PETALING JAYA, Nov 26 (Bernama) — The Malaysia Business Excellence Framework (“MBEF”), administered by the Malaysia Productivity Corporation (“MPC”), is significantly enhancing the productivity and competitiveness of Malaysian organisations. Serving as a comprehensive guide and assessment tool for organisational excellence, MBEF is helping companies strengthen their market positions in both local and international arenas. CTRM Aero Composites Sdn. Bhd., recipient of the prestigious Industry Excellence Award 2024, which underscores its seven-year transformation journey, participated in this programme to assess and validate its existing improvement initiatives against the globally recognised MBEF framework.
Zahid Ismail, Director General of MPC, emphasised the productivity impact of MBEF, state that, “the MBEF is more than a framework; it is a powerful tool that drives productivity and organisational transformation. By following MBEF principles, companies can enhance their efficiency, reduce waste, and achieve higher productivity, making them competitive globally. CTRM Aero Composites’ accomplishments, validated by MBEF, demonstrate how Malaysian companies can assess their existing improvement activities and leverage this framework to secure sustainable growth and international recognition”.
