Navigating Economic Turbulence and a New Leadership Era
In 2006, Cyclect underwent a critical transformation as the third generation of the Tan family—led by Melvin Tan, Marcus Tan, and Ee Wei Tan—took over leadership of the company. This transition occurred during a challenging period marked by broader economic uncertainty, with many industries grappling with rising costs, market volatility, and shifting client demands. Cyclect itself faced significant internal pressures to adapt and renew its services to remain competitive and relevant. The new leadership team stepped in with the responsibility of guiding Cyclect through these turbulent times, bringing a fresh vision focused on modernization and diversification.
Embracing Innovation and Sustainable Growth
Determined to stabilize and revitalize the company, the new generation initiated several key changes to reposition Cyclect for long-term success. They expanded the company’s focus beyond traditional engineering services, targeting emerging high-growth sectors such as green energy solutions, high-tech facilities management, and pharmaceutical manufacturing. Embracing the values of integrity, determination, and innovation inherited from previous generations, the team invested in upskilling the workforce, adopting new technologies, and implementing sustainable engineering practices to meet the evolving demands of clients in Singapore and the region. This leadership transition was more than a succession—it marked the beginning of a new chapter for Cyclect, enabling the company to overcome immediate challenges and lay the foundation for future growth.
