Victorious secret finalsubmission

CHIA Kai Chung | Dawn LEE | GAN Wei Yi

Frost & Sullivan Case Challenge: A Panacea for the World

Introduction Integrate Expand Implementation Conclusion

Panacea 2030: A high-income, innovation driven economy

• Strong manufacturing led export growth

• Developed storage, transport and logistics facilities

• Strong infrastructure

• Central geographical location

• Large population and market potential

Capabilities to be developedCurrent Capabilities• Development of skilled local

labor

• Encouragement of entrepreneurship

• Rise in innovation and R&D

• Improved inter-workings of ministries

CURRENT STATE ANALYSIS


Key Objectives of NPF1) Increase contribution of services to GDP; 2) Increase exports of services; 3) Focus on high value adding mfg and services sectors; 4) Increase TFP

Our KPIs

Framework for evaluating our initiativesOur Considerations

• GDP• Employment• Productivity

• Education• Poverty

Reduction

• R&D Spending• Exports of high tech products

• Entrepreneurship• Foreign Investment• SME development Innovation

Value

Exports

Business Creation

Panacea 2030: A high-income, innovation driven economy

CURRENT STATE ANALYSIS

STRATEGY OVERVIEWThe main driving principles of our strategy for Panacea is to INTEGRATE and

EXPAND, to achieve a holistic and sustainable growth for the country.

Building Industry Horizontals

to put Panacea on the global economic map.

“A well balanced, inclusive approach, according to certain standards and ideals, is essential for the proper governance of any country.”

- Laisenia Qarase

Panacea as home for INTEGRATE

EXPAND

to move Panacea up the value chain.







EXPAND



“Good governance and modernity cannot be imported or imposed from outside a country.”- Emile Lahoud






EXPAND



Talent







EXPAND



Talent Innovation







EXPAND



Talent Innovation Business



Attract Overseas Talent

A PANACEA FOR TALENTINTEGRATE

A Deep Talent Strategy ensuring skills demand by all industries are met.

ExportValue Biz Creation

Innovation

Panacea for Talent Panacea for Innovation Panacea for Business

Develop Local Talent

Close workings between industry players, Economic Board and MOE

To allow seamless integration of graduates into workforce

Introduce on-the-job training and internships

Attract skilled foreign laborVia low personal income tax and attractive education options for their children

Attract overseas Panaceans to work or set up businesses

Via tax and special housing related benefits

Attract foreign students to work and travel or do an exchange in Panacea

Transfers overseas know-how to locals and serve as a plug to foreign concerns of no local talent


A PANACEA FOR INNOVATIONINTEGRATE

Developing key processes and nurturing a culture for innovation to thrive.


Innovation


Developing Key Processes Nurturing a Culture

Building a Sharing CultureBuild a culture of mentorship, sharing and exchange of ideas by hosting and then incentivising participation

Strong IP Protection

Widen channels of access to credit Innovation Credit SchemesProvide grants for initiatives targeted at addressing current gaps in commercial market or in public policy issues

Strong rule of law

Business Learning GrantsTo be used by local companies for overseas missions to learn about R&D processes in companies, attend R&D related conferences

Make credit market more competitive by introducing more suppliers, and also include angels and venture capital


A PANACEA FOR BUSINESSINTEGRATE

Encourage business formation with improved accessibility and industry spillovers.


Innovation


Fostering industry spillovers Improving Ease of Doing Business

Enhancing Infrastructure

Improving accessibilityCreating Industry Clusters

Streamline govt agencies by creating a One-Stop Economic Board for businesses

Concentration of businesses in a particular field to achieve economies of knowledge

Building Cross-Industry SynergiesFurther enhance infrastructure on - Logistics- International Connectivity - Communications and IT (Network

coverage and speed)Productivity Attraction Credits

Provide qualifying credits to business aiming to invest to bring their businesses to new scale as a form of attracting them to relocate operations to Panacea

An ecosystem where capabilities between industries further each other’s growth






EXPAND



“Such power of globalization that within our lifetime we are likely to see the integration of all of the national economies in the world into a single global, free market system.”

- Jim Garrison







EXPAND



Solutions Hub


- Jim Garrison







EXPAND



Solutions Hub Logistics & Supply Chain


- Jim Garrison







EXPAND



Solutions Hub Logistics & Supply Chain

Financial Services


- Jim Garrison


Home for innovation and high-value activities. High growth.

Venue for outsourcing lower value-added services at low prices.

Panacea aims to form a regional alliance with the neighbouring countries in order to accelerate economic growth and research efforts.

“Regional exchange can be a source of growth and development, and of enhancing good governance.” - Anna Lindh

JAPAN CHINA

PANACEA PHILIPPINES

Provide the knowledge and expertise for innovation advancement

Large pool of Ph.D. researchers and cheap labour available.

Economic & Research Alliance


Solutions Hub Logistics & Supply Chain Financial Services

SOLUTIONS HUBEXPAND

Panacean Solutions Hub

• Collaborative space for regional thought-leaders and researchers

• Center of excellence for innovation.


SOLUTIONS HUBEXPANDSolutions Hub Logistics & Supply Chain Financial Services

MNCs





SOLUTIONS HUBEXPAND

Research Facilities

Talents


MNCs

Attract corporates to assist in Panacea’s

developmental issues

Corporate Social Impact

Investments




Crowd sourcing of effective public policy

(ground level research).

Empirical Research Studies (ERS)


SOLUTIONS HUBEXPAND

Result: Panacean Solutions Lab realizes the long term goal of sustained innovation in a high-tech knowledge economy

Research Facilities

Talents

Move Panacea up the research value

chain thru data analytics

capabilities fundamental to a

creating a research ecosystem and Solutions Lab

Grow Super Data

Capabilities


Innovation


LogisticsBeing the preferred port of call and hence perform vital trans-shipment activities.

Strict laws and regulations • Authority for quality checks and

assurance of ISO quality standards.


Geographical Position• Central location along major

shipping routes (e.g. China-US)


LOGISTICS & SUPPLY CHAINEXPAND

Result: Panacea strives to become the Centre of Competence for Logistics and Global Supply Chain linkages.


Innovation

X

United States

China

Value-Added Services• Performing checks, packaging,

branding, certification. Technology/Machines

Food Products

China-US Trade

Attract MNCs to coordinate global supply chain in Panacea by building Supply Chain Control Towers

Manufacturing China

India Brazil

United States

International Connectivity• 3 International Sea Ports and 2

International AirportsR&D for Data Analytics

Boosts Panacea as a destination for streamlining supply chain.


Supply ChainManufacturing

High-end Manufacturing

Product Design

LOGISTICS & SUPPLY CHAINEXPAND

Reduction in Lead Time• Close proximity to the 4 largest

economies (of 2030).


Result: Panacea strives to become the Centre of Competence for Logistics and Global Supply Chain linkages.


Innovation

1

2

3

Result: Panacea strives to become the Centre of Competence for strong Financial Linkages.

To provide a complementary industry for MNCs and supply chain growth, offering them sophisticated products to meet their financial needs.

EUROPE PANACEA USASIA

Seamless round-the-clock Integration

Microfinancing• Providing microcredit,

similar to Grameen Bank operation.

• Target at entrepreneurs and SMEs, to stimulate business creation.


ExportValue

1 Documentary Credit• Essential financial

product for Supply Chain activities.

• Enhancing efficiency and security of international transactions.

Strategic Activities• Financial Control Towers

to anchor decision making functions.

• Develop Financial Supply Chain Models (e.g. Tax-Efficient SCM).


FINANCIAL SERVICESEXPAND

Financial Services

2 3

Biz CreationInnovation

ACTION PLAN

Short Term Medium Term Long Term

Developing Talent and

Infra-structure

Implementing key trans-shipment and financial activities to drive growth within these two

industries

Anchoring Global Strategic Functions for MNC and

Financial Institutions’ Supply Chain and Finance Activities.

EXPAND

Panacea for

Talent,

Innovation &

Productivity

Catalyze research studies

Grow Super Data Capabilities

Attract Researchers via direct pull of results and

infrastructure, and via looser immigration policy

Market actual findings

Become a sustainable ecosystem of solutions

Start reversing brain drain and attracting migrants back

Attract foreign labour into Panacea Complete planning and execute Deep Talent Strategy

Implement Industrial policies and legislate strong IP Protection Set up top public research institutes

Set up one-stop Economic Board and streamline govt agencies

Complete majority of the planned infrastructure

Create and sustain industry clusters that excel worldwide

INTEGRATE

Solutions Hub

Supply Chain & Finance

Panacea will concurrently engage the INTEGRATE and EXPAND strategies, to move up the value chain and put herself on the global economic map.


STAKEHOLDERS MAPEducation Institutions

Workforce

Foreign Corporations

Skilled Returnees

Industry Cluster


Research Institutes

Attract and manage the MNCs by providing productivity grants and incentives

Coordinating research studies to benefit Panacea’s economy

Competent workforce that is highly-skilled to take on the demanding job scope of the future jobs.

- Reduce cost by localization of skill and technology- Increase productivity and formation of new firms by competition and cooperation.

Developing educational curriculum that is consistent to what the industries seek.

Provide a channel for knowledge transmission and a source of entrepreneurship

INSTITUTIONAL FRAMEWORK

One-Stop Economic Board for all Government Transactions

Ministry of Trade &

Investment

Ministry of Science &

Technology


Labour Ministry

Ministry of Education

Removing the bottleneck in application services for businesses and achieving synergy between the various government agencies, to bring about a seamless end-to-end service.



Ministry of Trade &

Investment


Technology


Labour Ministry


Cabinet Secretary

(Victorious Secret)


Prime Minister

Public Research Institutions

Foreign Corporations



Ministry of Trade &

Investment


Technology


Labour Ministry


Industry Cluster

Skilled Returnees

Education Institutions

Workforce

Prime Minister

Cabinet Secretary

(Victorious Secret)


ExportValue

Biz CreationInnovation

Address the need for grants/incentives

Coordinate research effort & publish findings

Integrating research findings into the cluster & manage FDI.

Equipped with technical demands of our industries

Streamline curriculum to industry needs

Harnessing their knowledge & expertise

COST & FUNDING


Optic Fibre Upgrade (US$10 per foot,

Short Run 500mil): US$3 billion

Research Institute & Industry Cluster:

US$10 billion

Upgrade Infrastructure (Rails, ports, etc.): US$45 billionCO

ST

FUN

DIN

GGovt DebtLoans

Issue 10 year bond of US$10 billion value at a 7.50% yield per annum

Target to borrow up to US$10 billion from organizations such as World Bank and ADB

Total Expenditure: US$58 billion

PPP

Attracting MNCs to be involved in specific corporate investment projects for up to US$38 billion.

Incentives and tax concessions for

investments

Protection and assurance through a just legal regime

and non-discrimination guarantee

Ensure skilled workers in Panacea are available and

at low cost

IMPACT ASSESSMENT


Year 2011 ImprovedGross Domestic Product 4.5% 6.5%High-End Exports 20.2% 40.3%Unemployment 8.3% 4.5%Public Debt (of GDP) 49.5% 44.8% by 2016

Total Factor Productivity - 5.2% per decade

Repositioning of Panacea’s strategy will spur economic growth for the next two decades.

ECONOMIC IMPACT OF THE INITIATIVES:

IMPACT ASSESSMENT


SOCIAL IMPACT OF THE INITIATIVES:

Education level of the population to increase

Population below poverty line reduced to 18% in 2030

Creation of 25mil job opportunities

Labour productivity grows at an average 1.91% hence leading to higher wages

Poverty will be reduced due to the increased job opportunities, mainly created in the Data Analytics and Supply Chain sectors

IMPACT ASSESSMENT


The IP protection will spur MNC’s R&D expenditure in Panacea. Better ecosystem and protection will encourage start ups.

R&D Expenditure to increase from 1.6% of the GDP in 2010 to 8.7% in 2030

No. of newly-created SME to increase

Move up the value chain with bigger contribution of GDP from Services from 25% to 71% in 2030.

IMPACT ON INNOVATION AND BUSINESS CREATION:

CONCLUSIONThe main driving principles of our strategy for Panacea is to INTEGRATE and


INTEGRATE EXPANDto put Panacea on the global economic map.


Panacea as the home for

• Talent• Innovation• Business

Building industry horizontals

• Solutions Hub• Supply Chain• Financial Activities


GOAL: Panacea as high-technology knowledge economy

QUESTIONS & ANSWERS

CHIA Kai Chung | Dawn LEE | GAN Wei Yi

A Panacea for the World

COMPLEMENTARY SLIDESPresentation Appendix Index

Current State AnalysisStrategy OverviewIntegrate: Talent

Integrate: InnovationIntegrate: Business

Expand: Solutions HubExpand: Supply Chain

Expand: Finance

Stakeholders MapInstitutional Framework

Cost & FundingImpact: Economics

Maersk Shipping RouteMaersk Route with Panacea

Data Analytics SceneWhat is Data Analytics?

Garmeen MicrocreditPPP: HyfluxPPP: Olam

Panacea on Global MapPanacea Sea & Air Ports

US Food Import from China

China Tech Import from US

Brazil: 4th Largest Economy

Financial Product for S.C.

Risk & Mitigation IRisk & Mitigation II

Total Factor Productivity

% of High-Tech Pdt/SvcJobs Creation

Labour Productivity LevelR&D ExpenditureGDP Breakdown

Impact: Social

Impact: Business Creation

Data Analytics in Supply Chain

Corporate Investment: Shell

Gross Domestic Product

Unemployment Rate

Profile: Dawn LEEProfile: CHIA Kai Chung

Profile: GAN Wei Yi

Action Plan

MAERSK SHIPPING ROUTE

Source: Maersk, Shipping Routes, http://www.maersk.com/Pages/default.aspx

MAERSK SHIPPING ROUTE

Source: Maersk, Shipping Routes, http://www.maersk.com/Pages/default.aspx

MAERSK SHIPPING ROUTE WITH PANACEA

Source: Maersk Shipping Routes; Frost & Sullivan, Case Study Contest - Panacea

DATA ANALYTICS SCENE

WHAT IS DATA ANALYTICS?

DATA ANALYTICS IN LOGISTICS & SUPPLY CHAIN

GRAMEEN BANK MICROCREDIT

Source: Grameen Bank, http://www.grameen-info.org/index.php?option=com_content&task=view&id=42&Itemid=92

PUBLIC-PRIVATE-PARTNERSHIP: HYFLUX

Source: Hyflux eNewsletter, http://hyflux.listedcompany.com/misc/hyflux_Jul_eNewsletter/latest.html

PUBLIC-PRIVATE-PARTNERSHIP: OLAM

Source: OLAM Press Release, http://olamonline.com/wp-content/files_mf/1337947697OlamCIBROCREDD.pdf

CORPORATE SOCIAL IMPACT INVESTMENT - SHELL

Source: Harvard Business Review, Blog Network, Meet Your New R&D Team: Social Entrepreneurs

PANACEA ON GLOBAL MAP

Source: Frost & Sullivan, Case Study Contest - Panacea

PANACEA SEA & AIR PORTS

Source: Frost & Sullivan, Case Study Contest - Panacea

US FOOD IMPORT FROM CHINA

Source: Congressional Research Service Report for Congress – Food and Agricultural Imports from China http://www.fas.org/sgp/crs/row/RL34080.pdf

CHINA TECHNOLOGY IMPORT FROM US

Source: The US-China Business Council, https://www.uschina.org/statistics/tradetable.html

BRAZIL AS 4TH LARGEST ECONOMY IN 2030

Source: Brazil Annual Report - Brazil. Learnings, Status and Strategy

FINANCIAL PRODUCTS FOR SUPPLY CHAIN

Source: HSBC Bank Website, Products & Services

RISKS & MITIGATIONS PART IPotential Concerns Responses

Certain Sunrise Industries might never learn to be productive despite subsidization

Diminishing financing for all industries so that only the productive will eventually survive; market forces pick up the winners

ERS might take a longer time than expected to produce results. Longer duration of realizing results may reduce marketability.

Market less on results in the initial years but more on the community of leading researchers with a supportive ecosystem of research apparatus and outfits.

Abrupt enforcement of strong IP rights might cause some useful and easy to copy tech to be unavailable due to cost

Gradual strengthening of IP Rights over the years on an incremental and progressive basis.

Supply chain and financial companies might be initially skeptical about expanding into Panacea.

Play on Panacea’s natural geographical advantage to attract big players (e.g. DHL) and the rest will follow suit once the eco system is established.

RISKS & MITIGATIONS PART IIPotential Concerns Responses

Unable to get loan from ADB Join OECD as our projects are in line with their sustainable development objectives.

When cost overrun and more bonds need to be issued

Use Specific-purpose securitised borrowing. For example, fares are the most common source of funds for the repayment of transit bonds.

Private firms taking up infrastructure upgrading has too much power and become inefficient

Build Own Operate Transfer (BOOT): The private sector is responsible for design and construction, finance, operations, maintenance and all commercial risks associated with the project. It owns the project through the concession period and the asset is then transferred back to the government at the end of the term, often at no cost.

ECONOMIC IMPACT OF INITIATIVES

2010 2011 2014 2016 2018 2020 2022 2024 2026 2028 2030400.0

800.0

1200.0

1600.0

1313.3

Projected GDP Level (bil)

Duration: Over 15 YearsAverage Annual Growth: 6.55%

2010 2011 2014 2016 2018 2020 2022 2024 2026 2028 2030100.0

102.0

104.0

106.0

108.0

110.0

112.0

110.2

TFP Growth Level

1st Decade: 4.8% growth

2nd Decade: 5.2% growth

By accounting for the GDP growth not ex-plained by labour and capital productivity

Gross Domestic Product Total Factor Productivity

ECONOMIC IMPACT OF INITIATIVES

Unemployment Rate % of High Tech Products/Svcs

2010 2011 2014 2016 2018 2020 2022 2024 2026 2028 20300.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

9.00%

Unemployment Rate

4.5%

By extrapolating the work-ing population and the additional job creations together with the normal jobs growth

2010 2011 2014 2016 2018 2020 2022 2024 2026 2028 20300.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

45.00%

% of High Tech Prod and Services of Total Exports

40.3%

By extrapolating the in-creased exports of high end products and services from Data Analytics hub, transshipment and Fi-nance Industries

SOCIAL IMPACT OF INITIATIVES

Jobs Creation Labor Productivity Level

20142016

20182020

20222024

20262028

20300

100002000030000

41208500

12380

Additional Jobs Created ('000)

Infrastructure BuildingMNCs^*Startups and SMEs

2010 2011 2014 2016 2018 2020 2022 2024 2026 2028 2030100.0

105.0

110.0

115.0

120.0

125.0

120.8

Labor Productivity Level

Duration: Over 20 YearsAverage Prod growth: 1.91%Duration: Over 20 YearsAverage Prod growth: 1.91%

We assume the macro-economic environment has no negative shock, as we understand that events such as SARS outbreak or 911 will cause a negative productivity growth. So in a sense, the productivity growth is a pure figure.

IMPACT ON INNOVATION & BUSINESS CREATION

R&D Expenditure

2014 2016 2018 2020 2022 2024 2026 2028 20300.0

10.0

20.0

30.0

40.0

50.0

60.0

10.5

36.8

49.9

25.0

Total Expected R&D Expenditure (bil)

Infrastructure Logistics Professional Services ICT


GDP Breakdown

Agriculture, 5%Primary

Industries; 9%

Secondary Industries,

10%

Services, 70%

Other; 6%

GDP Breakdown: 2030

Agriculture25%

Primary Industries

30%

Secondary Industries

15%

Services25%

Other5%

GDP Breakdown: 2011


GDP Breakdown

Agriculture, 5%Primary

Industries; 9%Sec-

ondary Industries,

10%

Services, 70%

Other; 6%

GDP Breakdown: 2030

Service Re-lated

Trade^16%

Business Services

11%

Supply Chain30%

ICT12%

Finance25%

Others*6%

Breakdown of Service Industry

Dawn LEE Yi Min

National University of SingaporeB.A. (Hons) Economics, University Scholars Programme (USP) Fudan University, NUS Overseas College (Shanghai), Minor in Technopreneurship University of California Los Angeles, Student Exchange Programme

NUS Global Merit ScholarshipUniversity Scholars' Program Senior Honor Roll

Project Officer, Singapore Economic Development Board, Professional Service.Marketing Coordinator, Trader Analytics CorpIntern, Ministry of Finance Singapore, Social Programs DiectorateIntern, CapitaLand Limited, Economics Research Unit

Winning Team, Startup Weekend Shanghai 2011Finalist, Public Policy Challenge 2010Finalist, Frost & Sullivan Case Challenge 2013

Co-Founder, TaskAmigo (Startup that gained significant traction ~3500 users in 6mths)Welfare Committee Head, NUS Economics SocietyOverseas Projects Director, YEP WINGS Cambodia

ACADEMICS

INTERNSHIPS

COMPETITIONS

COMMITTEE

TEAM PROFILE

CHIA Kai Chung

National University of SingaporeDouble Degree Programme B.B.A. (Hons) Finance (First Class Honours)

B.A. (Hons) Economics (First Class Honours)Hong Kong University of Science and Technology , Student Exchange Programme

Dean’s List, NUS Business SchoolSingapore Chinese Chamber of Commerce Foundation Scholarship

OglivyOne, Oglivy and MatherIntern, Abbott, FinanceIntern, IBM, Asset Management

Finalist, Shell Business Case Competition 2012Second Runner-up, Google Varsity Challenge 2012 Finalist, Frost & Sullivan Case Challenge 2013

Committee Member & Facilitator, Bizad O-WeekAmbassador, NUS-DBS International Case ChallengeJunior Commander, Singapore Armed Forces, HQ SCE

ACADEMICS

INTERNSHIPS

COMPETITIONS

COMMITTEE

TEAM PROFILE

GAN Wei Yi

National University of SingaporeB.Eng. (Hons) Industrial & Systems Engineering (First Class Honours)Georgia Institute of Technology/Tsinghua University, Summer School.Technical University of Munich, Student Exchange Programme

NUS Faculty ScholarshipDean’s List, Faculty of Engineering

Winning Team, Standard Chartered Bank Young Apprentice Programme 2009Finalist, Shell Business Case Competition 2012Second Runner-up, Google Varsity Challenge 2012Finalist, Frost & Sullivan Case Challenge 2013 Winning Team, Procter & Gamble CEO Challenge 2013

Vice-President, Industrial & Systems Engineering ClubStart-up@SG Public Relations, NUS Entrepreneurship Society

ACADEMICS

INTERNSHIPS

COMPETITIONS

COMMITTEE

TEAM PROFILE

Credit Service Officer, Oversea-Chinese Banking Corporation, Business Banking.Project Officer, Singapore Economic Development Board, Logistics & Supply Chain.Engineering Intern, Hi-P International Limited, Engineering Design & Tooling.

Documents

Victorious secret finalsubmission