LEADING BY EXAMPLE
Stefanie Ng, CEO of AUDEMARS PIGUET Southeast Asia, offers a glimpse into her leadership style and professional journey with the Swiss watchmaker, writes kiran pillay
Stefanie Ng, CEO of Audemars Piguet Southeast Asia, offers a glimpse into her leadership style and professional journey
RESILIENT, EFFICIENT, AND ALWAYS ON THE MOVE – STEFANIE NG, CEO OF AUDEMARS PIGUET IN SOUTHEAST ASIA, is a remarkable leader, reflecting brilliance and sophistication. Like the timepieces created by the company, her business style upholds consistency, ingenuity, and attention to detail in line with the principles of the only watch brand to remain in the hands of its pioneers.
“Being independent and owned by the founding families means the ethos of the brand is consistent. This consistency is always present in the strategy, direction, and wherever the brand goes,” Ng explains. However, this parity is no obstacle to Audemars Piguet’s strong sense of innovation in product design, marketing, and vision, ingrained in the brand’s DNA from its inception.
No stranger to the luxury watch industry, Ng began her career under The Swatch Group at Breguet, Blancpain and CK Calvin Klein. “What drew me to Audemars Piguet is the company and its people. Its values and direction have given me interesting perspectives on the watch industry while helping expand my horizons, first as a marketer and then as a leader. AP is where I feel at home,” the Singaporean native reveals.
Ng joined Audemars Piguet in 2012, honing an already impressive talent for effective communication by taking charge of the brand’s marketing efforts across nine countries around Southeast Asia. In that role, she flourished under transformational leaders while observing that
the tight margin between commercial and brand goals was crucial to the company’s success.
In October 2019, Ng took the helm as the company’s first female CEO of the region, including India and Australia. “My approach naturally centres on inspiration, motivation and mobilisation. That said, I think that as leaders, we need to adapt and be flexible in how we administer our leadership methods, and that’s what I practice in my position,” Ng shares.
Promoted by merit, Ng’s ascent underscores Audemars Piguet’s belief in diversity helps prove that the watch industry is no longer a male-dominated world. “Our president of the board of directors is Jasmine Audemars. Our chief brand officer and head of product are both women. It is not about gender but the suitability of the talent,” Ng asserts.
“Good leadership is not defined by gender constructs. Part of what it means to lead is the ability to work together with your team. It is never about one mastermind finding the solution to everything; it is about an ability to communicate,” the executive elaborates. She believes that good leaders can emotionally align themselves with their audience through conversations and the policies that they roll out.
Four months into her stewardship, Ng’s ability to lead was put to the test by a twomonth-long lockdown that forced all retail businesses into pause. Though restrictions have lifted, Singaporean borders have remained shut for over 16 months, cutting Ng off from meeting with teams in Malaysia and Thailand – a hurdle for any leader. “COVID-19 is like a hurricane sweeping across the entire world, disrupting the norm,” Ng describes.
Yet under enormous pressure, diamonds are formed. Ng propels the workforce forward with positivity, finding mutual support and encouragement within a united dynamic. “Although I call the team regularly, the connection differs from informal face-to-face interactions. But I realise I have a great team of co-workers willing to weather the uncertainties and challenges together, and this is the greatest reward for me.”
The challenge continues as Ng and her team push boundaries, finding new ways to connect with and captivate clients remotely. “We had to look for innovative ways to share updates regarding our novelties. Notably, we learned and implemented new technologies to make this an unforgettable experience, like our Live Broadcasts from Le Brassus.”
While Ng celebrates success, she looks forward to returning normality to continue nurturing relationships with clients. “It remains key to engage with each other in real life as soon as conditions allow. Building true relationships goes beyond the digital world,” the CEO says.
2021 is an exciting year for the Swiss watchmaker, reflecting a desire to extract lessons from the solid foundation of the past to forge a focused path for the future. “This year, we will be presenting a variety of product launches as a testament to the uncompromising blend of tradition and forward-thinking at the very heart of Audemars Piguet,” Ng explains. Around 60 new models will release throughout the year, thoughtfully catered toward client needs.
The charismatic executive makes no secret of her taste for boldly complex, modern masterpieces. “Some of my personal favourites from the 2021 novelties include the Code 11.59 by Audemars Piguet featuring a ceramic middle case, the 34mm Royal Oak in black ceramic and the interchangeable strap system for the new Royal Oak Offshore models that I have been waiting for.” She also notes the theme for ladies’ timepieces, effortless encapsulating the spirit of the contemporary woman, “evading traditional notions to follow her own path.”
Asked about the future, Ng leaves us with a tantalising hint on exciting things to come. “2022 will certainly be a special year for Audemars Piguet as we celebrate the 50th anniversary of the Royal Oak collection.”