Develop business strategy

Develop business strategy (16)

Thursday, 26 December 2019 08:48

Mission Critical : Business Foresight

To play a game, you need participants, but to win it you need a plan, a game plan. The same could be said for business. In ever-changing business world, a plan is what makes or breaks the business. With a well-made plan, businesses can stay ahead of their competitor and vice versa. However, only having a good plan is not enough, seamless execution and deployment of the plan must go hand-in-hand. This is the story of a Malaysian-made company's journey in the strategic planning and deployment project and how it motivated them to be the best.

Monday, 23 December 2019 17:48

The Edge Malaysia, October 28, 2019 - The more diversified the company, the better

As the lingering geopolitical uncertainty and worries over slowing global growth continue to weigh on the markets, some investors are placing their bets on consumer staples as a safe haven. Consumer goods are often seen as sticky and, thus, maintaining fairly stable earnings growth.

Tuesday, 17 December 2019 10:24

The Importance of Having Key Strategic Partners

The Importance of Having Key Strategic Partners

PLSB found that most successful businesses embrace partnerships in order to compete on a global scale. It was deemed as the most effective way to gain more customers, generate more revenue and penetrating new markets. PLSB chosen a few partners who are experts in their own field and delegated the task of product development to them to reduce the risks of mistakes during the inception phase. Consequently, the partnerships would contribute to higher business performance and better product innovation.

Tuesday, 17 December 2019 10:07

Langkawi Cable Car: Reaching for the Sky

“The cable car lengthy waiting time issue prompted PLSB to revise its business model in order to sustain the cable car operation. It was from there that PLSB decided to introduce boarding time system and diversify its product with a customer-centric approach, which led to the creation of a theme park with multiple attractions. The solution did not only resolve the lengthy waiting time issue, but also allowed PLSB to attract and retain more visitors thus generating a healthy revenue flow. The strategic partnerships have also contributed to the fast development of various attractions within the theme park. In its journey to provide its visitors with the best customer experience, PLSB included several attractions in a single package which gave the visitors plenty of things to do while waiting for their turn to ride the cable car.” Ir. Abu Hashim Abdul Rahman Acting Chief Operating Officer, Panorama Langkawi Sdn. Bhd.

Friday, 01 November 2019 12:28

Being a Leader by Evolving with I4.0 Technologies

“PSS is one of the leading local manufacturers that has successfully produced comprehensive packaging machinery in which 60% of our production output is in the export market. We constantly strive to fulfil our clients’ requests by continuously performing innovative upgrades in our packaging machinery. In doing so, not only we created a reputable image for PSS, but also establish strong credibility in our capabilities to deliver and exceed the clients’ expectations. We are also fortunate to have highly skilled engineers who managed to embed the I4.0 elements in our latest packaging machinery through their relentless effort in research and development.” Mr Mano Subramaniam, Managing Director, Packaging Sales and Service (M) Sdn. Bhd.

Thursday, 31 October 2019 16:14

The Edge Malaysia, October 7, 2019 - Strategies for a disrupted and disruptive world

Today, businesses are either disrupting or being disrupted. So, they should review their strategies to ensure success, said Crowe Growth Consulting Sdn Bhd managing director Michael Lim in his presentation, titled "Transformers: Myths or reality? Navigating through today's disruptions",at the Edge-Digi forum on Digital Transformation : Myths, Reality and Relevance.

Friday, 04 October 2019 10:37

July 22, 2019, The Edge Malaysia - Three years to deliver Pos Malaysia turnaround

Transformation is not a new word for Pos Malaysia Sdn Bhd. The current turnaround plan, as the company reels from its first full-year loss in 11 years, will take three years. That is the assessment of group CEO Syed Md Najib Syed Md Noor, who assumed the post in October last year - the third CEO in four years.

Wednesday, 02 October 2019 16:18

July 15, 2019, The Edge Malaysia - GrabFood eyes a bigger bite of food delivery pie

Since it started operations two years ago, GrabFood has expanded to 204 cities from just two, and it now in six countries. "We're not slowing down and we actually see our growth to be exponential rather than linear. Food is a super high priority for Grab and it is an area of big growth for our overall business. The market is under-penetrated right now and it is among the business lines where we see one of the biggest opportunitiess for the next few years," Grabfood head Tomaso Rodriguez tells The Edge.

Thursday, 26 September 2019 10:19

The Edge Malaysia - The Future Is Here (8 April 2019)

The Edge Malaysia - The Future Is Here (8 April 2019)

The state of Things (IoT) has been buzzword for many industries for almost a decade. Its adoption has passed the tipping point where it has not been a question of whether or not to implemet it. How far have industries globally adopted IoT and what kind of benefits adopters have seen on their businesses?

Tuesday, 21 May 2019 14:21

April 8, 2019, The Edge Malaysia - A Coconut Revival

It is time for the local coconut industry to shine, having been overshadowed by oil palm for decades, say industry observers. This is being driven by declining palm oilprices and rising demand for coconut-driven products.

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