FMC Group through our Managing Partner, Tn Hj Adj Prof Mohamad Faisal has been participating in HRDC National Training Week in line with Nation-Building agenda ie to open up opportunities to Malaysian getting access to greater ups-killing platform on pro-bono basis. The 1 week nationwide campaigned has attracted in the region of 200,000 participants across Malaysia with FMC has clocked 2,000 participants registered to 8 courses offered by us:

i- Cost-Benefit Analysis (CBA) for Decision Making

ii- Sustainability and Governance

iii- Introduction  to Effective Budgeting

iv-Kuasa Wang Anda (KWA) – Personal Finance

iv- Balance Sheet Analysis

v- Environmental, Social, and Governance (ESG)

vi- Strategic Planning

vii- Business Model Canvas (BMC)

PROGRAMED OFFERED BY FMC

i- Introduction to Cost Benefits Analysis

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187 has registered for the CBA and it has been conducted on the 24th June 2024, the 4-hour session was highly engaging and it was conducted via zoom with participants attending from varying backgrounds, ages, demographics and professions. The program designed to involve the participants in the concepts and application of cost benefit analysis in decision making. At the end of the session they should be able to identify and appreciate the process of developing the cost benefit analysis on decision making in the workplace. Participants will learn the techniques and familiarize with the methodology through practical sessions and role play.

The module will encompass the following topics over the 1/4 days:

• To describe the purpose of CBA and how it can be applied in decision making
• Understand the perspectives of different stakeholders that could be affected

What is CBA? Cost benefit analysis is an analytical process to estimating all costs associated with project, and comparing costs to determine benefits from proposed business opportunity. CBA is systematic approach to calculating involved costs to determine project will get benefit, which may be expecting to exceed costs over the project life cycle. Simply the cost benefit analysis helps to decide whether project will be beneficial or not. The analysis may include estimation of all costs which are associated with project. It may compare the condition should be total benefits over total costs.

FMC has conducted CBA program in many jurisdictions across organizations including Brunei Civil Servants across ministry including Ministry of Finance and Economy, Prime Minister Department and many others since 2018 until to date:

Glimpse of our CBA program –>https://faisalmalikco.com/cost-benefit-analysis-cba-for-business-projects-and-investment-dealing/ (2024), https://www.facebook.com/share/p/TGq8HNFh2Vq7xGsd/ (2021)

Part of the testimonial by participants from the Ministry of Economy –> https://www.linkedin.com/posts/izzuddinjahari_alhamdulillah-had-the-opportunity-to-participate-ugcPost-7217124618073956353-yCb2?utm_source=share&utm_medium=member_desktop

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ii- Introduction to Sustainability and Governance

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161 has registered for the Sustainability and Governance and it has been conducted on the 25th June 2024, the 4-hour session was highly engaging and it was conducted via zoom with participants attending from varying backgrounds, ages, demographics and professions.

The 4-hour session is designed to involve the participants in the concepts and application of SUSTAINABILITY & GOVERNANCE in decision making. At the end of the session they should be able to identify and appreciate the process of developing the Governance Structure and Framework on decision making in the workplace. The participants learn the techniques and familiarize with the methodology through practical sessions and role play. The module will encompass the following topics over the 1/4 days:

• To describe the purpose of Sustainability & Governance and how it can be applied in decision making
• Understand the perspectives of different stakeholders that could be affected

What is Governance? Governance has been defined to refer to structures and processes (decision making process) that are designed to ensure accountability, transparency, responsiveness, rule of law, stability, equity and inclusiveness, empowerment, and broad-based participation. Governance also represents the norms, values and rules of the game through which public affairs are managed in a manner that is transparent, participatory, inclusive and responsive. Governance therefore can be subtle and may not be easily observable.

FMC has conducted Governance training and advisory program in many jurisdictions across organizations including listed companies, government agencies and ministries across ministries:

Glimpse of our Governance related program –>https://faisalmalikco.com/corporate-governance-governance-statement/

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iii- Kuasa Wang Anda (Managing Personal Finance)

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181 has registered for the ‘Kuasa Wang Anda (KW)’ and it has been conducted on the 26th June 2024, the 4-hour session was highly engaging and it was conducted via zoom with participants attending from varying backgrounds, ages, demographics and professions.

The 4-hour session is designed to involve the participants in the concepts and application of managing personal financial management in life. At the end of the session they should be able to identify and appreciate the process of developing the personal financial plan in daily life. Participants will learn the techniques and familiarize with the methodology through practical sessions and role play. The module will encompass the following topics over the 1/4 days:

• To describe the purpose of Kuasa Wang and how it can be applied in decision making
• Understand the perspectives of different stakeholders that could be affected

What is personal finance and why is it important? Personal Finance involves a broad spectrum of financial aspects, including budgeting, saving, investing, and planning for the future. At its core, personal finance is about understanding and efficiently managing your income, expenses, investments, and savings to achieve financial stability and security. When you start managing your finances, you’ll have a better perspective of where and how you’re spending your money. This can help you keep within your budget, and even increase your savings. With good personal finance management, you’ll also learn to control your money so you can achieve your financial goals.

Part of the engagement talks by En Faisal in various platform, among others with Bank Negara AKPK in Financial Literacy Week

Books on personal finance written by En Mohamad Faisal. You can get a copy of an e-book here —> Kuasa Wang https://faisalmalikco.com/product/E-Book/17-tips-jutawan-muda/

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iv- Introduction to Effective Budgeting

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232 has registered for the Introduction to en Effective Budgeting and it has been conducted on the 27th June 2024, the 4-hour session was highly engaging and it was conducted via zoom with participants attending from varying backgrounds, ages, demographics and professions.

The 4-hour session is designed to involve the participants in the concepts and application of cost benefit analysis in decision making. At the end of the session they should be able to identify and appreciate the process of developing the cost benefit analysis on decision making in the workplace. Participants will learn the techniques and familiarize with the methodology through practical sessions and role play. The module will encompass the following topics over the 1/4 days:

• To describe the purpose of an Effective Budgeting and how it can be applied in decision making
• Understand the perspectives of different stakeholders that could be affected

What is Budgeting? A budget is a plan to:

• control your finances
• ensure you can continue to fund your current commitments
• enable you to make confident financial decisions and meet your objectives
• ensure you have enough money for your future projects

It outlines what you will spend your money on and how that spending will be financed. However, it is not a forecast. A forecast is a prediction of the future whereas a budget is a planned outcome that your business wants to achieve. Many organization use budgeting and forecasting as a means of providing and updating tactical operating plans and controlling costs, but world-class organizations use these, and other powerful tools, within a framework specifically designed to develop and execute business strategy and manage organizational performance. But most managers are trained for their functional roles, not for finance. Yet every manager is expected to understand finances  well enough to make realistic budgets, manage cash, and hit his or her targets. This power-packed training course will provide you with the skills and tools to do this, with the aim of achieving your organization’s overall goals.

Part of our management on budgeting in building a budgeting process for both listed and non listed entities. —> https://faisalmalikco.com/effective-budgeting-for-an-effective-decision-making/

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v – Introduction to E.S.G

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323 has registered for the Introduction to E.S.G and it has been conducted on the 28th June 2024, the 4-hour session was highly engaging and it was conducted via zoom with participants attending from varying backgrounds, ages, demographics and professions.

The 4-hour session is designed to involve the participants in the concepts and application of Environmental, Social and Governance (ESG) in decision making. At the end of the session they should be able to identify and appreciate the process of developing the ESG framework on decision making in the workplace. Participants will learn the techniques and familiarize with the methodology through practical sessions and role play. The module will encompass the following topics over the 1/4 days:

• To describe the purpose of ESG and how it can be applied in decision making
• Understand the perspectives of different stakeholders that could be affected

ESG is about the ability to create & sustain long-term value in a rapidly changing world, and managing the risks & opportunities associated with these changes.

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vi – Introduction to Balance Sheet Analysis

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505 has registered for the Introduction to Balance Sheet Analysis and it has been conducted on the 20th July 2024, the 4-hour session was highly engaging and it was conducted via zoom with participants attending from varying backgrounds, ages, demographics and professions.

The 2-hour session is designed to involve the participants in the concepts and application of balance sheet analysis in decision making. At the end of the session they should be able to identify and appreciate the process of developing the balance sheet analysis on decision making in the workplace. Participants will learn the techniques and familiarize with the methodology through practical sessions and role play. The module will encompass the following topics over the 2 hours:

• To describe the purpose of balance sheet analysis and how it can be applied in decision making
• Understand the perspectives of different stakeholders that could be affected

The balance sheet summarizes a company’s financial condition as of a particular date. Similar to a photograph, the balance sheet does not record any movement, but preserves a record of the company’s assets, liabilities, and equity at a particular point in time. The fundamental accounting equation, as illustrated in Exhibit 1, is intuitive: Assets = Liabilities + Equity

1.Assets generate income (the left-hand side) What its own

The left-hand side of the balance sheet lists the firm’s assets. The only reason for a firm to hold an asset is if it produces income. The assets of the firm produce the firm’s income. There is no reason for a fi rm to hold an asset if it is not going to produce income.

2.Financing the assets (the right-hand side) what it owes

For every dollar in assets the firm has, there will either be a dollar of liability or a dollar of equity on the right-hand side of the balance sheet. The right-hand side of the balance sheet shows how the firm is financing its assets. By adjusting the mix of debt and equity, the lowest cost of financing can be achieved.In summary, the left-hand side of the balance sheet reports the assets that earn income and the right-hand side reports how these assets are financed.

3.Shareholders Equity – Firm’s Nett Worth

BS is a snapshot of company’s net worth over a particular of time.

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vii – Introduction to Strategic Planning

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250 has registered for the Introduction to Strategic Planning and it has been conducted on the 27th July 2024, the 4-hour session was highly engaging and it was conducted via zoom with participants attending from varying backgrounds, ages, demographics and professions.

The 2-hour session is designed to involve the participants in the concepts and application of Strategic planning. At the end of the session they should be able to identify and appreciate the process of developing the proper planning on decision making in the workplace. Participants will learn the techniques and familiarize with the methodology through practical sessions and role play. The module will encompass the following topics over the 2 hours:

• To describe the purpose of strategic planning and how it can be applied in decision making
• Understand the perspectives of different stakeholders that could be affected

What is Strategic Planning? The Coronavirus pandemic has traveled around the globe and as at the last count affected nearly 200 countries within a short period. It has taken most countries by surprise and set off motion to mitigate or stave off the deadly spread that can ultimately lead to death.

This pandemic has caused a global crisis, and it has proved that many businesses do not take a strategic, systematic, and coordinated approach to risk management, and some still not taking any strategic action to completely rethink the effectiveness of the present business approach to remain relevant in years to come. The business is no longer, as usual, the digital adoption becomes mandatory; employees were told to work from home, suppliers having difficulties on the disrupted supply chain, a commitment towards innovation and a sustainable value proposition that helps the community and the planet. 

The key now will be to move from crisis management to interim and long-term strategic planning knowing what we will face tomorrow. In a McKinsey & Co. paper, they state that the key to resetting existing strategic plans is a focus on long-term employee wellness, delivering essential value-added services to consumers, and fulfilling the social and financial wellness needs of the community.

 

At FMC. We want to listen to your inspiring organization story and aspirations for future relevance and market expansion. Trainings, advisory and sustainability reports are our area of interest. We look forward to hear your aspiration?

Reach us at admin@faisalmalikco.com