Management Archive

  • Businesses acting as businesses, not as charitable donors, are the most powerful force for addressing the pressing issues we face.

    Michael Porter: Creating Shared Value

    Businesses acting as businesses, not as charitable donors, are the most powerful force for addressing the pressing issues we face.

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  • Inspired by Management Guru Peter Drucker, Ian Choo pens his thoughts on the impact of the emergence of the knowledge-based economy on traditional economics.

    Solving the Central Problem of Economics

    Inspired by Management Guru Peter Drucker, Ian Choo pens his thoughts on the impact of the emergence of the knowledge-based economy on traditional economics.

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  • Price-fixing is harmful to competitive markets, price guidelines in general are also harmful. This is because price guidelines may reduce the incentive for businesses to compete on prices. For new market entrants, if a majority of industry players are controlling the market prices, this will result in a very uneven level playing field for market competition

    Fighting Against Manipulative Business Practices

    Price-fixing is harmful to competitive markets, price guidelines in general are also harmful. This is because price guidelines may reduce the incentive for businesses to compete on prices. For new market entrants, if a majority of industry players are controlling the market prices, this will result in a very uneven level playing field for market competition

    Continue Reading...

  • Singapore’s re-invention won’t be easy – but it doesn’t matter. Singapore has made mistakes in its attempt to push its economy in new directions. Attempts to promote the Singapore exchange to Chinese firms looking for a foreign listing, led to lower standards and a series of scandals, as I discussed here: Why you must tread carefully in emerging markets. The better Chinese firms have listed in Hong Kong and New York and won’t be back. The budget’s focus on productivity reinforces one thing. Singapore has failed to produce a single world-beating large company. Its largest government-linked companies (GLCs) are often inefficient and lack innovation. Their existence squeezes smaller, more innovative private-sector rivals. That’s unlikely to change until the politics does, irrespective of how much money is thrown at the problem.

    A cheap play on Asian growth

    Singapore’s re-invention won’t be easy – but it doesn’t matter. Singapore has made mistakes in its attempt to push its economy in new directions. Attempts to promote the Singapore exchange to Chinese firms looking for a foreign listing, led to lower standards and a series of scandals, as I discussed here: Why you must tread carefully in emerging markets. The better Chinese firms have listed in Hong Kong and New York and won’t be back. The budget’s focus on productivity reinforces one thing. Singapore has failed to produce a single world-beating large company. Its largest government-linked companies (GLCs) are often inefficient and lack innovation. Their existence squeezes smaller, more innovative private-sector rivals. That’s unlikely to change until the politics does, irrespective of how much money is thrown at the problem.

    Continue Reading...

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