1 / 33

ICAI Dubai Chapter

Annual Conference Topic Turning Crises into Opportunities - Some Productive Lessons ICAI Dubai Chapter Presentation by Prof. Dr. Khawaja Amjad Saeed

JasminFlorian
Download Presentation

ICAI Dubai Chapter

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Annual Conference Topic Turning Crises into Opportunities - Some Productive Lessons ICAI Dubai Chapter Presentation by Prof. Dr. Khawaja Amjad Saeed *Principal, Hailey College of Banking & Finance, University of the Punjab, Lahore Pakistan, Email: kamjadsaeed@yahoo.com – Website: www.kamjadsaeed.edu.pk Mob: 03334363363 Member Governing Council, International Federation of Accountants (IFAC) (1997-2000), President, South Asian Federation of Accountants (SAFA) (1997), President, Institute of Cost and Management Accountants of Pakistan (1997-2000), President, Association of Management Development Institutions of South Asia (AMDISA) (1993-96), Pro Vice-Chancellor University of the Punjab, Lahore (1994-1996), Founder Director, Institute of Business Administration (IBA), University of the Punjab, Lahore (1973-1996). Event Venue & Date Crowne Plaza Hotel, Date June 20, 2008

  2. WELCOME TO OUR PROGRAM TURNING CRISES INTO OPPORTUNITIES - Some Productive Lessons PRESENTATION FRAME Concept & Related Aspects 1 2 Regions, Continents & Countries 3 Product Focus Beyond Crisis Turning into Opportunity 4

  3. 1: CONCEPT & RELATED ASPECTS • Concepts • SWOT • Approaches • Strategies of “Turned on Organizations” • Turned on Organizations • Change • Change as a Crisis

  4. 1: CONCEPT & RELATED ASPECTS • 1. CONCEPT • - Greek • - Chinese= Danger + Opportunity • - Dictionary • - Crisis: • “Turning point of a disease when an important change takes place, indicating either recovery or death”. • - Opportunity: • “A favorable time or set of circumstances for doing something”.

  5. 1: CONCEPT & RELATED ASPECTS • 2. SWOT • - SW • - Internal • - Present • -OT • - External • - Futuristic

  6. 1: CONCEPT & RELATED ASPECTS • 3. APPROACHES • - A: Thrust • - Incremental • - Continuous improvements • - Break through • -B: Thinking • - Business as usual • - Innovation • - Out of Box Thinking

  7. 1: CONCEPT & RELATED ASPECTS • 4. STRATEGIES OF TURNED ON ORGANIZATIONS • Enthusiastic • Costumers • Financial • Perform- • ance • Inspired • People

  8. 1: CONCEPT & RELATED ASPECTS • TURNED ON ORGANIZATIONS • Build a strong foundation. • Make every customer feel special. • Have the courage to set bold goals. • Simplify, simplify, simplify. • Make technology your servant. • Measure well and act fast. • Unleash the power of people. • Lead with care.

  9. 1: CONCEPT & RELATED ASPECTS • 6. CHANGE • Machiavelli, The Prince • “It must be considered that there is nothing more difficult to carry out, nor more doubtful of success, nor more dangerous to handle than to initiate a new order of thing” • 7. CHANGE AS A CRISIS • “When confronted with a crisis you need to recognize both the danger and the opportunity. • - Often the danger is more readily seen and the opportunity can be well hidden. • - Be sure to look for the opportunity as well as the danger” Source: Extracted from: Internet: http:www.lessons4living.com/crisis.html

  10. 2: REGIONS, CONTINENTS & COUNTRIES • SAARC • Latin America • Canada • Asia • Japan • Malaysia • Singapore • European Union • Australia

  11. 2: REGIONS, CONTINENTS & COUNTRIES • 1. SAARC • As number “one” • All civilizations • English Speaking the largest region • Irrigated area as number one • Railways as number two • Exports • 1.30% of world exports • Challenges to be met

  12. 2: REGIONS, CONTINENTS & COUNTRIES • INDIA • Rising as an economic giant • World Cup-Cricket 1983 • Kapil Dev------Zimbawe • South---North • BPO • KPO • EPO • Exports • 1961 $1b • 2008 $ 130b • Target $160b

  13. 2: REGIONS, CONTINENTS & COUNTRIES • Rural Unemployment • Guaranteed • Maharastra • Kerala • 100 % Literacy • Through community

  14. 2: REGIONS, CONTINENTS & COUNTRIES • BANGLADESH • “New York” Café • Gameen Bank • Dr. Younus • Poverty • Females Focus • Shelter Policy • Projects-Self Emanating • From “Jute” to Garments” • Niche • Females • Share in the world

  15. 2: REGIONS, CONTINENTS & COUNTRIES • PAKISTAN • Agha Khan Rural Support • Rise of Micro Credit • “Well Being”

  16. 2: REGIONS, CONTINENTS & COUNTRIES • BHUTAN • Rise of democracy • Population: Less than one million • Happy life index number: one • NEPAL • End of Monarchy • World Peaks-8 • Water: Hydel Power • MALDIVES • 1200 islands • 199 inhibited • Tourism-Niche

  17. 2: REGIONS, CONTINENTS & COUNTRIES • SRI LANKA • Literacy • Shelter Policy • EPZs • Rural • Focus • “Pearl”

  18. 2: REGIONS, CONTINENTS & COUNTRIES • 2. LATIN AMERICA • - MEXICO • Food • NAFTA • Crisis --- USA role • $ 42b • - CHILLE • Geography • “Fish” as niche

  19. 2: REGIONS, CONTINENTS & COUNTRIES • 3. CANADA • Economy rise • Canadian Dollar • Oil-Sand • Female engineer • Separated it • Alberta • Migration • Wage increase • Economic boom

  20. 2: REGIONS, CONTINENTS & COUNTRIES • 4. CHINA • Long March: Cultural Revolution • Indigenous Technology • “Health” Stomach • Hot Water • - Mao’s death • 3 minutes silence • Turn “Grief” into “Power” • Third Rank in Global Exports

  21. 2: REGIONS, CONTINENTS & COUNTRIES • 5. JAPAN • From “Zero” to “Hero” • Exports • 3rd rank for over 2 decades • Now 4th rank • Three stage slogan • Country first • Company no: 2 • Myself no: 3 • - Thai bank • Employed non-banker • Only knew “checking account” • Retail banking • Strategy: “win Customers”

  22. 2: REGIONS, CONTINENTS & COUNTRIES • 6. MALAYSIA • Foreign Currency crisis of 1997-98 • Challenge met • Good-bye floating exchange regime • Review of development projects • Baitual mal • FDI • Manufacturing share in exports • Focus “Rice” in one island

  23. 2: REGIONS, CONTINENTS & COUNTRIES • 7. SINGAPORE • From boat county to economic tiger • Lee Kwon Yaee • Population: 4 million • Exports • Niche: Higher Education • NUS-No. 1 • NTU-No. 2 • New Initiative • - Management Sciences University • - Open for 40 years & above

  24. 2: REGIONS, CONTINENTS & COUNTRIES • 8. EUROPEAN UNION • Konrad Adenauer • German Chancellor • Invited by W. Churchill December 1951 • First Chancellor German invited • Annual Adenauer lecture at European Studies Centre at St. Antony’s College, Oxford • New beginning in relations between UK & Europe • Niche: Higher Education • Binding force “A community of Western Christian Culture and Tradition” • Political Forces: Europe-More advanced economically and socially: Personal Prosperity - Freedom • Rise of “Euro”

  25. 2: REGIONS, CONTINENTS & COUNTRIES • 9. AUSTRALIA: March 02, 2006 • Unknown • Known through • Cricket • Hokey • Other Games • Water Reform to secure future supplies • Harvesting the rain water • Store it • Conservation • Agriculture Drip Concept

  26. 2: REGIONS, CONTINENTS & COUNTRIES • The largest natural resource base and a highly educated and skilled work force • 9/11 openings in education

  27. 2: REGIONS, CONTINENTS & COUNTRIES • 10. EGYPT • - 1967 war • - 1973 • - Retuned the shot • - Water gun • - Anwarus Saadat Biography • - 1973 attack preparation • - Penetration into Sanyai

  28. 3: PRODUCT FOCUS • Cricket • Oil • Scandinavian Airlines • Banking • Insurance

  29. 3: PRODUCT FOCUS • CRICKET • - Rise of India • - Young Team • - Leadership • SAARC one day Cricket up June 15, 2008 • Younis Khan • - First match: zero • - Second match: zero • - Third match: 108 in 99 balls

  30. 3: PRODUCT FOCUS • 2. OIL • 1973, 1979 and current • Solar Energy • Alternates • Wind • - Germany 12,000mw • - Coastal areas of Balochistan • Others • Conservation • Phillps • - Energy savers • - Longer life

  31. 3: PRODUCT FOCUS • 3. SCANDINAVIAN AIRLINES • - In Trouble • - Crisis Turned into opportunity • - CEO Changed • - Strategy developed • - Punctuality as No. 1 • - European Airline as No. 1 • - Income doubled • - Earlier Loss • - Latest big profit • - Image developed

  32. 3: PRODUCT FOCUS • 4. MCB BANK • - CBA role redefined • - Focus on NPLs • - Leadership-a plus factor • 5. INSURANCE • - Conventional • - Takaful • - Density

  33. 4: BEYOND CRISIS TURNING INTO OPPORTUNITY • Risk • RMMM • Mitigation • Monitoring • Management ASK ANY QUESTIONS THANK YOU FOR ATTENTIVE LISTENING

More Related