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Implementing E-Invoicing in Asia: DHL Asia Pacific

E-invoicing has steadily grown in popularity due to its ability to overhaul the manually-intensive, paper-based accounting processes of traditional invoicing. However, Asia is markedly behind the curve with this trend compared to Europe and the United States, largely due to the low cost of labour in the region. Yet as the fast-paced global economy becomes increasingly integrated, the business case for implementing e-invoicing is becoming increasingly favourable for shared service centres in Asia. Particularly since China’s State Administration of Taxation officially announced the electronic value-added tax (VAT) invoice system, which became available nationwide from 1 December 2015. To learn about the implementation process involved in e-invoicing, we spoke with Ross Mackay, DHL’s Asia Pac...

The Challenges of Modern Day Leadership

By SANDY CLARKE   How exactly are businesses to move forward in the modern age of technological advances, globalisation, and evolving needs of employees? As someone who spent a decade as a political journalist, it didn’t take 10 days to realise that politicians, business and human resources (HR) leaders are easy targets for criticism. When there’s a problem, we all become experts on how to fix things – safe in the knowledge that we’re not the ones having to make tough decisions, but resolutely sure that we would do a much better job nevertheless. Even with the abundance of information available at our finger tips, transforming the theory into practice can be a laborious, difficult and often complex process. For example, chief executive officers (CEOs) and senior managers know that, in...

Is Your Company Losing Its Soul?

By LAY HSUAN, LIM   Deloitte’s South-East Asia Human Capital Trends 2015 reported that culture and engagement is the third most significant human capital issue in this region. Globally, employee engagement is the No. 1 concern. In a new world of work, where organisational structure is becoming less hierarchical, transparency – also termed “the naked organisation” – is key to attracting and retaining top talent. The millennials entering the workforce are looking for an enriching experience in companies, where they can contribute meaningfully and purposefully. In other words, they are looking for companies with “soul” experience. ‘Soul-ed’ out You feel it in your gut if a company has a soul. After all, at the heart of every organisation is a mission and a purpose of its existence. Perha...

4 Concrete Signs that it’s Time to Make an Exit

By JONATHAN YABUT   Does this sound familiar: you’re hyperactive and mighty on your first year, and then you plummet like a roller coaster by the time you hit your fifth year. You were undoubtedly one of the high-flyers of the company, but these days you’re not giving your best. You’ve lost the spark, the passion, and the flame – you finally want to quit. You want to quit, but you’re not sure why. Maybe you hate your new boss, you’re fed up with the incompetence of people in your organisation, you got an invitation from a recruiter on LinkedIn, or you simply don’t feel excited about your job anymore. The strong feeling of wanting to quit should always be examined, not ignored. Here are four motivated signs that can guide you to justify that it’s time to start cleaning your desk. You’r...

Frightening Consequences, a Result of Loss of Control

By CAROLINE REGINA PARAMESWARAN   Losing control of a situation is a terrible thing, and one that can make or break a leader. In the movie Poltergeist, the Bowen family faces a surreal reality that quickly goes out of control – a loved one has vanished into thin air and the only means of communication is through the television set. The family has just relocated. Although their only son Griffin keeps insisting that there is something sinister about the house, no-one heeds his warning. The plot takes off when Maddy, the youngest daughter, disappears into the world between the living and the dead. Once more, this is a tried-and-true formula of the Poltergeist franchise, and it will keep you on the edge of your seat. But from here on, dear reader, I would like to draw your attention to Gr...

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