Genting Berhad: The Story of a Malaysian Conglomerate
Details
BSTR108
21
2004
YES
0
Genting Berhad
General Business
Malaysia
Growth Strategy
Abstract
The case examines the growth strategies adopted by Genting Berhad (Genting) that helped it become one of Malaysia's leading conglomerate companies. It provides detailed information about Genting's initial years and examines the entrepreneurial and leadership qualities of the company's founder, Tan Sri Lim Goh Tong. The case then examines the various strategies adopted by the company to grow in the leisure and hospitality businesses and its contribution in the Malaysian tourism industry's growth. Thereafter, the case examines how Genting diversified into various related and unrelated businesses as a strategy to expand its business operations in domestic and international markets. It also details the strategies it adopted to grow in each of the industries it entered. The case ends with a discussion on the adverse impacts of the global economic slowdown and the SARS epidemic in the ASEAN region on Genting's businesses, and comments on its future prospects.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- Strategies adopted by a conglomerate company to expand and grow.
Keywords
Growth strategies, Genting Berhad, conglomerate companies, entrepreneurial, leadership, Tan Sri Lim Goh Tong, strategies, hospitality businesses, Malaysian tourism, industry growth, diversified, domestic, international markets, global economic slowdown, SARS epidemic, ASEAN