By Dr. A. Aruleswaran In my recent articles, The Millennium Disruption That Never Happened? and The Need for Business Model Innovation, they discussed the need to solve real problems and create innovative business models to be successful in digital transformation. The essence of this is a paradigm shift that has been advocated over more than 50 years ago. …
The Leadership for Digital Transformation Read More »
Since the Movement Control Order (MCO) went into effect in Malaysia, SMEs have been faced with limited options to keep business moving. Despite the RM250 billion PRIHATIN stimulus packages offered by the government previously, businesses still struggle to mitigate the impact of this pandemic crisis. Fast forward to today, as countries around the world including …
In Conversation with Devanesan Evanson, CEO, Minority Shareholder Watchdog Group (MSWG) Read More »
Air pollution containing high levels of toxic gases and greenhouse emissions kills approximately seven million people every year! It is mainly responsible for one third of all deaths from stroke, lung cancer, and heart diseases worldwide. However, efforts undertaken to control the Covid-19 transmission, which restricted economic and travel activity, has shown significant improvements on …
Sustainability in Numbers: An Eye-Opener to Climate Change Read More »
The Covid-19 pandemic and economic and travel restrictions had cast widespread crisis across the globe. No industry was spared and today countries have started rebuilding their economies. This presents an opportunity for governments and businesses to relook at the Green Economy business model. Although the business model has been around for years, green economy presents …
Spotlight: The Green Economy Read More »
The Covid-19 pandemic wreaked havoc on the country’s small and medium-sized businesses (SMEs). Data compiled by the SME Association of Malaysia was astounding! About 57% of the 4,280 SMEs that participated in a survey reported zero income during the MCO. 40% reported revenues dropping by half. 36% said they had enough cash to last till …
Sustaining Business – Recovery and Reforms Read More »
As Malaysia braces for the reopening of the economy, SMEs nationwide are poised to attract consumers again. With long-term shifts towards digitisation and e-commerce, supply chain diversification and contactless deliveries, are businesses agile enough to adapt to the new normal? We sat down with Claudia Cadena, Founder and Principal Consultant of Thread Advisory to gather …
Expert Views: In Conversation with Claudia Cadena, Founder, Thread Advisory Read More »
Are you looking forward to opening your physical storefront — or are you hooked on e-commerce as a potential revenue stream? As the governments around the world including Malaysia brace for the reopening of their economies, businesses will need to re-strategise quickly to attract consumers again. In my previous post, I spoke about the impact …
Business Survival Lessons for COVID-19: Data Does Matter Read More »
With the on-going Movement Control Order (MCO) in Malaysia, SMEs nationwide are faced with limited options to keep business moving. As part of our #LeadershipInAction campaign, the team at Engage SEA had the privilege to gain insights from Xin-Ci Chin, the Head of Marketing at StoreHub, on how the brand is stepping up to help …
StoreHub: “We knew we had to act fast to save as many stores as we can.” Read More »
Few days ago, I had an interesting conversation with a senior executive about the current market landscape, the transition to digitalisation, and believe it or not — data intelligence. He remarked that while brands are already pivoting to take their business online, most of their decisions are still based on semi-accurate assumptions or “gut feeling.” …
How digital intelligence can avoid costly business mistakes Read More »
Backed against a grim outlook of cash flow and supply chain challenges, SMEs and retailers are struggling to weather the pandemic storm with Malaysian retail sales losses expecting to reach at least RM5.2 billion. Only a handful of brands have enough capital to sustain their business beyond April 2020. During these challenging times, every single …
Here’s how to get your customers to spend online Read More »
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