What's Happening?
The IOI Group recently held its 2026 Innovation Convention at the Palm Garden Golf Club, emphasizing the importance of actionable innovation. Dato' Lee Yeow Chor, Managing Director and Chief Executive, highlighted the need for practical solutions that
create value. The convention, which attracted 27 submissions and 14 shortlisted presentations, showcased projects from IOI Corporation Berhad's operations in Malaysia and Germany. These projects focused on digitalization, process optimization, renewable energy, and automation. The event, attended by 120 employees in person and 234 online, provided a platform for sharing ideas and demonstrating how innovation can drive business value.
Why It's Important?
The IOI Innovation Convention reflects the company's commitment to fostering a culture of continuous improvement and innovation. By encouraging employees to develop practical solutions, IOI aims to enhance its operational efficiency and competitiveness. The focus on digitalization and renewable energy aligns with global trends towards sustainability and technological advancement. This approach not only benefits the company but also contributes to broader industry efforts to address environmental and economic challenges. The convention's success highlights the potential for similar initiatives to drive innovation and growth in other sectors.
