Healthway Medical Renews Partnership with Regal-Beloit Asia Pte. Ltd. as Corporate Clinic Services Provider

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Regal Beloit, a leading global manufacturer of commercial, industrial, and residential engineering applications, prefers Healthway Medical to ensure employee wellness through providing superior healthcare, which happens to be what the clinic has been delivering its clients. (L-R) Regal’s HR Officer Mariane Rapadas; Facilities and Safety Assistant Supervisor Roman Angelo Munji; and HR Manager Manuel Casimiro, recently penned the renewal of their corporate clinic services contract with Healthway Medical’s Vice President for Sales and Marketing Carmie de Leon; Sales Manager Noreen Arellano; and Sales Specialist Nica Mae Buñales. “We are privileged to work once again with Regal-Beloit in providing their corporate clinic services because we are a firm believer in the philosophy that a healthy workforce translates to a productive business organization,” said De Leon.

Only One Quarter of Southeast Asian Firms Ready for Digital Leadership

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Nearly one-quarter of Southeast Asian businesses are Digital Leaders, a new study by SAP SE and Oxford Economics, the“ Leaders 2020 study” shows. This is higher than the global average of 16%; this new class of high-performing companies is reporting stronger profit growth, higher employee engagement, and cultures that are more inclusive.

These high-functioning organizations have executives who communicate a company-wide digital strategy, keep management and worker skills up to date, and streamline organizational structure.

Analysis of Southeast Asian firms in the Leaders 2020 study also affirms the business benefits of diversity, showing a correlation between those who are leading in digital transformation and those who have a heightened understanding of the importance of diversity. Digital Leaders around the world and Southeast Asian respondents are both more likely to recognize diversity’s positive impact on culture (66%and 62%, respectively), but only Digital Leaders are more likely to see the benefits in financial performance (37% vs. 25%).

Companies have become more diverse in Southeast Asia than in other regions over the past three years. Three-quarters of Southeast Asian respondents saw diversity improvements in the general workforce of their organization, and 42% saw an increase in board and senior leadership, compared with 67% and 34% globally. However, less than 40% in Southeast Asia state that their company has effective diversity programs in place, signaling more could be done, especially at the senior executive and corporate board levels.

The Leaders 2020 study also found that only 61% of Southeast Asian executives (vs. 55% globally) are making data-driven decisions, a key factor that makes a Digital Leader. It is of little wonder that only 62% of Southeast Asian executives (vs. 59% globally) feel that employees are equipped with the skills necessary to keep up with digital technology.

“A diverse workforce encourages bold, innovative ideas to flourish and in turn, presents insights which are only made possible through that diversity. It is of little coincidence that these two capabilities – leveraging data for decisions and maintaining a diverse workforce – both occur for high-performing organizations,” said Scott Russell, president and managing director, SAP Southeast Asia.

The Leaders 2020 research findings for Southeast Asia revealed at SuccessConnect 2016, the premier conference held by SAP SuccessFactors for HR and C-suite executives in Singapore, shows that it pays to be a Digital Leader:

Byline: Don’t Neglect Security in M&A Due Diligence

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Look at any M&A due diligence checklist and you’ll see the same things: financials, customer information, sales, real estate, intellectual property, contracts—and the list goes on. One thing you may not see is information security, and that can be a crucial mistake.

Like any other critical component of running a business, security needs to be right at the top of the list for M&A due diligence. When combining two companies, they often have different and sometimes even incompatible systems and data. That can create opportunities for hackers. If a company is in the news for a merger or acquisition, it’s a fair bet that hackers and data thieves are going to try their hand at breaching its security. A good business decision can turn bad very quickly if security is an afterthought.

A CFO’s job is to realize the optimal business case, mitigate the risk, and protect the company’s assets, both tangible and intangible. In addition to data, some of a company’s most critical assets are its reputation and the loyalty of customers. An acquisition can make customers of both companies apprehensive. If that’s followed up by a massive breach of sensitive customer data, the companies’ customers will flee in droves.

To avoid that worst-case scenario, here are some things to keep in mind during the M&A process.