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In 2010, Singapore embarked on a 10-year programme to boost its economy’s productivity, with the ultimate aim of reducing income inequality. While foreign labour intake has been significantly tightened, productivity increases have yet to be seen. In this LearningCircle, we are going to understand the economy of warfare in today’s context and how success requires winning decisive engagement quickly

Description

Singapore’s Productivity Drive is entering the 9th year. The goals were twofold: to grow productivity by 2–3% a year on average between 2010 and 2019, and to raise wages by 33% over the decade. The government hoped to achieve these targets by tightening foreign labour supply and encouraging automation and the retention of higher-skilled workers. Having said that, “Singapore's productivity could improve a little bit more this year, having achieved 1 per cent growth in 2016”, said Prime Minister Lee Hsien Loong on Aug 12, 2017 National Day Dinner.

The drive for higher productivity will result in doing more with less people (low-skilled), especially with the advent of technology and automation. At the same time, the rising cost creates considerable pressure to the business and individuals. Interestingly, 2018 marks an ominous turning point for Singapore's aging population, according to research by Francis Tan, an economist at United Overseas Bank. In 2018, the share of the population that's 65 years and older will match those younger than 15 for the first time, Tan wrote in a report on Dec 6, 2017. As the elderly population starts to crowd out the youth, the "demographic time bomb" may mean changes to taxes, immigration rules, and social services, he said.

The good news is, the above business challenges could be overcome by sharpening our saw in strategic and managerial competences. In the latest IAL Training and Adult Education Professional Competency Model (TAEPCM), “strategic/managerial competence” is the new and emerging critical skill set. It has been identified as the Horizontal Skills that will increase the Training and Adult Education (TAE) stakeholders’ competitive advantage.

Key Learnings

• Recognise the value of “speed” in driving productivity and winning behaviour

• Use a simple and effective process improvement matrix to address the “lack of time” syndrome in productivity

• Relate to the value of cost and revenue behaviour in managing costing and pricing

• Describe the impact of sales cycle time to accelerate sales velocity

• Create a process of high productivity for long term sustainability

Pre-requisites

For the FIRST onsite workshop:

1. Bring your laptop (best view platform) and audio earpiece
2. Ensure your laptop is fully charged and can last for at least 2.5 hours
3. Class will start on time and appreciate if you can come 10-15 minutes earlier to set up your wifi network access and laptop

Pre-learning

Below are the 2 links for your pre-reading. Please copy and paste the URL.

Part1: http://www.hrexam.com/exam/2012-04/09/861581.html
Part2: http://www.hrexam.com/exam/2012-04/09/677103.html

Post-learning

2 sessions of DIY asynchronous learning, anytime, anywhere.

Topics and agenda

• 1. Digital On-boarding

  Digital and/or onsite | 15 Minutes

  By Prashant Jain, CEO, Entrepreneur, Chief Architect Learning Circles

  Covers navigation, settings, mobile access, house rules and other relevant highlights

  Learning objectives

  To arrange the platform setup and access for maximum learning experience and outcome

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• 2. Setting the Context

  Digital | 15 Minutes

  By Prashant Jain, CEO, Entrepreneur, Chief Architect Learning Circles

  Covers the learning motivation, sense of urgency, challenges, expectation and learner profile.

  Learning objectives

  To manage the learning expectations and relate to other learners and stakeholders

  ---

• 3. Key Information: Chapter 2 Waging War

  Digital and/or onsite | 20 Minutes

  By bp lim, Sales Enablement Consultant helping sales performance improvement

  Covers the important facts in Chapter 2 Waging War by receiving the fundamental information without interpretation

  Learning objectives

  To recognise the key information about the economy of warfare in today’s context and how success requires winning decisive engagements quickly.

  ---

• 4. The Value of Speed

  digital and/or onsite | 20 Minutes

  By bp lim, Sales Enablement Consultant helping sales performance improvement

  To relate to the key facts about speed in Chapter 2 and research to turn into insight about why speed is everything in business

  Learning objectives

  Recognise the value of “speed” in driving productivity and winning behaviour
  

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• 5. Cost and Revenue Behaviour

  Case Study | 30 Minutes

  By bp lim, Sales Enablement Consultant helping sales performance improvement

  To use a case study to simulate the consequence in prolonging any campaign

  Learning objectives

  Relate to the value of cost and revenue behaviour in managing costing and pricing
  

  ---

• 6. Overcoming Lack of Time Syndrome

  Digital and/or onsite | 30 Minutes

  By bp lim, Sales Enablement Consultant helping sales performance improvement

  Link speed to the "lack of time" syndrome with a simple and yet effective time management tool

  Learning objectives

  Use a simple and effective process improvement matrix to address the “lack of time” syndrome in productivity

  ---

• 7. Sales Velocity

  digital and/or onsite | 20 Minutes

  By bp lim, Sales Enablement Consultant helping sales performance improvement

  To relate to the "how to" in creasing more productivity

  Learning objectives

  Describe the impact of sales cycle time to accelerate sales velocity
  

  ---

• 8. Recall and Link

  DIY asynchronous | 15 Minutes

  By Prashant Jain, CEO, Entrepreneur, Chief Architect Learning Circles

  Covers the reinforcement of knowledge and the association of real life experience in order to strengthen the link for memory retention.

  Learning objectives

  To generate the links of new knowledge with the previous experience in speed, cost, time management and productivity

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• 9. Productivity vs Sustainability

  DIY asynchronous | 30 Minutes

  By bp lim, Sales Enablement Consultant helping sales performance improvement

  To discuss the ability to scale the productivity with a systematic way of managing priorities and objectives. Tools will be shared to manage urgent and important matters.

  Learning objectives

  Create a process of high productivity for long term sustainability

  ---

• 10. Reflect & Application

  DIY and asynchronous | 30 Minutes

  By bp lim, Sales Enablement Consultant helping sales performance improvement

  Covers the application of knowledge to lay plans for 2018.

  Learning objectives

  To apply the concepts and integrate the strategies and tactics into real life personal goals.

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Professionals

Prashant Jain
CEO, Entrepreneur, Chief Architect Learning Circles

PJ is the Chief Architect of Learning Circles and creator of Wiztango.com a Digital Facilitation Technology Platform for Content Originators. He is an American with a global background as an entrepreneur in technology and education management.

In 2002, he founded and for fourteen years successfully managed an in-residence corporate university for Japanese employees of Hitachi Corp, Toshiba, Fujitsu, Yokogawa, Panasonic and 30 global Japanese corporations. The Singapore-based company achieved $8.9M revenue at its peak and had 1,000 Japanese graduates from 25 global-skill development programs.

In the past 25 years, PJ has had pioneering leadership roles in the digital transformation of multiple industries including Pre-Press (Israeli-based Scitex Corp), Photography (Boston-based Leaf Technologies), Printing (Dutch-based Indigo Corp) and Advertising (Boston-based Engage Technologies)

Topics covered

Digital On-boarding Recall and Link Setting the Context

bp lim
Sales Enablement Consultant helping sales performance improvement

Are you a Senior Business Leader or Owner in Sales or Business Development, Sales Training, Sales Effectiveness, Sales Enablement, Sales Solutions, Learning & Development, HR or Marketing who is involved in your organization's revenue generation strategy?

A recent research by Sales Executive Council showed that the driver that contributed to the greatest customer loyalty was "purchase experience" (53%). Unfortunately, Forrester's online survey pointed out that only 1 in every 7 sales visits usually live up to the expectations of the buying executives. It's more astonishing to find out that 88% of the salespeople are very prepared to talk about their own company and products and only 29% of sales professionals understand about the customer's business and problems.

This has led to a significant decrease of spending to less than 20%. While there is an increase in competition and the global economic climate is very challenging, that poor "purchase experience" resulted in even lower win rate and ultimately created more obstacles for sustainable growth.

Despite these stern statistics, Senior Business Leader or Owner like you can leverage on a systematic sales performance improvement approach to help your team to create a unique "purchase experience" for the customers, increase the win rate and "fast-forward" customers' decision making process.

As the Founder of Sales Blueprint, I've helped thousands of top Executives to significantly accelerate sales and marketing growth through blended learning with sustainable behavioural change.

We have a great passion for sales performance improvement. We also love to empower sales professionals and challenge their thoughts in reaching a "shared understanding" with the clients.

I hope I can be a good resource to you. Scroll down to the "publications" to locate the eBook link to discover the 7 costly mistakes 80% of the sales people make that is costing companies hundreds of thousands of dollars.

Topics covered

Cost and Revenue Behaviour Key Information: Chapter 2 Waging War Overcoming Lack of Time Syndrome Productivity vs Sustainability Reflect & Application Sales Velocity The Value of Speed