Thursday, July 19, 2012

Major decisions and emerging maturity, choices and risks

  1. Political choices: The need to express and articulate the third way, the less paranoid and the rational, non-xenophobic way of expressing the vision for this country.At the end of the day, the largest leveraged outcome of the simplest decision is to sway the fence-sitters away from the corrupted, lousy, rotten status quo, no matter where the position of comfort the owner of the opinion is. In this case, I do need to participate, I do need to expres a position, I do need to ensure there is a sizable buy-in and engagement to the choices that I make and the convictions that I have. But the first step is to firstly have that list of convictions first. It's so much easier to be the cleaner that sweeps the mess of others, but it's more desirable to be the one that stands in front and expresses abhorrence of this practice and prevents it from happening.
  2. And in that respect, how important can it be to have an opinion, arrived to thoughtfully, and expressed gently and articulately, that could sway the opinions of many. Less of the consultant-speak, more of arriving at a resolution that speaks volumes of the character and generosity of spirit.
  3. And more importantly, is how could this be achieved without reflecting on the choices of asking for divine guidance and help? How would personal wisdom be enhanced that you could see past the iniquities of others, be informed of the personal agendas, and prepare and strategise accordingly such that the objectives of justice can be assured, and having the wisdom that the guidance that we seek are the right and divinely acquired despite the naysayers and grounded in the reality of the world that we live in.. ok ok.. I know this is dragging, but this is the difficult part of idealism meeting practicalities.
  4. Offers and choices - and at the end of it all, we seek Allah's acceptance of our amal, niyyah and iman, and importance is not necessarily relfected in that order. Then the task of leading people, and the risks of leading them falsely can be mitigated somewhat as I have this innate fear of leading them wrongly. And in that respect, the Dark Knight Rises truly inspires the choices that we ought to make to realise the world we ought to live in, and guided by a divinely-inspired moral compass that helps our innermost innate judgment.

Tuesday, July 17, 2012

Insanity rules

  1. The runup to the GE13 has started and silly season is well underway. Everything is a proxy issue now, and your stand on any issue that affects you risks being seen as a stand that you take due to your political affiliation. It's absolutely crazy, and absolutely ridiculous.
  2. From a personal viewpoint, any stand should be taken after some thought at least as to the background problem, acceptaiblity of boundaries, positives and negatives of the idea, implications to stakeholders, long-term consequences, alternatives. WIthout all this being done, then you really run the risk of letting your cognitive biases of the lazy System 2 to abdicate responsibility and leave the thinking to supporters of the various factions, and hence really be taken by a ride by the cybertroopers' debating factions.
  3. Take issue of MAS: MAS has been well and truly messed up for a long time now. Perhaps WAU was really the final nail, but at that point in time it was seen as a necessity to save it from oblivion, or so I was told and remains a fact that needs to be validated. Assuming this is true, the real killer for MAS is then an issue of being unable to resolve its fundamental issue of getting back to business profitability. Cutting the story short rather than going through the whole cycle of marketing, cost management, operations - who's the CEO then? What was the turnaround plan? I do hate pointing at individuals, but the fact remains that you get this one single decision wrong, and you're well and truly *bleeped*.
  4. Take TNB. What was the problem within TNB back in 2004? Low staff morale due to an intervening Chairman keen to move out performing leaders but unfortunately waving the wrong political flag into 'cold storage', investments in coal mines about to go awry, and collapsing under the weight of its massive debts about to mature in the short term with very little cash pile to pay off. Credit to CK for resolving the financial challenge, and a lot more should be attributed to Izzaddin, but being a monopolistic integrated utility, the expectation would be to bring it overseas. In many ways, when spin shows that CK is the superhero who saved TNB, my reality would be that he missed a trick and in many ways was someone who merely kept it ticking over, as had many other previous TNB guys had done. Take non-tech losses for instance, heck, credit to Datuk Sidek for beginning this, Datuk Engku Hashim and Datuk Aishah for supporting it, and should be given just as much credit to this.
  5. Take Sime Darby. Wow, this is mind-boggling when a former CEO is charged with CBT when an investment goes south. Remind me to decline any close working relationships with ex-politicians, especially the malay kind, not to attribute any personal agenda against them, but merely to eliminate any possible recriminations.
  6. Take Telekom. Spin out the profit-making wireless business and merge with regional players and you have a winner. The fixed line business is compensated with a huge government project and funding and survives the restructuring. Job done and here's your promotion. And by the way, you've also done well changing the logo.
  7. in addition to the lousy fact-fitting theory kind of writing associated with blogging, such as this, we can attribute the laziness of the media who failed to highlight such stories. And also those in the know would do well to explore the best ways of sharing the information in the most equitable ways possible that does not seek sensationalism, but espouses facts and credibility, such that the truth gwts out and paints the darkest pictures of these fake writers.
  8. Point is, the GLCs are tough nuts. Monopolistic positions but outdated business models. Profitable but declining yields. Malay proxy business due to government policy and therefore politically charged when dealing with employees and hence difficult to change business culture. Intervention from all over and poor governance and all-over reporting lines.
  9. Breaking them up into smaller business units would be the way to go. In this way, you open up the opportunities to many more people, and believe you me, there plenty of talented malay employees to develop and compete alongside and within a more pluralistic non-racial and non-discriminatory talent development policy if this is the unspoken objective, although there is no reason why this sort of policy cannot be made explicit. At the moment, what we have as Daim's boys in the 90s have made way to a different sort of Malay cartel, and this drives the insanity at the moment when political drivel makes up economic justifications and reasonings for why so-and-so are unsuited for what.
  10. The hard rule is this - grow these GLCs. Massively. And for that, let all these detractors from both sides of the fence eat humble pie.
  11. Just like a certain Mr Brick in Wall needs to eat humble pie for endorsing En Salleh Budu's Feedlot strategic initiative.  http://anotherbrickinwall.blogspot.com/2011/12/another-khazanah-amokh-failure.html I guess he felt that diversification into property is a typical business strategy when you use government mandated funds. tsk tsk
  12. The question is who to trust to carry it out. In the malay tradition, I dont think we should be looking for a Hang Tuah character, rather there should be an apolitical, commercial, business-savvy entity that does this work, preferably in the background. Would that stop the detractors? No. But at least there is someone looking at it from a fair and true perspective, without influenced one way or the other to setup a huge media-friendly and cash-sapping organisation.