Dealing With Reality In Business
SME Magazine Singapore|Issue 10, 2021
I used to love the Matrix’s Red Pill / Blue Pill metaphor. Several years ago, I became deeply bummed out about how this metaphor was being used in politics and gender equity situations.

However, I used it today for a company that is doing well and has exceptional strengths and some fundamental weaknesses. This is true of every company that is doing well.

But it’s hard to deal with reality all the time. When things are going well, leaders (and boards) often avoid dealing with weaknesses. Some board members and investors are great at motivating a CEO to level things up. Others aren’t. Some CEOs want to embrace the challenge of levelling up in areas where they, and the business, are fundamentally weak, even if it’s emotionally and functionally challenging. Others don’t, or their own behaviour and wiring get in their way.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM SME MAGAZINE SINGAPOREView All

MAKING 3D WORK IN SPACES

Whether we see a product on social media, in a magazine, or even on TV, chances are that its in 2D. You won’t be able to visualise the product in its entirety.

2 mins read
SME Magazine Singapore
Issue 14, 2021

WHERE WOULD YOU WORK?

SINGAPORE PLACES AMONG THE TOP 10 GLOBAL WORK DESTINATIONS FOR THE FIRST TIME

3 mins read
SME Magazine Singapore
Issue 11, 2021

Best Cities In Southeast Asia For Start-Ups

Southeast Asia is a patchwork of different cultures and countries. But the region shares many characteristics across borders that make it such an exciting place to be – high rates of literacy, governments committed to lifting living standards, and hunger for entrepreneurship.

3 mins read
SME Magazine Singapore
Issue 11, 2021

How Not To Fall Prey To Fake Covid-19 Certs

While the global roll-out of COVID-19 vaccinations continues to accelerate, it’s worth remembering that only around 1% of the world’s population have received their full course of injections. But plans are being made internationally to allow those that have been vaccinated or can prove they have had a recent negative test, the freedom to travel to other countries, attend large-scale events, take a new job, and more.

3 mins read
SME Magazine Singapore
Issue 11, 2021

Is The Customer Always Right?

Is the customer always right?

1 min read
SME Magazine Singapore
Issue 11, 2021

Salespeople Are Not Mind Readers

We, as most businesses, put a lot of work into making it easy for you to find us when you are in need of our services, and rejoice when you contact us. We are ready to help you – but alas, we are not mind readers.

2 mins read
SME Magazine Singapore
Issue 14, 2021

Supercharging The Food Manufacturing Sector

About 1,000 food manufacturers and 50,500 workers can take advantage of the Food Manufacturing Industry Digital Plan (IDP) launched by Ms Low Yen Ling, Minister of State for Trade and Industry.

2 mins read
SME Magazine Singapore
Issue 14, 2021

America's Audacious Plan To Rescue The Economy

Last month, the United States Congress signed off on a US$1.9 trillion pandemic relief plan that will have far-reaching effects on millions of Americans, as well as shake up the world economy.

4 mins read
SME Magazine Singapore
Issue 14, 2021

Down But Not Out: Can Tourism Make A Comeback?

The tourism sector is used to cyclical downturns. When the economy suffers, the first item that people cut is leisure travel. But 2020 was a downturn like no other. With international travel virtually halted, tourism-related businesses have suffered their worst year on record.

4 mins read
SME Magazine Singapore
Issue 14, 2021

Integrating The ‘Smart' Into Buildings

As buildings become smarter, the range of subsystems needed to perform its ‘smart’ functions becomes more and more extensive. Increasingly, these are known as ELV (Extra Low Voltage) system technologies.

2 mins read
SME Magazine Singapore
Issue 13, 2021
RELATED STORIES

Can Aluminum Really Go Green?

Alcoa and Rio Tinto —with a push from Apple—are trying to clean up production of one of the dirtiest metals

6 mins read
Bloomberg Businessweek
April 26 - May 03, 2021 (Double Issue)

Think Like a Disruptor

If you want to shake things up, you must have a mindset that’s different from everyone else’s. Here are three ways to reshape your thinking.

5 mins read
Entrepreneur
April - May 2021

Build Lasting Partnerships

Finding trustworthy vendors and partners is key to growing your business—but it’s a challenging relationship to perfect. We asked six entrepreneurs to share their best methods.

2 mins read
Entrepreneur
April - May 2021

Is This a Business?

Marco Zappia, a former bar director in Minneapolis, has an idea for a cocktail commissary business.

2 mins read
Inc.
March - April 2021

How Small Businesses Can Solve Big Problems

Entrepreneurs are a big-thinking bunch—but how can startups help tackle the world’s largest issues? Planet FWD’s Julia Collins has an answer: Start small.

9 mins read
Entrepreneur
March 2021

A Bank That Keeps Things Simple

It’s not nuts – The 18-year-old coin bank on Casilimas’ desk.

2 mins read
Entrepreneur
January - February 2021

How a Philanthropic Darling Became Political Scandal

A Canadian development charity courted celebrities, enlisted legions of schoolchildren to raise funds, and built a new, commerce-fueled model of philanthropy. Then a Covid relief deal got people asking who was benefiting most

10+ mins read
Bloomberg Businessweek
January 11, 2021

Getting More from Less

Everyone has been forced to cut back in some way—but limitations can lead us to even greater growth. We asked six entrepreneurs: What unexpected benefits have you gotten from change?

2 mins read
Entrepreneur
December 2020

Are We Going Digital Forever?

The pandemic swiftly moved our world online. Once you discover the power of engaging your customers digitally, you won’t want to go back.

3 mins read
Entrepreneur
December 2020

What Makes Peloton, Apple, Netflix, and Tesla Successful?

They’re not just smart companies. They’re vertically integrated companies—and it’s a strategy even small startups can consider.

5 mins read
Entrepreneur
December 2020