Tuesday, September 18, 2012

Think Big Dream High,E22-We Must Have Courage To Implement An Idea



Ideas

1.A good idea will be meaningful only when it is implemented. To implement an idea you  have to be brave, courageous and available resources at your disposal.

2.Everybody have ideas. It may be good and workable or it may be bad. Ideas derived are dependent on our background, our experience, our education, our readings, our environment and our social life. The higher our education does not necessarily mean our ideas are better. Whatever idea and whoever comes up with the idea is not important. The important thing is that when the idea is implemented the results are effective and lucrative.

3. Not all ideas are relevant most of the time. Ideas relating to business opportunities have a shorter lifespan. Slow in making decisions and taking action resulted in opportunities leaving us and highly likely not coming back again!

 Reality in life

1.We have too many good ideas. We take too much time and using too many resources discussing about so many ideas. We often discuss the same ideas at different times. We often shed our responsibilities by passing certain ideas to others on the pretext that it is not in line with our roles and responsibilities.

2. There are not many who are willing to implement these ideas. There are not many who are willing to take the risk to implement these ideas. There are not many who are willing to take the first step to implement these ideas.

3.In general, all ideas can be divided into two categories. Ideas generated by normal people and ideas produced by professionals involved in R&D who are knowingly innovative and creative. Ideas from the first group are ad-hoc, no need to have disciplinary thinking to come up with the ideas. Ideas from the second group are more structured and produced from the laboratory  in a disciplined manner. Ideas from the second group are more related to technology. As an example, producing car models using solar energy, car designs which are aerodynamic etc. It is beyond a normal person’s capability.

4. Our discussion centered on the first category i.e. involving we as  normal people. We often heard the story of a marketing officer proposing to a big shoe manufacturer to open its shoes business in Africa once a upon a time. The irony of it is that none of the Africans met wore shoes. His boss told him that it was a crazy idea as no one will buy the shoes from his company. Actually, it was a good idea as this meant chances to sell shoes in Africa are  good compared to the market where most of the population are wearing shoes.

5. The same goes with an office boy’s idea of replacing the live plants in the office with plastic ones. This is a good idea as plastic plants are cheaper to maintain as they do  not need to be fertilized and watered everyday. Imagine the benefit of replacing thousands of trees for every office in a 38 storey building.

6. Both of these ideas have been implemented by the respective bosses and it has proven to be effective and lucrative.

Tips

1.As an example, a mother of a 3 year old boy found that her child is following the father’s footstep of having interest in cultural activities such as singing and dancing. This mother is worried that the child will be a singer.

2. The mother got an idea from her friend to train her child to become a doctor but maintain the interest in singing for himself only. The mother was attracted to the idea. According to the friend as the child is closer and within the mother’s control, from now on she should bring up her child to be interested in maths and science and reduce the interest in singing bit by bit.

3.Firstly, she bought toys on the subject of maths, science and medical doctor and not musical instrument. The child showed a positive response and started to show a keen interest in both maths and science. This made her happy.

4. Her second step was to open a mutual fund account in the child’s name amounting to RM10,000 in the hope that in 15 years time this investment with compounded dividend and capital appreciation will amount to about RM200,000 enough to bear his initial expenses to enter a medical school. Then he will apply for the government scholarship or loans.

5.The barriers to the implementation of all ideas revolves around  our in-depth understanding  of these ideas. We know the idea is good but we are a bit blurry as to how to implement this good idea.

6.What process to be followed. What will be the first step. How much resources are required. What is the measurement of success? What is good and bad about it. How to curtail and find the solution if there are problems. What are the conditions, regulations and policies to ensure that it can be implemented smoothly.

7.How to handle expansion and success beyond expectation. We need to make a reasonable analysis on the possibilities or feasibilities. We need to be clear on what needs to be carried out to ensure that the idea is effective and workable. We need to make sure that there are no gray areas  and vagueness in its implementation. We need to brainstorm with our friends, our employees, our boss and those involved in the implementation of the ideas beforehand.

8. The consultation process is important so that all issues relating to the idea is not overlooked. We need to follow a detailed checklist. We need to have a proper scheduling and a gantt chart of activities to be Implemented from start to finish.

9.What is more important is our gut feeling on these ideas i.e. whether it is workable or otherwise, profitable or not. We need to have a strong belief and confidence that the ideas will be successful. As a Muslim we need to pray, doa  and seek guidance from Allah SWT. When the guidance and direction  is clear then we should proceed. To always be brave to take risk in implementing a good idea, we must at all times, think big dream high and have a strong heart. 











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