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Towards A 24-Hour Service Day For Singapore
by Ron Kaufman

To stand out in the global competition, Singapore must take the lead in round-the-clock business convenience.


The Stock Exchange of Singapore recently decided to extend trading hours by an additional hour each day. This is another move in the right direction for Singapore. My comment is: Keep moving.

I am writing this article at 1:00am. Moments ago I completed some banking transactions with Citibank via its 24-hour telephone service. And I've just finished making a flight reservation to Hong Kong with SIA's round-the-clock reservations. But I have another long list of calls which can only be addressed after 9:00am tomorrow, after the relevant government and business offices re-open.

But by 9:00am tomorrow I will be working with my clients. Time to handle my personal matters will be limited. Too bad more agencies and businesses do not provide the convenience of true 24-hour service.

The issue of "Service Singapore, 24-hours a day" is becoming more urgent. Cities around the world are promoting themselves aggressively as "24-hour centers for your business". Japan's Kansai International Airport wants to be "your non-stop window to the world". London joins New York in claiming to be "the city that never sleeps".

The Economic Development Board promotes Singapore as "Your Global Business Architect". But this claim will not stand up to scrutiny if Singapore does not implement global hours, or does so only after other cities have set the eager pace.

To stand out in the global competition, Singapore must take the lead in round-the-clock business convenience. We must be ready to do business whenever our customers and service partners are ready, whatever time zone they may be in.

Singapore recognizes that the future lies in being a value-added, service-based economy. While manufacturing moves offshore, what must remain and grow are high-end services which do not close their doors every time the clock strikes 5:00pm.

Many people and organizations are familiar with long working hours. Quitting at 10:00pm is often the norm; working past midnight is not unheard of. Even now, at 1:32 am, there are others on this busy island who are telecommuting and working on the Web. But if you need access to government or business services? Sorry, you must wait until 9:00am!

Australia is one example of an economy that has been running the clock race backwards. How can Australians complain about economic distress when insisting in the next breath that shops close up at 5:00pm? That is exactly the hour when businesses release their workers into the shop-lined streets, eager and ready to buy. The volume of retail transactions in Australian cities might double if shops were allowed to freely and competitively remain open beyond 5:00pm, when people have leisure time for shopping.

In today's accelerating business climate, leading companies will not wait for countries to catch up on their working hours. Intel has chip development teams working round the clock, split by shifts and location between Austin, Texas, and Tel Aviv. The Texas-based teams work on new chip designs all day and then "hand over" their progress electronically to colleagues in Israel; the Israelis put in the next 12 hours and "hand back" further improved designs to their counterparts in Texas for another round in a continuous and vigorous cycle. How can chip developers with only one shift ever hope to compete?

Is Singapore moving aggressively enough towards a real 24-hour economy? Are other businesses taking their cue from the Stock Exchange of Singapore?

Many hotels in Singapore still close their "Business Centers" at 6:00pm. That's not most convenient for visitors from overseas. Must the phone company always close business offices promptly at 5:00pm? Must the tax office always close "on-time"? Whose time!? The now Post Office stays open late on Wednesday nights, and that's a good idea. Could we benefit from such a service every night of the week?

What about your business, your company, or your department? What enhancement of service could you provide by extending your service hours? Federal Express recently implemented a 24-hour pick-up service. Should you do the same?

Automated dial-in systems, fax-on-demand, information on the World Wide Web, 24-hour customer support hotlines: all these technologies support customers and business partners doing business with us at their convenience. Is your organization up to date?

Of course we can anticipate the social debate: "The evening is for relaxation." "What about changes to family life?" "It's just not right to be working at such odd hours."

Fortunately Singapore is a highly-pragmatic society. Before we find ourselves too quickly defending the habits of our past, we must take a level-headed look at the present and realize that the demand for 24-hour business is already here.

Singapore should take seriously this business phenomenon and provide excellent business, cultural and government facilities, 24-hours a day. It's only a matter of time before other cities in the region surely do.


Copyright, Ron Kaufman.
Ron Kaufman is an internationally acclaimed innovator and motivator for partnerships and quality service. For a FREE Newsletter, visit:
http://www.RonKaufman.com








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