Career Resources

Q&A: Should My Business Start Accepting Bitcoin?

Question: I’ve been hearing a lot about how Bitcoin is the next step in digital wallets and currencies. Should my business adopt Bitcoin?

Answer: Bitcoin is an open-source, peer-to-peer digital currency – a synthetic currency that can be stored in a digital wallet on consumers’ mobile phones or computers. It is prone to wild, speculative swings, where a single Bitcoin rose from a low of US$20 to a high of more than US$230 from February to April this year, making it a potentially lucrative investment for businesses who opt to get on board. (Read More Here!)

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Crowdfunding: How Running a Business is like Running for President

By Desiree Yang

Technology has eradicated the need for businesses to rely on operating at physical stores, which more often than not require a large amount of manpower. These same advancements have also made available a wider range of funding opportunities, and people are no longer limited to loans from banks, family, friends or investors. Enter crowdfunding, a new method of funding that allows people to fund business ideas or products from community contributions. It is essentially the funding of a venture with money raised by appealing to a ‘crowd’ via platforms like Indiegogo and Kickstarter. Crowdfunding opens up endless possibilities for startups, and even a project as banal as making potato salad can garner an outpouring of support. Zack “Danger” Brown’s potato salad Kickstarter campaign drew a grand total of US$55,492 in funding – far surpassing his goal of US$10. Trying to get your business started through crowdfunding is a lot like running for president in the US, and here’s why. (Read More Here!)

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Q&A: How Important is My Business' Name to its Success?

Question: I’m in the process of setting up my own business and am trying to come up with a good name. I am unsure how far the name will end up defining my business. How important is my business’ name to its success?

Answer: “What’s in a name? That which we call a rose/ By any other name would smell as sweet,” muses Juliet, one half of the famed pair of star-crossed lovers. That’s all very well in the world of Shakespearean verse and poetry, but in a fiercely competitive climate permeated by aggressive marketing and branding, can a business really afford to pay no heed to its name and brand? (Read More Here!)

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Why Companies Should Have Family-Friendly Workplaces

By Desiree Yang

The total fertility rate in Singapore has been on the decline for many years now and as of last year, it stood at 1.19. While the government has made efforts to boost birth rates by rolling out policies like the Marriage and Parenthood Package, Singaporeans have remarked that the package still does not adequately address their concerns and struggles (e.g. having difficulty balancing work and family commitments), even with the enhancements that were introduced in 2013. The solution then just might lie with addressing the root of their concerns – the workplace. A company’s employees are its greatest asset, and an office of motivated, satisfied and focused employees is a successful and productive one. However, employees often have a lot more on their minds than just hitting their key performance indicators (KPI) for the quarter, especially so for those who are parents or caregivers. (Read More Here!)

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Making the Most of a Networking Event

By Deanna Bonaparte

Many of us are not born networkers. Conversation might flow between close friends, but that’s probably because you’ve grown familiar and comfortable with each other and your interactions have become something of a habit. But meeting with strangers at a networking event is a different ball game entirely – it requires considerable finesse and people are going to analyse how you portray yourself with close scrutiny. (Read More Here!)

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Why Companies Should Encourage Employees To Go On Leave

By Desiree Yang

Just last year, the Singapore Business Review found that more than 50 per cent of Singaporeans are (self-confessed) workaholics. If that weren’t enough, come this year, they’re apparently an unhappy bunch too. The article, published on CNBC in June, stated that almost half of the employees in Singapore do not think they have the perfect job – with three quarters of them seeing their job only as a way to rake in the dough. By the sound of these figures, many of these workers are in desperate need of a vacation. However, a 2012 The Straits Times article found that eight in 10 Singaporeans do not clear their annual leave. One possible reason for this is the fear – perhaps not unfounded – that they have of being judged unfavourably by their colleagues and bosses if they do so. (Read More Here!)

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Q&A: How Can I Stand Out in a Group Interview?

Question: I’ve been shortlisted for a group interview. What can I do to stand out from the other candidates at the interview?

Answer: If jobseekers thought that job interviews were nerve-wracking, group interviews are guaranteed to send their anxiety levels rocketing through the roof. Fortunately (or unfortunately) for jobseekers, an increasing number of companies all over the world are turning to such creative and innovative hiring practices to find the best fit between prospective employees and available job positions – and even more so when they’re faced with a tight labour market. (Read More Here!)

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Imagining Tomorrow's Workplace IV: Augmented Reality

By Desiree Yang

Technological advancements have led to the birth of amazing inventions like the Google Glass, the world’s first ever smart eyewear that opened the door to augmented reality for the masses. SeeSpace’s InAir allows web content to be projected in the space in front of televisions, allowing viewers to watch programmes while simultaneously perusing other content. (Read More Here!)

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How the 40-Hour Work Week Fuels Unnecessary Consumption

By Koh Wanzi

Consumption fuels economies. The US economy, the largest in the world, is driven largely by strong domestic consumption. In fact, the reason many of us continually seek better salaries and prospects for advancement is so we can consume even more. (Read More Here!)

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Tension on the Formula One Grid: Takeaways for the Workplace

By Desiree Yang

Whether you’re a fan of Formula One or not, you should be no stranger to the deafening engines that have hit the Marina Bay Street Circuit every year in September since 2008, right here on our sunny shores. The 2014 F1 World Championship which began in Australia in March has seen a considerable amount of drama since the early stages of the race. When the championship landed in Monaco in late May, the spotlight was on the Mercedes AMG Petronas Formula One Team as an air of hostility descended over childhood friends and now teammates Nico Rosberg and Lewis Hamilton – all because Hamilton was prevented from challenging for pole position after yellow flags were raised when Rosberg crashed during the qualifying round. Rosberg then went on to claim the win on race day. With all this talk about tension, rivalry and hostility, here are some takeaways from the entire debacle that can be applied to the workplace at a managerial level. (Read More Here!)

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