NST Online: Topnews

Malaysia ranks highest in the world for visionary companies

Posted: 19 Sep 2011 08:45 PM PDT

KUALA LUMPUR: An international study on visionary organisations, conducted by international consultancy firm &samhoud, shows that Malaysian organisations lead the world in creating inspiring corporate visions, and in the implementation of those corporate vision throughout all layers of the company.

Managers worldwide indicate that the effects of a vision-driven organisation include a clarity of targets, the growth of customer satisfaction and creativity, and a greater focus on performance.

The global study was conducted amongst 3,000 managers from The Netherlands,

Germany, Spain, USA, China, India, and Malaysia.

According to the respondents, Malaysia has the highest percentage of organisations with an inspiring corporate vision (82 per cent), the USA is in the middle (58 per cent) and the Netherlands comes last (36 per cent).

The research identified a common phenomenon across developed countries and emerging markets. 90 per cent of the leaders surveyed believed that a corporate
vision is more important now than ever before.

In Malaysia, especially, leaders are truly convinced of the motivational power of a corporate vision.

Nur Hamurcu, Managing Partner of &samhoud Asia, states: "A corporate vision is
not a poster on the wall or the booklet in a drawer, but forms the DNA which is
the corporate identity."

96 per cent of Malaysian leaders surveyed across 15 industries confirmed that their company had a corporate vision, and 82% agreed or strongly agreed that 'Most organizations in our country have an inspiring vision'.

Countries in highly developed economies such as the USA, Germany and the Netherlands scored lower at 58 per cent, 48 per cent and 36 per cent, respectively.

The majority of the leaders agreed that their corporate vision led to a clarification of the company's goals, growth in revenue and profit, higher customer satisfaction, as well as inspiring staff, promoting unity and improving sense of belonging.

According to Malaysian principals, the top 5 Malaysian companies with the most inspiring visions are: PETRONAS, Sime Darby, AirAsia, Celcom and Maybank.

The international research also revealed that corporate visions in Asia are
implemented in daily practice, with more discipline.

However, the qualitative feedback reveals the top five reasons why corporate vision implementation fails.

1) Leaders do not walk the talk
2) Rapid changes at the top
3) Employees are not emotionally connected due to poor communication
4) Inconsistently applied to organizational practices
5) Failure to include the four key elements: its higher purpose, the audacious
goal, core values and core qualities.

Whilst Malaysian companies are on the right track; in terms of financial
performance, and employee and customer satisfaction, they perform below their
full potential, primarily due to the five reasons above.

In summary, Hamurcu also remarked: "Business leaders should focus on both living the corporate vision everyday and aligning the corporate vision to the brand promise." - Bernama

More efficient waste management with pact

Posted: 19 Sep 2011 10:48 AM PDT

2011/09/20
By Sean Augustin
sean@nst.com.my

Deputy Prime Minister Tan Sri Muhyiddin Yassin receiving the waste management agreement from SWM Environment Sdn Bhd director Tan Sri Sabaruddin Chik. With them are Housing and Local Government Minister Datuk Chor Chee Heung (left) and his deputy, Datuk Seri Lajim Ukin.

PUTRAJAYA: More efficient service at no extra cost -- this was the outcome of a tripartite agreement between the Federal Government, nine state governments and three solid waste management companies yesterday.

Deputy Prime Minister Tan Sri Muhyiddin Yassin, who witnessed the signing, expressed hope that the accord would put an end to illegal dumping.

Under the agreement, which Muhyiddin described as the first major step in enforcing the Solid Waste Management and Public Cleansing Act 2007, three companies will be responsible in managing solid waste.

They are Alam Flora Sdn Bhd in the Federal Territories, Putrajaya, Terengganu, Kelantan and Pahang; Environment Idaman Sdn Bhd in Kedah and Perlis and SWM Environment Sdn Bhd in Johor, Malacca and Negri Sembilan.

Plans to privatise waste management in Selangor, Perak and Penang were still on-going, he added.

Muhyddin noted that waste management had not been "perfected" by the three concessionaires, which had been providing such services for the past 14 years, because of uncertainties in the absence of a privatisation agreement.

"The agreement will make it easier for the three companies to invest in assets for better service.

"Proper waste management is everybody's concern and it affects all households nationwide. To ensure its success, the government is prepared to play a role.

"Previously, it was left to municipal councils and state governments. We will absorb some of the cost," he said, adding that waste management was integral to the country's development.

Present was Housing and Local Government Minister Datuk Chor Chee Heung.

Muhyiddin also said the implementation of the act and privatisation of services, both of which came into effect on Sept 1, was done in view of the need for holistic and integrated efforts for more efficient service to the people.

Chor, at a press conference, said the agreement would see the concessionaires managing solid waste for the next 22 years.

The government had the right to cancel their contracts if their performances were weak.

The three companies will be monitored by the National Solid Waste Department, while enforcement will by the municipal councils.

In the first seven years, households will be charged RM8 a month for rubbish collection. The figure could go up or down depending on factors such as the cost of living, he said.

Alam Flora director Lukman Ibrahim said the privatisation would see better service and best practices in the industry.

Kredit: www.nst.com.my

Isnin, 19 September 2011

NST Online: Topnews

NST Online: Topnews

0 ulasan:

Catat Ulasan