Saturday, 31 March 2018

MY FIRST INTERNATIONAL EXPERIENCE

Dear Families, Friends, Followers and Fans,

Hope everyone is keeping well.

My first international exposure and experience; i.e. my financial program with Kaplan concluded yesterday in Singapore with a promise of more great things to come. This is another great milestone for me after I embarked on Crossing Borders recently. I must confess to acknowledge that this effective achievement as this program was created from scratch entirely using “Inside out “approach in line with the natural law.



I would like to thank my mentors, Gerry Robert, KC See, Madam Poh Yew for their teachings and guidance in making me an international trainer/speaker. For those who know me long, I have been struggling since childhood to be a better person. My inner voice is overwhelming and I have no choice to resign my job overseas and take the courage to be a speaker or trainer as what I destined to be. Fortunately for me to have so many past and present great TEACHERS like them around me. My mission is to reach out to larger magnitude and groom them to be what they are destined to be.



I don't mind to be transparent with you that I wanted to leave my footprint in more hearts, just like many great teachers did. I am dedicated to serve people wholeheartedly and will soar above the storm just like an eagle so that I can achieve sustainable value creation for the rest of my life. I say this not to impress anyone but to impress upon you that YOU too can do it, if you choose to be what you destined to be. I didn't have much other than my persistence, passion and mission, so can YOU. Craft your own personalised path for your own benefits.




Thursday, 25 May 2017

3 DAYS COURSE OUTLINE - LEAN FINANCE

LEAN FINANCE - ENHANCE YOUR FINANCE INTELLIGENCE SKILL AND CAPABILITIES                                                                   

SYNOPSIS

Bring your finance function to the next level of success with lean Finance! Discover how you can provide management with daily performance information needed to support continuous improvement to your organization’s practices and processes. By applying Lean principles, you can provide real-time quantitative insights to the performance of business processes, thus enabling management to take corrective actions and be in control of the processes.

With this, you can reap the benefits that lean finance generates in the form of better quality, shorter lead times as well as the added capabilities gained from personnel, equipment and space.

TRAINING OBJECTIVES:

This programme seeks to enable you to:
  Understand how Lean Finance will lay a Foundation for Success
  Understand the Critical Roles of the Finance Function
  Provide highly competitive competence in your performance,  
 Apply the tools and techniques to provide real time quantitative insight into performance of processes,
  Understand the unprecedented pressure to eliminate waste, boost efficiency and freeing up capacity,
  Eliminating non-value added activities and freeing resources to accelerate lean journey,
  Cultivate a mind-set of continuous improvement
  Do it right the first time and every time
  Use metric to shape behaviour
  Make real improvement by aligning operations to value stream 

COURSE OUTLINE
Day I
Icebreaker

MODULE: 1

Lean Principles and Practices
What are lean principles and practices?

How do they work?

Direct, drive and deliver Value creation through 5Rs

What are 5Rs?
How those 5Rs being employed through Lean Implementation?

MODULE: 2
Financial, Non- Financial Ratios and Lean Performance Indicators

Back to Basics

Why numbers are important?
Numbers are the language of Business Improvement
How to read the story beyond the numbers?
What are the lagging and leading indicators?

Value Stream Concept, approach and uses

What are the “Plain English” Statements?
Metric measurements, how to develop and use them?

MODULE: 3
Holistic Approach
What are the 6Ps?
How to unleash your potentials?
Cause and consequence
How to effectively transformation from Tradition to LEAN?
How to Learn and Grow?

Day II

MODULE: 4
Lean Accounting, Qualitative Aspects and Essential Skill

What is Lean Accounting?
Quality aspects in term of needs, gaps and culture; how to assess
Shape team purpose and productivity; how to
Adopt best practices

Metric measurements shape behaviour: how to

How to apply new strategic tools to create value for the company by looking beyond financial statements
How to effectively employ the new strategic tools and technique? 
Sum up / Q & A / Discussion


MODULE: 5

Qualitative aspects

The following issues will be covered:-
a.     Integrity
b.     Lean thinking
c.     In pursuit of perfection
d.     Culture of empowerment
e.     Conscious to unconscious competencies
f.      Dynamic, enthusiastic, energetic
g.     Innovative, multi- dimensional perspectives
h.     Culture of empowerment

MODULE: 6

Big picture of the organization Success

Use key performance indicators aligned to value creation; how to
Different perspectives and definitions:-
a.     Business acumen,
b.     Enhance Shareholders’ value,
c.     Understand their role in the big picture
d.     In pursuit of Perfection (concept and uses)

End of Day II

Day III

MODULE: 7

Economic and Business Outlook

What need to be done in this Uncertain, Volatile, Complex and Ambiguous World;
Change is certain & how to embrace change mind-set? Discussion
Why and how to focus on new opportunities & priorities
Adopting growth mindset
How to learn, Unlearn and relearn

MODULE: 8

Focus Area, Key opportunities and Priorities
What are the key challenges and opportunities
Mastery, departure and making transformation
Redefine your destination
Lean is a journey per se
How to bring those lessons to your organisation
Lean driver

MODULE: 9

A Plan to Take Home
This session will challenge the participants to think about roadblocks and pitfalls to Lean implementation

Sum Up/ Q & A

Key take-back messages


END OF DAY 3

Monday, 22 May 2017

TO HAVE CLARITY IN MIND

HOW TO HAVE CLARITY IN MIND?

PLEASE LIST DOWN THE COLUMN PROVIDED BELOW.

Sunday, 23 April 2017

JAMES OH'S PROFILE AS AT APR 2017

JAMES OH
Chartered Accountant (registered with Malaysia Institute of Accountants), MIPA AFA, BA (Accountancy) 
LLB - London of University (UK)
Certified Professional Trainer with IPMA (UK), PSMB Certified Trainer 
Competent Communicator with Toastmaster International.

James Oh comes to you as a financial, wealth and mindset specialist. He is an avid thinker, mind-explorer, leader and intensive researcher with more than 30 years of professional working experience in various industries such as trading, construction, aviation, movies investment and distribution. He is richly exposed to both local and international business, particularly in negotiating with the world leading aviation financiers, insurance and reinsurance brokers. 

In the course of his practice, James had held senior specialist, supervisory, managerial and leadership positions by providing success oriented strategic and operational plans to nurture the companies that he had served. His track record includes nurturing a growing company with its founder and got the company listed on the stock market. He also turned the company around when it was badly hit by the Asian Financial Crisis in 1996-1997.

James has been featured in numerous media several times. The media include top investment magazine i.e. Smart Investor Magazine, Financial First, Money Compass, FlyMe360, Property Insight, Corporate Voice Journal (MAICSA), Malaysian Institute of Insurance, Journal of Wealth Planning and Management and.  As a writer and researcher, he has also published eight books, specializes in value creation and sold his books internationally through Amazon.com, Smashwords, and Lulu.com. 

Aside from his substantial work experience, he was also an Associate Trainer with Kaplan Institute, Singapore conducting trainings and talks on finance, business, value creating and lean finance management.


James is a leading authority in the area of business strategy, sustainable growth and innovation.

Tuesday, 18 April 2017

WHY GAMES IN OUR WORKSHOP

Why we use games in the workshop?

Games are used In Workshops as they are powerful, engaging and entertaining tools for participants to learn the concepts or principles as they creep into the games. They also can be used to stimulate thinking and teach a variety of skills and concepts–even if the game players may not realize it at the time.

During the workshop, participants played a variety of games that ranged from warm-up exercises and ice-breakers to longer interactions that taught in-depth concepts. These games required them to communicate effectively in verbal and nonverbal ways, collaborate with one another in teams to achieve desired results, collectively and individually create new concepts, and adapt quickly to change.


The workshop also provided opportunities for participants to debrief as a group and connect the activities to the learning outcomes. Debriefing these activities is of particular importance, as this is when the main learning occurs. It also enables participants to reference their past experiences and connect them to the activities as well as the course materials.

Sunday, 16 April 2017

TOP 10 SOLID BENEFITS OF APPLYING LEAN FINANCE

Top 10 BENEFITS of applying LEAN FINANCE* in your business..

1.    Transform your Financial team to be your strategic business partner by providing real time quantitative insight to shape/ navigate your organization accordingly.

2.    Financial Team in reviewing processes across departments can help reduce waste in the form of over processing, inaccurate and meaningless reports that few can understand or utilize.

3.    Finance function will be integrated with the entire management system ,thus allowing better perspectives  leading to ,more accurate action

4.    Duplicate activities are eliminated and freed capacity can work towards establishing agreed targets for the whole organization by using next Value Stream Mapping tools. Hence, real improvement is achieved by aligning operations to value stream.

5.    Standard plain financial statement in metric form can help everyone be on the same page. Conventional financial statements are complex, difficult to understand.

6.    This holistic approach will nurture  appropriate culture and mindset  and ultimately encourage the pursuit of  perfection

7.    Invisible processes and system will be made visible and displayed publicly through use of appropriate tools and techniques. Thus the environment wills be more transparent and healthy.

8.    Staff morale and productivity will be enhanced through elimination of unnecessary variations, errors and thus freeing up capacity.

9.    Provide highly competitive competence for better performance by empowering staff with commercial sense and innovation to meet clients’ needs.


10.  Lastly, it will make your organization lean and mean by strengthening your financial performance and position. In short, Value, Revenue, Capacity and Cash are enhanced but Waste is reduced.