1 CBEB3101 Business Ethics Lecture 4 Semester 1, 2011/2012 Prepared by Zulkufly Ramly 1.
Pioneering Business Transformation ROHANA RAMLY SME Corporation Malaysia Manila, 6 June 2012.
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Transcript of Pioneering Business Transformation ROHANA RAMLY SME Corporation Malaysia Manila, 6 June 2012.
![Page 1: Pioneering Business Transformation ROHANA RAMLY SME Corporation Malaysia Manila, 6 June 2012.](https://reader038.fdocuments.us/reader038/viewer/2022102908/56649e6c5503460f94b6bb47/html5/thumbnails/1.jpg)
Background ofBackground of
SME Corp. Malaysia’s Corporate Headquarters,
Kuala Lumpur
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SME Corporation Malaysia
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The PREMIER organisation for the development of progressive SMEs to enhance wealth creation and social well-being of the nation
Promote the development of competitive, innovative and resilient SMEs through effective coordination and provision of business support
Vision |
Mission |
OUR Vision & Mission
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Profile ofProfile ofSMEs in SMEs in MalaysiaMalaysia
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Source: Census of Establishments & Enterprises 20056
SMEs ~ Backbone of EconomySMEs ~ Backbone of Economy
99%
Total Establishments
32%
GDP
19%
Exports
59%
Employment
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SERVICES(86.6 %)
AGRICULTURE(6.2 %)
MANUFACTURING(7.2 %)
Source: Census of Establishments & Enterprises 2005
• Wholesale & retail • Restaurant & hotel • Transport & communication
• Plantation & horticulture • Fishery & aquaculture • Poultry farming
• Textiles & apparels • Food & beverages • Metal & metal products
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Distribution of SMEs ~ by SectorDistribution of SMEs ~ by Sector
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SME growth outperformed overall economy (2005 – 2009)
GDP Annual Growth (2000 price)
SMEs ~ OUTPACED OVERALL ECONOMYSMEs ~ OUTPACED OVERALL ECONOMY
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Limited access to advisory services
Limited marketing & promotion strategies
Limited access to domestic & global markets
Management & technology capability constraint
Low value-add & lacking in competitiveness
Inadequate training
Limited capability in R&D & technology
Difficulty in retaining manpower
Difficulty in obtaining financing
Lack of international certification for export
Limited use of e-commerce & internet marketing
SMEs ~ THEIR MAJOR CHALLENGES SMEs ~ THEIR MAJOR CHALLENGES
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Development Programmesfor SMEs
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FOCUS AREASFINANCIAL
ALLOCATION(USD MIL)
NO. OF PROGRAMMES
4,919.9144TOTAL
SME Development Programmes ~ 2012SME Development Programmes ~ 2012
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Branding Innovation Centre (BIC)Mobile Gallery
Innovation & Innovation & TechnologyTechnology
Human Capital Human Capital DevelopmentDevelopment
Market AccessMarket Access
InfrastructureInfrastructure
Access to Access to FinancingFinancing
National Mark of Malaysian Brand
Shari’ah-compliant SME Financing Scheme(SSFS)Commercialisation Innovation Fund (CIF)Business Accelerator Programme (BAP)
Enrichment and Enhancement Programme (E2)Soft Loans
Skills Upgrading & Entrepreneurship ProgrammeSME University Internship Programme
1-Innovation Certification for Enterprise Rating & Transformation Programme (1-InnoCERT)
Focus Areas vs SME Development Programmes Focus Areas vs SME Development Programmes
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• 0 – 2 Stars : Very basic business operation• 3 – 5 Stars : Some degree of sophistication
and can be groomed for export
Example of Radar Diagram for 3-Star company
Analysis: Weak in financial capability
Assistance: Requires training in financial management & improvement in quality management
• Maintenance, Repair & Overhaul (MINDEF)
• Professional Services (PSDC)
• Technical capability• Quality System• Innovation
What is SCORE?
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• Level 1 : Basic business operations• Level 2 : At average and has a
potential• Level 3 : Complete the criteria
Example of Radar Diagram for Level 2 Micro Enterprise
Analysis: Need to improve on business capability, including quality management
Assistance: To identify relevant training programmes & quality management system for entrepreneur
•BSN•AIM•ICU, JPM
What is M-CORE?
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SME Masterplan SME Masterplan (2012-2020)(2012-2020)
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Chart dire
ction until
2020
ETP
RTP
GTP
High-income Nation
16
4 Goals & 6 Focus
Areas
6 High Impact Programmes
National Policies
41%
62%
25%
GDP
Employment
Exports
32%
59%
19%
Year 2020Year 2010
Charting Future Direction ~ SME Masterplan
SME Masterplan
GTPGTP
RTPRTP
ETPETP
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To raise LABOUR
PRODUCTIVITY
To expand no. of HIGH GROWTH & INNOVATIVE
FIRMS
SME Masterplan ~ 4 GoalsSME Masterplan ~ 4 Goals
To increase BUSINESS
FORMATION
To intensify FORMALISATION
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Constraints to Growth ~ need to be addressed simultaneously
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SME Masterplan ~ 6 Focus Areas
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HIP 5: Catalyst
Programme
HIP 3: SME Investment Programme (SIP)
HIP 6: Inclusive
Innovation
SME Masterplan ~ 6 High Impact ProgrammesSME Masterplan ~ 6 High Impact Programmes
HIP 1: Integration of registration and licensing of business
establishments
HIP 2: Technology
Commercialisation Platform (TCP)
HIP 4: Going Export
(GoEx) Programme
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