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    6/27/2008

    How can you live without knowing these things?

     

    1. Many years ago, in Scotland, a new game was invented. It was ruled "Gentlemen Only ... Ladies Forbidden" ... and thus the word GOLF entered into the English language. Hot
    2. The first couple to be shown in bed together on prime time TV were Fred and Wilma Flintstone. Left hugRight hug
    3. Everyday more money is printed for Monopoly than US Treasury.
    4. Men can read smaller print better than women can; women can hear better. Don't tell anyone
    5. Coca-cola was originally green. Sick
    6. It is impossible to lick your elbow. Tongue out
    7. The State with the highest percentage of people who walk to work: Alaska Snail
    8. The percentage of Africa that is in wilderness: 28% (now get this ...) The percentage of North America that is wilderness: 38%
    9. The average number of people airborne over the US at any given hour: 61,000 Airplane
    10. The BIllion $$$ dolar problem; When Nasa first started sending up astronauts, they discovered ball point pens would not work in zero gravity. To combat the problem, Nasa scientists spent a decade and $12 billion to develop a pen that writes in zero gravity, upside down, underwater, on almost any surface and at temperatures ranging from below freezing to 300 degree celcius. The Russians used a pencil. Surprised
    8:15:04 PM | Add a comment | Read comments (2) | Permalink | Blog it
    6/12/2008

    Scenario Planning

    Scenario planning or easier term would be forecasting or maybe predicting. Forecasting has been one of the important techniques that we are using everyday without realizing them. For example, we forecast the oil price will be still going up on the next month, there would be heavy rain in this few weeks in the early morning, the people who goes for gambling will predict themselves would win today but it never happen, and etc...
     
    Scenario planning is more of an art than a science but it will prepare your firm (if you are the company's CEO) better if the unthinkable should occur. However, it still would benefits the individual if you able to use them wisely.
     
    Here are some true examples of forecasts that have been made in the computer industry. I picked the computer industry as they are advancing faster in the technology factor.
     
    • 1943: "I think there's a world market for maybe five computers."
    • 1949: "Computers of the future will weigh no more than one and half tons."
    • 1977: "There is no reason why anyone would want to have a computer in their home."
    • 1981: "A memory of 640kb ought to be enough for anyone."

    As you can see, the degree of predictability varies from industry to industry, but in those where fast changing factors such as fashion and technology are crucial to success the period of uncertainty will be longer. Unfortunately, most of the things in our life are involved with fashion and technology. This is where it separates the genius from the others. Agree?

    So, what type of scenario planning or forecasting is in your mind now?

    1:18:54 AM | Add a comment | Permalink | Blog it | Organizations
    6/5/2008

    Fuel Hike !!!

    "Petrol up from RM1.92 to RM2.70 >> 40% increased! Diesel up from RM1.58 to RM2.58 >> 63% increased!"
     
    Malaysia government had annouced fuel hike for all the consumers from yesterday 5pm. It sent chaos to the whole country as everyone was rushing and queueing up at the petrol station. These people should be, I think, at home or restaurants having dinner. By 7pm, all the major roads were empty where all the vehicles were on the roads connecting to the petrol stations. The shopping complex, restaurants, night markets etc were like a "ghost area".
     
    These kind of news really send a knee jerk reaction to the whole country and they are affecting by it badly. Can our Malaysia's economy sustainable? The KLCI reacting with a drop of 37.81pts to 1215.31pts as of now. Furthermore, Goldman Sach commented yesterday, Malaysia's market has gone into uncharted territory and they has downgraded the market here. This is not a good news...
     
    If a person is earning at RM 5,000 per month, I would clasify him, now, as lower class of middle income group. If you want to be at the higher class of middle income group, I would say you need to earn RM 10,000 per month.
     
    This fuel hike surely has it's effect on me too. What would others feeling now?
    1:17:36 PM | Add a comment | Read comments (4) | Permalink | Blog it | News and politics
    6/1/2008

    ~ * v * ~

    Top 5 Business Signs That Make you Think
    1. On a Plumbers truck: "Don't sleep with a drip. Call your plumber."
    2. At a towing company: "We don't charge an arm and a leg, just a toe."
    3. In the front yard of a funeral home: "Drive carefully. We'll wait."
    4. In a veterinarian's waiting room: "Be back in 5 minutes. Sit! Stay!"
    5. On an electrician's truck: "We'll remove your shorts."
    9:10:06 PM | Add a comment | Permalink | Blog it