This journey has been marked by numerouschallenges and adversities, including navigatingthrough the unprecedented challenges posed bythe COVID-19 pandemic.
At Nexting, we are not just a company; we are acommunity of forwards-thinkers, visionaries, andcreators, united by a shared passion for pushingboundaries and shaping the future.
On April 1st, 2019, Nexting Ventures was officially founded, marking the beginning of our journey. We were fortunate to receive support from multiple investors,allowing us to establish a strong foothold in the market and launch our business endeavors.
As a startup incubator, our primary objective is to discover and nurture talent by providing a wide range of resources to help individuals develop their commercial potential in the market. Within this framework, presenting a strong proposal ensures the company's steadfast backing in pursuing new ventures and opportunities
The company's foundational belief in a talent-centric approach has been steadfast since its establishment, recognizing talent as the cornerstone of its operations.We always have numerous community activities, aiming for our team to produce higher quality work in a healthy environment.It is not only an internal priority but also underscoring our commitment to nurturing talent across all core business functions. This belief has laid a solid foundation for the future development of our entire company.
When the pandemic first hit, the company became mindful of the situational shift, particularly in the economy, and made adjustments towards the market direction.
In 2020, with the suspension of all projects requiring physical presence, we transitioned everything to online platforms. This pivotal moment marked the introduction of two new brands, OMS and CST, specifically designed for execution through Zoom and other digital mediums.OMS functioned as a proficient brand management agency, while CST offered comprehensive online training programs.It was also during this time that CST began to carve out its niche, establishing its distinct identity and garnering acknowledgment across diverse demographics. This strategic adaptation not only ensured the continuity of Nexting Ventures but also enabled us to thrive amidst these demanding circumstances.
At this juncture, we also realized the significant impact that each individual's could have on the company. Therefore, we launched the first version of ARMS Value, aimed at enabling our team to work more autonomously and enhance work efficiency.
This encompassed ongoing ARMS training sessions and workshops, both large and small, designed to solidify the foundational skills of every ARMS.Beyond mastering role-specific tools, we also establishing a common understanding in basic operations
As the company incubates an increasing number of startups,we've transitioned into a project management phase.Each brand is now regarded asa distinct project, with team members fulfilling their roles to ensure successful completion.
Nexting Ventures as a Project ManagementCompany. Embracing established project management methodologies, we ensure efficient workflows, optimal resource utilization, and successful project outcomes.In this year, we ventured into two pivotal sectors: healthcare products, Simble and property agency, Apricity.
The tone set for this year emphasizes positioning ARMS as more than just a team but asa dynamic stage where the most capable individuals shine. It's a place where anyone with the skills and drive can step onto the stage and showcase their abilities, contributing to the collective success and growth of the community.
When Nexting Ventures faced adversity with limited resources, these individuals contributed their time and effort to navigate through the toughest moments. To recognize their contributions, the company awarded them with employee shares, signifying their shift from employees to shareholders.They are esteemed as vital pillars within the company, their unwavering dedication creating a robust support network that empowers mutual growth. Together,
This year represents a major milestone as we completed the first CEO transition, transitioning leadership from SOPHIA TEY toSKYE LAM, marking a shift in our operational paradigm. During this period, influenced by our ARMS values, everyone has showcased unique capabilities and the courage to tackle challenges. Individuals have taken on leadership roles, contributing to a more robust organizational structure. This transformation emphasizes functional specialization rather than hierarchical divisions.
As our company continues to grow and evolve, many responsibilities have outpaced our current workforce's capacity.This year, our primary objective has been talent acquisition because we firmly believe that talent is the cornerstone of sustained company success.
This year, our team underwent a restructuring to establish a shared service center. This center facilitates the sharing of resources such as branding, marketing, and event management among all brands. By integrating common elements and implementing successful strategies across all brands, we are streamlining operations and fostering synergy within our organization.