companies can get on the innovation bandwagon.
“The crucial role of innovation as an engine of growth is recognised by most businesses. Yet, the subject of innovation is seldom on board agendas. At this conference of directors, we hope to help boards understand that innovation is part of their governance mission and how they can foster the adoption of innovation at all levels in their companies,” said Willie Cheng, SID Chairman.
Several chairmen of boards will share how their boards and companies govern and manage innovation in a panel moderated by Scott Anthony, Managing Partner of Innosight:
- Ang Kong Hua, Chairman, Sembcorp Industries, an umbrella group that covers utilities, marine investments and urban development
- Simon Israel, Non-executive and Non-independent Director, Singtel
- Koh Soo Boon, founder and Managing Partner, iGlobe Partners, a global venture firm
- Lim Ho Seng, Chairman, Baker Technology, a manufacturer and provider of specialised equipment and services for the oil and gas industry
Ten innovators will also share their thoughts in a round-up session moderated by Dwight Hutchins, Asia Pacific Managing Director, Strategy Consulting of Accenture:
- Steve Leonard, Executive Deputy Chairman, Infocomm Development Authority of Singapore (IDA)
- Peter Overy, MD, IDEO Singapore; IDEO is a global design firm
- Dave Lim, TEDx Ambassador and co-founder, Innovation X by Coca-Cola
- Esther An, Chief Sustainability Officer of property pioneer City Developments
- Liak Teng Lit, Group CEO, Alexandra Health System, the healthcare cluster serving north Singapore
- Douglas Foo, founder and Chairman, Sakae Holdings, an umbrella company for a number of quality dining brands
- Rehito "Ray" Hatoyama, MD, Sanrio Company
- Nobu Okada, CEO, Astroscale, a company that addresses the growing threat of space debris
- Lee Poh Wah, CEO of the philantropic house Lien Foundation
- Andreas Heinecke, founder and CEO, Dialogue Social Enterprise, a global social enterprise focusing on social inclusion of the disabled, disadvantaged and elderly
A major highlight of the conference is an Innovation Gallery where over 30 companies, startups and projects will be showcasing their innovative concepts, products and services, business models, and technologies. Some of the innovations on show include drones, smart cars, board portals, robots, 3D printers, Internet of Things solutions, cybersecurity technologies, and modular cities.
“Singapore ranks eighth globally in Bloomberg’s index of innovative countries – proof enough that there is immense potential amidst the business community here – it just needs to be tapped further and nurtured at the boardroom level,” said Robert Chew, SID Council Member and Chairman of the SID Directors’ Conference 2015 Committee.
“It is time to evaluate and rethink the way we do business. We are hopeful that this conference provides a much-needed platform to discuss and debate the concept of innovation and how it can be applied in more practical ways across industries here.”
Formed in 1998, SID is the national association of company directors in Singapore. It works closely with the authorities and regulators, and its network of members and professionals to uphold and enhance the highest standards of corporate governance and ethical conduct. The SID’s membership comprises mainly directors of commercial companies and non-profit organisations, as well as lawyers, accountants, academics and other professionals in the field of corporate governance.
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9 January 2015
White paper on managing talent in the China hospitality industry offers solutions
The Florida International University’s Chaplin School of Hospitality & Tourism Management (CSHTM) and its Institute for Hospitality & Tourism Education & Research (IHTER) have released a white paper on talent in the Chinese hospitality industry which may be of interest to HR managers handling Chinese resources as well as to those in the hospitality industry.
Click here to download the white paper in English and Mandarin.
Managing Growing Pains of China’s Relentless Hotel Development Pipeline provides the hospitality industry with ideas on what can be done to address the severe shortage of qualified and skilled talent in China for hotels entering the market, including professional coaching, conflict resolution and career ladder strategies at the workplace.
Authored by Simone Champagnie, executive director at IHTER; Danqing Liu, Associate professor at CSHTM’s Marriott Tianjin China Program; and Christine Toguchi, MD at MacroVision Network and the Project consultant for IHTER, the paper explores the insight, ideas and pertinent questions arising from the intellectual exchange that took place at the Visionary Leaders Forum in Shanghai last June.
Authored by Simone Champagnie, executive director at IHTER; Danqing Liu, Associate professor at CSHTM’s Marriott Tianjin China Program; and Christine Toguchi, MD at MacroVision Network and the Project consultant for IHTER, the paper explores the insight, ideas and pertinent questions arising from the intellectual exchange that took place at the Visionary Leaders Forum in Shanghai last June.
Click here to download the white paper in English and Mandarin.
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