Tuesday, 3 December 2013

Bismillahirrahmanirrahim……

Assalamualaikum to Miss Ummi and all my friends…

I think this is my last post to share with you about strategic management in this semester. I hope, we can continue share the knowledges in this blog at next time. Ok,, this last entry, I want to share about motivation and rewards. In my opinion, first and foremost, as we know in our life we also get the rewards from Allah when we have done a good thing or obligation. Same like in organization environment. When the employees have done a good work, give full commitment and hardworking in do their tasks that given to them, they also can get the rewards from their manager. For example, some manager have rewarded their employees by increases the worker’s salaries or offer the higher salary for them. So, indirectly the workers have motivated to improve their performance or tasks. Besides that, the most important is the employee engagement or loyal employees are central to achieve this goal. In other way, the manager must take the employee out from the indoor works. It means the manager must take the employees out for the outdoors activities of the company on a monthly or two times in one month.  For instance, the company does a dinner event, do a games sport in weekend and many more. So, the employees can reduce stress and release tension with much work in company by does join the outdoor activities. Other than that, the manager can recognize their employees with a certificate, plaque or trophy such as do an “INNOVATION AWARD” OR “GOOD WORKERS IN A MONTH”. So, for those that get the reward, they can feel passionate to work and grateful with the acknowledgement that the company give to them. One example of the organization that rewards their employees is MAYBANK. What I see, from the my brother-in-law experience, maybank have plan the ‘family day’ for their all staffs at the organization every year and when have a celebration, the top manager also give the ‘angpau’ or ‘duit raya’ to their staffs as a bonus. Sometimes, if the manager is from other races such as chinnese, they also give the ‘limau mandarin’ one box when chinnese new year’ to every staffs.

That’s all from me.. Thank you, see you again.... J

Tuesday, 26 November 2013

Assalamualaikum to miss ummi and my fellow friends..:)

In this week I have no lecture and tutorial. But we must answer the forum session in goals that miss ummi have given to us. In my opinion, I think a corporate culture can assist in executing in an organization by practicing and showing good an ethical bahaviors or good akhlak in company. For example,  responsibility, dicipline, respect each other among the co-workers from the bottom to top management, justice and many more. In addition, we also can follow the universalism and relativism principal such as if the company have many workers from the various race. So, we must think the suitable rules that all workers can follow it and accept. We must justice to all workers in this situation without irrespective of race. Sometimes the workers also must have a soft skill such as communication to handle a company or facing many customers. So, the customers feel are intrested to cooperation with their company and join venture. If I one of the top managers, the values that I would like to inculcate in my organization is to apply the islamic work ethics  and to create the islamic environment in the organization based on Al-Quran and As-Sunnah that Allah and Our Prophet mentioned in that. Because as we know, Islam is beautiful and the way of life. So, as a muslim, we know and we must follow the Al-Quran because Allah have said many things in Al-Quran and related to all aspects in human life..

That all from me, thank you..:) sorry if I do a mistakes..

Tuesday, 19 November 2013

Assalamualaikum to Miss Ummi and all my freinds..

Do you want to know what i have learnt in this week? Actually, i have study about corporate strategy: diversification and the multibusiness company. The meaning of word diversification various or in the business side it means as more industry in 1 company. There are 3 testing whether diversification adds value for shareholders. It consists, the attractiveness test, the cost of entry test and the better-off test. Besides that, we also have learnt about synergy. Do you know what is synergy? Synergy is defined as 1+1=3.

In addition, we also learn about intrapeneurship. In simple word, the meaning of the intrapeneurship is culture in the company. For example, every workers can give their idea to develop the new product. Ok, thats all what I can share about this topic.. Sorry if my post in this week very short because I have no idea to wrote.. 

Thank you.. :) ^-^

Tuesday, 8 October 2013

Assalamualaikum to all readers...

In this week, I want to share about five generic strategies. The five generic competitive strategies are:

Ø  Low-cost provider                                                        

Ø  Focused low-cost                                                        

Ø  Broad differentation 

Ø  Focused differentation

Ø  Best-cost provider

Some examples of firm that includes in the five categories are: 

thats all from me.. thank you...:-)