Moving on to Part three of Phillip Fisher’s stock investing checklist, let’s look at the next three characteristics that he looks for when analysing companies. You can read Parts one and two here and here. 7. Does the company have outstanding labour and personnel relations? This factor explores if the company in question has good relations with its labour unions. In Singapore’s context, labour unions are not a common phenomenon and the only major blue-chip company that has a union is Singapore Airlines Limited (SGX: C6L). Nevertheless, labour union or not, you need to figure out whether the management treats its workers fairly.. If this information is not readily available, then you should question the compensation and remuneration structure for top performers. A well-run company that employees enjoy working for makes for a conducive environment for building a strong business, thereby enhancing shareholder value. An investor can also visit the company’s website to assess if there are social activities organized...