Opus Legacy Roundtable Series: Lam Tze Tze On Inheriting A Legacy And Her Plans For It
Lam Tze Tze from Electro-Acoustics Systems shares her experience in joining her father’s business, and her plans for the decades ahead
Diversity and continuity are two crucial issues that any sizable business must address—and revisit—as the macro environment constantly changes. These are especially important for the senior management; the former enhances the executive team’s creativity, enables a broader range of perspectives, and reduces the likelihood of blindspots, while the latter minimises any risks of disruptions to business strategy and operations.
The two issues can sometimes overlap. For Singapore-based Electro-Acoustics Systems (EAS), this occurred in 2017 when Lam Tze Tze returned from overseas to join the business, which was co-founded by her father Lam Tong Loy in 1982. Having spent the better part of a decade in Hong Kong accruing management experience in the telecommunications and biotechnology industries, she was well-poised to offer fresh perspectives for EAS, a pioneer of integrated multimedia solutions in the region. At the same time, Lam Tze Tze’s addition to the management team meant that EAS was now a bona fide family business, as both her parents remain involved in its operations.
In this instalment of the Opus Legacy Roundtable Series, jointly presented by Tatler Singapore and Opus by Prudential, Lam Tze Tze reflects on her return to join the business her father had established. She speaks to the host, Melissa Hyak, on various topics including her parents’ expectations, how her approach differs from her father’s, and the philosophies and values that she’s inherited from her father through the process of taking over the business.
Tap this link to watch the full interview.
