Phase 01 – When he took over the helm of Selangor, together with his “political minions” he expose plenty of corrupt practices that leads to the massacre of the former Selangor MB on corruptions, the “cow-gate” scandals and water concessionaire lopsided privatization schemes and the sort. Wide exposure from all media. He practically squeeze the juice out of non-performing contracts one being well known as the Talam Scandal. He continues to do so for every possible means his hand can lay upon that also include diligently going after accrued payments from quit rents to property assessment tax. The most remembered of all was his attempt to make Syabas to their knees for providing free supply to a ratio agreed in the agreement. It follows corporate maneuvering of tightening outflow.
Phase 02 – Where normal CEO will start disposing assets to get liquidity and pay off debts, his stingy approach in governing results in the increase of the Selangor coffer par excellent! Everyone is happy including the stakeholders – the people of Selangor. Such is deemed unconventional norm. Most MB will dispose state lands in favor of cash and increased taxes. State lands are assets. They will start making deals – you scratch my back and I scratch yours, it makes people from his party happy and the leftovers are distributed among the less fortunate as he continues to rob from the middle income via increase prices and no freebies. Unfortunately he is too late to do that and make his boss in the party very angry. States unlike company is supposed to be Non-profitable and charitable, Khalid makes it a profitable venture. Because of Khalid’s failure to do what is expected out of him from his own party, in the pretext of Kajang Move to allow his party’s boss to have a locus-standi in the State assembly, the following steps are the clear sign the he is no longer welcome not by the people but by his party.
Phase 03 – He moves hyper speed into last phase of reaping the State apart for his own political salvation. Among others are the water restructuring agreement, approving the construction of the highways and most notoriously, awarding state projects to the developer of his choice. Under the pretext of potentially CBT, his party moves in to destroy him once and for all. The most interesting point is he manages to get the support of the Sultan who is the pillar of the people – stakeholders. We are exactly at this juncture now.
Truly he was a corporate figure and his strategic maneuvering is par excellent and compared to Anwar Ibrahim who repeatedly dishing out empty promises proves one thing – Rafizi is very much a novice!
The unfortunate event of MAS Airline Company with the missing MH307 and the mishap of MH17 has made the company broken beyond repair. It is already making huge losses prior to these 2 unfortunate events. Like most of the GLC companies, unlike our neighboring SIA and our homegrown AirAsia are reaping huge profits, such heavy losses occurred under the purview of the largest shareholder – the sovereign fund of Khazanah. The question is what make 100% ownership by Khazanah would make any different? Well, they may probably rope in a new CEO and this is what he may do taking reference to what a situation may have been in private entity.
The Observation phase (the 1st Four months) – He will give a throughout analysis of the situation and establish himself as the knight on silver armor. Salvage whatever salvageable. Identifying what are the assets and liabilities. Rock the establishment to the core shaking up status quo, placing the previous management on the chopping block under CBT. He will suddenly stop payment to all non-productive supplies that the earlier management has entered upon. Renovate his new office and bought himself a new car under company expanses. Recruit his panel of Yes-man and he will continue to strive the value of its share further downward so that it reaches the ocean floor. On top of such, he will buy these shares in an under value state with bank facilities and he sits in his make-shift office, usually a 5 stars hotel lobby and start dishing out statements of how he is going to make a comeback to the media. Follow-up by luncheons and dinners with bankers, lobbyist, political agents and proxies, striking deals after deals to strategize short and midterms plan to dissect the valuable leftovers, pawn the liabilities, camouflage its commitments and so forth. The immediate goal is to make the company off from the red.
The Execution phase (the 2nd Four months) – He will disposes some and if not all the valuable assets the company has to 3rd party (could also be his benefactors) and reported to the shareholders as debt management. He will also enter into rearrangement with bankers with these potential sales for more bridging facilities that can bring him through over his tenure as the CEO. Such deal makings may and may not materialize in kick-backs and so forth. He may also renegotiate terms with the existing suppliers, who are by such time may have to resort to legal recourse, with a win-win situation including bringing in his preferred suppliers, swapping contracts. He will undoubtedly recruit new talents, motivate existing work force, draw up a new plans that cover every aspect of the company as his mission and vision statement. Continue to be the media darlings so that his effort not only being implemented but seen to be implemented with new ventures steam rolling out from the company. Such selling of assets is rated the most effective means to bring the company back to the blue and the question is how many assets can one disposed?
The Evaluation phase (the 3rd Four months) – It is time to reap his benefits. As the value of shares rose up from the abyss, he is in the position to demand more and he will pocket a chunk of huge bonuses from the shareholders. He and his merry men are ready to “rape” the company so that by the time he is no longer needed, everything will fall back to where he begins with. He will release his shares at market price progressively. All the sudden deals are cut short or rather didn’t materialize, assets are bought back at exorbitant price and the outflows such as debt repayment start to escalate. That is a good portrayal of what is happening in most distress companies run by professional CEOs.
The same can be applied anywhere else from running an architectural practice to running a country (with a longer period of 5 years). Such paradigm is not new and it is reflected in Chinese Metaphysics for century, a topic I shall discuss some other times.
What is IDEATION? Wiki defines Ideation is the creative process of generating, developing, and communicating new ideas, where an idea is understood as a basic element of thought that can be either visual, concrete, or abstract. Ideation comprises all stages of a thought cycle, from innovation, to development, to actualization. As such, it is an essential part of the design process, both in education and practice.
In short IDEATION is a model of production, where production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output).
When we look at IDEATION as a MODEL, It has to make up of 3 entities, resembles of an act would be the Actor, the Play and the Stage.
The Actor would probably be a living person. He must have some intention either to create or to produce. To do so, he must learn the art and the law of creation or production. This is known as the “know how” or the PLAY. He must also find a platform to do so such is called a STAGE. Like a builder must find an Architect for his IDEA to build and a SITE for the building to sit on. Like an artist, he must have a canvas to draw.
The product of an act by the actor is call the PRODUCT. It can be a built form or just as an idea. Such product will again be a subject for another ideation. This is summarized as intention – implementation – product, the 3 aspects of IDEATION.
Now we investigate a little deeper – the Actor. We are all the actor. The self is the actor. Jung described the self as Noia, Para Noia and End Noia. Noia is defined as the self with an undifferentiated ego. Enlightenment is the best way to prescribed Noia. Paranoia or paranoid is a state where there is a differentiation between the self and its ego. The normal person would like to project himself as someone with an identity such as male/female, race, religions, rich/poor, weak/strong and so forth. These are paranoid mentalities. End noia is a total displacement of the self and the ego. Crazy may be a better choice of word. To understand the actor we must know who we are and what are the product we create for? This is the first principle as a designer or an actor.
For a paranoid self, we are GOD fearful. We are afraid to commit SIN. This draw a form of self-censorship we call conscience. We acknowledge there are ALMIGHTY living somewhere in Heaven above. His law is our code of morality inscribed in our conscience that defines our intention which ultimately translate into our action. It is very subjective no doubt, but such action required it to be executed none other than on a specific place, called the stage. As above, so below and Heaven bestowed upon us Earth as out stage. Classical man called this Heaven Man Earth – Trinity. Modern man call this Opportunity – Timing and Action.
All things are but a product of IDEATION.