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Conference Urges Myanmar Businesses to Scale Up, Reskill Workforce
26/11/2019
Businesses need to develop a scaling-up strategy and reskill their workforce in order to succeed in today’s global marketplace, according to speakers at a recent conference titled “Scaling Your Business: Grow-Connect-Leverage Business Success”.
Organized by Bangkok-based executive, leadership and innovation education center SEAC (Southeast Asia Center), the November 15 event at the Melia Yangon Hotel was attended by more than 400 local business leaders from top companies across various industries.
“Businesses in Myanmar are facing a myriad of challenges. Even when many businesses have been growing, they have also reached the stage where growth may not be enough,” said SEAC’s Chief Capability Officer and Managing Director Arinya Talerngsri and Chief Learning Architect James R. Engel during the opening ceremony.
Growth depicts how a business expands in size but a scaling strategy stimulates business to gain revenue by being more effective while using minimal resources, according to Talerngsri and Engel.
The conference featured sessions on business agility, design thinking, reskilling as a way to develop talents and mindset and culture as well as a panel discussion with top executives from Thai companies in different sectors and industries.
The key message from all speakers at the event was that people are the key driving force for business success. To stay relevant in today’s global environment, business organizations need to ensure that their people never stop learning new skills and knowledge.
A lifelong learning center, SEAC offers development solutions that can be customized to serve organizations’ different needs, including to ensure the ability to upskill and reskill their workforce.