Iceland created one of the biggest shocks in major tournament history by knocking out England from Euro 2016 with their Round of 16 victory in Saint-Denis on Monday night.
So what can fellow islanders Singapore, with a similar sized pool of players, learn from the Nordic nation?
Here are five good examples to follow:
1. Play to your strengths
After falling behind to Wayne Rooney's early penalty, Iceland rocked England with two goals in 12 minutes to establish a lead that they never lost.
They even had chances to score a third goal to further embarrass England.
But just as impressive as their attacking firepower was how good they played without the ball.
Faced up to a team of Premier League superstars, Iceland were brilliantly organised in defence and made it extremely difficult for England to penetrate as they made sure to keep their shape.
At times, they pressed to make things uncomfortable for England, while dropping deep on other occasions. The threat of the counter-attack also kept their opponents honest.
Singapore did produce a similarly resolute performance away to Japan in an AFC World Cup qualifier as they drew 0-0 in Saitama in June 2015. But while then-coach Bernd Stange will dine out on that result for a long time, the draw was more down to the individual brilliance of goalkeeper Izwan Mahbud than any tactical masterstroke.
The Lions can follow Iceland by going to the next level in terms of their fitness, organisation and sheer determination when facing up to stronger teams who dominate possession.
2. Refine set pieces
The key to Iceland's 2-1 victory was responding just 34 seconds after England took the lead.
And it was from a seemingly innocuous throw-in from Aron Gunnarson that was flicked on by Kari Arnason's header into the path of defender Ragnar Sigurdsson.
Set pieces -- long throw-ins, free kicks and corners -- have been the cornerstone of the unlikely Icelandic march to the Euro quarterfinals.
Granted, Singapore are already one of Southeast Asia's best when it comes to set pieces, given the dead-ball accuracy of Khairul Amri and Shaiful Essah, the aerial ability of Safuwan Baharudin and even the supercharged throw-ins of Madhu Mohana. But there is still another level that the Lions can climb to.
Although they can't match the size of the Iceland centre-backs when it comes to getting on the end of crosses in the box, they can work hard on the training pitch to come up with alternatives, like short corners and shallower free kicks.
The worst thing that Singapore can do if they want results against technically superior teams is to play pretty, passing football because there are so many better exponents, even in the ASEAN region.
As Iceland showed, you need to come up with the kind of style or game-plan that your opponents like the least.
3. Find a super coach
When Lars Lagerback was appointed Iceland manager in 2011, he brought a whole new level of professionalism.
Off the park, even the small details were taken care of, from a private chef to cook nutritious meals for the players, to chartered flights for big away matches. It quickly helped create a winning culture.
Lagerback, 67, who handles coaching duties in partnership with Heimir Hallgrimsson, was manager of his native Sweden for nine years and also guided Nigeria at the 2010 World Cup.
To make significant strides, Singapore need a similarly experienced and successful boss at the helm. The FAS must spend a bit more to get a big personality with a proven track record.
While V. Sundramoorthy deserves his chance as national coach on a 12-month contract having had success with LionsXII, the next appointment will be crucial. Singapore, potentially, will be playing in the 2019 AFC Asian Cup in the United Arab Emirates.
ESPN FC understands that a Premier League legend and former England captain, who has coached with success in three different European nations, is interested in the Singapore job. Surely, this is someone who should be considered, among other high profile applicants, if they are able to take the national team to the next level while creating a buzz around football.
4. Don't be afraid to pick older players
The Iceland squad has eight players in their 30th year or older, with 37-year-old Eidur Gudjohnsen, the veteran of the squad. The 87-cap striker, who has been used as an impact player at Euro, first appeared in the Premier League almost two decades ago with Bolton Wanderers before his fondly remembered stint with Chelsea.
Italy, who defeated reigning champions Spain in the Round of 16 on the same day as the Iceland triumph, had an even more experienced look, led by 38-year-old Juventus goalkeeper Gianluigi Buffon.
When Stange took over as Singapore head coach in 2013, many of the older brigade, including Mustafic Fahrudin and Daniel Bennett, were discarded, in the name of a 'youth first' policy. But, the Saitama miracle aside, results did not improve.
Of course, it is important to blood younger players and build for the future through grassroots development. This is invaluable.
But, regardless of age, the best individuals should be selected in competitive matches to achieve results.
Sundram could do a lot worse than recalling 35-year-old Mustafic Fahrudin for November's AFF Suzuki Cup campaign if the Serbian-born utility player continues to shine for Tampines Rovers in the S.League.
Sometimes it is better to take the kind of pragmatic approach favoured by the nation's most successful head coach, Raddy Avramovic, the Serbian who won three Suzuki Cups between 2004 and 2012.
5. Increase the love for football
Well before their historic victory over England, Iceland had become football-mad. It seems that every second person, regardless of their background, is part of a football club as a player, coach, administrator or supporter.
Less than a decade ago, hundreds of full-size pitches were constructed, under domes all over the country, to allow teams to play throughout the year, including the harsh winter months.
With a population of just 330,000, the country also has the highest rate of UEFA-qualified coaches per capita, with one for every 500 people.
To achieve the same kind of progress, Singapore needs to work harder to make it easier for people to play and aspire to have some kind of career in the football industry. They need to get the public excited about the local scene, rather than distant games in the English Premier League they can only watch on television.
Thankfully, the S-League seems to be stronger again after the return of the LionsXII players, and talk of scrapping the professional league has died down.
And it is good news that the ActiveSG football academy, under watchful eye of Singapore legend Aleksandar Duric, will now cater for emerging players from the ages of six and 16. But a lot more needs to be done to match the strides of a nation like Iceland.
Given their Euro 2016 run, Iceland's current FIFA ranking of 34 is likely to jump into the top 20 next month.
But a mere seven years ago, Iceland (92nd) and Singapore (110th) were only 18 spots apart, in the end of 2009 rankings. Three years later, Iceland had slumped further to 131st.
Their Euro 2016 success is an indication to Singapore about how such big strides can be made in a relatively short time if the right pieces are put in place.