Jolin Nguyen
Managing Director
AYP Group
The break-up of major conglomerates is a tribute to the common phrase in business that ”change is the only constant”. The zeitgeist of business today seems to favour the model of tech firms that are smaller in size and leverage heavily on technology to improve business outcomes.
While traditional conglomerate businesses are undergoing rapid change through corporate exercises and restructuring, we cannot help but observe that technology companies are the ones that are leading the charge in terms of M&As. This shows the importance of innovation in business and how technology presents great opportunities for businesses that leverage them well.
