open culture (Robert Kuok)

open culture

Robert Kuok, Malaysia's richest person, exited the media business in December 2015 when he told Hong Kong's South China Morning Post to Alibaba for $265 million. He had purchased a 35% stake in the now 112-year-old newspaper from Rupert Murdoch in 1993. The deal also included the Hong Kong editions of Esquire, Elle, Cosmopolitan, Harper's Bazaar and other titles. The Chinese-Malaysian tycoon's Kuok Group controls an empire that includes the high-end hotel chain Shangri-La, Kerry Properties and commodities trader Wilmar. He got his start trading rice, sugar and wheat flour in Malaysia in 1949 and in Singapore in 1953.

 Robert Kuok Hock Nien is a very good example of open culture entrepreneur, he is not only focused on one field but diverse business fields such as industry, management, hospitality and others. He has open culture features which he wise to seek business opportunities, he always think about the way to develop business. For example, Robert Kuok Hock Nien always look for new ideas to develop business, this is show when he invested in the business of sugar refining. This is because he know wheat flour, sugar and rice are important staple food in Malaysia which is very important in the food industry. With this proof that Robert Kuok always thinking of ways to grow the business by venturing into food industries such as sugar and wheat flour, and rice.

  He has an intelligence to seek business opportunities. For example, he had been engaged in the production of sugar throughout Malaysia but he still seek for other business opportunities in other fields such as hospitality, real estate, trade and transport. He is wise to seek opportunities to venture into various fields of business either within or outside the country. This suggests that entrepreneur Robert Kuok Hock Nien has an attitude of attemptability to find a business opportunity that brings benefits to the company.

       This obviously proves that Tan Sri Robert Kuok Hock Nien is an entrepreneur who has an open culture trait, he always thought openly to plan, analyse and look for the opportunity to develop his business.