The S'ore HP Alumni founded in Feb 02, targets to recruit 1,000 members. Its main geographical coverage will be Singapore. It will also work closely with other HP Alumni round the globe for the benefits of its members.
Welcome! You are visitor no.
BANKING magnate Wee Cho Yaw yesterday spoke strongly in favour of keeping control of family businesses in the family.
The billionaire banker, 77, who is chairman and chief executive of United Overseas Bank (UOB), said such businesses have not outlived their value. ..Read Article...
Cheers, Stan
The S'ore HP Alumni founded in Feb 02, targets to recruit 1,000 members. Its main geographical coverage will be Singapore. It will also work closely with other HP Alumni round the globe for the benefits of its members.
Welcome! You are visitor no.
3 comments:
Both have its pros and cons. There are family-run businesses that have failed too. :-) :-)
Seems that it is a typical issue of the Orientals argument about the family run or professional run. I agree that there are pros and cons about family run or professional run. If you look at those old US multi-national companies, they started off from family and converted to the professional run, which is a necessity for elongate the "life" of the company. There is no guarantee that Mr Wee's son or grandson or greatgrand son enjoyed running business as his. Isn't it HP had done the total transformation already?
I agree with you fully, Wilfred. For each Enron or Worldcom, there are many family-run businesses that had faltered, too.
Post a Comment