MIMOS Berhad / Nur Husna Mohd Rizal

This executive summary provides an overview of the industrial training report at MIMOS Berhad. The report outlines the structure and organization of MIMOS Berhad as a whole. MIMOS Berhad is known as a national Applied Research & Development (R&D) Centre that holds the motto of "Innovation for Lite". This company has been in the industry since 1985 and is one of the strategic agencies under the Ministry of Science, Technology and Innovation (MOSTI). Throughout the five-month internship period, the training has been equipped with a comprehensive understanding of risk management practices and procedures for conducting them within the organization, specifically to align with key internal audit processes. The Risk Management unit involves the scope of risk identification, assessment, compliance, and controls for mitigation. By actively participating, many experiences and insights were gained. This industrial training report presents an analysis of the company using SWOT Analysis and highlights recommendations to be taken. SWOT Analysis comprises the Strengths, Weaknesses, Opportunities, and Threats of the company that were observed during the internship period. The exposure to real-world challenges has fostered creative thinking to suggest strategies for the company’s growth. Overall, the industrial training at MIMOS Berhad's in Corporate Integrated Assurance Department proved to be an invaluable experience with guidance from experienced professionals.