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INTRODUCTION

Lay Hong Farm Sdn. Bhd. commenced their first layer


farming operations in the 1960s. Lay Hong Poultry Farm Co.
were established by the sole proprietorship business by the
late father of three brothers and Mr. Yeap Weng Hoong and
Mr. Yip Kim Hoong who then took over the control and
managed the business in 1973. On 27 September 1983, this
business expanded on leadership by three brothers until they
could change the entire operations of Lay Hong Poultry Farm
Co to Lay Hong Farm Sdn. Bhd. After that, it was listed on the
stock exchange on 20 October 1994. In 2000, this company
ventured into the field of broiler farming and until now has
fully integrated its layer and broiler farming operation.

CHALLENGES
Lack of financiall support in production cost
Economic
Decrease in cost of living caused people to prefer buying
Environment imported products compared to local products

Lack of equal opportunities between foreign workers with local


Social workers caused by discrimination
Environment Lack of communication between managers with employees in
company

Lack of technology advancement in production


Technology Lack of data security in business-critical data and private
Evironment information on the company especially on customers and suppliers
data information

Legal Lack of ownership in copyright issues


Lack of formal agreements
Evironment

Lack of customer purchasing due to the product price


Competitive Lack of understanding of customer choice and needs on the
Evironment company products
SOLUTIONS
Second issue
First issue
Upgrading sales strategies
Economic Improving cash flow operational
Make an educational campaign to
expenses
Environment promote people buying local
Improving debt management
products

First issue Second issue


Improving equal treatment and benefits to Implement communication training
foreign workers and local workers for workers to improve relationship
Social
Introduce the mentorship and between managers and employees
Environment sponsorship programs among the foreign
Provide team building activities to
strengthen the connection between
and local worker
managers and employees

Second issue
First issue
Provide training and skills
Technology Upgrading to advanced machine for development to employees for
optimize to increase the number of increasing their skills in managing
Environment production data security in the company
Invensting in Research & Devlopment (R&D) Implement access controls for who
have authority to protect data in the
company

First issue Second issue


Legal Strong legal protection by registered Implement document management
Environment patents and copyrights system
Make a consultation with legal professional Implement a negotiate and
bodies collaborate with clients

First issue Second issue


Upgrade the social media marketing to Improving the taste of product based
Competitive
promoting product on preference customer
Environment Make a collaboration or contract with any Improving the products by analyze the
famous influencer to promote the product reviews, comments and feedbacks
from social media

CONCLUSION REFERENCES
In conclusion, our analysis of the 1.James Tan. (2020, May 4).Retrieved
challenges in managing Lay Hong Bhd. from Demand analysis of chicken egg
with rapidly changing technology in Lay Hong Berhad [Video].: YouTube.
development has revealed. Our research https://www.youtube.com/watch?
has allowed us to meet the specific v=f_DiV7pbp-0
goals of this assignment and, in doing 2.Cheong Wei Ni.(2020) Welcome to the
so, has contributed to our Lay Hong Berhad. :
understanding of challenges Lay Hong http://layhong.com.my/website/
faced to manage the company.
3.Cheong Wei Ni.(1 January
2023).LayHong Berhad 2023 .Retrieved
from AnnualReport. :
http://layhong.com.my/website/pdf/LHB
-AR-2023.pdf

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