chapter 6 - Malaysia Productivity Corporation ( MPC)

NATION’S QUALITY OF LIFE ASPIRATION
enhancement in productivity will subsequently
leads to improvement in national competitiveness
ranking. To sustain such competitiveness ranking,
it is imperative that initiative such as modernising
business regulations be institutionalised.
At the firm level, it is pertinent that continuous
enterprise innovation and adopting the relevant
business excellence framework be pursued in
order to ensure a better quality of life. Towards this
end, the Tenth Malaysia Plan has identified MPC
to lead the review of business regulations and
enterprise innovation. As such, MPC is currently
being organised along a five-departmental model
comprising Global Competitiveness, Regulatory
Review, Knowledge Management, Enterprise
Innovation, and Business Excellence to meet its
requirements.
The roles of the five departments are explained
below:
1. Global Competitiveness (GC).
• Develop global and national macro
economic knowledge based upon Malaysia’s
competitiveness ranking.
• Expands such ranking and analysis to
state level benchmarking and support
international benchmarking for regulatory
review.
2. Regulatory Review (RR)
• Monitor, review, assess and provide
recommendations for policy/regulatory
changes and on new regulations to enhance
national productivity and innovation.
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• Provide support for existing committees on
facilitating businesses.
3. Enterprise Innovation (EI)
• Improve innovation at companies by creating
and implementing ecosystems to address
the entire innovation value chain.
4. Business Excellence (BE)
• Measure and certify companies and
showcase role models to spur competition
and set best practices for others to emulate.
• Set and enhance innovation standards with
the Health Check Framework.
5. Knowledge Management (KM)
• Create knowledge base with productivity
and industry reports and provide fact based
on productivity and innovation.
• Support Regulatory Review and Enterprise
Innovation with research output.
ENHANCING MALAYSIA’S
COMPETITIVENESS
Recent global development and uncertainties
would certainly have a direct impact on Malaysia’s
economic growth not only in the short-term but
also in the long-term as well. In this regard, Malaysia
will have to define and strengthen its strategic
initiatives if it aims to sustain its competitiveness
in the long-run.