The 1-Minute Interview
Managing Director, Steven Tan Russell Bedford PAC
Could you share with us some interesting highlights of your job?
Let me relate to you an assignment we just did.
Recently we took on an assignment to help an elderly lady determine where her money went. She has a few bank and fixed deposits accounts and believe she should have more money in the bank. Her daughter told me her mum was very bothered and was having sleepless nights. We did a detailed analysis of her banking transactions for the past several years and reported the results of our findings in a visual form- graphs and pie charts.
Something an old person can better understand than a lengthy report laden with numbers.
At a social function a fortnight ago, her daughter came up to me and told me she and her mum were very appreciative of what we have done and were very touched that my partner went to her home to explain to them the results of our findings. Her mum is not stressed now and can sleep better.
It’s good to know we accountants too can help soothe anxiety.
What makes your organization a great place to work in?
We encourage our staff members to challenge and better themselves by taking on assignment that they have not done before. We guide and help them along. When an assignment is done well and on time, they feel a sense of pride and are more confident of their own ability. We recognize and reward our staff members for their effort and contributions.
What is the one trait you have which has led to your success?
As a professional person, this is a must have. You cannot afford reputational risk.
Could you share what your management style is like?
Collaborative. I seek input and feedbacks from my partners and senior staff members as part of the process of decision making.
With an unpredictable global economy this year which would have an impact on Singapore, should businesses be more cautious in hiring or will it be an opportunity to hire good talent who may be available for employment?
I believe this is an opportunity for SMPs to hire good talents. When the economy is doing well SMPs have no chance to recruit them.
How do you spot potential leaders and what does your organization do to groom them?
We look for people of integrity with the technical skills set we require. We empower them. We like to see them take on responsibilities and calculated risks, and to grow with the firm.
And finally, with such a demanding schedule, how do you manage balancing work and family? What advice can you offer?
I have my meals as often as I can with my family and a group of close friends especially during the weekends. Stay healthy and spend as much quality time as you can with your family and friends. At the end of the day, your health and they are all that really matters.