Leadership in a world of business unusual

The ongoing geopolitical tensions have indisputably affected businesses, and the property development sector has not been spared. In an era of business unusual marked by supply chain disruptions, volatile construction costs, and rapid technological shifts, property developers are grappling with rising project risks, unexpected delays, and mounting pressure to deliver tech-enabled, future-ready assets on time and within budget.

Success in this environment hinges on navigating two critical gates: the technology gate and the market gate, bridged by resilient global supply chains that ultimately determine a developer’s competitive position. Mr Lim Swee Say, former Minister for Manpower, NTUC Secretary-General and Minister in the Prime Minister’s Office, shares how Singapore leaders at the national, tripartite and enterprise levels have turned complex challenges into real opportunities for stakeholders. He championed skills upgrading and progressive wage models that strengthened both employability and competitiveness.