Malaysia; an introduction to the rising star of Southeast Asia
Malaysia is the rising star of Southeast Asia. In its short 57 years as a country, Malaysia has quickly grown from its former British colonial based structure. No longer regarded as a developing third world country, Malaysia has surpassed its regional developing country neighbors Indonesia, Thailand, Brunei, and expeditiously risen to the status of emerging country (Central Intelligence Agency, 2013). However, Malaysia, its government and people, will not settle for emerging country status. The Government of Malaysia (GOM) has defined a strategy to turn Malaysia into a modern fully developed country by 2020 (Central Intelligence Agency, 2013).
Using the Blue Ocean Strategy business concept of creating uncontested market space, the GOM created the Vision 2020 strategy. To fully appreciate Malaysia, one must understand the Vision 2020 strategy. Specifically, how the unique demographics of the country affect the strategy, how the government is transforming, and how the economy is morphing with regards to public and private sectors. Through understanding Vision 2020, a holistic comprehension of the complex country of Malaysia is developed.
By the year 2020, Malaysia can be a united nation, with a confident Malaysian society, infused by strong moral and ethical values, living in a society that is democratic, liberal and tolerant, caring, economically just and equitable, progressive and prosperous, and in full possession of an economy that is competitive, dynamic, robust, and resilient. (Mohamad, 1991, p. 1)
Malaysia is focused on developing along six dimensions: economic, political, social, spiritual, psychological, and cultural. The Vision 2020 strategy aims to culti...
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One of the most interesting indigenous groups in the world is the Batek of Malaysia, this is a group of people that live in the oldest rain forest of peninsular Malaysia. Orang ASli means “Original people” in the native Malay Language, and they truly are the original people of the land. Being a nomadic group of hunters and gatherers, means that they are at the mercy of the land and the elements for survival. Batek beliefs note that, the rainforest was created by “superhuman” beings for the Batek to use and will destroy the world and everything on it if the Batek were ever to leave the rainforest ( K.M. Endcott 1979a; Lye 2004). The Batek believe that the “superhuman” beings created the forest for the Batek to harvest, build houses in, and provide also to decorations for their ceremonial rituals.
Strategic management is the ongoing process of ensuring a competitively superior fit between the organization and its ever-changing environment (Kreitner, G13). Strategic management serves as the competitive edge for the entire management process. It effectively blends strategic planning, implementation, and control. Organizations that are guided by a coherent strategic framework tend to execute even the smallest details of their mission in a coordinated fashion. The strategic management process includes the formulation of a strategy/strategic plans, implementation of the strategy, and strategic control. A clear statement of the organizational mission serves as the focal point for the entire planning process. People inside and outside the organization are given a general idea of why the organization exists and where it is headed. Working from the mission statement, management formulates the organization's strategy, a general explanation of how the organization's mission is to be accomplished. Then general intentions are translated into more concrete and measurable plans, policies, and budget allocations. Implementation is the most important part of the strategy. Strategic plans must be filtered down to lower levels to be success. Strategic plans can go astray, but a formal control system helps keep strategic plans on track. In the strategic management process general managers who adopt a strategic management perspective appreciate that strategic plans require updating and fine-tuning as conditions change. Given today's competitive pressures, management cannot afford to let strategic plans sit as is. A strategic orientation encourages farsightedness. Sun Microsystems Inc. is one company that developed a strategy to become the competitive leader and become the most reliable in the net business. I will explain how Sun's strategy integrates their marketing, management, technology, and service functions into one effective strategy. First I'll discuss who Sun is and what encouraged them to develop their strategy.
In Malaysia, there are various ethnic groups that make this country their home. Orang Asli community with their heterogenic system of culture contributes to the country’s unique cultural. Their philosophy in life can be seen manifested in their religion, beliefs, cosmology and taboos that dictate their behavior and interaction with man and nature.
Along with the rapid development of economy and society, the companies have to own skills to adapt, cater, and transfer new knowledge, and try to modify their activities to reflect insights. Strategic management evolves
Malaysia is located in the south-eastern Asia, bordering Thailand and northern one-third of the island of Borneo, bordering Indonesia, Brunei, and the South China Sea, south of Vietnam. Due to its locations, it has been colonised since the late 18th centuries by many countries. Since 1965, Malaysia has had one of the best economic records in Asia, with GDP average of 6.5% growth for almost 50 years. The economical development especially boosted during 1981 and 2003 under the governance of Prime Minister Mahathir bin Mohamad. Malaysia succeeded in diversifying its economy from dependence on exports of raw materials to expansion in manufacturing, services, and tourism. Also, the current Prime Minister continues to pursue pro-business policies .
... Despite the negative effects that had brought bad impact to the country, it was also one of the things that have strengthened the country. It has provided an acceleration of development for the country. Conclusions References Works Cited http://prezi.com/ko92evamttlo/colonial-rule-and-impacts-in-sea/ http://www.marxist.com/malaysia-fifty-years-independence-part-one.htm http://answers.yahoo.com/question/index?qid=20120320222600AAYZmN7 http://answers.yahoo.com/question/index?qid=20090908024038AAH5Qw
In Malaysia, the United Malay National Organization (UMNO) became the dominant political force beginning in 1959. UMNO created an agreement with MCA (Malayan Chinese Association) and MIC (Malayan Indian Congress) together they formed the Barisan Nasional (National Front or BN) and since 1974 it has been the senior partner in a governing coalition. Since its formation as an independent state in 1963, Malaysia has never experienced a change in government. UMNO’s positions are attractive because they are important in Malaysia’s political and business life. Because UMNO leader has always served as Malaysia’s de facto prime minister, the party’s internal election is seen as the country’s real election. UMNO’s party apparatus often reflects the state’s apparatus, a fact that makes UMNO’s election even more alike with the country’s election.
It represents a new approach in national development policies and it complements other national policies, such as privatization of basic Malaysia, developed to emphasize the increasing role of the private sector in economic development Malaysia. Approaches is to facilitate the development of nation economy, reduce the financial and administrative burden of government, reduce government intervention in the economy, lowering the level and scope of public expenditure and allow market forces to determine economic activity and improved efficiency and productivity in line with the National Development Policy, with regard to the ownership of wealth, the privatization policy forms part of the Government's strategy to realize the active participation of Bumiputera in corporate sector to correct the imbalances in the participation of the corporate sector. The privatized entity should allocate 30% of its equity to Bumiputera. Participation of foreign nationals in privatized entities are limited to a maximum of 25% of share
Can anyone imagine what will happen to Malaysia after a few more decades? Debt crisis in Malaysia is getting more severe due to lack of management among individuals. Serious debt crisis might lead to bankruptcy to our country. Nation leaders should lead others away from debt. If this scenario continues, Malaysia might follow the footstep of Greece, Spain, Italy, and Portugal. Debt crisis can be avoided by providing trainings and courses to the employees, improve individual personal finance management and filtering candidates in hiring process.
This issue has seriously damaged Malaysia’s image abroad, and the government’s handling of the crisis has garnered criticism from domestic opposition parties and also China. This is because it is nearly two-third of 239 passengers from China who were on the MH370 plane. This incident gave a big impact to their family members. Some of them vent their anger against our country. They showed their angers by labeling our leaders and MAS official as ‘liars’ and ‘murderers’. From this we can understand how this issue has been impacting their family and it is not a simple matter that we can accept. We also need to understand that it is about the life of 239 passengers. They also show their anger and frustration because of lost their love once. Some of them lost their heir, where they lost their family chain.
The relationship and cooperation in handling the issue in Southern Thailand between Malaysia and Thailand government since a long time ago, has become disappointed, frustration and unsatisfied. This is might be best description that has been looked up since the working relations between past Thai governments and their Malaysian counterparts was comes to Southern Thailand (Thanet, 2013). For the Thailand government, cooperation with the Malaysian authorities is really needed while in dealing with the separatist insurgents that often to the slip across the porous border from Thailand. Meanwhile, for the Malaysian side, through the sharing of same ethnicity and Islamic religion in the Southern Thai Muslims, was means that their politicians ought to have a key role to play in understanding and resolving insurgency issues in Southern Thailand. Therefore, it might can be seem in logically think that, without the help by the Malaysian government, the issues that regards to Muslim separatist moments in the Deep South would be difficul...
Jali, N.H.M., M. Redzuan, A.A. Saman, and I.H.M. Rashid. 2010. Malaysian Studies: Nationhood and Citizenship. Petaling Jaya: Prentice Hall.
The key role in solving strategic tasks belongs to strategic planning, which is the process of developing and maintaining strategic balance between organization’s goals and resources in the changing market environment. The purpose of the strategic planning is to determine the most promising fields of activity providing its growth and prosperity. Strategic planning is a component of a broader concept “strategic management”. All four management functions (planning, organizing, leading and controlling), when talking about strategic management include strategic orientation. When viewing strategic planning from the highest level possible within a company, the planning function is the area that stands out as the most important area which involves a great deal of development and focus.
The question is, how can we nurtured and cherished the harmony within diversity? Malaysia have achieve the harmony within diversity because of our own Prime Minister,Datuk Seri Mohd Najib Tun Abdul Razak have point out his ideas to unite all the Malaysian by creating a program which is well-known with the Malaysian,’1 Malaysia’ under the slogan ‘Rakyat Didahulukan,Pencapaian Diutamakan’ which means the people will be the first and achievements will be the priority. This can bring us to the closer scope which is Malaysian have achieve the harmony in their own earth. This way could be a model to another country to follow the idea that united the people in their own country. Secondly,we can nurtured and cherished the diversity with our own effort to maintain and keep the tradition that being brought from our great-granparents so the tradition will not miss the passage of time and the new generation will continue them till the last breath of their life. Last, we all have been well-known with all the media social such as Facebook, twitter, instagram, wechat and so on. We can use all of this media social to connect with all the other
Countries strengths are measure by it politics, economic and social but beside this, environment change is needed in Malaysia for the better of the future development, educate and lead Malaysian to more value with the environment. While government should protecting and preserving the environment.