Whom would you consider placing on the top ten list
Hint: Go for American pop singer Madonna for her song " Don't cry
for me Argentina".(Altho Argentineans are crying for more of wages
and less of Devaluation ).
Pick the American CEO's or accountant of Enron who
are taking refuge under fifth amendment(American version not
Pakistani)i.e Right to remain silent.
KESC bill fixing accountants can be a good choice for
designing such a bill which contains all charges , Surcharges and
additional surcharge and after due date missed charge. May be the Enron
and KESC 's accountants gone to the same school.
Look for corruption heavyweights called Sub Registrar
without whose signature no property in the city could be registered.
Their rates vary according to location and powers more than CBR chief.
See if hyper expensive eateries in Zamzama
neighbourhood could fit in. How about considering the band called
FunDaMental for their song Erotic terrorism for its hostile beats and
digitized noise. Any song on terrorism has special appeal with George
Bush and Powell even GB is known for memorizing all songs on terrorism
written by Pakis and Afghans. He wants to find Osama element.
If you have any problem in getting US visa try
writing a song something like
Visa Terrorism. Select words like Don't cry
for me, Saddam. I hate you (the end could be like). Never try to
ring me on 492 44-(Put your phone nos). Dub it with music from Rock
N Roll call someone in America and sing Elvis Presley style. If you
don't have American connection try Castro office in Cuba and get it
recorded in his voice mail or try Exterminator Sharon mail. Israel.com.
Don't use this route if you are named after Arafat. The fastest way to
send information to Americans is to send mail at Castro or Saddam
address , it will get hacked to Bush oval office if he likes the song
the local chapter of FBI will deliver visa at your home.
In business world its different ball game the top ten
means the organization with maximum earning. Lets see who are they.
WHO'S ON TOP.
The world's top ten largest industrial and service
companies according to published rating by Fortune magazines are WalMart,
the US retailer with revenues of $220 billion topping the list followed
by Exxon Mobil 192 billion. General Motors the big Automobile
manufacturer with 177 billion dollars ranking fourth. In Europe, BP
invested heavily in retailing and made 174 billion in revenues ,
followed by Auto giant Ford Motor with 162 billion then disgraced Enron
reported $139 billion putting it in sixth place. Daimler Chrysler with
136 closely followed by Royal dutch/shell revenues of 135 billion. The
ninth position went to General Electric with 126 billion and last but
not the least was Toyota Motor with 121 billion dollars in revenue.
The key reason for America's resurgence is
INNOVATION. Many U.S companies were not putting enough in R&D in the
1980's. But by cutting costs and adapting rapidly to the changes in a
very competitive business environments inside and abroad they became
competitive. In 1995 the four biggest companies on the list were
Japanese, Mitsubishi, Mitsui, Itochu, and Sumitomo.
This year only one Japanese company Toyota makes the
cut. One of the main reason for Japan's decline is the state of its
banks. Since the property burst in the early 1990's Japan Banks have
been plagued with bad loans.
There are three European Companies BP, Royal
Dutch/shell and Daimler Chrysler.
ASIA'S TOP 50.
If you look at top Asia's 50 , Its all Japanese
except for six south Korean's Giant and four Chinese companies. One
Indian company Indian Oil with revenue of 20,915.5 million dollars
occupy 47th position with Toyota Motors at the top of the list.
If you look at the 500 global list you can find names
like Nokia. The Finnish mobile phone maker which is the standard -bearer
of the cellphone industry.
Chinese companies are making their way in 1995 only
three Chinese companies were in the Global 500 list, this year eleven
Chinese companies are in the list.
South Korea once known as Asian Miracle has 12
companies in the Global 500.
What so special about them :
If one wants to know what makes Toyota Motor so
special, look at what they are doing at their Karachi plant . Toyota
Production System is name of the game. It basically develops from a
Mutual trust between management and employees and results in employees
satisfaction. Production from these satisfied internal customer through
principles of Just in time and JIDOKA( meaning work is stopped
immediately when the problem occurs and start again after the
abnormality is removed) resulting in customer Satisfaction. Toyota is
known for Kaizen (Continuous improvement) and suggestion system. Maximum
number of suggestion comes in Toyota set up as compared to other
In Pakistan Suggestion system is not being
effectively used specially in Public sector organization. In one such
joint the suggestion box was kept so high that a ladder was required to
reach it.(Catch me if you can).
Can the Minister of production find out the number of
suggestions given by employees in state owned organization and what
happened to them. (I know its none).
If you want to benchmark, look at Walmart
computerized Inventory management system it is be all and end all. All
the inventories are so tracked through networking is that as soon as the
material is taken out of the shelf the computer would know and try to
replenish. Perfect example of Just in Time. Had our utilities stores
still working it could have benefited from such an approach. The field
of departmental stores is still open in Pakistan some Entrepreneur
should catch it.
General Electric among the global ten has made its
name largely due to the leadership of its past CEO Jack Welch. Several
case studies have been made on his leadership style and taught in
business School abroad and in Pakistan. The only error he made was when
lady editor of a top Business magazine went to interview Jack .He got
Automobile Giants: Ford, General Motors are name to
reckon with. Modern Management techniques, Innovation was the tools
practiced. The same could be learnt by Automakers in Pakistan which made
record sales this year. Well Done and Keep it up. Make quality is job
number one as your mission .