At EO’s 2024 International Management Convention (GLC) in Singapore, greater than 1,800 EO members from 65 nations convened for the chance to study and collaborate. This system included 10 visitor audio system and keynotes on the principle stage, studying tracks tailor-made for EO chapter management positions, and off-site studying and inspiration within the type of Be taught Arounds.
Throughout 9 custom-designed Be taught Round excursions to Singapore companies, most owned by EO members, teams of EO members loved behind-the-scenes entry to native enterprises together with Inventive Eateries, LionsBot Worldwide, Brass Lion Distillery, LeVel 33 Brewery, and Goldbell Group. By way of these and different immersive off-site studying experiences, EO members expanded their views, sparked collaboration and creativity, and fostered deeper connections.
EO members responded with enthusiasm to this distinctive alternative:
“A brilliantly curated expertise by EO, the Singapore Road Artwork Be taught Round was a mesmerizing journey by means of the town’s inventive soul,” mentioned Marc Gregory, an EO Johannesburg member. “It was an unforgettable expertise the place we acquired to attach with EOers all over the world whereas capturing the essence of Singapore’s dynamic road artwork scene, which was a spotlight of the GLC expertise!”
Different Be taught Arounds targeted on sensible management subjects similar to succession planning in a household enterprise, challenges and options in native manufacturing, operational effectivity and useful resource administration, and modern applied sciences.
GLC attendees left the convention room to completely interact in a hands-on studying journey that linked theoretical data with real-world encounters, and uncovered fascinating human narratives in every enterprise that hosted them. The Be taught Round hosts personify the spirit of EO’s thirst for studying by sharing their tales, challenges, and experiences.
We requested two Be taught Round hosts about their experiences connecting with EO members at GLC by means of internet hosting members for an immersive expertise of their vibrant Singapore companies. Right here’s what they shared:
Be taught Round Host Bonnie Wong (EO Singapore): Inventive Eateries
“Alternatives to fulfill like-minded entrepreneurs from all around the world are few and much between. At EO international occasions, I’m reminded that whereas every of our challenges is exclusive, we’re additionally so related. It was very humbling to see so many members come and take heed to our story,” mentioned Bonnie Wong, an EO Singapore member and second-generation proprietor of Inventive Eateries. “The vitality, positivity, and humility that EO members present additionally assist to encourage me to beat my very own challenges.”
Based in 1992 by her father and enterprise associate, serial restaurateur Anthony Wong, Inventive Eateries has stood the take a look at of time in Singapore’s aggressive meals and beverage panorama.
Bonnie and Anthony shared the journey of how their firm developed, the crises that molded the corporate, and the individuals who stepped up in pivotal moments. They emphasised the significance of succession planning, and the pitfalls and challenges it entails in a household enterprise.
One of many classes Bonnie hopes EO members took from their Be taught Round expertise is “Nothing ventured, nothing gained,” she mentioned. “Succession planning should be constantly labored on, regardless of the challenges and troublesome conversations. Companies should be grown to a sure measurement for the following technology to be fascinated with working them. There needs to be monetary incentives for the following technology relatively than purely filial piety,” she famous.
She shared the challenges founders face in studying to let go of the profitable companies they constructed little by little. “Within the means of letting go, it is very important return to the start and keep in mind the unique function of the enterprise.”
“Being current within the restaurant that we’ve got operated for the final 30 years confirmed a few of our firm’s historical past and the way we survived the varied crises that we encountered,” Bonnie continued. “I believe EO members appreciated the candid interplay between our two generations and the distinction in views.”
Attendees weren’t the one beneficiaries of the Be taught Round. The hosts additionally gained insights. “I realized that it is very important talk carefully with the founders of the enterprise to align expectations and goals and that the following step could be completely different from what was initially constructed,” Bonnie mentioned. “We simply want the braveness to stroll the trail.”
Be taught Round Host Dylan Ng Terntzer (EO Singapore): LionsBot Worldwide
We additionally linked with Dylan Ng Terntzer, an EO Singapore member who based LionsBot Worldwide, a high-tech firm that solves the scarcity of cleansing employees by designing, constructing, and programming autonomous cleansing robots to help cleaners in enhancing their effectivity and price financial savings.
Why did Dylan determine to host a Be taught Round? “Connecting with EO members at GLC is at all times inspiring, because it gives a chance to have interaction with like-minded and daring entrepreneurs. The vitality is excessive, and nice concepts come up in the course of the session.”
Dylan shared insights into his firm and highlighted their product growth course of and challenges, which embrace their decision-making course of and useful resource constraints. He shared insights on attaining sustainable progress, product diversification, and international enlargement — all whereas adapting to various buyer wants.
“I hope attendees gained a brand new perspective on the significance of being daring and having enjoyable in what we do,” Dylan mentioned. “Moreover, we emphasised the significance of at all times considering out-of-the-box to do issues quicker, cheaper, and higher.”
GLC members engaged in an interactive problem-solving train in the course of the Lionsbot manufacturing unit tour, the place they may see, contact, really feel, and study concerning the robotic manufacturing course of. Nevertheless, members weren’t the one ones who gained actionable insights.
Internet hosting a Be taught Round is a studying alternative in itself: “I realized the worth of interactive engagement and the way it enhances the educational expertise for members. It bolstered the significance of making a dynamic surroundings the place attendees can actively take part and study by means of expertise,” Dylan shared. “It will encourage us to conduct coaching and studying classes in a different way for our staff and clients sooner or later.”
With their thirst for studying momentarily quenched, EO members who attended Be taught Arounds at GLC made robust recollections and connections with their hosts and fellow members.
“My takeaway: I’m humbled. I will probably be mining the studying from yesterday for the remainder of my life. I’ve a much bigger imaginative and prescient of right now, tomorrow, and eternally in consequence,” mentioned Dan Rogers, EO Seattle. “Thanks, EO!”
For extra insights and inspiration from right now’s main entrepreneurs, take a look at EO on Inc. and extra articles from the EO weblog.