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  • 2011 Budget Overview

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    Dseven Amn
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    The document discusses Mohd Zulkufli Zakaria's presentation on the 2011 Malaysian budget. The presentation covers several key points about the 2011 budget, including that the total budget is expected to be RM212 billion, an increase of 2.8% from 2010. It also notes the budget includes RM162.8 billion for operations and RM49.2 billion for development. The presentation provides an overview of the 2011 budget and its relation to Malaysia's Economic Transformation Program (ETP) goals. It aims to help attendees understand and analyze the 2011 budget from a strategic perspective.

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    The document discusses Mohd Zulkufli Zakaria's presentation on the 2011 Malaysian budget. The presentation covers several key points about the 2011 budget, including that the total budget is expected to be RM212 billion, an increase of 2.8% from 2010. It also notes the budget includes RM162.8 billion for operations and RM49.2 billion for development. The presentation provides an overview of the 2011 budget and its relation to Malaysia's Economic Transformation Program (ETP) goals. It aims to help attendees understand and analyze the 2011 budget from a strategic perspective.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    10 views40 pages

    2011 Budget Overview

    Uploaded by

    Dseven Amn
    The document discusses Mohd Zulkufli Zakaria's presentation on the 2011 Malaysian budget. The presentation covers several key points about the 2011 budget, including that the total budget is expected to be RM212 billion, an increase of 2.8% from 2010. It also notes the budget includes RM162.8 billion for operations and RM49.2 billion for development. The presentation provides an overview of the 2011 budget and its relation to Malaysia's Economic Transformation Program (ETP) goals. It aims to help attendees understand and analyze the 2011 budget from a strategic perspective.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 40

    11/2/2010

    Budget Screening Overview


    - A strategic ApproachApproach-

    Speaker: Mohd zulkufli Zakaria


    Building competitiveness through human capital Breaking New Ground!.....

    11/2/2010

    AWARENESS
    Introduce yourself:
    Name Personal Logo ( E.g.: I made RM1.2 m sales last year)

    Introducing myself:
    Name Occupation Qualification Brief History Personal Logo (I have negotiatedand turn aroundco)

    11/2/2010

    Discussion Objectives

    To understand the key important


    areas of 2011 budget

    To relation of 2011 budget to ETP To view in the perspective of


    strategic approach

    11/2/2010

    Tips of the day for Marketers

    11/2/2010

    MANAGING YOUR THINKING


    WHEN YOU CHANGE YOUR THINKING, YOUR BELIEVE WILL CHANGE, WHEN YOUR BELIEVE CHANGE YOUR HOPE WILL CHANGE; WHEN YOUR HOPE CHANGE YOUR ATTITUDE WILL CHANGE; WHEN YOUR ATTITUDE CHANGE YOUR BEHAVIOR WILL CHANGE; WHEN YOUR BEHAVIOR CHANGE YOUR RESULT WILL CHANGE; WHEN YOUR RESULT CHANGE

    YOUR LIFE WILL CHANGE

    11/2/2010

    The IDEA IS : It is important to manage your thinking

    11/2/2010

    2011 BUDGET

    11/2/2010

    Budget 2011 any idea?

    11/2/2010

    Budget 2011 any idea?

    11/2/2010

    Need to understand why?

    Information nervous system

    New Competitive Trend

    Consumer behavior changes due to globalization

    New Economic Model

    Economic Transformation Program

    New Generation

    New Market Opportunities

    10

    11/2/2010

    Our Country situation

    11

    11/2/2010

    12

    11/2/2010

    2011 Budget?
    Hope new budget new income
    new hope improvement in way of life. 2011 budget Total Budget : RM 212 B
    a 2.8% increase from 2010?

    Operation expenses : RM 162.8 B Development Expenses : RM49.2 B

    13

    11/2/2010

    2011 Budget?
    RM 80 billion package?
    Package or budget? Size difference? How much spend?

    14

    11/2/2010

    2011 Budget?
    2011 budget GDP decline
    5.4 % 2011 : 5.6% 2010

    Any new improvement to 2011


    compared to 2010?

    15

    11/2/2010

    Significant point?

    16

    11/2/2010

    17

    11/2/2010

    2011 Budget?
    Any significant booster for
    insurance industry? Impact of policy changes
    Time to emerge Recovery x3 6 month to 1 year

    Impact?

    PEST /STEEP

    18

    11/2/2010

    Report on General Insurance


    Year 2003 2005 2006 2008 2009 2010 Approximate amount RM 6 billion RM 7 billion < RM 2 billion App. RM 5 billion RM2.5 billion ? Growth in % 10% 12% 2% 8% 4% ?

    19

    11/2/2010

    Global Information
    World Bank report 2002
    6 billion world population by 2011 25% Muslim

    Fastest growing Banking Industry


    Islamic Banking in App. 40 major Muslim countries App. 15 minority Muslim countries

    2001 : Islamic Banking sector


    growth USD 200 billion : 15% annual growth

    20

    11/2/2010

    Global Information
    Acceptable trend Emergence of Islamic Insurance
    Takaful
    Judicial Conference :: 1398 AH in Mecca

    21

    11/2/2010

    What the Government has done?

    22

    11/2/2010

    23

    11/2/2010

    ETP: 131 entries 12 NKEARs

    24

    11/2/2010

    25

    11/2/2010

    ETP Economic Transformation Program

    High Income

    Rakyat Quality of life

    Inclusiveness

    Sustainability

    26

    11/2/2010

    27

    11/2/2010

    INCLUSIVENESS OPPORTUNITY

    28

    11/2/2010

    BENEFIT TO BUSINESS THREAT

    29

    11/2/2010

    BENEFIT TO BUSINESS THREAT

    30

    11/2/2010

    BENEFIT TO BUSINESS THREAT

    31

    11/2/2010

    Strategy

    32

    11/2/2010

    Strategy

    33

    11/2/2010

    Strategy
    Healthcare
    Mandating private insurance for foreign workers GNI : 171.3 million

    Financial Services
    Organic growth of insurance and Takaful GNI : RM4,096.8 million Jobs: 46,098

    34

    11/2/2010

    Component of Insurance Industry Model


    PEOPLE

    TECHNOLOGY

    COMMUNITY

    35

    11/2/2010

    New Business
    Traditional vs. Current buyer perspective

    Traditional

    Product Orientation

    Consumer Orientation

    Present

    36

    11/2/2010

    New Business Model Trust Based


    high

    Relationship

    Low Low
    Dependence

    High

    37

    11/2/2010

    New Business Model Needs


    Customer Needs Satisfied Share of Market

    Mass

    Marketing

    Customers Reached

    38

    11/2/2010

    New Business Model Needs


    Customer Needs Satisfied 1 Mass to 1 The longer the bar, The higher unit Margins will be Share of Customer

    Marketing

    Share of Market

    Customers Reached

    39

    11/2/2010

    40

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