more about business and how to thieve in our market nowdays. My dream is to be a successful business woman in Malaysia. Now days we see that most of the richest person in Malaysia and in the world are man such as Bill Gates (Microsoft)‚ Mr. Tony Fernandes (Air Asia) and many more. Most of them successful in their business‚ and I hope I can be like them and beat the streak by being the richest women in the Malaysia and hopefully in the world. My name is Nik Amira Liyana and this is myself and
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mutual respect. Excellence in Performance -Setting goals beyond the best and reinforcing high quality performance standards and achieving excellence through implementing best practices. 2- As a potential future leader with Air Asia if I was Tony Fernandes the improvements I would like to see made to these strategies that Airasia Has implemented would be coaching and mentoring others to acquire new know‚ collecting‚ collating and analysing information using appropriate workplace business systems
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Corporate Social Responsibilities Tony Fernandes‚ CEO of Kuala Lumpur-based Air Asia started a low-cost airline at a time when everyone thought he would fail. He placed high emphasis on his workforce and flexible HR strategies. During the past few years‚ Air Asia has become one of the best low-cost airlines in Asia and it has also boosted its CSR efforts. Fernandes’ basic sense of CSR starts with his people: Air Asia was one of the first airlines in Asia to hire female pilots. He says that his staff
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(Diversified Resources Berhad- The Heavy Industries Corporation of Malaysia Berhad). On 2 December 2001 the heavily-indebted airline was bought by former Time Warner executive Tony Fernandes’ company Tune Air Sdn. Bhd. for the token sum of one ringgit (about USD 0.26 at the time) with USD 11 million (MYR 40 million) worth of debts. Fernandes turned the company around‚ producing a profit in 2002 and launching new routes from its hub in Kuala Lumpur‚ undercutting former monopoly operator Malaysia Airlines with
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carrier was obtained by Tony Fernandes‚ proprietor of Tune Air Sdn Bhd for the token whole of RM1 (Jusmpstart Malaysia‚ 2011). As a feature of the buy‚ Tony likewise took up the RM40million obligation. In any case‚ under the initiative of Tony Fernandes‚ today‚ Air Asia is a world renowned ease carrier that works broad systems both locally and globally. Air Asia is set to take minimal effort travelling to an all new high through their rationality of ’Now Everyone Can Fly’ (Fernandes‚ 2004). Their vision
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situational leadership theory and Fiedler’s contingency theory. Besides by completing this I can learn and know about Tony Fernandes background‚ achievement‚ leadership style‚ traits and personalities. If we did not doing this we unable to know this great figure that have been contribute in Malaysian airline business. Next‚ I can better understand this leadership subject. I found that Tony Fernandes is very interesting person because he is not only good in business but he also good in music and sports. Transformational
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Question : How would you describe Fernandes’ entrepreneurial strategy? 1. General. Tony Fernandes was a risk taker; he bought his airline without prior knowledge about aviation as well as firsthand experience with the airline industry. He said in one of the interviews‚ “Go with your gut‚ give it your best bet and you may fail‚ but don’t give up” (INSEAD Knowledge‚ 2007). This statement shows the type of the person that he is. He is an independently-minded person who knows when to trust his gut
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commenced operations on 18 November 1996‚ AirAsir was originally founded by a government-owned conglomerate DRB-Hicom. On 2 December 2001‚ the heavily-indebted airline was purchased by former South East Asian regional vice-president Warner Music Group Tony Fernandes ’s company Tune Air Sdn Bhd for one ringgit. AirAsia Berhad is a Malaysian low-cost airline. It operates scheduled domestic and international flights and is Asia ’s largest low-fare‚ no-frills airline. AirAsia is a pioneer of low-cost flights
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heavily-indebted airline was bought by former Time Warner executive Tony Fernandes’s company Tune Air Sdn Bhd for the token sum of one ringgit with 40 million ringgit worth of debts on 2 December 2001. Fernandes turned the company around‚ producing a profit in 2002 and launching new routes from its hub in Kuala Lumpur‚ undercutting former monopoly operator Malaysia Airlines with promotional fares as low as 1 ringgit. AirAsia’s CEO Tony Fernandes subsequently unveiled a five-year plan to further enhance its
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Introduction An organisation has several different roles and responsibilities within a business. Managers being an integral part in an organization structure‚ plays an important part in shaping‚ designing‚ building and sustaining an organization. A managers jobs can vary based on the size of an organisation they work for. The concept of a business manager is making sure to help ensuring the company runs smoothly and is doing everything it can for the organization to be successful. A manager will
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