Deciding to change careers can be daunting. With death, divorce, and moving house, changing careers is one of the most stressful times you will face, and there are many things to consider before making the jump.

Getting a promotion and moving up to a senior position is very exciting. But after the initial hype, many feel that the challenges that come with this transition can seem overwhelming. So, how can you navigate through this new terrain and find success?

There are many different things that senior managers need to worry about daily. From ensuring the company is profitable to dealing with employee issues, there are many balls to juggle. What challenges do they face, and where can they turn to when it comes time to seek advice or help with an issue? How can Business peer groups help?

Throughout the last 100 years, it’s been thought that once you are past the age of 55 you are on the way out from a career point of view. Once you are past 65, you really are on the rubbish heap of talent.

This will now be changing due to the world demographics and the coming shifts in workforces.

In 2021, conversations on The Great Resignation & Reshuffle in Singapore started gaining traction. One of the surveys back then was projecting nearly a quarter (24%) of Singapore workers were planning to leave their current employer in the first half of 2022. Almost half (49%) contemplated submitting their resignation letters in the next six months.

Within the last six months, there has been a significant shift across different industries, specifically on the talent front. Individuals in leadership roles choose to leave their current industry by joining a brand new industry or taking up entrepreneurship. This leaves organizations with the only option but to hire professionals from parallel industries

A post-pandemic recovery for Singapore might be out of reach as Prime Minister Lee Sien Loong warns of a possible global recession looming near. These statements stem directly from the concerns about how the war between Russia and Ukraine might set Singapore back by S$8 billion a year through increasing energy prices.

Covid-19 has forever changed how we do business. It changed our relationship with work and how we operate our businesses. As the distance grew between us, building a network that could provide fruitful collaborations became more crucial.

President of Hexagon Manufacturing Intelligence for the Korea, ASEAN, Pacific, and India regions, Boon Choon Lim is a member of EGN’s Executive Leadership 2 group chaired by Stijn Welkers.

Wherever they are in the world, leaders will be leaders. Leaders across the globe deal with similar issues and challenges regardless of the industry. In a large and diverse market like Indonesia, leaders need all the help they can get to do and be better. Following our success in doubling our members in Singapore over the last two years, EGN has now expanded to Indonesia, and we’re excited about the doors this will open for us.