TRANSMILE GROUP - A TYPICAL CASE OF NOT FOCUSING ON THE BIG PICTURE

Hi! Friend,

I recently attended the AGM of Transamile Group Berhad, held at The Saujana, on Apr 28, 2010 and like to share with you some of my findings.


There is no doubt that the Management has been working very hard to settle its huge overdue debts and other significant operational issues. However,  I noticed something amissed . They have missed out the BIG Picture of the turnaround plan and its future direction. To me, what the investors are interested to know is the big issue of turning around and the length of period they need to turn around, rather than what they  presented at the AGM. In my personal view, this is a common mistake made by lots of senior professionals who may be too overworked and overstressed.


As a result, I raised these issues to them in the hope that they will open their mindsets and look at more options in order to turn this company, which has certain niche market, around. No doubt, it is a difficult task, but not impossible. They need to have more confidence and stronger faith or at least give my views some consideration, so as to turn the company around and to keep its current staff force.


To my disappointment  my view was not given due consideration and they chose to bull dozed their plan ahead. This does not seemed to be fair to the minority investors because the management may not have explored all the options before arriving to such a conclusion.


In this connection, I also urged them to refocus their attention on these Big and Urgent issues, but in vain. I did not walked out in protest, but listened to their presentation till the end. The key performance indicators such as revenue per nautical km travel, cost per nautical km travel, load capacity and average utilisation hours of each type of aircraft were not available. Reason given by the COO were they were confidential. These key indicators are usually made available in the annual reports of other airlines.


I approached the COO after the AGM  and had a short chat before exchanging business cards with the CEO and CFO. Thereafter, they excused themselves for the press conference.


Consequently,  I contacted the COO and CEO the day after the AGM with the hope of offering them my experience and skill. I am willing to work with them to explore more options to turn around this company, which I believe there is a possibility and not as what they claimed. My intention of offering such help is to keep the company afloat so as to lift up their staff specially and their families members, as the name suggested in this blog.


Secondly, this is another typical case of fixed mindsets, where people refused to explore other possible options before coming to such a conclusion as the above. As such, I published this event in the hope that the management can give it a second thought.


Click the link below, which may be helpful to you:-


http://moneytellsstories.blogspot.com/2010/04/how-to-grow-your-business-without.html


OR CLICK AT THE TITLE OF THIS POST




For those who want to know more about the details of the financial status of the company,  you may access its report at bursa website.


Thank you and look forward to hearing from you,


James Oh  

How to Involve Children in Green Choices

Hi! Friend,

Lately, I read about this great of article on How to Involve Children in Green Choices. WE, not only need behind a good legacy to the future generations, but also need to get them involve in Green Choices.

Depending on their ages, you may ask them to help you do the following things:

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  Plan healthy, green menus and then turn them into a shopping list.
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  Find items around the house to reuse, such as turning computer paper printed on one side only into notebooks or scrap paper for art projects.
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  Sort through their toys to find items that they’d like to donate to children in need in their community.

Read more at http://www.dummies.com/how-to/content/how-to-involve-children-in-green-choices.html?newComment=true#comments#ixzz0mXArWwMD

Please click at the title of this article to learn how to save through GREEN. I am going to put more money in your pocket so that you have time to read my blog.


Happy reading and reap its benefits,


James Oh

ANOTHER MENTOR OF MINE

Hi! Everyone,

I write to share with you some tremendous great moments I experienced while I was attending this 18th National Achievers Congress 2010 at Sunway Pyramid Convention Centre, from Apr 23 to 25, 2010.  

What I can say is that I have enjoyed every speech from all these world class renowned speakers that was lined up by Richard Tan and his team from the Success Resources Sdn. Bhd. He is really bringing us World Class Knowledge into three days event, packed with several world class renowned speakers, who came from all over the world. They not only shared their success stories, but also showed passion in coaching whoever who have the need, so as to bring the world to greater heights of success. 

Here, I write to record my sincere thanks to all of them who have made this event successful. Their generous support has made this educational journey not only enriching, but was also full of excitement and enjoyment.

Their gestures and attitudes were so appealing that I decided to step up and signed up for one of the coaching courses that have been lined up for us. The reason I record it this is to reaffirm that result needs action. Action needs energy. So, use your energy appropriately and you will reap its reward. 

In this connection, I write to tell you the good news that there are lots of people out there who always wish to extend their hands to help. So, just step up and seek help if you require help. Today, we are living in the world which is so inter-dependent on each other. There is always a great tendency that someone needs your help and you need others as well especially during our walk of lives. 

One thing I was so fascinated about is the book, Put More Cash in Your Pocket, by this great author -Miss Loral Langemeier. The title caught my immediate attention and I could imagine how wonderful life will be if I could put more cash in my pocket, exactly the way she had demonstrated to us. In the split of a second, I told myself that I must sign up for the course. Thereafter, the message became clearer and clearer as I vet through her book. My inner voice tells me that I can do it as well and urge me to journal it in my blog. Please take a bold action to step up and grasp the opportunity as it arises. You will stay status quo if you ignore or procrastinate about it. So, always stay alert and look for the opportunity, regardless of the state of the economy you are in now.  

One thing I write to share with you is that I couldn't be what I am today if I had not been influenced and impacted by others, especially those great heroes, authors and friends who have given numerous support and courage. One of the common goal what I learn from all these great speakers is that they have the passion to give back their skills, knowledge and experiences to the world they have been benefiting from.

Append below are some photos taken, by some of my new friends I met at the congress and my new mentor. She even autographed some books for the course.

Profile:

Loral Langemeier is one of today’s most dynamic and pioneering financial strategies. A New York Times best-selling author and a leading motivational speaker, Loral has spurred thousands across the country from dazed apathy and fear of finance to millionaire status by giving them the simple tools to launch innovative business that generate cash and build wealth.

For those who have signed for the above, please contact me so that we can cling together to walk through this journey if you wish to. Currently I have 4 members in my team.

Thanks for your time and wish you happy reading, 

James Oh

GREEN WAYS TO SAVE

Dear Loving Readers and Visitors,

Contrary to general misconception that you need to spend lots to go green, I am glad to say that you can even save more by going green. I am sure some of you may have heard the clarion calls of; "Global Warming", "Save the Planet", etc. I also must state that to make this "green movement" workable, it must be practical, and economically profitable for the average family. So, if you want to help the planet, you can advise your family and friends how to save money by going green. Below please find some of useful guides you may adopt:-

1.    3R - Reduce, Re-use and Recycle.

If your house is in desperate need of de-cluttering, clear it out by either donating or selling off the unnecessary items and make some money! So, go through your home, section by section if it is more practicable to you, and sort out items that need to go. Separate these items according to your plan, either to be sold or given to charity. By doing so, you not only clear more space for breathing, but also save the planet by letting other people reuse or recycle those items not useful to you.

If you have a habit of keeping all sorts of stuff in your car, then I have good news for you. The quickest option for you to earn extra money is getting up early at the weekend and head to a car boot sale. Alternatively, you may opt to sell on eBay, especially for those not keen on early mornings or facing the public. For larger items, you may specify that buyers collect them at the comfort of your own home. It is so convenient to turn those unwanted items into instant cash. What's more do you need?  You can do all these through a few clicks of button of your finger. 

For those serviceable items that aren't in good enough condition, you may either sell them or give to the charitable organisations.

2. Minimise Waste

This is another useful mean of saving the environment by reducing waste. Below are some suggestions which you may deploy to reduce waste:-

a) Make it a best practice to check your fridge and cupboards before going shopping. Make a list of what you need, this will not only prevent you from buying too much, but it also helps you to save time and cash. Through this sort of planning, you will save time to go shopping again for items you have missed out or spend time to sort them at a later stage.

b) Be inventive and innovative by using up what is in the fridge before it expires. Adopt first in first out and ensure that the earliest item must be at the top so that it is more convenient for others to remove them first.

c) Cook meals in bulk for both lunch and dinner. This is very common in oriental society, where they cook the dishes for both lunch and dinner.

d)  Put in a bag all your vegetable peelings, tea bags, egg shells, egg boxes, toilet roll tubes, banana peel and coffee grounds -- and the compost can be used to fertilize the garden.

e) Invest and keep a compost bin in your house. This  not only allows you to compost your grass clippings and leaves, but at the same time, you can also put in all of your vegetable peelings, tea bags, egg shells, egg boxes, toilet roll tubes, banana peel and coffee grounds to be used as fertilizer in your garden. You will discover that you are able to recover your investment cost on compost bin through saving on your fertilizer cost. 

3. Generate your own Energy

Renewable energy means energy generated from natural sources such as the wind, turbines, the sun, or sea. In tropical areas, we are generally taking advantage of this renewable energy. One good example is letting our washing dry in the sun, rather than in the tumble dryer. Solar panels are commonly used as well.

I have heard rumours that devices such as wind turbines could be viewed as home improvements that increase the value of your home. However, council tax bills increase unfairly as a result, thus making this alternative no longer attractive.

4. Public Transport or Car pooling

Using public transportation is another significant means of saving the environment if it is practicable for you to do so. Alternatively, you may opt for car pooling so as to reduce the traffic and saving the environment. 

So, what are waiting for, try out a few of these tips now and see how much you can save? Please put forward through comments should you have any more ideas. Thank you in advance for your kind participation. 

Dave Reay is a research fellow at Edinburgh University and the editor of
the leading climate change websitehttp://www.ghgonline.org/ . Click HERE to Buy

To learn more about how to save earth through simple actionable steps, please click at the title of this article.

Hope that you not only enjoy reading, but are reaping its benefits too.

James Oh