Showing posts with label Inspiration. Show all posts
Showing posts with label Inspiration. Show all posts

Tuesday, November 18, 2014

RE: Malaysia vs Germany

Hey guys!!

So we always seem to want to explore and learn about different types of cultures right?
I mean, how about the drinking culture that goes "ole ole!" when a  beer is raised? Sounds October fest enough to you?

Well today I have something interesting.

Lets compare between Penang and Germany is the terms of "Working style"

Here is an article to brighten up your eyes...err...work; haha!

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Why Germans Work Fewer Hours But Produce More: A Study In Culture

When many Americans think of Germany, images of WWII soldiers and Hitler often come to mind. But what many people don’t realize is that Germany is the industrial powerhouse of Europe, and is a leading manufacturer of goods for export to developing Asian nations. We don’t hear about the superiority of German engineering in Volkswagen commercials for nothing!
The economic engine of the EU, Germany single-handedly saved the Eurozone from collapse in 2012. At the same time, German workers enjoy unparalleled worker protections and shorter working hours than most of their global counterparts. How can a country that works an average of 35 hours per week (with an average 24 paid vacation days to boot) maintain such a high level of productivity?

Working Hours Mean Working Hours

In German business culture, when an employee is at work, they should not be doing anything other than their work. Facebook, office gossip with co-workers, trolling Reddit for hours, and pulling up a fake spreadsheet when your boss walks by are socially unacceptable behaviors. Obviously, in the United States these behaviors are frowned up on by management. But in Germany, there is zero tolerance among peers for such frivolous activities.
In the BBC documentary “Make Me A German“,  a young German woman explained her culture shock while on a working exchange to the UK.
“I was in England for an exchange… I was in the office and the people are talking all the time about their private things… ‘What’s the plan for tonight?’, and all the time drinking coffee…”
She was quite surprised by the casual nature of British workers. Upon further discussion, the Germans reveal that Facebook is not allowed in the office whatsoever, and no private email is permitted.

Goal-Oriented, Direct Communication Is Valued

German business culture is one of intense focus and direct communication. While Americans tend to value small talk and maintaining an upbeat atmosphere, Germans rarely beat around the bush. German workers will directly speak to a manager about performance reviews, launch into a business meeting without any ‘icebreakers’, and use commanding language without softening the directives with polite phrases.Whereas an American would say, “It would be great if you could get this to me by 3pm,” a German would say, “I need this by 3pm”.
When a German is at work, they are focused and diligent, which in turn leads to higher productivity in a shorter period of time.

Germans Have a Life Outside Work

Germans work hard and play hard. Since the working day is focused on delivering efficient productivity, the off hours are truly off hours. Because of the focused atmosphere and formal environment of German businesses, employees don’t necessarily hang out together after work. Germans generally value a separation between private life and working life.
The German government is currently considering a ban on work-related emails after 6pm, to counter the accessibility that smartphones and constant connectivity give employers to their employees. Can you imagine President Obama enacting such a policy in the United States?
To occupy their plentiful Freizeit, most Germans are involved in Verein (clubs); regularly meeting others with shared interests in their community. Common interests in Germany include Sportvereine (sports clubs), Gesangvereine (choirs or singing clubs), Musikvereine (music clubs), Wandervereine (hiking clubs), Tierzuchtvereine (animal breeding clubs – generally rabbits/pigeons) and collectors’ clubs of all stripes. Even the smallest village in Germany will have several active Vereinen to accommodate residents’ interests. Rather than settling in for a night of TV after work, most Germans socialize with others in their community and cultivate themselves as people.
Germans also enjoy a high number of paid vacation days, with many salaried employees receiving 25-30 paid days (the law requires 20). Extended holidays mean families can enjoy up to a month together, renting an apartment by the seaside or taking a long trip to a new, exciting city.

Business Respects Parenthood

Germany’s system of Elternzeit (“parent time” or parental leave) is the stuff of fantasy for most working Americans. The United States does not currently have laws requiring maternity leave, while Germany has some of the most extensive parental protection policies in the developed world. The downside of these maternity leave benefits is that employers may avoid hiring women (with the fear that they will take advantage of the extensive benefits), and German boardrooms are consistently male-dominated at a higher rate than other developed nations, although the government is working to eradicate this trend. The financial benefits of staying home (from both Elternzeit and Elterngeld or parents’ money programs) are often too good to pass up for German mothers, and can lead to stagnant or non-existent careers.
Since “at will” employment does not exist in Germany, all employees have contracts with their employer. Parents who have been gainfully employed for the previous 12 months are eligible for Elternzeit benefits, which include up to three years of unpaid leave with a “sleeping” contract. The employee is eligible to work part-time up to 30 hours while on leave, and must be offered full-time employment at the conclusion of the parental leave. Parents may also choose to postpone up to one year of their leave until the child’s 8th birthday. Either parent is eligible for parental leave, and many couples make the choice based on financial considerations.
In addition to the preservation of the employee’s contract, the state will pay up 67% of the employee’s salary (with a cap of 1800 Euros per month) for 14 months. Parents may split the 14 months however they choose. These benefits apply equally to same-sex couples.
Have you picked your jaw up off the floor yet?

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Put Some German In Your Office

The German work culture is very different from the average American office, but there are certainly lessons to be learned from our German counterparts. The diligent focus Germans bring to their working life is to be admired. Separating work from play can help us lead a more balanced life; putting the phone down after hours gives us a mental break from stressing about work, and we can return to the office refreshed in the morning. When it’s time to get something done, closing Facebook and turning off push notifications helps keep our minds quiet and the flow steady. Direct conversation can lead to increased efficiency, and more clarity of communication among team members.
Americans often equate longer hours with increased production and superior work ethic, but examining the German model makes one wonder: When it comes to time at work, maybe less really is more!

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Wow, what a read right?
So after reading this...what do you think of your own working style now?
Please share below :)

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Wednesday, October 29, 2014

Jack Ma: A success story of a technopreneur's perseverance and determination

Now now, lets take a break from articles and read at some inspiring wonderful stories that gives us the gooey warm fuzzy feelings inside shall we?

Today I'm sharing about an article that stumbled upon. It's the story about the super rich billionaire, Mr. Jack Ma. I think if he was an English man, he would be knighted as a "sir" but the queen of England herself! Or if he were Malaysian, I wouldn't be calling him as "Jack Ma" but maybe more of "Dato' Tan Sri Jack Ma". 

His story sorta reminds me of Malaysian's very own Jimmy Choo that had also started out his business on very humble and unassuming beginnings into a roaring success that now graces through the pages of inspiring story books for the young and young at heart alike. 

Here it is! I hope that you will enjoy it as I did. Credits to the poster (link given at the end) 

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Jack Ma – 

A Sensational Success Story of A Chinaman

Jack Ma made waves and became the talk of the town when he struck the bell at the New York Stock Exchange. His company, Alibaba went IPO on 19 September and it closed at a market value of US$231 billion, making Jack Ma the richest man in China. 

Jack’s story started in Hangzhou, China, a picturesque location near Shanghai. Jack had the desire to learn and perfect his English at a young age. In order to do so, Jack would offer city tours to tourists at a hotel nearby where he stayed. Jack clearly was not the brightest bulb as he failed his entrance exam twice before successfully attending Hangzhou Teacher’s Institute and graduated in 1988 with a bachelor’s degree in English.

After graduating Jack taught English at a local college for 5 years. In between those years, he tried and failed to land a job at a local KFC, a hotel and a city police. Jack was determined to set up his own business and in 1995 he started a translation company. He then got hired as a translator by a Chinese firm to recover a payment and led to a golden opportunity which landed him in the United States.

JackMa_04

His friend in Seattle then showed him the wonders of the Internet and he wanted to use it to his advantage. He was beaming with excitement when he went home and showed his friends the Internet and his plans to use it for a business startup. Even though his ideas did not garner enough votes and support from his friends, Jack did not give up and started China Pages – an online directory for local businesses in search for foreign customers. Business failed and Jack was forced to give up the company.

He was determined to kick start another e-commerce company after his first failure and in February 1999 he founded Alibaba.com alongside 17 friends who invested in his idea. “Everyone knows the story of Alibaba as a young man who is willing to help others”, explained Jack when asked about the etymology of Alibaba.com. Jack’s business plan is the same as China Pages; helping local businesses seek foreign customers. Alibaba’s platform allowed exporters to post their products online whereby potential buyers would be able to browse through.

 
Investors came pouring in by October 1999 and a total of $5 million and $20 million were raised from Goldman Sachs and SoftBank respectively. It was an achievement for a startup company. Jack wanted to push the company’s potential further and in 2002 he proposed a plan to compete against popular e-commerce giant, eBay. With help from SoftBank, Jack developed the consumer-based site “Taobao” which means “searching for treasure” in Chinese.

Taobao was introduced in July 2003 and Jack did not charge a single cent for product advertising in its initial stages. Taobao was growing fast and earning more than eBay. Jack had started a fierce race with eBay China and it was not long after that eBay China threw in the towel and ceased its operations. eBay tried to buy over Taobao, but Jack refused their offer. He made a deal with Jerry Yang, the co-founder of Yahoo instead. The deal led him to acquire a collection of sites like Yahoo China that would help to boost and strengthen Taobao’s position in the market.

140918_INV_AlibabaWinner
 “My vision is to build an e-commerce ecosystem that allows consumers and businesses to do all aspects of business online. I want to create one million jobs, change China’s social and economic environment and make it the largest Internet market in the world.”  
10 years after the successful introduction and expansion of Taobao’s market, the website is now one of the top twenty most-visited website around the world and has a total transaction volume of $240 billion in 2013. Taobao currently serves more than 79 million members from more than 240 countries and territories. 

Jack stepped down as CEO of Alibaba Group in 2013 and is currently the Executive Chairman of Alibaba Group which consists of nine major subsidiaries – Alibaba.com, Taobao Marketplace, Tmall, eTao, Alibaba Cloud Computing, Juhuasuan, 1688.com, AliExpress.com and Alipay.
The man made headlines everywhere in September 2014 and is now one of the most respected businessman globally.

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