31 October 2013
Media Release: NR/33/2013
Six Organisations Win Business Excellence Awards 2013
Organisations on Business Excellence journey team up with SMEs to co-innovate and upgrade capabilities for growth
1. Six organisations have won top honours for their success in the pursuit of business excellence. Four of this year’s Business Excellence Awards winners are from the private sector and two are from the public sector. They have received the awards from Mr Teo Chee Hean, Deputy Prime Minister, Coordinating Minister for National Security and Minister for Home Affairs at the Business Excellence Awards Ceremony on 31 October.
2. The Singapore Quality Award (SQA) 2013 winners are Building and Construction Authority, Nanyang Girls' High School andTiong Seng Contractors Pte Ltd. In addition, Systems on Silicon Manufacturing Company Pte Ltd is awarded the SQA with Special Commendation, while Qian Hu Corporation Ltd and Biosensors Interventional Technologies Pte Ltd won the Innovation Excellence Award (I-Award).
3. All six award winners share the common attributes of being people and customer centric, with a leadership that invests in innovation and capabilities for future growth. These attributes have enabled the organisations to benefit from productivity improvements, greater staff and customer engagement and superior results for their organisations. They will join the ranks of 89 past Business Excellence Awards winners which have distinguished themselves in the various aspects of business excellence.
4. The winner of this year’s SQA with Special Commendation, Systems on Silicon Manufacturing Company Pte Ltd (SSMC), has committed itself to business excellence since it started operations in Singapore. This has enabled the company to grow rapidly, from producing 1,000-2,000 semiconductor wafers a month in 2000, to some 55,000 wafers a month. It enjoys a compounded annual growth rate (CAGR) in revenue of 33% from $20 million in 2001 to $486 million in 2012. SSMC first won the SQA in 2005. It has since achieved global industry leadership on many fronts, including profitability, product yield and cost efficiency. Productivity and innovation projects allowed the company to save a hefty US$130 million per year over the past three years, while its strong customer focus has propelled its growth in many customer segments. Its wafers are now widely used in end-user applications such as smart cards, smart phones, tablets, credit cards and e-passports.
5. SQA winner, Tiong Seng Contractors Pte Ltd, is the first construction builder to win the SQA. A home-grown company, Tiong Seng has an established track record of over 50 years. It is committed to building leadership at all levels. As an industry leader, Tiong Seng has innovated to develop Singapore’s very first precast automation hub. Tiong Seng is also a pioneer in leading the trend to adopt advanced construction technologies, such as the modular formwork system which reaps more than 30% productivity improvement compared to conventional technology. At the same time, its “Charge Hand Grooming Programme” proactively identifies those with potential and grooms them to become site supervisors to ensure the quality of work and inspire other workers.
6. The two SQA winners from the public sector are the Building and Construction Authority (BCA) and Nanyang Girls’ High School (NYGH). BCA constantly adopts technology to increase productivity for its stakeholders. Advanced technologies such as the Building Information Modelling, has allowed a large majority of contractors, architects and engineers to explore a building project digitally in 3D, and to analyse and resolve potential design clashes before construction begins. NYGH impresses with its focus on developing forward-looking, holistic, bilingual and bi-cultural students who excel in culture, sports and arts, in addition to academics. NYGH also uses technology extensively to enhance its curriculum and to enable the students’ access to resources through multiple channels. It is the only secondary school in Singapore to have its in-house teaching resources uploaded on iTunes U.
7. Singapore-based Biosensors Interventional Technologies Pte Ltd, this year’s I-Award winner, started out as an SME in 1990 and has grown to be a global player in a highly competitive medical technology industry. To boost productivity, Biosensors has automated its manufacturing process with innovative technologies that were developed in-house. This has allowed Biosensors to market first-of-its-kind products and yet maintain cost effectiveness. Its open culture and commitment to quality and innovation have led to a robust revenue growth since 2009.
8. The second I-Award winner is local enterprise, Qian Hu Corporation Ltd. Qian Hu has transformed itself from a traditional fish farm into a technology and knowledge-driven business. Exporting to 80 countries, Qian Hu is focused on creating greater value for fish hobbyists by investing in new breeding technologies, fish food and pet accessories. A Research & Development division was set up in 2009 to develop innovative offerings such a patented water filtration technology called “Hydra” for aquariums and to introduce new fish breeding methods which resulted in a natural-bred Arowana variety. Qian Hu also practices a culture of “creating value from mistakes” that ensure a constant flow of new ideas from all levels of employees. Its innovative spirit has enabled it to weather the downtrend in its industry over the past years.
(Refer to attached PDF for the detailed Winners' Highlights)
9. “We are heartened to witness the achievements made by organisations on the Business Excellence journey. The internationally benchmarked Business Excellence framework is a proven enabler for organisations to drive their business strategy effectively through investing in people, technology and sound management processes to deliver higher customer value and business results. The continuous learning and innovation helps improve performance and hone competitiveness,” commented Professor Cham Tao Soon, Chairman, SQA Governing Council.
Organisations on Business Excellence journey forge partnerships to help SMEs in capability development
10. Organisations which have benefited from their Business Excellence journey can now play an important role by helping others who are keen to do better. For instance, larger organisations can share their expertise and help build up the capabilities of SMEs. On the other hand, nimble SMEs can help test-bed new solutions as innovation partners for larger organisations.
11. A group of 20 organisations on the Business Excellence journey have stepped forward to offer to work with SMEs to form such win-win partnerships under the newly initiated Partnerships for Capability Transformation (PACT) Circle. This is announced at the Business Excellence Awards Ceremony.
12. The PACT Circle aims to benefit some 100 SMEs within the next year, through projects to share the best practices of these large organisations in areas such as service delivery, productivity, product innovation and business continuity management with SME suppliers and partners. (Refer to Fact Sheet on PACT and PACT Circle below for more information.)
13. “It is encouraging to see the group of organisations come together to initiate this collaboration to help SMEs, as part of their Business Excellence journey. This effort will help to raise the overall competitiveness of key industry sectors benefiting both these organisations and SMEs in productivity, quality and innovation. We hope to encourage more organisations on the Business Excellence journey to come forward, as there is significant potential for more win-win collaborations between these successful organisations and SMEs,” said Mr Tan Kai Hoe, Chief Executive of SPRING Singapore.
- End of Media Release -
About SPRING Singapore
SPRING Singapore is an agency under the Ministry of Trade and Industry responsible for helping Singapore enterprises grow and building trust in Singapore products and services. As the enterprise development agency, SPRING works with partners to help enterprises in financing, capability and management development, technology and innovation, and access to markets. As the national standards and accreditation body, SPRING develops and promotes an internationally-recognised standards and quality assurance infrastructure. SPRING also oversees the safety of general consumer goods in Singapore.
Please visit www.spring.gov.sg for more information.
For media enquiries, please contact:
Veron Huang
Senior Manager, Corporate Communications
SPRING Singapore
Direct: 6279 3913
HP: 9008 1095
Email: veron_huang@spring.gov.sg
Fact Sheet on
Partnerships for Capability Transformation (PACT) and PACT Circle
About PACT
Launched by Economic Development Board (EDB) in 2010, the Partnerships for Capability Transformation (PACT) programme encourages win-win partnerships between global companies and their suppliers by upgrading the suppliers’ capabilities through the sourcing and qualification processes.
In Budget 2013, the PACT programme was expanded to include both manufacturing as well as non-manufacturing sectors[1] and is now co-administered by EDB and SPRING Singapore.
PACT aims to foster mutually beneficial collaborations between large organisations[2] and SMEs. These collaborations may be supported in the following areas:
1. Partner Development
Large organisations work with their new and existing SME partners to upgrade their capabilities in the area of productivity, customer service and quality.
2. Knowledge Transfer
Transfer of knowledge from large organisations to SMEs through the sharing of best practices and industry know-how with SMEs, via training workshops and mentorships.
3. Co-innovation
Large organisations work with SMEs to co-develop and test-bed new products or processes. This spurs growth among local SMEs by helping them to build up track records, so that they can be more competitive when bidding for subsequent projects.
4. PACT Manager
Large organisations may appoint a PACT manager, who will serve as a dedicated resource to identify, monitor and drive PACT projects. The PACT manager is required to develop a capability roadmap or focus areas for the PACT project, and work with the identified SMEs on this.
Type of organisations that qualify for PACT:
Large Organisations (LOs)
Include MNCs, government agencies[3], hospitals, educational institutes and companies with more than S$100 million group annual sales turnover.
SMEs
Companies with at least 30% of local/PR shareholding and with group annual sales turnover of not more than S$100 million OR group employment size of not more than 200 employees.
Type of support:
For SMEs involved in approved PACT projects, they are eligible for up to 70% funding support for qualifying development costs. Large organisations are also eligible for funding of costs incurred in working with SMEs and for a PACT manager.
The qualifying costs include:
· Manpower-related costs;
· Professional services;
· Prototyping–related services;
· Technical support services (e.g. testing, certification);
· Equipment, materials & consumables, and software costs; and
· Intellectual property acquisition
About PACT Circle
The ‘PACT Circle’ is formed to recognise organisations which have taken the lead on PACT collaborations to commit, initiate and implement LO-SME collaborations through developing capabilities, transferring knowledge and/or co-innovation with their SME partners.
For a start, organisations on board SPRING’s Business Excellence (BE) initiative have been invited as early adopters on the ‘PACT Circle’. As part of their BE journey, members of the ‘PACT Circle’ are committed to capability upgrading and engagement of SME suppliers and partners in their value chain, which is also a key component under the BE framework to improve overall performance. Through PACT, BE organisations can facilitate their SME suppliers and partners to embark on capability building projects that will benefit both parties.
PACT Circle Members
1. Baxter Healthcare SA (Singapore Branch)
2. Brother International (Singapore) Pte Ltd
3. Building and Construction Authority
4. Housing and Development Board
5. Infocomm Development Authority of Singapore
6. Institute of Technical Education
7. Keppel FELS Ltd
8. Keppel Shipyard Ltd
9. National Environment Agency
10. National Library Board
11. PUB, Singapore’s national water agency
12. Singapore Civil Defence Force
13. Singapore Customs
14. Singapore Technologies Engineering Ltd
15. Systems on Silicon Manufacturing Company Pte Ltd
16. Teckwah Industrial Corporation Ltd
17. Tiong Seng Holdings Ltd
18. United Overseas Bank Ltd
19. Wing Tai Retail Management Pte ltd
20. Yokogawa Electric Asia Pte Ltd
Examples of PACT Circle Projects
1. Keppel Shipyard
Keppel Shipyard is playing an active role in galvanising their subcontractors to invest in more productive equipment. A project that is ongoing involves Keppel and its subcontractors working together to make improvements to the work processes and equipment for ships’ surface preparatory work. The improvements made will allow Keppel’s subcontractors to achieve higher material productivity and better support the shipyard in its operations.
2. Housing Development Board
Housing Development Board (HDB) is constantly working on innovative solutions to enhance the living environment of its residents. For instance, to cater to the aging population and enhance the security in lifts, it is working with SPRING and a group of SMEs to develop the “Elderly Monitoring System” and the “Lift Surveillance System”. From such projects, SMEs are given the opportunity to test-bed their solutions, gain useful valuable feedback from HDB and build the track record for its products.
[1] Additional manufacturing sectors include Food Manufacturing, Furniture Manufacturing and Printing, while the non-manufacturing sectors refer to the Retail, Food Services, ICT and Construction sectors.
[2] Large organisations refer to multinational companies (MNCs), government agencies and companies with group annual sales turnover above S$100 million.
[3] For projects between government agencies and SMEs, funding support will only be given to SMEs.