LAST ENTRY, I GUESS...

In the name of Allah the Most Gracious and the Most Merciful

Assalamualaikum w.b.t

This week, I come late to the lecture around 15 minutes. I'm fortunate because tagged machine not function that day. Fuhh…That’s time my lecturer gave Myers Briggs Type Indicator (MBTI) Self Worksheet to test our personality.

Myers Briggs Type Indicator (MBTI) Self

 The result for myself is ESFP.

ESFP Criteria

For the lecture today, I learnt two topics that are "Building an Organization Capable of Good Strategy Execution" and "Managing Internal Operations" which is last topic from the book. During the lecture, Miss Ummi show the video about motivation and rewards. For me,it's funny and interesting video.

This week, we do not have tutorial class because we have online forum. We need to share our opinion about motivation and rewards. 

This is my opinion regarding the question.

This post will be the last post for this semester, I guess. This is because this individual assignment of updating blog must be submitted to Miss Ummi by 8^th December 2013.

I hope that my individual assignment meets the criteria of getting good score. As I mention in first entry, I hope I can get A for this subject and passed the examination with flying colors and also can apply what I have learnt in my life. For me, this subject is one of the killer subject. Only leave two weeks the lecture. May Allah ease everything.

Not forget, a big thanks I wish to my beloved lecturers Miss Ummi Salwa Ahmad Bustaman and Madam Siti Nurulhuda Nordin for always doing everything. Both of you were very nice to help me and very patient when I didn't really understand how to make them look right. I hope I have more amazing lecturer like you.

Thanks for reading!

IF I'M ONE OF THE TOP MANAGERS?

In the name of Allah the Most Gracious and the Most Merciful

Assalamualaikum w.b.t....

         As we know, this week there would not be any face-to face-meeting…let lecture and also tutorial class… Yeahhh!!  So I think I do not need to update my blog…but my impression totally  wrong…haha…My lecturer has uploaded lecturer notes for this week “Corporate Culture and Leadership”..So we need to cover this topic and after reading the notes, we should complete the task given-----à updating the blogs and participate in the online forum.. Ok, ENJOY..
  
          In the online forum, we are discusses about how a corporate culture can assist in executing strategies in an organization and If you are one of the top managers, what kind of values that you would like to inculcate in your organization? Why does it so?
      
       This is my opinion regarding these question.

Thanks for reading!

AGE 19, BE 5 TOP THE BILLIONAIRES?

In the name of Allah the Most Gracious and the Most Merciful

Assalamualaikum w.b.t

     As usual the same day, same time, same place, same lecturer, same subject. But the unusual is I did not come the lecture for the first time because …….hehe… (secret). Even I do not come the lecture I know the topic that discussed today is “ Corporate Strategy” . I was informed by my friend that the next week there would not be any face-to-face meeting... Haaishhh..  If the news about no class  spread faster. Hehe..

     During the tutorial class, we have discuss the case study of “Piping hot dogs : a case of Malaysia franchise”. I just know that the best way to cook the hot dogs is grilled. . That’s why when we fried the hot dogs it will be shrink. Madam Huda told that staple food for Malaysians now is Maggi not rice mainly students. There are cases in which a stewardess was found dead in the house without being noticed by anyone. After police made postmortem, there was like a candle in the body. Police investigation revealed that there are many Maggi found in her shelf. Morning, noon, night she ate the Maggi. She told that do not eat frequently.

     In this case, we discuss about demand condition which are involve buyer taste, growth rate and home market. Apart from that, we also discuss factor condition , related and supported industry, firm strategy, and also rivalry. For this company, the make hot dogs so the related and supported industry like cooking oil, potatoes and others. When talk about potatoes, Madam Huda story to us about their experiences eating potatoes. While she was in secondary school, she outing with her friends and they eat at KFC, Johor Baru. When they want to eat potato they meet coackroach wing and leg in the potatoes. After that, they meet the manager and threaten will report in the media. That's time no tribunal for consumer claims. So brave! To cover offenses, the manager offer KFC voucher for six months. So they accept or not the offer??JengJengJeng..................................................................................... They take the voucher but the eat at other KFC Restaurant.

     During this tutorial class I know that's why the tagline, logo, colour is always changing. Actually they wanted people to remember their company. Colour plays important role although sometime it seen trivial. Nearly all fast food restaurants use red and yellow as their core logo colours because this combination stimulates appetite. Why they not use green colour? They have their reason. If you want know the reason you can ask uncle google. Hehe.. I forget the answer. More invest in advertising if the product less known. On op of that, Madam huda encourage us to watch the video "5 top secret, the billionaires". Let me share the synopsis of the video.

      Firstly, what are you doing at his age? Age 16, TOP gained 400,000 Baht monthly from playing online games. Age 17, He was willing to fail school and instead earned money from selling chestnuts for 2,000 baht. Age 18, His family went bankrupt and remained 40 million Baht in debt. Age 19, He released Tao Kae Noi seaweed to more than 3,000 branches at 7-Eleven. At this present, Top is a 26-year-old businessman, the owner of the bestselling seaweed in Thailand. He owns 85 percent of the market share which is equivalent to 800 million Baht a year, and has 2,000 employees in his company. The Billionaire will let you get to know Top Ittipat in details about how he turned himself from an online game addict whom always got disparaged by teachers, to a famous young billionaire. 

How did he raise himself up to this position? Surely, everyone desires to get rich, yet not everyone dares to succeed like him. Find the answers that have made Top become a billionaire, while you still can. Think about it. So for the next week tutorial,we will discuss the case study of UMW Holdings. I think that's all. See you for the next entry.

Thanks for reading!

SHARING MOMENT WITH O-SHIMA JAPANESE RESTAURANT

In the name of Allah the Most  Gracious and the Most Merciful

Assalamualaikum w.b.t

Ya Allah, today I woke up. I am alive. I am healthy. Alhamdulillah.

Tuesday, 12 November 2013.  A special lecture today. Do you know why? Because…… We have a sharing session during the lecture hour with the founder of O-SHIMA JAPANESE RESTAURANT, Madam  Asnidar Hanim Yusuf, the one and only 100% HALAL Japanese Restaurant in Malaysia.

O-SHIMA JAPANESE RESTAURANT

So, how was the sharing session? By the way, let’s me share here, “What have I learned today?”

I have gained many valuable inputs during the session. Before that I want to say that I’m very proud and salute Madam Asnidar because she can run a business even she is engineering student. How engineering student can start-up the restaurant? The key is “always be positive and we need to motivate all the time”.

A challenges and obstacles are common thing that will face an entrepreneur during run a business. A major problem in any business is Human Resources such as difficulty in finding workers, difficulty to find trustworthy workers, difficulty in handle people problem because of different background and so on. 

During run a business, Madam Asnidar face a problem to get Halal Certification from JAKIM. On top of that, she also face a problem of financial. I really like the quotes when she say that "do not do something for money, do for ikhlas for Allah, whatever we do it must be ikhlas for Allah and the money will come later". A person who want be an entrepreneur must have a common strategy to succeed. Apart from that, they must have a good location and increase brand awareness. In addition they need to retain current customer. The important things is have a passion in your own business, don’t just copy.

I really love this quote that she mentioned during the session that “it’s not always bad to fail, the most important thing is how you bounce back after the failure”. Everyone has came across failure not only in business. But remember that FAILURE can MOTIVATE someone to not make the mistake again in the future. So, just be positive and insyallah there will be light at the end of the tunnel.. It’s ok to face failure but how to face and overcome it is more important than just sitting and cry over the failure. Do you agree with me?

As a conclusion, Allah knows your difficulty. You must also know that Allah would never put you in a situation you couldn’t handle it. Allah knows you’re smart enough to think how to improve yourself and make it more better than before except if you give up early, so no one can help you. What the important thing, never think negative and put trust to Allah that Allah will help you in whatever situation.Thanks a lot Madam Asnidar for the sharing valuable inputs.

 Madam  Asnidar Hanim Yusuf

During sharing moments

Focus!!!

 O-SHIMA JAPANESE RESTAURANT menu

Japanese white rice, miso soup, chicken piman (chicken and capsicum stir fry), kani sushi, tanuki udon, kurma, sweet potato tempura (tempura keledek).

Nasi putih Jepun, Miso soup, Oyakodon, Kyushu Ramen, Takoyaki, Kurma.

Nasi putih jepun, miso soup, yakitori, gyouza, hot chicken ramen.

 Nasi Ayam Panggang Teriyaki

Who want to try these food can come to Kiosk B3, Shah Alam Walk , Persiaran Majlis, Shah Alam, Malaysia.

 Thanks for reading!

IS IT ME?

In the name of Allah the Most Gracious and the Most Merciful….

Assalamualaikum w.b.t

Hoorayy! Hooray! Midsem break will arrive this weekend! But...... I’m sad because I lack of my budget so, I cannot return  my sweet home, Terengganu. Two weeks ago, I have just returned my home for Eid Adha. 

So, I decided to spend my holidays in Malacca, my brother home with his daughter. Not forget a lot of assignment will accompany me. Huhu… I need rewrite and update my blog because my lecturer said that half of her students write notes in the blog.  Is it me? ^-^

This week, I learnt about "Strategies For Competing In Internal Market". In this topic, we can know why companies decide to enter foreign markets. There are five major reasons that are to gain access to new customers, to achieve lower costs through economies of scale, experiences, and increased purchasing power, to further exploit its core competencies, to gain access to resources and capabilities located in foreign market and to spread its business risks across a wider market base.

Apart from that, the owners should consider other factor to enter foreign market such as tax rates, inflation rates, different government policies, differences in buyer tastes and preferences and etc. Owners can choose an option for entering and competing in internal markets whether through export strategies, licensing strategies, franchising strategies, foreign subsidiary strategies or alliance and joint venture strategies. In competing internationally, there are three main strategic approaches that are used. First is Multidomestic Strategy- Think Local, Act Local. Second is Global Strategy- Think Global, Act Global and third is Transnational Strategy- Think Global, Act local.

During the tutorial class, we continue discusses the case study of Digital Age: Shall I tag along? We use the method of SWOT and TOWS analysis. After midsemester break, Madam Huda will continue new case study: Piping hot dogs. Actually I absent the tutorial class because my health in not good condition. So I get the information from my friend.

In conclusion, I need to cover the topic that I lag and be more prepared before the class.

Thanks for reading!

WHAT HAS HAPPENED DURING TUTORIAL CLASS?

In the name of Allah the most Gracious and the most Merciful

Assalamualaikum w.b.t ………..

     Last week no lecture because last week is Eid al Adha. So happy because I can gathered together with my beloved family. For this Eid-Adha, I little busy because my family decide to make ceremonies : kenduri tahlil and kenduri aqiqah. Actually I little help work in the kitchen. Not because I’m lazy but I need to be a babysitter. I need to take care around ten of my niece and nephew. After the ceremony, I rushed to bus station because my bus will move around 5.30 p.m. So tired when a bus that promise  arrive at 7.00 p.m. Normal if it is charter bus!

     As usual, this week’s lecture I learnt about "Strengthening A Company’s Competitive Position". In this topic I learnt how to strengthen a company’s competitive position. There are several strategies that can be implemented that are blue ocean strategy, horizontal merger, acquisition strategy, vertical integration, offensive strategy, defensive strategy and outsourcing strategy.

     The case study for this week is  The Digital Age : Shall I tag along? Interesting right the name of case study ? Actually this case written by four writer. Three of them are my lecturer ~ Dr Ummi Salwa Ahmad Bustamam, Madam Siti Nurulhuda Nordin and Mr Mahdhir Abdullah. This case study is about Mr Rahim, the founder of Ambang Mata Sdn Bhd faced a problem with the existence of internet technology and e-marketing in the era of information and communication technology (ICT) offered opportunities and had affected the retailing marketing process and strategy. Nowadays, people are going to reading online. So Mr Rahim facing the problem of getting same par with other company which is has stated doing online publishing.

     During the class, we discussed on two strategies that are Blue Ocean  strategy and the Five Generic Competitive Strategy. A blue-ocean strategy offers growth in revenues and profits by discovering or inventing new industry segments that create altogether new demand. The Porter’s Five forces includes threats o new entrants, bargaining power of buyers, bargaining power of sellers, threats of rival sellers and threat of new substitutes. My friends suggested that Ambang Mata Sdn Bhd should provide reading material that include Braille. Besides that, the Ambang Mata Sdn Bhd should create their own application which can be download by users through Google Play store. Apart from that, the company can put educational games in the tab so that the children can learn from there.

     As a conclusion I need to be more prepare because I don’t want same things occurred. What is it? Let it be a secret..hehe.. When someone angry us, it’s because she love us. Right?  Think positive..Take a good as a guidance and  throw a bad as a border. Reflect yourself. I think that’s all.

Thanks for reading!

TUTORIAL QUESTION : GENERIC STRATEGIES

In the name of Allah the most Gracious and the most Merciful

Assalamualaikum w.b.t ......................

As requested by Miss Ummi to updating blog about Generic Strategic in GOALS, here I prepare my answer.

QUESTIONS :

ANSWERS :

Broad Cost-leadership

Focused Cost Leadership

Broad Differentiation

Focused Differentiaion

Thank you for spending time to read this entry!

HAPPY EID ADHA...

In the name of Allah the most Gracious and the most Merciful

Assalamualaikum w.b.t ………..

So fast time running……..Already 5 weeks be here.. Alhamdulillah, Allah make it easy. Thanks Allah… This weekend, I will go back my sweet home at Terengganu “Bandaraya Warisan Pesisir Air” for Hari Raya Aidiladha a.k.a Hari Raya Haji…

Happy Eid Adha

Yeahh!!… Cannot wait to see my family ! really miss them so much!!  A song of “Balik Kampung” by Sudirman has started playing in my mind!

As usual, this week’s lecture I learnt about "The Five Generic Competitive Strategies :Which One To Employ?" In this topic, there are five generic competitive strategies that are :

Five generic competitive strategies

Actually the large company has their own generic competitive strategies. For example MYDIN, Air Asia, DELL, McDonalds in category of  cost leadership strategy. It because a low-cost provider is in the best position to win the business o price-sensitive buyers, set the floor on market price, and still earn profit.

 After we finished learn this topic, we do some revision. Miss ummi requested us to registered at one website using mobile ( I don’t remember the website). So we need to answer the question that appear in the screen. We need answer to fast and the marks will be given. Unfortunately, my credit was expired. I have chance to registered and answer one question only. When check my credit, one message consume about 40-50 cents (if I not mistaken) Stingy? No..No.. No.. only save my budget….  this month   a lot of money out like water flowing.. Hehe.. I think that’s all for this time. See you again.

Success seems to be connected with action. Sucessful people keep moving. They make mistakes, but they don't quit.

Thanks for reading!

D'MERMAID RESTAURANT

In the name of Allah the most Gracious and the most Merciful

Assalamualaikum w.b.t ……………….

So fast time running……. already one month be here as a third year student.  May Allah ease everything. We plan, Allah also plan and the best planner is Allah. He knows what is the better for his slaves. Thanks Allah.

Thanks Allah

This week I learnt "Evaluating A Company’s Resources, Capabilities, And Competitiveness".  This topic is about how certain strategy works in a company. A different companies have different resources and capabilities in managing their business. A resources and capabilities is the most important thing to determine the company’s performance.

In this chapter, I learnt SWOT analysis. In managing a company, we should know our business strengths, weaknesses, opportunity and threats. TOWS use to evaluate more than that.

SWOT Analysis

During the tutorial class, we need to make a presentation about our restaurant that we want to open. So, my groups decided to open a dining restaurant that sells seafood dishes. Our restaurant’s name D’Mermaid Restaurant.

Muslimah Mermaid 

It’s located at Giant Nilai adjoin Nando’s restaurant. It based on sea concept. We choose this concept because we see Nilai is a busy area. So the customer who want feel relax, can come to our restaurant.      

Sea Concept

Actually we need to consider more factors when open a business. We need to consider not only external factors but also internal factors. After the presentation, Madam Huda make some correction about our presentation. She gives her opinion that seafood dishes no need to make delivery even though nearby area because it taste will be different. Thanks madam for the correction.

In conclusion, I’m really enjoyed learnt this subject for this week with my two beloved lecturer. I think I need to enhance my knowledge. That’s all for this  entry. See you in the next entry.

Thanks for reading!

LEARN HOW TO EVALUATE CASE STUDY

In the name of Allah the Most Gracious and the Most Merciful….

Assalamualaikum w.b.t

Alhamdulillah…. Alhamdulillah… Alhamdulillah Ala Kulli hal…. Thanks Allah for giving me chance to breath in this world.

This week the topic that I learnt is "Evaluating a Company’s External Environment". So in this topic, it more focus about external environment. It’s important to know the factors because it will be easy for company to handle their management, competitors and so on. PESTEL analysis focuses on the six principal components of strategic significance in the macro-environment that are :

PESTEL Analysis

Apart from that, to see how strong are the industry’s competitive forces, we can use tool of the Five Competitive Forces.

The Five Competitive Forces

In the tutorial class, we discussed an article that related with business. After that, we discussed about Robin Hood case. Madam Huda teach us how to answer case study question with easy way. She divides into several categories that are key issues, key decision to be made, analysis, stakeholder, alternatives, implementation plan, decision and criteria.

The next tutorial, madam Huda promise will teach us using SWOT analysis. Actually not easy to be a successful businessman or an entrepreneur but it’s not impossible. Right? Not easy as on television to manage an organization. A manager need to know a lot of knowledge how to manage it. I think that’s all. See you again in the next entry.

Thanks for reading!

INTRODUCTION FOR STRATEGIC MANAGEMENT SUBJECT

In the name of Allah the Most Gracious and the Most Merciful….

Assalamualaikum w.b.t

Alhamdulillah, still life in the earth today. Thanks Allah. But need to manage time properly and efficiently.

The topic that I learnt in the lecture today is "The Nature of Strategic Management" and "The Business Vision and Mission". These topics I can classified as a introduction for this subject. So, no problem to understand these topics today. Alhamdulillah.

Strategic management is the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.  

Usually, Strategic management is used synonymous with the term strategic planning. A Strategic Plan is company’s game plan. It’s results from tough managerial choices among numerous good alternatives, and it signals commitment to specific markets, policies, procedures, and operations. There are three stages of Strategic Management :

 

Stages of Strategic Management

The second topic is about the business vision and mission.

When someone want to run a business, he needs to put a vision and mission of business first. It because it will determine our business in the future and it be a benchmark for an organization. So when we have vision and mission, it will be easy for us to achieve it.

This second week is my first tutorial class. Firstly I want introduce my tutor. Her name is Siti Nurulhuda Nordin. So, we called her madam Huda. I'm proud of her because she has many experience like miss Ummi. In the class, I learnt about Strategic Management. What’s interesting after the class I gain some knowledge. 

Have you been shopping? Almost of you will answer YES right? Where your choose to shopping? TECSO? GIANT? MYDIN? JUSCO? Or others? Now I want talk about strategic management in TESCO. 

TESCO Hypermarket

What do you look first the product at the entrance?  Milo? Maggi? Nescafe? Every month the product at the entrance will be change.

Entrance TESCO

From the picture above, we can see the product be at the entrance is Pampers (if I not mistaken). It’s mean the Pampers company pay high to TESCO.

Arrangement products play an important role

A products on the shelves in the upper and lower pay cheaper than products in the middle. The higher company pay to TESCO, your product will be at strategic place.

TESCO Flyers

The cost of flyers that you get from TESCO actually incurred by owner of product. It requires a large of capital to enter in TESCO hypermarket. That’s why SME product rare in TESCO.

Mydin Mohamed Holdings Bhd

But it differences with MYDIN. What’s the differences? 

Think about it first!

I think that’s  all for this entry. Really enjoy in the class. See you again.

 Thanks for reading!

ICE BREAKING

In the name of Allah the Most Gracious and the Most Merciful….

Assalamualaikum w.b.t

Alhamdulillah, praise to Allah still breathe today. Thanks Allah for giving me a chance to live. Already done register semester 5. Officially be a third year student of Muamalat Administration, USIM.

I spent two months semester break in my beloved village, KL…..Oppss…. don’t misunderstanding ok… Actually KL not stand for Kuala Lumpur but Kampung Losong…hehe  ^_^….. A village with a nice view in Terengganu that famous with keropok lekor.. Along the holiday, I have to be a babysitter. It was so tough since I have to pay my attention and taking care of children with different personalities. It is so tired but I'm actually happy. LOVE BABIES ^^

But the story already past three weeks ago.  Now, I’m come back to USIM campus to continue my study with a new spirit and new determination. Time elapse so fast! There are three more semester to finish my study. I have all feel in my heart.. Feelings of happy, fear, worried, sad…..

The second day of the first week of lectures. Around 7:55 a.m, a young woman and sweet looking stepped lecture halls and stand in front. I think she is my lecturer but she is so young like a student. I believe if she says that she is a senior student. My first impression about her when I saw her for the first time, I think she is coherent and serious person. (Pardon me, I am just being frank). But when she started to talk, my impression was totally wrong. Actually she is friendly, happy go lucky and sporting person, but sometimes she make me scare when she walked around with her cordless mike to her student and asked some questions. The language that she used is easy for me to understand. As usual the first lecture, it just only introductory lecture. In this session, she introduces herself. Her name is Ummi Salwa Ahmad Bustamam and we can called her Miss Ummi. She also talked about our continues assessment.

My Strategic Management lecturer ,Dr. Ummi Salwa
(i got from uncle google) ^-^

Then we were asked by Miss Ummi to play a game. It is called as “Tallest Tower” which we need to make a high tower using a newspaper and we were given around 10 minutes to complete this game. We need to form 10 group. So 1 group have around 12-13 members. It really need cooperation and thinking outside of box . After times out, our group’s members carefully brought the tower to the front but it suddenly collapsed (before checked). Haha ..so ashamed..anyway congratulation to the winner! So, the moral values that we can learnt through this game is we need a STRATEGY before do something to make it SUCCESS!

Apart from that, she requested us to create a blog for this subject. After the lecture we need to write about what we have learn in the lecture. It seems interesting. My friends and I will be a blogger???. Haha! I can’t believe it! Before that, we only a facebooker! But the interesting part is when we need to write the entry in English. I’m weak in English. So, I really HATE it! But when I think about it, it is actually an opportunity for me to improve my language in a fun way. I hope my English would be better from day to day. I hope I can get A for this subject and passed the examination with flying colours.. Aamiin.. The most important thing is I can apply what I have learnt before in my life because this subject actually related to our daily life. I also hope that I can do well in all task given by her. May Allah ease everything. I have been on cloud nine study this subject with you. People said , did not know, then not love. Nice to meet you. Thanks a lot Miss Ummi make me happy in the lecture.

Thanks for reading!