Understanding and addressing the Contemporary Social issues and Challenges to effectively achieve and sustain the strategic Competitiveness in Singapore

Tan, Agnes Marilyn Yen Leng (2013) Understanding and addressing the Contemporary Social issues and Challenges to effectively achieve and sustain the strategic Competitiveness in Singapore. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

This research dissertation aims to understand the contemporary social issues and challenges that are endemic to Singapore and to address these issues and challenges so as to achieve and sustain the strategic competitiveness in Singapore.

The pursuit of high Gross Domestic Product (GDP) growth aggressively by the Singapore government has resulted in welcoming foreign direct investments, technology and talents to exploit economic growth and address the greying population.

Over time, this obsession has brewed a lethal concoction of contemporary social issues and challenges of elevated cost of living, widening income gap, reduced productivity and inflation.

Mounting displeasure, job complacency and increasing social disquiet amongst the residents lead to unmotivated employees. This resulted in the firms hiring of foreign talent with lower remuneration which will replace the local native citizens.

These burning issues have escalated into income disparity and social tensions which will threaten the political stability. With the rising operating costs, the firms do not upgrade their business operations or re-train their employees, leading to declining productivity.

The critical findings are essential to understand and derive solutions to achieve and sustain the strategic competitive advantages and economic growth in Singapore. As the contemporary social issues and challenges are alarming, there is an urgency to undertake this research topic.

To facilitate this management project, important references that had been cited and applied include Michael Porter’s competitive advantages, Porter’s Diamond models, SWOT Analysis, PEST analysis and Resource based view framework. Other sources consulted include newspapers, online journals, books and government websites to further appreciate the factual and empirical information from statistics and public opinions to support this research.

Item Type: Dissertation (University of Nottingham only)
Keywords: agnesmarilyn@yahoo.com
Depositing User: EP, Services
Date Deposited: 29 Mar 2022 16:09
Last Modified: 30 Mar 2022 04:30
URI: http://eprints.nottingham.ac.uk/id/eprint/26409

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