The document discusses four principles of good governance in Singapore:
1) Leadership is key - Having capable and honest leaders who make decisions for the long-term success of the country is important.
2) Anticipate change and stay relevant - The government must take risks and make forward-looking decisions to prepare for future challenges.
3) Reward for work and work for reward - A meritocratic system gives equal opportunities and rewards performance, encouraging hard work.
4) A stake for everyone, opportunities for all - Greater participation in decision-making builds stronger bonds between people and country.
The document argues that "leadership is key" is the most important principle as capable leadership is needed to ensure