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Sime Darby Berhad's Business Strategy Model

722 Words3 Pages

Sime Darby Berhad has developed its own business strategy model that can be achieved in 5 year times which are realizing the full potential of the core business, striving for leadership position, pursue strategic portfolio growth and also institute performance and value driven culture. Sime Darby is committed to develop a winning portfolio of sustainable business and continuously strive to deliver superior financial return through operational excellence. The business strategy for realizing full potential of core business can be achieved by strengthen its relationship with strategic business partners and capitalize the synergies. In line with its expansion plans, Sime Darby Plantation (SDP) launched a takeover offer for the shares of New Britain …show more content…

SDP practices environmental friendly operation and sustainable plantation process. Besides certifying its mill to be environment friendly, it also focuses on waste effective program whereby the mill wastes is turned into organic fertilisers. It also has a Biogas plant in Carey Island turning methane gas into electricity. SDP has a very strong presence both in the region and in the industry as it a part of a huge conglomerate. It is also the world largest listed plantation company by planted area. Sime Darby Plantation has 3 Research and Development (R&D) Centres, 3 Innovation Centres, and several labs where R&D is carried out to support the entire value chain of the division. With over 250 scientists and researchers, as well as more than 600 supporting staff, R&D Centres in Sime Darby Plantations are geared at making countless breakthroughs and innovations for the betterment of the company and the industry in …show more content…

as part of an initiative to pursue strategic growth areas for its plantation business. Sime Darby Renewables, a new unit under Sime Darby Plantation, will spearhead this initiative which essentially focuses on converting traditional and non-traditional palm-based commodities into products of higher value. Verdezyne’ s current products targeted for commercialization have a potential combined market size of approximately RM37 billion with laboratory, pilot and demonstration-scale validation already carried out. Results so far have attracted favourable interest from the market. Sime Darby is taking strategically measured steps to build and nurture a sustainable portfolio of palm-related industrial biotechnology companies. There are exciting opportunities which can leverage the substantial plantation assets and we are keen to capitalise for future growth. Sime Darby Renewables will be a new chapter in Sime Darby Plantations sustainable evolution. It will not only build a portfolio of palm-related industrial biotechnology companies but also strategically integrate these with business

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