In Malaysia ‘semua boleh’ – everything is possible

[superadmin]

It seems we have a freshly-baked scandal in Malaysia. This time, it is about the littoral combat ship project (LCS), which was ordered for the defence of our nation.

News broke a week ago that apparently the defence ministry and Boustead Naval Shipyard (BNS), a private contractor appointed for this order, had ignored the Royal Malaysian Navy’s assessments on the appropriate class of ships for this LCS project. The deal has now morphed into the LCS scandal.

The agreement was inked in 2011, and the government paid out over RM6 billion for the project then, which was given to BNS through direct negotiations. Yet, 11 years on, there is not one ship in sight.

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[superadmin]

Don’t let a culture of corruption corrupt our society

The CEO of my former company once said that although the smart people at Harvard have said company culture doesn’t help a company’s success, he chose to ignore it and forge ahead to create a strong one anyway.

The results were spectacular. We gained revenue and especially market share, increased our stock price by over 600% in three years, and tremendously improved employee engagement.

We ate the competitors’ lunch. It was delicious and we had fun while at it.

Many admired our company culture, and wanted to reproduce it. But they often focused on only the visible part of the culture – open offices, flexible working environment and other “fun” stuff.

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