Mr robertteh.. seems like you have something against philip yeo
eh? 
anyway, this is my two-cents worth of comments on your earlier
post.
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Originally posted by robertteh:
Within the cabinet, we need to find another visionary technological
planner of the calibre of Dr. Goh Keng Swee to push the technogical
development. A key minister has to keep pushing our technology
economic planning to allow us to stay in the race.
In the past, we have employed too many legal and adminstrative
ministers. These leaders are not well-versed in technological
thinking and strategies. Mr. Sim Wong Hoo and the
likes should be roped in as consultants to fill up the
gap. Generalists are not up to the tasks.
visionary leaders are rare finds. And in a small country like
singapore we are already blessed to have 1 LKY at the right place
at the right time. Just to illustrate your point... you talked
about Sim Wong Hoo being visionary. How so? He got it right with
the PC sound cards, but recently he has got it horribly wrong with
the decision to fight head on with Apple iPod in the MP3 player
market. As a result, Apple has > 50% of the market share while
Creative has a pathetic < 5%. Creative will be likely to post
its first annual lost since the past 5 years cos of this, in a time
when other tech coys are beating forecast.
If Mr. Yeo cannot succeed in maintaining the leads in IT, and
micro-chip planning the way Intel or Taiwan or Samsung is doing, he
is not achieving the right progress in Singapore in technological
economic planning.
IMO, this is a very harsh statement. No doubt we are not one of
the leading semicondutor contries in the world, but credit has
still to be given to some of the progress that edb has made in the
semicon industry. For eg, the joint initiative between Philips, EDB
and the semicon giant TSMC to form SSMC. They convinced big guns
like Infineon, STM to invest in new multi-million dollar plants
when these companies could have opted for lower cost destinations
like india or M'sia.
If you want to point fingers at the state of our semicon industry,
the fingers should be pointed at the cronies running Chartered
Semicon. How did they managed to get their technology so outdated?
Where are the "visionary leaders" there?
Don't talk and talk just do and do. Get every top student we have
to come back to serve in all technological economic start-ups from
micro-chips to IT and Biotech and if we cannot do this, then go and
set up more hawker stalls or wet markets.
I never believe that top students make good entrepreneurs. If
you bring it back to the context of this discussion, I never
believe that Scholars will make ground breaking achievements. We
dun have to look far for evidence. Just look at our defence science
industry. Every year, our best scholars are being roped into the
top few defence science organisation. Are we making ground breaking
discoveries in that area? We are WAY WAY behind our US
Counterparts. Most of the "so-called" achievements published in the
papers are just modification of technical papers published by the
Americans years back. 
As for the entrepreneurship culture, it takes time to see results
and fine-tune. Maybe a few generations before we can get it right.
There was an initiative to in MOE to let the students "Learn more,
by teaching less". The effort worth applauding, but for a moment,
it created confusion among the teachers. Why? cos the current gen
of teachers are brought up under the old school of thinking. To
teach student to think out of the box, the teachers has first got
to be taught to think out of the box.
Up til now, there is only 1 Bill Gates in the world. The rest are
still just wannabes. It's easy to pinpoint things that are not
going rite.. and so, this guy's head should be on the chopping
block. But the reality is, Do we have a better person or plan to
replace it? Changes takes time. Our current system is not
Under-achieving. If we keep axing ppl for not being able to
over-achieve , we may end up like an over zealous football club
that keep changing managers in the middle of the season, before the
team is allowed to settle.