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SINGAPORE

Singapore

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SINGAPORE

Flag Description

Red denotes brotherhood and equality; white signifies purity and virtue; the crescent moon symbolizes a young nation on the ascendancy; the five stars represent the nation's ideals of democracy, peace, progress, justice, and equality.

• “ The lion head symbolizes courage, strength and excellence, as well as resilience in the face of challenges. It is in solid red against a white background - the colors of the national flag. Its mane's five partings represent the same five ideals that are embodied in the five stars of the national flag, namely democracy, peace, progress, justice and equality.

BASKETBALLCRIMSON SUNBIRD

26th AUGUST

Vanda Miss JoaquimSINGAPORE

Demographics Of Singapore

Population

5.26 m

Life Expectancy

83.75 yrsHealth Expenditure

3.9% of GDP

Rate Of Urbanization

0.9% rate of change

Death Rate

3.41 deaths per 1000

Birth Rate

7.72 births per 1000

GEOGRAPHICAL FEATURES

Location

North of Equator

SIZE

Total area is 270 sq. miles

Islands

63

Terrain

Lowland

Geographical Importance

History•The earliest known settlement on Singapore was in the second century AD.

•Between the 16th and early 19th centuries, it was part of the Sultanate of Johar.

•In 1819, Thomas Stamford Raffles arrived and signed a treaty with Sultan Hussein Shah.

•In 1824, the entire island became a British possession under a further treaty with the Sultan and the Temenggong.

•By 1860, the population exceed 80,000, with over half of the population being Chinese.

Land and People• 77% Chinese, 14% Malay,

8% Indians.

• The people of Singapore are predominantly Chinese.

• With large Malay and Indian minorities.

• Buddhism, Islam, Hinduism and Christianity are principal religions.

• Malay, Tamil, Chinese and English are the languages spoken here.

• People here are friendly and lively.

Cuisines

LANDMARKSRaffles Hotel Sultan Mosque

New Parliament House

St. Andrews CathedralThe National Theatre

A view of the Causeway

Rivers

• The Singapore River is a river in Singapore with great historical importance.

• The northernmost part of the watershed becomes River Valley.

• It is the place where Raffles made the 1st trading port in Singapore.

Climate

• June, July and August are the most pleasant months to visit Singapore.

• Singapore's climate is hot and humid.

• The island lies only 1 degree north of the equator and thus has a tropical rain forest climate.

• Another important influence on Singapore's climate is its maritime exposure.

Rainfall• Although the heaviest

rain occurs from November through January.

• Singapore residents experience rainfall almost every day.

• Singapore's rainfall exceeds 90 inches per year.

.

Temperature and Humidity• Singapore's close

proximity to the equator means that its temperature and humidity remain relatively even throughout the year.

• Its average daytime temperatures are around 87 degrees Fahrenheit.

• The hottest weather occurs in April.

1• Lack of natural resources; Fishing and marine life exists

2• Small area of land is suitable for agricultural purposes.

3• Singapore is the world's third-largest oil-refining center.

4

• The production of chemicals is the second leading industry

5• Human resource as the biggest natural resource.

Government

• English common law

• Constitution: The Constitution of Singapore is the supreme law of Singapore and it is a codified constitution.

Dr. Tony Tan Keng Yam

Lee Hsien Loong

SINGAPORE

Free market economy

78% EMPLOYMENT

Emerging Economies

GDP 4.9%

TOURISM

Political Environment

• Political ideology: Collectivism

• Singapore’s government system revolves around a political ideology- meritocracy.

• Singapore has a total of 43 active parties.

• Singapore’s ruling party is the People’s Action Party (PAP).

Corporate Social Responsibility

• The awareness and implementation of Corporate Social Responsibility (CSR) in Singapore has been increasing over the past four years since the formation of the SINGAPORE COMPACT, a national society promoting CSR in Singapore

Singapore Airlines

Community Welfare

The Arts and Heritage

Education

Sports

National Events

EXPORTS

• World’s fourteenth largest exporter.

• Singapore’s main exports are:1. Machinery and equipment.

2. Electronics.

3. Consumer goods

4. Pharmaceuticals.

5. Chemicals, and other mineral fuels.

IMPORTS

• World’s fifteenth largest importer

• The main imports are:1. Machinery and equipment.

2. Mineral fuels.

3. Chemicals.

4. Foodstuffs.

5. Consumer goods.

BIOTECHNOLOGY

HOFSTEDE’S CULTURAL DIMENSIONS

• Caring for others

• quality of life

• A group oriented culture

• Preference of order

• Stability

• Continuity

• Risk aversion

• CONSCUIOUS OF THEIR HIERARCHIAL POSITION

• DECISION CONFIRMED BY TOP MANAGEMENT

POWER DISTANCE

UNCERTAINITY AVOIODANCE

FEMINITYCOLLECTIVISM

Sustainability

regional and global hub of sustainability solutions

Is efficient: we develop with less resources and waste

Is clean: we develop without polluting our environment.

Is green: we develop while preserving greenery, waterways and our natural

heritage

Corruption

• Singapore has constantly been ranked as one of the least corrupted countries globally. In fact, Singapore ranks as the fifth least corrupt country, behind New Zealand, Denmark, Finland and Sweden on the Transparency International's Corruption Perceptions Index 2012.

Trompenaar’s Cultural Dimensions

• Universalism Particularism

• Individualism Communitarianism

• Neutral Emotional

• Specific Diffuse

• Achievement Ascription

• Outer Directed Inner Directed

Strategic Predisposition

Ethnocentric Predisposition

Mission

Governance

Strategy

Culture

Personal Practices

• profitability

• Top-down

• Global Integration

• Home country

• People of home country developed for key positions everywhere in the world

SPECIFIC HRM

AREAS

RECRUITMENT AND SELECTION

TRAINING

COMPENSATIONLABOR

RELATIONS

JOB DESIGN

Doing Business In Singapore

When seated, be careful not to

cross your legs.

Men usually wait for a woman to

offer her hand first

Avoid asking negative

questions.

Gifts are always appreciated

Relationship with each group

member

Organizational Culture in Singapore

1. Attitude towards authority

Status is ascribed to parent figures who are close and powerful.

2. Ways of motivating and rewards

Intrinsic satisfaction is being loved and respected

3. Ways of thinking and learning

Intuitive, holistic and error correcting

4. Relationship between employees

Diffused relationships

5. Criticism and conflict resolution

Save others face. Don’t lose power game.

Domestic Multiculturalism

GROUP THINK

Verbal Communication

Indirect

• Implicit messages

• Collective, high context

Elaborate

• High quantity of talk

• Moderate uncertainty avoidance

Contextual

• Focus on the speaker ad role relationships

• High power distance, collective

Affective

• Process oriented and receiver focused language

• Collective, high context

COMMUNICATION FLOW

Non Verbal Communication

KINESICS

Oculesics

Less eye contact

Haptics

PROXEMICS

Large spaces

CHRONEMICS

Polychronictime schdule

CHROMATICS

Green colour is used for respect

and worship.

Negotiation Style

Attitudes and Styles • Distributive and contingency bargaining• Competitive style

Sharing of Information • Spend considerable time• Some information is shared to build trust

Pace of Negotiation• slow and protracted• a holistic approach• be patient, control your emotions

Bargaining• love bargaining and haggling• bargaining stage of a negotiation can be extensive• avoid most aggressive or adversarial techniques

Decision Making• consensus-oriented group• moderate risk takers• consider the specifi c situation

Agreements and Contracts• written understandings after meetings• detailed terms and conditions• dependable and binding

Strategy Formulation and Implementation

Singapore Airlines

Global Strategy

Regional Economic Integration

Economic Imperative

Quality Imperative

Improvement of efficiency

Access to knowledge

Mitigating political factors

Restriction in competition

ALLIANCE

1• Employees are more highly motivated than their peers in Asia

2• involving them in the decision-making process

3• high flexibility in doing their jobs.

4• responsibility, autonomy and knowledge sharing.

5• acknowledged employees feelings and experiences.

6• Work-life balance, pay, and the availability of opportunities.

MASLOW’S HIERARCHY OF NEEDS

Physiological

Self Actualization

Social

Safety

Security

Recognition

Pay

Job Status

Relationships

Family

Hobby

Responsibility

Achievement

Growth

Reward System

• Competitive Salary

• Performance-based

Work Centrality

Theory Y

Participative style

Charismatic leaders

Future Orientation Values

Performance Orientation

Authentic leadership

YOUNG ENTREPRENEURS OF

SINGAPORE

Peddy Tan Lek Hen

• Age: 32 yrs.

• Bak2U.com

• Founder of lost and found anti theft services

• “When I was young, I saw myself starting my own business as an escape route to provide a better life for them,”

.

Eric Feng

• Age: 25

• Area 9 Training International

• Provider of leadership,training,communications and brandings.

• “Being a boss, a salesman, and a client all at once is a challenge you do not get anywhere else but in business.”