Top 7 Investment Trends in Borderless Competition
The business sector is facing new challenges such as digital disruption and the world of borderless competition where there are both local and international players and only strong competitors can grasp opportunities. Foreign businesses have successfully arrived. They include Grab which began as a ride hailing app and has already become a super app in Thailand and throughout the region. Another example is Netflix which is a very popular streaming service provider among Thai people. Many more foreign businesses either have arrived or will follow suit to take their market shares in the country. The key question is “how much the business sector has been prepared for the competition.” The strengthening of the four pillars of business namely customers, organizations, employees and partners to cope with competition in the era of digital economy driven mainly by technologies and innovations is what businesses must quickly accomplish before being wiped out of their industry regretfull...