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. 

Saturday, 15 April 2017

IT IS PREDICTABLE TO ACHIEVE WHAT YOU WANT

Happy day Everyone,

Do you know that getting what you want doesn’t have to be mysterious?

In fact, it can be just as predictable as using a computer to balance your financial statements. You just need to enter the correct numbers and, with the proper programming, the computer generates a perfect result.

Well, the same is true if you want to get your dream profession, find the perfect partner, or start your dream enterprise.

In this case, however, it’s your mind that must have the proper programming. You enter the image of what you deeply desire and your mind produces a perfect result.

So, what happens if you want something next time?

Basically, you need to create a new image and then reprogram your mind to support and link you’re your strengths with opportunities for excellence.

When you understand, and follow this process, you will never be afraid of the results you want.

Have you got something you really want? Click the link it http://homefinder.com.my/people/you-will-surely-accomplish-what-you-laser-focus-on/


To your success,


James Oh
Founder cum Value Creation Specialist

Lift You Up Plt

P.S. When you learn this process and start achieve what you thought impossible once, many worthwhile desires will come up. One will be to help others as you have been helped. I can’t think of a greater reward! 


Friday, 7 April 2017

LEAN FINANCE PREVIEW ON APR 10, 2017

Dear Everyone,

It is a great pleasure to be invited to give a talk at the Buddhist Business Network for the second time. This has enabled us to play a role in the community work. We are also provide the training programs below and teach entrepreneurship thinking skills to equip you all with the required skills to stay relevant and competitive in this challenging time ahead. 





How's your financial standing in this extremely challenging economic times? 
💵 
Do you have an effective *financial strategy* to keep your financial situation *LEAN* and mean?  
😊
Join us now to learn the latest and result-proven financial management skills taught only by *Specialist & industrial practitioner who is firm believer of growing strong from inside out 💡*BBN BIZMeet 2Q 2017* 
Special Topic:
*"LEAN FINANCE"- How To Stay Lean in Competitive Times*

*Guest Speaker*
*James Oh* 
Value Creation Specialist, Founder of LiftYouUp Plt

*Date+Time*
10 April 2017 
@6.30pm(dinner)
7.30pm sharp(talk)

*Dinner+Venue*
1st Floor, Tang Pin Restaurant,  24 Jln SS2/24, PJ

Stay tune for more exciting activities.




--

Wednesday, 29 March 2017

TIMELY COURSE COME INTO RESCUE - LOOKING BEYOND FINANCIAL STATEMENTS - BREAKTHROUGH




Dear all,

Keep moving..... tough times never last but tough people do. Turn adversity into opportunity. Focus on our goals and not obstacle. The timely breakthrough course is coming soon and your voice is being heard. We know that you are not alone and we are here to work with you. Sign up this course as it is designed to seek breakthrough by looking beyond your financial statements. 

Contact the event organizer directly and we are looking forward to seeing you then, 






Tuesday, 21 March 2017

MINDSET

“Men are not prisoners of fate, but prisoners of their own minds.” - Franklin Delano Roosevelt. Discuss.

It seems that not many people aware of this fact, and no wonder they are subject to manipulation by other who use this opportunity for their own favour.

GREAT LEADERSHIP




Wednesday, 15 March 2017

LOOKING FOR A JOB!

In every corner of the world, there is a jobless person. Sometimes, the difference between an unemployed and an employed person is not necessarily the qualifications but the job search technique. Oddly, as joblessness tightens its grip, the number of recruitment agencies is on the rise.
All these agencies promise to match you to a job only to end up as a statistic in their database. While finding your dream job is hard, it is equally hard for the companies to find an employee that is the right fit.
Currently, recruitment is quite an expensive adventure, for both the recruiter and job seeker, which makes a cheaper (100% free!) and effective alternative more urgent.
If you have been looking for a solution to all the complexity of recruitment, then you are in luck because in this article, am going to introduce you to Rekruited.

Rekruited is a platform that offers CV matching services to both the employer and the job seeker with the goal of matching each job with the right employee.


How you approach this platform depends on whether you are a recruiter or job seeker. A simple Google search should take you there.***What to Do Once You Are There*** If you are an employer, all you need is to create a recruiter account.
The system is designed in a way which allows applications to be screened automatically, saving you time and money. To facilitate the screening, you as the employer, have to create a questionnaire which establishes the criteria through which the applicants will be screened and ranked.
This eliminates the element of luck in the recruitment process making sure you get the right man (or woman!) for the job. After the initial screening, the top candidates are invited for an in-person interview. With a profile at the site, you will never waste a single second sifting through a pile of CVs trying to get the right candidate.
All at a zero cost. Having seen the countless benefits the platform presents to the employer, as a job seeker you obviously want to know what is in for you. Let’s get right to it. This has the potential to mark the end to your random CV-dropping at companies in the hope they have an opening.
What good is potential anyway? The answer will always be ‘no good’, that’s why a subscription to the Dream Job service is of paramount importance. If you have a Facebook account, like most of us, then the subscription is simpler, but if you don’t have a Facebook account, there is no need to panic because it’s just a few more clicks on your mouse.
Irrespective of where you are or what your skill set is, you can subscribe to the service and wait for that phone call or email you been waiting for. From my experience on the World Wide Web, I have come to realize that the word ‘subscription’ often scares people off, but you don’t have to worry because all this is for free of charge.
After all, paying for a job search sounds like an opening for a con story, right? The primary goal of this platform is to make the recruitment process as painless as possible for the employer while giving the job seeker an opportunity to engage the employer remotely.
Information is power, and a platform like this empowers people to go on and achieve what they want. Don’t be left behind, as a Recruiter or a Job Seeker.


Sunday, 26 February 2017

Profile of James Oh - Feb 2017

James Oh is a financial, wealth and mindset specialist, thinker, leader and intensive researcher with nearly 30 years of professional working experiences in various industries such as trading, construction, aviation, movies investment and distribution. He is richly exposed in both local and international levels particularly in negotiating with the world leading aviation financiers, insurance and reinsurance brokers. 

From very humble beginning, James Oh has been gaining momentum till today. His track record includes employing his mental faculty to overcome his physical illness such as being born underweight, became a chess champion and represented his school in MPPP Chess competition under 12 in 1973; thereafter he unknowingly, use lean thinking skill to cope with his education through part time work at his age of 14; helped the founder of the company he worked with to list his company in KLSE and turning the company around when it was badly hit by the Asian Financial Crisis in 1996-7.

James has been featured in media multiple times such as the top investment magazine i.e. Smart Investor Magazine, Financial First, Money Compass, FlyMe360, Property Insight, Entrepreneur Insight, Corporate Voice Journal (MAICSA), Malaysian Institute of Insurance, Journal of Wealth Planning and Management. His articles also have been republished in Property Insight, Corporate Voice Journal (MAICSA) and Malaysian Institute Of Insurance. So far, he has published eight Ebooks, specializes in value creation.  4 out of 8 books have been upgraded to second edition and beyond. 


Moving Beyond The Horizon is the mind skill course he has conducted for in-house program with the Non-Profit Organization. He had also worked in the World Health Organization under supervision of late Prof Dr. Yap Han Heng and Worldfish. He also serves as an Associate Trainer with Kaplan Institute, Singapore and IABT Advanced in Business Training Sdn. Bhd. He has developed more than 10 training courses and conducted the courses through Institutions, Corporate and several training Providers. These courses comprise of Financial Interpretation and Management, Lean Finance, Value Investment, Lean Management, Financial Ratios – Pointers for Profitability, Progress and Prosperity, Looking Beyond Financial Statements – An Investor’s Perspective, Entrepreneurs’ Thinking, Event Management & Cost Effective, Thinking & Innovation.



His recognition had spread quickly and he was invited to be one of the speakers at the Secretarial Conference in Kuala Lumpur on Dec 2 & 3 2015, a conference event organized by Camfori Training Provider that featured comprehensive secretarial and financial strategies and solutions featuring 10+ thought leaders and speakers. 

One of his recent article has been selected to be included as a collection of the investment supplement published by MIRA. It comprised numerous renowned authors. His limited printed copies of books were distributed to more than 300 invited members and guests in conjunction with their IR Annual Award for 2016.

James graduated with a Bachelor’s degree in Accountancy from the National University of Malaysia, and Laws degree from the London of University (UK). He is a Chartered Accountant with the Malaysian Institute of Accountant, Certified Professional Trainer with IPMA (UK) & PSMB Certified Trainer and Competent Communicator with Toastmaster International.

James Oh currently is CEO cum Value Creation Specialist with Western Academy Sdn. Bhd., and HRDF Training Provider. He can be reached at jamesoh2003@yahoo.co.uk