Productivity plays an important role in determining the level of economic development and translates to the well-being of the people. In the presentation of the 11th Malaysia Plan Mid-Term Review (RMK11) study, the labor productivity improvement rate was adjusted to 3.2% per annum by 2020. To achieve higher productivity levels, continuous improvement efforts, waste reduction and more creative work will be required as a daily practice.
To further strengthen the initiatives to improve service efficiency, the Malaysia Productivity Corporation (MPC) as the Secretariat of The Special Task Force to Facilitate Business, known as PEMUDAH and the World Bank Group (Malaysia) has worked together to establish an initiative on regulatory best practices to encourage the increased influx of foreign investment.
The MPC has also been mandated in accordance with the 10th Malaysia Plan and the 11th Malaysia Plan to spearhead a comprehensive review of business regulations and improve key economic sector processes and procedures. The scope of this work covers all sectors of the economy with priority being given to the regulations affecting the National Key Economic Areas (NKEAs) towards creating a conducive business ecosystem to drive sustainable economic growth.
In addition, efforts to enhance innovation capabilities through projects based on the Team Excellence approach were also implemented to improve the work processes and services offered. Through continuous implementation of Team Excellence activities, they are able to contribute positively to the productivity growth of their organizations, as well as help to further enhance the innovation eco-system in Malaysia.
To drive productivity & culture innovation and creativity, the “Productivity Champion” recognition program was introduced in recognition of the contribution of the individual expertise involved. May they serve as an example and encouragement to more industry players to participate in productivity, innovation and creativity initiatives.
Productivity is also often associated with the 5 needs that form the basis of action taken to achieve a productive, balanced and harmonious productive life. The 5 basic requirements are Life, Resources, Intelligence, Generation and Life. In order to ensure the sustainability of the culture of productivity and the individual remains productive, all five of these basic needs must be interrelated.
In essence, to produce productive people, individuals need to inculcate a culture of priority productivity (Way of Life). Productive people should prioritize health, emotional, mental and physical well-being in any day-to-day tasks or routines despite the challenges they face.
Once again, I would like to express my deepest gratitude and appreciation for all the support shown towards MPC’s efforts to provide effective service and achieve outstanding results through innovation towards improving the standards of living.
Dato’ Abdul Latif Hj. Abu Seman
Malaysia Productivity Corporation (MPC)