Malaysia Set For U-Shaped Recovery?
The global economy is not quite out of the woods, but the good news is the worst is over. Backdrop of improving global economic data, Asia is expected to recover faster than the industrialized world. They are some research house project a V-shaped recovery for Asia and I think V-shaped recovery likely to happen on China and India but for Malaysia, U-shaped is likely to happen after China and India recovery from crisis. Instant Turnaround! Getting People Excited About Coming To Work And Working Hard by Harry Paul and Ross Reck is a quick, enjoyable read with a simple but profound message. In a nutshell, if you focus on people as well as performance numbers, motivate with trust instead of fear, turn work into fun, and ensure senior management buys into the same philosophy and actions, employees will apply every bit of discretionary effort they have toward performing their jobs. As I stated, it is a simple message, but one many people in various levels of management fail to grasp and implement.
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