Wednesday, January 4, 2012

Euro Debts eliminations

The challenges of Deficit Thinking Approach has been create tremendous problems to many countries especially in EU. Using debt to enjoy the happy go lucky lifestyles without financial disciplines and control. A lot news talk about Euro Debts Collapse and no country are safe.

We suggest by changing the thinking pattern to Assets Based Thinking and using Positive Possibility Thinking method to simulate better solutions and decisions to overcome ITS. May be EU got exit policy for countries whom may option to be issuing own currency, ie. Greece. If Greece can apply Capital Control Policy like Malaysia government implemented before during Asia Currency crisis. which may peg on Euro and US dollar on reasonable currency rate to avoid market crash or loss confidence. At the same time, Greece Gov. can focus and plan more Public Infrastructure, Utilities, Public Housing Programme etc to boost up it own economy and creating more employment to it people. Educate public and government servants to have ABT approach for next few years to build up its own strength and better financial status.

Which choose or allow one country exit from EU dollar group with stable and manageable capital control policy with IMF assistant, it may be create better options for those PIIGS to follow or modelling. Weak leadership and complication between politic and economy sectors may create many unresolved matters or spin off bigger egotism issues of certain leaders.

Just suggestion after reading many negative news about EU Debts matters.

Tuesday, October 6, 2009

Why most businesses facing never ending challenges?

According to Mr. Konosuke Matsushita, we as a person and business; challenges, set back and problems will happen and it happening everyday and it part of us. However, it is depend on us how do we facing its, finding solutions and moving forward.

Ultimately, from personal perspective whether this challenges create/due to/impacted by our self as an individual Or our external environment. Or may can said controllable or non-controllable by human being.

From SME biz environments, founders or CEO own mind set and experiences can share with us most of their challenges are due to lacking of personal and professional development in areas of multi-discipline fields or by not having multi talented in his/her team members. During the tough times, most of biz having cash flow challenges. How they try to solve its?

High Risk taker - Will take loan from bankers by providing Grade A financial statement with high volume of income and profit margin; willing to pay more taxes as proved for bankers.

Moderate Risk taker - Will take several actions to understand in detailed of working capital items and it potentially can be improve immediately or short term period, study of products and services margin ratio and risk/reward analysis; collection and repayment time frame; cost reduction policies; generate more revenue stream etc. BEFORE apply for new Loan from bankers.

Ultra High Risk Gamblers - will by new, fancy and luxurious CARS & Houses, then expected people will doing more business with or for him. "because i am ...."

What we found, many successful business person are person who are HUNGRY for knowledge and wisdom, ATTITUDE of NEVER, NEVER, NEVER GIVE up; Balance in Life and Family relationship; Accountable to the TEAM, Society and Country as well.

Together Everyone Achieves More.

Friday, February 27, 2009

Ideas of ABT

ABT means Assets Based Thinking. Originated from www.assetbasedthinking.com by Kathryn D Cramer& Hank Wasiak and Their Book title call "CHANGE"

ABT is a CHOICE not a personality traits.

Change the way WE see ourselves.
Change the way WE see other people.
Change the way WE see situations.

ABT just fixed to our services in areas of accounting, business advisory and tax & training consultancy.

We devote ourselves to educate and promote Asset Based Thinking to each individuals, family and businesses & government agencies.

Current economy challenges mainly affected by Deficit Based Thinking approach and TRUST issues. We believe many of us may learn lessons from this crisis and be prepare to face its, accepts and find possible solutions to overcome it.

We must more FOCUS to the choice of what shall we do NOW and not really what should we prepare to do in FUTURE.

"THE POWER OF NOW" - that what we believe and apply to our firm.


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