17 July 2007

BOS

When I first talked to my wife about this sometime last year, she asked me: Apa ini Blue Ocean-Red Ocean?? Want go swimming ar? I did explained to her about how a company can create new markets by avoiding the competitors' markets etc etc, but in a MCC face she asked: How ah? u means we have to swim in the blue ocean a? Adoii! I'm not a good lecturer lar!!.....wait....wait, she got a point! Swiming in the BLUE OCEAN instead of the RED OCEAN!!
Anyway, I will not give up until my student understand. Here you go, my dear.

What is BOS?

BLUE Ocean Strategy (BOS) provides a systematic approach to making the competition in business irrelevant.

The aim of BOS is not to outperform the competition in the existing industry, but to create new market space or a Blue Ocean, thereby reducing competition.

There are several key points of BOS:

  • BOS is the result of a decade-long study of 150 strategic moves spanning more than 30 industries over 100 years (1880-2000).

  • It is the simultaneous pursuit of differentiation and low cost.

  • The strategy offers a set of methodologies and tools to create new market space.

  • It also offers a systematic and reproducible methodologies and processes in pursuit of innovation by both new and existing firms.

  • BOS frameworks and tools include strategy canvas, value curve, four actions framework, six paths, buyer experience cycle, buyer utility map, and blue ocean idea index.

    These frameworks and tools are designed to be visual in order to not only effectively build the collective wisdom of the company but also to effectively execute through easy communication.

  • BOS covers strategy formulation and execution. The three key conceptual building blocks of BOS are value innovation, tipping point leadership and fair process.

    How does Blue Ocean strategy fundamentally differ from Red Ocean strategy?

    In simple terms, Red Ocean strategy is about how to out-pace rivals in existing market space; it is a market-competing strategy.

    In contrast, Blue Ocean strategy is about how to get out of established market boundaries to leave the competition behind; it is a market-creating strategy.

  • Source: The Star, Extracted from the Internet on BOS

  • The Star today carried a few articles on BOS here, here and here.

    16 July 2007

    For Tomorrow's Leaders

    I read this book last year and it's so easy to grasp and apply. For you my dear brother and sister a.k.a Tomorrow's Leaders, this book is a MUST for you! (there is a Chinese version which can be found in MCMC's library.)

    Below is the summary of what the book is all about:

    to Tomorrow’s Leaders

    Five characteristics mark the man or woman who will shape the future.

    Courage

    Clarity

    Competence

    Coachability

    Character

    Drawing on two decades of experience mentoring a rising generation, seasoned visionary Andy Stanley shows how to:

    Discover and play to your strengths

    Harness your fears

    Leverage uncertainty

    Enlist a leadership coach

    Maintain moral authority

    “Capable men and women will eventually catch, pass, and replace the current generation of leaders,” says Stanley . “Embracing these essentials, you will not only excel in your personal leadership, but also ensure a no-regrets experience for those who choose to follow you.”

    “ Andy Stanley ’s The Next Generation Leader will equip the messengers to stand a little taller with a vision of hope and promise as they engraft these timeless principles into their daily lives.”

    —Dan T. Cathy, president and CEO, Chick-Fil-A Corporation (source:http://www.amazon.com/Next-Generation-Leader-Essentials-Future
    /dp/1590525396/ref=sr_1_12/102-5084003-2455335?ie=UTF8&s=books&qid=1184558885&sr=1-12)

    Leadership



    “决策时刻”一本作为领袖必读的书。纽约前市长朱利安尼告诉你作为领导者所必需有的条件--荣耀与责任、坦率与勇气。就好像下面书评所描写的。

    In Leadership, Giuliani illustrates his leadership principles and strategies with stories from his long history as a leader, before and after Sept. 11, and describes the results that great leadership can attain. One statistic that points to his effectiveness as a leader is the 67 percent reduction of murders in New York City during his tenure as mayor.

    Along with describing how he was inspired by the people he admires, and the importance of balanced thinking and personal experience when dealing with problems, Giuliani also explains the sources of the ideas, strength, energy and courage that helped him lead the city through Sept. 11. Although Leadership begins with a complete description of the tragic events of that day, and ends with a description of the ways he helped the city to recover from the terrorist attacks, the bulk of the book focuses on the skills that allowed the mayor to lead New York City to an amazing recovery from a history of crime, economic blight and fiscal troubles.

    Leadership tackles many ideas about teamwork, ethics, accountability and honest communications. Giuliani's book is filled with colorful anecdotes and true-life experiences that illustrate how these attributes work in times of crisis and change. This book provides compelling insight into the inner thoughts and drives of effective leaders who have had a tremendous impact on others. (2003 Soundview Executive Book Summaries)

    9 July 2007

    Birthday Wishes from Friends&Family!

    On 3 of July, my CG-Menzone gave me a "Steamboat" style birthday party somewhere at Prima Setapak. The Foods are good, the cake is delicious, the song is nice and on top of that the love and kindness was very very the warm o! Thanks guys! for your generosity and love! May the Good Lord continue to bless you abundantly.


    p/s: on that night, my students also celebrated one of their course mate's birthday, when I looked at the next table, aiyo, he only have 2 candles. And I have 11 candles!! Aiyoyo, old already leh! how?




    7 July 2007

    Your Best Life Now

    Your Best Life Now: 7 Steps to Living at Your Full Potential
    by Joel Osteen (Author)

    有一个书评这样写到:The good news contained in Your Best Life Now is that your dreams, goals, and aspirations do not have to stay on "tomorrow's to do list," rather, through applying seven steps you can begin to live at your full potential.

    这本书有华文版,是给那些要发挥他们生命的潜能的人写的。

    潜能potential:支配的潜力,储备的力量,还没有被发掘的能力,隐藏的天分,还没有表露的成功。就是你可以做到但还没有做到的事情,你可以使用但还没有用到的能力,你可以完成但还没有完成的工作或人生目标。

    人生中最大的悲哀就是看到潜能还没有被发掘就消失死去。但比这个更悲哀的是看到你生命中的潜能但没有被释放出来。就是你知道你有这样的能力,你有这些潜能,但你没有好好的发掘使用它,来祝福你身边的人,来完成神要在这个人生的旅程中的目标和目的。

    大部分的人会选择过一种满足于现况的生活,大部分的人会在没有活出他最大的潜能之前就离开这个世界。朋友们,只有少部分的人会在他的生命中找到他生命的目的;并且做出一个有素质的决定去发掘出他内在的潜能而去完成他的使命!

    ~~~~~~~~~~~~~

    Btw, today is 07.07.07!

    7 is a perfect number, God rested on the 7th day (sabbath) of Creation, Jesus told Peter to forgive 70 x 7 times! And 777 = Jehovah (Yahweh) and we have 7 habits of highly effective people and this book above: 7 steps....

    Seven indeed is a perfect number.....and the Live Earth singers are singing right now to safe the planet and Ntv7 said it's a Feel7time Good Year!

    I pray that you have a good second half of the year ahead!!

    6 July 2007

    Thank you very much!


    Today marked the 4th day of Joyce suffering from HFMD, and her condition is stable with mild fever and the complication did not happen.

    We really want to say THANK YOU! for your concern and prayer supports. Your emails, sms(s), calls and all the encouraging words we received indeed help us a lot in facing this great challenge!

    I believe with your continue prayer support, Joyce will recover soon and going up and down again as she always do. Thank you, and God Bless you and yours!!


    THANK YOU! UNCLE, AUNTIE, KOKO, JIEJIE! GBU!

    5 July 2007

    Great Test II --We need your prayer support

    After Matthew, it's now Joyce who is infected with HFM Disease (HFMD). According to the doctor, the risk to get complicated is higher the younger the child is. Joyce is 21 months++ old(young).

    Siew Lee is taking 3 days off to take care of her.

    We appreciate your prayer support very much...:-)

    28 June 2007

    Expect MORE and CHEAPER cars from Thailand(?)

    With Malaysia abolishing the AP system imposed on AFTA cars, Thai Cabinet have decided to reduced the import duty on Malaysian cars to 0 - 5%.

    So, it's a win-win games for both country...

    more details here and here

    but for our 22 years old baby, it's still a losing game for them, haiz... proton oh proton!

    MCMC 's Dance Team on YouTube!