I can answer that easily. The ultimate goal is to get local wog
Singaporeans to be talented people in charge of their own regional
companies, so that they can set up shop abroad in the lesser
developed economies close to us; rather than leaving it to foreign
MNCs. Meaning that we in Asia/Singapore are trying to build up our
own firms, our own technology, our own human resources, our own
local talents rather than relying on others (i.e. the big players;
japan, eu, america etc and other foreign investors)
It is good to look at things with a bit of historical
perspective. Development in Asia is good, we all hear that, but it
is still backward by definition; in the past after world war 2. All
development in Asia was spear headed by western investors setting
up shop in asian countries, like Singapore. And they sent their own
people; their own directors to manage these firms. This has been
going on for ages; so much so I am greeted with surprise by you
Singaporeans when they find out i am not a head of any such MNC ha
ha, it goes to show that foreign-investor-rich-angmoh mindset is so
deeply engrained in you.
With globalization, any state can take advantage of
increased business; setting up firms; entrepreneurship; re-training
etc.
What this institute and many other govt-linked initiatives like
it are trying to do; is simply to get locals to take initiative to
set up good businesses, get them staffed by good locals upper and
lower manage (but with emphasis on upper); so that they don't need
foreign talents to come in; which drive up costs and i think it is
also a matter of PRIDE as well.
i mean; it was not that long ago that Temasek had some foreign
white expat as their CEO yes? I was like WTF? In Britain, you would
definitely have a BRIT in a CEO position, especially a government
linked one (regardless of race ofcourse), but definitely not some
foreigner who is not local.
Do you think
water know what water does?
Perhaps for all
the years of govt influence and conformance against
individuality and Freedom of expression... the
question we should ask our society and govt is:….Does the Modern
Culture Lack Moral Courage for the greater Goods.
Let me simplified
my premise.
Our Govt has been
competing for local resources for decades that ministry
itself are in denial of the impact it does to society greater
goods. It is crowding out Talent resources from the private sectors
and cannibalized entrepreneurship thru their outrages high pay
wages.
Examples
1....
Next few
weeks Singapore Govt ministries will host networking session in
states side to recruit Singaporean students back to Singapore to
work for them....
This is a
classics example of how Government crowd out Talent pool from
private sector in Singapore. Have you seemed any IE to bring
their SG organizations to overseas such as UK, Aus, n
US Nope...why the Govt Pick the candidate first? And
what organization in Spore can compete with that kind of Salary for
a Starter?
One might say... At time of
Recession it is good policies to take in university students
where it would be difficult for them to get a job in private
sectors. But at the same time they are scrapping the cream of the
crop from the private sectors.
