Tags |
|
|
Links |
|
|
Write You - A Tale Of Two Companies
Whether you are a corporate executive trying to manage hundreds of employees, a marketing or sales rep trying to land a new client, or even an entry level gofer just struggling to appease a demanding boss, it is almost impossible to succeed without developing effective communication skills. In fact, effective communication skills are fundamental to almost every successful business interaction- a fact acknowledged by the plethora of courses and seminars offered teaching people how to persuasively convey their ideas and get what they want.However, all too often we forget that communication is a two way street, and that in order to effectively communicate w
What could we read from this statement? It could mean that they are supportive of the merger to create one big giant company, but this is quite unlikely as they will be a takeover subject. Another possibility is that they are against the one-bus-one-rail industry structure advocated by their rival. It is not hard to think why they are against bus-rail competition because the bus company could employ a bus network strategy that degrade the attractiveness of feeder buses to train stations while offering direct trunk services that offer door-step services or point-to-point services to compete with the trains (which SBS Transit is already doing so by replacin
We hear how difficult it can be to be a single mother and hold a career. A few fathers may have this problem so it applies equally to all those single fathers out there as well. Few of us know really how many hurdles these woman (single parents) have to go through in order to advance in their careers. Hurdles often include skills, wages and competing interests.The Department of Labor states that about 69% of all single mothers are working. This number shows some indication of decline as the economy sours. Since such woman have competing interests, have more problems, often less skills, and must balance between work & family they are typically one of the
ComfortDelGro is the “world’s second largest public listed land transport company with a fleet of more than 40,000 vehicles”. It is the parent company for Comfort and SBS Transit which are the market leaders in taxi and bus industry in Singapore respectively. SMRT, the market leader for train services, is a multi-modal public transport company offering train, bus and taxi services, as well as expertise in consultancy and project management in railway systems. Both companies have advertising arms.
In a newspaper report by The Straits Times (attached below), it was reported that ComfortDelGro has submitted a position paper to the Ministry of Transport, giving their two-cent worth on how the public transport industry should be structured. Two specific suggestions are given: to merge with rival SMRT to create one big giant transport company, or to have two separate companies with different areas of expertise – one running buses while another operating trains. (Note: It should be quite obvious that SBS Transit will be the natural bus company and SMRT will be the train company).
It is not hard to fathom why ComfortDelGro is keen to push for the two scenarios because they will have the upper hand in both scenarios. For the first scenario, if they were to merge with SMRT, it would most likely to be a take-over exercise rather than merger. With a market capitalisation of S$4.8 million over SMRT’s S$2.6 million and a ferocious appetite for aggressive acquisition, it would be quite unthinkable that they are willing to “merge” with SMRT. I speculate that they would have said something like this in their position paper:
Having a one giant company would create a company that can offer a holistic transport solution to Singapore with economy of scale. Also, by taking over merging with SMRT, we will hasten the process of achieving our mission of creating the world’s number one land transport operator. This would be Singapore’s pride: the largest land transport operator which is profitable.”
For the second scenario, though left with buses only, they will be able to use buses to compete with the trains by offering point-to-point services and direct bus services which are what the passengers wanted – faster and more direct services without the hassle of transfers.
Hitherto, SMRT has not yet put forth any position paper. Judging by their rival’s move, I would think they would be forced to come out with one. Already, they are managing shareholder and market’s expectation by responding to media about the position paper submitted by ComfortDelGro. A day after the news was reported, SMRT responded:
“(SMRT) Having operated trains and buses for over five years, we have grown to understand the synergistic benefits of a multimodal model. This is our preferred mode.”
What could we read from this statement? It could mean that they are supportive of the merger to create one big giant company, but this is quite unlikely as they will be a takeover subject. Another possibility is that they are against the one-bus-one-rail industry structure advocated by their rival. It is not hard to think why they are against bus-rail competition because the bus company could employ a bus network strategy that degrade the attractiveness of feeder buses to train stations while offering direct trunk services that offer door-step services or point-to-point services to compete with the trains (which SBS Transit is already doing so by replacin
Today, Trade shows are an integral part of the promotional campaign of a business. The particular activity becomes a necessity if the business or company is introducing a new service or launching a new product. Trade shows provide proper exposure to the product and service. First Trade Show provides different types of trade show products and printing services like trade show exhibit rentals.A trade show is an occasion where the business comes in direct contact with the customers; it can therefore solve any doubts or queries in the customer’s mind and remove any misconceptions they may have. A trade show can thus create a lasting impact on the customer
It is not hard to fathom why ComfortDelGro is keen to push for the two scenarios because they will have the upper hand in both scenarios. For the first scenario, if they were to merge with SMRT, it would most likely to be a take-over exercise rather than merger. With a market capitalisation of S$4.8 million over SMRT’s S$2.6 million and a ferocious appetite for aggressive acquisition, it would be quite unthinkable that they are willing to “merge” with SMRT. I speculate that they would have said something like this in their position paper:
Having a one giant company would create a company that can offer a holistic transport solution to Singapore with economy of scale. Also, by taking over merging with SMRT, we will hasten the process of achieving our mission of creating the world’s number one land transport operator. This would be Singapore’s pride: the largest land transport operator which is profitable.”
For the second scenario, though left with buses only, they will be able to use buses to compete with the trains by offering point-to-point services and direct bus services which are what the passengers wanted – faster and more direct services without the hassle of transfers.
Hitherto, SMRT has not yet put forth any position paper. Judging by their rival’s move, I would think they would be forced to come out with one. Already, they are managing shareholder and market’s expectation by responding to media about the position paper submitted by ComfortDelGro. A day after the news was reported, SMRT responded:
“(SMRT) Having operated trains and buses for over five years, we have grown to understand the synergistic benefits of a multimodal model. This is our preferred mode.”
What could we read from this statement? It could mean that they are supportive of the merger to create one big giant company, but this is quite unlikely as they will be a takeover subject. Another possibility is that they are against the one-bus-one-rail industry structure advocated by their rival. It is not hard to think why they are against bus-rail competition because the bus company could employ a bus network strategy that degrade the attractiveness of feeder buses to train stations while offering direct trunk services that offer door-step services or point-to-point services to compete with the trains (which SBS Transit is already doing so by replacin
Have you ever wondered why the people in your team don’t seem as motivated as you do? Or why some people do their jobs with enthusiasm and vigor, and others barely get through the day without taking the frown off their faces?You are not alone. The topic of human motivation has been studied for hundreds of years. So it’s a topic we know a lot about. Unfortunately it’s not often taught to managers as part of their training.There are things you can do to influence how much energy people are willing to put into their jobs. Below are 5 critical things to know about motivation.1. We can’t motivate other peopleMotivation is not something we
Having a one giant company would create a company that can offer a holistic transport solution to Singapore with economy of scale. Also, by taking over merging with SMRT, we will hasten the process of achieving our mission of creating the world’s number one land transport operator. This would be Singapore’s pride: the largest land transport operator which is profitable.”
For the second scenario, though left with buses only, they will be able to use buses to compete with the trains by offering point-to-point services and direct bus services which are what the passengers wanted – faster and more direct services without the hassle of transfers.
Hitherto, SMRT has not yet put forth any position paper. Judging by their rival’s move, I would think they would be forced to come out with one. Already, they are managing shareholder and market’s expectation by responding to media about the position paper submitted by ComfortDelGro. A day after the news was reported, SMRT responded:
“(SMRT) Having operated trains and buses for over five years, we have grown to understand the synergistic benefits of a multimodal model. This is our preferred mode.”
What could we read from this statement? It could mean that they are supportive of the merger to create one big giant company, but this is quite unlikely as they will be a takeover subject. Another possibility is that they are against the one-bus-one-rail industry structure advocated by their rival. It is not hard to think why they are against bus-rail competition because the bus company could employ a bus network strategy that degrade the attractiveness of feeder buses to train stations while offering direct trunk services that offer door-step services or point-to-point services to compete with the trains (which SBS Transit is already doing so by replacin
Once an entrepreneur has grown from working in his basement or garage to having employees the question about benefits will ultimately rise. That leaves small business owners in cross roads between spending money on benefits and spending money on growth. Offering benefits may be a necessity if qualified talent is going to be retained.An informal study conducted among doctoral students at University of Phoenix found that there is an inverse relationship between perceptions of benefits and likelihood of leaving an organization. For example, when benefits are perceived to be high there is less likelihood that the doctoral candidates will leave their organiza
For the second scenario, though left with buses only, they will be able to use buses to compete with the trains by offering point-to-point services and direct bus services which are what the passengers wanted – faster and more direct services without the hassle of transfers.
Hitherto, SMRT has not yet put forth any position paper. Judging by their rival’s move, I would think they would be forced to come out with one. Already, they are managing shareholder and market’s expectation by responding to media about the position paper submitted by ComfortDelGro. A day after the news was reported, SMRT responded:
“(SMRT) Having operated trains and buses for over five years, we have grown to understand the synergistic benefits of a multimodal model. This is our preferred mode.”
What could we read from this statement? It could mean that they are supportive of the merger to create one big giant company, but this is quite unlikely as they will be a takeover subject. Another possibility is that they are against the one-bus-one-rail industry structure advocated by their rival. It is not hard to think why they are against bus-rail competition because the bus company could employ a bus network strategy that degrade the attractiveness of feeder buses to train stations while offering direct trunk services that offer door-step services or point-to-point services to compete with the trains (which SBS Transit is already doing so by replacin
Shipping Company delivers almost anywhere in the world. Masters of logistics the shipping co will take care of your needs whether it is just to the next state or thousands of miles over land and sea. No matter what size or shape there will be a shipping co that will be able to take care of it for you Today's shipping companies can be responsible for moving thousands of container loads per year all around the globe. The movement of goods so vital for economies is all handled by computers and experts who never have to leave their offices.Shipping companies are not all about big business. Every time we send overseas we are using some shipping co or other
What could we read from this statement? It could mean that they are supportive of the merger to create one big giant company, but this is quite unlikely as they will be a takeover subject. Another possibility is that they are against the one-bus-one-rail industry structure advocated by their rival. It is not hard to think why they are against bus-rail competition because the bus company could employ a bus network strategy that degrade the attractiveness of feeder buses to train stations while offering direct trunk services that offer door-step services or point-to-point services to compete with the trains (which SBS Transit is already doing so by replacing feeder services with passing through trunk services). Without the support of feeder buses, the trains will be left with pockets of small catchments area around the train stations.
What then is the government preferred industry structure? Minister for Transport Raymond Lim had previously state that there is no sacred cow that cannot be slaughtered, but they would not be slayed for the sake of doing so. Ultimately, with a pragmatic government, what is more important is to find solutions that achieve the outcome they want, rather than be engaged in an academic argument that debate which theoretical model best fit Singapore.
So far, the Ministry has made clear that in the next 10 to 15 years, the key solution to land transportation is to make public transport more attractive. It can no longer act as a captive market which attracts users who are unable to afford a car. As part of the land transport industry review, Ministry of Transport and Land Transport Authority have lately engaged the public in first of the many focus groups. One issue touched on is the possibility of bus route-tendering system, where bus routes are centrally planned by an independent body while the operation of the routes is being awarded to bus transport companies through competitive bidding.
In light of this, you might want to add one more possible industry structure to ComfortDelGro’s list: one rail company with multiple bus companies with route tendering.
Let us continue to wait in anticipation for the final outcome of the public transport industry review.
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.writeyou.net/article/461/writeyou-A-Tale-Of-Two-Companies.html">A Tale Of Two Companies</a>
BB link (for phorums):
[url=http://www.writeyou.net/article/461/writeyou-A-Tale-Of-Two-Companies.html]A Tale Of Two Companies[/url]
Related Articles:
Finding Staff Who Fit Your Business
Techno Gypsies - Freemasons Of The Third Millennia?
Bookmark it:
|