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        <title>Lowyat.NET: Latest topics by seantang</title>
        <description></description>
        <link>http://forum.lowyat.net/</link>
        <lastBuildDate>Thu, 25 Jun 2026 05:58:15 +0800</lastBuildDate>
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        <item>
            <title>Should you Pursue your Passion...</title>
            <link>http://forum.lowyat.net/topic/3236173</link>
            <description>Every piece of career advice includes a mantra about &amp;quot;pursuing one&amp;#39;s passions&amp;quot;, even here on LYN J&amp;amp;C. But are we missing the point?&lt;br /&gt;&lt;br /&gt;Should one always pursue what one likes to do, simply because one likes to do it? What if you suck at what you like to do? Or what if no one values what you like to do, and therefore will not pay you (well) for doing it?&lt;br /&gt;&lt;br /&gt;Are we missing the forest for the trees? Is it the actual process (work) that we like... or do we actually like the results and rewards that are achieved by the process (for eg. achievement, work life balance, providing for your family... things which satisfy your needs and desires... ie. happiness?)? Does the certainty of desired results increase the attractiveness of the process?&lt;br /&gt;&lt;br /&gt;I have paraphrased a few times, Mike Rowe from Discovery Channel&amp;#39;s Dirty Jobs. That the happiest workers are not those who single-mindedly pursue their passion, for passion&amp;#39;s sake. The happiest tend to be those people who bring passion to whatever careers they pursue.&lt;br /&gt;&lt;br /&gt;So perhaps the right sequence shouldn&amp;#39;t be:&lt;br /&gt;&lt;br /&gt;1. Identify your passion.&lt;br /&gt;2. Work on your passion.&lt;br /&gt;3. The rewards will follow (automatically???... not if you suck. Lots of people suck at things they are passionate about).&lt;br /&gt;&lt;br /&gt;Perhaps it should be:&lt;br /&gt;&lt;br /&gt;1. Identify the opportunities... in relation to the environment, your personality, strengths, weaknesses etc, what your competitors are doing and what results you want to achieve.&lt;br /&gt;2. Work on those opportunities. The work will fit you, your skills, the environment... making the process as palatable as possible even if it&amp;#39;s not something you are passionate about.&lt;br /&gt;3. The rewards will make you happy because they satisfy your needs and desires (and there will be a higher probability of rewards because the work fits vs simply working on your passion whatever you think it is).&lt;br /&gt;&lt;br /&gt;&lt;!--QuoteBegin--&gt;&lt;div class='quotetop'&gt;QUOTE&lt;/div&gt;&lt;div class='quotemain'&gt;&lt;!--QuoteEBegin--&gt;&lt;span style='font-size:14pt;line-height:100%'&gt;Why &amp;#39;Follow Your Passion&amp;#39; Is Bizarre Advice&lt;/span&gt;&lt;br /&gt;Posted: 11/29/2013 8:00 AM&lt;br /&gt;Updated: 01/29/2014&lt;br /&gt;&lt;a href='http://www.huffingtonpost.com/cal-newport/follow-your-passion-is-bizarre_b_4350869.html' target='_blank'&gt;http://www.huffingtonpost.com/cal-newport/..._b_4350869.html&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;A couple years ago, I launched a simple experiment. I identified a large group of people, from a variety of different professional fields, who all self-reported to love what they do for a living. I then gave them a straightforward prompt: &amp;quot;tell me your story.&amp;quot;&lt;br /&gt;&lt;br /&gt;My goal was to better understand how people end up passionate about their work. I succeeded in identifying some common patterns, but perhaps equally interesting is what I didn&amp;#39;t find: very few of these happy workers knew in advance what they wanted to do with their life -- their path was more haphazard.&lt;br /&gt;&lt;br /&gt;This conclusion is surprising to many in our culture where &amp;quot;follow your passion&amp;quot; has been canonized as unimpeachable advice.&lt;br /&gt;&lt;br /&gt;But it wouldn&amp;#39;t surprise Mike Rowe.&lt;br /&gt;&lt;br /&gt;In his TEDTalk, Rowe explains that the tradespeople he profiled on his show, Dirty Jobs, are surprisingly happy. &amp;quot;Roadkill picker-uppers whistle while they work,&amp;quot; he said. &amp;quot;I swear to God -- I did it with them.&amp;quot; To Rowe, these experiences began to challenge many of the &amp;quot;sacred cows&amp;quot; he had been taught to believe about work satisfaction. Perhaps foremost of these sanctified ideas he began to doubt was the importance of pre-existing passion.&lt;br /&gt;&lt;br /&gt;&amp;quot;Follow your passion... what could possibly be wrong with that?&amp;quot; Rowe joked in his talk. &amp;quot;Probably the worst advice I ever got.&amp;quot;&lt;br /&gt;&lt;br /&gt;Rowe&amp;#39;s rejection of passion attracted a lot of attention, including over 1.3 million views of his talk. But it&amp;#39;s worth taking the time to dive deeper into his statements to understand exactly what makes his ideas so transgressive.&lt;br /&gt;&lt;br /&gt;In his talk, Rowe points out that many of the happiest people in the country have jobs that no one would ever identify as a pre-existing passion. He cited a sheep herder, a pig farmer (&amp;quot;smells like hell, but God bless him, he&amp;#39;s making a great living&amp;quot;), and a guy who makes flower pots out of cow dung, as examples of unexpected professional contentment. These observations are powerful for a simple reason: They separate career satisfaction from the specifics of the work.&lt;br /&gt;&lt;br /&gt;The pig farmer is not happy because he was born with a pig farmer gene, or because he grew up feeling a deep pre-existing passion for pork. He&amp;#39;s instead happy because he&amp;#39;s making a great living, has tons of autonomy, and does work that&amp;#39;s useful to the world (he raises his pigs on food scraps from nearby casinos that would otherwise go to waste). You could replace pig farming with any number of pursuits, but so long as they yielded these same traits, he&amp;#39;d love his work.&lt;br /&gt;&lt;br /&gt;If we return to my own study of passion, which focused more on white collar work -- programmers, writers, doctors -- than the trades, I found similar conclusions. Few of my subjects followed a pre-existing passion into the careers that they now love. Their contentment instead grew over time as they got better at what they did, and then leveraged this skill to gain traits like competence, autonomy, and impact -- exactly the same types of traits that made Rowe&amp;#39;s pig farmer so happy.&lt;br /&gt;&lt;br /&gt;When you hear about my experiment, or Mike Rowe&amp;#39;s experiences with dirty jobs, our society&amp;#39;s obsession with &amp;quot;follow your passion&amp;quot; begins to seem bizarre. Why, we might ask, do we so easily accept the assumption that we&amp;#39;re hard-wired for a specific economic pursuit? The alternative explanation -- that it&amp;#39;s what you get out of your job, not the specifics of the work, that matters -- begins to seem a lot more reasonable.&lt;br /&gt;&lt;br /&gt;We are, of course, a sound bite culture. So if we hope to discard &amp;quot;follow your passion&amp;quot; as a trope, we need to summarize the Roweian view of the world with something similarly pithy. In recognition of this reality, I&amp;#39;ll end my discussion here with an attempt to satisfy this demand...&lt;br /&gt;&lt;br /&gt;Don&amp;#39;t follow your passion, let it follow you in your quest to become useful to the world.&lt;!--QuoteEnd--&gt;&lt;/div&gt;&lt;!--QuoteEEnd--&gt;</description>
            <author>seantang</author>
            <category>Jobs &amp;amp; Careers</category>
            <pubDate>Sun, 25 May 2014 18:05:55 +0800</pubDate>
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            <title>What is Office Politics.</title>
            <link>http://forum.lowyat.net/topic/2329699</link>
            <description>More like a book review than an article, but I think it generally cuts straight to the chase when it comes to office politics and what are the main games one has to play. A lot of the people in this forum think office politics is either gossip or apple polishing - and that they are above such trivial pursuits. The former are usually people who don&amp;#39;t get along with their peers and the latter are people who don&amp;#39;t get along with their boss. Either way, they are wrong, and their view of office politics is inadequate. This article is a pretty good primer for the unintiated, the oblivious and the ignorant.&lt;br /&gt;&lt;br /&gt;My personal strategy... is to know things. Anything, everything and before everyone else. If you know stuff, you bring information. Information is value. You become a welcome addition to anyone&amp;#39;s inner circle. Keep track of changes, shifts, trends, priorities. It brings opportunities, allies, protection against enemies, and it prevents you from stepping into doo-doo. Like old people say... &amp;quot;if want to beat a dog, also must see who is its master&amp;quot;.&lt;br /&gt;&lt;br /&gt;&lt;!--QuoteBegin--&gt;&lt;div class='quotetop'&gt;QUOTE&lt;/div&gt;&lt;div class='quotemain'&gt;&lt;!--QuoteEBegin--&gt;&lt;b&gt;How to Make Office Politics Work For You&lt;/b&gt;&lt;br /&gt;by Knowledge@SMU, 02 April 2012&lt;br /&gt;&lt;a href='http://www.cfoinnovation.com/content/how-make-office-politics-work-you?utm_source=lyris&amp;utm_medium=newsletter&amp;utm_campaign=cfo_ec&amp;section=features' target='_blank'&gt;Source website&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Backstabbing, gossiping, and the dangerously, flirtatious dance of the corporate moth around the office fire – also known as workplace politics – can be a costly affair. A 2002 British survey found that managers spent an hour a day engaged in politics. Such actions and more cost the UK an estimated £7.8b billion in productivity loss a year.&lt;br /&gt; &lt;br /&gt;A 2007 study by the British organisation Chartered Institute of Personnel and Development found that 60% of managers regard career change linked to promotion as very or extremely challenging.&lt;br /&gt; &lt;br /&gt;Nearly half of the senior executives surveyed said they were unable to cope with backstabbing, conspiracy, jealousy or plotting, while a quarter rated office politics as the toughest challenge they face.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;Dealing with office politics&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;So what should one do about it? There are generally two schools of thought:&lt;br /&gt; &lt;br /&gt;&amp;gt; accept that it’s inevitable and learn to roll with the punches&lt;br /&gt;&amp;gt; join the ‘reject and avoid it’ camp.&lt;br /&gt; &lt;br /&gt;Jane Horan, author of I Wish I’d Known That Earlier in My Career: The Power of Positive Workplace Politics, belongs firmly to the first category.&lt;br /&gt; &lt;br /&gt;“The sad reality is that organisations lose talented managers because they’re ill-equipped to navigate the unwritten rules, or fearful of embracing politics,” she writes. “Most organisations do not teach savvy and [some] managers learn the necessary skills too late. Others put their heads down and hope ‘it’ will go away.”&lt;br /&gt; &lt;br /&gt;Is there such a thing as positive office politics? Horan defines positive politics as the &amp;quot;building coalitions for the good of the organisation&amp;quot; without sacrificing integrity or values while negative politics is framed as &amp;quot;building coalitions for the good of the self only&amp;quot;.&lt;br /&gt; &lt;br /&gt;Most literature on positive office politics tend to focus on looking out for the “self” but this book looks at how a leader might potentially advance the interests of her team if she knows how to get management to back a good idea, and recognise the contributions of the team.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;Savvy = Success&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;To Horan, being able to navigate the often-murky political waters of organisations is a critical leadership skill and a building block for success.&lt;br /&gt; &lt;br /&gt;This means one needs political savvy: being aware of the unwritten rules of operating inside organisations, embracing the political nature of organisational life, and having the skills and intuition to navigate these successfully.&lt;br /&gt;&lt;br /&gt;The book is peppered with cautionary tales of how talented people can be “passed over for promotions, made redundant, or leave organisations because they don&amp;#39;t understand how to work with politics or they refuse to do so.”&lt;br /&gt; &lt;br /&gt;Case in point: A hard worker with a brilliant idea buries himself so deeply into developing this idea that he doesn’t realise that his boss does not have his back. He discovers too late that he’s been a victim of office politics. He loses his job – while the company loses a talented individual.&lt;br /&gt; &lt;br /&gt;If he had political savvy, he would have had a better grasp of the political landscape (who has power, what are the power dynamics, and how to access power). This could have helped him to sell his ideas, get management’s backing, and put his ideas into action.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;Understanding power shifts&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;But how does one become savvy? Horan says the first step is to understand and connect to power – the cornerstone of savvy. Next, learn to self-promote and gain visibility within the organisation.&lt;br /&gt; &lt;br /&gt;Horan uses in-depth examples to illustrate her points. She wrote about how two talented executives, who were not in tune with the ebbs and flows of power, failed to “read” power shifts and were eventually beaten out of the game. This is particularly relevant for executives in the throes of mergers and acquisitions.&lt;br /&gt; &lt;br /&gt;Throughout the book, the author would often stress that putting your head down and getting the hard work done based on technical skills and experience are a good thing – but only up to a point.&lt;br /&gt; &lt;br /&gt;Once a person ascends the corporate ladder, there is a need to understand social dynamics because power and politics are inextricably linked.&lt;br /&gt; &lt;br /&gt;Here, Horan calls for readers to reframe “power” by thinking of it not as a contrived, coercive force, but one that aids decision-making and organisational effectiveness.&lt;br /&gt; &lt;br /&gt;Simply said, when you know how power works, it should be easier to collaborate and to get things done. And if you don’t have the ability to suss out the power dynamics, Horan offers up a practical, systematic approach: map out the network in the organisation and make notes of who holds power.&lt;br /&gt; &lt;br /&gt;Study how one person is connected to another, and how that links back to you and your team – directly and indirectly. Also, examine who might have a stake in your success, who might view you as an obstacle, and your &amp;#39;visibility&amp;#39; to the powerful.&amp;nbsp; With these relationships mapped out, one can then make sense of one’s place within the power grid, so to speak.&lt;br /&gt;&lt;br /&gt;&lt;b&gt;Be your authentic self&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;The second thing one must do to acquire the savvy is to learn authentic self-promotion. It should not be about bragging, Horan insisted, but about making sure good work is visible. “It’s about reframing your thinking, understanding that your knowledge and what you do is vital to the business,” she writes.&lt;br /&gt; &lt;br /&gt;If you cringe at the thought of “self-promotion,” think of it as “story-telling with substance,” she advises. “Even if you don’t like the sound of self-promotion, the ideas [that you share] are important for the organisation and your team. If you manage a team, they depend on you to promote and guide them.”&lt;br /&gt; &lt;br /&gt;Self-promotion can be in the form of sharing thoughts and knowledge from one’s field of expertise that can benefit the organisation. This can be done in an authentic manner if you take a genuine interest in connecting with others and sharing your insights.&lt;br /&gt; &lt;br /&gt;Also, choose a medium that comes most naturally: one-on-one meetings, small group discussions, email or even blog posts.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;Personal brand&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;Next, having a recognisable and personal brand will help a person to communicate his or her strengths, skills and performance.&lt;br /&gt; &lt;br /&gt;If your brand is strong, there is less need to self-promote – so those who are averse to self-promotion could put more effort into building that brand. “A powerful brand provides a connection and elicits a feeling from others. This emotional connection based on authenticity makes for a trusted brand,” says Horan.&lt;br /&gt; &lt;br /&gt;To leverage positive politics, Horan believes organisations and employees need to reframe their thinking and return to the “original definition of politics,” which is to build coalitions for the greater good.&lt;br /&gt; &lt;br /&gt;She recommends that organisations should strive to create a culture of positive politics, where staff are trained to develop savvy skills and paired with mentors to guide them effectively through the organisation’s political waters. This, she concludes, will not only help with talent retention, but also leadership development.&lt;!--QuoteEnd--&gt;&lt;/div&gt;&lt;!--QuoteEEnd--&gt;</description>
            <author>seantang</author>
            <category>Jobs &amp;amp; Careers</category>
            <pubDate>Wed, 02 May 2012 16:14:26 +0800</pubDate>
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        <item>
            <title>What CFOs are made of.</title>
            <link>http://forum.lowyat.net/topic/1781808</link>
            <description>Probably one of the most accessible articles I&amp;#39;ve ever seen (in terms of simplicity and illustration), on what it takes to be a CFO in today&amp;#39;s environment. Covers the frequent questions posted here, namely:&lt;br /&gt;&lt;br /&gt;1. What type of company to join?&lt;br /&gt;&lt;br /&gt;2. What experience to gain?&lt;br /&gt;&lt;br /&gt;3. Professional qualification or MBA?&lt;br /&gt;&lt;br /&gt;4. CPA, CA, CIMA or ACCA?&lt;br /&gt;&lt;br /&gt;5. The role of &amp;quot;politics&amp;quot;... from the perspective of mentorship.&lt;br /&gt;&lt;br /&gt;Overall, a good read to get your head wet.&lt;br /&gt;&lt;br /&gt;&lt;b&gt;The CFO Headhunter&amp;#39;s View&lt;/b&gt;&lt;br /&gt;&lt;i&gt;by Cesar Bacani, 04 March 2011&lt;/i&gt;&lt;br /&gt;&lt;a href='http://www.cfoinnovation.com/content/changing-jobs-cfo-headhunters-view?page=0%2C0&amp;utm_source=lyris&amp;utm_medium=newsletter&amp;utm_campaign=cfo_weekly§ion=features' target='_blank'&gt;CFO Innovation Asia&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('89d34ba8c7d130950f784fcc0c1cc437')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;89d34ba8c7d130950f784fcc0c1cc437&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;Time flies fast when listening to Brian Moore’s war stories. He has spent the last 17 years headhunting and finding dream jobs for senior finance leaders in Hong Kong, Singapore and other places in Asia, first as head of financial services and accounting recruitment at TMP Worldwide and, in 1999, as managing director of his own CFO executive search firm, Brian Moore International.&lt;br /&gt; &lt;br /&gt;Moore spoke to CFO Innovation’s Cesar Bacani about career challenges facing CFOs, the importance of mobility and mentors, and the perennial issue of being an accountant versus having an MBA as the best preparation for becoming a finance chief. Excerpts:&lt;br /&gt; &lt;br /&gt;&lt;b&gt;Tell us what the landscape for CFOs is looking like.&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;They come in all shapes and sizes. I’ve got four CFOs [as clients] right now. All different. One has a lot of experience in working with Asian companies, Asian CEOs, Asian chairmen, Asian owners. He’s an expat and has been here for 20 years. He doesn’t want multinationals. He loves those kind of family-owned local companies.&lt;br /&gt; &lt;br /&gt;He knows how to do road shows and he’s done IPOs. He’s done a lot of M&amp;amp;As, a lot of financial restructuring. You talk to him about doing the accounts, he’d say, Oh, I did that when I was 25. Now I’ve got a really good team, I’ve mentored them and they get those things done while I’m out on a road show with the chairman raising funds for our next project. But I sign off on [the accounts].&lt;br /&gt; &lt;br /&gt;I’ve got another client who’s from the logistics industry. He’s a CFO, but he hasn’t done IPOs, never worked in public companies. You don’t deal with the investment community, you don’t deal with the banks. It’s a multinational, so he reports into a global CFO in the US. So he doesn’t have ultimate responsibility to raise funds, going to road shows, do IPOs because he’s part of a bigger picture. He’s more concerned with economies of scale, strategic cost management, revenue enhancement opportunities, managing cash, just running the business in a more efficient way.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;And the third CFO?&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;She is an MBA from India, living in Singapore. Not a CPA. She’s the CFO for ASEAN and South Asia for a multinational, so she goes out to Vietnam, Sri Lanka, India. She has only worked in commerce and came [to the CFO post] through the financial analyst route.&lt;br /&gt; &lt;br /&gt;The [first] company that she joined out of MBA school in India was this massive multinational giant. They looked at her CV and it didn’t matter that there was no accounting qualification on there. They just saw the business smarts, the analytical skills, the financial acumen. All the roles she’s had since then have all been about analysis and joint ventures.&lt;br /&gt; &lt;br /&gt;She did a JV in China and was director of the board when she was 32. She now wants to move back to India. I’m helping her do that and getting a lot of attention. She can be a country CFO for India who has worked 12 years in India, then got shipped over to do this Southeast Asia role in Singapore, been there for about five years and now happy to go back to India.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;She seems like CEO material.&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;That’s her goal. There are so many different directions to take based on where they have come from. They’re stopping at the CFO post and defining the role based on what they’re bringing into it and what’s necessary, and then from there, you go to CEO. So many different ways to go. For example, the person that used to play the role of head of finance at Credit Suisse here [in Asia] is now a partner in a Big Four firm in the UK. &lt;br /&gt;&lt;br /&gt;&lt;b&gt;And the fourth CFO that you’re working with? How different is he from the others?&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;He has spent 30 years in one organisation but has been posted all around the world. He said to me that he might as well have been with eight different organisations during his time because they’ve all been different businesses.&lt;br /&gt;&lt;br /&gt;Basically he just put his hands up and gone adventuring all around the world. He’s had amazing roles as CFO, as treasurer, in very different businesses [within the same organisation], so he has the ability to go in there and just run with it. But he just doesn’t fly in and fly out. Every role is at least three or four years.&lt;br /&gt; &lt;br /&gt;He’s a CPA who’s joined the organisation from university and just grew there. He’s taken a [retirement] package and is now looking at doing something new, either in Asia Pacific, Middle East or any kind of emerging market. He doesn’t want to go to a corporate HQ in New York or London.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;MOBILITY&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;Is that a good thing or a bad thing, staying in one organisation for 30 years?&lt;br /&gt;I’ve made some inquiries [on behalf of] this person with other companies. There’s a baseless assumption they’re making – 30 years, tarnished with that culture, being inflexible, won’t be able to adapt. My comeback is, let’s look at the spread of countries and spread of business under this big umbrella, all of these big individual organisations. The fact that it’s under one massive company brand is irrelevant.&lt;br /&gt; &lt;br /&gt;But if he did not have that background, if he stayed put in Singapore for 30 years, for example?&lt;br /&gt;Well, I wouldn’t have taken his money because it would be difficult to place him. I probably wouldn’t even put him on a short list for a search. In my Australia days I did a lot of work with BHP before it became BHP. They had a diversity of businesses globally, so you can start in finance in Melbourne, and then you could be working a couple of mines in Chile and then you could be in New Guinea. It was amazing.&lt;br /&gt; &lt;br /&gt;But you had to be mobile. It’s the same with Philip Morris, it’s the same with General Electric, Amex – they’ve got cultures where they move their finance people into unbelievable and diverse experiences. As soon as you say I want to stay home, that’s fine, but ultimately you run out of room. People will pass you by because they are geographically mobile and more flexible. So you kind of get stagnant and then it will probably come to a point where you’d end up leaving.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;But isn’t the person who stays in headquarters the longest the one who has the inside track for promotion because the decision-makers know him?&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;It’s kind of six on one hand and a half dozen on the other. I get people who resist the request to go back to HQ. They can ultimately miss out. The ones who just swallow that bitter pill because they know they have to get back in front and have that visibility may get the opportunity. They might not become the global CFO, but they might become CFO of international as the next step to that [top finance] job.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;So if I’m starting out on my financial career, it’s actually good for me to stand up and say, I want to go to Peru, I want to go to Chengdu?&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;I say to everybody, you have to be opportunistic, be open to ideas and be proactive. You might suddenly get a call from your boss saying: How would you like to go to Moscow? We need you to go over there and get that experience. But at the same time, finance people tend to be a little more reserved, a bit conservative, they don’t self-promote that well. Just stick your hand out, get yourself out there in the traffic and be noticed. Be flexible. Be open.&lt;br /&gt; &lt;br /&gt;You might say, well, actually, I don’t want to go to Moscow. However, I’d love to go to Venezuela. At the same time don’t get lost [from headquarter’s radar]. This person I was talking to yesterday, he’s got two champions at head office who’s helped pave his path. He’s close to them and they track his progress. He’s fortunate that they have been there from the beginning and still there ten years later. That can be quite rare. It doesn’t matter whether you are in rural Africa. Make sure you’re still on the radar [at the head office].&lt;br /&gt; &lt;br /&gt;&lt;b&gt;Is this true of large Asian companies?&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;Not to the same extent [as the Western MNCs], no, it’s quite different. I think a lot of Asian companies are still too young to have that kind of spread . . . Culturally, I wouldn’t say it’s on the same level as, say, P&amp;amp;G, just because they have such a history of doing that [sending people abroad]. I think it’s early days for that [among Asian companies]. They’re not growing organically, they grew by quick acquisitions. Suddenly they get this finance person in sub-Saharan Africa so there’s little need to send someone else from here.&lt;br /&gt; &lt;br /&gt;But if you’re willing to get out of your cushy life in Hong Kong and go and live in Africa for a while, I think that would definitely be appreciated, especially if they just made an acquisition and you go there to integrate that company properly. Whether it’s cultural, systems or financials, I think to get selected by a Chinese CEO to go and do that job, is a massive compliment.&lt;br /&gt;&lt;br /&gt;&lt;b&gt;MENTORS&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;&lt;b&gt;It’s frequently said that mentors are important for career advancement. How do you find the right mentor?&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;Some companies have [a mentorship program] in place, from induction all the way through promotion. But you can’t just sit there and expect it to happen. If you go into an organisation where it doesn’t exist and it’s a foreign concept, then you probably want to push hard to find a mentor. It can be driven by corporate culture or it can be individually driven.&lt;br /&gt; &lt;br /&gt;I know one CFO in Hong Kong, a Hong Kong guy with good multinational background. It’s incredible the volume of CVs he has sent over to me over the last ten years of the people who have worked for him over the last 20 years. They still go to him for guidance. You keep this link with your people who joined you as graduates and now they are heads of companies, but they still seek your counsel. This isn’t company culture. This is him projecting that’s how he likes to do things, that’s how he develops his people.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;But what do mentors like this Hong Kong CFO get out of this?&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;Human nature at its core, we love helping others and we love nurturing. So I think that that’s the satisfaction of seeing someone succeed. It’s like planting a seed and watching it turn into a beautiful flower and strong tree. Whether you’re a parent or whether you’re a good boss, seeing that talent, you nurture that talent, you’re responsible for them.&lt;br /&gt;&lt;br /&gt;&lt;b&gt;Unless this senior person sees you as competition.&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;But a lot of people say you would have done the ultimate job by working yourself out of a job. You have developed a CFO. You have tracked, developed and retained quality staff. This has nothing much to do with the books or running the business. It’s about people leadership. The war for talent is such an ongoing challenge.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;So how would a would-be CFO attract the eye of a good mentor and keep the relationship going?&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;You have to [demonstrate] that you want to learn, that you want to grow. You have to show sincerity and integrity.&lt;br /&gt; &lt;br /&gt;The one thing is integrity. So many people I interviewed [for placement in other companies] just decided to bite the bullet because they see that line blurring. The CFO is the spine of the organisation. If that spine is broken or damaged, then the whole company just can’t keep moving. Do not compromise on everything that you’ve stood for from your studies until now.&lt;br /&gt; &lt;br /&gt;Most people I’ve seen come out with their private companies, working for an owner, I want to do this and I want to do that, and they think it’s allowable . . . The CFO ends up say, I’ve got to get out of here. I’m in a very compromised position, and I’m confused. They can’t divulge too much, but they say, I’ve really got to get out of here.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;CPA VERSUS MBA&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;There’s always been debate as to whether a CFO should be a chartered accountant or have an MBA or both.&lt;br /&gt;An MBA is generally a plus. But not always a must, no.&lt;br /&gt; &lt;br /&gt;You might see a banker with an MBA – it all depends on what the job is. If it’s an externally focused CFO role where you’re fund-raising or doing an M&amp;amp;A or you’re about to list, that’s the kind of person you want. I’ve seen an energy banker coming into an energy company that’s doing an IPO. But they’re going to need a really strong controller under them who’s probably going to come from the Big Four [accounting firms].&lt;br /&gt; &lt;br /&gt;You see people getting to CFO level who have come through more the financial planning and analysis and the management accounting group. A lot of those guys that have CIMA or CFA [qualifications], they basically came out of university and joined a multinational as an analyst or in financial planning. . . You talk to them about what they want to do, they want to be involved in the business. They love taking the results the financial reporting team has given them and actually making something out of it.&lt;br /&gt;&lt;br /&gt;By the time they might have made it as CFO, they might have a controller under them who’s come through the professional services route. Those controllers would be the CPA or the ACCA. They’re the ones who’s doing the regular reporting or statutory stuff and gets the CFO to sign off.&lt;br /&gt; &lt;br /&gt;&lt;b&gt;So a CIMA or CFA qualification carries more weight in a CFO role, and a CPA or ACCA qualification is preferred for a controlling role?&lt;/b&gt;&lt;br /&gt;&lt;br /&gt;You know what, in the CFO role, it doesn’t really matter. Companies just want to see a professional qualification to show that [the CFO has] made some commitment to further study, that they have got their rubber stamp, and the rest comes down to experience.&lt;br /&gt; &lt;br /&gt;I remember a few years ago China.com called in someone as CFO who was the head of regional equity research at Bear Stearns. I think he was covering China.com. What they needed from the CFO there was communicating with the investment community. He wasn’t sitting there doing the financial reporting. There was a team that probably came from the profession who did all that, so his job is more externally focused than internal. He had teams to do [accounting and controlling] but he ultimately signs off on them.&lt;br /&gt; &lt;br /&gt;It really depends on the size of the organisation. If you got enough scale, then you probably have a head of financial accounting and a head of management accounting. Maybe you’ll have financial planning analysis underneath you.&lt;br /&gt;&lt;br /&gt;-end-&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;</description>
            <author>seantang</author>
            <category>Jobs &amp;amp; Careers</category>
            <pubDate>Mon, 07 Mar 2011 14:05:47 +0800</pubDate>
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        <item>
            <title>Singapore F1 GP</title>
            <link>http://forum.lowyat.net/topic/421171</link>
            <description>The article, which appeared today in Singapore&amp;#39;s Today newpaper claims that a confirmation may come as early as next week. The paper&amp;#39;s source also claims that the race (starting 2008) is practically in the bag and all that&amp;#39;s needed is an official announcement.&lt;br /&gt;&lt;br /&gt;&lt;a href='http://sean-the-man.blogspot.com/2007/03/singapore-f1-gp-getting-close-real.html' target='_blank'&gt;&lt;b&gt;http://sean-the-man.blogspot.com/2007/03/singapore-f1-gp-getting-close-real.html&lt;/b&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Other news reports:&lt;br /&gt;&lt;!--QuoteBegin--&gt;&lt;div class='quotetop'&gt;QUOTE&lt;/div&gt;&lt;div class='quotemain'&gt;&lt;!--QuoteEBegin--&gt;&lt;b&gt;Channel News Asia - 4 hours ago&lt;br /&gt;&lt;/b&gt;So it is no surprise then when both F1 and A1 expressed their desire to stage a race here. Singapore authorities have yet to decide whether to accept either one or both offers.&lt;br /&gt;&lt;br /&gt;But with growing interest, and benefits such as making the city more vibrant, some suggest Singapore could play host to both races.&lt;!--QuoteEnd--&gt;&lt;/div&gt;&lt;!--QuoteEEnd--&gt;&lt;!--QuoteBegin--&gt;&lt;div class='quotetop'&gt;QUOTE&lt;/div&gt;&lt;div class='quotemain'&gt;&lt;!--QuoteEBegin--&gt;&lt;b&gt;Yahoo Finance SINGAPORE, March 2 (Reuters)&lt;/b&gt;&lt;br /&gt;Property firm Hotel Properties (HPPS.SI) rose as much as 15.8 percent to S&amp;#036;3.82, on market talk that the property firm has secured rights to host Formula One (F1) motor racing in Singapore, dealers said.&lt;br /&gt;&lt;br /&gt;The firm could not be reached for comment on Friday.&lt;!--QuoteEnd--&gt;&lt;/div&gt;&lt;!--QuoteEEnd--&gt;&lt;br /&gt;Well, stay tuned. I&amp;#39;ll make sure to post the official outcome as soon as it&amp;#39;s announced.</description>
            <author>seantang</author>
            <category>The Fast &amp;amp; The Furious</category>
            <pubDate>Sat, 03 Mar 2007 22:27:07 +0800</pubDate>
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        <item>
            <title>2008 Mitsubishi Lancer</title>
            <link>http://forum.lowyat.net/topic/408995</link>
            <description>No more 4G92, 4G93 and 4G63, but a new 4B11. No more traditional 3-box saloon styling and no more 1.5s, 1.6s or 1.8s that we&amp;#39;re so used to.&lt;br /&gt;&lt;br /&gt;What do you guys think of the new Lancer?&lt;br /&gt;&lt;br /&gt;&lt;!--QuoteBegin-seantang+--&gt;&lt;div class='quotetop'&gt;QUOTE(seantang)&lt;/div&gt;&lt;div class='quotemain'&gt;&lt;!--QuoteEBegin--&gt;The 2008 Mitsubishi Lancer and Lancer Evolution Prototype X was launched at the Detroit Motorshow on 8 January 2007.&lt;br /&gt;&lt;br /&gt;I&amp;#39;ve got some videos... of the launch, the promo video and walkabout tour of both cars by Mitsu&amp;#39;s North American GM.&lt;br /&gt;&lt;br /&gt;But first, I&amp;#39;ve got my hands on the detailed specs list of the North American 2008 Lancer. And since it is a global platform, it should be virtually identical to the next generation Lancer worldwide. So here&amp;#39;s my specifications only review after the link:&lt;br /&gt;&lt;br /&gt;&lt;a href='http://sean-the-man.blogspot.com/2007/02/2008-mitsubishi-lancer-specifications.html' target='_blank'&gt;&lt;b&gt;Specs Only Review and Detroit Motorshow videos&lt;/b&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;One last bit. Assuming a coefficient of drag = 0.33, I ran the specs through my desktop dyno program and the above are the results. Not too shabby... 8.6 seconds century sprint (which is close enough to Mitsu&amp;#39;s claim of ~8s) and a top speed of 206kmh. The big letdown was the weight. If I shave a 100kg off, the century sprint is 8.2s with a top speed of 210kmh... which is much more consistent with the Civic 2.0&amp;#39;s performance.&lt;br /&gt;&lt;br /&gt;&lt;!--QuoteEnd--&gt;&lt;/div&gt;&lt;!--QuoteEEnd--&gt;</description>
            <author>seantang</author>
            <category>The Fast &amp;amp; The Furious</category>
            <pubDate>Sun, 04 Feb 2007 22:29:20 +0800</pubDate>
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        <item>
            <title>Zoe Tay&amp;#39;s Secret to Beautiful Skin?</title>
            <link>http://forum.lowyat.net/topic/358739</link>
            <description>Did you know that swallowing is good for your skin? Well, now you do and Zoe Tay confirms it. Tell your girlfriends  &lt;!--emo&amp;:drool:--&gt;&lt;img src='http://static.lowyat.net/style_emoticons/default/drool.gif' border='0' style='vertical-align:middle' alt='drool.gif' /&gt;&lt;!--endemo--&gt; &lt;br /&gt;&lt;br /&gt;&lt;a href='http://sean-the-man.blogspot.com/2006/09/zoe-tays-secret-to-beautiful-skin-she.html' target='_blank'&gt;&lt;b&gt;&lt;u&gt;http://sean-the-man.blogspot.com/2006/09/zoe-tays-secret-to-beautiful-skin-she.html&lt;/u&gt;&lt;/b&gt;&lt;/a&gt;</description>
            <author>seantang</author>
            <category>Jokes Heaven</category>
            <pubDate>Fri, 27 Oct 2006 11:51:12 +0800</pubDate>
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        <item>
            <title>Humour in Singapore&amp;#33;</title>
            <link>http://forum.lowyat.net/topic/358682</link>
            <description>A few videos that caught my eye recently. They are hilarious... maybe Singaporeans do have a sense of humour after all.&lt;br /&gt;&lt;br /&gt;&lt;a href='http://sean-the-man.blogspot.com/2006/10/lecturer-of-year.html' target='_blank'&gt;&lt;u&gt;&lt;b&gt;http://sean-the-man.blogspot.com/2006/10/lecturer-of-year.html&lt;/b&gt;&lt;/u&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;* A song &amp;amp; dance by a local comedian, Hossan Leong, about what it means to be Singaporean.&lt;br /&gt;&lt;br /&gt;* A skit by some chick named Ruby Pan about English as she is spoken in Singapore. In response to the &amp;quot;Speak Proper English&amp;quot; Campaign.&lt;br /&gt;&lt;br /&gt;* Another skit about speaking Singlish. Damn... just what the hell do they teach in those international schools? Kinda surreal watching 13 year old gwai chai (caucasian kids) speak like Phua Chu Kang.&lt;br /&gt;&lt;br /&gt;* This guy is a lecturer at NTU (Nanyang Tech University). He&amp;#39;s asking for annual feedback about his teaching from his students. Some of the feedback is damn good.</description>
            <author>seantang</author>
            <category>Jokes Heaven</category>
            <pubDate>Fri, 27 Oct 2006 10:03:36 +0800</pubDate>
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