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Takeaways from the 2017 Singapore Management Festival

18 Dec 2017

The Singapore Management Festival (SMF), SIM PD’s flagship annual event, brought together the world’s best management thinkers, local and international business leaders to share thought-provoking ideas on best practices and management trends that are essential to dealing with an ever-changing and unpredictable business landscape.

Led by a trio of keynote speakers, the Festival drew hundreds of participants over three days at SIM’s Performing Arts Theatre. Here are some key learnings from the event.

To Act Differently, We must Think Differently

All our actions and behaviours come from how we feel and that comes from the words and pictures in our head. To act differently, start by looking at how we think by changing the pictures and words in our heads. This will in turn affect our actions.

Reframe Questions to Think Differently

Questions can be asked in interesting and fun effective ways to help reframe the way we think. For example, to evaluate our productivity at work, one might ask “What if I only had four hours a week to work?”, “Which aspects of work do I spend my time on?”, and “How would I prioritise my time on the things that matter?”

Trust (T) = [C (Credibility) + R (Reliability) + I (Intimacy)] / E (Ego)

Trust is the social capital we all need to build with our colleagues, staff, family, and friends. To boost this, focus on increasing your credibility, reliability, and intimacy, and reducing your ego. Trust is needed in the 6C’s of high performance (Cooperation, Collaboration, Cognition, Coaching, Communication, and Challenge) for them to happen.

Performance psychologist Jamil Qureshi drew on his concept of the 6C’s, Cooperation, Collaboration, Cognition, Communication, Challenge and Coaching, to demonstrate how a team can build trust internally.

Change of Perspective—making a One-Degree Change

Sometimes it is easier to change a hundred things one per cent then it is to change one thing 100 per cent. It’s about taking one of two parallel lines and moving it by one degree – it may not seem much when you start, but it will be a huge difference when you finish. 

Start Small, Consistently

Ninety-nine per cent of the time, we think that creativity and innovation is about coming up with a big original idea, but it’s not. The hard part is in making things happen despite our fears and doubts about it – start with small pieces and achievable chunks. This allows for flexibility and growth along the way.

Artist Red Hongyi encouraged the audience to start small, 
even if it seemed daunting – many small steps equal a big step forward.

This is the first part of excerpts extracted from Today’sManager
Stay tuned for the second part of excerpts.

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