Business Forum to tackle sustainable business practices

Posted on  08/09/2011  |  Media Centre

Thursday, September 8, 2011

ASIA Inc Forum is set to hold a half-day forum on sustainable business practices at the Radisson Hotel on September 15.

In a statement, the forum organiser said that guest speaker Steve McCoy, founder of Kuala Lumpur-based boutique consultancy firm Counterpoint, will give a presentation called “Sustainability Strategy in the Right Direction”, which will tackle sustainable approaches to “reaping opportunities”.

The statement quoted McCoy as saying that there has been a gradual awakening around the importance of environmental and social factors in the corporate sector, particularly in corporate America and Europe.

The statement said he saw opportunities in cost savings from improved operational performance and efficiencies; in minimising business risks and improved safety; and from improved recruitment and retention of talented employees.

“In addition there are opportunities for cost savings and income creation through improved employee morale and productivity, and through improved access to capital,” the statement said.

“He also said that longer-term opportunities include growth generated through the development of new products; access to new markets and new market share; enhanced brand recognition and reputation; improved customer loyalty; and improved supply chain management,” the statement added.

McCoy’s talk will be followed by a “town hall discussion” around prospects, strategies and drawbacks for Brunei, which will be led by a panel of three leading business figures, the statement said.

Oz Ahmed, associate director of Wholesale Banking in HSBC Amanah Malaysia, will provide an overview of the future of banking in Brunei, the statement said.

It also said that Yang Berhormat Pehin Orang Kaya Seri Utama Dato Seri Setia Haji Yahya Begawan Mudim Dato Paduka Haji Bakar, the Minister of Industry and Primary Resources will likewise deliver a keynote address on Business Opportunities in Strategic Industries in line with Vision 2035. This, it added, will be followed by a Q&A session.

The Brunei Times

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