Singapore Human Capital Summit 2013 Underscores Importance of People Strategies in Ensuring Business Success
STUDY UNVEILED AT SUMMIT HIGHLIGHTS IDENTIFYING AND GROOMING LEADERS AS HAVING THE MOST IMPACT IN DRIVING PERFORMANCE
- When it comes to human capital, companies get the highest returns from investments in leadership and talent development. The key areas that have direct impact on business performance include identifying and grooming leaders, developing employees, managing promotions, and employee communications, according to a recent study by The RBL Group and PricewaterhouseCoopers. These insights were revealed today at the Singapore Human Capital Summit (SHCS) 2013, Asia’s foremost leadership and human capital conference.
- Held from 11 to 12 September at Resorts World Sentosa in Singapore, SHCS 2013 is jointly organised by the Singapore Ministry of Manpower (MOM), the Singapore Workforce Development Agency (WDA), and the Human Capital Leadership Institute (HCLI).
- In the opening address, Singapore’s Acting Minister of Manpower Mr Tan Chuan-Jin discussed the importance of human capital in adapting to the global forces that change the business world.
- “We must start by strengthening our resilience and future-proofing our fundamentals – nurturing and developing our people to achieve their fullest potential, and tapping on their expertise to bring our organisations to greater heights. We need to understand here that people are our engines of growth and our adaptive tools.” he said.
- Minister Tan also dwelt on the need to develop talent, as well as identify and groom leaders – two critical factors that were identified as drivers of business performance in a study commissioned by MOM, “Talent: Asia’s Critical Resource and Potential Export”. The study found that top companies focused first on creating a business case for investment in leadership, and worked to explicitly build a reputation for strong leadership.
- Themeweaver for SHCS 2013 and Chief Executive Officer of the Human Capital Leadership Institute (HCLI), Mr Kwan Chee Wei, added, “Establishing the right strategies is often a challenge for many organisations in Asia. The Singapore Human Capital Summit aims to provide participating delegates with a platform where they can gain new insights and strategies and learn from best practices from others across the region, as we work towards building and enhancing the talent pool in Asia and increasing the region’s capabilities in human capital management and leadership development.”
- Singapore Human Capital Summit 2013 features 35 international speakers from industry, government and academia, with the keynote address, “Future-Proofing your Organisation: The Ultimate Advantage”, delivered by renowned author and business expert Professor Gary Hamel. Prof Hamel’s session highlighted five vital issues which determine the continued success of organisations – values, innovation, adaptability, passion and ideology.
- Other prominent leaders speaking at the summit include Dr. Benjamin Zander, renowned conductor of the Boston Philharmonic Orchestra; Ms. Avani Davda, Chief Executive Officer of Tata Starbucks Limited; Mr. Andrew Grant, Director, McKinsey & Company; and Mr. Hari Krishnan, Managing Director, Asia Pacific and Japan, LinkedIn.
- Topics covered at the two-day summit include Megatrends Shaping the World and Asia, Leadership Perspectives, Driving Business Growth through People Strategies and Asia-Centric Human Capital Strategies and more.
- In addition to conference tracks, delegates from across the region will have ample opportunities for networking and benefit from insights from the Summit Showcase, an experiential and interactive exhibition where human capital practices and thought leadership pieces from select companies and consultancies operating in Asia are brought to life.
- For more information on the Singapore Human Capital Summit 2013, please visit www.singaporehcsummit.com.
Human Capital Leadership Institute
- The Human Capital Leadership Institute was established in 2010 with the Singapore Ministry of Manpower, the Singapore Economic Development Board and the Singapore Management University as strategic partners. The Institute is a national centre of excellence, with the mission to help organisations accelerate human capital and leadership development in Asia, for a globalised Asia.
- It has the unique capability to bring together best-in-class thought leadership, faculty and insights on successfully doing business in Asia and the associated implications for leadership and human capital strategies. Through its efforts, the Institute aims to develop global leaders with a strong understanding of leading in Asia, as well as to build Asian leaders with the ability to lead on the global stage.
- The Institute achieves this by driving Pan-Asian research, creating cutting edge executive development programs and fostering rich networks between leaders in business, government, academia and consulting.
- For more information, please visit http://www.hcli.org.