Tuesday, October 14, 2008

official photos from ACCA Malaysia..just received...hehe












Sunday, October 12, 2008

meniaga buloh kasap?: pangkal hilang, hujung lesap...


I just felt like jotting down some of the stuff I rambled last friday oct 10th at universiti malaya. Please feel free to comment. Violent objectionsare always welcomed...hehe..enjoy...hu hu... the foto immediately above was during lunch in singapore. Flanked by a Brunei Takaful operator on my left and a Saudi (Riyadh) Insurer on my left...

Aculturalising Entrepreneurship
(Asas Pembudayaan Keusahawanan)
Executive Lecture, Faculty of Economics & Administration (FEA), Universiti Malaya October 10th, 2008
by Khaeruddin Sudharmin
Managing Director & CEO of Motordata Research Consortium Malaysia in partnership with THATCHAM UK

Thank you Miss Chairperson for the kind introduction,
Professors and undergraduates,
A very good afternoon and thank you so much for the kind invitation to share some of my personal thoughts and reflections about entrepreneurship and my own experiences over the last three decades. I shall not attempt to replace your professors nor shall I attempt to impress you by going down the academic route as I most often have the tendency to, as a result of my occasional adjunct role teaching MBA students at a few universities.
You will also notice that I have no prepared text and no powerpoint slides to bore you. I like to go back to basics, give you a lecture in the traditional brick-and-mortar way. That way I will not be distracted by the slides and I could also look you straight into the eyes and prevent any attempt of falling asleep as I speak.
‘Men have been swindled by other men on several occasions. In the autumn of 1929, men succeeded in swindling themselves’ (John Kenneth Gailbraith). Sounds familiar isn’t it? 1978, 1988 and now 2008? All around autumn. It seems to me the 10 year economic cycle (crisis?) seems to surface around autumn time where the weather is pleasant, people take an extra break after the summer holidays to enjoy the pleasant cool weather only to get the shock of their lives! Last week in Singapore while attending the 5th Asian Claims Management in Insurance Conference at the Singapore Hilton, the Jakarta Stock Exchange was suspended before lunch and it was closed for two days! The nation’s market capitalisation had been depleted by more than 10%. Apparently almost all foreign investments were sold-down to be taken back to their homes to help avert the global financial meltdown. The US700bil financial sector bailout plan by Paulson, US treasury secretary and the GBP50bil rescue plan did not stop the October black Mondays! CEO of bankrupt Lehman brothers was grilled by Congress. When asked if it was fair that he took home US500 mil in salaries while the company went bankrupt, he said well err…that is not correct, I merely took home slightly more that USD250mil!. If you had read the Edge Malaysia page 50 issue of October 6, 2008, Luigi Zingales, professor of entrepreneurship and finance at the University of Chicago’s graduate school of Business in his article, said that Henry Paulson was wrong and that he had addressed the wrong issues. He said that for six of the last 13 years, the Treasury Secretary was a Goldman Sachs alumnus (including Paulson). The decisions that Congress must make now, will affect not only the US economy’s short term prospects, but will shape the type of capitalism that we will have for the next 50 years. Luigi asked a very pertinent economic question that will have serious implications to us too, do we want to live in a system where profits are private, but losses are socialised, where taxpayer money is used to prop up failed firms? Or do we want to live in a system where people are held accountable for their decisions, where imprudent behaviour is penalised and prudent behaviour rewarded? He goes on to say that for anyone who believes in free markets, the most serious risk of the current situation is that the interest of a few financiers will undermine the capitalist system’s fundamental workings. Saving capitalism from the capitalists will, to me, be your most challenging task when all of you my young friends, become business, economic and financial leaders of this country in the not so distant future!
Let’s get back to entrepreneurship. And to be sure we are speaking on the same wavelength I browsed and surfed the internet this morning and saw what wikipedia has to say about entrepreneurship. It said, an entrepreneur is a person who has possession over a company, enterprise, or venture, and assumes significant accountability for the inherent risks and the outcome. The term is borrowed from French and was first defined by the Irish economist Richard Cantillon. Entrepreneur in English is a term applied to the type of personality who is willing to take upon herself or himself a new venture or enterprise and accepts full responsibility for the outcome. In common understanding it is taken as describing a dynamic personality. The modern myths about entrepreneurs include the idea that they assume the risks involved to undertake a business venture, but that interpretation now appears to be based on a false translation of Cantillon's and Say's ideas. The research data indicate that successful entrepreneurs are actually risk averse. They are successful because their passion for an outcome leads them to organize available resources in new and more valuable ways. In doing so, they are said to efficiently and effectively use the factors of production. Those factors are now deemed to include at least the following elements: land (natural resources), labour (human input into production using available resources), capital (any type of equipment used in production i.e. machinery), intelligence, knowledge, and creativity. A person who can efficiently manage these factors in pursuit of an opportunity to add value, may expand (future prospects of larger firms and businesses), and become successful.
Entrepreneurship is often difficult and tricky, as many new ventures fail. Entrepreneur is often synonymous with founder. Most commonly, the term entrepreneur applies to someone who creates value by offering a product or service. Entrepreneurs often have strong beliefs about a market opportunity and organize their resources effectively to accomplish an outcome that changes existing interactions. Some observers see them as being willing to accept a high level of personal, professional or financial risk to pursue that opportunity, but the emerging evidence indicates they are more passionate experts than gamblers. Business entrepreneurs are viewed as fundamentally important in the capitalistic society. Some distinguish business entrepreneurs as either "political entrepreneurs" or "market entrepreneurs," while social entrepreneurs' principal objectives include the creation of a social and/or environmental benefit. Business entrepreneurs who adhere to Cultural Creative values are defined as innerpreneurs as their principal objectives include personal development and social change. An entrepreneur is someone who attempts to organize resources in new and more valuable ways and accepts full responsibility for the outcome. The word "entrepreneur" is a loanword from French. In French the verb "entreprendre" means "to undertake", with "entre" coming from the Latin word meaning "between", and "prendre" meaning "to take". In French a person who performs a verb, has the ending of the verb changed to "eur", comparable to the "er" ending in English. Enterprise is similar to and has roots in, the French word "entrepris", which is the past participle of "entreprendre". Entrepreneuse is simply the French feminine counterpart of "entrepreneur". According to Miller, it is one who is able to begin, sustain, and when necessary, effectively and efficiently dissolve a business entity. Scholar Robert. B. Reich considers leadership, management ability, and team-building as essential qualities of an entrepreneur. This concept has its origins in the work of Richard Cantillon in his Essai sur la Nature du Commerce en Général (1755) and Jean-Baptiste Say (1803) in his Treatise on Political Economy. A more generally held theory is that entrepreneurs emerge from the population on demand, from the combination of opportunities and people well-positioned to take advantage of them. An entrepreneur may perceive that s/he is among the few to recognize or be able to solve a problem. In this view, one studies on one side the distribution of information available to would-be entrepreneurs (see Austrian School economics) and on the other, how environmental factors (access to capital, competition, etc.) change the rate of a society's production of entrepreneurs. A prominent theorist of the Austrian School in this regard is Joseph Schumpeter, who saw the entrepreneur as innovators and popularized the uses of the phrase creative destruction to describe his view of role of entrepreneurs in changing business norms. Foundations Dedicated to Entrepreneurship: To date, the largest foundation dedicated to entrepreneurship is the Ewing Marion Kauffman Foundation, based in Kansas City. One of the main entrepreneur associations is the Entrepreneur's Organisation. In Syria, the Syrian Young Entrepreneurs Association tries to help young people become job owners rather than job seekers. It was founded in 2004. (source: http://en.wikipedia.org/wiki/ENTREPRENEURSHIP).
Is there such a thing as entrepreneurial culture? To some extent perhaps there is. I am sure there are empirical evidence and hundreds of research papers talking about it. I have to be careful here when describing entrepreneurial culture in a race-based manner lest I be labelled a racist! Well, simplistically, a chinese boy, growing up in a family who has a shop selling and repairing bicycles by the time he is 6 years old, would have been able to open up a bicycle into smaller parts and put it back together fairly easily and quickly and would know the bicycle trade including its repairs. That’s what I call entrepreneurship culture. I heard in some colloquiem some time ago that when it comes to doing business, the Malays are reminded about the age old practises in the kampongs where when a small sundry shop selling all sorts of stuff including rice, it seems that the owner (tauke or tuan punyer…the same rice he takes for sale, is also the same rice he takes out to cook fot the night’s dinner…and we call this ‘meniaga buloh kasap: pangkal hilang, hujung lesap’ which in as sense to describe the notion of how important it is to understand the accounting concepts. You need to account and separate between the things you sell for business and your personal stuff!) But, whoever said that the malays do not have entrepreneur culture? They (the malays) have been seamen and traders more than 700 years ago. They were a mercantile society too. Something must have gone wrong along the way. It is always easy to blame others, yes we can say that during the british period before independence they (the british) adopted or was purported to have adopted the divide and rule strategy where the chinese were at the tin mines and traders/business people in towns, while the indians were at the rubber estates, while the malays were fishermen, farmers or mostly government servants. Much of that scenario has gone but that portion where malays would still go for the secured government jobs unfortunately still prevail. I shall not argue or provoke a debate of the ups and downsides to that but therein lie some of the reasons as to why there is still a dire lack of bumiputeras in the commerce & industry. It’s a choice about taking risks and having a secured job. In the corporate world, we define ‘culture’ as the way we do things around here. So, I guess how one looks at what culture is, will determine what one understands what I am talking about. In laymen terms, if one comes from a business or mercantile culture, studies have shown that there is a high probability of the next generation becoming equally or a better entrepreneur. Of course there are detractors, some may opt not to continue the culture or tradition and try completely new, revolutionary or evolutionary vocations. The fact remains that two out of three new businesses or entrepreneurial initiatives fail!
I always like to use parables in driving my subtle messages across. Have you ever watched that movie ‘babe’ about the animals in a farm much like animal farm? One day the farmer decided to make Roseane (the female duck) as the main dish for his dinner. While the farmer and his family was at the dining table, the animals in his farm were all watching by the window, Ferdinand (the male duck) was crying away saying..’…its not fair, why her, why not me?, the cow beside him comforted by saying..’Ferdinand…the secret to a happy life is to accept the way things are, the way things are! Ferdinand replied: ‘…the way things are, stinks!. What the cow said, philosophically we say ‘hopless resignation’ while Ferdinand’s response can be interpreted as ‘spluttering resistance’. So, which one are you? The duck or the cow? If one looks at the Malaysian society in general, it is quite easy to quickly categories the various ethnic groups whether they belong to the ‘hopeless resignation’ or the ‘spluttering resistance’ grouping. I leave that to your illuminating skills to decipher.
I am not sure if I can be considered an entrepreneur or a corporate animal. Corporate animal yes but a reluctant entrepreneur perhaps. I had been in the private sector most of my working life and a short stint as a PTD (diplomatic corp) officer when I was director of the Malaysian Railways training school. Then when I was invited to join PNB (the national equity corporation) I was exposed to fund management and had the privilege to prepare its strategic directions as well as to the initiatives of PUNB (national entrepreneurship corporation). In fact we (PNB IT before a name change to HeiTech) were a PUNB investee company when the treasury directed PNB to sell off PNB-IT (an IT wholly owned subsidiary of PNB) so it (PNB) could focus on fund management. I was one of the management buyout (MBO) team member in 1997. What happened afterwards is history. We took the company public in 2000. I still remain group corporate secretary (http://www.heitech.com.my/) but spend a large portion of my time with MRC as MD and CEO. I was assigned to this outfit in December 2000 when it was in the red to a tune of RM6 mil. Today, it is a member of the global Research Council for Automobile Repairs (http://www.rcar.org/) and our concession as the only centralised database for the motor insurance industry in Malaysia will end in July 2013.
My lecture has been rather eclectic and touchy-feely at times but I rather you ask me the questions. Perhaps as a final note before I get off the rostrum, here’s a story to tickle your brains: three boys were caught in the nude in their hostel room by the warden. Two of the boys quickly covered their private parts with their hands (natural reflex action) while the third boy, covered his face with his hands instead. Question: who do you think would make a promising entrepreneur? Answer: the third boy of course…because he was thinking outside the sarung!
Thank you very much for listening to me.

References:
http://en.wikipedia.org/wiki/ENTREPRENEURSHIP
The Edge Malaysia Week of Oct 6 – 12th, 2008 page 50

Saturday, October 11, 2008

the goblogs are back...hehe





the last goblog posting was 3rd raya. since then I have been to singapore, gave an executive lecture at universiti malaya and played golf this morning hehe. no, i won't depress u further with the financial meltdown and the black novembe asian bourses are experiencing. I was at singapore hilton attending the 5th asian claims management conference from tues 7 to wed 8th and flew back to KL that same evening as there was a crucial meeting arranged by the central bank which I had to attend. The asian claims management conference was ok and was well represented, regionally & globally. I picked some additional relevant up-to-date info so i could use it when i next speak at the malaysia insurance conference (istana hotel 5-6 november). My paper/case study is entitled: 'claim management: a promising oasis or a treacherous mirage? evolution of claims management,an overview and a malaysia case study'. I had an interesting chat wite the chinaman taxi drive on the way to changi airport which i will tell at a later part hehe. Yesterday, friday 10th, at 3pm I was invited to speak to the 2nd year economics undergrads at FEA, universiti malaya. it's their friday weekly executive lecture series and i was asked to speak on 'asas budaya keusahawanan' or aculturaliing entrepreneurship (i did it ad-lib bot english & malay and for a change, without the boring powerpoint slides..haha). The long clap i got after my lecture can only mean two things. they either enjoyed my ramblings or they were relieved that i had finished my pseudo-motivation talk! hahaha. my last challenge to them was: there were 3 boys caught naked in a room by their warden. the first 2 boys quickly covered their private parts with their hands (instant reflex action). the 3rd boy, quickly covered his face with his hands. question: who do you think will make a better entrepreneur? answer? the 3rd boy. why? cos he was thinking outside the sarung! hahaha. Immediately after, I went for group MNRB's raya do at felda perdana ballroom.


This morning was UM alumni/British Graduates Assoc Malaysia/ American universities alumni malaysia charity golf tournament at KGSAAS. ok ok enuf read for the weekend. hehe...to be continued...



Saturday, October 04, 2008

3rd day of eid mubarak...


kampong arab port dickson, negeri sembilan, where i grew up since 1965 whn i was in std 5. see shell refinery PD stack (after my brother's correction awhile ago..hehe) tower in the background...

an old moque in front of the rest area (jemapoh) somewhere between batu kikir and kuala pilah town (shot was taken during a downpour yesterday afternoon)

Seremban highway about 730pm yesterday, northbound to KL, traffic volume building up on both sides of the lane...balik kampong for some and balik KL for others like me..hehe

i think 5 days (mon-fri) in kuantan is bloody long enuf, don't u think so? time to head back to KL. hmm KL home sweet home. It would be faster to just use the new kuantan highway but i decided to use the segamat highway instead, go thru muadzam shah, keratong, bahau, kuala pilah, seremban and then stop over at PD to visit my mum. After a damn gud 'babat' (typically javanese..hehe) dish..we head back to KL. Phew, what a relief...everything in the house was as in..cuak jugak...u know lar wif the global financial meltdown and increasing crime rate and all..who wud not be worried rite? Although my RM50,000 house theft insurance is still in force...but the heartsick and mess and the psychological after-effects of a burglary can be very disturbing for quite a long time u know! some don't recover all, move house and start anew. ok folks catch up later later leh..nid to shave off my head...its grown fairly quickly after 5 days of great food..hahaha

Tuesday, September 30, 2008

on the eve of eid mubarak...

nothing like lemang prepared the tradtional way, the way it should be done always..

wak gimin at 83...and his lemangs...

lemang oh lemang..where art thou...


my first primary school (1961-1963) sultan adulllah primary school kuantan...

the house, well, the spot, not the house, where i was born...hehe


This afternoon like all other afternoons, on the eve of Eid Mubarak, I'd go about my usual chores. Washing the car at the favourite Mobil station, in town, was one of them. Then I'd quickly make my way to Bukit Setongkol, the once quaint little, predominantly javanese village where I was born. Embah Babut, Embah Sitom (my late grandmother) have all passed away a long time ago. Datuk Johan Jaafar, on his regular saturday column in NST said that this year he would join his predominantly javanese folks kampong at Sungai Balang, Muar, Johore, for the javanese ritual called 'baraan'. I went straight to the back of Wak Gimin's home, beside the house I was born in. He was there, that frail 83 year old man. Watching diligently, his lemangs over the fire lest they might get overcooked or at worst, burnt. He recognised me intantly cos whenever I am back to celebrate Eid Mubarak in Kuantan, I never fail to get a few sticks, well bambo sticks of lemangs from him. He has been burning the lemang as far back as my childhood days. The lemang is glutinous rice, carefully prepared with coconut milk, placed in banana leaf and carefully inserted into well-chosen bamboo and placed at about a 70% angle beside a delicate charcoal fire, to be simmered away. It takes a couple of hours before the lemang is done.

Now back to Wak Gimin. He was telling me the banana leaf used to cost just 20 sen, it is now 40 sen piece. The flour used to be RM2. Its now RM4 ringgit a kilo. The bamboo is getting difficult to get because the orang asli burned the bambo areas in the nearby jungle so they can build their new habitat. So, I guess u guessed it right, hehe. His lemang, the medium ones, is now RM11 a piece. But its worth every bit of it. I tested one just now during the fast break...whoala...mama miyya...smooth man...it melts in your mouth...just as I had predicted. Old javanese men, like wak gimin will take his skills away with him when he is gone..unless he transfers them to his children, which I doubt, cos I notice none of them (his children) seemed to be interested.
Again, as usual, I took the oportunity to pay the alms (fitrah/zakat) at the mosque at bukit setongkol. That too has gone up. It's RM7.30 per person now in Kuantan. I took a foto of my primary school at the junction of Jalan Dato' Wong Ah Jang. This Hari Raya seems a liitle more nostalgic then previous years. I wonder why. In 2006 I was celebrating it at Odaiba, Tokyo and there wasn't any nostalgia at all..hehe. I dunno...age is catching up perhaps..which reminds me that Tan Sri Arshad will also be 80 this coming november and his favourite line would be...'age does not matter; what matters must not age..' hehe.. ok folks...don't forget to wake up early for tomorrow morning's Eid Mubarak's morning prayers...and it starts at 9.00 AM here at the bukit setongkol mosque...

Monday, September 29, 2008

of changing times and changing values...

Its that time of year again. One or two days before Eid Mubarak. Where muslims the world over, celebrate in victory (as they say in indonesia) after a month long of fasting (abstention from food, drink, sexual activity and a host of other do's and dont's, from sunrise till sunset, one of the 5 tenets (pillars) of Islam). Just arrived in Kuantan about 2 hours ago and at my sister-in-law's residence. Most of my wife's other siblings are also back. From KL mostly, except one from Penang. Everybody's back except one family still in KL. When big oh well, huge families go back to their kampongs, it's always the rooming problems haha. The eldest usually get the best suite, ensuite (with attaching bathroom and all hehe). The rest, according to seniority and pecking order...hahaha. Well not really, some depends on how much more your mother in law loves your wife (wink). If your status is your Lordship (a datuk) or at best a Baroness (makdatin)..then the perk varies again..hahaha. Hmmm feudal system at work again. Imagine you're the youngest in the family and your husband is only a despatch boy with lots of kids, can't even afford a kancil and had to book the bus tickets months in advance, and everybody else is a dato' or a tan sri? You'd be lucky if you and your family get to sleep at the kitchen area. But, isn't that what Ramadan is all about? patience and surrenderance to Him? And what it is supposed to have taught you? Spluttering Humility rite? No, not that borgouise feasts at 6 star hotels or crates of grub fit for a King? Well, as usual..plenty of stuff to debate here. That's why I consider meself fashionably oxymoronic hahaha. I'd still think that I so have a pool of detractor followings hehe.
ok ok let get back to the foto above. That's an oil painting of what' left of the house of my wife's grandparents at Pulau Jawa, Pekan. Late Grandpa-in-Law was the late Sultan Abu Bakar's boatman and late great Grandma-in-Law was the current Sultan's nanny. The house in the picture used to be the focal point, the converging spot for the whole Abu Bakar clan. The parents, in malay culture, are always the unifying factor. When they are gone, the siblings go their own separate ways, well mostly, and repeat the rituals with their own families all over again (I hope!). Oh I forgot, for the last 2 years my family and I have been downgraded to a 3 star lodging house...somewhere nearby The Ritz-Carlton of Kuantan (wink) uwaa uhu hu hu..but my wife isn't complaining even though she is the eldest in the family. I am the Taro Aso kicking up the big fuss here...hehe. Upon reflection, I too, may do the same when our parents are gone. I guess we won't be soo eager to balik kampong for Hari Raya then. We will celebrate it wherever we may be, Paris? London? New York? Perth? Chicago? (hahaha yeah..you wish!) or just Jakarta or Bandung perhaps?.....wishing friends who took time off reading my blogpost, Salam Eid Mubarak! Maaf Zahir & Batin...

of depression and retirement?...

Testing my samsung omnia 5 megapixel fon camera. That's how cluttered my private desk is...haha. Slightly relieved as I just emailed my regular column at bodyshopnewsAsia in Sydney. Still one more to go for them and two more I promised Datuk A Kadir Jasin for his Malaysian Business. Lepas Raya lar kot. It's 3.05 AM here at Kelana Jaya, Quiet as I think most people dah balik kampong. Seems like bailouts by governments are becoming fashionable yet again haha. Paulson the US treasury secretary tersengeh tadi on CNN/BBCWorld happy that the bailout of AIG got approval from both democrats and republicans. In the UK, another bank is nationalised joining the ranks of Northern Rocks. This is really the year of bear sterns, freddie mae, merrill lynch, lehman brothers and AIG...ok ok..I shal not spoil your hari raya mood with all the financial crisis and possible meltdowns...probably worse than The Great Depression of 1929. As Kennneth Gailbraith once said 'Men have been swindling other men. But in the autumn of 1929, men succeeded in swindling themselves!' Just wanna share with you an email I received from Michael Smith, secetary-general of RCAR on his retirement. We wish him well, farewell my friend...

Dear Khaeruddin,

You will have seen my letter to all the RCAR Members thanking them for the wonderful presents we received in Paris . It really was very kind of everyone. However, I felt I should write to you to thank you for your personal kindness. The gift of the Pierre Balmain leather desk set was most generous and also it will be very useful. Very many thanks.

I was delighted that MRC were elected to full membership. I think this was a combination of the work that you are doing at present and also the very interesting presentations that you gave in Paris - although I only attended part of the Technical Conference it was the important part as I heard both your presentations.

Patricia joins me in wishing you and your wife the very best for the future. I know you have your own retirement coming up in a few years and I hope that that goes very well. I can certainly recommend the additional time one gets after stopping full time work.

Very kind regards,

Michael


Thursday, September 25, 2008

Solat Hajat Perdana SBPIK...

MRC managing director handing over the notebook to the principal of SBPI Kuantan...


Friday September 12th, 2008 was an important day for us (MRC) and me especially, as that evening I was guest of honour (again) breaking fast with 600 students and their parents at their fully residential school at Bandar Indera Mahkota in Kuantan, Pahang. We then adjourned to the school's mosque for the special Perdana Prayers to seek blessings from Allah for the wellbeing of our children (except my children, none are schooling there..hehe) who will be sitting for the coming PMR and SPM exams. I gave a 4 minute highspeed train motivation speech and also handed a notebook and a desktop to the school as promised in my speech at their awards ceremony last year. It is a small donation on our part but I hope it will trigger other parents to come together and collectively contribute to the school via the PTA (Parent-Teacher Association). We also donated in cash, just a small token sum, to help pick up the tab for that evening's food bills. A most trying thing happened that evening, just before the maghreb solat. My driver left the car keys in the trunk of the car and closed it. Ya ya I phoned everywhere, AAM, my chaps in KL....eventually 'Nicholas Cage 60 minutes' of Kuantan came to the rescue..and I was RM200 poorer...uwaa .... juz to get the keys out so we can go home to Kuala Lumpur that same night...



Monday, September 22, 2008

RCAR2008...some eclectic fotoblog...dah malas...Bonjour..hehe

Lucina Espinosa, Jennifer Accosta Huato, Maurico Ruiz Correa, me, Joes Aurello Ramalho, Daniela Costa Almeda,Giovanna Petrabon, and Catalina Preito, waiting for the coach to take us for the farewell dinner aboard a yatch crusing the scenic River Seine in the middle of Paris with a night view of the Eiffel Tower...hehe

Antonino Arrigo (MD CESTAR Italy), Ignacio Juarez Perez (MD CESVIMAP,Spain), me (MD MRC Malaisie), Jose Manual Carcano (Centro Zarazoga) and Angel MArtinez Alvarez (Directeur-General CESVI Mexico)

with my latino frens, squatting is Victor Orihuela (CESVI Mexico)...

Tapani Alaviin (Finland) and his wife , retiring secretary-general RCAR Michael A Smith and pardon excuse moir..me hehe


Andrew Miller, THATCHAM UK's Director of Research taking through the salient features of RCAR's future Strategic Direction at the final day of the global meet in Paris

montmartre street


picasso wannabes at montmartre..hehe

modern day picasso waiting for someone to draw...haha ...a visit to paris without taking the funiculaire train up the montmartre, would utterly be incomplete..hehe

again, another picasso trying to finish his monumental oil painting..hehe

if you like history, don't forget Versailles, where the refinement and eclecticism of Marie-Antoinette, emphasises her way of living and freedom of thought that was inspired by enlightenment theories (unlike templer's conspiracy theories at rennes de chateau which is further way at the pyranees...hehe). No wonder eventually both she and King Louis XVI was beheaded ..hmmmm

my 2nd and final country report/research paper at the global meeting...


sharing with fellow RCAR members (26 insurance-backed research centres from 19 countries) our efforts at eradicatiing cut&joint vehicles in malaysia...

MRC is a member of the international P-Safe committee...

where the week-long meeting is being held in Paris, the Groupama HQ, France's largest insurer

Earnest Hemingway (the famous novelist) joint at REIMS, champagne district, about 2 hours out of Paris on the way to Brussels, Prague, Budapest..

On wednesdays, the children in France don't go to schools. Its their day out visiting agricultural exhibits in town. France is, like other european nations, a predominantly agrarian society and the fabric of their social and economic activity is still very much cooperative-based...industrial sector aside..


the new secretary-general of RCAR, Wilf Bedard of Canada, in deep thought during proceedings...

also in deep thought, Fabian Pons, gerenti-generale CESVI Argentina, ramalho CESVI Brasil and steering committee chairman, Robert McDonald of AIG, Australia...

yucks...ya ya..that's where I break my fast almost everyday...turkish kebabs...ok aah...can't complain..quite tasty actually...hahaha



Wednesday, September 17, 2008

RCAR2008...Day 2...

welcome dinner menu...

the dessert of the welcome dinner on sunday nite...
Ya ya I know your're fasting. So am I ok? The first day session (on monday) was at at 8, 10 rue d' Atorg yesterday. Tuesday and till friday, will be at building 21, rue Malesherbes. While bloging this post i was also simultaneously chatting on Gchat with my fren pengeran hassanul of Universiti Malaysia Sabah and he asked me to visit a place he was infatuated with a long long time ago, rennes-le-chateau where it seemed the templer conspiracy theory originated. But that's at the Pyranees..omg...bloody faraway man! hahaha.
Tuesday technical session was really heavy and plenty. We startedat 9 and it wasn't over till 6 pm. Topics range from Thatcham's global vehicle security standards, IAG australia motocycle design guide, Bumpe teting at IIHS USA, report of the RCAR crash test working group by Hartmuth Wolff of Germany, review of global vehicles by State Farm USA, to access to non-oems and the norwegian body repair market by NARC Norway....fulamak...berat, berat...hehe. I was seated next to my good ole fren Jan Erik Skar of Norway and he was sharing his experiences when he worked with Renault and observed the working culture of the French..an obsession with approximations and they would have lots of committee meetings ( reminds me of someone at level ape ek? hehe) before agreeing to something as opposed to when he was working with BMW where the culture is that of precision and creativity. Probably because BMW wasin Bavaria, south of Germany nd close tothe Italian border. The italians love to sketch ( Da Vinci)...they sketch, the germans at Bavaria make them a reality. Erik, as we chatted also told me that it is also probably because the Germans in Bavaria and more relaxed and much more freindlier because they are mostly Catholics unlike their protestant cousins say in Frankfurt. Ok I gotta go now, visiting the French countryside today, gotta washup...don't want to be left behind by the coach ok? ....another long day before buka puasa beb...hehe..ciao for now...



Tuesday, September 16, 2008

RCAR2008 Paris..day 1...

my paper day 1 of the meeting yeterday sept 15th at rue d' astorg, Groupama Global Headquarters, one of Fance's largest insurers...

seated on same table as delegates from Kart Korea and Cesvi Mexico


the louvre glass pyramid museum is at the rear of this hotel


Arc de Triomphe..



MRC's country/research report was presented this morning after State Farm, USA and CESVI Spain. CESVI France, came after my presentation. MRC's 2nd and last country paper/research (cut & joint vehicle scenario in malaysia) for this RCR2008 meeting, will be on friday. Asian stocks are battered as I blog this post at 4.40am in my hotel room in Paris while having my sahur. Earlier today, major global financial/economic tremors: the US wall street meltdown when Lehman Brothers after being around for over 150 years, filed for chapter 11 (the US equivalent of bankruptcy), Merrill Lynch bought over by Bank of America and AIG the world's largest insurance company is struggling to survive. Its shares fell 60% yesterday. All these a result of the housing slump. So, the subrime saga is reall not over...hmmm. While blogging this my mind is thinking about our own scenario at home...all is not well? Please tell me all is well...uwaaa. ok folks..need to finish of my curry maggi...will update later today...ciao...

Sunday, September 14, 2008

RCAR2008 Paris...

View from my hotel room...in Paris..

juz a close-up...

Vincent Claeys, Director CESVI France manning the reception desk since this morning at the lobbly of The Concorde Saint-Lazare at the heart of Paris...



When the triple seven didn't touch down, more like it came down with thud, you can imagine how the flight must have been. Yes, one of those rare flights where almost all along the way, the flight was quite turbulent. The headwind was strong. 13 hours on the air...ya ya blame it on the current global weather conditions. Our annual global research council for automobile repairs (RCAR http://www.rcar.org/) 2008 hosted by CESVI France this year, begins in a few hours, with the standard cocktail/welcome dinner. MRC Malaysia (http://www.e-mrc.com.my/) was invited to be a member at the similar annual meeting in Berlin in 2004. MRC is a subsidiary of HeiTech Padu Berhad (http://www.heitech.com.my/) and MNRB Holdings Berhad, both main board public listed companies. I will be presenting 2 country reports 1) the malaysian motor insurance claims monitor and 2) the cut & joint vehicle scenario in malaysia.
Its early autumn but I underestimated how cold it is...burrrr am shivering while blogging this post. To make matters worse, its sunday, all the shops are closed and I didn't bring along my sweater. And breaking fast is only at 8.05 pm local time...uwaaaaa. Will update the proceedings of the meeting..if I am not too tired, too cold or if I can stay awake to blog it...hahaha....

Thursday, September 11, 2008

cheaper by the dozen?...

that was my buka puasa at bukit kiara equestrian club yesterday while waiting for my other exco members at our monthly executive committee meeting hull university alumni association in malaysia...the president must set a good example and must always be the first to arrive...


Fasting month, I always look forward to this holy month and try to derive the most of it (in malay we say (mendapat menafaat sepenuhnya). I may have my other naughty human frailty obsessions or innocent vices but when it comes to fasting, the training, regimentation by my late father was something that became second nature, to me. Its a given and you observe the fasting with full surrenderance to Him Allah Almighty swt. By the age of 7, no excuses but we were all made to fast. Try it for half a day, was how it all began and soon practice makes it well not perfect but yes to become not something dreadful but a pleasurable duty as a good muslim should. Don't worry folks, I am not about to go into deeper discussions as to the scientific benefits of fasting.


I was reading stuff to prepare for this interview session tomorrow between 1130am to 1 pm at kulliyah ekonomi & pengurusan international islamic university, Gombak campus, where 4 undergrads will grill me on issues in compensation and benefits management, TV style, watched by 45 other undergraduates, when i stumbled upon this article below on management Gurus which brought back nostalgia of my early years of basic management theory. Frank and Lillian Gilbreth was one of those management gurus in the league, the likes of Frederick Taylor, Elton Mayo and many others in those days...enjoy the article below from the Economist:



Gurus
Frank and Lillian Gilbreth
Sep 5th 2008 From Economist.com


Frank (1868-1924) and Lillian Gilbreth (1878-1972) brought together two of the main streams of management thinking over the past 100 years. On the one hand, they followed the pioneering work in time and motion studies begun by Frederick Winslow Taylor, and on the other they developed the study of workplace psychology. Frank, who began his working life as a bricklayer, closely observed the ways in which different men performed the task and came to conclusions about the most efficient way. In one case he increased the rate of laying bricks from 1,000 a day to 2,700 a day. Lillian wrote a thesis on the psychology of management and her first notable publication, “Psychology in the Workplace”, was serialised in a journal of the Society of Industrial Engineers. The two subdivided workers’ hand movements into 17 different units, which they called “therbligs” (Gilbreth backwards, except for the t and the h). Doctors to this day owe a debt to them, since it was Frank who first came up with the idea that surgeons should use a nurse as “a caddy” to hand them their instruments as and when they were needed. Previously surgeons had searched for and fetched their own instruments while operating. The Gilbreths are generally considered as one unit. But Frank married Lillian when he was 36, after he had done much of his time-and-motion work and years after he had set up his own engineering consulting business. He died only 20 years later, after the couple had produced 12 children, who limited the amount of time they had to work together.

Lillian lived on for another 48 years after Frank’s death, continuing to work and give seminars for much of that time. Famously, she travelled to Europe a few days after her husband’s death in 1924 to fulfil a speaking engagement in Prague that he had undertaken. She was a redoubtable woman, forging a career in a discipline—management in the engineering industry—where women were not at the time taken seriously. Often called “the first lady of management”, she was also the first female member of the American Society of Mechanical Engineers. In recent years the Gilbreths’ work has largely disappeared from the management canon, with time-and-motion studies mostly associated with Taylor.

The couple are best remembered for a book written by two of their 12 children (Ernestine and Frank junior). Called “Cheaper by the Dozen” (first published in 1946), it has been turned into films and TV series that have little to do with the real lives of the Gilbreths, apart from the fact that they had twelve children. And even that was not quite the truth, since one of their children (the second) died of diphtheria when she was only six years old. They never actually had twelve offspring alive at the same time. The title of the book was taken from the answer Frank is alleged to have given when people asked him how he came to have so many children: “Because they come cheaper by the dozen.”

Lillian Gilbreth was included in the US National Women’s Hall of Fame in 1995.

Thursday, September 04, 2008

anything can be predicted?....


I picked up a few books last week at kunikuniya (gawd, its soo difficult to remember this japanese bookshop's name at KLCC! to assist or trigger people's instant recognition, I have a malay name for it...konekukecewa...hahaha...ezier to remember rite?). Am reading the first one now (the pix above). The author, Ian Ayres, is a professor at Yale, both in the Law School and in the School of Management, as well as a lawyer and author (Wadi please take note). He is a regular commentator on National Public radio in America and a columnist for Forbes magazine. A contributor to the New York Times and editor of the Journal of Law, Economics and Organizations and he has written eight books. This book of his, 'Super Crunchers: How Things can be Predicted' starts the chapter with examples of the mathematician who out-predicted wine buffs in determining the best vintages, and sports scouts who now use statistics rather than intuition to pick winners. This book exposes the hidden patterns all around us. The new way to be smart, savvy and statistically superior is the suggestion that no businessperson, academic, student or consumer (statistically that's everyone...hehe) should make another move without getting to grips with 'thinking by numbers'. I have said this many times to my MBA students and to many HR well HC (Human Capital as is fashionably termed these days!) people that inorder for you to be strategic is to be at the table and not on the table (boardroom). The only way to gain respect from your colleagues/peers is to be numerate and an impressive number cruncher. I like the part when Ian quoted Upton Sinclair (and now Al Gore) who said: "It is difficult to get a man to understand something when his salary depends on his not understanding it" haha...sounds familiar isn't it? I won't spoil your fun now. Go get your own copy you hear? ciao...time for my beauty sleep..hehe.

Wednesday, September 03, 2008

intellectual laziness...?

I felt some kind of laziness, some unexplainable fatigue. Was it a sign of the times? the mismatch between my biological and physiological age? the current political and economic climate of the country? the impending global recession we read in financial periodicals? the predictable pattern of Japanese Prime Ministers' resignations? When I read Wadi's blogpost I realised...yes...its what we call intellectual laziness. Nothing could describe it better than the email which was sent to me by my MBA classmate last night at my gmail address. I have planned,registered and abandoned my doctoral candidacy a few years ago. I have been constantly pressured by my academic friends (Datuk Prof Ibrahim A Bajunid, Assoc Prof Rasid, Prof Roselina, Prof Fauzi..to name a few and the list goes on...) to register for my PhD,EdD or DBA. I should have got it 2 or 3 years ago...but you can't get through life saying you should have done this or that right? hehe.
"Intellectual Laziness
Intellectual pursuits are not exclusively reserved for the scholars. I believe ordinary folks like you and me can engage ourselves to seek basic /advanced knowledge and understanding of the very purpose of our existence to enable us to earn the pleasure of our Rabb. However, with the present hectic lifestyles and too much distractions/seductions in our daily lives, we keep on deferring this activitiy until we almost forget about it.

As muslims/muslimahs, we all acknowledged and accepted Qur'an as the book of Allah swt. How many of us had read the WHOLE translation of the Qur'an, not to mention the tafseer?. If we do not read, we do not know. If we do not know, how could we think? If we do not think, how could we understand? If we do not understand, how could we get the meaning? Knowledge only comes with the arrival of meaning at our souls!
I hate to conclude that we are mostly very lazy, me included. Below is an article I copied from Nasiha.com which explains the issue better than the personal dialogue above:-
It is unfortunate that intellectual laziness has become widespread among today's Muslims, and they have come to prefer rest and idleness over striving and struggling. Luxury and all forms of useless curiosity have become a purpose of life for them, and pleasures have become a goal for them, such that they have no time left for studying and seeking knowledge. Their state has come to resemble that referred to by Imam Ahmad ibn Faris al-Razi, the philosophist born in 329 AH, died 395 AH, may Allah have mercy on him, when he said:
If you are harmed by the heat of summer
And the dryness of autumn and the cold of winter
And you are distracted by the beauty of springtime
Then tell me: when will you seek knowledge?!
Compiled From: "The Value of Time" - Abd Al-Fattah Abu Ghuddah"
So there you are? Perhaps I should rethink and actually get that PhD? Some say it's not necessary. While it does have its merit and advantages, I do believe that it can have its disadvantages too, depending upon circumstances. While it is revered, a prerequisite in academia, it sometimes can make you a bit overqualified for a job. Well, it's a matter of interpretation and perceptions again. You may disagree with me, but whatever it is, acquiring it would be a challenge as I count the days to my impending retirement. I was watching 'Pirates of Silicon Valley' on ASTRO awhile ago and Steve Jobs of Apple computers (in the movie) when he launched the Macintosh PC quoted Picasso 'A good artist copy, a great artist steal' Hahahaha...eh hello, I am not suggesting anything here ok?...just make sure you guys fast and get your 'sahur' in a couple of hours ok?

Monday, September 01, 2008

first day of the fasting month....

nice, cool, breezy, wintry but a sunny day...

the next day..it occured while I was speaking inside the sydney darling-harbour convention centre recently...

Ramadan (fasting month) is here again. Wishing all my loyal fellow muslim readers 'selamat mengerjakan ibadat puasa'. No, there is absolutely no conection at all between the sydney fotos above and the fasting month. It's supposed to be a quiet, repentant, and sin-cleansing month. I saw the fotos on my phone and uploaded it onto my blogpost. I thought I had alot to say, after not having blogged the last couple of days but after I read my good friend Deepak's interview in the newspapers, who is apparently a cyberlaw expert...I become much more cautious now plak.. and the words do not flow easily as it used to!..hehe. Enjoy the rest of the merdeka holiday..