QRA International website
Friday, April 15, 2022
Remembering Good Friday
Friday, April 1, 2022
Niccolo Machiavelli - Beware of Flatterers
Recently, I have been re-reading this classic book written in the late 15th century by the Venetian courtesan Niccolo Machiavelli - The Prince.
It is standard reading for all statesmen, politicians, kings, queens, princes and anybody who is holding a position of responsibility.
One of the most fascinating chapters is about "Flatterers". Never be swayed by flattery so as to follow the flatterer.
Here are the key takeaways.
The courtyards of the old kings, and princes are full of people who are sycophants. Or ecolytes whose primary purpose is to render some service to the royalty. Hence a wise prince must steer clear of flattery when it is ill intended or with some kind of ulterior motive behind the person paying the compliment.
1. There is no way you (as the Prince) can guard against flattery. You can never guess what the person you are interacting is thinking. In addition, as you are more senior in title and of nobility, they would want to 'curry favor' you at every conceivable opportunity, so it is best to be guarded when you are at the receiving end of a compliment, especially from a person who id directly reporting to you.
2. The prince should elect wise men and women and give them permission to speak to him truthfully - ideally in private or in a one to one setting. The truth hurts most times, but the truth does set a person free from his own biases and a preconceived mindset
3. The Prince once he has listened to the wise men and women, should then deliberate whether the opinion or the strategy is in the best interest of his job and then decide for himself whether he should accomodate or implement the opinion and / or strategy approriately.
Of course, the wise men and women, may not have their feet on the ground as is the case of many people who are elderly and they may not be 'clued in' to what is actually the ground sentiment.
However, as they are elderly and experienced, they can observe and advise the Prince on what is the right thing to do, though it may be painful at times, the populist prince is soon dethroned.
4. The Prince should only seek advice when he wants to. He should not listen to all and sundry as 10 advisors will give 10 different paths to chart.
5. A wise man has something to say. A fool has to say something. There is a distinct difference in the 2 kinds of people.
6. In the final analysis, good advice, must arise from the prudence of the prince and NOT the prudence of the prince adapting to good advice. This is KEY
Sunday, March 27, 2022
In the Midst of the Global Uncertainties, there is always Sudoku
Sunday, March 6, 2022
The War in Ukraine Could Change Everything - Yuval Noah Harari - TED Talk
Saturday, March 5, 2022
While I denounce Xenophobia, our Young Have to Compete for Jobs and aim for a better life.
Recently I had an encounter from a business associate whom I have known for over a decade. I do not wish to discriminate or pinpoint certain countries as it could happen to anyone from anywhere.
Cut short to the 'chase' .He Whatsapped (social media chat app) me ouf of the blue and after the pleasantries of about 5 sentences, he proceeded to ask me if I could help his niece who had recently graduated from a foreign university and wanted to apply for a job in Singapore under the SPass program.
I quickly told him my company did not meet the criteria of having the minimum number of Singaporeans to qualify for an SPass worker. In addition, my company uses an outsourced Corporate Secretary and internal auditor to provide submissions for GST and Fiscal Year end reporting.
I also told him not to bother about applying for the jobs, given the much stricter regulations and the current public mood about taking care of Singaporeans welfare above the foreign 'talent' first and foremost.
This lead to his second question whereby he asked for me to vouch for his 'son' as a referee as he was applying for a place at the National University of Singapore.
I did not bother to reply him for the 2 reasons :
a) he did not bother to cultivate any friendship over the years, except when he wanted something for his benefit.
b) his expectation that the friendship continues at his expense and nothing else stuck me as shallow.
It then dawned upon me, that as a father with 2 grown children, one who is working and another in the final year of his university, Singapore,while reliant on foreign 'talent' to achieve its goals for GDP growth has a problem in the the fertility growth rate and has an aging population. In addition, while new migrants are coming in to Singapore, they are normally of a certain mindset captured in 3 points (or at least 2 of the 3) :
> hungry and driven
> clever
> use their connections to get ahead.
So, for our Singapore children who go through the education process and achieve an ITE certificate, Polytechnic diploma or University degree, they are competing for jobs in the marketplace against many from the region with the above 3 traits. Our Government has to offer some form of 'leg up' for our children in the form of
a) access to grants for post graduate education
b) give SME employers as much incentives in the form of :
1. hiring grants
2. productivity grants
3. internship and placement grants
to help our Singaporeans first and foremost.
The marketplace is not for the 'cruisers' nor the entitled happy go lucky. It is brutal and dog eat dog out there.
It is high time our children abandon their 'entitled' mindset and strive to achieve the best that life can offer them. Take whatever is being offered with both hands, use their brains and compete with the best of them. They have a choice to make, and they need to make that choice wisely.
Or else, they will be cast aside and go down the slope of economic disillusionment.
The cause is urgent and pressing.
Sunday, February 27, 2022
Confirmation Bias - 99% do it ; 1 % actually rise above it.
Confirmation Bias. This is so eloquently written by the psychologist Ralf Dobelli in his standout book "The Art of Thinking Clearly" which has been on the bestseller charts for years. A Swiss national by birth, I am very fascinated by this concept Confirmation Bias.
Essentially, many of us think we are very clever. Cleverer than the person next to you. If that is the case, what justifies the normal distribution curve (standard deviation) in society for IQ ? Or EQ for that matter. If everyone was so smart, there would be no 'ordinary people' in our midst.
Dobelli cited, this case of the professor who put this little experiment to a test. The esteemed professor wrote on the whiteboard the 3 numbers :
" 2 , 4 , 6 ... "
and asked the class to do the following :
a) state the next number in the series
b) what was the basis or logic for their guess ?
He told the whole class that he had written down the basis or logic for the series of numbers.
So, 90% of the class wrote the number "8". The basis or logic for the next number was that the series was a linear arithmetic addition of 2 to the previous number.
The professor replied : "No" that was not correct.
Many in the class went " Huh ?"
We have been taught for years in primary and secondary schools arithmetic, calculus, algebra, integration and differentiation that we assume that these series are the be all the in the logical sequence of things.
Not true.
Hence our Confirmation Bias is such that when confronted with a problem such as this, we are sure, cocksure of our theorems that it must be the correct answer - by all accounts, it may be. But it could be a subset of a much more complex or even simpler sequence.
However, as time goes by and the sequence gets expanded, we find out we are wrong and we fall flat in our face.
We all have this Confirmation Bias in our Minds.
Answer
The logic in the Prof's mind was this " the next number must be higher than the previous one in the string"
Hence, 5,7, 10, 15 all qualifies as being correct.
To Do
Always fact check, and test out your theory with more data. If some doesn't fit your theory, Question your theory as being wrong.
Many heads studying the approach and giving honest opinions MAY be better than just your own. It improves the chances of your theory ultimately being the right one.
So Question and find faults in your theory. After numerous iterations and more data, can you say, tentatively that it is correct.
Don't let ego get the better of you. If you do, you ultimately FAIL.
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