[EvertonDiehard]

In the corporate world, meritocracy means hiring and promoting the most capable employees into leadership positions, based exclusively on their competency. However, in most companies in SG, cronyism is practiced. The talented are shown that their performance and capability are irrelevant to their appraisal and promotion. Disenchantment quickly leads to burnout. Most may stop giving their best at work or simply leave the company in frustration. The results of favouritism are clear. Companies are hit with a double whammy: the loss of genuine talent to competitors and being left with a management team that lacks the requisite skills and who never challenge their boss. This results in poor decision-making. The consequences of cronyism are extensive and may even destroy a company, since it inevitably leads to a brain drain.