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Enterprise Explores

BFM Media

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

news business news

All Episodes

26:27

How Apple Has Avoided Mass Layoffs, So Far.

Enterprise Explores ·

2023/02/12

According to Crunchbase, more than 77,000 workers in U.S.-based tech companies have been laid off in mass job cuts so far in 2023. However, one BigTech company has managed to avoid mass layoffs so far - Apple.We explore this with Jack Kelly, Founder and CEO of WeCruitr, and Senior Contributing Writer for Forbes, including areas such as:-How Apple has managed to avoid mass layoffs so far.-Whether Elon Musk kicked started the layoff snowball in tech.-key lessons that managers and employers can learn

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40:02

Are You Willing To Earn Less To Change The World?

Enterprise Explores ·

2023/02/09

There’s no shortage of fresh graduates who want to change the world. Full of life, aspirational and ready to take on anything that’s thrown at them. They work hard, and genuinely want to make a difference in a world that’s often jaded, and less than forgiving.A recent report in the American Sociological Review suggests college graduates who are looking for a role with a ‘higher purpose’ will often accept a job that pays less, as long as they feel as though they’re ‘useful to society’.These

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33:31

What VCs Look For in Serial Entrepreneurs

Enterprise Explores ·

2023/02/08

Instagram co-founders Kevin Systrom and Mike Krieger have launched a new venture to explore social apps, which includes their debut product Artifact. Techcrunch describes the app as “a modern-day twist on Google Reader”, but utilising machine learning and AI.While Instagram was a highly successful startup, building a second successive winning startup is a big task, especially considering the high failure rate of startups. So today on BizBytes, we ask the question, what does it take to be a

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36:37

Warning Signs You’re Scaling Up Too Fast

Enterprise Explores ·

2023/02/07

After years of expansion in Southeast Asia, Chinese e-commerce giant JD.com is shutting down its Thailand and Indonesian platforms. While company did not give a reason for the closure, it is largely being seen as a major setback for the company’s overseas expansion efforts.On the back of this, we speak to Aaron Sarma of ScaleUp Malaysia on how to scale up sustainably, potential pressure on startup valuations, and startup spaces he’s watching in 2023.See omnystudio.com/listener for privacy

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34:23

The Future Of The Orange Economy In Malaysia

Enterprise Explores ·

2023/02/06

The domestic creative industry has been recognised by the Government as one of the high-impact strategic industries given particular focus under the 12th Malaysia Plan. The creative industry is also targeted to contribute almost RM32bil to the GDP by 2025.MyCreative Group (aka MyCreative Ventures Sdn Bhd) is established to advance the creative industry, and drive the country's Orange Economy under the supervision of the Ministry of Communications and Digital. How is Malaysia working towards

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23:04

What’s Next For HelloGold?

Enterprise Explores ·

2023/02/02

Last week, Malaysian-based fintech HelloGold announced that they would be closing down its consumer businesses in Malaysia and Thailand, its core business.In an email to depositors last week, HelloGold said that the “business in its current form is no longer commercially viable in the current market conditions,”Today on BizBytes we speak to Robin Lee, CEO and Co-Founder of HelloGold on how it got to this, what comes next for HelloGold, and what startups and founders can learn from this.See

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36:03

No Listed Salary? No Thanks!

Enterprise Explores ·

2023/02/01

Employers that don't share pay ranges in a job posting may lose out on talent from soon-to-be and recent graduates.According to a new survey of recent and upcoming US post-secondary and recent graduates, 85% reported they are "less likely to apply for a job if the company does not disclose the salary range in the job posting."Does that sentiment hold true here in Malaysia? We hear from Cilia Rasasegram, Chief Experience Officer, Kindler Employee Experience about how fresh graduates and Gen Z in

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20:41

Tapping into Live Selling - The Tips, Tactics, and...

Enterprise Explores ·

2023/01/30

80% of Malaysian consumers report cutting back on their non-essential spending according to insights from PwC.In order to better navigate this challenging environment, businesses may need to start considering new and more effective marketing strategies in order to keep sales going. And one of these channels is live selling.The Enterprise team explores this with Fariz Maswan, Head of Sales & Partnership at Ninja Van Malaysia.Ninja Van recently released a whitepaper, focused on live selling in the

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24:26

5G To Drive Tech Hiring and Other Tech Job Trends in...

Enterprise Explores ·

2023/01/30

According to Crunchbase, more than 58,000 workers in U.S.-based tech companies have been laid off in mass job cuts so far in 2023, but what’s the situation like in Malaysia for the tech sector job market?We speak to Fahad Naeem, Country Director at Randstad Malaysia to find out.Photo Credit : Shutterstock | VideoFlowSee omnystudio.com/listener for privacy information.

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29:48

Stepping Down As A Leader - The Mahathir or Ardern Way?

Enterprise Explores ·

2023/01/29

Besides politics, it is rare for leaders in business organisations to step aside as it takes a different level of self-awareness to do so.As leaders balance the desire for power and corporate responsibility, there is a right time to leave. When is the right time?Should it be at the leader’s peak or lowest? How should it be done? We discuss this with Hetal Doshi, CEO & Organizational Psychologist of O-Psych, to know when it’s time to let go, no matter how much leaders desire to cling on.Photo

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27:09

Malaysia To Lead The Islamic Digital Economy?

Enterprise Explores ·

2023/01/26

In case you hadn’t heard, quite a lot of people are worried about a global recession in 2023. That said in Malaysia, some economists that The Edge spoke to earlier this month, don’t expect to see a recession but do expect a slowdown in growth.Now whether it’s a recession or a slowing of growth, this could mean a potential impact to revenue of some businesses, and while one way to deal with this is to cut costs, the other is to look into growth areas and tap into that.Today on BizBytes we take a look

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35:26

Is Gen-Z To Blame For The Hotel Staffing Shortfall?

Enterprise Explores ·

2023/01/25

The hotel sector has found it to be difficult to replenish its workforce as hotel jobs are perceived as 3D -- dirty, dangerous and difficult — which has long been considered unappealing by locals. It also reported that it has problems recruiting new talents as the younger generations, Gen-Z who prefer gig economy jobs and tend not to prefer working long hours despite overtime pays. But are the Gen-Zs the one to be blamed for hotel staff shortage?We discuss this with Shaharuddin M Saaid, Executive

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23:34

The Power and Role of Social Enterprises in Malaysian...

Enterprise Explores ·

2023/01/24

While education is largely the domain of the government, the ecosystem is filled with and supported by a variety of non-government players, whether it’s private and international schools, the very many tuition centres we have, or non-profits or social enterprises.In conjunction with International Day of Education, today on Enterprise BizBytes we explore the role that smaller, non-traditional private education players can have in the system with Kelvin Tan, CEO & Co-Founder of social enterprise

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35:02

After FTX and Genesis, Can Crypto Rise From The Ashes...

Enterprise Explores ·

2023/01/19

Bloomberg recently reported that Crypto startups are facing a terrible time attracting investment following FTX's collapse, with VC investments falling to their lowest in almost 2 years, round tripping back to pre-pandemic days.That said, even before FTX fell, we saw big names in the space crumble. There was the meltdown of TerraLUNA, as well as the falls of crypto lender Celsius, crypto broker Voyager Digital, and hedge fund Three Arrows Capital.And just yesterday there were reports that we could

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23:05

Consumers Are Worried, What Can Businesses Do?

Enterprise Explores ·

2023/01/18

Going into 2023, one of the key things concerned was a global recession, and this continues to be the case.Now while definitions of what constitutes recession differ around the world, it essentially means a shrinking economy, ultimately due to lower business and consumer spending. In fact, some numbers overnight show that U.S. retail sales fell by the most in a year in December, further highlighting this concern as consumer spending is essential for many businesses, and therefore the economy. So

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33:43

How Are SMEs Faring This Chinese New Year?

Enterprise Explores ·

2023/01/17

The Year of Rabbit is hopping in.With talks about recession looming and Malaysians looking to tighten their spending, how are SMEs faring this festive season? Are customers spending more than before?Are businesses in full bloom? We speak to Raymond Khue (Q), Executive Director of household dried meat/bakwa brand Oloiya,and Amy and Ester Tai, the Founders and Sister-Duo of local shoe brand, Machinoto talk about how their customers are spending as Malaysians prepare for Chinese New Year.Photo Credit :

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21:42

When Should Founders Fight Incumbents Versus Get...

Enterprise Explores ·

2023/01/16

Open AI’s ChatGPT has caused quite a stir, with some thinking it could disrupt Google's very important and very lucrative Search business.While we have seen stories of startups disrupting incumbents, over the last 15 years or so the norm seems to have been that these potential disruptors are acquired or copied before being able to do any serious damage.So for founders and entrepreneurs, and the investors who backed them, how do they determine if they should try to go the distance and disrupt the

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25:39

2 Unicorns Enter Malaysia, But Do We Need More...

Enterprise Explores ·

2023/01/15

Last week, two regional fintech unicorns entered Malaysia, offering payments solutions and e-wallet capabilities. With so many cashless payment options out there, too many to some, where could two new players potentially fit in? Vincent Fong, Chief Editor of Fintech news Malaysia helps us uncover all of that.See omnystudio.com/listener for privacy information.

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36:53

Dos & Don’ts When Planning Business Strategies for...

Enterprise Explores ·

2023/01/12

“If you fail to plan, you are planning to fail.” Many business owners might have a love/hate relationship with planning. But planning out your business strategy for the whole year is indispensable to set goals for your business and how to achieve them. We speak to Chan Leong Teng, CEO of Skribble to talk about the Dos and Don’ts of building your business strategy for the new year.See omnystudio.com/listener for privacy information.

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35:54

Need More Business Funding? ECF Might Be The Solution...

Enterprise Explores ·

2023/01/11

Funding is a key part of a startups’ journey and growth. In the last few years Equity Crowdfunding has become an important avenue for Malaysian businesses to raise funds.This includes companies such as logistics player TheLorry.com, P2P lender Fundaztic, homegrown robo advisor Akru, and many more.In fact in 2021, around RM221 million was raised by 104 issuers, representing a 73.5% jump from2020.To dive deeper into the role of ECF in the Malaysian startup and SME landscape, and whether it is a

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