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I am a Practitioner of 'The 7e Way of Leaders' where a Leader will Envision, Enable (ASK for TOP D), Empower, Execute, Energize, and Evolve grounded on ETHICS!

Monday, October 22, 2018

Daily Lessons from Life 21-22 October 2018 - "Reformer" Saudi Prince?

A few quick ones b4 the Saudi thingy: 1. NS Defaulter got his jail term extended after appeal! Well, too bad it went this way; 2. Tawan Yilan train derailed killing 18 n injuring hundred! Rare major fatal accident in Taiwan n RIP to the dead n condolences to the family n all concerned.

"Saudi scrambles to host conference after Khashoggi fallout


RIYADH: Saudi Arabia scrambled Monday (Oct 22) to prepare for an investment summit after a string of cancellations from global business titans, with Turkey's threat to reveal the "naked truth" over critic Jamal Khashoggi's murder casting a fresh shadow.

Starting on Tuesday, the three-day Future Investment Initiative (FII) was meant to project the historically insular petro-state as a lucrative business destination as it seeks to diversify and set the stage for new ventures and multi-billion dollar contracts.

But the summit, nicknamed "Davos in the desert", has been overshadowed by growing global outrage over the murder of Khashoggi inside the kingdom's consulate in Istanbul.

The chief executive of German industrial conglomerate Siemens Joe Kaeser was the latest among dozens of global executives to withdraw from the summit, hosted by the kingdom's sovereign wealth fund.

"It's the cleanest decision but not the most courageous one," Kaeser wrote in a post on social network LinkedIn of his choice not to attend FII.

"For now, the truth must be found and justice must be served.""

I really like what was left unsaid by Siemens' CEO!! what he would considered as "courageous"? Could it be to condam such killing n stop doing biz with Saudi!!

Hmm... Let me think...

Sunday, October 21, 2018

Daily Lessons from Life 20 October 2018 - F35 for real?

"F-35: How the fifth-generation fighter jet might take RSAF to the next level

In the first of a three-part series on the F-35 Lightning II Joint Strike Fighter, Channel NewsAsia’s Aqil Haziq Mahmud visited Lockheed Martin’s production facility for an in-depth look at the fighter jet and how it could be a battlefield game changer.

To find out why Singapore might be willing to spend more than S$160 million on each short take-off/vertical landing variant of the jet, Channel NewsAsia visited manufacturer Lockheed Martin’s sprawling facility in Fort Worth, Texas."

Indeed, why would we want to pay S$160m for 1 of these planes?

It may hv all the bestest n newest technologies, it is still a lot of money not counting the maintenance costs over it's lifespan.

Minister Dr Ng Eng Hen said the gov will decide soon in if we will buy this "game changer", don't they always claim this whenever they rolled out "new" product?

Hopefully we will learn more abt the rationales abt why we truly need this wonder killing machine! We will probably buy more than 1, yes?

The reasons i can anticipate are:

1. it has deterrent effect! We adopted the Israelis mentality; that we r always in danger of being conquered n must hv a strong deterrent force;

2. the cost of owning 10 F35 is only S$1.6B n with recurring maintenance cost of S$160m (assuming 10% of purchase price), it is PEANUT compare the hundred of billions in GDP these planes can "deter" any imaginary enemies from messing with us!!;

3. to b a "friend" of the nighty USA, we need to give them a reason to keep us as friend!! Remembered tje signing of some commercial airplanes when PM Lee became the 2nd PM of Sgp, after his dad late MM/SM/PM Lee, to be given a State Banquet a few years back?

4. other reasons that the gov can share with some citizens who may still don't get why Sgp needs these latest n bestest war planes. This is especially so with the persistent HDB "depreciating or appreciating" asset or "why health care costs r so high", etc. on the minds of citizens.

F35 flies. Neca

Friday, October 19, 2018

Daily Lessons from Life 18-19 October 2018 - Over thinking hawkers?

AHTC case continuing...Wonder if the people had concluded that the sccused are all guilty as charged justing reading the SPH news publication's headine only!!

"NEA working with hawkers and operators to 'iron out' cost and contract issues: Amy Khor

The agency will not hesitate to take operators of hawker centres to task if they are found to be errant, Dr Khor added.

SINGAPORE: The National Environment Agency (NEA) is working closely with hawker centre operators and their tenants to address issues concerning cost and contractual terms, said Senior Minister of State for Environment and Water Resources Amy Khor on Friday (Oct 19).

"I have asked NEA to quickly iron out the problems and to do a stock-take of the social enterprise model," Dr Khor said in a Facebook post."

When u hv for-profit companies starting their social enterprises which r direct competition to their core biz, one cannot help but to be skeptical of their true intention!

There were noises fr the hawkers abt some of the hypocrisy of the social hawkers centres mgt companies. Hopefully the truth n root causes of why it didn't seem to work can be discovered n dealt with quickly.

Hawkers foods r PM Lee's next world heritage project. We can't hv hawkers who can make ends meet to b considered for that project!!