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View from the top / Into the minds of leaders who make a difference / Malaysia<br />
David Ng<br />
Meng Wah<br />
Charismatic, visionary, mentor<br />
David Ng Meng Wah is Group Managing Director of Palmgold<br />
Corporation Sdn Bhd and Tai Thong Resources Bhd.<br />
David Ng has over 20 years of senior level management experience<br />
in Leisure and Entertainment, Food and Beverage, Retail Operations,<br />
Hospitality, Event Management, Online Game Publishing, Digital<br />
Media Distribution, Information Technology, Telecommunications<br />
and Fast Moving Consumer Goods industries in the Asia Pacific<br />
region. David Ng graduated with a MSc in Marketing from the<br />
prestigious City University of New York in 2005.<br />
One must recognise that<br />
risks are necessary in order to<br />
bring about positive change<br />
David Ng Meng Wah, Group Managing Director,<br />
Palmgold Corporation Sdn Bhd and Tai Thong Resources Bhd
View from the top / David Ng Meng Wah, Group Managing Director, Palmgold Corporation Sdn Bhd and Tai Thong Resources Bhd<br />
i In your view, what are some key characteristics that make leaders different? / I believe that<br />
an effective leader should perform a crucial intermediary role to create and maximise value<br />
for all stakeholders such as shareholders, staff, customers, suppliers and the community.<br />
Ideally, an effective leader should:<br />
• Convey a clear vision for the organisation. The leader must be able to energise its human<br />
capital and mobilise its resources to attain the vision by charting the relevant strategic<br />
directions and outlining the proper corporate values and standards of excellence.<br />
• Put in place an integrated performance measurement system to track all deliverables<br />
regularly and where necessary, review and modify the business strategies.<br />
• Be an effective communicator (being articulate as well as a good listener) and should be<br />
able to engage with all levels of staff on a regular basis. As a leader, one should also put<br />
emphasis on human capital development in order to realise and elevate potential of staff.<br />
• Possess strong business acumen with a knack for problem-solving by employing innovative<br />
and pragmatic solutions. One should also possess the unwavering resolve to produce<br />
results and to build enduring greatness for the organisation.<br />
i What are some specific beliefs or values that you work by? How do you ensure that<br />
your values and vision permeate the organisation? / Throughout my career, I have<br />
consistently subscribed and advocated the following key beliefs and values which should<br />
be engrained in all leaders: continuous improvement; integrity and trust; professionalism;<br />
sense of urgency; attention to detail. To ensure that the desired corporate vision and values<br />
permeate the organisation, I believe that the vision and values must first be well defined<br />
and clearly articulated to all staff. Conscious and on-going efforts must be made in all<br />
aspects of the organisation to reinforce the corporate values among staff. In ensuring that<br />
the vision and values are owned throughout the organisation, it is important to secure the<br />
support and commitment of the management staff so as to align and cascade the vision,<br />
strategic directions and values to all staff. Furthermore, there should be open channels of<br />
communication to foster healthy interaction between the management and staff to ensure<br />
that the organisation’s vision, strategic directions and values continue to stay relevant.<br />
i Leadership involves risks. What kind of risks are you generally willing to take? Why?<br />
/ As leaders, one must recognise that risks are necessary in order to bring about positive<br />
change. Leaders should therefore not be averse to taking risks and be courageous to blaze<br />
new trails. Nevertheless, I mitigate the inherent risks so as to derive calculated risk-taking.<br />
For example, I would ensure that an extensive feasibility study is undertaken to examine the<br />
viability of the exercise or proposal. One also needs to pay particular attention to details<br />
so that proper planning and execution may be carried out in the most efficient manner.<br />
More importantly, one needs to closely track the implementation status and benchmark the<br />
results at regular intervals to assess its performance and to take corrective measures, if and<br />
where necessary.<br />
i As a leader of the organisation, what initiatives have you taken that you thought made<br />
a positive difference to the organisation and the community? / The key initiatives I have<br />
introduced to transform the organisation and to benefit its stakeholders include:<br />
• Articulate a clear vision for the organisation and put in place the relevant business directions<br />
• Implement Enterprise Resource Planning to derive efficient resource utilisation and<br />
greater operational synergy<br />
• Improvements to the supply chain management to derive operational efficiency and cost<br />
savings<br />
• Put in place a performance management system to provide for a fair and transparent<br />
assessment of the performance for all staff based on the key performance indicators<br />
assigned<br />
• Formulate a complete and integrated marketing campaign to further strengthen the<br />
organisation’s brands and to ensure that the brands remain relevant<br />
• Enhanced IT infrastructure by procuring new technologies and hardware systems<br />
• Enhanced and strengthened operational policies and controls<br />
• Initiated turnaround programmes for restaurant operations with specific plans to<br />
address top-line sales and covers, mid-line cost savings and improvement to bottom-line<br />
performance