56. Issue 2 2013 • $8
Today’s Multi-Generational Workforce Can They Work Together?
The Owen Perspective View from the Top
Fast Expanding Markets Looking at Global Markets
Maximising
Human Capital
57. 16
Harnessing the Potential
of Today’s Multi-
Generational Workforce
in Singapore
6
Year of the Global
Small- and Medium-
Enterprise
32
Fast-Expanding
Markets: A New Way
to Look at the Global
Markets
50Understanding the
Ageing Consumer
From the Editors’ iii
Desk
Customer Service 4
Self-Servicing
Customer Service
Human Resource
Has Singapore’s 2013 8
Budget Addressed Rising
Costs and Manpower
Crunches?
How Middle Managers 12
Can Become Leaders
of the Future
Features
Farming in Singapore: 22
A Diamond in the Rough
Business
Making Sense of the 26
New MAS Car Loan
Restrictions
Unethical Cost Saving 28
Measures in the F&B
Industry
Innovative Fan 30
Company Excites
Customers
Management Aspirations
Ingredients That 37
Make a Good Leader
The Owen Perspective
View From the Top 41
Management
Viewpoints of a 44
Leader: Mr Daniel Tan
Woman Leader 48
in a Man’s Industry
Marketing
Blurring the 53
Boundaries Between
Offline and Online for
Businesses
Communications
Communicate 56
Clearly Across Cultures
IT Update
What is Business 63
Class Productivity?
Treatments for Big 68
Data in Healthcare
Future of Human– 70
Computer Interaction
Reviews
Products 72
Good Reads 74
SPOTLIGHT
60
How Leaders Can
Drive Innovation
Success
COVER STORY
Scan to Visit
Our New Portal!
iISSUE 2 2013
59. SS
In today’s struggling global economy, it is im-
portant for organisations to leverage the know-
ledge, skills, and abilities of all workers, from all
generations. By capitalising on the strengths and
values of different generations, business leaders
can create a sustainable competitive advantage
for their organisations.
C
hanges in the demographic characteristics of
Singapore’s workforce deserve more attention
from academics, employers, employees, and
policy-makers. Today, many organisations have four
generations working side-by-side in the workplace.
According to Kupperschmidt3
, a generation of employ-
ees consists of individuals born approximately within
the same time span of two decades each. He explains
that a generation is an: “…identifiable group that shares
birth, years, age, location, and significant life events at
17ISSUE 2 2013
60. Table 1: The multi-generational workforce
Generation Years Born Work
Perspectives
Traditionalists 1922–1945
Company loyalty:
Believe in working
for the same
company their
entire career.
Baby Boomers 1946–1964
Live to work:
Believe in putting
in face time
at the office.
Women enter the
workforce in large
numbers.
Generation
Xers
1965–1980
Work to live:
Believe that work
should not define
their lives. Dual-
earner couples
become the norm.
Generation
Yers
1981–1994
Work my way:
Devoted to their
own careers, not
to their companies.
Desire meaningful
work.
Generation
Zers
1995–present
Living and working
their way: Their
struggles in the
work environment
are tied to
their youth and
inexperience.
Desire for change,
stimulation,
learning, and
promotion that
will conflict
with traditional
organisational
hierarchies.
agers is: “Do we want our legacy to be of mentoring
and empowering the next generations, or of fighting
them tooth and nail?” Organisations that embrace gene-
rational differences in values, ways of getting things
done, and ways of communicating will thrive.
Demographic and social trends will have a significant
impact on the workforce in the coming years. In today’s
struggling global economy, it is important for organisa-
critical developmental stages”. Others believe that when
individuals from the same generation share similar his-
torical, economic, and social experiences, they will also
have similar work values, attitudes, and behaviours4
.
The business world is progressively becoming more
global. Services and products offered by businesses are
also becoming more focused and targeted at specific
demographic segments. Many organisations today have
worldwide customers who demand excellent services
and products that meet up their diverse needs, expecta-
tions, and priorities. Simultaneously, the composition
of the global workforce is also changing significantly.
After World War II, the Traditionalist generation, born
1922 to 1945, tended to work at the same employer for
an entire career. Beginning with the Baby Boomers,
born 1946 to 1964, women and ethnic groups began
entering the workforce in increasing numbers. They
brought different needs and perspectives to the work-
place. As the Generation Xers entered the workforce,
they increased job hopping in an effort to increase their
income and balance their lifestyle. Although some
employers made accommodations in response to the
demographic shifts, the basic work model—top down,
command and control, one-size-fits-all, eight to five
workdays—did not radically change.
Now, the emergence of the digital-savvy Generation
Yers has the potential to change the face of work to be
more collaborative, to use virtual teams, to use social
media, and to offer more flexible work hours2
.
The Fifth Generation
Employers must be prepared for a new breed of em-
ployee which is poised to enter the workforce. A whole
generation of them, known as Generation Z, are highly
connected individuals who have grown up with high-
speed Internet, smartphones, and online shopping. Born
from the mid-1990s onwards, they will enter the work-
force in the next five years. This is a generation that has
never known a life without superfast communication
and unlimited access to media technologies.
The five generations and their birth years are depicted
in Table 1.
Challenges in Managing a
Multi-Generational Workforce
A major challenge for today’s Traditionalist and Baby
Boomer managers is to figure out how to develop
younger workers into tomorrow’s managers under a
new business environment. A pivotal question for man-
18 ISSUE 2 2013
61. tions to leverage the knowledge, skills, and abilities of
all workers from all generations. By capitalising on the
strengths and values of different generations, business
leaders can create a sustainable competitive advantage
for their organisations.
Firms struggle with the challenge of effectively mana-
ging a more diverse workforce. These challenges of-
ten relate to variation in perspective, values, and belief
systems as a result of generational and age differences
between managers and employees. The assumption that
people of varying ages will understand each other or
have the same perspective and goals, is untrue. In order
to be successful, managers need to understand and va-
lue diversity that results from generational differences,
varying perspectives, and differing goals.
Each generation brings different experiences, perspec-
tives, expectations, work styles, and strengths to the
workplace. Despite the perceived generation gap from
differing views and potential conflict, organisations
have the opportunity to capitalise on the assets of each
generation to achieve competitive advantage.
Each brings unique assumptions to the job. As a result,
events in the workplace are often interpreted differently
by individuals in different generations. What may seem
like good news to a Baby Boomer might be an unsett-
ling and unwelcome development to a member of Gene-
ration X. Things that members of Generation Y love of-
ten seem unappealing to those in older generations.
Like any other generation, Generation Z brings its
own mindset into the workforce. They are also called
Linksters because no other generation has ever been so
linked to each other and to the world through techno-
logy. Their struggles in the work environment are tied
to their youth and inexperience. They are complete dig-
ital natives and cannot function without communicating
through social media. Their desire for change, stimula-
tion, learning, and promotion often conflicts with tradi-
tional organisational hierarchies.
Leading and Engaging a
Multi-Generational Workforce
When employees join an organisation, they are usually
enthusiastic, committed, and ready to be advocates for
their new employer because they are engaged.
But often, that first year on the job is their best. Re-
search from Gallup Incorporation reveals that the long-
er an employee stays with a company, the less engaged
he or she becomes. This causes businesses to lose out
on profit and sales, and it lowers customer satisfaction.
Gallup estimates that actively disengaged employees
cost the American economy up to US$350 billion per
year in lost productivity.
Managers who harness this unprecedented opportunity
for growth, development, and collaboration can build
bridges between generations and will thrive in today’s
turbulent economic landscape.
For managers who have four generations of employees
working on a project, it can seem like each generation
has its own worldviews, priorities, career models, mo-
tives, and values. They need to enhance their under-
standing of generational characteristics and the impact
of their own management practices on each of these
groups. By doing so, they can leverage on the strengths
of each generation. Taking full advantage of the multi-
generational workforce will enable employers to effec-
tively attract and retain employees, build teams, deal
with change, and increase employee engagement.
Impact of Leadership Effectiveness on
Employee Engagement and Organisational Success
Organisations need to deliver service value and build
good customer relationships in order to generate sus-
tainable results through their loyal customers. In Figure
1, we can see that employees at the forefront of the ser-
vice delivery chain hold the key to building this loyal
customer base1
.
Employees who are engaged and motivated are instru-
mental in delivering the service experience for clients
which results in customer engagement. The level of
employee engagement depends on the organisational
climate, which refers to how employees feel about work-
ing in the organisation. It is the process of quantifying
the culture of an organisation.
We know that leaders create, transform, and manage or-
ganisational cultures. The leader’s values, beliefs, and
leadership styles will impact the organisation’s climate.
We need “Level 5 Leaders” who demonstrate ontologi-
cal humility and possess emotional mastery. They also
need to possess essential integrity in discharging their
day-to-day role and responsibilities towards engaging
the employees.
In his book, Good to Great, Mr Jim Collins examines
how a good company becomes an exceptional company.
The book introduces a new term to the leadership lexi-
con—Level 5 leadership. It refers to the highest level in
a hierarchy of executive capabilities. Leaders at the other
19ISSUE 2 2013
62. References
1
Bawany, S (2011). Ways to Achieve Organisational Success: Role of
Leaders in Engaging the Multi-Generational Workforce published by
Singapore Business Review, 1 November 2011.
2
Bawany, S (2013). Unlocking the Benefits of a Multi-Generational
workforce in Singapore published by Singapore Business Review, 24
January 2013.
3
Kupperschmidt BR (2000). Multigenerational employees: strategies
for effective management. Health Care Manager. 19 (1): 65-76.
4
Smola KW, Sutton CD (2002). Generational differences: Revisiting
generational work values for the new millennium. Journal of
Organizational Behaviour. 23 (4): 363-82.
5
Tay A (2011). Managing generational diversity at the workplace:
expectations and perceptions of different generations of employees.
African Journal of Business Management Vol. 5(2), pp. 249-255, 18
January, 2011
6
Zemke R, Raines C, Filipczak B (2000). Generations at work:
Managing the clash of Veterans, Boomers, Xers and Nexters in your
workplace (2nd Ed). American Management Association, New York, NY.
Professor Sattar Bawany is the chief
executive officer of The Centre for
Executive Education. He is also con-
currently the strategic advisor and
member of International Profess-
ional Managers Association Board
of Trustees and Governing Council
and is the co-chair of the Human
Capital Committee of the American
Chamber of Commerce in Singapore.
Figure 1: Impact of Leadership on Employment and Cust-
omer Engagement1
four levels may be successful, but are unable to elevate
companies from mediocrity to sustained excellence.
Level 5 leadership challenges the assumption that trans-
forming companies from good to great requires larger-
than-life-leaders. The leaders that came out on top in
Mr Collins’ five-year study were relatively unknown
outside their industries. The findings appear to signal
a shift of emphasis away from the hero to the anti-hero.
According to Mr Collins, humility is a key ingredient
of Level 5 leadership. His simple formula is Humility +
Will = Level 5. He explains: “Level 5 leaders are a study
in duality. They are modest, wilful, shy, and fearless.”
Managers who build bridges between generations and
harness this unprecedented opportunity for growth, de-
velopment, and collaboration will thrive. Although it
may seem like a monumental task for management to
ensure that employees understand and accept the idio-
syncrasies of each multi-generational group, it is not
impossible. Management must be the first to acknow-
ledge and accept the unique characteristics and expecta-
tions of employees from different generational groups.
Management should also ensure that individuals from
different generations perceive each other more posi-
tively to avoid any intergenerational disharmony. The
sooner employees from all the existing generational
groups learn to respect and accept one another the easi-
er it will be for them to welcome Generation Z employ-
ees to the new workforce after the year 20205
.
20 ISSUE 2 2013
63. 10 THE GRADUATE Jan-Mar 2013
Special report
Maya Angelou, an American author and poet, once said this, “I’ve
learned that people will forget what you said, people will forget
what you did, but people will never forget how you made them feel.”
Lilian Wu takes a closer look at how this ties in with the new wave of
leadership with Emotional Intelligence (EI) or Emotional Quotient (EQ).
The Impact of leadership with
Emotional
Intelligence
64. Jan-Mar 2013 THE GRADUATE 11
Special report
I
f feeling is what is best remem-
bered, then the same can be said
of leadership, especially in today’s
competitive global environment.
Leadership has been commonly
defined as a process where a per-
son influences a group of people or
organisation to accomplish a common
goal. To qualify as a good leader, you
need to have the necessary exper-
tise and technical skills to lead the
organisation. However, to be a truly
great leader, it takes exceptional skills
to communicate and manage people
effectively. In other words, you need
EI or EQ.
What Leaders Need To Succeed
In a research done by the Carnegie
Institute of Technology, it was found
that 85 percent of our financial suc-
cess is due to ‘human engineering’
skills (personality and ability to com-
municate, negotiate and lead) while
only 15 percent is based on technical
skills. The case of Johnson & John-
son further proves the link between a
company’s financial performance and
leadership that possesses EQ — the
ability to perceive, assess and man-
age one’s emotions and those of oth-
ers. In a global study1
that was con-
ducted on 358 managers across the
Johnson & Johnson Consumer & Per-
sonal Care Group (JJC&PC Group),
results show that the best performing
managers were also the ones who
were more “emotionally competent”.
Randstad’s World of Work Report
2012/2013, which canvassed opinions
from 1,315 people (including 625
leaders) in Singapore, also showed a
similar trend: analytical and technical
skills are rated as far less important
than leadership and other skills when
maintaining competitiveness in the
next five years.
When Dr Mike Gosling,
Emotional Leader Coach, did a
doctoral thesis2
on the emotional
intelligence of managers in
Singapore in 2006, he pointed out
that “managers who want to be
emotionally intelligent leaders have
a responsibility to exercise emotional
leadership in their interactions with
others, assisting them in gaining
emotional knowledge and nurturing
emotionally intelligent behaviour.”
Martin Tan, Co-founder and Ex-
When Dr Mike Gosling,
Emotional Leader
Coach, did a doctoral
thesison the emotional
intelligence of
managers in Singapore
in 2006, he pointed out
that “managers who
want to be emotionally
intelligent leaders
have a responsibility
to exercise emotional
leadership in their
interactions with
others, assisting them
in gaining emotional
knowledge and
nurturing emotionally
intelligent behaviour.”
ecutive Director of Halogen Founda-
tion Singapore, clearly illustrates this
point when he had to negotiate the
differences that had arisen among his
staff at a restaurant he co-owned with
his wife at Plaza Singapura.
“At Tea Cosy, I often have issues
between the kitchen staff and the
service staff. One wants the food to be
served hot, the other wants to ensure
that the customer enjoys his or her
appetiser without feeling rushed to
finish it because the main course is
served.” Mr Tan shared.
“There was once where anger
flared. I sat both parties down
individually first to understand their
perspectives and subsequently getting
both to sit down together to work
through the differences. Having EQ
allowed me to manage the emotions
of both parties.” he added. “It
allowed me to have a conversation
about the pain points for both of
them and find common ground so
that they continue to be good friends
and colleagues. It’s always satisfying
to see issues being resolved amicably
where both parties are willing to
work through their differences.”
Why EI Works
“Effective leaders use Emotional Intel-
ligence in their leadership to achieve
buy-in, trust and commitment,”
Dr Granville D’Souza, Regional Direc-
tor of 6 Seconds SEA Pte Ltd and
author of two books, EQ from Inside
Out and an upcoming title The EQ
Leader, explained.
“If this is done effectively, they
can better marshal the inner resources
to influence, communicate and
convince others. Quite often, we learn
tactical skills [and] strategies that are
cognitive in nature. These can never
be understated. However, when these
are executed without sensitivity to
the other person’s feelings and devoid
of empathy, it can come across as
transactional,” he observed.
Dr D’Souza then went on to
elaborate, “I have witnessed leaders
who are very sharp and they are
quick to whip out their thoughts,
ideas and strategies to solve problems
but they do this without considering
people’s feelings. This happens very
often when sales departments clash
with operations. Sales oversells and
Research by Carnegie Institute of Technology
found that 85 percent of our financial success is
due to ‘human engineering’ skills (personality
and ability to communicate, negotiate and
lead) while only 15 percent is based on
technical skills.
operations cannot meet such promises
to the customers. Sales leaders then
rebuke operations for incompetence
and indifference.”
When this happens, the two
teams will cease to see themselves
as part of the organisation with
a common goal. Resentment will
brew and the company often ends
up paying the price in terms of poor
65. 12 THE GRADUATE Jan-Mar 2013
Special report
sales performance, wasted time
and opportunities, as well as loss of
customers. The company’s reputation
takes a hit and leaders who persist in
their old ways may find themselves
becoming a liability to the companies
they serve.
Low EQ & No Action
Dr Karol Wasylyshyn, Adjunct Profes-
sor of Clinical Psychology at Institute
for Graduate Clinical Psychology at
Widener University and author of Be-
hind the Executive Door: Unexpected
Lessons in Managing your Boss and
Career, shared a story of how one of
her clients refused to accept the 360-
degree report that she had compiled
based on feedback from his company.
“He was very self-focused and
very narcissistic. The only thing
he really cared about was his
relationships with the people at the
top and looking good,” described
Dr Wasylyshyn.
After her client confronted his
leadership team about the report in
a meeting, he was later told behind
closed doors that if he did not make
an effort to change his behaviour, his
retirement would be accelerated as he
was close to retiring then.
“And he would not hear of it, his
defences were so strong and that was
what happened,” she commented.
“They accelerated his retirement and
they put someone else in the job.”
“It starts with the intention.
Leaders have to decide that they
need to evolve in that way,”
Dr Wasylyshyn concluded.
Mr Tan shares the same view,
“The will to have EQ has to do with
whether we care enough about our
staff or colleagues. If a leader does not
care about people or their well-being,
they typically lack the ingredient to
have high EQ.”
Having low EQ does not mean
things cannot get better. As long as
there is the intention and motivation
to improve, a company can still be
taken to new heights even when
things seem bleak. Chade-Meng
Tan, best-selling author of Search
Inside Yourself, shared the story3
of
Patagonia, a company that makes
outdoor clothing and gear. Casey
Sheahan, the CEO, had wanted to
lay off people during an economic
downturn as he thought that was the
only solution available to him. His
wife, Tara, then asked him, “Are you
making this decision out of fear or
out of love?”
When Casey realised that he was
acting due to fear, he decided not
to lay off people and this decision
eventually paid off when the company
achieved record sales the year after.
Imagine what it would have been
like had Casey gone through with the
layoffs. He would have to spend extra
time and money to hire new people
and train them properly.
“Even when it is ‘obvious’ that
you have to fire people, if you see
things in an emotionally intelligent
way, it turns out that it may not be
the only solution. There may be other
creative solutions that enable better
outcomes,” said Chade-Meng.
What EI is Not
While being considerate of other
people’s feelings is a key trait of
being emotionally intelligent,
Dr Granville stressed that EI is not
about being ‘nice’. “Leaders should
demonstrate emotional competence
and lead with ‘Love’ which refers
to a strong affiliation and coach-
ing leadership style with care and
humility, instead of using ‘Fear’
which refers to a coercive leadership
style,” said Professor Sattar Bawany,
Master Executive Coach of Executive
Development Associates. “Flexible
leadership, however, involves being
able to adapt your leadership style
according to the situation and the
state of the team.”
It is clear that EI is the critical
currency that sets a leader apart from
his peers and propels an organisa-
tion to success. Of course, there
are exceptions where leaders who
lack EQ are tolerated because they
bring in the results. But the minute a
major crisis hits the company, when
people’s emotions are at their most
turbulent, it is the wise leader who
will seek to improve their EQ to keep
up with their company’s changing
needs with a softer touch and more
creative solutions.
“Leaders should demonstrate
emotional competence and
lead with ‘Love’ which refers
to a strong affiliation and
coaching leadership style with
care and humility,
instead of using
‘Fear’ which refers
to a coercive
leadership style.”
Professor Sattar Bawany
Master Executive Coach
Executive Development Associates
1. Cavallo, K. & Brienza, D. (2001). Emotional competence and leadership excellence at Johnson & Johnson: The emotional intelligence and leadership study.
2. Gosling. M (2006). The Emotional Intelligence of Managers in Singapore
3. http://knowledge.wharton.upenn.edu/article.cfm?articleid=2992