June 08, 2014

KBAM–Asset Management

On Fri. presentation about Asset Management part, our team decicded to use three aspects of Asset Management-Resource utilization, maintenance, and health & safety system, other board directors and Paul challanged our view about other aspect such as environmental management.

In the beginning, we thought WaveRiders is a SME, their situation is not good, so we focused on how to optimize their current resource and asset, and also considered their employees so health & safety system were also taken care. However, when Paul mentioned about environmental management and the related CSR, I realized that taking care of their employees is not enough, they still have their corporate social responsibility even if they are SME. So this reminds me a news in Taiwan that a company reused their tire to make furniture, the furtinure's quality is good and durable since it's made of tire, this contributed more income and the company acyually sold them in very cheap price to help people who have the needs but can't afford expensive one, this way the company reduced the waste of their material, reduced the waste into the environment and become more eco-friendly, and also helped the people in need to fulfill their social responsibility, this is such a good example for our team to think about that behind making profits, how SME can actually contribute to this society even if they don't have huge fortune. I believe if they are willing to change, and examine their current situation and asset, every organization can use their creativity to come up with good measures as above company in Taiwan.

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