1. Fact 1: Dyslexics are better business owners.
  2. Fact 2: Managers are horrible business owners.
  3. Fact 3: Only 1 percent of corporate managers in the USA are dyslexic.

Those are the facts that are implied in this well written article from the New York Times: Tracing Business Acumen to Dyslexia. Although I appreciate the wonderful research that author Brent Bowers has put into the article, I’m not really surprised by the findings.

First we need to understand what dyslexia really is. It’s not a mental disorder as most people are wrongly inclined to believe. The fact is, dyslexia is more of a neurological anomaly. Anyway, this post is not to discuss the subject of dyslexia itself. If you want an overview of the topic, then check out the Wikipedia entry on dyslexia.

Getting back to the linked NYT article, there are three key weapons that dyslexics use much better than “normal” people:

  • A higher willingness to delegate responsibilities
  • More likely to engage in creative processes
  • Preference to do rather than study

A non-dyslexic business owner is much more likely to be emotionally attached to their business. Dyslexics on the other hand, treat their businesses more like a tool. What the tool’s purpose is differs from one dyslexic to another; some use their businesses as a tool to make money, while others treat their businesses as tools to do what they enjoy doing.

Either way, they’re more likely to be successful in their businesses because they know that it will be very hard for them to get a job due to their condition. Therefore they tend to put in significantly more effort in an undertaking. The fact that dyslexics tend to work much harder and more creatively while growing up with their condition also contribute towards making them become highly driven entrepreneurs.

While almost everyone has some degree of creativity, the levels on which dyslexics operate with are significantly higher than the average person. This is not something they do by choice, but by necessity. Dyslexics know that they have problems with writing and reading. The more successful ones compensate by developing better than average oratory, visual or analytical skills. They know that there surely must be other ways to do things and thrive on finding these solutions.

For most people, the key to success is through so-called education. The fact is that most education systems in the world is significantly flawed due to the overwhelming focus on linguistic and mathematical skills. Needless to say, dyslexics aren’t really good with the writing or reading stuff.

In fact, they often prefer more hands on and practical ways of learning things. What is seen as a weakness in their school days becomes a key strength as they become entrepreneurs. Rather than perform a thousand feasibility studies and drafting countless proposals, dyslexic entrepreneurs just want to get things done! This is one skill that becomes lost as one steps up the corporate ladder from being an operative to a manager… too much time is wasted on paperwork and once it’s completed the opportunity of generating more income might be gone forever.

So if you have dyslexic children or know of people who are dyslexic, don’t be a jerk to them. Who knows, they might be billionaires in the making.

I stumbled upon The Best and Worst Logo Remakes of the Century by aclevercookie and thought that it was a very educational and well written post.

As they say, beauty is in the eye of the beholder. However, I also believe that style is pretty much a standard. Any logo, or design element at that, doesn’t need to be beautiful in order to have style. In fact, more often than not, it’s the simplest of things that are the most stylish.

Need examples? Well, here are some I can recall off-hand:

What are some of your favourite logos?

KUALA LUMPUR, 21 September 2007 – Tradenex.com Sdn Bhd, a subsidiary of Federation of Malaysian Manufacturers (FMM) and leading service provider of electronic supply chain management and collaboration services, today announces the launch of Tariff Finder Online (TFO), Malaysia’s first online search portal for trade tariffs codes.

Based on Microsoft’s .NET framework, the TFO is a powerful web-based application that allows users to search for the most up-to-date tariff information in accordance with the latest changes and rulings by the Royal Malaysian Customs (i.e. Kastam DiRaja Malaysia – KDRM).

Soon Koi Voon, Chief Executive Officer of Tradenex.com, says that the TFO system was specifically developed to address the pains and issues long faced by the trade and logistics communities.

“For a long time, importers, exporters, freight forwarders and shippers have had to deal with the tedious and often inaccurate method of manually researching for the exact trade tariffs of the goods and commodities they were dealing with – through cross referencing 2 to 3 books and from CD applications and databases.”

“And even if they manage to pinpoint the right tariff rate, it doesn’t guarantee that the calculated tariff is accepted by Customs; nor it is easy to source a Customs Ruling to proof otherwise,” explains Soon.

Using Tradenex.com’s TFO, these problems are immediately resolved as the entire tariff rates of the Malaysian Customs – of more than 8,800 and 12,600 tariff items under the Harmonized Systems (HS) and ASEAN Harmonized Tariff nomenclature (AHTN) codes respectively, can now be accurately and instantaneously determined, and retrieved at the user’s fingertips.

Booster to Local Trade

The TFO is virtually the entire database of the Malaysian Custom tariff rates consolidated into a single Web-based platform, a powerful and thoughtfully designed search application that any registered user can access via the Internet.

Datuk Paul Low, Vice President of FMM and Chairman of Tradenex.com says that the availability of the TFO system is a direct boost to the productivity of the local trade industry’s processes. “TFO will hugely benefit the large community of freight forwarders, importers and exporters both locally and overseas as it provides accurate and instantaneous tariff rate verification.”

“While tariff information has been available in hardcopy and CD format for several years now, no one has had the technology to translate that into a web-based application with such powerful and relevant functionalities. We are glad that Tradenex.com has breached this challenge successfully,” says Low.

A Powerful Malaysian Tariffs Knowledge Base

Besides the latest and accurate tariff rates, the item description of relevant goods and commodities are available in three languages – English, Malay and Chinese; and information regarding the approved permit (AP) and restrictions of each item can be found immediately.

“Tradenex.com guarantees that all tariff information on TFO is the latest and in-line with the Malaysia Customs, with the TFO system being updated within 4 hours of every new Custom legislation or new ruling announcements,” exerts Soon.

TFO also provides users with 10 years worth of Customs rulings on previous transactions furnished by KDRM itself – in order to solve any disparities or tariff rate calculation disputes at Custom check points, if any.

Another unique feature of the TFO is the search option that provides a kind of Thesaurus dictionary which assists users to accurately define the commercial item they are dealing with. “For example, the Thesaurus will clarify that the trade name for ‘hard disks’ is actually ‘system storage’; hence eliminating a lot of inaccuracies in the user’s effort to refer to the right tariff rate code,” explains Soon.

Collaborations in the development of the TFO

Information on TFO is highly credible as this service is provided by Tradenex.com in formal collaboration with In-Glow Technologies Sdn Bhd, the content provider involved in the development of the existing Customs tariff rates CDs.

“Besides In-Glow, the successful development of the TFO system is also attributed to Microsoft. Tradenex.com is a Microsoft Independent Software Vendor (ISV), and our technology is developed on Microsoft’s technology platform,” shares Soon.

Moving forward, Tradenex.com, together with its partners, plans to add tariff rates from other nations into TFO in order to better facilitate trade in the region. “TFO is just is one of a series of Gateway-Connect solutions and services that Tradenex.com will be launching for the trade, manufacturing and logistics sectors. Our aim is to provide the necessary tools to ensure a smooth facilitation of the local trade industry, which in turn drives value to our customers and the nation as a whole,” surmises Soon.

Business Intelligence (BI) technology adoption in Malaysia is growing at a healthy pace. More business organisations are becoming more aware on how a robust BI system will give them a competitive edge.

PIDM is one of the entities that are investing in BI technology with an aim to provide leading edge risk assessment and monitoring tools.

KUALA LUMPUR, 15 June 2007 – SAS Malaysia has been appointed by Perbadanan Insurans Deposit Malaysia (PIDM) to provide its Business Intelligence technology to develop leading edge risk assessment and monitoring tools to help it achieve its mandate as the national deposit insurer.

Mr. Jimmy Cheah, Managing Director of SAS Malaysia and Mr. Jean Pierre Sabourin, Chief Executive Officer of PIDMFrom Left: Mr. Jimmy Cheah, Managing Director of SAS Malaysia and Mr. Jean Pierre Sabourin, Chief Executive Officer of PIDM

The partnership between SAS and PIDM was announced at a closed-door ceremony in Kuala Lumpur today.

Jimmy Cheah, Managing Director of SAS Malaysia said that SAS’s wealth of international experience in providing solutions for specific industries coupled with its proven platform environment will be applied to help PDIM build the tools it requires.

“Today’s business climate calls for better and timely information to fulfill the increasing demands for transparency and sound corporate governance. As the volumes of data continue to increase exponentially, being able to intelligently analyze the right information and make the right inference is key. With SAS’s powerful yet easy-to-use reporting system, PIDM will be able to pull together critical information and be able to perform required analysis,” says Cheah.

“SAS is honored to have been selected by PIDM to help develop a risk and monitoring system to meet its needs.”

Jean Pierre Sabourin, PIDM’s Chief Executive Officer (CEO), stated that PIDM’s role is to administer an effective deposit insurance system to protect Malaysian depositors. We believe SAS’ Risk Assessment solution will provide us the platform to manage our statistical data effectively,” says Sabourin.

Starting June this year, PIDM and SAS will begin the development of the first phase of the three-year risk assessment system project.

About PIDM

Perbadanan Insurans Deposit Malaysia (PIDM) was formed under the Malaysia Deposit Insurance Corporation Act 2005, with a mandate to administer the deposit insurance system in Malaysia. Deposit insurance is a system established by the Government to protect depositors against the loss up to RM60,000 of their insured deposits placed with member institutions in the unlikely event a member institution is unable to meet its obligations to depositors. As the national deposit insurer, a key aspect of PIDM’s work is to asses and monitor the inherent risk of providing deposit insurance and to promote and contribute to the stability of Malaysia’s financial system.

About SAS

SAS is the leader in business intelligence and analytical software and services. Customers at 43,000 sites use SAS software to improve performance through insight from data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products and processes. Only SAS offers leading data integration, storage, analytics and business intelligence applications within a comprehensive enterprise intelligence platform. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®. www.sas.com

Alcatel-Lucent

Kuala Lumpur and Paris, June 11, 2007 – Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced that it has been awarded a 10 million Euro contract to supply a 10 gigabit next generation IP/Ethernet network to Telekom Malaysia Berhad (TM), Malaysia’s leading communications service provider. The network is being delivered through AirStar (M) Sdn Bhd, a local solutions provider in telecommunications and ICT.

Alcatel-Lucent’s solution will enable TM to offer highly reliable services such as Virtual Leased Lines and Virtual Private LAN Services to its business customers. This next generation network will also form the platform for future services, including triple play, allowing TM to offer the next wave of advanced services with minimal further investment.

Built on a single unified IP infrastructure, Alcatel-Lucent’s IP-based solution is designed to support multiple type of services with superior scale, hierarchical quality of service and availability, critical for guaranteeing stringent Service Level Agreements on business-critical data.

“Alcatel-Lucent brings its worldwide experience and expertise in major IP network and service transformation projects in this partnership with Airstar and TM”, said Pierre Cheyron, Country Senior Officer and Managing Director of Alcatel-Lucent Malaysia. “Together, we are building the largest carrier class, MPLS-based IP/Ethernet network in Malaysia, which enables TM to adopt advanced technological solutions to meet broadening market demand and challenging targets.”

AirStar Chief Executive Officer, Zulkifli Osman, said: “The contract strengthens both Airstar and Alcatel-Lucent positions as key technology partners and suppliers to TM. Alcatel-Lucent’s global leadership in IP solutions ideally combines with our ICT expertise to support such global network transformation projects.”

TM’s Malaysia Business Chief Executive Officer, Zamzamzairani Mohd Isa said, “IP/Ethernet technology is definitely where the future of networks lie. Our deployment in key business centres nationwide is to ensure we are able to provide our corporate customers with the most cost-effective and flexible network solution to meet their growing needs. As the leading telecommunications provider of the nation, we need to be always forward looking in all our investments to ensure that we stay competitive and relevant to our customers.”

Alcatel-Lucent is deploying its industry-leading IP/MPLS portfolio, namely the Alcatel-Lucent 7750 Service Router, Alcatel-Lucent 7450 Ethernet Service Switch, Alcatel-Lucent 7250 Service Access Switch and the Alcatel-Lucent 5620 Service Aware Manager.

Over 160 service providers in more than 60 countries around the world have selected the Alcatel-Lucent IP portfolio as key elements for their IP transformation, including massive, multi-year projects at AT&T, BT and Telstra. In the past months, Alcatel-Lucent has announced new service provider IP transformation deployments at Cable & Wireless, China Mobile, CTM-Macau, Hawaiian Telecom, Indosat, SaskTel, Telefónica Latin America, Telecom Malagasy and Vodafone.

About TM

Telekom Malaysia Berhad (TM), a leading regional information and communications group, offers a comprehensive range of communication services and solutions in fixed-line, mobile, data and broadband. As one of the largest listed companies on Bursa Malaysia with an operating revenue of more than RM16 billion, TM is driven to deliver value to its stakeholders in a highly competitive environment.

The Group places emphasis on continuing customer service quality enhancements and innovations. Currently, with investments and operations in 13 countries around Asia and globally, TM is focused on sustainable growth in both the local and international markets.

On the Corporate Social Responsibility (CSR) front, the Group has always been a major corporate contributor towards responsible activities in the belief that these practices are a fundamental tenet of good corporate governance. The Group promotes 3 major platforms i.e. education, sports development and community/nation-building. Under education, TM has spent some RM800 million to develop Multimedia University with more than 20,000 students. TM has also provided scholarships to over 10,000 graduates pursuing academic programmes locally and overseas. On the sports front, TM is actively contributing towards the upliftment of football at all levels while under the community/nation-building platform, the Group contributes towards causes that bring value to the community and nation at large.

For further information on TM, visit www.tm.com.my

About Airstar (M) Sdn Bhd

Airstar (M) Sdn. Bhd. (AirStar) is both a Bumiputra and a certified Multimedia Super Corridor (MSC) status company. Having the MSC status, the Company had been participating actively in the development of the MSC projects, and is also actively pursuing the telecommunication industry. It is among the first group of Malaysian companies that obtained the MSC R&D Grant Scheme (MGS) approved by the Ministry of Science, Technology and Environment in 2002. The Company focuses on R&D effort on wireless microwave Point-to-Point telecommunications system, catering to challenges faced in tropical climate area.

AirStar was incorporated in 1997, and is a registered contractor with the Ministry of Finance, Ministry of Defence, government linked companies such as Telekom Malaysia Berhad and Tenaga Nasional Berhad, and others including PLUS and Putrajaya Holdings. The company is embarking on strategic alliances and collaboration with multinational companies in providing a cost-effective solution to its customers.

For further information on AirStar, visit www.airstar.com.my

About Alcatel-Lucent

Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications, and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved adjusted proforma revenues of Euro 18.3 billion in 2006 and is incorporated in France, with executive offices located in Paris. [All figures exclude impact of activities transferred to Thales]. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com