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Saturday, February 10, 2007

Philp Yeo - Lee Wei Ling Debate

My friend asked for my view on the debate between Philip Yeo and Lee Wei Ling. Whose side am I on?

I said, Philip Yeo is right. Lee Wei Ling is also right.

He was surprised. How can I said that both people are right? I told him, "you are also right!".

Philip Yeo advocated a broad based approach - to focus on many areas and find out which present the opportunity. Lee Wei Ling preferred a targeted approach, to focus on niches where we have a competitive advantage.

In tacking my own business issues, I adopt both approaches. I call it, "working at two levels". At the first level, I adopt a broad approach to have a better understanding of the issues, and the areas to work on. At the second level, I focused on the targeted areas.

I am usually able to find the right approach - one that produces the best result.

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