DIGITALIZATION WITH A HUMAN TOUCH, PAVING THE WAY TO THE FUTURE AND BEYOND

I believe everyone here is familiar with the fable of "The Tortoise and the Hare". This story conveys a profound lesson to us all: the Tortoise, despite being inherently disadvantaged in the race, ultimately wins the competition through its perseverance and determination. The moral "Slow and Steady Wins the Race" resonates deeply with us.

However, we were not taught the subsequent story between the Tortoise and the Hare.

One day, the Hare met the Tortoise and challenged him to another race. In the second race, the Hare reached the finish line only to find that it had ran in the opposite direction! The important lesson learned was that running faster in the wrong direction only leads you further away from your goal. Slow but steady progress in the right direction is key to reaching your destination.

In the third race, the Hare, now more focused and determined, ran towards the finish line. To his surprise, the Tortoise was already there waiting. The Tortoise revealed that by holding onto the Hare's tail and leveraging the Hare's strength, he managed to reach the finish line first. This race taught us the value of adapting strategies and utilizing external forces to achieve success.

After the lessons learned from the previous races, the Hare believed he had become stronger for the next race. However, in the final race, the Tortoise revealed a surprising twist - he had taken a Grab ride to reach the finish line! This emphasizes the importance of adaptation and leveraging digital resources wisely.

Speech delivered by Mr. Yee, CEO of Wezmart Group, at the CSIA Annual Dinner 2024.

It is crucial to move beyond mere passion and self-determination by clearly defining our direction, understanding our strengths and weaknesses, and collaborating with others. We mustn’t’ fail to capitalize on, or seize the opportunities presented to us in whatever form as industry sensitiveness and adaptability is more important than ever in this era. This is not just to excel but to ensure survival today. I think we all agree that the digital wave has deeply impacted all of us!

While technology contributes greatly to digital transformation by enhancing efficiency and monitoring capabilities, human interaction is indispensable for cultivating trust and nurturing relationships within organizations. Human involvement is crucial in leveraging data for analysis, interpretation, and guiding SMEs towards informed decision-making. The synergy between technology and human expertise is vital for guiding SMEs on the right path, ensuring a positive and fruitful journey. Ultimately, the blend of technology and human skills, knowledge, and experiences is essential in steering SMEs towards successful digital transformation and creating a meaningful and impactful journey for all stakeholders involved. This balance ensures that digital tools are optimized to their fullest potential, complemented by the nuanced understanding and strategic application brought by human intervention.

The bpoSA360 Digital Workspace for Corporate Services, a flagship product of Wezmart Group, is designed to empower company secretarial professionals to enhance their corporate governance practices digitally. With this, professionals can free up more time to solidifying relationships with their customers.