Lucky Number 8 for MindChamps PreSchool at the Enterprise 50 Awards 2017

November 23, 2017

(Left to right) Mr. Ong Pang Thye, Managing Partner, KPMG in Singapore; Mr. Heng Swee Keat, Minister for Finance; Mr. David Chiem, Founder CEO & Executive Chairman, MindChamps; Mr. Wong Wei Kong, Editor, The Business Times; Mr. Samuel Tsien, Group CEO, OCBC Bank.

MindChamps PreSchool clinched the No. 8 position and joined the Top 10 ranking as a first-timer at the 2017 Enterprise 50 Award.
To achieve this, MindChamps PreSchool went through a rigorous assessment process and scrutiny by judges from KPMG, The Business Times, International Enterprise (IE) Singapore, Singapore Business Federation, and SPRING Singapore, who evaluated MindChamps PreSchool against a set of quantitative and qualitative criteria.

How MindChamps PreSchool Earned the Top Spot

Exemplifying this year’s theme, “Innovate, Grow & Succeed: Staying competitive in today’s economy”, MindChamps PreSchool’s outstanding performance and ability to innovate, lead, and manage stood out when benchmarked against its peers and other industrial contemporaries.

Founder CEO and Executive Chairman, Mr. David Chiem said,

“While we are honoured that our financial growth and business numbers has garnered recognition from Enterprise 50 and earned us this award, for us at MindChamps, we have always believed that the numbers mean nothing unless we are truly making a difference to society through education.”

Related: Another Superbrands Win for MindChamps – Is It About Branding or Standards?

Leading the Way to Success

mindchamps preschool

This year’s black-tie gala ceremony and dinner took place at the Resorts World Convention Centre.  Mr. David Chiem received the Enterprise 50 Award from the Guest of Honor, Mr. Heng Swee Keat, Minister of Finance, who graced the event with his presence.

According to a Straits Times report, Mr. Heng Swee Keat told the winners at the ceremony that companies which want to do well in a fast-changing environment must build key capabilities. These include innovation, internationalisation, harnessing technology and developing human capital.

“Ultimately it comes down to whether a company’s leadership is convinced that it needs to transform, and whether it has the will to transform,” he said, adding that it is this “spirit of enterprise” that will enable firms to stay relevant in the future economy.

Indeed, for an organisation to achieve a certain level of excellence and be awarded the Enterprise 50 status, the person at the helm is very important. As Mr. Adrian Tay, Senior Director of Communications at MindChamps shares,

“Leadership plays a very important factor into how the organisation and its staff perform. David has that ability to get the whole team behind him to achieve the vision that he first set out to accomplish. For that, I am happy to be a part of this global movement.”


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