When the phrase “Making a dent in the universe” is mentioned, the late Steve Jobs came into the mind. I mean, even if you are not using an iPhone, who don’t know what an iPhone is right? The book by Kanyin Chief Editor, Carol Lin – Global Malaysian Brands, is all about Malaysian businesses with humble beginnings and making an impact in the global scene over the years. This is Kanyin Publication first premium series – retailing for RM 49.90 in major bookstores, ranked top 10 bestseller in Popular bookstores and endorsed by some of the major Malaysian companies you know – Khind, Lingham’s Chilli Sauce and Top Glove, where their success stories are featured in this book.
As you would have guessed it, this is a long overdue giveaway post, courtesy of Kanyin Publications. There are 2 giveaway autographed copies to be given away. I am not going to do a conventional review of the entire book content, but I’d like to quote some of the philosophies of these founders, CEOs and MDs of these successful Malaysian companies. The same philosophies can be applied whether one is running a business or climbing the corporate ladder.
Through the years as business grew, I realized one important fact – that was, innovating to stay ahead of the competition.
– if we are doing the same thing as our competitor, then there is no Unique Selling Point, making the products or services a commodity or indulge into price wars.
The strategy of a win-win situation is through joint ventures.
-no one knows and can do everything. It is worth paying some money to outsource to more competent parties to achieve certain goals, and to complement our strengths/weaknesses.
To conquer a market, we need to be precise.
-different market segment has different category of customers and price point
In business, never think you are too good, and never stop growing and learning; keep improving and keep moving. When you stop to nurture and introduce new ideas, it doesn’t mean your competition will do the same. Remember the moment you stop is also the moment your business ends.
-The only constant is change
In everything you do, either you get better or you get worse, but you never stay the same for very long
When you are new to a business, with no experience at all, the only thing you can do is to learn, and to learn FAST!
In this fast changing world where it is no longer the case of the big fish eating the small fish, speed is crucial because today, it is the fast fish that eats the slow fish
It is Top Glove’s principle not to hire smokers(!)
– I find this rather unique for a company HR policy but commendable indeed!