WITH the manpower shortage a common refrain among businesses, being able to navigate human capital challenges successfully will be a key competitive advantage to get ahead.
A new forum is being organised by the Tripartite Alliance for Fair and Progressive Employment Practices (Tafep) which aims to help companies make sense of this perennial issue and enable them to tap their greatest asset - their people.
To be held on Jan 21, the Human Capital Partnership - Singapore Press Holdings (HCP-SPH) forum's theme is aptly named "Employee engagement in today's landscape: Strategies to Attract and Retain Talent".
Helmed by the Minister of State for National Development and Manpower Zaqy Mohamad, the panel discussion will include views from a range of leaders across industry, as well as representatives from HCP firms.
The HCP Programme is a tripartite initiative that brings together a community of employers who are committed to progressive employment practices and developing their human capital.
Panellists include Audrey Cheong, managing director, Federal Express Singapore, Rebecca Chew, deputy managing partner, Rajah & Tann, Chia Yoong Hui, CEO, Ascenz Solutions, and Sean Tan, principal and consulting services leader, Mercer Singapore.
At the forum, they will give their take on the importance of employee engagement, why human capital is worth investing in, and its relevance to employee engagement and talent retention. They will also discuss the latest employee engagement issues and ways to foster a more engaged workforce and an inclusive workplace.
The forum will be moderated by Toh Yong Chuan, executive sub-editor from The Straits Times.
Not only will the panel discussion provide food for thought on human capital issues, the event is also an ideal opportunity for participants to network with other progressive employers who walk the talk.
Mr Chia said: "As an SME which started off with only two people a decade ago, we believe that our employees are the key assets of our organisation, and it's our employees who run the business at the end of the day.
"If our people who propel the business are not engaged or feel motivated, then we would have failed."
He added that grooming employees to become future leaders who would drive the business is part and parcel of fulfilling its duty as an employer.
Ms Chew concurred that the key to her firm's success is the value it places on its people.
"To continually keep our staff and lawyers engaged in the long run, we need to appreciate that their personal well-being will create a positive impact on their work life," she said.
"We are committed to explore and invest in effective work-life strategies and firmly believe that this would bring long-term benefits to both our firm and the employees."
The HCP-SPH forum will take place on Jan 21 at the SPH News Centre Auditorium from 9.30am to 12.30pm.