Design thinking and digital transformation are terms that have been growing in prominence and importance in Singapore. Despite hearing the words being thrown about, it can still be difficult to get a precise hold on what they mean and how to apply them in business.
Designing is a complex and abstract process. It involves identifying the requirements, researching, generating and expanding on ideas, producing the design, testing, analysing and then potentially redesigning it. When entering a new market, design is inevitably THE aspect of your business which presents and defines your product or service to consumers. However, cultures, attitudes and consumers differ globally, and while an offering may receive a roaring response in one market, that is no guarantee that it will be successful in another market.
Regional Expansion. Up Close and Personal. – An interview with MING Labs
As part of our cross-border interview sessions, we’ve gathered personal insights from technology and digital investors, business owners and practitioners in Asia, across disciplines, to better understand some of the sweet spots as well as challenges in markets they have established themselves in.
Starting with China, we speak to Sebastian Mueller, partner and head of operations at global user experience and digital innovation company MING Labs.
Is the scenario above familiar in your everyday work life? Does your business have a lean team that aims to pursue every potential opportunity?
Eventually, your team will be unable to focus on growing the business as non-important functions vie for time and demand skillsets your team may lack.
How then can businesses improve and achieve more?
When models walk on the runway, they are judged entirely by how they look and strut in their outfits. The attendees don't really know them, but they know the models are good at their jobs because they are chosen to walk on the runway and exude confidence. One gig leads to another, models who walk the stage contracted by big brands.
To outsource or not, that is the question
With the benefits to gain from outsourcing, nobody can blame you for treating it as a business cure-all. After all, what better (or appealing) solution is there than having someone to handle your challenges? However, understanding when to outsource is the first step to gaining a competitive advantage with it.
Here's some guideline to help you decide when you should outsource to a freelancer (i.e. when you want the effortless way of getting results):
As much as we like our freedom and flexibility to choose work and work anytime and anywhere across the globe, there are also a few downsides of being a freelancer. Paying attention to these downsides such as irregular income, late payments, disputes with clients and more, is crucial and can potentially break your career as a freelancer (and dragging yourself back to a 9-5 job).
Did you know that it takes an average of 29 days to hire someone through referral and an average of 55 days through a career site? Not to mention the time spent on administrative HR work and the long interview process.
What if you need someone to come in faster? Time is money in business, so what is the solution?
On 6 September 2018 at the Marina Bay Sands Expo and Convention Centre, over 500 attendees from various SMEs and industries gathered for the first gig economy conference in Singapore, The Future of Work, to learn how to navigate the evolving business landscape and tap onto the new world of work - the gig economy.
Join hundreds of like-minded people to learn and share best practices about the Gig Economy.
We have invited amazing expert-led guest speakers to inspire you on how you can do things differently and grow your business in a whole new way.