Tuesday, November 01, 2011

Seriously, how can Japan win?

When it comes to weakening the yen, currency speculators are the least of Japan's problems.

That's because when policymakers intervene to limit yen strength, as they did Monday, they square off against a formidable array of forces, including U.S. monetary policy, Chinese reserve managers and global investors from Texas to Tokyo united by one desire: to sell the U.S. dollar.

Friday, September 23, 2011

What's wrong with US (I wish I am not included, but I am)

Dow Jones down, KLCI down. Billions were wiped out from the market. I was born in this period of time, so I shall only talk about what's going on today. The crisis was all started by the GREED of SELFISH people that I know not of. People selling sub prime mortgages with a known fact that they are creating a bubble which will eventually screw up the entire world. Not to mention governments who were voted in suddenly "decided" to understate the debts of their country, creating an illusion of the strong Euro Union. Only later to screw up the rest of us.

Question is, what did normal people living their day to day lives have to do will all this? You can call us pathetic for voting you in. But we never voted for ordinary people into the cabinet to screw us all up with their cronies like Enron. Don't get me started with what's with my own country.

And guess what's the solution that these so called voted-in governments do? Cutting down on budget to improve our country that belongs to its people, not the government. Increase taxes? And my government complains that they are not getting enough tax from its people? Well said. Normal civilians are suppose to bear the consequences of greed.

In fact, the amount of commodities, food, companies and properties intrinsic values remain the same with or without the market. It is by people's greed and perception that create paper value of money for those items. How I wish, things are a lot more simple and BETTER when we were more stupid. Or, I just wish those smart people out there, be it the Fed Revs or the OPEC to just have some sense of humanity and concern for the people that are not making profits from the paper values. Please.

In Jesus name,
Amen

Wednesday, September 14, 2011

The most meaningful speech EVER!!!


This speech rings as true today as it did then.

I’m sorry, but I don’t want to be an emperor. That’s not my business. I don’t want to rule or conquer anyone. I should like to help everyone, if possible, Jew, gentile, black man, white. We all want to help one another. Human beings are like that. We want to live by each other’s happiness — not by each other’s misery. We don’t want to hate and despise one another.

In this world there is room for everyone. And the good earth is rich and can provide for everyone. The way of life can be free and beautiful, but we have lost the way. Greed has poisoned men’s souls, has barricaded the world with hate, has goose-stepped us into misery and bloodshed. We have developed speed, but we have shut ourselves in. Machinery that gives abundance has left us in want. Our knowledge has made us cynical. Our cleverness, hard and unkind. We think too much and feel too little. More than machinery we need humanity. More than cleverness we need kindness and gentleness. Without these qualities, life will be violent and all will be lost.

The aeroplane and the radio have brought us closer together. The very nature of these inventions cries out for the goodness in men, cries out for universal brotherhood, for the unity of us all. Even now my voice is reaching millions throughout the world — millions of despairing men, women and little children — victims of a system that makes men torture and imprison innocent people. To those who can hear me, I say — do not despair. The misery that is now upon us is but the passing of greed — the bitterness of men who fear the way of human progress. The hate of men will pass, and dictators die, and the power they took from the people will return to the people and so long as men die, liberty will never perish.

Soldiers! Don’t give yourselves to brutes — men who despise you — enslave you — who regiment your lives — tell you what to do — what to think and what to feel! Who drill you, diet you, treat you like cattle, use you as cannon fodder. Don’t give yourselves to these unnatural men — machine men with machine minds and machine hearts! You are not machines! You are not cattle! You are men! You have the love of humanity in your heart. You don’t hate! Only the unloved hate — the unloved and the unnatural!

Soldiers! Don’t fight for slavery! Fight for liberty! In the 17th Chapter of St. Luke it is written: “the Kingdom of God is within man” — not one man nor a group of men, but in all men! In you! You, the people have the power — the power to create machines. The power to create happiness! You, the people, have the power to make this life free and beautiful, to make this life a wonderful adventure.

Then, in the name of democracy, let us use that power! Let us all unite! Let us fight for a new world, a decent world that will give men a chance to work, that will give youth the future and old age a security. By the promise of these things, brutes have risen to power, but they lie! They do not fulfill their promise; they never will. Dictators free themselves, but they enslave the people! Now, let us fight to fulfill that promise! Let us fight to free the world, to do away with national barriers, to do away with greed, with hate and intolerance. Let us fight for a world of reason, a world where science and progress will lead to all men’s happiness.

Soldiers! In the name of democracy, let us all unite!

Wednesday, September 07, 2011

Jobs : Stay Hungry, Stay Foolish

'You've got to find what you love,' Jobs says

This is a prepared text of the Commencement address delivered by Steve Jobs, CEO of Apple Computer and of Pixar Animation Studios, on June 12, 2005.

I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I've ever gotten to a college graduation. Today I want to tell you three stories from my life. That's it. No big deal. Just three stories.

The first story is about connecting the dots.

I dropped out of Reed College after the first 6 months, but then stayed around as a drop-in for another 18 months or so before I really quit. So why did I drop out?

It started before I was born. My biological mother was a young, unwed college graduate student, and she decided to put me up for adoption. She felt very strongly that I should be adopted by college graduates, so everything was all set for me to be adopted at birth by a lawyer and his wife. Except that when I popped out they decided at the last minute that they really wanted a girl. So my parents, who were on a waiting list, got a call in the middle of the night asking: "We have an unexpected baby boy; do you want him?" They said: "Of course." My biological mother later found out that my mother had never graduated from college and that my father had never graduated from high school. She refused to sign the final adoption papers. She only relented a few months later when my parents promised that I would someday go to college.

And 17 years later I did go to college. But I naively chose a college that was almost as expensive as Stanford, and all of my working-class parents' savings were being spent on my college tuition. After six months, I couldn't see the value in it. I had no idea what I wanted to do with my life and no idea how college was going to help me figure it out. And here I was spending all of the money my parents had saved their entire life. So I decided to drop out and trust that it would all work out OK. It was pretty scary at the time, but looking back it was one of the best decisions I ever made. The minute I dropped out I could stop taking the required classes that didn't interest me, and begin dropping in on the ones that looked interesting.

It wasn't all romantic. I didn't have a dorm room, so I slept on the floor in friends' rooms, I returned coke bottles for the 5¢ deposits to buy food with, and I would walk the 7 miles across town every Sunday night to get one good meal a week at the Hare Krishna temple. I loved it. And much of what I stumbled into by following my curiosity and intuition turned out to be priceless later on. Let me give you one example:

Reed College at that time offered perhaps the best calligraphy instruction in the country. Throughout the campus every poster, every label on every drawer, was beautifully hand calligraphed. Because I had dropped out and didn't have to take the normal classes, I decided to take a calligraphy class to learn how to do this. I learned about serif and san serif typefaces, about varying the amount of space between different letter combinations, about what makes great typography great. It was beautiful, historical, artistically subtle in a way that science can't capture, and I found it fascinating.

None of this had even a hope of any practical application in my life. But ten years later, when we were designing the first Macintosh computer, it all came back to me. And we designed it all into the Mac. It was the first computer with beautiful typography. If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts. And since Windows just copied the Mac, it's likely that no personal computer would have them. If I had never dropped out, I would have never dropped in on this calligraphy class, and personal computers might not have the wonderful typography that they do. Of course it was impossible to connect the dots looking forward when I was in college. But it was very, very clear looking backwards ten years later.

Again, you can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.

My second story is about love and loss.

I was lucky — I found what I loved to do early in life. Woz and I started Apple in my parents garage when I was 20. We worked hard, and in 10 years Apple had grown from just the two of us in a garage into a $2 billion company with over 4000 employees. We had just released our finest creation — the Macintosh — a year earlier, and I had just turned 30. And then I got fired. How can you get fired from a company you started? Well, as Apple grew we hired someone who I thought was very talented to run the company with me, and for the first year or so things went well. But then our visions of the future began to diverge and eventually we had a falling out. When we did, our Board of Directors sided with him. So at 30 I was out. And very publicly out. What had been the focus of my entire adult life was gone, and it was devastating.

I really didn't know what to do for a few months. I felt that I had let the previous generation of entrepreneurs down - that I had dropped the baton as it was being passed to me. I met with David Packard and Bob Noyce and tried to apologize for screwing up so badly. I was a very public failure, and I even thought about running away from the valley. But something slowly began to dawn on me — I still loved what I did. The turn of events at Apple had not changed that one bit. I had been rejected, but I was still in love. And so I decided to start over.

I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.

During the next five years, I started a company named NeXT, another company named Pixar, and fell in love with an amazing woman who would become my wife. Pixar went on to create the worlds first computer animated feature film, Toy Story, and is now the most successful animation studio in the world. In a remarkable turn of events, Apple bought NeXT, I returned to Apple, and the technology we developed at NeXT is at the heart of Apple's current renaissance. And Laurene and I have a wonderful family together.

I'm pretty sure none of this would have happened if I hadn't been fired from Apple. It was awful tasting medicine, but I guess the patient needed it. Sometimes life hits you in the head with a brick. Don't lose faith. I'm convinced that the only thing that kept me going was that I loved what I did. You've got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking. Don't settle. As with all matters of the heart, you'll know when you find it. And, like any great relationship, it just gets better and better as the years roll on. So keep looking until you find it. Don't settle.

My third story is about death.

When I was 17, I read a quote that went something like: "If you live each day as if it was your last, someday you'll most certainly be right." It made an impression on me, and since then, for the past 33 years, I have looked in the mirror every morning and asked myself: "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "No" for too many days in a row, I know I need to change something.

Remembering that I'll be dead soon is the most important tool I've ever encountered to help me make the big choices in life. Because almost everything — all external expectations, all pride, all fear of embarrassment or failure - these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart.

About a year ago I was diagnosed with cancer. I had a scan at 7:30 in the morning, and it clearly showed a tumor on my pancreas. I didn't even know what a pancreas was. The doctors told me this was almost certainly a type of cancer that is incurable, and that I should expect to live no longer than three to six months. My doctor advised me to go home and get my affairs in order, which is doctor's code for prepare to die. It means to try to tell your kids everything you thought you'd have the next 10 years to tell them in just a few months. It means to make sure everything is buttoned up so that it will be as easy as possible for your family. It means to say your goodbyes.

I lived with that diagnosis all day. Later that evening I had a biopsy, where they stuck an endoscope down my throat, through my stomach and into my intestines, put a needle into my pancreas and got a few cells from the tumor. I was sedated, but my wife, who was there, told me that when they viewed the cells under a microscope the doctors started crying because it turned out to be a very rare form of pancreatic cancer that is curable with surgery. I had the surgery and I'm fine now.

This was the closest I've been to facing death, and I hope it's the closest I get for a few more decades. Having lived through it, I can now say this to you with a bit more certainty than when death was a useful but purely intellectual concept:

No one wants to die. Even people who want to go to heaven don't want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life's change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.

Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma — which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.

When I was young, there was an amazing publication called The Whole Earth Catalog, which was one of the bibles of my generation. It was created by a fellow named Stewart Brand not far from here in Menlo Park, and he brought it to life with his poetic touch. This was in the late 1960's, before personal computers and desktop publishing, so it was all made with typewriters, scissors, and polaroid cameras. It was sort of like Google in paperback form, 35 years before Google came along: it was idealistic, and overflowing with neat tools and great notions.

Stewart and his team put out several issues of The Whole Earth Catalog, and then when it had run its course, they put out a final issue. It was the mid-1970s, and I was your age. On the back cover of their final issue was a photograph of an early morning country road, the kind you might find yourself hitchhiking on if you were so adventurous. Beneath it were the words: "Stay Hungry. Stay Foolish." It was their farewell message as they signed off. Stay Hungry. Stay Foolish. And I have always wished that for myself. And now, as you graduate to begin anew, I wish that for you.

Stay Hungry. Stay Foolish.

Thank you all very much.

Thursday, May 26, 2011

UFO sightings - Posted May 16th 2011

This is why Manchester United is Manchester United


I have loved them since 1992... My first ever ManU match on TV2.. That night ManU won 3-2... There was no return... N to you all the Sir Alex babies... I dedicate my football life to you all... Gary Neville, Phillip Neville, Paul Scholes, Ryan Giggs, David Beckham, Nicky Butt...

Thursday, May 12, 2011

Am I JOPPK material?

Just a random reminder to myself for a simple mathematical understanding.

When using the correlation between the stocks and the indices, why use the return correlation instead of the price correlation?

The explanation is simple,

Suppose you own three stocks.

Stock A closed at 5 dollars a share yesterday and at 6 dollars a share today.

Stock B also closed at 5 yesterday and at 4 today. But it was also an ex-date for a $1 dividend.

Stock C closed at 100 yesterday and at 101 today.

As an investor, do you care about the price change ($1 in each case) or the return?

Conclusion is simple, because we want maximum returns for minimum risk

Tuesday, May 03, 2011

Matthew 6:19-21

19. Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal. 20. But lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. 21. For where your treasure is, there your heart will be also.

Thursday, April 28, 2011

Week 8 @ 7 Habits of Highly Effective People

Be proactive – Begin with the End in mind – Put First Things First – Think Win-Win – Seek First To Understand, Then To Be Understood – Synergize – Sharpen The Saw. I love the ball game. One week after the course, I can still recall all the 7 habits perfectly. Other than learning the 7 habits, we got two extra things from the class. A new organizer and a new bank account, the emotions bank account.

The 7 habits start off with being proactive. Without being proactive, the other 6 habits do not apply. Being Malaysians in general, people tend to be reactive rather than proactive. It is a common sight in Malaysia that when a question is thrown to the floor, we take a step back and let others take the lead. Most of us prefer to see how and what other people do, in order for ourselves to have a benchmark. I had learnt that in order to be proactive, we must make ourselves the benchmark.

According to Covey, there is a maturity continuum among the 7 habits. High maturity requires well practiced private and public victories. In terms of private victory, I would say that I have been doing all 3 habits prior to this. I just need to sharpen them. What I really wanted to learn from Nuri is the public victory.

Firstly, is to think win-win. Personally, this is going to be difficult. I honestly don’t see how this habit will work. In every gain, there is a lost. For every penny earned, the money has to come from somewhere. It is just a fact of life that, it is impossible to make everyone wins. My motive is just to ensure that, in everything I gain, the least damage will be caused, including emotional damages. Secondly, I need to learn to understand other people first. More often than not, I ignore what other people think. I am also quick in making assumptions and jumping into conclusions. Habit 5 reminds me that most of the time; my old habit could be devastating. Habit 6 will be the eventual step after Habit 5. I want to apply all these habits into my life.

The most important thing about the 7 habits is not to know about it, but to really apply it. “To learn about it, but not to apply it, it is really not learning it.” I quote this from Stephen Covey. I am ready to take the step forward to be a highly effective person not just at work, but my life.

Week 7 @ Class of Lateral Thinking

Week 7 - emotions running wild. The huge side of my mind is on the NEP final exams, while the other side is basically contemplating that we are going to leave HCDC in another week.

So here we are, week 7 in Lateral Thinking class.

Prior to the class, I always believed that I am a creative person, given the right place and ambience coupled with sufficient sleep the night before. I electrify my creative neutrons by constantly asking myself, “What would a normal person do, given similar circumstances?” and I’ll just do the opposite. Similar to lateral thinking, I have a fixed point which is the ultimate objective of the thinking process to begin with. However, there wasn’t a specific subject matter to branch out from. I just let ideas run wild and make the best out of everything that comes out.

At the beginning of every thinking process, it is important for us to adopt the TOPI tool. We need to embrace the threats and look into the opportunities through the problems while identifying spaces for improvements. Through lateral thinking, the main point is to define a focus, brainstorming, harvesting and generate new ideas. We always need to challenge our ideas; we need to see what the restrictions are and how we can incorporate these bad points into the ideas to get the best out of it. This is when we can also apply the CBA tool, cut whatever that is necessary with specific reasoning and come out with the best alternative.

During the class, there was a great thinking method that I picked up. The method is having a random entry in your thinking process. This is extremely useful when your thinking process hits a dead end. For example, my department (Risk Management) always seeks new ideas in promoting a risk awareness culture in the bank. The norms of course would be mass emailing, stress balls, mugs, posters, etc. With the method of random entry, I can just put a random word such as ‘giraffe’ and come out with a variety of new ideas.

My personal opinion is that, while the lateral thinking process is intriguing, it must be used carefully. In life, there are many occasions where people overanalyze about things which are unnecessary. My advice is to put a question before the lateral thinking process. Whether or not, we need lateral thinking. And why? Secondly, if we adopt the lateral thinking process by de Bono, eventually it builds up a thinking pattern and wouldn’t that be not lateral thinking again? At that point of time, are we suppose to break the pattern of de Bono and form the Tutu thinking? I reckon we should.

Sunday, April 17, 2011

God wants you to know

On this day of your life, Shawn, we believe God wants you to know ... that your pilgrimage to God is your pilgrimage to yourself.

It's never too late to start, and it's never too soon to take one more step on your pilgrimage.

Saturday, April 16, 2011

What Are Words - Chris Medina

Lily,

Cuz what kind of guy would I be
If I was to leave when you need me most

Week 6 @ The Malaysia Financial System

Six weeks gone and I am now more familiar with how the financial system within the country works and how Bank Negara comes into the picture. I must say, the more I learn, the more I am falling in love with the Bank and I am ever motivated to do my part to contribute to the Bank (the nation).

Bank Negara objectives are simple, promoting socio-economic development and preserving financial soundness and stability.

Prior to NEP, I always think that Bank Negara is the only organization that controls monetary matters within the country. I know nothing about the Security Commissions or even the LFSA. All I know is SC is a government body and that LFSA is a body that regulates the offshore financial matters. After the class with Shireen, I learn that Bank Negara manages components with regards to money as well as insurance, while SC deals with stocks, bonds, derivaties, etc, and LFSA manages everything under the sun in Labuan. Of course, there are some overlapping between SC and the Bank such as the capital market services.

Of course, I am not going to share what we can read from the slides.

When George Soros flexed his muscles in 1997, I was still in Form One back then. I was told that the 1USD is equivalent to RM4.20 instead of RM2.50 the day before. I asked my mum what happened. All she said was, some guy in the states bought a lot of Ringgit and decided to short them to make profit. Malaysia paid the price with the declination and volatility of the market and downgrading of our sovereign rating. Questions start popping up in my mind, wondering whether George was capable of outsmarting us all. After 13 years of asking, I finally got my answer from this class. We had strong fundamentals, but wasn’t able to avoid the crisis.

Since then, the financial system underwent a comprehensive transformation. Our banks now are capable of competing in international levels and that our financial sector is capable of meeting the evolving economic demands. The Bank has tested also strengthen the resilience of financial sector against and shocks while ensuring that consumer protections are not marginalized. The transformation has so far proven successful as Malaysia has gone through the worldwide financial crisis in 2008 without being heavily affected.

I would now say, I am proud that the Bank is capable to learn and grow from previous crises and we are still learning. Not only that we have now a strong conventional financial market, we have also reinforced ourselves as the international hub for Islamic financial services.

Thursday, April 14, 2011

Week 5 @ Class with The One and Only, Jackson Ng

My journal will be solely on the modules. I leave the comments on the coordinator for the others. LOL =p

I was glad to learn that business presentation was part of the NEP program because I really want to know how to deliver killer substances and yet not too ‘corny’ when I am presenting especially when it comes to something a little more technical. Besides, I always have great ideas for my presentations but I always fail to deliver them due to my stage fright.

There are a few things I picked up from class. The 8 steps in a convincing presentation, stating the problem, describe the negative effects, your recommendation, key features of the recommendation, benefits, evidence of the benefits, summary and the action that should be taken. This is a very useful tool not only for presentation but also for my usual conversation with people to sell an idea.

Always remember, “There is no perfect presentation because there is no perfect audience”.

Another thing that really got into my mind is the usage of props. It is pretty funny when I got a CD talking about the success of multi level marketing while I am presenting a topic related to my first love. But I must say, the prop really helped a lot in getting the attention of my audience.
To conclude, I have learnt some good points and bad points about my presentation techniques. Starting off with the good points, I have a good and clear voice. I have the ability to speak very loudly. From this session, I learnt that, I sometimes speak too fast. I might have problems delivering my ideas out to my audience in the future. This is something that I must work on. On top of that, speaking clearly and having the right pace really gives you an additional on-stage charisma.

I looked back at some videos and photographs taken during when I am presenting, I also learnt that I have an unconvincing body language. I hunched during my presentation, I move around aimlessly and I tend to put my hands into my pockets. All these show my lack of confidence when delivering my ideas. This is the other thing that I need to take note of.
I am glad to meet people like Mithra, Tania and the others for really presenting well. I learnt so much from them.

And lastly, I would like to take this opportunity to apologize to everyone for crying in class. It was kind of embarrassing too for me. I just wanted to show the sadness that Han Hui was having trouble with. Unfortunately for me, I went a few steps too far. Thanks Katie for the WET tissue and thank you all for the hugs and concerns. Not forgetting to thank Akmal on behalf of everyone for his feedbacks on everyone’s presentation. I honestly find it very useful.

Tuesday, April 12, 2011

Week 4 @ The Flat World (World Economy)

The world as I know it, only went round for a few years before becoming flat again. Geography tells us how the world is round while the world economy says otherwise. More significantly in the past few decades where we had seen the domino effect of financial crises, how one country (if not continents) collapses after another.

There are a few afterthoughts that I’ve got from the class with Jenny.

Firstly, the world is getting smaller and smaller with all the economical linkages. The world trades and cross border investments have increased exponentially in the past 3 decades as far as globalization is concern. Producers and investors are no longer satisfied fighting over small pies available in their local market. I think at some point in time, China will assemble almost all the consumer products available in the market and that they are scatter all over the world. However, not all the parts were produced in China. I had a chance to visit a Japan based factory in Kota Tinggi, Johor last year. Apparently, they produce the metal parts for the Blackberry logo (behind every BB phones in Asia - I was amazed because the process requires super high precision machineries) before sending them to Foxconn in China. See how a Canadian firm appoints a Japanese manufacturer who engages its Malaysia factory to produce parts to be sent to China and finally to be marketed around Asia?

Secondly, the world economy dominance has started to spread globally. We all would agree that in the past, major economies such as the US, England and Japan almost single handedly dictates the directions of the economy. In recent years, the likes of China, India, Russia and Brazil have joined the ranks. Economic conditions within these countries play a major role in setting the economic atmosphere across the regions. Luckily for us, the boom of these ‘awakening giants’ soften the blow of the recent subprime mortgage crisis that spurred a worldwide financial crisis. In many aspects, developing country such as Malaysia depend a lot of the wellbeing of such giants. We could see now that Malaysia is ‘decoupling’ from the US and able to grow under our own steam.

But most importantly, I fell in love with economics and am very much inspired by the people that we have here in the Bank. Being in JEK has now become a silent desire of mine. I would definitely want to emulate the likes of Jenny, Allen or even the governor herself if not outperforming them some day. Not only to mention the personal satisfaction that it gives me, being part of the economics team in the Bank really gives me a direct way to contribute to the nation and its people.

Sunday, April 10, 2011

Thursday, April 07, 2011

Week 3 @ The Code of Ethics (and Conducts?)

My definition of the code of ethics, CoE is ‘A set of rules created due to the nature of the organization where each employee is required to abide should they be employed to ensure that the working environment and reputation were not compromised’.

Having heard so much about being a central banker prior to joining The Bank, I kind of had an impression on how strict The Bank is going to be. Being someone that just doesn’t abide by the rules, I can’t help but wonder if I would be a good fit in the organization. Somehow, I joined. Don’t get me wrong, I don’t like breaking the rules, I just feel that one should behave with integrity and honesty to oneself rather than behaving so, just because the regulations say so.

Being brought up in a single parent family, my mum had always brought me to her office everyday to ensure that she can keep an eye on me when she’s at work. Being a multinational organization, one would expect the lengthy CoE. Being the innocent me, I always pop up questions such as why the men have to wear ties even when the sun is blazing hot. And why do people behave and talk so differently when they are inside the office. As I grow up, I learn that everyone within an organization is governed by two sets of rules. One being the written CoE and the other, I would name it the “unwritten” CoE. Well, that is the real world, isn’t it?

Anyway, let’s get back to topic. Having worked in a different organization before joining The Bank certainly gives me something to compare to. Other than the generic guidelines on sexual harassment (Yes, Tania and Huihui, sexual harassment), punctuality and the ‘what’s not’, The Bank and my previous employer is totally different in their CoE. Being an American company, there are certainly more leniency within the CoE. For example, the non compulsory tie at work and the casual Fridays.

Since joining Bank Negara, I changed from hating ties to loving them. I really believe a tie actually changes one’s professionalism outlook. Having a tie, it shows that your job is relatively more serious and you really mean business. Being a central banker now, I feel that it is a necessity to portray such image.
Regarding casual Fridays, I really have to disagree to the saying of casual Fridays make people lazy at work. In fact, being in a casual outfit made me work better as I feel more comfortable and a little more stress free. My creativity blossoms under such conditions.

It is really an open verdict on the importance of the CoE. I shall leave it for everyone to decide for themselves. What I learn most in life is that, rules and regulations will never ceased to exist. The important thing is that, we must live true to ourselves and never do things that will reflect badly on the organization and the people you are involved with.

Thursday, March 24, 2011

Week 2 @ The Museum

The museum presentation is certainly my favorite presentation to date. We were showered with photos and information of what would be a state-of-the-art museum anywhere in the world. And of course, the presenter played a “huge role”. Most of you would know what I mean.

It has always been my hobby to collect currencies all over the world. The easiest of course being the Ringgit. The highlight of my collection will certainly be the discontinued RM20 (I can’t afford to have RM500 back then) note, both the discontinued version and the one before. In my collections, I also have the uncut series of RM10. Just imagine having 3 pieces of RM10 glued together. Only during this NEP program, I realize it has a transportation theme behind it. Of course, there was no museum back then to tell us about the currencies. Not only that there’s going to be a museum, it actually has the Million Ringgit Tunnel. Apparently, the tunnel is a collection of the notes and all that it has since the Malaysia and Borneo currency. I would definitely be wow-ed by that.

So here’s a heads up about the museum. It is going to be open to public this coming October and it runs on a daily basis. It houses the Bank Negara Malaysia, Children’s, Islamic Finance, Economics, Numismatics and Art galleries. There is a must visit section within the Economics gallery where you will find an attraction namely, “Managing The Economy”. I would really want to get my hands on that just to get a feel of what it’s like being the Minister of Finance for one day. What makes the museum so much closer to me as it is to the many future visitors is that, I would get the chance to be visiting the museum almost every day since RMD is going to be located in the same building. I am just praying that the parking lots allocated, are sufficient to accommodate us all.

Having visited several famous museums in the world, I just can’t wait for this October. I can’t wait for kids and some foreigners to learn what the Malaysian currency is all about. See you guys there!!! And do remember to ask me out for lunch (Gentle reminder that my office is at Sasana).

Me, Mazuki and Falahi also bought the collar pin of Bank Negara and it is now a symbol of our bromance. Ki and Falai, remind me to buy the “thing” from the museum people at the end of the course.

Sunday, March 20, 2011

Week 1 @ Langkawi

The day came 22nd, I was glad that I am finally out of the office, to the beach after spending most of my last two years in a cubicle.

What else beats teambuilding in the duty free land of Langkawi? The last one I had, I was on the flying fox, climbing walls, beach volleyballs, rafting, etc. I had so much in mind for this Langkawi trip. Little did I know, what was in store is 4 days of in-the-class activities learning on i-ACTED. I have always believed that values can't be taught and it’s something that we learn through life experiences. Otherwise, I will just be keeping those values because I was taught to rather than I want to.

However, I was in for a treat to learn how the values and the pillars shape the Bank to what it is today. Having said so, Bank Negara has become a respected and successful organization while becoming one of the points of reference for other central banks in the world. Prior to this, I had always defined “authoritative” as having various authorities within the financial industries within the country. In short, I fell in love with the bank and I am proud to become a central banker. Having to incorporate all the values into a group mural was really the icing on the cake. Thank you Falahi for making it happen.

Luckily for us, it wasn’t all about classes when Shamsul finally brought us out for kayak on the last day of the teambuilding after way much of persuasion. Amen. I was also blessed with some funky, smart yet reliable mates, Akmal, Kath, Tania and Sheli. We formed two kayaks into a shape something we would believe is aerodynamic and trashed Langkami’s team. Unfortunately, we only ended up in second place losing to Hash, the worthy champions. All I can say is, the yellow Kayak failed us and there were totally nothing wrong with the human elements of my team.

To reflect back the week, I really had a fantastic time getting to know 16 new fellow colleagues and a handful from HCDC. I would really like to express my gratitude to HCDC for making this happen. The highlight was listening to Pn. Arlina sharing her lifelong experience with the bank. I really learnt a lot from her and Shamsul in incorporating the 6 core shared values within my career in Bank Negara. I am really to play my part for the Greater Good of the Nation.

Wednesday, February 16, 2011

Defining Me

You would be very happy in a career that utilised your people skills. You want a career that allows you to stimulate your senses and your mind. Some careers that would be perfect for you are:

Actor
Recruitment Consultant
Politician
Marketing
Psychologist
Religious Minister
Teacher
Social Worker
Human Resources Manager
Sales
Lawyer
Advertising

You are a great leader. You genuinely enjoy being around other people. Your relationships with others are very important to you. You love talking and meeting new people. You are very enthusiastic about work and about all that you do and have in your life. You love being the focus of attention. You enjoy a fast pace. You are very socially oriented. Therefore, you are much happier being with others than you are alone. You crave interaction with others.

You are very spontaneous and often act before you think. You are always quick to answer when you are asked a question, even if you aren't sure of the answer. It is easier for you to improvise as you go along. You enjoy thinking out loud, and are most creative when brainstorming with friends or colleagues. You enjoy being involved in many activities.

You are very easy to read, and often wear your heart on your sleeve. You are never afraid to tell people what you think. You are very empathetic and genuine. You can sometimes be seen as over-emotional or too involved by others. But that is only because you tend to get so involved in the things you do that they become personal.

You want to be adored, loved and appreciated. You like to please others and to make sure people are happy.

You trust what is certain. You only like new ideas if they can be practically applied to the situation. You value what is real. You use your common sense. You like to utilise the skills you have instead of learning new ones. You are very specific and detailed when writing or talking to others. You follow directions well. You like things to be laid out for you to do instead of working them out for yourself. You like decisions to be made. You don't like leaving things in limbo. You like to know what you are getting into before you commit to something.

You like to focus on the here and now. You enjoy completing projects. It is important for you to achieve and succeed. Therefore, you believe in working hard and playing later. You like to set goals and work towards them.