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Every spendid thing begins with an idea

About Me

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Penang, Malaysia
Dedicated to pass on valuable information to entrepreneurs. More than 20 years experience in a Japanese Corporation. Now, learning and enjoying the fun of trading business.

Sunday, June 15, 2008

What's hidden under 'Anzen Dai Ichi' (Safety First) part 1 - Introduction


An unsafe workplace is one that contributes many problems in any business environment. The problems that surface out from an unsafe workplace include; loss time, defective products or services quality, temporary loss of skill, additional cost and higher turnover rate of employees. The combination these problems will sum up to produce a major impact to reducing your customers’ confidence level towards the business. If your business efficiency is on the reducing trend, my suggestion for you is to start acting in making your business premise (offices, factories, workshops, machines, warehouses, vehicles, tables and servers) a safe and secure place. Money doesn’t have eyes but one thing for sure; that you will drive it away when it ‘sees’ that your workplace is an unsafe one.
We just cannot afford to lose our business money unnecessarily in the present economic conditions. As the crude oil price escalating unstoppably, money is a scarce commodity now, thus prompting many businesses to take actions towards reducing cost; which if taken wrongly would be disastrous the business. Businesses that were established in the post second oil shock period (from 1987) are most venerable compared to those businesses that survived the 1st (1974 to 1979) and 2nd (1980 to 1986) oil shocks in the present economic situation.
As I came from a Japanese corporation that had gone through these hard times in world business history, I’ve the firsthand knowledge on how did the company sustained harsh effects of sudden increase in oil price; (I was employed in 1976 and took an early retirement in 2000). So, one may ask; what has the price of oil has to do with a safe workplace? The answer is simply, money. With a safe working place you won’t be having the problems as listed earlier and thus can channel your business money for better uses.