Category: Business
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Navigating the Singapore Government Tender System for Small Businesses
In my previous blog post, I received a lot of feedback from both friends who have experienced the system firsthand and from people working in civil service who face less-than-ideal outcomes due to the current procurement rules. Today, I’d like to explore this topic in three parts: Why We Have This System Horror Stories from…
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Getting the best deal… at the expense of local businesses?
Recently, we lost a tender for a government order because the we quoted about 20% more expensive than the one who won. The staff in the organization called me in frustration because he could tell that the business who quoted cheaper was simply a trader who promised he could deliver within 3 weeks, even though…
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Ask for Help
Most people do not know the transformative power of asking for help. No one has ever rejected me especially when I was younger when I asked for advice, or concrete help to move on with my next learning journey. If I were to posit a reason, it might be due to our academic system, where…
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Rationality towards Money Management
Despite having over a decade of experience in business, I still find myself navigating the complexities of cash flow and the psychology surrounding money. The challenge lies in balancing rational financial decisions with the instinctual desire for security. For example, it is rationally different to splurge your money on inessential products, or to invest it…
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Insights from Navigating TADM and ECT: Lessons Learned
No person will be mentioned specifically, and names will not be released. For those unfamiliar with the intricacies of employment dispute management in Singapore, let me shed some light on the process. TADM stands for the Tripartite Alliance for Dispute Management, and ECT refers to the Employment Claims Tribunal. While TADM and ECT are connected…