Building on Diversity

We will have an entirely homogenous, unquestioning decision-making process in an organisation that will not be open to any new ideas. This can be disastrous because as businesses become increasingly global, diverse and accelerated, it becomes ever more crucial for top management to understand, appreciate and tap into how different groups of people with different orientation and talents will behave and can contribute differently to achieving the organisation's goals and united vision. This, then, is the power of what is now recognised globally as `workforce diversity'. 

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Creating and Retaining the best brains and human assets

The right talent is fast becoming a scarce resource, especially with international labour mobility and increased competition from other countries. The war for talents will intensify as demand for high performers escalates and as they become aware of their market value. We must quickly muster the political and industry will to avoid falling behind! 

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Raising The Retirement Age

For one, employees aged 55 and above may still be very efficient, able and productive to the organisation they are attached to and the country as a whole. It is only logical then that those who are still productive may prefer to continue working, if not for the mandatory age of retirement. In fact, the retired work force represents “a huge pool??? of “overlooked talent??? for short-term projects.

Author: Yee, Siew Lin Elayne.  Publication: MIERScan, 19 September 2005.

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Eight Reasons To Invest In Human Capital

Many managers must be bewildered that, despite investing in the latest equipment and technology and paying very competitive wages, their organisations still fail to achieve the impressive results enjoyed by their more successful counterparts. Equally bewildering is the difficulty managers find in attracting and retaining the best talent for their organisations. This is the human capability dilemma. 

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Slower Employment Growth Ahead

Securing a healthy economic growth amid political stability is essential to achieve Malaysia’s developmental goals. Stable economic growth has managed to partly solve problems such as poverty and unemployment. For an average person, a healthy economy means better job opportunities and higher income. This has become critical with the significant rise in the cost of living following hikes in fuel prices.

Author: Azidin Wan Abdul Kadir. Publication: MIERScan, 25 September 2006.

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