
Inflation in Asia: managing costs in both directions July 28, 2026 What’s new: The spectre of inflation is hardly new....

Yes, but waiting carries its own cost. Asian competitors are moving fast to experiment with AI.
Several CEOs admitted they did not fully understand AI themselves. Instead, they focused on exposing teams to the technology and creating space for experimentation.
Three years ago, our entire company went through a global AI training — it was like a day-to-day AI course. Everyone had to do it, regardless of their position or knowledge. It was so good I wanted my kids to take it.
But most consumer and industrial firms have been slower to develop global AI training programs.
Asia CEOs know their job is to motivate their teams. But where to start?
I often joke with IT that I am a dinosaur. I know I don’t have the answers, but I wanted to inspire our team. We asked our software supplier, Microsoft, to organise a one-day workshop to show our people what is possible with AI. This spurred a lot of conversations. If we don’t have a goal, then we have to go out and find it. Too often, we are internally focused.
Workshops can be a useful way to bring functions together and cross-pollinate ideas. Silos block digital transformation; the same goes for AI.
I agree it is very difficult to know where to start as a CEO without a technical background. We also held a one-day workshop to motivate people to start with AI. We ensured people came from different functions. But this was just the beginning. There needs to be constant focus and revised reporting lines to keep an initiative going.
Inculcating a growth mindset is more essential than ever in these turbulent times. AI does not stand still. Neither does customer innovation.
I encourage a growth mindset in our company. If you don’t have a growth mindset, then people close themselves off and nothing changes.
We are a very dynamic organisation. Our advantage is that we are central to our customers’ business. Either we adapt, or we’re out. We are very project-driven, always opening new locations or changing our networks. The work is constantly changing. It is not like a bank where the office is the same, and you replicate it. This has made us quite open to AI. (Logistics)
While AI literacy matters, enterprise-wide mandates rarely inspire the passion and drive to make big changes.
About six years ago, I set up a small data team of nine people that became the genesis of our AI learning in the region. This team must work within our company’s data compliance policies, and we partner with IT for funding. But they report directly to me, not to IT. The best ideas are not always centralised; they come from the edge. It takes a flexible organisation that empowers people to be innovative.
Another firm gave AI access to its most eager volunteers first, regardless of title or seniority.
When we launched Copilot, instead of meting out licenses to leaders, we asked for AI volunteers. In my region, Asia, we had about 200 licenses for 900 people. We can see the most active users are young, move more quickly than the rest, and are highly motivated to figure things out for themselves. We asked how we can push this group further. So we decided to make the most active users AI ambassadors and leverage their passion.
Two themes emerged on where to start with use cases. First, target the workflows where staff spend the most time.
Second, let the people accountable for business results drive the work.
The Asia CEO of a hardware firm shared how they used focus groups to surface new ideas.
We start by narrowing down to one or two areas that can bring the most efficiency and used internal focus groups to get more people involved. We looked at where employees spend most of their time. Admin paperwork turned out to be massive, which was expected.
More surprising was how much time sales spent preparing quotes for customers. We had thought that was already quite automated by IT. We walked through the process and found so many steps were repeatable across customers.
The focus groups were entirely driven by frontline sales. By listening to them, we targeted the biggest time-wasters and developed better systems for sales, which ultimately led to a better experience for customers.
Increasingly, Asia’s innovation ecosystems provide expertise, partners, and funding that regional leaders can tap into independently while keeping an eye on corporate governance alignment.
AI capability does not have to come solely from inside the company.
I have found when tackling new, or especially complex problems, that organising a ‘call for ideas’ can be very helpful. There is a vibrant community working on AI-driven solutions here. You can give 30 to 90 days for pitches to be submitted and have a team, perhaps led by IT, to curate the best ones. You may not find a single, magical solution. It is more likely you will get slices of very credible options that you can fund and scale.
Government funding for AI projects is growing in select sectors.
I am seeking funding from the Singapore Economic Development Board, which has numerous programs. I have found that they are quite eager to provide funding as long as you can show progress or results. With that funding, I may be able to use it to make a case with our CEO to fund a global centre of excellence in Singapore.
The upshot: The broader lesson is that AI adoption need not begin with a global mandate.
Many regional CEOs face the same dilemma. How to get started on AI when the direction is not yet clear.
How MNCs use it: Rather than issuing a traditional RFP, companies define an operational challenge—such as predictive maintenance, quality inspection, customer service, or inventory optimisation—and invite external AI specialists to propose solutions.
The benefit: Access a broad pool of vetted AI expertise without needing an in-house innovation team.
How MNCs use it: Partner on applied AI projects, access engineering talent, explore apprenticeship programmes or work with researchers to validate use cases before committing major investment.
The benefit: A practical way to augment internal capability when local teams lack deep AI expertise.
How MNCs use it: Participate in collaborative projects focused on computer vision, predictive maintenance, robotics and digital manufacturing.
The benefit: Test AI in realistic industrial environments before committing to large-scale implementation.
How MNCs use it: Work with approved partners to develop a proof of concept or a minimum viable product, receiving support for technical implementation and organisational change.
The benefit: Reduces both the technical and financial barriers to moving beyond experimentation.
How MNCs use it: Regional leadership teams work with experienced implementation partners to prioritise use cases, develop an AI roadmap, and build the internal capability needed for broader transformation.
The benefit: Useful for regional headquarters looking to demonstrate measurable business value before seeking larger investment from global HQ.
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