Saturday, November 28, 2009

CEO: Find Opportunities in Times of Crisis

Port of Spain: Going against the grain and finding opportunities in a crisis sitaution are important criteria towards establishing a successful business, Malaysian businessman Datuk Vijay Eswaran told the Commonwealth Business Forum.

The Executive Chairman and CEO of the QJ Group of Companies said a look at the Fortune 500 companies showed that almost half of them began after the first and second World Wars - formed in the midst of destruction and in the midst of havoc and chaos.

He said the real challenge in running a business was that in every opportunity, one has to undergo a crisis.

"So even in innovation there has to be challenges and a price that has to be paid for the process. The first thing we have to learn, is to go against the grain."

"We have been coached, and structured, and our thinking and parameters have been driven into granite, so to speak. Innovation begins in looking in the other way."

The Star, Nation, pg 4.

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