A quick recovery after retrenchment shock. Gaining financial independence helped me get over losing my job and with my mental well-being.

My retrenchment letter was handed to me on Nov 25, 2019.  I still remember that day vividly as I was scheduled to meet my immediate boss for my annual performance appraisal. Instead of seeing him in the meeting room, I saw my managing director and the human resource director.  My managing director was looking visibly […]

Why is it so difficult for established companies to tackle disruptive innovations?

A renowned Harvard University Professor – Clayton Christensen, who first coined the term “Disruptive Innovation”, wrote in his book “The Innovator’s Dilemma” identified the 5 key reasons as follow: 1.    Lack of the right culture within the company 2.    Too focussed on their current mainstream customers’ needs 3.    Lack of urgency to pursue disruptive innovative business model 4.    Fear […]

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