MOM, SMU to set up Human Capital Leadership Institute
By S Ramesh, Channel NewsAsia | Posted: 29 September 2009 1032 hrs
SINGAPORE: The Economic Development Board is spearheading a new Singapore Leadership Initiative for building Networks and Knowledge (LINK) at One-North.
Speaking at the Singapore Human Capital Summit on Tuesday, Prime Minister Lee Hsien Loong said Singapore LINK will bring together business schools, universities and firms offering professional services in a single campus devoted to leadership and talent development.
He believes this clustering will strengthen the links between research, management and training, encouraging corporations and academia to work together and adopt new best practices.
For example, Towers Perrin will soon launch a study of cross-cultural leadership in Asia, while Watson Wyatt intends to develop human capital risk management tools for Asian companies. Both projects are expected to involve academic researchers.
Meanwhile, within Singapore LINK, the Manpower Ministry and the Singapore Management University will set up a Human Capital Leadership Institute.
The new establishment aims to be the premier institution for raising strategic human capital capabilities in Asia. It will conduct pan-Asian research on important human resource challenges, and offer training and development programmes on leadership and management to global participants.
Mr Lee said one such course will be the Singapore Business Leaders' Programme, catering to senior executives who are expecting to take on regional or global responsibilities.
The programme will provide leadership development, networking opportunities, as well as exposure to leading human resource and talent management practices in Asia.
Mr Lee noted that the future of Asian economies will depend on nations making full use of talent, which is why human capital and leadership development is critical.
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