Groom Your Next Generation of Leaders with SGEP

In today's intensely competitive global business landscape, having a robust leadership succession plan is key to any company's continued growth and expansion.

But systematically nurturing next-generation leaders with regional or global mindsets can be challenging, especially for promising local firms still scaling up.

This is where Singapore's Global Executive Programme (SGEP) comes in. Jointly offered by Enterprise Singapore and the Ministry of Trade and Industry, the SGEP aims to help high-potential local enterprises develop a pipeline of young talent to take on leadership roles.

Here, we will explore:

• Objectives and benefits of the SGEP
• Details on eligibility criteria and application process
• Realistic examples of participating companies
• Insights into the structured talent development pathway
• Tips for creating a successful SGEP proposal

If your Singapore company has strong growth potential and big ambitions to scale globally, SGEP can equip you with a structured approach to strengthen leadership succession planning.

Why the SGEP Matters for Local Enterprises

The SGEP aims to propel local enterprises with global dreams by:

• Building a talent pipeline to lead regional/global expansion
• Strengthening internal capabilities for leadership development
• Enhancing employer branding to attract top young talent

With structured guidance from SGEP, promising SMEs can implement robust systems to systematically identify, groom and retain next-gen leaders for sustainable growth.

Which Companies are Eligible for SGEP?

The SGEP targets local enterprises that meet these criteria:

• Singapore headquarters with strong growth track record
• Senior management commitment to nurture young talent
• Clear potential for economic impact and local job creation
• Dedicated resources to accelerate talent development

Both traditional SMEs and innovative startups across sectors can qualify for the SGEP tailored support if they demonstrate readiness to scale up globally.

SGEP Partners Companies to Develop Leaders Holistically

The SGEP goes beyond typical training programs and provides end-to-end support:

• Co-creating leadership competency frameworks aligned to the company's needs
• Structured development pathways with rotations, global attachments and stretch assignments
• Enhanced talent management and development capabilities
• Employer branding support to attract top talent

By partnering each company closely, SGEP develops future-ready leaders tailored to their unique industry and organisational context.

Examples of How SGEP Transforms Talent Strategies

Consider how the SGEP can guide two hypothetical companies:

MedTech Innovations - Scaling start-up operations abroad

• MedTech Innovations is a start-up expanding internationally
• SGEP helps structure leadership development program to build cross-cultural skills
• Young talent take up overseas attachments to ready them for regional leadership

Energy Solutions - Preparing next-gen leaders for global growth

• Energy Solutions is an SME aiming to be a global player in sustainability tech
• SGEP supports creating competency framework identifying skills needed
• High-potential executives are groomed via stretch projects and assignments

The close guidance enables companies to transform their talent management strategies.

4 Tips for Developing a Strong SGEP Proposal

When applying for the SGEP, we recommend:

1. Articulate your global expansion plans and talent needs
2. Highlight senior management commitment to nurture young talent
3. Outline proposed initiatives to strengthen talent management
4. Quantify expected outcomes e.g. leadership pipeline size, local jobs created
5. Emphasise willingness to co-develop and co-fund the programme

Submitting a compelling proposal clearly demonstrating your commitment and strategic needs will position your company well for this highly tailored support.

Get Started on Developing Tomorrow's Leaders

In summary, the Singapore Global Executive Programme enables promising local enterprises to build up a robust leadership pipeline to drive their regional and global ambitions.

The SGEP provides uniquely customised support based on each company's strategic talent development needs.

To explore how the SGEP can turbocharge your talent and leadership strategy, connect with the Enterprise Singapore team today.

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How does it work? Here's the TLDR

1. Provides dedicated support and guidance to enterprises, such as access to humanresource expertise and benchmarking data to help enterprises strengthen theirhuman capital capabilities and elevate their talent management practices.
2. Supports enterprises in their branding and outreach efforts to position them asattractive employers offering exciting career opportunities.
3. Works with enterprises to create a curated career development pathway andexpose young local talent to growth opportunities along this pathway. This can bedone through overseas attachments, leadership development programmes andnetworking amongst a growing community of like-minded young talent. The SGEPwill also support resources to build in-house HR team, enabling them to implementtheir in-house talent development programmes.

For contact and further details: refer to this document ↗️