Saturday, September 26, 2009

Malaysia Company Still doesn’t understand compliance culture

Malaysia leaders and company need to start drafting compliance policy and implement controls in globalization world. We are strongly lacking in export control where we don’t protect information. Employees in Malaysia organization bring in and out company information and transmit this information without any controls.

Another area where government are company is lacking they don’t protect their employee’s information. I bet if I call any Malaysia company today and pretend as government officer and request for an information on their staff they will not think twice to provide this information.

My advice – Company need to start implement controls and compliance culture starting by protecting the company information and their employee’s.

Why Japanese Yen is Stronger….

1) Because government bailout or government spending is lower.
2) Tokyo is still in inflation – demand is still higher then supply.
3) Interest rate on borrowing is still higher.

Thursday, September 10, 2009

5 index when recession is over….

5 index when recession is over….

1) Positive and increase in GDP
2) Higher consumer price index
3) Improve in export and import sector
4) Inflation is positive
5) Un-employment is higher

Why all this - it is simple economic when demand is higher then supply – people push the supply higher (1,2,3&4) or when they reduce the demand (5).

Why there is big salary gap between manager and junior officer in Malaysia?

The real main reason why manager salary is significantly different is because they are able to lead and push junior officer to growth.

In Malaysia majority of the junior officer are not up to the par. Their understanding on responsibility is only day-to-day task and does not focus on process improvement.

In first world country junior officer are very matured and they are able to think. They are able to identify problem and resolve the issue by engaging the team to brainstorm the solution.

But manager need to be careful not all-junior office are lacking in this skill, they need to identify them and growth quickly. Otherwise this employee will leave Malaysia to oversea, this is why Malaysia is having many brain drain.

My advice is for junior officer to come up of their comfort zone and take the lead in a problem-solving phase. It is ok to make a mistake and learn from it rather then sitting on the issue and doing nothing.