The enterprise leadership for transformation programme was announced at Budget 2020 and launched in end October.
60 participants from 38 SMEs will undergo a one year curriculum which will address knowledge gaps in leadership and business fundamentals. The programme will provide specific guidance in drawing execution road maps.
The businesses will be able to view different perspectives and have exposure to collaboration opportunities. Trade and Industry Minister Chan Chun Sing said to the participants that the Government can “equip you with the resources, we can provide (you) with access to advice from partners… but ultimately, you and your leadership teams are the ones who will make it happen.”
The Government has plans to attract select multinational corporations to relocate here. It also will encourage businesses to undergo a deep transformation.
It can be seen that the participants of this programme have come from various industries, such as manufacturing, lifestyle and consumer, and information and communications technology. Most of these companies have expanded overseas and are planning on growing further.
Offered in collaboration with institutes of higher learning, around 900 leaders will be going through the programme over 3 years.
