SME Partnership Program 2007 Empire Hotel Country Club, Meeting Room 1, Business Centre, 18 th April,2007 Press Releases Borneo Bulletin Dato Hj Mohd Hamid delivering his speech Ministry Vows To Curb SME Bankruptcies By Sonia K Bandar Seri Begawan - The Ministry of Industry and Primary Resources, as a focal point for SME development, is sensitive to the increase in bankruptcy adjudication orders. In 1996, there were only three cases compared to 114 adjudication orders recorded last year. Although the numbers, which are quite substantial, may not be 100 per cent business related, the ministry endeavours to find solutions that can contribute to reducing the rate of business failures. "We do this by providing programmes that respond to the possible causes of business failures,- said the Permanent Secretary at the Ministry of Industry and Primary Resources, Dato Paduka Hj Mohd Hamid bin Hj Jaafar, during Asia Inc's SME Networking Luncheon at the Empire Hotel and Country Club. "While noting that business failures are part and parcel of the business cycle, it does not decry the reality that on a personal level, the experience is indeed unpleasant and traumatic. To a certain extent, the negative aspects of such an experience can be moderated by sharing it with others as well as having a positive mindset on the experience," he said.
Transcript
SME Partnership Program 2007
Empire Hotel Country Club, Meeting Room 1, Business Centre,
18th April,2007
Press Releases
Borneo Bulletin
Dato Hj Mohd Hamid delivering his speech
Ministry Vows To Curb SME Bankruptcies By Sonia K
Bandar Seri Begawan - The Ministry of Industry and Primary Resources, as a focal point for SME development, is sensitive to the increase in bankruptcy adjudication orders. In 1996, there were only three cases compared to 114 adjudication orders recorded last year.
Although the numbers, which are quite substantial, may not be 100 per cent
business related, the ministry endeavours to find solutions that can contribute to reducing the rate of business failures.
"We do this by providing programmes that respond to the possible causes of business failures,- said the Permanent Secretary at the Ministry of Industry and
Primary Resources, Dato Paduka Hj Mohd Hamid bin Hj Jaafar, during Asia Inc's SME Networking Luncheon at the Empire Hotel and Country Club.
"While noting that business failures are part and parcel of the business cycle, it does not decry the reality that on a personal level, the experience is indeed unpleasant and traumatic. To a certain extent, the negative aspects of such an experience can
be moderated by sharing it with others as well as having a positive mindset on the experience," he said.
SME Partnership Program 2007
He said that in the United States, of the around 100.000 business failures every year, the causes of those failures are identified as firstly, managerial incompetence,
secondly, unbalanced experience and lastly, lack of line experience. He highlighted that these three reasons account for four per cent of business failures while the four, two and one per cent account for neglect of businesses, fraud and disaster eases respectively.
"In the case of MIPR, our various programmes are aimed at addressing the first two
causes of business failures. Through the coordination of the Entrepreneurial Development Centre (EDC) in Sinaut, the MIPR has been carrying out training programmes for prospective SMEs and qualified SMEs in Brunei for the past 20-25 years.
"On average, every year the centre conducts about 25-30 course titles that cover
almost all aspects related to starting and operating a business. These include business management, standards and quality management, marketing, financial management, negotiation skills, basic accounting and even IT applications. Since
2002, those programmes are attended by around 700 participants every year," Dato Hj Mohd Hamid said.
The MIPR's response for the third factor which causes business failures, namely, lack of line experience is the business incubator programme in Sinaut. "It is an attempt at bridging the gap of the inexperienced by new but promising entrepreneurs in
agriculture, freshwater aquaculture, tailoring and dressmaking and the making of Songkok and Jong Sarat, interior design," he said.
The ministry is in the process of completing the construction of a four-storey business incubator centre in Kampong Anggerek Desa, which is expected to be complete in June this year. The first, second and third floors will provide space for a
total of eight quail tied SMEs engaged in the production of local products, excluding those in food and IT sectors. Some of the SMEs in Sinaut engaged in handicrafts, tailoring and tenunan making will be moving to this new site. The ground floor of that centre will also house an exhibition and sales gallery for local products including those from incubates.
"I wish to highlight another element that needs to he addressed in order to promote business survival. Equally important to developing entrepreneurship qualities and spirit, our SMEs must also develop their capacity for innovation.
"We in the MIPR believe that promoting innovation among SMEs can be better achieved when we address it in a systematic way from the generation of a new idea
from initial concept, through research and development, to a ready-for-market product. And our programmes are laid out with that in mind," he added. -- Courtesy of Borneo Bulletin
SME Partnership Program 2007
Young entrepreneurs get tips from businesswoman By Sonia K
Bandar Seri Begawan - "Take responsibility for your own act" exclaimed Nanz Chong-Komo during an Entrepreneur Workshop yesterday morning to 50 young entrepreneurs who attended Asia Inc Forum's SME Programme 2007 at the Empire Hotel and Country Club.
Ms Nanz Chong-Komo, renowned entrepreneur and author, said this during the
second workshop she conducted entitled "How can I prepare for the ups and downs of the future? Lessons learned from One.99 shop".
She highlighted eight lessons, namely, your network and your mentors, power of focus, always wear the customers' hats, cash is king, your business score and score keeper, take responsibility, you and your team and lastly personal development.
Asia Inc Forum's SME Programme 2007 yesterday held its first workshop and
networking luncheon entitled 'Managing and Growing Your Business' facilitated by Nanz Chong-Komo. The SME programme was partnered with Baiduri Bank, Brunei Shell Petroleum and the Brunei Economic Development Board and was supported by
the Ministry of Industry and Primary Resources and the Young Entrepreneurs Association Brunei, all leading organisations who care about the growth and development of local SM Es.
Earlier in the morning, she conducted a half-day workshop on 'Managing and Growing Your Business' which explored lessons on how to grow your business, what
are the best business practices and business values and how to prepare for the ups and downs of business.
Later at noon, the programme featured a luncheon address entitled 'Over coming adversity; transforming setbacks into comebacks'. Present as the guest of honour at the luncheon was Permanent Secretary at the Ministry of Industry and Primary Resources, Dato Paduka Hj Mohd Hamid bin Haji Jaafar.
Also in attendance were senior figures in the business community such as Dato Paduka Hj Idris bin 1-i Abas and Razali Johari who played the role of mentors. The mentors managed to network with the young SMEs and shared with them how they grew and managed their business over the years.
Short remarks were delivered from SME programme partners during the networking
luncheon, namely, Asia Inc Forum, Baiduri Bank, Brunei Shell Petroleum Co Sdn Bhd and The Brunei Economic Development Board.
Allen Lai, CEO of Asia Inc Forum said, "We hope that together with our partners and with the tremendous support of His Majesty's government through MIPR, this programme will go a long way towards assisting the growth and development of our countries' young SMEs."
SME Partnership Program 2007
Nanz, the founder of the One 99 chain of stores in Singapore, won the Entrepreneur of the Year Award in 2000 and, at her peak; her business had a turnover of $60m.
Since then, she has gone through some hard times including bankruptcy and is sharing her experience. She has written a national bestseller 'One Business 99 Lessons' that is provided to all the participants.
The programme, now in its fourth year, aims to nurture and develop Bntneian SMEs who are young in business through a year-long programme for workshops, forums and networking sessions. -- Courtesy of Borneo Bulletin
www.anakbrunei.org , Wednesday, April 18, 2007
NETWORK, FOCUS, OUTSOURCE
SME Partnership Program 2007
SME Partnership Program 2007
I failed, so what?
'Its not a disgrace to fail. Failing is one of the greatest arts in the world' - Charles F
Kettering People im beat today.
Dozed off halfway through practice before the 5.30 class and again right after dinner, i dropped on the bed. I was waiting for the 10 pm news for this. This morning through lunch, I attended a short, sweet and to the point workshop by
Nanz Chong Como on Managing and Growing Highlights from one business 99 lessons. I've attended workshops helping smes (small & medium enterprise) last in 2005 and must say this was the first i attended this year. 2006 i guiltily shunned
away from the networking light due to work, this and that. I can say im so glad i was present for this one. I saw familiar faces and old friends again. And 1 good friend pointed out i have white hair. Frizzy one at that too. I have white hair? I have white hair! And it stuck right out of my head like a sore thumb.
Following Nanz's talk on failing and falling and to have the courage to get up again, i led the 7pm class to fall down today. Salamba sirsasana ( supported headstand) in
the middle of the room with just a crash pad propped for safety. I really wanted them to see what it was like to fall. Only when you fall can you learn just how further back to place the hips and learn to engage in the core to keep you from falling. And only when you fall can you see how it will help you grow stronger in your pose. Much
like in life . Much like in business.
Media Permata Kementerian lancar program untuk atasi kegagalan perniagaan
Oleh Sim Y. H.
Dato Paduka Haji Mohd Hamid menyampaikan ucapan
SME Partnership Program 2007
BANDAR SERI BEGAWAN, Rabu - Perangkaan mahkamah mencatatkan sebanyak tiga
perintah muflis dikeluarkan pada 1996 dan pada 2006 perintah muflis yang
dikeluarkan meningkat kepada 114. Walaupun peningkatan mendadak itu tidak hanya membabitkan dunia perniagaan tetapi jumlah yang amat membimbangkan.
Sehubungan itu, Kementerian Perindustrian dan Sumber-sumber Utama mengambil berat mengenai perkara itu dan sentiasa berusaha untuk mencari jalan untuk mengurangkan kadar kegagalan perniagaan negara dan salah satu tindakan ialah dengan mengadakan program yang mengenal pasti punca kegagalan berkenaan.
Setiausaha Tetap Kementerian Perindustrian dan Sumber-sumber Utama, Dato Paduka Haji Mohd Hamid Haji Mohd Jaafar berkata menurut kajian yang dijalankan di Amerika Syarikat, tiga perkara dikenal pasti menjadi punca kegagalan perniagaan iaitu kurang keupayaan pengurusan, pengalaman yang tidak seimbang dan kurang pengalaman dalam perniagaan yang diceburi.
Menurut kajian itu, kira-kira 61 peratus kegagalan perniagaan adalah berpunca daripada pengurus yang kurang berupaya mengurus syarikat dengan membuat keputusan yang tidak tepat serta menyediakan matlamat perniagaan yang sukar dicapai, katanya berucap pada majlis makan tengah hari dan Bengkel
Keusahawanan, Program PKS Asia Inc Forum 2007 yang diadakan di Jerudong hari ini.
Menurutnya pengalaman yang tidak seimbang turut menjadi punca 22 peratus kegagalan perniagaan dengan pengurus syarikat gagal untuk mengendalikan fungsi penting dalam menjalankan perniagaan termasuk penjualan dan pemasaran.
Sementara itu kira-kira 10 peratus jumlah kegagalan perniagaan adalah disebabkan
pengurus syarikat tidak mempunyai pengalaman yang mencukupi dalam perniagaan yang mereka ceburi.
Kementerian Perindustrian dan Sumber-sumber Utama dalam usaha untuk mengurangkan jumlah kegagalan perniagaan sudah merangka dan melaksanakan pelbagai program pembangunan sumber manusia, katanya.
Melalui Pusat Pembangunan Keusahawanan, Sinaut kementerian itu sudah
mengadakan kira-kira 30 program latihan bagi pengusaha, perusahaan kecil dan sederhana (PKS) yang ditumpukan kepada pelbagai bidang memulakan dan menjalankan perusahaan berkenaan.
Program latihan itu merangkumi latihan pengurusan perniagaan, pengurusan kualiti dan piawaian, pemasaran, kewangan, pengurusan kewangan, kemahiran berbincang,
asas perakaunan dan aplikasi IT dan berjaya menarik penyertaan kira-kira 700 peserta setiap tahun sejak 2002.
Beliau juga menjelaskan kementerian berkenaan turut menyediakan program inkubator perniagaan yang pada masa ini disertai 19 PKS bertujuan untuk membantu
perusahaan baru dalam bidang pertanian, akuakultur, pembuatan pakaian dan
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rekaan dalaman, mendapat pengalaman serta keyakinan bagi menjalankan perusahaan mereka dengan jaya dalam suasana perniagaan yang kompetitif.
Beliau menjelaskan bagi mengukuhkan dan mengembangkan program itu, sebuah
bangunan empat tingkat yang menempatkan Pusat Inkubator Perniagaan sedang dalam proses pembinaan dan dijangka siap pada Jun 2006 di Kampung Anggerek Desa.
Pusat itu diharap dapat digunakan oleh enam perusahaan PKS yang terpilih untuk pengeluaran produk tempatan di tingkat 1, 2 dan 3 manakala tingkat bawah
digunakan bagi dewan pameran serta galeri untuk menjual produk tempatan yang dihasilkan oleh perusahaan di pusat berkenaan.
Dato Paduka Haji Mohd Hamid menjelaskan daripada program pembangunan sumber manusia yang dilaksanakan kementerian itu, jelas menunjukkan usaha dan komitmen kementerian untuk memajukan PKS tempatan. Beliau bagaimanapun
menyatakan pihak swasta dan kementerian lain harus turut memainkan peranan menerusi pelbagai program serta bengkel yang diusahakan dalam meningkatkan mutu keusahawanan dan PKS negara.
Di samping itu, beliau menyarankan supaya PKS tempatan mempunyai sikap inovasi yang tinggi untuk terus bersaing dan memberikan kelainan kepada pelanggan mereka.
Menerusi penghasilan produk yang inovatif, PKS tempatan dapat memberikan produk baru dengan rekaan yang menarik kepada pelanggan serta perkhidmatan yang menggunakan proses produksi, pengurusan dan pemasaran yang efektif.
Beliau menegaskan bagi mempromosikan inovasi di kalangan PKS tempatan memerlukan cara sistematik untuk menjana buah fikiran yang baru daripada konsep
asal dan menerusi kajian serta pembaharuan, menyediakan produk yang unik dan inovatif bagi pasaran tempatan.
Kerajaan, katanya lagi, dalam hasrat untuk membantu perkembangan PKS yang inovatif bukan saja menyediakan program Pembangunan Sumber Manusia malah turut menyediakan pelbagai program termasuk skim kewangan, tapak perindustrian
dan pengeluaran, kemudahan penyelidikan dan pembangunan, makmal kajian dan program peningkatan kualiti dan piawaian.
Pada majlis anjuran Asia Inc Forum bersama Bank Baiduri Berhad, Lembaga Kemajuan Ekonomi Brunei dan Syarikat Minyak Brunei Shell yang disokong Kementerian Perindustrian dan Sumber-sumber Utama dan Persatuan Usahawan
Muda Brunei Darussalam turut mendengar ceramah yang disampaikan oleh Nanz Chong-Komo.
Dalam ceramah itu, beliau mengongsi pengalaman beliau menjalankan perniagaan serta memberikan pandangan kepada pengusaha muda yang kegagalan adalah salah satu pelantar untuk menuju kemajuan.
