PMC-PD - sbacc
Transcription
PMC-PD - sbacc
PMC NNECT S B ACC ’s N e ws l e t t e r Issue 2016 February - March | www.sbacc.org.sg + SBACC Launches Productivity Domain Certification THE ART OF MENTORING: A Meaningful Way to Create Mutual Growth MANAGEMENT MESSAGE Feb - Mar CONTENTS 03 COVER STORY The Value of Working with a PMC-Productivity (PMC-PD) 04 UPCOMING EVENTS: Singapore Business Mission to Washington DC In Conjunction with SelectUSA Investment Summit 05 PMC SAYS The Art of Mentoring : A Meaningful Way to Create Mutual Growth 08 SME STORY Right man for the job! 10 UPCOMING EVENTS: • WHAT IS THE VALUE OF IP • CHANGING TRENDS IN HUMAN RESOURCES / BUSINESS NETWORKING ISO/IEC 17024 Cert No. PC-2015-01 Sin g apore Bus i ness Advi s o rs a n d Con sulta nts Co u nc i l 2 Bukit Merah Central #18-03 , Singapore 159835 Tel: +65 6272 3238 Fax: +65 6273 3023 Power Up Your Year of the Monkey with a Productivity Certification and Grow Your Professional Credentials SBACC wishes one and all a very Happy Lunar New Year! As we begin the year of the Red Fire Monkey with all wishes for an abundant and fruitful year, we also know that productivity will continue to be a key driver for continual growth, as reported in the 30 October 2015 edition of the Straits Times, in the article “Tharman: S’pore on track to raise productivity growth”. SBACC aims to help PMCs attain due recognition from government and private sectors through a new domain certification: PMC-Productivity (PMC-PD). The PMC-Productivity (PMC-PD) designation will help businesses identify management consultants who are experts in the area of productivity, who can help them elevate their businesses to greater heights. SBACC is pleased to offer a special launch package for the PMC-PD certification for those who apply by 20 July 2016. Please read page 3 for more details on this new domain certification. To kick off SBACC’s activities for 2016, PMC Elizabeth Chan will be speaking at a PMC Sharing & Networking session on the afternoon of 26 February. The topic “Changing Trends in Human Resources” is indeed timely as companies begin the new year planning and formulating new strategies. Karen Gordon Mills who served as the 23rd Administrator of the U.S. Small Business Administration said: “Small businesses, you can give them capital, but what they often need as much is mentoring, advice and help with their business plan”. But what and how should mentoring be like? SPMC Dr Sandy Chong shares her views on mentorship and how one can reap the benefits of this valuable form of learning in her article “The Art of Mentorship” on page 5. Happy reading. www.sbacc.org.sg | [email protected] | [email protected] | www.facebook.com/sbaccsg editorial SBACC MARKETING DEPARTMENT design UNIT ONE STUDIO Lau Chuen Wei (MISs) Executive Director FEB - MAR 2016 | 02 COV E R S TO RY O ne of the top challenges for most businesses is raising productivity. To help them on the productivity journey, businesses could seriously consider engaging the services of a qualified management consultant, especially one who has expertise in productivity. The PMC-PD certification is bestowed on a Practising Management Consultant who has proven his expertise and experience in productivity consulting. The Value of Working with a PMC-Productivity (PMC-PD) The 3 key features of the PMC-PD 1 Going beyond the Generic PMC Generic PMCs will need to upskill their knowledge under the PMC-PD framework. The Framework emphasizes developing the PMCs’ capabilities in 4 key areas. Strategy • Implement Business Process Re-engineering Operation Efficiency • Implement Lean, Six Sigma The PMC-PD training modules for the 4 competency tracks Human Capital • Implement employee engagement programme • Promote Innovation • Organisation Development 501: Lead Organisational Design 2 Technology & Innovation • Operations Management Innovation (OMNI) - OMNI@ Technology & Innovation Appreciation 3 Interview and Review by the Industry Experts PMC-PD applicants will need to meet a Review Panel comprising productivity experts, who will further assess their suitability for the PMC-PD certification. During the meeting with the Review Panel, PMCs will need to outline their past and recent productivity projects and must be able to indicate the impacts of their solutions for their clients. Maintain Currency and Relevance PMC-PDs must continuously upskill themselves and keep up to date with the latest productivity trends as well as consult in the productivity arena in order to be re-certified every two years as a productivity specialist. Businesses will see this additional credential as a mark of specialisation and can be assured that PMC-PDs are able to bring productivity improvement and advantages to their organisations. Productivity consultants who are competent in these four areas will play a crucial role in bringing productivity improvement and advantages to organisations, and especially to SMEs. FEB - MAR 2016 | 03 COV E R S TO RY / U P CO M I N G E V E N T What is the Certification Process like? 1 APPLICATION • Submit completed application form and all relevant documents to SBACC • SBACC will review and verify submitted documents 2 3 GAP ASSESSMENT PAPER • Applicant sits for a gap assessment paper comprising 20 multiple-choice questions REVIEW PANEL INTERVIEW • Review Panel will conduct interview and determine eligibility 5 4 CERTIFICATION OF PMC-PD TRAINING (IF REQUIRED) • Upon passing the assessments, the applicant will be awarded the PMC-PD designation by the PMC Certification Board • Applicant may be required to undergo relevant training module(s) and sit the specific assessments in these module(s), as decided by the Review Panel Added Visibility for PMC-PD: This additional certification helps PMCs to stand out from their peers and receive more visibility and recognition as experts in productivity consulting. Organisations will be more comfortable knowing that they can tap the expertise of reliable and qualified PMC-PDs when they search for suitable PMCs from the PMC directory. To encourage more PMCs to add this credential to their resume, SBACC is offering a special launch package to PMCs who would like to take up the PMC-PD certification. This offer is valid till 20 July 2016. Click here to view the details or email SBACC at [email protected] Business Mission Trip 18 -24 June 2016 Supported By : SINGAPORE BUSINESS MISSION TO WASHINGTON DC IN CONJUNCTION WITH SELECTUSA INVESTMENT SUMMIT Singapore Manufacturing Federation (SMF) will be organising a Singapore Business Mission to Washington DC from 18th June (Sat) - 24th June (Fri) 2016. SBACC strongly encourages companies and PMCs to join this mission to explore business opportunities focusing on several specific sectors: Food, Metal & Precision Engineering, Electronics, Aerospace and Environment. Objectives • To explore business and investment opportunities in USA • Mission is held in-conjunction with the SelectUSA Investment Summit 2016, a high level summit organized by the USA government involving leading USA corporations. Find out more here. PMC will be accorded 32 CPD hours (Non-Core, Unstructured). For more information, please contact: Gabriel Tan (Mr), Global Business Groups, SMF at 6826 3085 or email [email protected] FEB - MAR 2016 | 04 P M C S AYS PMC SAYS Dr Sandy Chong [email protected] The Art of Mentoring : A Meaningful Way to Create Mutual Growth P The long-term relationships that result from mentorships can also be a safeguard against the mood swings of a fast-changing economy. icture this: an old master is giving advice to a young pupil. The student listens intently to everything the master says, eager to absorb the older person’s wisdom. The flow of knowledge runs in one clear direction, from one to another. We are all familiar with this picture of mentorship. But is it accurate? Have we forgotten the art of mentoring? How does this apply to consultancy? Why seek mentorship? In startup hubs across Singapore, mentoring is making a comeback. And for good reason. In an industry where Forbes estimates as many as nine out of ten enterprises fail, it makes sense to learn from someone else’s mistakes rather than your own. For an SME owner, having a mentor can be a low-cost, strategic advantage for growth and development. It is a chance to hear a neutral outsider’s perspective of where your business is heading. This type of wholesale appraisal is priceless. Studies have shown that mentored businesses perform three times better than those without a mentor, and mentored businesses survive more than five years which is double the rate of non-mentored business. The long-term relationships that result from mentorships can also be a safeguard against the mood swings of a fast-changing economy. Imagine having a trusted advisor on-call to give you advice when the market suddenly turns. The beauty of mentorship is that it doesn’t have an expiry date; you can return to it at any time. What is mentoring? Despite its buzzword status, mentoring is not well understood, nor widely practiced. It’s so low-profile that mentors often ‘fall’ into the role and don’t even realise they are mentoring until someone points it out to them. Here are a few characteristics that set mentoring apart from other business relationships: FEB - MAR 2016 | 05 P M C S AYS Equality While it’s obvious who is teaching whom in a mentorship, learning is a two-way street. It’s accepted that both parties have valuable knowledge and experiences to share. Mentors don’t need wrinkles and grey hair anymore either. Anyone with the right expertise and attitude can be an effective mentor, which is why you can now find young, tech-savvy professionals mentoring older executives in the use of digital technology and social media. Informality Perspective Cost Unlike coaching, mentoring is more informal and likely to form organically between people with similar aspirations or by word of mouth. Because mentoring is not constrained by deadlines or the pressures of showing a panel how successful it has been, mentorships tend to unfold naturally over months or years, depending on the needs of the mentee. Consultants are employed by businesses to provide hard and fast solutions to operational or technical problems. While coaches are taskoriented and performance driven, mentors are more concerned with the business owner (relationshiporiented) and the overarching strategies that guide a business (development driven). By unpicking a business from the top-down, mentors are able to provide perspective, rather than solutions; to empower the mentee to make his own decisions, not simply dictating the ‘right’ course of action. The act of teaching is a form of personal and professional development which allows mentors to analyse diverse situations, solve problem, and practice empathy. It gives one the opportunity to articulate thoughts and ideas, exercise leadership, and cultivate relationship building. that is built on mutual respect, not just money. This can lead to stronger bonds of trust between mentees and mentors, which help build a long term, possibly fruitful, business relationship for both in the future. Benefits of being a mentor Mentorship doesn’t just benefit the business owners. It is especially beneficial for business professionals looking to advance their careers. The Forbes study in the US showed that mentors advance six times more than those who didn’t mentor. Perhaps the very act of teaching is a form of personal and professional development which allows mentors to analyse diverse situations, solve problems, and practice empathy. It gives one the opportunity to articulate thoughts and ideas, exercise leadership, and cultivate relationship building. All essential qualities of a good consultant. Many mentors cite the personal fulfilment of imparting knowledge and seeing their mentees thrive as the reasons they choose to mentor. In a practical sense, consultants who undertake mentoring work inevitably build up goodwill with clients, improve their reputation, and create stronger professional networks and opportunities for new consultancy work in the future. Mentorship doesn’t cost a thing, except time. Good mentors are driven by the joy of empowering someone rather than by feelings of obligation. Similarly, a good mentee is one who doesn’t waste a mentor’s time and squander valuable advice frivolously. The relationship is one FEB - MAR 2016 | 06 P M C S AYS What makes a good mentoring relationship? Now that we have outlined the nuts and bolts of the mentoring relationship, let’s take a closer look at what makes mentoring an art form. History gives us a clue. One of the world’s greatest mentors, Confucius, did not believe he possessed wisdom. Rather, he thought that true knowledge came from accepting the fact that you don’t know everything. For one, confessing that we aren’t wise and all-knowing can be downright embarrassing. It’s even harder in business, where the fear of losing face often dominates our nobler senses of honesty and accountability. For a business owner, acknowledging the need for a mentor is not a sign of weakness but instead is a move to improving leadership and potential for the firm. In the long term, good mentoring can help make the difference between a good organisation and a visionary one. Other characteristics of a good mentorship is one that has a sustained relationship and one that focuses on critical business issues. This is where a good mentor makes a big difference. Other than having good listening skills, a good mentor reserves judgement and is interested in guiding, not instructing. Keeping this kind of neutral perspective invites mentees to be more open and honest. After all, developing mutual trust is key. A good mentor reserves judgement and are interested in guiding, not instructing. Steps to a mentoring relationship Now that you’ve decided to reach out or offer help, how do you get started? What steps should you take to find a good mentor or mentee? Here are some steps you could take: • Ask yourself WHY you want to be a mentor or a mentee • Identify opportunities of engagement by making a list of those who inspire you, attend forums or seminars where you would meet people who SEEK learning and growth opportunities. • After making the first contact, come up with a list of GOALS you would like to achieve and explore how the mentoring relationship would work for both parties. • Once the relationship is established, meet on a regular basis to DISCUSS the progress and REVIEW learnings. • Every time an achievement is accomplished, celebrate and look at what’s ahead, what’s NEXT. What’s next? Confucius was willing to teach even the simplest peasant, as long as they met him halfway. As such, mentorship is only as strong as the time and effort both parties invest. Time? Effort? Who can afford that! Many of us feel our time is too scarce to spend on someone who isn’t going to provide us with any immediate benefits. But to those who’ve undertaken it, mentoring is far from draining; it’s invigorating. Throughout history, mentoring has shaped some of our greatest thinkers. But in today’s business world, we seem to have forgotten how to do it. We have forgotten its value as an art form that can truly transform lives. The good news is, almost anyone with the right attitude can give or receive mentoring. And if we can better understand how it works, much rich experiences and knowledge could be shared with one another. So get out there and unleash your inner mentor or mentee. FEB - MAR 2016 | 07 S M E S to rY RIGHT MAN FOR THE JOB! a good fit in a consultancy project takes productivity to new heights for BD Medical The Tuas plant had a few key areas that needed close attention, thus the organisation needed a consultant who could understand and deliver the following through the course of the engagement: • Increase plant competitiveness by producing faster, cheaper and better products; • Increase staff awareness and knowledge on how to identify and eliminate waste, improve work flow and more actively engage employees in problem solving. Mr Lawrence Lai, Continuous Improvement Manager heading this initiative, needed Keen Weng to concentrate on relevant areas that will be essential to the success of this continuous improvement project. Some of these areas were: • Clear definitions of continuous AB OVE PMP project review meeting with participants in BD Medical B OT TO M Keeping it fun and creative during the training. T he need to improve work and quality processes while simultaneously wanting to see an increase in productivity level saw BD Medical (S) Pte Ltd engaging the consultancy services of Practising Management Consultant (PMC), Chang Keen Weng from Alpha Consulting & Training Pte Ltd. In line with BD Medical’s Corporate Continuous Improvement programmes, the organisation needed Keen Weng’s professional assistance to shape the BD Medical plant in Tuas towards attaining operational excellence. improvement, team responsibility and roles; • A clear and standardised reporting structure; • Systematic Application of Define, Measure, Analyse, Improve, Control (DMAIC) Methodology and Lean Six Sigma tools; • Effective Problem solving techniques; • Effective Communication and smooth information flow; • Financial and non-financial tracking of results. FEB - MAR 2016 | 08 S M E S to rY The following objectives and scope were established prior to the kick start of the programme: Pro j e c t o b j e c t i v es • process optimisation and delivering the best value to customers • mindset change of all employees Pro j e c t sco p e • Involvement of members from all functions in BD Medical in the Singapore plant • All identified participants are required to attend the following training programmes and implement improvement projects: Productivity Management Programme, Lean Six Sigma Programme, Supervise Team at Work Before the start of each training session, Keen Weng spent hours with the staff learning and understanding the organisation’s processes . With this background he could tailor the course material and presentations to address specific needs and meet expectations of the various departments. As Keen Weng kicked off the training process for the various teams and departments, Mr. Lai could see vast improvements in staff morale, overall operational processes (in delivery, cost, waste reduction, etc) and most importantly, quality and productivity, which were the BD’s priority areas. Keen Weng successfully trained close to 230 executives and workers while also facilitating and mentoring more than 95 improvement projects at BD Medical at the Tuas plant. Keen Weng was highly commended on being a very enthusiastic and dynamic trainer. His knowledge of the topics discussed and industry insights impressed BD Medical tremendously. He had carefully analysed the processes of the various departments and used the training programme to enhance the productivity, improve team work that made participants sit-up and take notice, listen and understand what needed to be done in their work environment to reach the goals of the organization. All this was done with a passion and enthusiasm that was infectious. BD Medical is indeed extremely satisfied with their decision to engage Keen Weng’s consultancy services – they see the value a truly certified and qualified consultant brings to the table. The organisation feels that Keen Weng is an outstanding consultant and coach. He is highly respected in his expertise and offers valuable constructive feedback while enabling one to remain confident in his/her ability to succeed. Keen Weng was able to integrate and facilitate the application of quality, productivity, system and management skills to the project, and in a timely manner. He also displayed effective problem solving skills through identification of root causes, after which he followed through by implementing effective solutions that comprised both corrective and preventive measures. His efforts clearly helped lead BM Medical towards excellent, sustainable operational performance. BD Medical was extremely pleased with Keen Weng’s thoroughness and professionalism. Keen Weng displayed dedication and commitment to this project and his client. Keen Weng says, “I take ownership and pride in my delivery to my clients – BD Medical is no exception. It is an organisation full of talented people and they have a vision. It is my professional duty to utilise my expertise to help the organization reach its goal.” As BD Medical (S) Pte Ltd reaps the rewards of Keen Weng’s expertise, the organisation now strongly advocates the importance of finding the right fit that will translate into results for both the business and the consultant. As BD Medical S Pte Ltd takes the sessions to the next level with Keen Weng, the team is highly motivated and looks forward to continuing such empowering training sessions with Keen Weng. Such an engagement will enhance both personal and business goals while keeping all stakeholders engaged and positive! FEB - MAR 2016 | 09 UPCOMING EVENTS Workshop 8 -10 March 2016 What is the Value of IP I ntellectual property is uniquely different from any other type of property. What factors enhance value? What elements detract from value? This WSQ course seeks to help businesses evaluate considerations for IP valuation to determine the best approach to support their organization’s strategies and assess relevant next steps after IP valuation. What You Will Learn This interactive and practical programme seeks to equip participants with the knowledge and skills to: • Understand the purpose and benefits of IP valuation for your business • Understand the accounting basis that supports an IP valuation model and the sources of authority on the election of allowed IP valuation methods • Apply IP valuation approaches to quantify your valuable intellectual property • Evaluate considerations for IP valuation to determine the best approach to support your business strategies • Assess relevant next steps after IP valuation Please click here to find out more. Venue IP Academy (Singapore) 51 Bras Basah Road, #01-02, Manulife Centre, Singapore 189554 Time 9am -6pm (Day 1), 9am -5:30pm (Day 2) 9am -1:30pm (Day 3) Course Fee • $2,193 per person (inclusive of 7% GST) WDA’s funding support of up to 90% available • $1,765 per person (inclusive of 7% GST) For participants who do not wish to take the course assessments and WDA’s funding. CONTACT Email [email protected] for registration. 26 FEBRUARY 2016 “Changing Trends in Human Resources” / Business Networking A s Singapore is gearing towards a lean workforce with a strong Singaporean core, let us also consider the changing trends in the management of our human capital in the next phase so as to drive corporate excellence. Come join us for an afternoon seminar and listen to PMC Ms Elizabeth Chan share insights that will benefit you in your consultancy. Seminar Outline: 1 Critical HR challenges faced in organisations; 2 Latest trends in HR practices; 3 Importance of adopting a holistic competency HR framework that will enable organisations to be future-ready; 4 What is Competency, types of Competencies & the 5 Dimensions of Competencies 5 Competency & Career Pathing Framework and how they are integrated with different Human Resource functions 6 The advantages of using a Competency-Based Human Capital Management System This seminar will provide valuable information on how to overcome human capital challenges and manage this critical resource effectively through the development and implementation of a Competency HR Framework. The Framework can be used for effective manpower planning; hiring the right people; managing performance to achieve standards and productivity; analysing and determining training needs accurately; managing and developing employees and talents for career progression and succession; retaining knowledge and skills within the organization; as well as motivating and retaining employees. SPEAKER PROFILE PMC Ms Elizabeth Chan is the Founder & CEO of Center For Competency-Based Learning & Development and is a Master Trainer for the WSQ Advanced Certificate in Training & Assessment. With more than 30 years of experience in human resource management & development, and training & consultancy, Elizabeth has, since 2000, developed industry competency maps and standards for various industries under the National Skills Recognition System (NSRS) for SPRING Singapore and the Workforce Skills Qualifications (WSQ) Framework for the Singapore Workforce Development Agency (WDA). Programme Details Date: 26 February 2016 Time: 2pm to 5pm Venue: 2 Bukit Merah Central, Singapore 159835, Level 3 Training Room P303 Fees: $20 for PMC $30 for PMC’s Guest (Non-PMC) 2pm Registration 225pm Welcome 230pm - 345pm Seminar “Changing Trends in Human Resource” 345pm - 415pm Questions and Answer 415pm - 5pm Networking and Refreshment PMC will be accorded 3 CPD hours (Non-Core, Unstructured), PMC-HR will be accorded 3 CPD hours (Core, Unstructured). To register, please click here. For enquiries, please contact either Monica or Sandy at 6272 3238. FEB - MAR 2016 | 10