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BFM Media
Helping you navigate the ever-changing universe of business, from headlines to the bottom line
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Feb 20, 2023 • 26min
Age vs Tenure - Which Has Bigger Impact on Company Performance?
Tenure and age are somewhat intertwined - we age; we accumulate experience. But being in a company for 40 years is different from being 50 and starting a new role at a new company. Is it being older? Or is being at a company for a longer period able to have more of a positive impact on company performance? We discuss this with Deepa George, Managing Consultant from MyHRC Services.Photo Credit: Shuttershock | VideoFlowSee omnystudio.com/listener for privacy information.

Feb 19, 2023 • 25min
Why Do We Keep Losing Control Of Our Personal Data?
In the most recent Auditor-General report, several questions were raised about the records stored in the MySejahtera app.The report found that weaknesses included a ‘super-admin’ account that had downloaded information and that the app had been attacked 1.12 million times as of October 27th, 2021 - however the report did not go so far as to say whether these attacks had been successful or not.We hear from former white hat hacker, CF Fong, CEO & Cybersecurity Consultant, LGMS about the reasons that a ‘super-admin’ account was in place and whether or not the attempts at hacking the app might have been successful. Photo Credit: Shuttershock | Tero VesalainenSee omnystudio.com/listener for privacy information.

Feb 16, 2023 • 36min
Is ChatGPT A Teaching Tool Or An Enemy?
Academias have always been split about using tech innovations in the classroom - we all remember the debate years ago about using laptops or smartphones during lessons. But technology is always evolving, and now with ChatGPT in place, should academias adapt or resist? And how can they combat plagiarism among students who love the technology?We speak to Professor Chengyi Lin, Affiliate Professor of Strategy at INSEAD to learn more.Photo Credit: Shuttershock | Iryna ImagoSee omnystudio.com/listener for privacy information.

Feb 15, 2023 • 35min
What Entrepreneurs Should Know About Life After IPO
Farm Fresh’s Loi Tuan Ee talks to us about how an entrepreneur's life changes after IPO, buying Inside Scoop, and ensuring that Farm Fresh does not “lose its soul”.We also get into:-Managing the pressures that come with leading a public listed company-How Endeavour has played a positive role in his entrepreneurial journey-Why entrepreneurs need tough love, not ‘Yes People’See omnystudio.com/listener for privacy information.

Feb 14, 2023 • 29min
Can Thai E-Wallet TrueMoney Compete with GrabPay and Touch ‘n Go e-Wallet?
A month ago, a new e-wallet player entered Malaysia - TrueMoney, a Thai unicorn. That said, given that Malaysia already feels like such a crowded market in the cashless payments space, does TrueMoney really have a chance to gain traction here? And if so, how?We speak to Dale Kim, the Managing Director of International Business at TrueMoney’s parent company - Ascend Group, to find out.Among other things, we also get into:-How TrueMoney plans to acquire and retain users-When we can expect TrueMoney to plug into DuitNow-TrueMoney’s partnership with Lotus’s hypermarkets and how it can tap into other Charoen Pokphand (CP) Group assets to expand.-Whether TrueMoney’s entry into Malaysia is an entry point for other CP Group businesses.Photo Credit: Shutterstock | Prostock-studioSee omnystudio.com/listener for privacy information.

Feb 13, 2023 • 26min
Love-ly Time for SMEs This Valentine’s Day?
Some people think it’s over commercialized, and some think it’s a good excuse to celebrate love and romance. Despite differing opinions about it, it is a marketing strategy that has worked well over the years. With that being said, how are SMEs doing on this special day? We’ll be speaking to Penny Choo, Co-founder of BloomThis, a Malaysian online florist, and Marcus Low, the Founder of F&B outlet Table & Apron to find out how their businesses are doing on this lovely day.Photo Credit: Shutterstock | VGstockstudioSee omnystudio.com/listener for privacy information.

Feb 12, 2023 • 26min
How Apple Has Avoided Mass Layoffs, So Far.
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 from this .-Will 2023 see the end of flexible or remote work.Photo Credit : Shutterstock | TwinsterphotoSee omnystudio.com/listener for privacy information.

Feb 9, 2023 • 40min
Are You Willing To Earn Less To Change The World?
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 ‘prosocial’ jobs reduce the overall bump paid to college-educated workers by about 5 percent, and this might raise a few questions; why are people willing to take less pay for a job that is likely to work them as hard, or even harder than a regular job?What kind of person is attracted to this kind of work and why, and are companies taking advantage of this when they advertise vacancies with a prosocial slant? Could businesses employing altruistic individuals be actually changing the world a little by reducing income inequality? To help us understand some of the thinking behind this we’ve invited psychiatrist Dr Mastura Rosly, from the Mind Matters Clinic, to give us her thoughts on the matter.Photo Credit: Shutterstock | Ground PictureSee omnystudio.com/listener for privacy information.

Feb 8, 2023 • 34min
What VCs Look For in Serial Entrepreneurs
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 successful serial entrepreneur?We also get Kevin’s thoughts on:-Whether serial entrepreneurs are more likely to succeed.-The most promising startup areas in Southeast Asia.-Funding being the key hurdle in the Malaysian startup ecosystem.See omnystudio.com/listener for privacy information.

Feb 7, 2023 • 37min
Warning Signs You’re Scaling Up Too Fast
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 information.


