Malaysia misses Vision 2020 target

On May 5, 2021May 5, 2021 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?

A $150M food empire that started with one noodle-stall

On May 5, 2021 By LS HIn Business Fundamentals, Career, Human Resource, ValuesLeave a comment

The Fei Shiong group started as a single fish-ball noodles stall. Today, it has 15 brands and 160 outlets. This is one of the successful F&B start ups that has thrived through the years in Singapore. Check out this interview with the founders.

A retail household brand closes after 162yrs in Singapore

On May 5, 2021May 5, 2021 By LS HIn Business Fundamentals, ResilienceLeave a comment

After 162yrs, Robinsons will be shutting down in Singapore. This is a solemn reminder of what happened to Nokia when they did “nothing” in the wake of the technological innovations from Apple and Samsung. Robinsons continued mainly as a brick-and-mortar retail store even as e-commerce took prominence. This article examines what retailers can do to stay relevant to the market.

Real Madrid had the highest revenue during the covid year of 2020

On May 5, 2021 By LS HIn Business Fundamentals, Economy, InnovationLeave a comment

All football clubs experienced drop in revenues in 2020. With lockdowns and matches without fans, the main cause of revenue declines is clearly due to having no match ticket sales. In spite of this, Real Madrid has turned in 681M euros. Perhaps this is the time for football clubs to re-examine their business models and revenue mix strategies so that they have a sustainable future.

Good application of driverless technology

On May 5, 2021 By LS HIn Business Fundamentals, Human Resource, InnovationLeave a comment

This is a good application of driverless technology – deploying them in road sweeping vehicles. It’s hard to sustain a workforce to drive these vehicles. Having driverless ones will definitely see pay-offs.

Is this the next Tesla?

On May 5, 2021 By LS HIn InnovationLeave a comment

Rivian, maker of electric pickups and SUVs raised $3.5B and seems poised to be the next Tesla as the electric vehicle market heats up. Just what is so special about Rivian? Check out this article.

Jeff Bezos steps down as Amazon CEO

On May 5, 2021May 5, 2021 By LS HIn Business Fundamentals, Career, Human ResourceLeave a comment

If you are an entrepreneur, you need to step away and let someone else lead at some point. This should be part of succession planning. We’ve seen Bill Gates and even Jack Ma do the same. Otherwise, there will be no future for the company. Do you have such plans in your company?

Singapore’s sovereign wealth fund is top investor in 2020

On May 5, 2021 By LS HIn EconomyLeave a comment

Singapore’s Government Investment Corporation (GIC) took top spot in both 2020 and 2019, measured by capital deployed. 2020 was a year when markets were depressed by the COVID-19 pandemic. That’s probably the best year for investing in view of the upturn expected in the 2nd half of 2021.

Digital transformation is not just about technology

On May 4, 2021 By LS HIn Business Fundamentals, InnovationLeave a comment

Digitisation is different from digitalisation. Digitisation is simply to convert something which is analog into digital form. Digitalisation has to do with re-engineering a process end-to-end with the help of technology. It is not just about technology alone. In fact, the process is more important than the technology itself. Technology is just the enabler. The process provides the experience – which is probably what matters most in determining the success of digital transformation.