Tag: Economy

The value of values in economic growth

On By LS HIn Business Fundamentals, Economy, Human Resource, ValuesLeave a comment

When countries pursue economic growth at all costs, they will soon find themselves “without a soul”. Hence, I find this article so appropriately put – the value of values in economic growth. When economic growth is experienced embracing values, the social fabric of the country remains strong. The same will be true for companies. Growth should never be at the expense of values. Check out this article.

Will all future retail stores be like this?

On By LS HIn Business Fundamentals, Economy, Human Resource, InnovationLeave a comment

This convenience store managed by Cheers has no cashier and no check-out counter. You register your faceID, visa payment card and start shopping. Sensors in the store will keep track of your presence in the store and the items you scan upon purchase. When you leave the store with those items, your credit card will be charged accordingly. Is this the future of retail? Interesting times!

Malaysia misses Vision 2020 target

On By LS HIn Business Fundamentals, Economy, ValuesLeave a comment

I vividly recall how the country was energised by the vision of then Malaysian PM Dr Mahathir to bring the country to first-world standards by 2020. Now there is a new “Shared Prosperity Vision 2030” target to create a more equitable economy to make the country the centre of Asia. What can we learn from this when setting visions for companies? What can we do in tracking execution plans so that visions can be re-calibrated or have the runway extended?