Idea Generation

INFORMATION SHARING MEETING : 

INFORMATION SHARING MEETING

Operation CSI.Gen : 

Operation CSI.Gen

CSI.Gen (Cost Saving Idea Generation) : 

CSI.Gen (Cost Saving Idea Generation)

Why do we need to embark on this initiative : 

Why do we need to embark on this initiative

First - Let’s look at the big & small boys performance for the first half of 2004 : 

First - Let’s look at the big & small boys performance for the first half of 2004

Slide 6: 

RM1.46B

Slide 7: 

REDtone Profit after tax RM6.44M

Slide 8: 

RM788M

Slide 9: 

RM131M

Slide 10: 

YTD Q2 2004 – COMPARISON TO OTHER TELCOS

Now - Let’s look how we perform for the second quarter and first half of 2004 : 

Now - Let’s look how we perform for the second quarter and first half of 2004

Slide 12: 

Second quarter result ended 30 June 2004 was way below the BUDGETED figure.

Slide 13: 

And…our First half result ended 30 June 2004 is also below the BUDGETED figure.

YTD Q2 2004 – ACTUAL VS BUDGET : 

YTD Q2 2004 – ACTUAL VS BUDGET

YTD Q2 2004 – ACTUAL VS ACTUAL : 

YTD Q2 2004 – ACTUAL VS ACTUAL

Slide 16: 

To further strengthen our performance certain strategic measures have been taken and will be taken in due course

Slide 17: 

Organisational Restructuring To make TIME a flatter organisation and for better operational efficiencies With less than four months to go before the end of 2004, we need to prove to our shareholders, BOD and more importantly ourselves that TIME staff are capable and we can continue to be a profitable company. To focus on product development, Marketing and Sales 2. Achieve individual targets To increase revenue Cont… Strategies Identified

Strategies Identified (contd.) : 

3. Micro Targeting To intensify our focus on selling products and services that will give us high margins of return To increase the line penetration rate of our existing RFS buildings without having to incur additional costs 4. Staff participation scheme To help drive the sales of some products/services Strategies Identified (contd.)

Strategies Identified (contd.) : 

5. Provide excellent service Continue to provide excellent service to existing customers as they are the ones who have been contributing to our revenue and they deserve our care and attention 6. Cost-cutting exercise To reduce operating expenditure Management have been instructed to cut cost in their respective areas 25% Strategies Identified (contd.)

What is our role now? : 

What is our role now?

This is the story of four people: Everybody, Somebody, Anybody and Nobody : 

This is the story of four people: Everybody, Somebody, Anybody and Nobody There was an important job to be done and Everybody was asked to do it. Everybody was sure Somebody would do it. Anybody could have done it, but Nobody did it. Somebody got angry about that because it was Everybody’s job. Everybody thought Anybody could do it, but Nobody realized that Everybody wouldn’t do it. It ended up that Everybody blamed Somebody when actually Nobody asked Anybody.

Be part of the Cost Saving-Idea Generation (CSI.Gen) program : 

Be part of the Cost Saving-Idea Generation (CSI.Gen) program

Slide 23: 

BECAUSE Cost Saving is EVERYBODY’s responsibility

Slide 24: 

Our Challenge Reduce 25% of Opex (RM50M) By 31 December 2004

Slide 25: 

•Building Repair & Maintenance 205,161.00 •Rental 3,392,134.16 •Electricity 2,027,166.52 •Water 138,324.50 •Photocopy Rental/Usage 939,634.14 •Office Equipment 383,457.60 •Fuel & Vehicle Maintenance 735,013.75 •Mobile Phones 903,725.70 •Office Supplies 383,457.60 Note: The above figures are the total incurred cost from Jan - Aug 04 POTENTIAL COST SAVING AREAS ______________________________________________________________________________________

Slide 26: 

POTENTIAL COST SAVING AREAS ______________________________________________________________________________________ And many other areas that you can identify and play your part

Slide 27: 

POTENTIAL COST SAVING AREAS ______________________________________________________________________________________ Other Possible areas: Lower all overtime claims Lower all Hardship allowance Lower other allowance (ie-standby allowance) Hotels and traveling A&P Consultancy & Professional fee Envelop cost Many other areas where you can play a role

Idea Generation : 

Idea Generation

ObjectiveTo promote a continuous exchange of ideas among the employees of all levels with regards to the improvement of their quality of work life, products, and services provided to employees and customer. : 

ObjectiveTo promote a continuous exchange of ideas among the employees of all levels with regards to the improvement of their quality of work life, products, and services provided to employees and customer.

Special gift for top five accepted and implemented ideas between October 1, 2004 to December 31, 2004 : 

Special gift for top five accepted and implemented ideas between October 1, 2004 to December 31, 2004

Time Idea Generation Committee MembersWan Roslan Wan Abbas (HRA)Hishanuddin Hashim (MS)Wan Ahmad Kamal (Technology)Khairil Anwar Abdul Hamid (TRSB)Major Jimi (Safety)Abdul Razak Abd Rahman (Finance)Mek Yam Jusoh (CS)Zulkifli Md (TRSB) : 

Time Idea Generation Committee MembersWan Roslan Wan Abbas (HRA)Hishanuddin Hashim (MS)Wan Ahmad Kamal (Technology)Khairil Anwar Abdul Hamid (TRSB)Major Jimi (Safety)Abdul Razak Abd Rahman (Finance)Mek Yam Jusoh (CS)Zulkifli Md (TRSB)

Time Idea Generation (Working Committee)Azman Shah Haji IsmailMd Razwill IsmailWan IzharulZaizulChin Choon MoyMichael Ang : 

Time Idea Generation (Working Committee)Azman Shah Haji IsmailMd Razwill IsmailWan IzharulZaizulChin Choon MoyMichael Ang

Eligibility of IdeasOpen to all staff of Time dotCom group : 

Eligibility of IdeasOpen to all staff of Time dotCom group

Ideas should relate to:Cost SavingProcess ImprovementImprove Quality, Productivity or Sales : 

Ideas should relate to:Cost SavingProcess ImprovementImprove Quality, Productivity or Sales

FormatUse the standard form (as attached)Ideas can be submitted by individual or by groupSubmit the ideas throughhttp://www.zoomerang.com/survey.zgi?p=WEB2RYAKH3G2 orI-generation Suggestion BoxAvailable at the main entrance of Wisma Time, Level 10 Menara AA, Glenmarie Office and Menara Maxisegar : 

FormatUse the standard form (as attached)Ideas can be submitted by individual or by groupSubmit the ideas throughhttp://www.zoomerang.com/survey.zgi?p=WEB2RYAKH3G2 orI-generation Suggestion BoxAvailable at the main entrance of Wisma Time, Level 10 Menara AA, Glenmarie Office and Menara Maxisegar

General rulesa. Originality but best practice is acceptableb. Can submit more than one but must through different formc. The committee’s decision is final : 

General rulesa. Originality but best practice is acceptableb. Can submit more than one but must through different formc. The committee’s decision is final

Slide 38: 

COST SAVING PROCESS FLOW _____________________________________________________________________________________

Acceptable CriteriasIdeas which contribute to a. Cost Saving b. Process Improvement c. Improve Quality, Productivity or Sales : 

Acceptable CriteriasIdeas which contribute to a. Cost Saving b. Process Improvement c. Improve Quality, Productivity or Sales

Rejection Criteria 1) Ideas not clear or not definite2) Plagiarism (must be original)3) Ideas that has been proposed officially or implemented4) Ideas that only explain problem without offering a solution5) High cost : 

Rejection Criteria 1) Ideas not clear or not definite2) Plagiarism (must be original)3) Ideas that has been proposed officially or implemented4) Ideas that only explain problem without offering a solution5) High cost

RecognitionBest top five ideas accepted and implemented with good results : 

RecognitionBest top five ideas accepted and implemented with good results

Conclusion : 

Conclusion We are confident with the ability of our staff to make valuable contribution of ideas towards the success of the company We urge all staff to show your undivided and continuous support. Be proactive to our on-going and upcoming initiatives (ie-CSI.Gen) Work as a team to ensure we achieve our numbers.

Slide 43: 

Remember!

Slide 44: 

Our Challenge Reduce 25% of Opex (RM50M) By 31 December 2004

Together, we can do it! : 

Together, we can do it!

Thank You : 

Thank You

Slide 50: 

Our Challenge To achieve RM50M saving By 31 December 2004