http://www.tonyfernandesblog.com/main.php?disp=comments en-US http://backend.userland.com/rss 60 Tue, 05 May 2009 10:50:37 +0000 rosdi from Malaysia wrote c911@http://www.tonyfernandesblog.com/ I understand you points Dato' but things are not always as straight forward as that. I am certainly not a businessman, let alone a successful billionaire like you, but in governing a business, bottom line is the only thing that matters, nothing else. Governing a government cannot be measured by one parameter alone, it is a far more delicate process. A government that is too focused on one thing and neglecting other things is a sure way to collapse way sooner rather than later. http://www.tonyfernandesblog.com/main.php/2009/04/25/1malaysia-for-business#c911 Mon, 04 May 2009 13:27:38 +0000 bluebeng from Malaysia wrote c906@http://www.tonyfernandesblog.com/ I really admire your leadership. Straightforward, spontaneous, smart. AirAsia could not get better if not YOUR leadership. I heard MAHB is building a new LCCT especially for AirAsia but I didn't see any work started. Could it impede the AirAsia growth? Are you going to politics? I wish we had someone like you who could take the country to greater heights just as you did making AirAsia the world's best LCC airline. Tiger Airways must ponder how you did that. I wish AirAsia could unite the ASEAN family, bring joy to people, liberate the suffering of the people esp. Myanmar, create opportunities for the people... AirAsia...the legacy continues... http://www.tonyfernandesblog.com/main.php/2009/04/25/1malaysia-for-business#c906 Mon, 04 May 2009 12:02:36 +0000 keith from Netherlands wrote c903@http://www.tonyfernandesblog.com/ Hey, Tony has a blog! Cool! This is a fascinating discussion and one that exemplifies the next step that Malaysia must take if it were to join the ranks of developed nations (by 2020? Is that target date still viable?). This is one of the most important reforms necessary as it is a system that promotes complacency and stifles creativity, entrepreneurship and competition. There is a huge amount of talent and skills in Malaysia but the mindset has to change before these talents and skills can be effectively unleashed, propelling Malaysia into the next league. Creativity, entrepreneurship and competition have to be nurtured, not stifled, to facilitate success. Once this is achieved, I believe that Malaysia will find itself amongst Asia Pacific's major players in no time. The first step, as you say Tony, is to divest government-held enterprises. This may amount to some shock therapy on the short-term (see the lessons of Thatcher's reforms) but the dividends in the medium- to long-term are enormous. The next, and in my opinion, most important step is to implement a system that aims to change the people's mindset. Complacency, waiting for hand-outs and for opportunities to fall into one's lap.... should all be turned into a pro-active, competitive and innovative spirit. This step cannot be achieved overnight but it's pivotal for a successful society. The government has protected its companies as a parent would their children. The children have grown up but are still hanging around the house, 'playing video games'! It's time to get them out and expose them to the world. Only then will they be able to realise their full potential. This will also create a level playing field for all. Best regards, Keith http://www.tonyfernandesblog.com/main.php/2009/04/25/1malaysia-for-business#c903 Sun, 03 May 2009 02:20:09 +0000 Tony Fernandes wrote c901@http://www.tonyfernandesblog.com/ I was not a millionaire when i started and I may not be when I end. Airasia is not about money. We had none when we started but we had a dream . Build a world class company and be a great place to work.<br /> Its not about GLC's . Many compete and do very well. Look at CIMB and MayBank. Both the private and GLC banks compete but the private banks are not held back. They can open anywhere and do the same business as the GLC banks. There is little conflict of interest as Bank Negara does an excellent job.<br /> Also look at telecom industry . MCMC does a petty good job. Celcom competes fairly with other operators and there is lots of competition. We have even partnered with Celcom to create Tunetalk.<br /> Compare those industries with MAS where I still cant get routes and MAB which is a monopoly that has no real regulator to regulate its pricing and hence it charges what it likes .<br /> kind regards<br /> tony Its not about GLC's . Many compete and do very well. Look at CIMB and MayBank. Both the private and GLC banks compete but the private banks are not held back. They can open anywhere and do the same business as the GLC banks. There is little conflict of interest as Bank Negara does an excellent job.
Also look at telecom industry . MCMC does a petty good job. Celcom competes fairly with other operators and there is lots of competition. We have even partnered with Celcom to create Tunetalk.
Compare those industries with MAS where I still cant get routes and MAB which is a monopoly that has no real regulator to regulate its pricing and hence it charges what it likes .
kind regards
tony]]> http://www.tonyfernandesblog.com/main.php/2009/04/25/1malaysia-for-business#c901 Sat, 02 May 2009 21:40:28 +0000 malagata from Malaysia wrote c900@http://www.tonyfernandesblog.com/ GLCs need to ditch their sense of entitlement. Well said. http://www.tonyfernandesblog.com/main.php/2009/04/25/1malaysia-for-business#c900 Sat, 02 May 2009 08:13:50 +0000 fruitcake from Malaysia wrote c899@http://www.tonyfernandesblog.com/ Sometimes you wonder if these GLCs have any clue at all on how to run a business. Look at Celcom. Even with Maxis and DiGi turning up the pressure, all they managed was one dud campaign after another. Perhaps that's why Big G is afraid to expose GLCs to real competition - it would mean sending them out for the slaughter. http://www.tonyfernandesblog.com/main.php/2009/04/25/1malaysia-for-business#c899 Thu, 30 Apr 2009 01:44:59 +0000 ferdinand v zeppelin from Malaysia wrote c898@http://www.tonyfernandesblog.com/ As for your note on GLC's, I'm sure myriads will throw the kitchen sink in support of your notion. To add on, the frustration of most GLC's, the quote from William Pitt says it all "where law ends tyranny begins" Credit where is due, the new PM is certainly making the right steps. The question here will be can these reforms be time intensive or should they be time sensitive? As for liberating talent...John Lennon sung in the song Imagine "Above us only sky"... http://www.tonyfernandesblog.com/main.php/2009/04/25/1malaysia-for-business#c898 Mon, 27 Apr 2009 16:09:17 +0000 malaysian from Malaysia wrote c896@http://www.tonyfernandesblog.com/ Dear Tony, Well written! I especially liked the point about government "facilitating" and not running businesses. I do believe that our Prime Minister is determined to achieve this, and yes, as Malaysians, we should all support him. Take public transportation like buses for instance; if a particular bus terminal invites a certain bus operator/company to start its services for the benefit of the masses, then the licensing government agency should "facilitate" and not hinder the decision of that particular bus terminal. That certain bus operator could well be entrepreneurial in setting new standards of service, which prompted that particular bus terminal to invite it in the first place. There could be many other examples and I do believe that many Malaysians are hungry to achieve for our country, in their own special way, what you have with AirAsia. http://www.tonyfernandesblog.com/main.php/2009/04/25/1malaysia-for-business#c896