Startups outperforming corporations in digital era

Len Talif (centre) witnessing the exchange of MoU documents between the Tegas representative (left) and a representative from Sunway International Business and Management Sdn Bhd (right).

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By Christopher Lidom

KUCHING, Oct 13: Startups are outperforming their corporate counterparts in the digital era, says Datuk Len Talif Salleh.

Len Talif, who is Deputy Minister of Urban Planning, Land Administration and Environment, as well as Tabung Anak Gagasan Sarawak (Tegas) chairman, said accordingly, it is essential for established companies to embrace the corporate innovation model.

“Corporate innovation started as a buzzword for companies looking to plug into tech startups. But the next chapter of corporate innovation might just be more about workforce and human capital development as well as improving overall corporate culture.

“That is something startups can definitely help larger corporations understand, and a pain point more tech startups are specifically solving for,” he said when officiating at the Borneo Corporate Innovation Summit (BCIS) 2022 at Tegas Digital Village (TDV) here today.

Apart from that, Len Talif pointed out that entrepreneurship plays a critical role in achieving the Sustainable Development Goals (SDG) as well as helping to generate employment, which contributes to ending poverty and creating decent work and economic growth.

He also said, in realising this, the Sarawak government has been consistent in promoting digital innovation and entrepreneurship in the state.

“Catalytic initiatives undertaken by the Sarawak government through Tegas include establishing the TDV and Digital Innovation Hubs in Kuching, Bintulu, and Miri, where we provide access to various programmes and initiatives to empower Anak Sarawak to innovate,” he added.

Meanwhile, on BCIS 2022, Len Talif said it is a programme designed to bring together visionary leaders, startups and innovators to share insights and best practices to innovate, and address current issues confronting the business and corporate world.

“BCIS is aimed at helping companies future-proof their businesses, not only by better understanding the importance of innovation as a key driver in economic development, but also by better visualising ways to turn ideas into actionable outcomes,” he explained.

Later, during the event closing ceremony, Len Talif also witnessed the signing of Memorandums of Understanding (MoUs) between Tegas and Yayasan Prodigy Malaysia, AsiaTech Education Sdn Bhd, Pixel Play Advance Sdn Bhd, Sunway International Business and Management Sdn Bhd, Sunway TES (East Malaysia) Sdn Bhd (Sunway College Kuching) as well as Sirim Berhad. — DayakDaily