Opinion: Singapore Inc. leaders need to rethink innovation or die trying

It came as a surprise to me when it was announced that Ng Yat Chung has been appointed CEO-designate for Singapore Press Holdings (SPH), the nation’s print organization that’s now a diversified group of media, property, and healthcare businesses.

Ng’s last corporate assignment was CEO of NOL, the nation’s once proud sea liner. During his five-year tenure, NOL accumulated more than US$1 billion in losses until it was sold to French CMA CGM.

SPH is now struggling as it faces declining revenues in traditional print advertising over the last four years. With Ng at the helm, will SPH see a leader whose experience and leadership are enough to innovate and take on its disruptive online and social media competitors who are winning in mindshare and revenues?

Keep reading at:

https://www.techinasia.com/talk/singapore-inc-rethink-innovation