News: Tan Sri Lim Hock San Awarded Asia's Outstanding Leader

Nov 9, 2017

 
Good leaders are trailblazers, shaping a path for others to follow. Meanwhile, great leaders inspire their people to reach higher, dream bigger and achieve greater.

This is the essence of a property developer, LBS Bina Group Berhad (LBS) Group Managing Director, Tan Sri Lim Hock San’s, leadership style which gained him recognition as an Outstanding Leader In Asia at the recent Asia Corporate Excellence & Sustainability Awards (ACES) held in Singapore.

“I am humbled to receive this prestigious recognition. The success and growth LBS Bina Group Berhad has enjoyed over the years is the result of a collective effort. So this award is also a significant achievement for the LBS team and recognition of their hard work and loyalty,” said Tan Sri Lim.

The Outstanding Leaders in Asia award is one of 12 award categories under the ACES umbrella. It recognises exceptional leaders who demonstrate sound leadership and successfully apply it to spearhead growth and prominence for their respective organisations.

Honouring leaders with a solid set of values, the ACES panel were impressed with Tan Sri Lim’s ability to communicate his vision to LBS employees, evident through the sustainable growth of the Group over the years.

“The road to success is filled with challenges. At LBS, we believe the secret to overcoming our challenges is to set a goal and work together to achieve it. This includes exploring different strategies and including employees in the problem-solving process.

“I personally believe it is important to be open to new ideas and be bold in entrusting employees with responsibilities to help them grow. This creates a fulfilling workplace and is also demonstrates appreciation towards the contribution of our employees. At the end of the day, the point is to be the best at what we do and to keep progressing,” explained Tan Sri Lim.

Tan Sri Lim Hock San took over the business from his father back in 1982. His leadership and foresight have led to numerous milestones beginning with the transformation of LBS from a construction company to a property developer in 1992.

Another key milestone for LBS took place during the Asian financial crisis in 1997. In those trying times, LBS, with Tan Sri Lim at the helm, made a strategic move to concentrate on developing medium-low cost homes. This decision effectively shielded LBS from the negative impact of the crisis.

The timely and strategic decisions made by the Group over the years have resulted in its resilient growth and the overall confidence of its employees in LBS and its leadership. The clear direction and positive outlook continue to serve as a motivator for its employees to further contribute towards the Group’s goals.

LBS marked another milestone by achieving its RM1 billion sales target in 2015, a performance which was mirrored in the subsequent year.

Organised by the MORS Group, the ACES recognises successful companies and individuals in Asia across two main domains; leadership and corporate responsibility. The panel of judges comprised leading personalities from top management consultancies and leading institutions.

The stringent evaluation and selection process involved four stages, beginning with the shortlisting of nominees by the panel of judges, followed by site-visits and collection of in-depth information about the nominees and their organisations.

In the third stage, the shortlisted nominees were evaluated by an expert panel followed by the final stage when deserving recipients were awarded. Recipients in the leadership category are evaluated based on five key criteria including the spirit of entrepreneurship, innovation, and sustainability, responsible practice, revenue and brand equity.

The awards ceremony was held at the stylish InterContinental Singapore.

 

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Shaiful Safar
Real Estate Negotiator
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True Vest Property Consultants Sdn. Bhd.
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