ST Engg Annual Report 2002  

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Letter To Shareholders
Financial Highlights
Financial Review
World Stage
In Search Of   Excellence



Board Of Directors
Senior Management
Organisation Chart



Our Human Capital
Remuneration Data
  And Headcount

Shaping The Future
  Of Engineering



2002 Highlights
Awards
Investor Relations
  Calendar 2002



Aerospace
Electronics
Land Systems
Marine


Corporate Governance
  Statement

Report Of Corporate
  Governance Activities   In 2002


Financial Report
  In PDF Format

 

 
 



ST Engg's belief in the importance of its people is the main driver behind a policy of consistent investment in not just recruiting the right people, but also in creating an environment and culture where the drive to excel and innovate is appreciated and rewarded.

In a challenging industry where constant changes in technology and fast turnaround are the rules of the game, the "can-do" spirit and ability of ST Engg's people to work quickly and effectively as a team to deliver high quality products and services, on-time every time, are what sets them apart.

ST Engg Human Resource contributes to this through a strategic recruitment policy, with stringent standards and a comprehensive portfolio of training and development programmes, to ensure that the right competencies are in place for effective and efficient job performance, in pursuit of the Group's overall business objectives.

THE SPIRIT OF ST ENGG

ST Engg has come to be known in the industry for the spirit of its people and their drive to excel. The secret behind the Group's success is its ability to attract the right people with the passion and creativity to take ST Engg to the next level.

New recruits of promising young engineers and professionals from all disciplines are given the opportunity to work in various operational areas to provide them with the exposure and hands-on experience they need. Job rotation serves to give them a comprehensive overview of the Group's diverse operations and the opportunity to work with different teams. A win-win situation is created for both ST Engg and its staff as the Group benefits from the invaluable contribution of talented staff, and at the same time, each and every individual is given the opportunity to
grow and realise his full potential.

ST Engg's future leaders will be chosen from these young professionals who have the business acumen, operational exposure and most importantly, the ability to adapt quickly to changing market forces to lead the Group into future phases of growth.

In a business where projects are often developmental in nature, the challenges and pressures can be overwhelming. However, ST Engg differentiates itself through its teams of dedicated managers and staff who are not afraid to roll up their sleeves and do whatever it takes to get the work done.

The Group empowers its people to take calculated risks and make informed decisions for the business. As a result, ST Engg has developed a culture of innovation which encourages new processes, products, systems and services.

ENGINEERING THE HUMAN CAPITAL
Recruiting the right people, building a culture of innovation and having the right mix of training and development programmes are core components in ST Engg human resource policies. ST Engg Human Resource supports the Group's business objectives by constantly designing strategic training and development programmes in order to provide staff with the skills and competencies needed to deliver increasingly complex and sophisticated products and services to its customers.

A major priority of ST Engg is the development of well-rounded leaders with both the soft and hard skills to fulfil the Group's immediate and long-term needs. As such, a broad approach is taken to training and development where staff are given training beyond the immediate skills required for their jobs. For example, all managers are required to undergo legal and financial training to equip themselves with a basic understanding of contractual and accounting principles and practices that will help them make informed business decisions.

For its top executives, ST Engg invests in education programmes in top overseas institutions, from Stanford and Wharton in the US to INSEAD and the London Business School in Europe. These programmes provide them with the latest management concepts and practices as well as the opportunities to build international networks with top industry and corporate leaders.

The Group's commitment to training and development has also led it to invest heavily in courses that help its staff better understand and anticipate customer requirements. On a regular basis, ST Engg sends selected staff to attend courses and post-graduate programmes which are developed by MINDEF for its staff and partners. One such course is the 18-month Master of Defence Technology & Systems programme which focuses on providing staff with an in-depth understanding of the complexities of military force and the ability to create maximum leverage by integrating operations and technology.

The ST Engg-MINDEF Job Exchange programme further enables ST Engg's high-potential employees to spend a year on secondment to one of the Group's largest customers to build a better understanding of their present and future needs.

UNITED IN SPIRIT
Through the up-and-down cycles of global demand and increasing competition, ST Engg will build its present and future success on the spirit and drive of its people to consistently achieve the seemingly impossible, and do so as a team working tirelessly together.

 

The Spirit Of ST Engg

Engineering The Human Capital

United In Spirit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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