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3/20/2009

Time of Great Opportunities

The world financial crisis has thrown open the door to great opportunities if we are prepared to take a step back and assess how best we could benefit from it. One area that we can seriously take a relook is the policy on foreign talents. Now is the time to go out there and mount a major recruitment exercise to bring in the real talents from America. We can go for the top notch talents instead of the third or fourth rate talents we were getting in the past. We could go for the best 200 or 300 CEOs to replace all the CEOs in GLC linked companies. The CEOs of Citigroup, AIG, GM, Ford Motors, Fannie Mae and Freddie Mac, the financial institutions and the airlines, the aerospace industry etc, all are available at a price that is now affordable. We can than go ahead and acquire the Citibank Asia operations, AIA, replace the CEO of HDB with Fannie Mae or Freddie Mac, build car factories in JB, Batam and Bintan with the help fo GM and Ford Motors. The experts and top talents from Wall Streets can replace the local talents in our finance industry, and the possibilities are just enormous. Go and get them before it is too late. And we can truly transform ourselves into really world class. Our corporations all headed by the best foreign talents and supported by the best local talents. We will be world beaters.

8 comments:

Anonymous said...

What about the experts on Wall Street replacing our policy makers as well?

Oops, I'm sorry. I just remember that we already have the best policy making body in the whole wide world. No need to change them. We are alredy world beaters.

Lost Citizen

Matilah_Singapura said...

Hooray for self-interest. Let the fun rise to a new level!

Anonymous said...

there are just too many of them from the best universities with the longest experience that even without inviting them, they will still come. by container loads.

these incredible talents will fill up our hdb flats and job market. but what is the big deal, singaporeans are not afraid of competition right?

redbean said...

you are right. singaporeans are not afraid of competition. they used to apply to be taxi drivers. now they are queuing up to be bus drivers.

Anonymous said...

thats why retirement is not an option. it cant be helped.

Matilah_Singapura said...

> singaporeans are not afraid of competition <

People forget that the PAP is not the official 'history' of Singapore.

Raffles and the BEIC set the stage long before the PAP for competitiveness in the wonderful world of international capitalism.

Competition is a necessary part of the market process and (usually) precedes cooperation.

Anonymous said...

100 years from now, people would have forgotten there was ever PAP in the History of Singapore.

It is not worthy of mention.

Matilah_Singapura said...

Actually for many folks, the jig was up a long time ago.

Many people just 'accept" the PAP, because the alternatives are even more scary.