Tuesday, September 30, 2014

Visiting P. F. Drucker


Peter Ferdinand Drucker an Austrian-remade American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation 1

Drucker's credo, "Know Thy Time" are of little use to Generation Y aka "Millenials", that existed three (3) American generations above his; the Silent Generation that had fought in Korea and Vietnam, the Baby Boomers and the Generation X.



Drucker came from the so-called American's "The Greatest Generation" or the G.I. Generation that fought in World World 2, undoubtedly much of the larger contributions went to computer age, mechanization of air-crafts and ships which later on lead to the space exploration age.

He was not around to see or to predict what I would call, "The Beginning of the Religious Man", where migrants around the world would have much the impact on managing industrial-wide of workers.

Drucker rightly recommended, 
"A man should never be appointed to a managerial position if his vision focuses on people's weaknesses rather than on their strengths."
Sweat and soul, were the old Spartan way of life, The Greatest Generation time but not this time where Generation Y flexes their backbone with a yawn; where one need not figure how to change a plug-socket head when you can buy and replace a plug for 99 sen, to figure out how hand-phone works when they came in all shapes, sizes at an affordable price and how the Internet works, it just does!



DOTA, Cybercafe games are the in-thing, Alibaba is a stock giant, not 1,001 Arabian Nights and whether it makes profit or not, is not really the question, its popular (and seemed to be the only one viable to trade in this dour time)! Times have really changed and so are the mindset of the "labour market" where the Generations before trying so hard to protect only for labour to go on individualistic rampage.

But at the end, the World and the Individuals must recognise what Drucker had written and talked widely on:

Managing By Results.

All talks, no action, makes Jack and Jill - are over-excess necessity that any organisations should cut down on and getting the goal realized.


Saturday, September 13, 2014

The World, Money and Racism

When Thomas Friedman wrote, The World Is Flat, he could've been predicting 2008 to 2014 onwards to 2016... that more of the upper middle level income are suddenly compressed to be middle or lower middle income.

What happens when a layer of middle - like middle managers had been removed.

What was originally, 60: 35: 5 became, 80:15:5? Transmigration of many people all over the world. It is no longer immigration but a social context issue where races and religions are no longer at their original base.

In much of the confusion, tolerance and acceptance, money is hard to come by and people are pushing for space and recognition. This then will lead to social disorder.

Every other day, authorities across the world, had to come up with clever solutions to pump into the communities; be good, be kind and take care, with the base understanding that people who are religious would have aided their causes by practising what they preach.

Is the world that fragmented? Are we a contributor of it? Or are we doing something about this?

https://www.youtube.com/watch?v=dfccrwUlROU

Sunday, September 7, 2014

MIEN and Its Programs

MIEN has been coming up with its own programs to answer specific management issues.

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