Dr Chin engaged the audience with his wit and charm injected into an interesting subject that everyone could relate to ~ how to lead in a fast paced world.
Having been in a vantage position as former Chairman and CEO of the Malaysian Institute of Management (MIM), Dr Chin shared pertinent points on the changing environment of Malaysia, and how being a manager was tremendously different 40 years ago compared to the current setting.
“Back then the economy was largely based on agriculture and commodities. The degree of management required was to the extent of managing plantations or mines and delving in an emerging import-substitution oriented manufacturing community.
Today, the economic and managerial scenario is like moving on a fast forward mode. Everyone has an MBA and doing their PhDs. Everything is driven by information and knowledge, and reinforced by global connectivity. At the same time, the market has flattened beyond borders and the global market needs to be served,” said Dr. Chin.
His advice to the managers of Malaysia was divided into four approaches:
- The managerial response
Dr Chin advised managers to develop a global mindset (from jaguh kampong to pahlawan dunia), cope with the information age, innovate, diversify and acknowledge and balance change.
- Developing the Malaysian manager
Dr Chin highlights the importance of acquiring relevant knowledge and competencies, with bias for conceptual, technological and integrative skills.
Holistic education is also important, combined with appropriate experience.
- From manager to leader
To be a good leader, one needs to keep pace and embrace change then renew oneself constantly in order to reflect.
A leader needs to also sustain himself by continuing to self-learn (read, explore and be curious)
Reform from academic credentials to professional certification.
- The managerial challenge
Maintain IQ drive with knowledge and “nutrition”
Enhance EQ relationships via experience and detoxification
Finally, promote SQ values through core values and “oxygenation”.
Dr. Chin concluded his session by reflecting on an apt quote that cleverly encapsulated his hour-long talk ~ cogito, ergo sum which means ‘I think, therefore I am’. He informed the audience that positive thinking is the root to all success.
The Distinguished Speakers Series is a recent label but renowned academicians and speakers have been invited to speak at Sunway since 1989. Today it is aimed at bringing together scholars, the public and students into an intellectually engaging experience that broadens one’s perspective on topics such as business, education and management.
The Series is coordinated by Dr Goh Cheng Teik, member of the Board of Directors, Sunway University College. The talk was free and open to the public.
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