We’re going to talk all about succession and business leadership development today. 

While departments such as human resources may be labelled as cost centres, effective talent development and management can reap tangible outcomes for businesses when it comes to the dollars and cents. 

According to a report by the Boston Consulting Group in 2015,” talent magnets” – or companies that rated themselves strongest on 20 leadership and talent management capabilities – have increased their revenues 2.2 times faster and profits 1.5 times faster than their peers with weak practices. 

On this front, the Singapore Business Federation’s Alliance for Action on Business Leadership has released a report to call out opportunities in the local talent development landscape and put forth recommendations on what key stakeholders can do to help Singaporeans earn their place at the corporate leadership table on a global stage. 

But really, what is in it for businesses to train locals for leadership positions? How will local leaders make strategic decisions differently given their understanding of the local market, and how will training local leaders position firms for longer-term growth?

On Under the Radar, Drive Time’s finance presenter Chua Tian Tian spoke with  Frank Koo, Head of Asia - Talent and Learning Solutions at LinkedIn and  Albert Tsui, Executive Director, Advocacy and Policy at the Singapore Business Federation for more. 

We’re going to talk all about succession and business leadership development today. 
While departments such as human resources may be labelled as cost centres, effective talent development and management can reap tangible outcomes for businesses when it comes to the dollars and cents. 
According to a report by the Boston Consulting Group in 2015,” talent magnets” – or companies that rated themselves strongest on 20 leadership and talent management capabilities – have increased their revenues 2.2 times faster and profits 1.5 times faster than their peers with weak practices. 
On this front, the Singapore Business Federation’s Alliance for Action on Business Leadership has released a report to call out opportunities in the local talent development landscape and put forth recommendations on what key stakeholders can do to help Singaporeans earn their place at the corporate leadership table on a global stage. 
But really, what is in it for businesses to train locals for leadership positions? How will local leaders make strategic decisions differently given their understanding of the local market, and how will training local leaders position firms for longer-term growth?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian spoke with  Frank Koo, Head of Asia - Talent and Learning Solutions at LinkedIn and  Albert Tsui, Executive Director, Advocacy and Policy at the Singapore Business Federation for more.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong

Under the Radar: Getting locals on the corporate leadership table – LinkedIn on the ROI of local talent development; Singapore Business Federation on its latest Alliance for Action on Business Leadership Development report