Heard over the news last evening that there is a major
breakthrough in Sino Indian relations, at least in the economic front. The pro
business and pro development PM Modi has given the green light for China’s
largest mobile phone maker to open a factory in India.
This has never been allowed before, not even to western countries. It sure
spells good news for more cooperation between the two Asian giants.
The only catch that is holding back this development is the
condition that all the top management staff must be Indians. This sounds very
reasonable to a very nationalistic Indian govt. What it entails is that the
whole manufacturing company would be operated and run by the Indians with the
Chinese footing the bills and providing the technology and know how. Would the
Chinese agree to it? Putting money in India
and losing all control over their money and investment? Would there be stupid
countries to allow such an arrangement to take place?
As a Singaporean, I find this strange. We have no problems
with MNCs setting up business and employing whoever they want. We do not insist
that they must employ Singaporeans, at least not a condition for them to be
here, at top management level. We only hope that they will employ more
Singaporeans and in some professions, they may be a certain quota to ensure
that some Singaporeans are employed. But we definitely did not demand that the
top management of foreign companies must be Singaporeans. How can we do that
when we don’t have the talent to offer them, when our top talents are misfits?
In fact many foreign companies are free to hire as many
foreigners as they want at top management level. Even local companies are doing
the same. Even govt ministries and GLCs are doing so. But we got no choice, we
got no talents. We need the foreign talents or else we will end up in the 3rd
World, no growth, no progress and our people will suffer.
How nice if we are like India,
with so many talents to offer and can insist that foreign companies operating
here must employ Singaporeans in top management. But that is too much to
expect. We don’t even have enough Singaporeans to fill the top management
positions in GLCs and the ministries. We need more, we need to sign more free
trade agreements to ensure that more foreign talents are here to replace the no
talent Singaporeans.
When will we have the local talents for our own needs in top
management? Oh, the govt has started to plan for this eventuality. Maybe we
will be there when our population hits 10m.
6 comments:
If I m not wrong, we had started the "LOCALISATION" program
many many moons ago where locals were "earmarked" to take over
the senior/management jobs of FTs working in MNCs.
I think the will to push this policy through were diluted,
neglected and forgotten along the way, over the years.
We can still implement the policy now. It is never too late.
What is needed is the strong political will to push the policy
through.
There are pots of gold at the end of the rainbow!
Cheers.
When will we have the local talents for our own needs in top management?
RB
When? When we have the local talents to join the opposition and ready to be govt, then we will also have the local talents for our own needs in top management.
Once upon at time in Singapore, Singaporeans were talents. Ask Dr. Goh Keng Swee.
VTO if you want Singapore talents to be in top management.
PAP is ok. Only a few of the members are not ok. They must be replaced. GKS is from PAP too. Only under PAP, some sinkies became talents.
The Indian government only trusts their own citizens to be in senior positions.
But the PAP government is better.
Our PAP government trusts Aliens to be in senior positions.
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