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Questions On ‘How Small Can Be
Beautiful’ Answered
By Sonia K & Aemy Azlena
Bandar Seri
Begawan - The National Business Conference 2007, themed "How
Small Can Be Beautiful", brought together 300 senior figures from
public and private sectors to discuss key issues that face the
country's economic growth and development.
Five themes - branding,
environment, entrepreneurship and globalisation, human resources,
and strategies for smaller countries - were discussed at the event
that featured distinguished local and foreign speakers.
In the morning session, entitled
"How Small Can Be Beautiful: Smart Strategies For Small Countries",
saw presentations from Dr Paul Temporal, who is an author and
branding expert, and Dr Linda Low, a senior fellow at the Institute
of Southeast Asia Studies (ISEAS) Singapore.
According to Dr Temporal, countries
are competing for tourists, investment, trade and talent in this
globalised world.
The competitive strategy, he said,
is in being different from other countries, and the only way to
differentiate is through country branding.
He explained that branding is a
service delivery, relationships between buyers and sellers, how
consumers think and feel about the items, emotional associations and
positive perceptions of the consumers, adding that it is important
to isolate positive perceptions and figuring out how these
contributions can be enhanced while downplaying everything that does
not.
Additionally, a country brand must
continually, consistently and accurately reinforce a few simple,
coherent and compelling truths, which are aimed at specific
audiences and their influences, he said.
He also highlighted the advantage
of having branding for countries was that it enhances nation
building by elevating confidence, pride, harmony, ambition and
national resolve.
To develop a brand, Dr Temporal
said, a country needs brand vision and values, brand positioning and
brand management.
He went on to explain that brand
vision is what the brand stands for or emotionally in the minds of
the consumers, such as whether a country is a good place to go for
beach-type vacation.
Brand values, he said, is derived
from the vision of the brand; it is a personality-based attribute
that differentiates the brand from the others.
Brand positioning, meanwhile, is
concerned with differentiating a brand from the rest in the minds of
the consumers and helps to answer key questions, such as "why are
you different?" and "why are you better?" in terms of leisure, food
and beverages, entertainment or cutting-edge creativity.
Brand management is a process that
takes control of everything a brand does and says, as well as the
way in which it is perceived, he said.
Later, Dr Low, in her presentation,
said that being a small country is beautiful, and among the
advantages that Brunei has are wealth, a sustainable development
with plenty of resources, though Brunei needs to be able to work
smart with these resources for it to be effective.
She suggested that industries,
local or government linked, play a supporting role in making Brunei
successful in a globalising world.
The government must both be hard
and soft in their dealings, she added.
She also noted the public private
partnership (PPP), which described a government service or private
business venture funded and operated through a partnership of
government and one or more private companies.
Chairman of Sungai Liang Auhtority
YAM Pengiran Kerma Raja Pengiran Kamarulzaman bin PPSDSB Pengiran
Dato Haji Ali and Young Arab Leaders Forum Managing Director Rasha
Al Saleh were also on hand to deliver comments during the session,
moderated by Acting Chairman of Brunei Economic Development Board (BEDB)
Dato Timothy Ong.
The afternoon session, entitled "Sedikit
Sedikit Jadi Bukit", saw the discussion of how small steps by
individuals and companies can make a big difference to the
environment.
TOTAL Solar Power Manager Philippe
Costerg was on hand to deliver a presentation on solar energy,
during which he gave an overview of solar activities and the main
challenges in the solar business, including growth, costs and
technological opportunities in an energy-hungry world.
Present to give comments during the
session, moderated by KPMG partner Shazali Dato Haji Sulaiman, were
Centre for Environment, Technology and Development Malaysia Chairman
Gurmit Singh KS and UBD lecturer on environmental systems and
analysis Gabriel Yong. -- Courtesy of Borneo
Bulletin
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