Retain Existing Talents From Leaving Too, Says Gerakan Chief
No merit in talking without commitment
| No merit in talking without commitment IT was a day-long seminar in London aimed at bringing home talented Malaysians working in the United Kingdom or those who had made it their country of domicile. The list of speakers for last Wednesday’s event was impressive and it is a travesty that it drew just more than 50 participants – Malaysians or those who had links with Malaysia. Perhaps what was significant was that it did not draw the younger crowd, save for a handful of students who had just completed their post-graduate studies, curious to know what awaited them at home. Speaker after speaker delivered glowing reports of Malaysia, most of which were factual. With winter approaching, the gloomy and rainy day prompted one (perhaps in jest) even to suggest that the hot weather and the culinary delights available round the clock in Malaysia should be a consideration. But as they spoke, more than 100 Malaysian bankers were just a few hundred metres away, doing their jobs, oblivious to the fact that the "talent hunters" were in town. They are no ordinary Joes – many of them in their twenties handle big portfolios and are involved in the personal banking and investments of the rich and famous. From one of the participants, I learnt that there are at "least 1,000 Malaysians working in that square mile". That term refers to the financial district in central London which encompasses banks, financial institutions, stock brokers, accountancy firms and the lot. Unfortunately, the Asian Strategic & Leadership Institute and the Centre for Public Policy Studies, which enjoy a good following in the UK, did not manage to get their attention. Maybe they had not heard of the event or did not choose to apply for a day off from work or they could have viewed it as "We heard it all before. Can they tell us something new?" Yes, the economy is flourishing and there are opportunities for talented Malaysians. But some young bankers I talked to earlier in the week had misgivings. They did not question what opportunities were available but what happens after they return and start working, especially in the government, its agencies or the government-linked-companies (GLCs) Will they rise in the organisation, especially the locally-owned financial institutions or in GLCs? In London, they can aspire to become CEOs by sheer hard work and performance. No one cares about race, religion or creed or the prefixes before their fathers’ names. Connections are of no help and the answer to success is just produce more than what is expected. Unless these persons have the credentials and the competence, you don’t go anywhere. As long as they deliver, they get rewarded and move up the ladder and that many Malaysians are heading departments in international banks is testimony of their ability. So, having been in an environment where "the best man wins", can they adapt to a system alien to them? In short, will they be judged on merit? Will meritocracy be the beacon of hope for so many thousands of Malaysians overseas who don’t want to return? Yes, they yearn for the love of their parents and families, who had made sacrifices to send them overseas for education, but without an "equal-opportunities" system, it is now for them to make the sacrifice for their own future. The question of meritocracy was raised at the seminar but the issue was never addressed. Every speaker wanted to be politically correct and none wanted to commit himself. One went to name two senior officials in one GLC, but one swallow does not make a summer. There were assurances that "things can’t change overnight" and that "we are already seeing some changes" but no serious effort was made to deal with it. If concerted efforts are not made to address the issue, it will remain the biggest deterrent when attracting talent to Malaysia. A young woman I met at the seminar had this to stay: "After graduation, I worked in KL for two years and got nowhere. I moved to Singapore and worked for two years during which time I was head-hunted and offered a job in London." If there were equal opportunities, Malaysia would not have lost her. She now works in a private securities company and heads the Asian desk. In a knowledge-based economy, we need everyone on board. However, the system that has evolved and entrenched itself over the past few decades is now our biggest adversary. Changing mind-set and perception can only see success if we make a commitment and see it through to rectify past anomalies. R. Nadeswaran has always championed meritocracy because it is the key to bigger economic success – look at Singapore. Comments:citizen-nades@thesundaily.com |
Updated: 10:09PM Sun, 10 Oct 2010 |
Talents deserve full recognition
Malaysian Awarded First Singapore Youth Olympic Scholarship
Malaysian Awarded First Singapore Youth Olympic Scholarship
Bernama, 13 August 2010
Malaysia’s 12-year-old promising table tennis player Angeline Tang An Qi is among six young athletes worldwide awarded with the first Singapore Youth Olympics scholarships.
Singapore’s Minister Mentor Lee Kuan Yew presented the scholarships here Friday as a legacy of the first-ever Youth Olympic Games which the country is hosting this week, and as part of its commitment to the Olympic Movement.
For the record, the International Table Tennis Federation (ITTF) had selected Angeline Tang as one of the most promising junior players worldwide for the ITTF Hopes Team 2010.
She was also the women’s singles champion at the 2010 Penang Open Championships and 3rd in the Under-13 singles at the 22nd Milo Malaysia Hopes Table Tennis Championships.
The six fully-funded scholarships to the Singapore Sports School aim to encourage the pursuit of excellence and forging of friendships.
The other five recipients are Ebineng Seabe Beryl (Botswana, swimming), Jevina Raydon Sampson (Guyana, athletics), Nieto Herrera Janina Sofia (Peru, table tennis), Ang Wan Qi (Singapore, table tennis) and Phiangkhwan Pawapotako (Thailand, swimming).
Thirty national Olympic committees submitted a total of 54 applications for the scholarships between February and April this year.
In May and June, short-listed candidates were invited to Singapore for interviews and the recipients were informed of their selection in July.
The scholarships are funded by the republic’s Community Development, Youth and Sports Ministry, with operational support from the Singapore Sports School, Singapore National Olympic Council, the Olympic Solidarity and the Singapore Youth Olympic Games Organising Committee.
Source: Bernama
Talent Corp will ensure `brain gain' for Malaysia
Talent Corp will ensure `brain gain' for Malaysia
Comments | New Straits Times, Jun 16, 2010 | by Presenna Nambiar
TALENT Corp, an initiative recently announced under the 10th Malaysia Plan, will work very much like Malaysian Investment Development Authority (Mida) in drawing the best brains to Malaysia, says Minister in Prime Minister's Department Tan Sri Nor Mohamed Yakcop.
"Talent Corp will be a holistic operation under the Prime Minister's office, which will work across various agencies.
"It will work very much like how Mida does, in getting financial capital into the country.
"It will be the Mida for human capital," Nor Mohamed said at a press conference after the launch of the Sunway REIT Prospectus Caymans in Petaling Jaya, Selangor, yesterday.
Mida as the promoter of manufacturing and service industry in
The incentives are given on a case by case basis, rather than a one size fits all solution. Talent Corp, to be set up under the Prime Ministers' Department in 2011, will source for top talent globally, including from among the Malaysian diaspora.
More than 700,000 Malaysians are estimated to be living and working abroad.
Nor Mohamed was responding to a question on how Talent Corp will be different from earlier programmes initiated by the Government, such as the Brain Gain and Returning Expert programmes, which have largely failed to meet its objectives.
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