Would you want a 'bochup' doctor to operate on you if you are on the surgical table?
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Worker Disengagement Continues to Cost Singapore
Disengaged Employees Cost Singapore $4.9 Billion
Highlights from the Above Gallup Survey Results:
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- in today's competitive world, companies & countries are very dependent on an engaged workforce for their success. Gallup estimates that actively disengaged employees cost the Singapore economy about $6 billion in lost productivity.
-best companies & managers understand that people are unique & need to be managed as individuals.
- engagement of its employees may dictate the success or failure of businesses in times to come. Many aspects of running a business or an economy -- such as production processes & information technology -- can be copied, but employees & their engagement levels must be nurtured & managed.
- 62% of the respondents said that their supervisor treats them like a boss
- 38% said that their supervisor treats them like a partner
Why is this significant? Survey findings indicate that engagement is doubled & disengagement is halved, when the respondent is treated as a partner rather than as a subordinate.
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I have no doubt the situation is endemic especially in govt linked companies in State Capitalism S'pore where many retired generals & high ranked officers are 'parachuted' in. Many of these deadwood bureaucrats bring with them 2-3 decades of ordering 'grunts' around type of mentality.
With 94% of workforce 'bochup' of course we see many of them trying to tranquilize their unhappiness through buy buy buy consume consume consume in malls - there's plenty of $$ to be sucked out of these dispirited people.
HI Bro,
ReplyDeleteThis is a nice report but I was hoping you'd use a more recent study. This study is already 6.5 yrs old. Can you still say that it's 94%? Just musing my thoughts.