What Are The Benefits Of Having A Good Project Management Team?
Project management is a growing field used increasingly by businesses of all sizes. It is important to use dedicated project managers to oversee projects from conception to completion. Understanding the right and effective project management techniques can help organisation carry out large-scale projects on time, on budget and with minimal disruption to the rest of the business. Here are the benefits of having a well-trained project management team in the organisation: – Temporary and unique venture A project is a temporary venture, aimed at producing a unique product, services or process. This will mean that there…
Read More
Infographic: What Type Of Leader Are You?
Knowing what sort of leadership style that you are more inclined to, allow you to be aware of your strengths and weaknesses in the workplace. Here is an infographic describing the various leadership style. Image taken from: http://www.humanresourcesonline.net/infographic-type-leader/ Opus Kinetic believes that people are why organisations are successful, and giving people the knowledge to perform well at their job is integral for success. We pride ourselves as the premier provider of knowledge, offering acclaimed in-house trainings, and many others professional training courses spanning from various industries. Our training courses are well researched and updated with the latest…
Read More
Infographic: How Engaged Are Global Employees?
Having engaged staff is one of the main driving factor of success in an organisation. They will also be more loyal as compared to their counterparts who are not as engaged. A large part of being engaged is linked to the feelings of realising their full potential in their respective role in the organistion. In the latest Randstad Workmonitor, it was found that three in four of employees around the globe have expressed that they are engaged in their current position. This sentiment was even stronger in Asia Pacifiic where Singapore, Malaysia and Hongkong have 83% of the…
Read More
Why Is Basin Analysis Important?
Basin is a depression that accumulates sediments. It provides a good record of how the environment has changed over time and what tectonic processes may have been at work. For instance, if fossils are found after drilling into a sedimentary basin, it indicated that that part of the Earth surface was covered by ocean. From the record left In sedimentary basin, we can uncover a lot about the history of the Earth. On top of that, basins are an ideal platform for vegetation to build and decay over time, and millions of years later, due to substantial pressures…
Read More
How Did Malaysia Airlines Save Its Reputation From A Media Crisis?
On 8 March 2014, Malaysia Airlines flight MH 370 departed from Kuala Lumpur International Airport at 00:14, and was due to arrive in Beijing on the same day, 06:30. However, all contact was lost with the plane less than an hour after take off. After word of the missing airplane got out, countries all over the world came together to launch an extensive search for the airline. The carrier had 227 passengers and 12 crew members. Following this incident, the airline was heavily criticised and was faced with public and media scrutiny from all major global media outlets.…
Read More
Combating Money Laundering And Terrorism Financing In Malaysia
A global defence and security giant – BAE Systems, has listed out six criminal types that are responsible for money laundering around the world. This is done so in hope to aid global businesses understand the motivations and modus operandi of criminals targeting their business and to help them fight the threats posed by financial crimes. In today’s digital world, syndicates and criminals are constantly unravelling new channels and finding new loopholes to make the proceeds of crime look like legal tender. Money laundering accounts for RM8.46 trillion every year, and criminals are using more sophisticated method to disguise…
Read More
SMEs Are Untapped Opportunities For The Banking & Finance Industry
A joint study conducted by Deloitte and Visa have shown that in the ASEAN (Indonesia, Malaysia, Philippines, Singapore, Thailand) region, Small and Medium Enterprises (SMEs) have limited access to financing. Despite playing a critical economic role in ASEAN, this segment is still relatively untapped for banks and other financial institutions. It was also pointed out that new business models offered by banks and fintech startups can address SME’s financial and non-financial needs. In ASEAN, SMEs contribute between 30% – 60% of the country’s GDP and contributed 60% – 90% of employment to their workforce. But despite that less…
Read More
New National Skill Framework Launched For Logistic Sector In Singapore
On Friday, 22 September 2017, a new national skills framework for the logistics sector in Singapore was launched. The framework pointed out job roles, career pathways, and existing and emerging skills required in the logistics sector for growth and development. Job positions that will benefit from the new framework are namely warehouse management and operations, freight forwarding and operations, sales and customer service, etc. On top of that, attention was also drew on emerging skills, such as, data and statistical analysis, automation design and cloud computing application. This framework that was implemented seek to benefit people who…
Read More
Well Integrity Management
Since 2009 to 2015, it has been estimated that poor well integrity has cost operators around the world more than US$75 billion. The drop in oil prices and low margins are making operators sensitive to such risks. As a result, more emphasis are being placed on safety well integrity and regular maintenance. Managing Director and founder of Wood Group Intetech, Dr Liane Smith had noted that almost a decade after the first well integrity management systems were implemented, operators are increasingly seeing the value of well integrity, as they are focused on squeezing maximum value from existing assets. …
Read More
Combating Money Laundering And Terrorism Financing
In his keynote address at the Institute of Singapore Chartered Accountants Financial Forensic Conference, Deputy Prime Minister Teo Chee Hean says that authorities will forge partnerships with the private sector to target individuals involved in terrorism financing. Singapore will increasingly use technology and data analytics to tackle cross-border crime and money laundering. The launch of a postgraduate programme on financial forensics by the Institute of Singapore Chartered Accountants aims to cultivate and develop financial forensic professionals. It is also the first qualification that is focused on forensic accountancy offered by a professional body in Southeast Asia. DPM Teo…
Read More