Entrepreneurship

Mahathir Mohamed
By: Nasr Attia

Contents
1-Introduction 2-Mahathir Mohamed in lines 3-Malaysia outlines 4-Mahathir Mohamed Strategy 5-Malaysia Development By Mahathir Mohamed 6-Mahathir Mohamed Books. 7-Conclusion 8-References

1- Introduction
Entrepreneurship is more than simply starting a business. The definition of entrepreneurship is a process through which individuals identify opportunities, allocate resources, and create value. This creation of value is often through the identification of unmet needs or through the identification of opportunities for change. Entrepreneurs see problems as opportunities, then take action to identify the solutions to those problems and the customers who will pay to have those problems solved. Entrepreneurial success is simply a function of the ability of an entrepreneur to see these opportunities in the marketplace, initiate change (or take advantage of change) and creates value through solutions. The word entrepreneur originates from the French word, entreprendre, which means "to undertake." In a business context, it means to start a business. The Merriam-Webster Dictionary presents the definition of an entrepreneur as one who organizes, manages, and assumes the risks of a business or enterprise.

2- Mahathir

Mohamed in Lines

v Mahathir Mohamad was born in 1925 in Sebrang Perak. v He joined the UMNO(United Malays National Organisation) in 1945. v He is a graduate of the University of Malaya in Singapore where he got a medical degree (1955). v From 1955 to 1957, he was a medical officer in the Kedah Government. In 1957, he set up his own practice in Alor Setar. v In 1964, he won his first election as a member of the Alliance and became a member of Parliament for Kota Star Selatan. v In 1969, he lost his constituency and was later on expelled from UMNO. Readmitted in 1972. v In 1973, appointed Senator. v In 1974, he was elected uncontested member of Parliament and appointed Minister of Education. v In 1975, he was elected Vice-President of UMNO. v In 1976, appointed Deputy Prime Minister and Deputy Home Minister, then Minister of Trade and Industry. In 1978, being re-elected in his constituency, he was also elected Deputy President of UMNO. v In 1981, he was elected President of UMNO and became Prime Minister (July 16, 1981). v He retired from politics, undefeated at the polls in 2004

3- Malaysia

in Outlines

Malaysia is a federal constitutional monarchy in Southeast Asia.

v It consists of thirteen states and three federal territories and has a total land mass of. v It is separated by the South China Sea into two regions, Peninsular Malaysia and Malaysian Borneo (also known as West and East Malaysia respectively). v Land borders are shared with Thailand, Indonesia, and Brunei, and maritime borders exist with Singapore, Vietnam, and the Philippines. Peninsular Malaysia is connected to Singapore via a causeway and a bridge. v The capital city is Kuala Lumpur, while Putrajaya is the seat of the federal government. v The population as of 2009 stood at over 28 million v Ethnic groups: Malay 53.3%, Chinese 26.0%, indigenous 11.8%, Indian 7.7%, others 1.2% v Religions: Islam (60.4%), Buddhism (19.2%), Christianity (9.1%), Hinduism (6.3%), other/none (5.0%). v Languages: Bahasa Melayu (official), Chinese (various dialects), English, Tamil, indigenous.

Geert Hofstede Cultural Dimensions

4- Mahathir

Mohamed Strategy

v Is seen to Dr Mahathir Mohamad as the builder of modern Malaysia, since taking office in 1981 led a revolt political and economic reforms, social and scientific in Malaysia and moved from the developing world to the developed world v the decisions of Dr. Mahathir Mohammed, who is described as his strong will and interpretations logical as magic key to uncover the long-term goals of Western policy and the U.S. towards the countries of South East Asia and even combining Eastern and Western civilizations in harmony rarely found elsewhere where he helped play a major role in achieving coexistence between the various Religions and races. v One of the issues that contributed the growing of the popular and official respect to Mahathir Mohamed was his interest in issues of education and the economy, since the beginning of his political activity was his main concern to save his people and citizens from underdevelopment, ignorance, v One of his speech regarding this issue: "The inherited education system for the British during the period we actually had them, but we felt that that does not meet our aspirations, we need people with higher education, so we spent 20% of our budget, national education, which is more than what we spend on defense for example, and encouraged education to the extent that we had 50 thousand students studying abroad at any one time and the same number studying in the institutes of the country's supreme, but the emphasis was on the study of science, technology and development, not on literary subjects such as history, etc. Therefore, emphasis has always been to build a workforce that we need to develop the country. " v Dr. Mahathir Mohamed had provided a clear vision to Malaysia companies and their employees: to reach the standard of living of industrialized countries by the year 2020. This plan, called Vision 2020,3 is accelerating v Malaysia's shift to high-technology industries. Specific objectives include accelerated industrial restructuring, technological upgrading, human resource development, and industrial linking. v Malaysia's seventh development plan emphasizes the capabilities of its manufacturing sector by producing higher-value-added products and developing workers better capable of meeting the requirements of more sophisticated manufacturing processes. v DR. Mahathir Mohamed plan focuses on development of industry, academic, and government relationships. The government is developing preemployment schools to train employees with strong work ethics and loyalty to company and country. v It has also developed high-tech industrial parks to allow for the concentration of industry, research and development, and academic institutions. v Also supporting industry with technical training programs and research programs at universities. v the first steps of the Unit of Malaysia, which was brought by Dr. Mahathir, in power away "Papal" of the Sultans of the various states that existed during the first years after independence, through the constitutional amendments made by these sultans just national symbols so that it no longer entitled Sultan To dissolve parliament and appoint the heads of the Territories, at the same time retaining their rights and their allocation of financial v Dr. Mahathir Mohamed had define the high priority issue that need practical solutions which will contribute to the achievement of the desired program in Malaysia and access to modern safety and meet the growing challenges to the year 2020, the following things: 1. A firm loyalty of the people towards the homeland and citizens, which would contribute to the establishment of Renaissance culture and liberation. 2. The rule of economic justice and eliminate disparities based on ethnic or religious group.

3. The rule of economic well-being of all social groups. 4. Strengthening the capabilities of the Malaysian community and to provide full confidence in his ability to accomplish the best internally and externally. 5. The rule of democracy that is tailored to the demographics of the people of Malaysia. 6. A society governed by force of will and good morals and values. 7. Community access to the stage of creativity and technical innovation as it takes to occupy a prominent place on the global technology map. 8. Consolidate national unity among all members of the Malaysian people politically, culturally and ethnically.

5- Malaysia

Development by Mahathir Mohamed

6- Mahathir

Mohamed Books.

1982 - THE MALAY DILEMMA

1986 - THE CHALLENGE

1989 - REGIONALISM, GLOBALISM AND SPHERES OF INFLUENCE: ASEAN and the Challenge of Change into the 21st Century 1995 - THE MALAYSIAN SYSTEM OF GOVERNMENT

1998 - THE WAY FORWARD

1999 - A NEW DEAL FOR ASIA

2000 - THE MALAYSIAN CURRENCY CRISIS : HOW AND WHY IT HAPPENED

2002 - THE ROLE OF ISLAM IN THE MODERN STATE ISLAM, TERRORISM AND MALAYSIA'S RESPONSE

2002 - ISLAM AND THE MUSLIM UMMAH

7- Conclusion
v Nothings is impossible we can achieve any goal if we relay want and follow the right way (i.e. planning , organizing, leading and controlling) v Also the culture diversity is not always week point good leadership can use it as positive point for development, v The nation development need long term vision at the same time we need to use all available resources we have, v The entrepreneur always searches for change, responds to it, and exploits it as an opportunity. Peter Drucker

8- References
1) Hokkaido University (Economic Growth and Industrialization Strategy in Malaysia:Before 1980) 2) http://www.geert-hofstede.com/ 3) DR. Mahathir Mohamad in Arabic and Islamic Eyes (Dr. AbdElhaleim Abd Elwahed 2003) 4) Economic Growth and Development in Malaysia:Policy Making and Leadership (Zainal Aznam Yusof/ Deepak Bhattasali) 5) http://www.worldbank.org/