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Embracing Digital Transformation for Competitive Advantage - Kevin Chin

In today's fast-paced business environment, digital transformation has become a crucial strategy for organizations looking to gain a competitive advantage. Digital transformation refers to the integration of digital technologies into all aspects of a business to improve efficiency, productivity, and customer experience. Digital transformation offers several benefits to organizations, including increased operational efficiency, enhanced customer experience, improved decision-making, and greater agility. Therefore, businesses that embrace digital transformation are better positioned to compete in the ever-evolving marketplace. One of the most significant benefits of digital transformation is increased operational efficiency. By automating manual processes and streamlining operations, businesses can reduce costs and improve productivity. For example, implementing digital tools such as cloud-based software and data analytics can help businesses automate and optimize their operations, l...

Sales and Marketing Strategies - Kevin Chin

Sales and marketing strategies are essential components of any successful business. Effective sales and marketing strategies can help businesses reach their target audience, increase revenue, and grow their customer base. In this article, we will discuss the importance of sales and marketing strategies and some effective tactics for implementing them. Sales strategies are designed to help businesses increase revenue and close more deals. An effective sales strategy will identify the target market and understand their needs, develop a unique value proposition, and identify the most effective sales channels. It will also provide a clear roadmap for the sales team, including sales goals, sales processes, and performance metrics. One effective sales strategy is to identify the key decision-makers within the target market and develop a customized sales pitch for each of them. This approach requires in-depth research and a deep understanding of the customer's needs, challenges, and pain ...

Collaboration and Innovation for Business Growth | Kevin Chin

Collaboration and innovation are essential components of business growth. They can help businesses to stay ahead of the competition, improve productivity, and enhance customer satisfaction. Collaborative and innovative businesses tend to be more successful than those that rely on traditional methods of operation. In this article, we will explore the relationship between collaboration and innovation and how they can drive business growth. Collaboration refers to the process of working together to achieve a common goal. Collaboration can take many forms, including partnerships between businesses, joint ventures, and collaborations between businesses and their customers. Kevin Chin Collaboration can be a powerful tool for businesses, as it can help them to share knowledge, resources, and expertise. When businesses collaborate, they can leverage each other's strengths and mitigate each other's weaknesses. Collaboration can also help businesses to access new markets, expand their ...

4 Reasons Why Executing a Turnaround is Easier Than Managing Growth – Kevin Chin

I have led turnarounds and driven accelerated growth in multiple companies, and in sectors ranging from software to education, traffic management, media and solar energy. For me, successfully executing a turnaround is easier than managing accelerated growth. Here’s why:   Key turnaround levers are within your control.  In almost all turnaround cases, costs are bloated relative to activity and revenue levels. In addition, there are often unprofitable customers and/or stores or branches. The act of reducing costs or cutting unprofitable activity does not rely on external parties, unlike for a growth situation, where it is dependent on customers buying more from your company. Organizational resistance to change is lower.  In financial markets, it is said that fear is more powerful than greed. This is also true in the context of an operating business in a turnaround phase, where the greater the fear, the easier it is to get buy-in to make drastic changes...

Arowana CEO Kevin Chin: why impact investment makes business sense

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The green revolution presents significant opportunities for businesses and investors looking to help in the fight against climate change, says Arowana CEO Kevin Chin Kevin Chin is an impact entrepreneur and the founder and CEO of Arowana, an award-winning international B Corp certified investment group ranked 27th in the world among the top 150 impact companies. Three decades ago, Mr Chin graduated with a Bachelor of Commerce in Accounting and Finance from UNSW Business School. He then went from being a senior executive in accounting and investment banking to forging a lucrative global career as an impact entrepreneur. As a leader, he's excelled at rapidly transforming companies that are on the brink of collapse. He's successfully acquired, transformed and sold numerous impact enterprises across multiple industries, including electric vehicles, renewables, vocational education, technology and software. He's even written a book about his experience of saving ...

The Circular Economy - Everything You Need to Know | Kevin Chin

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The circular economy offers organisations a systematic way of solving some of the biggest problems of the world today. The economic model focusses on extending the value of existing raw materials and products to mitigate the impacts of materials extraction. It also prioritises the use of renewable energy over fossil fuels to help curb carbon emissions in many industries.  Far from being a recent invention, the concept of circularity has been around for a very long time. Societies have been experimenting with cycles and feedback loops in production for thousands of years. However, it was not until the advent of global crises, such as climate change and biodiversity loss, that CE solutions became widely accepted.  Now, more governments and businesses have started to adopt the circular economy approach. The future of many industries depends on how they can effectively use the finite resources available in the world. What is a circular economy? The cir...

Corporate Decarbonisation – The Key to the Global Push Towards Net-Zero | Kevin Chin

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As we emerge from lockdowns, environmental goals have become a core focus as global economies and industries plan to ‘build back greener’ – recovering from the pandemic in a sustainable way. This presents an opportunity for companies to commit to their ESG strategies and attract both investors and new business. Indeed, governments around the world have been announcing scoping policies outlining ambitious decarbonisation goals. Take, for example, Joe Biden’s first 100 days in office. The US President has re-joined the Paris Climate Agreement . He also proposed a $2 trillion green infrastructure plan to deliver a target of 50-52% reduction in US Greenhouse Gas Pollution from 2005 levels by 2030. While much has been said in the rush to achieve net-zero from a political perspective, the private sector has faced different challenges. Companies are treading the fine line between profitability and sustainability. Targeting the private sector Today, green-tech has advanced to su...

Part III | Vocational and Professional Education and Training (VPET): lessons learned from investing in & operating VET colleges - Kevin Chin

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 “EdVentureCo’s vision is to build an Asia Pacific leader in vocational and professional education and training. Our mission is to deliver relevant skills first and qualifications second, enabling students to up-skill and re-skill, addressing the skills needed tomorrow, today.” At Arowana , we founded and scaled up a vocational education company called Intueri Education Group (“Intueri”) which in a period of 4 years became the largest private VET group in New Zealand with a fast growing and highly profitable online business in Australia. Intueri was initially formed in May 2010 with the purchase of a small Christchurch based vocational college called Design and Arts College. We subsequently executed a buy and build strategy overcoming numerous growing pains challenges, including the debilitating impact of 2 earthquakes in Christchurch, to scale up Intueri from NZ$1m EBIT to NZ$20m EBIT between May 2010 and May 2014. Intueri was IPOed in May 2014 at a market cap...

Part II | Vocational and Professional Education & Training (VPET) Insights: what is the gold standard model for delivering VET?

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“The Swiss vocational education model is considered the “gold standard”,  as it has achieved what few countries have been able to do―which is closure of the skills gap and maintaining very low levels of youth unemployment and underemployment. The “earn while you learn” apprenticeships are highly regarded by students and employers alike, and the permeability of education pathways has fostered a culture of lifelong learning in Switzerland.” As a result of nearly a decade of being an investor in and operator of vocational education colleges, we have studied various models of delivery being practised globally. There are essentially four models of vocational education and training being practised around the world: Dual VET School-based VET Career Education Regulated Training The essential difference between each model is who holds the balance of power in designing curricula and delivering vocational education programmes: the government (through its education an...