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Singapore is most “change ready” country in the world

Singapore is most “change ready” country in the world

Singapore was able to top the charts of the KPMG 2015 Change Readiness Index. The Change Readiness Index (CRI) assesses the ability to manage change and cultivate the resulting opportunity. 127 countries were ranked from around the world. Switzerland, Hong Kong, Norway and the United Arab Emirates follow Singapore to create the top 5 in the CRI.

The CRI was developed in 2012 and is the only global study of change impact of its kind. The CRI was produced in collaboration with Oxford Economics. It is commonly used as a tool to provide reliable information. CRI supports the work of governments, civil society institutions, businesses, and the international development community.

CRI analyzes select factors that influence a country’s capability to manage change. These factors are separated into three pillars: Enterprise Capability, Government Capability, and People & Civil Society Capability. Sub Indicators within these pillars are scored and ranked accordingly. The study also provides strengths and opportunities evaluations for each country in the study. This framework is effective in clarifying what areas the country strives in and what it needs to improve upon.

“The CRI is designed so that users can drill down in each of the pillars for an in-depth picture of a country’s performance for each capability, gaining an understanding of why some nations perform better than others, and what could be done to close the gap,” said Adrian Cooper, CEO of Oxford Economics. “Change readiness is complex, and the CRI enables governments, NGOs and private investors to go beyond headlines, unravel this complexity and ultimately make more informed decisions.”

KPMG provides examples of situations in which a government would have to mitigate potential negative impacts. These include shocks such as financial and social instability and natural disasters; political and economic opportunities and risks such as technology, competition and changes in government.

Although Northern and Western European countries dominated the top 20 of the CRI, Singapore presents an interesting model. Singapore demonstrates the benefits of effective policy and investment in compensating for lower levels of wealth. In a quest for a Smart Nation, Singapore’s first priority is to take care of the citizens. By doing so, they are preparing them for change and rapid development.

KPMG describes Singapore’s strengths in economic openness, health, and government strategic planning and horizon scanning. These concepts can be attributed to the Smart Nation vision. Singapore government is working with a long term vision. With this great vision, it must collaborate with others around the world to bring it to life. The ability to manage change, and avert shock, displays Singapore’s strength.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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