Besides attracting interests for angel investors and companies that are seeking to join venture in projects, we have been looking into the specific needs in the area of food and beverages, retails, property developing, mobile apps and technology, energy-related and manufacturing.
The indulgence into thinking of the methodologies and first-time use ideas can only be assisted by knowing what others had done and doing it successfully.
For example, we have Membership Programs created for particular industries. Memberships in truest sense, are no longer limited to certain industries such as Multi-level-Marketing or supermarkets. It has gone on to be applied in almost anything and everything that can be purchased in life.
The technique and the solutions of today and tomorrow are no longer simple.
How does one justify a RM 6 billion "investment" to be pumped into a newco which derived from an old track record and hope to make from it? Of course, there are ways to turnaround the organisation. There has to be a workable program that everyone huddle around it and make things work.
 |
| Cross-referencing Materials |
Written down ideas vs. unconventional ideas
I am very into unconventional ideas. I won't call it Blue Ocean Strategy (BOS) or Thinking Outside the Box (TOB).
Unconventional ideas require 3 things (see, it is always about 3 things and you got to think what they are)
1. The understanding of basic fundamental of all things.
Like engineering and medicine, there needs to be cross-references, researches, recognition of risk management, the Upper and Lower Limits that needs to be identified, the human resources, the capital outlay and many other things that can turn the world upside down.
2. Observation and thinking.
BOS, TOB, MYOB (mind your own business) and jargons are good folder-names, where you can put all the things you are doing, into the coloured boxes.
The things I love about my MIEN Ultimatum crews are they are very much observant and into thinking. Sometimes, the solutions are right in front of us and other times, it is unexpected.
Just like the discovery of Penicillin and the vaccine to cure smallpox.
3. Trust and determination
There is always a movement to disregard ideas because they do not come from people who want to own them when they are not capable.
Ego, could be part of the answer. I would place, the intention to survive.
By adopting an idea or program, one runs the risk of promoting a mechanism, that will take away their jobs.
For example, would a doctor asked about a new Expert Systems that not only diagnose but can carry out micro-surgery? There is a chance he/she might not for fear of being replaced by automation (no, we haven't reach that stage yet).
Elsewhere, machines and procedures are replacing people - and the only way that these can be contested is either through the Labour Law office or to kill off the ideas before it can even take place.
There were cases, where middle management were removed from the decision-making but these are usually in family managed businesses. For better or worse of things.
The people of businesses must place trust into the change that it will take care of them had they in the first place, took care of the business.
Today, this has been what I have been up to and looking forward to doing things positively together with you.
Kind regards,
Erasmus
No comments:
Post a Comment