MGBF Highlights Business Opportunities in Critical Value Chains

The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of Trade and Industry Malaysia. Her session, ‘Maintaining Strategic Interests in Critical Value Chains’, focused on the salient question – how do nations compete? (Watch the session by clicking here) Also playing a key role was Yang Berhormat Senator Datuk Ras Adiba Radzi, Chairman of BERNAMA, who has continued to champion the role of persons with disabilities (PWDs) within the context of economic recovery post-COVID-19. Her session on ‘Addressing Disruption in Supply Chains’ explored the use of technology that will empower individuals to become more productive and contribute in a more meaningful way to the nation’s gross domestic product (GDP). (Check out the panel session here) Founding Chairman of [...]

MGBF Highlights Business Opportunities in Critical Value Chains2022-09-18T08:57:28+08:00

The Inescapable Reality of Crisis

We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that catches unprepared decision makers off guard in a web of entanglement. Yet, crisis has become an advanced business strategy, a political survival strategy, a cunning military strategy. That means everything can and eventually will be weaponised to achieve a strategic objective. Nowhere is this more prevalent than in seemingly obscure components of a critical value chain. Malaysia has seen several prime examples in recent times – palm oil, the glove industry and, as of a few days ago, the semiconductor sectors received external pressure due to their critical importance in defence technologies. What critical value chain do you find yourself [...]

The Inescapable Reality of Crisis2022-09-18T08:58:17+08:00

ADDRESSING CYBER ATTACKS IN A HYPER SENSITIVE MEDIA ENVIRONMENT AND THE IMPACT ON STAKEHOLDER VALUE

The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Addressing Weaponised Information in the Media’ was held in a hybrid setting today at the Hilton Kuala Lumpur. The discussion focused on addressing one of the most relevant threats to businesses in the digital economy – cyber threats causing physical and reputational losses. In attendance as guest of honour was Rear Admiral Dato’ Shamsuddin bin Hj Ludin, Director-General (DG) of Defence Cyber and Electromagnetic Division (DG BSEP) of the Malaysian Armed Forces under the Ministry of Defence, and co-head of the cyber defence security conference and exhibition – Defence Services Asia (DSA) and NATSEC Asia 2022. The advancement of technology coupled with a hyper connective landscape has opened the door to cybersecurity attacks that ultimately threatens both national security and the economy at large. According to a report by Malaysia Digital Corp (MDEC), Malaysia faced an estimated loss of RM51 billion [...]

ADDRESSING CYBER ATTACKS IN A HYPER SENSITIVE MEDIA ENVIRONMENT AND THE IMPACT ON STAKEHOLDER VALUE2022-04-11T13:32:04+08:00

The battlespace has evolved. The objectives remain the same but tactics have changed.

The battlespace has evolved. The objectives remain the same but tactics have changed. "The Cognitive Game" explores how critical corporate supply chains are impacted by cognitive attacks. These attacks play out in the digital and physical worlds, on the surface they may seem like cyber attacks or attacks in the media by activists but they go deeper than initially imagined. We will look at what it means for countries and corporations to fight a conflict in the collective minds of constituent populations. The convergence of human knowledge has come down to how leaders will marshal their resources, but what are the strategic resources in cognitive warfare? What are your core strategic interests and what are the gaps in your defenses? Check out the opening gambit of the game here: https://youtu.be/gW-ZS2iGkmc

The battlespace has evolved. The objectives remain the same but tactics have changed.2022-04-11T16:19:34+08:00

What businesses need to know about foresight in Malaysia

The current floods that have impacted various parts of the country have given rise to an extensive commentary on the response cycles of various stakeholders.  It has in turn led to continued crisis communications and statements in the media by agencies and ministries alike.  This binary approach to the discussion has also created a perceived “us and them” situation when in a crisis of this nature there should only be “we”. Instead of being anxious about the ongoing commentary and flood of social media comments, the government should now take the opportunity to actively listen and embrace the process. This is free business intelligence, especially if the business model is keeping people happy and safe.  Don’t let the critical data go the way of the floodwaters – simply flowing into the oceans or seeping back into the soil. The challenge will be organising the information into a meaningful framework. For [...]

What businesses need to know about foresight in Malaysia2022-04-11T12:53:25+08:00
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