Helix consulting frost & sullivan

A New D.A.W.N. For PanaceaHo Kun Lin Ho Jia Qing Gilbert Neo Yong En

OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY

Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan

KEY ISSUES DARK

Delay Anti-local Risk-taking Knowledge

KEY ISSUES Delay Anti-local Risk-taking Knowledge

• A business has to approach various agencies for permits. This delays the pace of development, and acts as an inhibitor to new business development.

Ministry of Health

Occupation Hazard

Progress bar

2 months

Progress bar

1-3 days

Source: Worldbank

Problem

China India Russia Singapore Hong Kong Panacea0

Number of days to set up a business

• The emerging countries require a substantial number of days to set up a business

• However, looking at developed countries like Singapore, Australia, and Hong Kong SAR, the time needed ranges from 1 day to 3 days.

• A business has to approach various agencies for permits. This delays the pace of development, and can also act as an inhibitor to new business development.

Ministry of Health

Occupation Hazard

Progress bar

2 months

Progress bar

1-3 days

Source: Worldbank

Problem

China India Russia Singapore Hong Kong Panacea0

Number of days to set up a business

• The emerging countries’ require a substantial number of days to set up a business

• However, looking at developed countries like Singapore, Austrialia, and Hong Kong SAR, the time needed range from 1 days to 3 days

Significant delay to the whole permit issuance process

Current Policies

Brazil China Russia India Panacea0

FDI Investment (USD Billions)

• Comparing the different countries’ FDI intake, we are still not competitive enough.

• Given that our main goal is to attract more foreign investment, this problem will be exacerbated in the coming years.

• There is a need to balance the FDI inflow and also to ensure that the local populace gets employment

Re-skilling training to be provided at discounted rates to the unemployed and underemployed through the Re-EmploymentTraining (RET) Initiative

Labor and Women Welfare Ministry

Foreign investors are shunning away from our local labor force.

Problem

Source: Various Sources

Current Policies

Brazil China Russia India Panacea0

FDI Investment (USD Billions)

• Comparing the different countries’ FDI intake, we are still not competitive enough.

• Given that our main goal is to attract more foreign investment, this problem will be exacerbated in the coming years.

• There is a need to balance the FDI inflow and also to ensure that the local populace gets employment

Re-skilling training to be provided at a discounted rates to the unemployed and underemployed through the Re-EmploymentTraining (RET) Initiative

Labor and Women Welfare Ministry

Foreign investors are shunning away from our local labor force.

Problem

Anti-local

Foreign investors are shunning away from our unskilled workforce

Current Policies

Low risk-taking behavior and entrepreneurship in Panacea

Problem

• The country has low rate of local business formation, or that these firms, once formed, are unable to scale up their operations.

• This could be due to the inculcated risk-taking behavior in the country and this results in a lack of entrepreneurs

• Lack of favorable business environment to encourage exploration of opportunities.

Various monetary grants

Malaysia Singapore China US Panacea0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

SMEs' contribution to economy (% of GDP)

Current Policies

Low risk-taking behaviour and entrepreneurship in Panacea

Problem

• The country has low rate of local business formation, or that these firms, once formed, are unable to scale up their operations.

• This could be due to the inculcated risk-taking behavior in the country and this results in a lack of entrepreneurs

• Lack of favourable buiness environment to encourage exploration of opportunities.

Various monetary grants

Malaysia Singapore China US Panacea0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

SMEs' contribution to economy (% of GDP)

Risk-taking

Lack of risk-taking behavior which puts a cap on entrepreneurial initiatives

Current Policies

Lack of innovation and knowledge workers in the economy.

Problem

• Success rate of such several initiatives has been very low.

• Any plans to structure such innovation, or mass commercialization of these innovations have not been successful.

Grants for R&D to be provided up to US$ 1 million Commercialization support for products in the final stage of development

Brazil China India USA Singapore Russia Panacea0

Gross Expenditure on R&D (% of GDP)

Source: 2012 Global R&D Funding Forecast, Battelle

Current Policies

Lack of innovation and knowledge workers in the economy.

Problem

• Success rate of such several initiatives has been very low.

• Any plans to structure such innovation, or mass commercialization of these innovation has not been successful so far.

Grants for R&D to be provided up to US$ 1 million Commercialization support for products in the final stage of development

Brazil China India USA Singapore Russia Panacea0

Gross Expenditure on R&D (% of GDP)

Source: 2012 Global R&D Funding Forecast, Battelle

Knowledge

Lack of knowledge worker and innovation in the economy

DIRECT & DEVELOP

WHERE WE ARE RIGHT NOW IN 2012

WHERE WE WANT TO BE IN 2030

Project D.A.W.NRECOMMENDATION

• Chronic problems in the NPF’s initiatives

• Sluggish inter-workings of various Ministries & Agencies pertaining to business development and set-up

• Panacea is stuck in the middle income group

• Lack of skilled labor and biasedness of foreign employers towards foreign employees

• Lack of entrepreneurship and innovation in the country

• A world-class hub of innovation, entrepreneurship and creative knowledge based on advanced technological processes

• A stable and sustainable economy that has one of the highest GDP per capita in the world

• The fulfillment of the Neo-Panacea Framework through the D.A.W.N Project

• An inclusive society of empowered individuals

NEOPOLISA world-class innovation hub

designed to congregate and bring people of different diversity and

skill-sets together

Directing the growth of seed companies and developing them

until they bear fruits

AGENCY & AUDITSetting up of a centralized agency to approve business permits while

auditing them periodically

WHEEL OF SKILLSA cradle-to-grave skill-set

empowering of individuals to increase their value-add

Bringing a new beginning to Panacea

D.A.W.N

To encourage growth of a tree from a little seed

Direct & Develop

Lack of entrepreneurship

PROBLEMCURRENT POLICIES

University and industry tie-ups for the innovators through the 1-Innovation Plan

EFFECTIVEWHY IS IT NOT

WORKING?Ineffective

Public-Private Partnership

Project D.A.W.N: Direct & DevelopDirecting the planting of seed companies and developing their growth to create a forest of global MNCs

WORKING?Ineffective

Solution: Strengthen the PPP by encouraging the venture capitalist and private equity firms to flourish as seen by this seed model in 3 stages

Create a community of support for SMEs

Utilize their positive externalities - Create a culture of creative thinking and risk-taking

Provide mentorship and indirect assistance

Provide general fiscal benefits for businesses

Put in place a framework that cultivate general business growth

Provide capital funds for nascent firms

High involvment in business development

Encourage growth of private equity sector

PanaceAlumni – Build up alumni relationship with successful businesses

Encourage R&D through these companies

Global MNCs

Seed Stage

Seedling Stage

Young Plant

WORKING?Ineffective

Solution: Strengthen the PPP by encouraging the venture capitalist and private equity firms to flourish as seen by this seed model in 3 stages

A centralized agency powered by futuristic technology

Agency & Audit

Current

Ministry of Trade

Ministry of Labor

Ministry of Health

INDUSTRY

DRAWBACKS

1.Lack of Centralization 2. Interdependence of Approval i.e Ministry of Health may require approval of Ministry of Labor before consideration

Project D.A.W.N: Agency & AuditCreation of a centralised unit to hasten business development while ensuring reliability with effective audit

Current

Ministry of Trade

Ministry of Labor

Ministry of Health

INDUSTRY

DRAWBACKS

Agency of Permits & Audit

INDUSTRY

Proposed

Ministry of Trade

Ministry of Labor

Ministry of Health

Current

Ministry of Trade

Ministry of Labor

Ministry of Health

INDUSTRY

DRAWBACKS

Description

• One private-public agency that specializes in evaluating the industries• Ministries will give pre-permit approval to companies first• Based on criteria input from ministries, agency will make recommendations to ministries who will give a final approval after thorough audit of companies

Justifications/Benefits

• Bottleneck of approval process at ministries will be eliminated• Auditing will enhance transparency and reduce risk of failure• Evaluation time will be minimal due to specialization and expertise of agency

INDUSTRY

Proposed

Ministry of Trade

Ministry of Labor

Ministry of Health

A cradle-to-grave wheel of skill-set empowering individuals to increase their value add.

Wheel of Skills

Project D.A.W.N: Wheel of SkillsA cradle-to-grave wheel of skill-set empowering in individuals to increase their value-add

To create a world class laborforce and improve skillsets of current workersObjective:

Emphasis on Education

System

Align with goal to develop key economic sectors

Knowledge Empowerment at all stages

Safety net for unskilled/unemployed workers

•Revamp education program

To create a world class laborforce and improve skillsets of current workersObjective:

Emphasis on Education

System

Align with goal to develop key economic sectors

Knowledge Empowerment at all stages

Safety net for unskilled/unemployed workers

•Revamp education program

Wheel of Skills Program: A Cradle to Grave Education System

Compulsory Education <14

Acquiring reading and writing skills

Providing a solid foundation

Goal: To increase the literacy rate in Panacea

Investment in primary schools

Vocational Education

Acquire practical skill sets

Globalization has shifted focus towards a labor force with high skill-sets

Build up foundation needed in High-End Manufacturing

Provision of vocational program under existing secondary institutions

Rainbow Project

Assessment of aptitude

Providing suitable training

Providing job fit for unemployed

Increase productivity and employment

A world-class innovation hub that is built on the past, empower on the present, for the future

Neopolis

Problem: Lack of innovation Reason: Paucity of an environment that is suitable for innovation

Solution: To build an innovation hub that increases the fluency of idea exchange and the accumulation of knowledge

Project D.A.W.N: NeopolisA world-class innovation hub that is built on the past, empower on the present for the future

Key Growth AreasResidential Pods- Able to house up to

10,000 people when fully constructed

Creativity Pods- A facility that

encourages idea generation and nurtures

viable concepts

Skills Pods- A specialized facility that improve the skill-set of its

members. Consists of different facility in many

different areas of expertise, i.e, high-tech manufacturing, tourism.

Circle of Innovation- A competition arena

that challenges teams to utilize innovation to solve

hypothetical problems

Problem: Lack of innovation Reason: Paucity of an environment that is suitable for innovation

Solution: To build an innovation hub that increases the fluency of idea exchange and the accumulation of knowledge

The innovation hub will enable the cross-learning and sharing of ideas and concepts to increase innovation The hub will also store information so that past failures or success can be easily retrieved for learning purposesSpecialized institutes will be set up to impart knowledge and teach technical skill-sets of high value add industries, i.e, tourism, high-end manufacturing, maritime capabilities

Justification/Benefits

Project D.A.W.N: NeopolisA world-class innovation hub that is built on the past, empower on the present for the future

Training for managers and employees

Automatic 1-month enrolment

Encourage generation and pooling of ideas

Neopolis Innovation Program

Project D.A.W.N: A NEW DAWN FOR PANACEA

Direct and Develop

NeopolisWheel of Skills

Agency and Audit

A framework that brings together perspectives, stakeholders, risks, roles and responsibilities

Institutional Framework

Social Instability of initiatives

Want social equality

Will be tasked with supervision of the projects

Stakeholders AnalysisA framework that brings together stakeholders’ perspectives, roles and responsibilities

Members of Public Ministries

Agencies Private Companies

Want attractive investment opportunities

Will be allocated with the execution of the initiatives

Social Instability of initiatives

Want social equality

Will be tasked with supervision of the projects

Stakeholders AnalysisA framework that brings together stakeholders’ perspectives, roles and responsibilities

Members of Public Ministries

Agencies Private Companies

Want attractive investment opportunities

Will be allocated with the execution of the initiatives

Key Risk IndicatorsA framework that present the various risks of the initiatives

Social Risk Financing Risk Low take-up Risk

Direct & Develop

Agency & Audit

Wheel of Skills

Neopolis

No Risk Risky

Key Risk IndicatorsA framework that present the various risks of the initiatives

Social Risk Financing Risk Low take-up Risk

Direct & Develop

Agency & Audit

Wheel of Skills

Neopolis

No Risk Risky

Risk Mitigation Strategy – Communication StrategyA strategy that mitigates risks

Ministries

Risk Mitigation Contingency

• Low take-up rate because

the people might object to such enforced career path by

the government

• May also create social

upheaval

Put in place an effective

communication system to address

issues and needs of stakeholders

Offer alternative paths such as

private specialized institutions for more tailored programs

Generating financial returns and delivering impact

Finances and Figures

40Martin Reeves │

Panacea

• Fiscal prudence

• Financial framework to access the initiatives

• Forecasting economic data given the initiatives

We recognize that growth must be through Fiscal Prudent Measures

Finances & FiguresTowards a sustainable Panacea

Agency and AuditDirect and DevelopWheel of SkillsNeopolis

Finances & FiguresFeasibility of initiatives from an NPV perspective

Expenditure

We allocate our budget so as to obtain a GDP Surplus of 4% every year starting from 2012

US$0.94bn US$1.0bn

US$2.7bnUS$8.9bn

NPV Sensitivity Analysis

Best Case Base Case Neutral Case0.0

5,000,000,000,000.0

10,000,000,000,000.0

15,000,000,000,000.0

20,000,000,000,000.0

25,000,000,000,000.0

30,000,000,000,000.0

35,000,000,000,000.0

40,000,000,000,000.0

45,000,000,000,000.0

50,000,000,000,000.0NPV Range:

US$47.6 trillion – US$6.3 trillion

Base Case NPV: US$18.0 trillion

Social Discount Rate: 3.0%

Terminal Growth Rate: 2.0%

Finances & FiguresForecasting Economic Data

Forecasted GDP Growth Rates

Neutral Case: 18 Year CAGR of 6.7%

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20300%

Best CaseNeutral CaseWorst Case

44Martin Reeves │

In 2030, we witness …

GDP of 2.4 trillion

Budget Surplus of 4%

Unemployment rate of 3%

D.A.W.N transforms Panacea into a high-technology economy

Finances & FiguresKey Figures for Project D.A.W.N

A clear and effective plan to achieve our objectives

Action Plan

Setting up a seed fund of $1 billion

Develop expertise of auditing new sectors to keep up with the dynamic business environment

Setting up of a centralised agency

Setting up of a agency to be in charge of this Transit into a higher level wheel of innovation

Encourage influx of highly-skilled professionals to be mentors

4% 6% 6.5%

2015 2020 2025 2030

Setting up of inter-ministries and

agencies one-stop portal online

AGENCY &AUDIT

WHEEL OF SKILLS

NEOPOLIS

Construction of the neopolis

Screening of talents to be placed in pods

Giving grants to viable businesses

Multiple creation of more seed funds

GDP Growth

Build up tie-ups with overseas innovation

hubs ,i.e., Silicon Valley

Expand innovation hub concept to hinterlands

Have a consulting agency to teach innovation hub know-knows to other countries

Encourage cross-ministries program

and overseas missions

Action Plan and KPIsA clear and effective action plan to achieve our objective and KPIs

Budget Surplus 4%

Productivity 1.5% 5% 10%1%

A new beginning, a new day, a new dawn

Appendix

Current State Analysis 2 Why vocational training and career education? 50

Drag 4 Cost Benefit Analysis

Anti-Local 6 D&D51

Risk 8 Agency & Audit 52

Knowledge 10 Wheel of skills53

Where we are 12 Neopolis54

D.A.W.N Risk Mitigation Plan55

Direct & Develop 14 3’C’ Communication Plan56

Agency & Audit 19 Communication plan for Neopolis60

Wheel of Skills 22 Living Space for Neopolis61

Neopolis 28 People we want to seek for Neopolis 62Institutional Framework What you will get in Neopolis

63Stakeholder Analysis 34Risk Analysis 36 Cost breakdown of

initiatives 64Finances & Figures NPV Sensitivity Analysis

65Expenditure 41 Finances and Figures – Best

Case 67NPV Senstitivity Analysis 42 Finances and Figures – Neutral Case

69GDP Growth 43 Finances and Figures –

Worst Case 71Implementation and Action Plan 46 Finances and Figures – Spending

Appendix

Budget 74Demographics – Neutral 76

Why Vocational and Career Education are important?

Vocational competence is critical to the economic health of nations

A significant number of students are experiential learners who will learn academic skills best from developing them in application context

Delaying the career or application context lowers motivation and learning achievement for many experiential learners

Strong secondary school vocational programs provide workplace skills to some students who do not plan to attend college immediately after graduation from high school

Cost-Benefit Analysis – D&D

Cost Benefit

Increase number of startups and SME

Increase GDP of the country

Can increase the entrepreneurship base

Reduce Government involvement in later years

Opportunity cost of funds

“Lemons’ companies

Cost-Benefit Analysis – Agency & Audit

Cost Benefit

Can reduce time of the permit process

Can streamline process and reduce wastage of public funds

Reduce asymmetric problem and Moral Hazard

May require technical knowledge from several sectors

Cost of monitoring

Cost-Benefit Analysis – Wheel of Skills

Cost Benefit

Synergize with Neopolis innovation program

Decrease unemployment rate

Increase literacy rate from compulsory education

May cause social fragmentation

May see high-drop out rate in the middle

Cost-Benefit Analysis – Neopolis

Cost Benefit

Increase the prestige of the

country

Encourage postive externalities and competitive spirits

Infuse innovation culture in the

society

May cause social fragmentation

High infrastructure cost and lengthy time to build

Risk Analysis and Mitigation

People might object to such enforced initiatives by the

government

Communication StrategyAddressing concerns quickly

More paths for tailored education

Lack of take-up rate as this are new initiatives

Pilot Test Will Be A Means Testing For Demand

Feedback and ImprovementMore Targeted approach

People may not want to uplift their homes to move

into Neopolis

Free Trial Period for One Month

Plan for other uses for the infrastructure, i.e., transform it

into a business region

MITIGATION CONTINGENCY

Stakeholders Specific interestsMembers of public AccountabilityPrivate companies ProfitabilityMinistries Absolution of blame

Agencies Profitability Foreign investors Investment

opportunities

Identify stakeholders and their interests

Identify the channels

Key issue: How to address each stakeholders’ interest with the right communication and channel

Printed Letter

Broadcasting

Electronic mail (E-mail)

Newspaper, Print media

Electronic media – website and social media

CommitmentContentCoverage

Variables to consider:

3C Framework56

Communication Strategy

Content

Coverage

Commitment3C Framework

• The amount of time and effort needed

• The size of intended audience

• The emphasis on inter-temporal issues

Commitment Coverage Content

Evaluate the stakeholders’ interests

Evaluation

Determine the communication cube it belongs to.

Determination Tailoring

Tailor the course of actionaccordingly

Phase 1: Planning

1 2 3 4 5 6 7 8

These communication cubes will determine the primary course of action to the various stakeholders.

3 “C” Communication Cube

Specific Interest Commitment Coverage Content CubeMembers of publicPrivate companies

MinistriesAgencies

Foreign investors

Legend:

Stakeholders

Commitment Low High

Coverage Low High

Content Stability focused (Past) Growth and profitability focused (Future)

Determine the communication cube it belongs to.

Evaluate the stakeholders’ interests. Tailoring

Tailor the course of actionaccordingly

Person delivering the message

Format/Tone of message

Focus/Theme of message

Customized set of communications58Content

Coverage

Commitment

Members of the publicCabinet Secretary

By who?Format of message

Clear, accurate and transparent

Focus of message

How it will benefit the country in the future years

Ministries

Objective and visionary

A representative of the Prime Minister Office

Newspaper

Meeting

Focus on the roles and responsibilities of the various ministries and agencies

Private companies

Print Letters

Formal, objective, tactful

Communication secretary of the ministries

Address any pertinent issues and highlight key opportunities and areas of investment.

Foreign investors

Agencies

Stakeholders

Communication Strategy of Neopolis

Marketing and advertising to raise awareness on the benefits

Strategic Positioning

Lifestyle

Internal (Ministries and Agencies)

External (Public)

Research Opportunities

Space Allocation of Neopolis

• Space Optimization• 8 people per apartment• Common Space whereby

people can mingle and also this maximizes space per square foot

Creative mix of Neopolisian

Meaningful engagement and interaction between various groups with different ethnicity, nationality, personalities and alternative lifestyles

Neopolis

Kitchen

Bathroom Living Room

Finances & FiguresAdhering to our constraints

Cost Breakdown of Initiatives

Capital Expenditure Description of Capital Expenditure Funding

Neopolis US2.3bn per Neopolis

4 Neopolis’ to be build between year 2012 to 2030. Infrastructure includes

Creative Pods, Residential Pods, Circle of Innovation, and Skills Pods.

Panacea government to fund all infrastructure from tax revenue

Wheel of

Skills

US150mn per year on Compulsory EducationUS10mn per year on Vocational Programs20 Assessment Centers at US10mn per center

Education needs to create a knowledge economy and assessment

center to assess skills

Panacea government to fund all infrastructure from tax revenue

Direct & Develop US$1bn start-up fund Fund for R&D and innovative ideas

One time funding from the Panacea government via tax

revenue. The fund will be managed by the Panacea Investment

Corporation (PIC).

Agency of AuditUS$300mn for infrastructure

US$100mn for Audit Platforms every four years

A centralised audit agencyPanacea government to fund all infrastructure from tax revenue

We allocate our budget so as to obtain a GDP Surplus of 4% every year starting from 2012

NPV Sensitivity Analysis at a discount rate of 5%

At a social discount rate of 5% and a terminal growth rate of 3%: NPV is c.18 trillion.

NPV Sensitivity Analysis

Terminal Growth Rate / Discount Rate 3.0% 4.0% 5.0% 6.0% 7.0% 8.0%

2.0% 47561.4 21249.86 12698.53 8563.39 6178.64 4657.76

2.5% 92356.1 27523.87 14811.04 9517.58 6680.03 4946.91

3.0% - 40071.89 17979.80 10789.83 7306.77 5293.90

3.5% - 77715.96 23261.06 12570.97 8112.58 5717.98

4.0% - - 33823.60 15242.69 9186.98 6248.09

66Martin Reeves │

In 2030, we witness …

GDP of 2.4 trillion

Budget Surplus of 4%

Unemployment rate of 3%

Finances & FiguresKey Figures for Project D.A.W.N

67Martin Reeves │

Finances & FiguresAssumptions – Best Case 1/2

68Martin Reeves │

Finances & FiguresAssumptions – Best Case 2/2

69Martin Reeves │

Finances & FiguresAssumptions – Neutral Case 1/2

70Martin Reeves │

Finances & FiguresAssumptions – Neutral Case 2/2

71Martin Reeves │

Finances & FiguresAssumptions – Worst Case 1/2

72Martin Reeves │

Finances & FiguresAssumptions – Worst Case 2/2

73Martin Reeves │

Finances & FiguresSpending

74Martin Reeves │

Finances & FiguresSpending – Budget 1/2

75Martin Reeves │

Finances & FiguresSpending – Budget 2/2

76Martin Reeves │

Finances & FiguresDemographics – Neutral 1/2

77Martin Reeves │

Finances & FiguresDemographics – Neutral 2/2

Helix consulting frost & sullivan

Documents

FROST & SULLIVAN BEST PRACTICES AWARD

FROST & SULLIVAN BEST PRACTICES AWARDS€¦ · frost & sullivan best practices awards demand response - europe technology innovation 2019

RingCentral, Frost & Sullivan Position Paper

DSM Biomedical Frost & Sullivan Infographic

Cyril Cromier, Frost & Sullivan

Frost & Sullivan Patient Monitoring Analyst Briefing

Strategic Partnerships - Frost & Sullivan

Frost & Sullivan: Secure Video Collaboration

Vonage Receives Frost & Sullivan Recognition

3PL Report - Frost & Sullivan

Frost Sullivan Global Ev Reported

Frost sullivan-proofreading-case-study

Frost & Sullivan - HCL

The renewable heat report frost & sullivan

Толмачева Татьяна, Frost & Sullivan

Frost sullivan turkish ev market_november2011

Product Leadership - Frost & Sullivan

Frost&Sullivan Polysilicon 2010

Frost & Sullivan · Web viewสำหรับคำถามปลายปิดที่มีตัวเลือกให้เลือกตอบ โปรดทำ

Nanotechnology Alert (TechVision) - Frost & Sullivan