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Today, Knowledge Management today are not limited merely to : (A) 'knowing' or 'reading lots of books/scholarly articles' or (B) data mining, analysis, decision making, preventive actions, or (C) some Human Resources Management issue or (D) some ICT issue. Knowledge Management is about putting your knowledge, skills and competency into practice and most important IT WORKS! For you and your company or your business (Nik Zafri)


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NIK ZAFRI BIN ABDUL MAJID, CONSULTANT/TRAINER
Email: nikzafri@yahoo.com, nikzafri@gmail.com
http://www.nikzafri.blogspot.my

Kelantanese, Alumni of Sultan Ismail College Kelantan (SICA), Diploma (Management), IT Competency Cert, Certified Written English Professional US. Has participated in many seminars/conferences (local/ international) in the capacity of trainer/lecturer and participant.

Affiliations :- Council Member of Gerson Lehrman Group NY, Institute of Quality Malaysia, Malaysian Institute of Management, Malaysian Occupational Safety and Health Professionals Association, Auditor ISO 9000 IRCAUK, Auditor OHSAS 18000 (SIRIM and STS) /EMS ISO 14000:2004 and Construction Quality Assessment System (CONQUAS, CIDB (Now BCA) Singapore),

* Possesses 26 years of experience/hands-on in the multi-modern management & technical disciplines (systems & methodologies) such as Knowledge Management (Hi-Impact Management/ICT Solutions), Quality (TQM/ISO), Safety Health Environment, Civil & Building (Construction), Manufacturing, Motivation & Team Building, HR, Marketing/Branding, Business Process Reengineering, Economy/Stock Market, Contracts/Project Management, Finance & Banking, etc. He was employed to international bluechips involving in national/international megaprojects such as Balfour Beatty Construction/Knight Piesold & Partners UK, MMI Insurance Group Australia, Hazama Corporation (Hazamagumi) Japan (with Mitsubishi Corporation, JA Jones US, MMCE and Ho-Hup) and Sunway Construction Berhad (The Sunway Group of Companies). Among major projects undertaken : Pergau Hydro Electric Project, KLCC Petronas Twin Towers, LRT Tunnelling, KLIA, Petronas Refineries Melaka, Putrajaya Government Complex, Sistem Lingkaran Lebuhraya Kajang (SILK), Mex Highway, KLIA1, KLIA2 etc. Once serviced SMPD Management Consultants as Associate Consultant cum Lecturer for Diploma in Management, Institute of Supervisory Management UK/SMPD JV. Currently – Associate/Visiting Consultants/Facilitators, Advisors for leading consulting firms (local and international) including project management. To name a few – Noma SWO Consult, Amiosh Resources, Timur West Consultant Sdn. Bhd., TIJ Consultants Group (Malaysia and Singapore) and many others.

* Ex-Resident Weekly Columnist of Utusan Malaysia (1995-1998) and have produced more than 100 articles related to ISO-9000– Management System and Documentation Models, TQM Strategic Management, Occupational Safety and Health (now OHSAS 18000) and Environmental Management Systems ISO 14000. His write-ups/experience has assisted many students/researchers alike in module developments based on competency or academics and completion of many theses. Once commended by the then Chief Secretary to the Government of Malaysia for his diligence in promoting and training the civil services (government sector) based on “Total Quality Management and Quality Management System ISO-9000 in Malaysian Civil Service – Paradigm Shift Scalar for Assessment System”

Among Nik Zafri’s clients : Adabi Consumer Industries Sdn. Bhd, (MRP II, Accounts/Credit Control) The HQ of Royal Customs and Excise Malaysia (ISO 9000), Veterinary Services Dept. Negeri Sembilan (ISO 9000), The Institution of Engineers Malaysia (Aspects of Project Management – KLCC construction), Corporate HQ of RHB (Peter Drucker's MBO/KRA), NEC Semiconductor - Klang Selangor (Productivity Management), Prime Minister’s Department Malaysia (ISO 9000), State Secretarial Office Negeri Sembilan (ISO 9000), Hidrological Department KL (ISO 9000), Asahi Kluang Johor(System Audit, Management/Supervisory Development), Tunku Mahmood (2) Primary School Kluang Johor (ISO 9000), Consortium PANZANA (HSSE 3rd Party Audit), Lecturer for Information Technology Training Centre (ITTC) – Authorised Training Center (ATC) – University of Technology Malaysia (UTM) Kluang Branch Johor, Kluang General Hospital Johor (Management/Supervision Development, Office Technology/Administration, ISO 9000 & Construction Management), Kahang Timur Secondary School Johor (ISO 9000), Sultan Abdul Jalil Secondary School Kluang Johor (Islamic Motivation and Team Building), Guocera Tiles Industries Kluang Johor (EMS ISO 14000), MNE Construction (M) Sdn. Bhd. Kota Tinggi Johor (ISO 9000 – Construction), UITM Shah Alam Selangor (Knowledge Management/Knowledge Based Economy /TQM), Telesystem Electronics/Digico Cable(ODM/OEM for Astro – ISO 9000), Sungai Long Industries Sdn. Bhd. (Bina Puri Group) - ISO 9000 Construction), Secura Security Printing Sdn. Bhd,(ISO 9000 – Security Printing) ROTOL AMS Bumi Sdn. Bhd & ROTOL Architectural Services Sdn. Bhd. (ROTOL Group) – ISO 9000 –Architecture, Bond M & E (KL) Sdn. Bhd. (ISO 9000 – Construction/M & E), Skyline Telco (M) Sdn. Bhd. (Knowledge Management),Technochase Sdn. Bhd JB (ISO 9000 – Construction), Institut Kefahaman Islam Malaysia (IKIM – ISO 9000 & Internal Audit Refresher), Shinryo/Steamline Consortium (Petronas/OGP Power Co-Generation Plant Melaka – Construction Management and Safety, Health, Environment), Hospital Universiti Kebangsaan Malaysia (Negotiation Skills), Association for Retired Intelligence Operatives of Malaysia (Cyber Security – Arpa/NSFUsenet, Cobit, Till, ISO/IEC ISMS 27000 for Law/Enforcement/Military), T.Yamaichi Corp. (M) Sdn. Bhd. (EMS ISO 14000) LSB Manufacturing Solutions Sdn. Bhd., (Lean Scoreboard (including a full development of System-Software-Application - MSC Malaysia & Six Sigma) PJZ Marine Services Sdn. Bhd., (Safety Management Systems and Internal Audit based on International Marine Organization Standards) UNITAR/UNTEC (Degree in Accountacy – Career Path/Roadmap) Cobrain Holdings Sdn. Bhd.(Managing Construction Safety & Health), Speaker for International Finance & Management Strategy (Closed Conference), Pembinaan Jaya Zira Sdn. Bhd. (ISO 9001:2008-Internal Audit for Construction Industry & Overview of version 2015), Straits Consulting Engineers Sdn. Bhd. (Full Integrated Management System – ISO 9000, OHSAS 1800 and EMS ISO 14000 for Civl/Structural/Geotechnical Consulting), Malaysia Management & Science University (MSU – (Managing Business in an Organization), Innoseven Sdn. Bhd. (KVMRT Line 1 MSPR8 – Awareness and Internal Audit (Construction), ISO 9001:2008 and 2015 overview for the Construction Industry), Kemakmuran Sdn. Bhd. (KVMRT Line 1 - Signages/Wayfinding - Project Quality Plan and Construction Method Statement ), Amiosh Resources - (1) Lembaga Tabung Haji - Flood ERP (2) WNA Consultants - DID/JPS -Flood Risk Assessment and Management Plan - Prelim, Conceptual Design, Interim and Final Report etc. (3) Tunnel Fire Safety - Fire Risk Assessment Report - Design Fire Scenario), Safety, Health and Environmental Management Plans leading construction/property companies/corporations in Malaysia. Timur West Consulting (1) Business Methodology and System (2) Information Security Management Systems (ISMS) ISO/IEC 27001:2013 for Majlis Bandaraya Petaling Jaya ISMS/Audit/Risk/ITP Technical Team

* Has appeared for 10 consecutive series in “Good Morning Malaysia RTM TV1’ Corporate Talk Segment discussing on ISO 9000/14000 in various industries. For ICT, his inputs garnered from his expertise have successfully led to development of work-process e-enabling systems in the environments of intranet, portal and interactive web design especially for the construction and manufacturing. Some of the end products have won various competitions of innovativeness, quality, continual-improvements and construction industry award at national level. He has also in advisory capacity – involved in development and moderation of websites, portals and e-profiles for mainly corporate and private sectors, public figures etc. He is also one of the recipients for MOSTE Innovation for RFID use in Electronic Toll Collection in Malaysia



Risk Based Thinking ISO 9001:2015

(The answers provided are not to be deemed as solutions but basic guidelines, please contact me for further details of consultancy and training)

Q : Do I issue NCR for Risk Identification/Assessment? (i.e. HIRARC)

A : Risk Identification/Asessment and even HIRARC itself is an assessment NOT an audit/inspection. Please do not confuse the two. When we talk about risk, the word "proactive" must always come into the picture. Risk Based Thinking in the new ISO 9001:2015 is previously known as "Preventive Action" but spoken in a wider sense.

If you are using HIRARC, then there are "marks" to denote severity and likelihood of the risk being identified. You can note suggestion or instruction for improvement based on your findings and discuss in your Management Review.

Q : I am a newbie in Risk Management, where to start on Risk Based Thinking during upgrading from the old version?

A: ISO 9001:2015 do not make it "a must" to have a full risk management. Unless it's already part of your core business process (especially planning), e.g. using HIRARC, then that's different. Look at your core business process and identify/ brainstorm the possible risk associated with every process where applicable. Using the Risk Register would be a good idea.

The reason why "Risk Based Thinking" is introduced into ISO 9001:2015 is because to reduce non-conformance and customer complaints, to justify clearly (substantiated with evidence) the Department/Unit Objectives, KPI/KRA, Balance Scorecard etc. (not simply pick up a figure from 'the sky')

Note :


TO SEE ALL ARTICLES

ON THE"LABEL" SECTION BELOW (RIGHT SIDE COLUMN), YOU CAN CLICK ON ANY TAG - TO READ ALL ARTICLES ACCORDING TO ITS CATEGORY (E.G. LABEL : CONSTRUCTION) OR GO TO THE VERY END OF THIS BLOG AND CLICK "Older Posts"

Monday, June 09, 2008

The Star Global Malaysians Forum

nikzafri-11 January 2006 at 9:48pm wrote:

Someone very wise** once told me (in 1998) - during my 'downfall'

(** - Ybhg Tuan Haji Ahmad bin Che Din of Taman Merdeka, Selama, Perak - my mentor)

1. Invest in Gold
2. Invest in Agricultural Products

Not long after that, the Honourable Tun Dr. Mahathir started to talk about prospects of 'Dinar Emas and Gold Coins'. In 2005, YAB Prime Minister, Dato Seri Abdullah Ahmad Badawi gave further and stronger emphasis on expanding the prospects of Biotechnology (focus : agricultural). It's not something to be too serious about or 'hitting the panic button' scenario but it's something worth pondering.
-----------------------------
Today, as reported in the Star :

http://thestar.com.my/news/story.asp?file=/2006/1/11/nation/13075088&sec=nation

Rising value of gold makes it a good investment

By EDWARD RAJENDRA
edward@thestar.com.my

KLANG: Step aside, athletes. Businessmen are going for gold these days.

Federal and Selangor Indian Goldsmith Association adviser N.P. Raman believe that businessmen and cash-rich people were purchasing gold for investment.

“It is business logic to include gold in a diversified investment portfolio. Gold can act as a hedge against inflation. Keeping your assets in gold is sound economic sense,” he said.

Yesterday, the gold price stood at RM2,090 an ounce, compared with RM1,617 on June 5 last year.

Raman said that for those with cash, gold was a good buy as long-term savings, and added that gold coins would be a better choice.
“A person who buys gold coins now would get the market price of the day when he decides to sell it,” he said.

Going by the market trend now, Raman said, the price of gold was expected to escalate.

“Right now, it is about RM70 a gram, and is expected to hit RM100 per gram in two to three months,” he said.

Raman operates from Jalan Tengku Kelana, where scores of goldsmiths are located.

Most of them are worried that middle-income people, who form the bulk of their customers, will not be able to afford gold now.

“For Indians, the period between mid-January and March 15 is an auspicious time for weddings. It is a time for a roaring business but now couples are resorting to simple three-pound gold chains instead of nine pounds. Their buying power has weakened,” he said.

Nik

It's not something to be too serious about or 'hitting the panic button' scenario but it's something worth pondering.

-----------------------------------
Here it comes again :

http://biz.thestar.com.my/news/story.asp?file=/2006/2/3/business/13290549&sec=business

Gold hits 25-year high in London

LONDON: Gold rose to a 25-year high in London as gains in crude oil prices increased speculation that inflation will accelerate, eroding the value of assets such as stocks and bonds.

Gold rose 18% last year in London as investors bought the metal as a hedge against record oil prices stoking inflation.

Oil rose before the United Nations' atomic watchdog meets today to consider referring Iran's nuclear programme to the Security Council, which may impose sanctions the second largest exporter in the Organisation of Petroleum Exporting Countries (Opec).

nikzafri - 02 January 2006 at 5:41pm wrote:
http://www.globalmalaysians.com/forum/forum_posts.asp?TID=465&PN=1
3) ...Have a 'cushion to fall on' in the case of inflation...

“Rising oil prices will continue to keep gold prices buoyant this year, as it's likely to lead to inflation,” Ross Norman, an analyst at TheBullionDesk.com, said in an interview yesterday.

Gold for immediate delivery rose as much as US$3.85, or 0.7%, to US$573.20 an ounce, the highest since January 1981. It traded at US$572.99 at 10:09am London time.

The situation in Iran was a “double whammy” for the gold market, Norman said.

“It increases geopolitical tension as well as oil prices, both of which are good for gold,” he added.

Crude oil for March delivery rose as much as 63 US cents, or 1%, to US$67.19 a barrel in electronic trading on the New York Mercantile Exchange.

World gold prices are likely to rise to US$610 an ounce by March/April, but this is unlikely to deter Indians from importing the same amount of the precious metal in 2006 as last year, according to the head of the country's leading bullion trade body.

Mukul Sonawala, president of the Bombay Bullion Association, said on Wednesday that gold could see a small correction before it rose again.

He said a price of US$540 per ounce would provide a buying opportunity.

“There is inherent strength in the market,” Sonawala told Reuters. “All the fundamental factors are pointing to that.” – Agencies
---------------------------
Posted: 24 February 2007 at 3:34pm

My Gold Fact Sheet

Gold price indicates:

a) inherent value
b) quoted currency relative strength

On Supply/Demand

- the price will always be stable and doesn't seem to be much effected by even reduction in supply or in net selling by the bank,

- demand - be it raw material or investment) still going high - (you can simply based on sales of jewellery - ask my wife)

- supply - production results, hedging by mining companies, scrap/net sales by bank -all still going steady

Investment

As Portfolio diversifier. All over the world, calculation is based on standard
returns correlation/volatility.

And of course - Gold is a Reserve Asset.

What? There's more?

- inflation seem to have not much effect on Gold as well,
- Gold is all time purchasing power indicator,
- Gold's liquidity power is guaranteed,
- in case anything happen (even market crash), gold will come to the rescue
- provide confidence, insurance, assurance and security (try keeping them, or perhaps buy a genuine Rolex at least, you'll know)

END OF LINE....

Agriculture

(Search the NET..you'll know)

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