Firms need to forge customised swords to tackle disruption
CFE-led discussion involving 12 sectors also looked at issues of innovation culture, firms' nimbleness and role of top management
Singapore
THERE is no one-size-fits-all, textbook strategy for Singapore companies in dealing with disruption, although fostering top management buy-in and building narratives and a culture to ignite entrepreneurial activity will go a long way.
This was a key finding from a thematic discussion held on Wednesday by the Group on Disruptive Technologies under the Committee on the Future Economy (CFE).
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
BOE reports record usage of short-term liquidity repo
Philippines central bank not seeing rate hike despite peso weakness: finmin