Showing posts with label Success. Show all posts
Showing posts with label Success. Show all posts

Friday, February 22, 2008

Singapore's national pride soars sky high


There was an irresistible urge for the pride of a nation that erupted into celebration when the city state of Singapore was announced on Thursday as winning the right to host the inaugural Youth Olympics in 2010. Singapore's Prime Minister Lee Hsien Loong called it a new era for Southeast Asian sport. Singapore beat the only other contender, Moscow, for the Games, which will have around 3,200 athletes, aged 14-18, competing in 26 sports.

It will be the first time that Singapore has hosted a multi-disciplinary sporting event of such a magnitude. “It is a great honour and privilege for all of us,” said Prime Minister Lee in front of thousands of cheering supporters wearing red and white, the colours of the national flag.

Singapore is a real-life working model of Olympic values in practice, said Minister for Community Development, Youth and Sports, Dr Vivian Balakrishnan who also launched the Junior Reach Ambassadors' programme. The Junior Reach Ambassadors' programme is a part of the restructured Feedback Unit to gather feedback from various groups of Singapore. “By choosing Singapore, the IOC (International Olympic Council) has declared that it is possible for small young cities like Singapore to host the Olympic movement,” he said.

Singapore with a population of 4.6 million has played its size-is-not-everything card to perfection. Now the hard work beyond the huge buzz has begun in earnest to make the event a success.

Singapore is the wealthiest nation in Asia ex-Japan, with a 2006 Gross Domestic Product of about $29,000 per capita, on par with G-7 member Italy.

Monday, October 01, 2007

The youngest CEO at 17.


Here's a rags to riches story where the American 17-year-old girl Ashley Quall is featured in a Fastcompany article. It is an interesting article of how a minor (legally) has really become big in business.

The power of Quall's website whateverlife.com hit home last year when Quall posted a music video of an unknown boy band on her website. This was at the behest of the creator of online video widget, similar to YouTube, who had been hired by Columbia Records to see what kind of buzz he could create with an inexpensive marketing campaign conducted purely on the web.

This is evidence of the meritocracy on the Internet that allows even companies run by neophyte entrepreneurs to compete, regardless of funding, location, size, or experience--and she's a reminder that ingenuity is ageless. She has taken in more than $1 million, thanks to a now-familiar Web-friendly business model. Her MySpace page layouts are available for the bargain price of...nothing. They're free for the taking. Her only significant source of revenue so far is advertising.

According to Google Analytics, Whateverlife attracts more than 7 million individuals and 60 million page views a month. That's a larger audience than the circulations of Seventeen, Teen Vogue, and CosmoGirl! magazines combined. Although Web-site rankings vary with the methodology, Quantcast, a popular source among advertisers, ranked Whateverlife.com a staggering No. 349 in mid-July out of more than 20 million sites. Among the sites in its rearview mirror: Britannica.com, AmericanIdol.com, FDA .gov, and CBS.com, even ahead of Oprah.com.

Now her life is centered around working in the basement of the two-story, four-bedroom house that she bought last September for $250,000.

Monday, September 03, 2007

Faithful servants replaced by knowledge workers

In any government, communication is one of the most important tools. In the earlier British Civil Service, letter writer's emotions were clear when we read the line above the signature. For example, when bureaucrats wrote letters to the public, they would end their letter with 'I beg to remain, or Sir, or your most humble and obedient servant.'

Thus civil servants who play a vital role in running the government affairs effectively are constantly reminded that they were servants of the people and their job was to serve the people, their masters.

This system that was followed by most of the English speaking countries is being changed now. It is now either 'Yours truly or Sincerely yours.'

In his book "The Post-Capitalist Society" Peter Drucker describes how every few hundred years a sharp transformation takes place and greatly affects society - its worldview, its basic values, its business and economics, and its social and political structure.

According to Drucker, we are right in the middle of another time of radical change, from the Age of Capitalism and the Nation-State to a Knowledge Society and a Society of Organizations.

Over the last several decades, clerical jobs, in most developed countries are vanishing since their tasks are either becoming automated or can be performed by less-expensive workers somewhere else.

Since the 1990s, the blue-collar works and their unions are facing irreversible retreat, their jobs taken over by technologists and technicians.

Some of the traditional employees liable to be transferred across departments, divisions and locations across organisational hierarchy now have the opportunity to work as consultants. A consultant normally offering professional services and is not bound by the rules of the organisation concerning rules of employment.

In most of the developed countries, the knowledge workers have become the single largest group in the population and workforce.

Education is the centre of the knowledge society and schooling has become the key institutions.

Drucker says that a strong intellectual curiosity is necessary to stay ahead in a continuous learning environment. The knowledge society demands far more competition than any other society of the past and we are redefining what is it to be an 'educated person.'

Adam Smith's factors of production- land, labour, and capital have not disappeared but they have now become secondary. They can easily be obtained, provided there is specialized knowledge. This is where the knowledge workers are coming in droves.

A knowledge society is a society of mobility. People no longer stay where they were born, in terms of geography. This mobility means people no longer have "roots."

Thus our societies are facing new challenges. We need more thinking citizens to ask searching questions to solve our problems.

The emergence of the society of organisations of the knowledge economy is also challenging the function of the government. All social tasks in the society of organisations are being done individual organisations, each created for one social task such as education or health care.

Therefore, the society of these organisations are only concerned with its particular purpose and mission.

This is a social transformation that will bring new opportunities through political turmoil and unexpected problems.

Going by Drucker's assessment , we are in the midst of a colossal transformation- one that may drive 'your obedient servants' into extinction.