Managerial problems that companies in technology encountered in Singapore
Singapore is still a developing nation in the field of information technology. The companies that deal with the technologies are exposed to numerous managerial problems. These are mentioned below:
Singapore does not have the entire infrastructure as required for a technology market. The employees need to develop understanding of the existing technology and the means to operate them. Further, the changing trends in the external market require resistance of the employees. Also, managers need to manage the diversity and gain control on the technologies. The employees are not highly skilled in this field. Therefore, the managers have the need to motivate and develop the talents among the employees by enabling them to gain insight on the products and the sales aspects.
The major managerial problem arises in the deal with international market. Singapore faces a high competition from the external markets and countries. This implies that the managers are liable to develop the skills of the employees to deal with these international markets and overcome the competition. With the existing infrastructure, the companies are required to impart the right information systems with the employees' engagement towards them (Yeung, 1999). The resistance to deal any sort of requirements and gain advantage on their technologies should be developed among these employees.