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Weekly AI Trends & Events Digest | 6 July 2026

Pelican Concepts

THE TAKE

Three numbers should reset your AI planning this week. Claude Sonnet 5 became the default model for every free and paid user this week, at introductory pricing below its predecessor — the AI tool your team already has open in a browser tab just got noticeably better and cheaper, whether you budgeted for it or not. Publicis Sapient’s new enterprise survey found 79% of organisations still can’t get AI adoption right, with only 18% fully integrated, even though AI already touches 53% of enterprise work. And Anthropic’s most capable model yet, Fable 5, is back in general release after a brief government-mandated suspension — proof that the frontier tools available to a $5M–$30M business today are sharper than they were a month ago, policy permitting.

Read those together and the picture is stark: the frontier keeps getting cheaper and more capable, while most companies — including plenty in Kuala Lumpur and Singapore — are stuck running pilots instead of production. That gap is the opportunity. Malaysia’s RM5.9 billion national AI push and Singapore’s new National AI Impact Programme are both explicit bets that SME and mid-market firms, not just tech giants, will capture the productivity dividend.

The tools are cheaper and more capable than they were a quarter ago. The money is flowing to whoever moves first. The window to be the AI-fluent operator in your sector — rather than the one still evaluating vendors in 2027 — is closing faster than most CEOs realise.

1. IN THE NEWS – MODEL & PRODUCT RELEASES 

Anthropic Makes Claude Sonnet 5 the Default — and Cuts the Price

Anthropic shipped Claude Sonnet 5 on June 30 and made it the default model for every Free and Pro user starting July 1. It performs close to flagship Opus 4.8 on many tasks and ships with a 1 million token context window as standard. Through August 31, introductory pricing puts it below what Sonnet 4.6 cost.

For a $10M–$100M operator, this is the real story: the “good enough” model tier just got dramatically better and cheaper at the same time. Workflows you shelved six months ago because the model wasn’t reliable enough, or the per-token cost didn’t pencil out, are worth re-testing this month.

Practical move: audit any AI pilot you paused in the last two quarters for cost or quality reasons. Re-run it against Sonnet 5 before you write it off for good.

Source: Build Fast With AI — AI News Today, July 1, 2026

Anthropic’s Most Capable Model Yet Is Back — Claude Fable 5 and Mythos 5

Anthropic released Claude Fable 5 — the first public version of its next model class, code-named Mythos — on June 9, alongside Claude Mythos 5 for vetted enterprise partners. Days later, a US export-control directive forced a sudden suspension of both models for foreign nationals, including Anthropic’s own foreign-national staff. The Department of Commerce reversed that decision on June 30, and Fable 5 returned to every user worldwide on July 1.

For a business owner, the technology is the least interesting part of this story. The interesting part is that a change in Washington policy took your AI vendor’s flagship product offline for you personally, with zero notice, for close to three weeks — even though you had nothing to do with the underlying dispute. If any part of your operations leans on a single AI vendor for something mission-critical, this is the argument for a documented fallback: a second model or vendor you can switch to within a day, not a quarter.

On capability, Fable 5 handles software engineering, knowledge work, and vision tasks, with hard safety limits that route high-risk requests — cybersecurity, biology, chemistry — to the more conservative Claude Opus 4.8 instead.

Source: Fortune — Anthropic’s Fable and Mythos Models Are Back, July 2, 2026

OpenAI Previews GPT-5.6 — But You Can’t Use It Yet

OpenAI unveiled its next model family on June 26: Sol (flagship), Terra (balanced), and Luna (fast, low-cost). Access is currently gated to roughly 20 trusted organisations, with general availability planned for “coming weeks.”

For mid-market leaders, this is a heads-up, not an action item. Don’t build a Q3 roadmap around a model you can’t yet buy. It does confirm that tiered pricing — flagship, balanced, cheap — is becoming the industry standard, which means your AI vendor costs should keep dropping across all three tiers as this rolls out.

Watch for general availability over the next few weeks — that’s when it becomes relevant to your procurement conversations.

Source: LLM Stats — LLM News Today, July 2026

Google Pushes Gemini 3.5 Pro to General Availability

After slipping from a June target, Gemini 3.5 Pro is cleared for general availability this month, positioned against Gemini 3.1 Pro, currently one of the top-ranked reasoning models on independent benchmarks. Google also shipped Gemini 3 Pro Image, aimed at design and marketing production work.

If your business runs on Google Workspace, this matters more than the headline suggests. Google is embedding Gemini directly into every Workspace surface, so the upgrade may land inside your existing subscription with no new procurement decision required.

Check with your IT lead or Workspace admin on rollout timing before assuming you need a separate AI budget line for this one.

Source: AI Release Tracker — Latest AI Model Releases, July 2026

2. ENTERPRISE ADOPTION & CASE STUDIES

97% of Executives Deployed AI Agents. Only One in Five Can Govern Them.

Publicis Sapient’s 2026 Global Enterprise AI Report found AI now supports 53% of enterprise work, yet only 18% of organisations call themselves fully integrated. Separately, 97% of executives say their company deployed AI agents in the past year — but only one in five have a mature governance model for them.

“54% of C-suite executives admit AI adoption is straining their organisation internally.”

The lesson for a mid-cap operator: deployment speed without governance is now the median failure mode, not the exception. If you’re rolling agents into finance, customer service, or operations, put a named owner and a review cadence in place before you scale past pilot — that’s the difference between the 18% who are fully integrated and the 79% still fighting their own rollout.

Source: Publicis Sapient — 2026 Global Enterprise AI Report

Telecom and Retail Are Pulling Ahead on Agentic AI

Telecommunications firms lead agentic AI adoption at 48%, with retail and consumer packaged goods close behind at 47%, per new industry survey data. Worker access to AI tools inside organisations rose from under 40% to roughly 60% in a single year.

If your sector isn’t telecom or retail, treat this as an early-warning signal, not a reason to wait. The adoption curve that started in those industries eighteen months ago is now showing up in professional services and manufacturing. Movers in year two of a sector’s AI curve capture most of the advantage; movers in year four are playing catch-up against entrenched competitors.

Source: NVIDIA — State of AI Report, 2026

Users Are Ditching “Tokenmaxxing” for Efficiency

A growing share of OpenAI’s and Anthropic’s own customers are shifting from maximising token usage to optimising for cost efficiency, as enterprise AI adoption matures past the “throw compute at everything” phase, according to reporting this week.

For a mid-market operator paying by usage, this is good news: it signals vendors are being pushed toward more cost-disciplined pricing and tooling by their own biggest customers. Before renewing any AI contract, ask what efficiency-mode or reduced-cost options now exist that didn’t six months ago — you’re negotiating from a stronger position than you were in Q1.

Source: CNBC — OpenAI and Anthropic Face New AI Reality, June 26, 2026

3. FUNDING & M&A

AI Funding Hit $510 Billion in H1 2026 — 43% Went to Two Companies

Global venture funding reached a record $510 billion in the first half of 2026. OpenAI and Anthropic alone accounted for $217 billion of that — 43% of all startup capital raised worldwide. Nearly 88% of all AI funding went to US-headquartered companies.

Practical implication for a mid-market buyer: this concentration lets the frontier labs subsidise pricing and outspend smaller vendors on distribution — good news for your input costs, bad news if you’ve bet your stack on a smaller, undifferentiated AI vendor. Ask any vendor with under $50M raised how they plan to compete on model access and pricing over the next 18 months.

Source: Crunchbase News — Record-Breaking AI Funding, 2026

Together AI Raises $800M; Anthropic Buys Its Way Into Biotech

Together AI closed an $800 million Series C led by Aramco Ventures, one of the largest infrastructure raises of the year. Separately, Anthropic acquired computational biology startup Coefficient Bio for roughly $400 million in an all-stock deal and hired AlphaFold lead John Jumper away from Google DeepMind.

Neither deal touches your business directly, but both signal where frontier labs are placing bets beyond chat: compute infrastructure and vertical science applications. If you’re in healthcare, pharma, or a life-sciences-adjacent industry, expect the first serious AI-native competitors in your space to emerge from exactly this kind of lab-to-vertical move within 12–18 months.

Source: Tech Startups — Venture Capital & Startup Funding Roundup, July 1, 2026

4. SOUTHEAST ASIA SPOTLIGHT — MALAYSIA & SINGAPORE

Malaysia Commits RM5.9 Billion to AI — and Locks Data Centres to AI-Only Use

Prime Minister Anwar Ibrahim’s 2026 budget allocates RM2 billion (~US$490 million) to build a sovereign AI cloud, letting Malaysian organisations train and deploy models on domestic infrastructure rather than relying solely on foreign-owned cloud providers. It sits inside a wider RM5.9 billion (~US$1.44 billion) commitment to AI research, development, and commercialisation. Malaysia has also stopped approving new data centre projects that can’t demonstrate an AI or high-tech use case — a direct policy signal about where the government wants capital to flow.

RM5.9 billion (~US$1.44 billion) — Malaysia’s total 2026 commitment to AI research, development, and commercialisation.

For a Malaysian CEO, the practical read is this: sovereign infrastructure and RDCI grants are coming online this year. If data residency, compliance, or cost has been your reason to delay a serious AI infrastructure investment, policy is actively dismantling that objection. Get your team in front of MOSTI or MDEC now, before the RDCI funding queue gets long.

Source: MyDIGITAL — Budget 2026: Accelerating Malaysia’s Digital Transformation

Singapore’s Budget 2026 Puts Real Money Behind SME AI Adoption

Singapore’s Budget 2026 introduced a 400% tax deduction for AI investment (capped at S$50,000 per assessment year), an expanded Productivity Solutions Grant covering more AI-enabled tools with up to 50% co-funding, and a new National AI Impact Programme targeting 10,000 enterprises and 100,000 workers over three years. The flagship Champions of AI Programme, for companies ready to move beyond pilots, launches later this year. Forecasters have also raised Singapore’s 2026 GDP outlook to 4.3%, citing sustained AI-related investment alongside a construction boom.

For an SME or mid-cap CEO in Singapore, the arithmetic changed this quarter: co-funding plus a tax deduction plus a skills subsidy means your effective cost of a serious AI adoption programme is meaningfully lower than it was six months ago. If you haven’t mapped your planned AI spend against these three schemes, that’s a half-day exercise with a direct payback.

Source: Singapore Budget 2026 — Harness AI as a Strategic Advantage

5. TOOLS & WORKFLOWS WORTH TRYING

Claude Sonnet 5 — Now the Free-Tier Default, Worth a Second Look

What it does: Anthropic’s most agentic Sonnet model yet, with a 1 million token context window and pricing below the previous generation through August 31.

Use case for a CEO: point it at a genuinely messy multi-step task you’ve been doing manually — reconciling a vendor contract against your actual invoices, drafting a first-pass board deck from raw operating data, or triaging a backlog of customer emails against your policy documents. The larger context window means it can hold an entire contract or a quarter’s worth of data in a single pass instead of you chunking it manually.

Source: Build Fast With AI — AI News Today, July 1, 2026

Zapier’s AI Copilot — Build Automations by Describing Them

What it does: Zapier now bundles Tables, Interfaces, and Zapier MCP into standard plans, and its AI Copilot builds multi-step automations from a plain-language description. Its Agents feature creates assistants that take multi-step actions across your existing tool stack.

Use case for a CEO: describe a recurring admin task in plain English — “when a new lead enters our CRM, check it against our disqualification criteria, and if it passes, schedule a call and notify the sales lead on Slack” — and let Copilot build the workflow instead of briefing a developer. It’s the fastest path to a working automation without adding headcount or a dev queue.

Source: Zapier — Best AI Productivity Tools, 2026

THIS WEEK’S TAKEAWAY

Ninety-seven percent of executives say they deployed AI agents this past year. Only one in five say they can actually govern what those agents do. If your competitors are moving faster than their ability to control what they’ve built, is the smart move to move faster too — or to make sure your own foundation can hold the weight before you add another agent to it?

EVENTS

AIBP C&E Kuala Lumpur — July 8–9, 2026. 600+ enterprise leaders on AI transformation, cybersecurity, ESG, and digital workforce. aibp.sg/conference-exhibition-malaysia

Conversational Tech Summit Asia — Kuala Lumpur, Singapore & Jakarta, 2026. CEOs and practitioners on generative and agentic AI for customer experience. conversationaltechsummitasia.com

📬 Subscribe to the Weekly AI Digest Each Monday morning, Peter Lam distils the week’s most actionable AI developments for SME and mid-cap CEOs — no hype, no filler, just what matters for your business. Subscribe at peterlamcoach.com · Forward to a CEO who should be reading this.

Pelican Concepts  |  peter@peterlamcoach.com  |  peterlamcoach.com  |  Week of 23-29 June 2026

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Weekly AI Trends & Events Digest | 29 June 2026

Pelican Concepts

THE TAKE

Two stories dominated AI this week, and together they tell you everything about where the industry stands. First: Anthropic is now valued at $965 billion, surpassing OpenAI, after closing a $65B Series H – and both companies have confidentially filed for IPOs. Second: a Deloitte survey confirmed that 97% of executives say AI is delivering value, yet only 29% report significant organisational ROI. That gap is the defining business problem of 2026.

Put those two facts side by side. The infrastructure build-out is global and accelerating – Singapore and Malaysia are racing to lead the region, China has committed $295 billion over five years, and AI supports 53% of enterprise work globally. Yet only 18% of organisations have fully integrated it. For CEOs running $5M-$100M businesses in Southeast Asia, the competitive gap between early adopters and late movers is widening every quarter. The window to build an AI-native operation is open now. It will not stay open indefinitely.


1. MODEL & PRODUCT RELEASES

Anthropic Launches Claude Fable 5 & Mythos 5 – Then US Export Controls Intervene

On 9 June, Anthropic released Claude Fable 5 and Claude Mythos 5, its most capable models to date. Fable 5 scored 95% on SWE-bench Verified – the industry’s coding benchmark – and is priced at $10/$50 per million tokens. For a mid-market business, that means access to a coding and analysis capability that rivals a full developer team, billed by the task rather than by the headcount.

The launch was short-lived. On 12 June, a US Commerce Department export control directive forced Anthropic to disable both models for all users worldwide. Neither had returned as of 19 June. The incident is a reminder that AI capability is now a geopolitical asset. For businesses building on frontier AI – especially in Southeast Asia – vendor diversification and local model options are no longer theoretical concerns.

Source: CNBC – OpenAI and Anthropic face new AI spending reality  |  AI Updates Today June 2026

Google Releases Gemini 3.5 Pro with 2-Million-Token Context Window

Google DeepMind’s Gemini 3.5 Pro ships with a 2-million-token context window – the largest of any production frontier model – alongside a “Deep Think” reasoning mode. In practical terms: a CEO can feed an entire year’s worth of board reports, contracts, and financial statements into a single session and ask substantive questions. No chunking, no summarisation loss, no context switching.

Gemini’s share of the global AI assistant market has risen to 27.7%, with ChatGPT at 46.4% and Claude at 10.3% (Sensor Tower 2026). Google is also shipping Gemini 3.5 Flash for high-speed, lower-cost tasks. The practical implication for SMEs: you now have credible alternatives to OpenAI at every price point, and the gap between the top models is narrowing fast.

Source: Build Fast With AI – AI News June 22 2026  |  LLM Stats – AI Updates June 2026

Zoom Launches AI Productivity Suite: From Meetings to Deliverables

Zoom shipped its AI Productivity Suite – a connected set of tools (Zoom Canvas, Slides, Sheets, Paper) designed to turn conversations into finished work without manual re-entry. The pitch is conversation to completion: a meeting ends, and the decisions, action items, and draft documents are already generated.

Source: Zoom News – AI Productivity Suite launch


2. ENTERPRISE ADOPTION & CASE STUDIES

72% of Agentic AI Deployments Now in Production – But Only 29% Deliver Significant ROI

Two data points matter here. The Agentic AI Institute reports that 72% of enterprise AI agent deployments are now in production – up from roughly 40% eighteen months ago. Separately, Deloitte’s State of AI in the Enterprise 2026 shows that 97% of executives report AI benefits, yet only 29% see significant organisational ROI.

“AI supports 53% of enterprise work globally. Only 18% of organisations have fully integrated it.” – Deloitte State of AI in the Enterprise 2026

The gap exists because most deployments are still point solutions: one tool per team, no shared data layer, no process redesign. The businesses generating real ROI are those that redesigned workflows before deploying AI – not those that bolted AI onto existing processes. For mid-market leaders, the question isn’t ‘what AI tool should we buy?’ – it’s ‘which process should we rebuild first?’

Source: Agentic AI Institute – Enterprise Adoption 2026  |  Deloitte – State of AI in the Enterprise

JPMorgan Commits $19.8B to AI; Uber Burns Its Entire 2026 AI Budget by April

JPMorgan set a $19.8 billion technology budget for 2026, with 2,000 staff dedicated to AI – a signal that for financial services, AI is now core infrastructure, not discretionary spending. At the other end: Uber burned through its entire 2026 AI budget by April.

JPMorgan’s success comes from treating AI as a capability investment with board-level accountability and defined KPIs tied to specific business outcomes. Uber’s failure came from decentralised spending – dozens of teams buying overlapping tools with no shared measurement framework. For a $10M-$100M business, this is the clearest possible argument for appointing an AI lead before deploying at scale, not after.

Source: MarketScale – Enterprise AI Moves to Production  |  Writer – Enterprise AI Adoption 2026


3. FUNDING & M&A

Anthropic Hits $965B Valuation; OpenAI and Anthropic Both File Confidentially for IPO

Anthropic closed its $65 billion Series H at a post-money valuation of $965 billion – overtaking OpenAI as the most valuable standalone AI company. In early June, both Anthropic and OpenAI filed confidentially for what would be among the largest technology IPOs in history. OpenAI’s run rate is tracking near $25 billion; Anthropic’s has passed $30 billion.

For mid-market buyers evaluating AI vendors: this funding scale means Anthropic and OpenAI are not going away, but their pricing power is growing. Lock-in risk is real. Before committing a significant workflow to any single frontier AI provider, assess your switching costs and ensure your data is portable. The vendor you sign with in 2026 will be difficult to leave in 2027.

Source: Anthropic Newsroom  |  CNBC – Anthropic, OpenAI IPO filings

SpaceX Acquires Cursor for $60B; Cerebras IPOs at $95B Market Cap

SpaceX completed its $60 billion all-stock acquisition of Anysphere (maker of Cursor, the AI coding assistant). The message: the most valuable AI applications are those embedded in daily developer workflows, not standalone tools. Separately, Cerebras IPO’d on 14 May raising $5.55B at a $95 billion market cap, gaining 68% on its first trading day.

Q1 2026 set VC funding records, with global startup investment reaching $300 billion. Flourish raised $500M; Supabase closed $500M at a $10.5B valuation. For mid-market operators: this capital is flowing into AI infrastructure, which means the tools you use in 18 months will be materially more capable. Evaluating and building now gives you the workflow knowledge to upgrade intelligently.

Source: Crunchbase – Biggest Funding Rounds June 5 2026  |  Crunchbase – Q1 2026 Record Funding


4. SOUTHEAST ASIA SPOTLIGHT – MALAYSIA & SINGAPORE

SuperAI Singapore 2026 Sells Out: 10,000 Attendees, Global AI Powers Converge

Asia’s largest AI conference, SuperAI Singapore 2026, sold out at Marina Bay Sands on 10-11 June as the anchor event of Singapore AI Week (8-14 June). More than 10,000 attendees, 1,500 AI companies, and 150+ speakers from over 150 countries attended – including leaders from OpenAI, Google DeepMind, Anthropic, and Mistral AI. Over 100 satellite events ran across the city in partnership with Lightspeed, Notion, Alibaba Cloud, HSBC, and Stripe.

“Singapore is positioning itself as the world’s neutral AI hub – the place where Eastern and Western AI powers can do business on common ground.” – SuperAI 2026

For Malaysian and Singaporean SME leaders, this is more than a conference story. Singapore’s designation as a neutral AI venue reflects a deliberate national strategy: attract global AI investment, talent, and infrastructure while maintaining regulatory flexibility. If your business is evaluating cloud, compute, or AI partnerships, Singapore-incorporated entities increasingly offer preferential access to global AI provider agreements.

Source: PR Newswire – SuperAI Singapore 2026 Sells Out  |  SuperAI Singapore AI Week

Malaysia Marks 2026 as Its AI Transition Year – RM16.36B Budget Committed

Malaysia’s government has formally designated 2026 as the pivotal transition year in its push to achieve AI Nation status by 2030. Under Budget 2026, RM16.36 billion ($3.6B USD) has been allocated to the Ministry of Digital. Key line items include RM53 million in the Malaysia Digital Accelerator Grant (covering AI, blockchain, and quantum) and RM18.1 million to strengthen the National AI Office (NAIO).

Target: Malaysia in the top 20 countries for global AI readiness by 2030, with AI contributing more than RM60 billion to GDP. Between 2021-2023, Malaysia attracted RM115 billion in data centre investments – a foundation that now underpins serious enterprise AI infrastructure.

“AI contributions are expected to exceed RM60 billion toward GDP by 2030. The 13th Malaysia Plan (2026-2030) makes AI a national infrastructure priority.” – Malaysian Ministry of Digital

For Malaysian CEOs: the government is building the road. Watch for procurement programs, co-funding opportunities, and talent incentives targeted at SMEs in the next 12 months. NAIO will be the place to track policy alignment and grant programs.

Source: The Edge Malaysia – AI Nation 2030  |  Bernama – Malaysia Targets AI Nation Status


5. TOOLS & WORKFLOWS WORTH TRYING

Microsoft Scout (M365 AI Agent)

What it does: Scout is an always-on AI agent embedded across Microsoft 365 that proactively monitors Teams conversations, Outlook threads, and calendar – summarising decisions, flagging risks, and preparing briefings before you need to ask.

CEO use case: Before your Monday leadership meeting, Scout has already read every relevant email thread from the prior week, flagged two unresolved decisions from last Monday’s call, and drafted a 5-bullet briefing. You walk in prepared without spending Sunday evening catching up on Outlook. Start by enabling Scout for one executive’s account for 30 days and measure time saved before rolling out company-wide.

Source: Infotech – Big 5 AI Vendor Roundup June 15 2026

Zoom AI Productivity Suite

What it does: Zoom’s new suite adds Canvas, Slides, Sheets, and Paper – all powered by AI that has context of your meeting history. The defining feature: it generates draft outputs automatically from meeting content, not from a blank page.

CEO use case: Your sales director presents a competitive analysis in a Zoom call. By the time the call ends, Zoom has drafted a slide deck summarising the key points, a one-page brief for the board, and flagged three action items with owners. Pilot this with your weekly leadership sync for one month and measure how many post-meeting emails and re-explanation loops it eliminates.

Source: Zoom News – AI Productivity Suite


THIS WEEK’S TAKEAWAY

97% of executives say AI is delivering value – yet only 29% report significant ROI. Which category does your business sit in? And more importantly: do you actually know the answer – or are you assuming?

Post this to LinkedIn or open your next leadership meeting with it. The gap between adoption and value is the defining business challenge of 2026. The leaders who close it first will not be those who bought the most AI tools – they’ll be those who asked the hardest questions about their own operations.


EVENTS

SuperAI Singapore 202610-11 June 2026 (concluded). Asia’s largest AI event. Recordings and speaker sessions at superai.com.

Singapore AI Week8-14 June 2026 (concluded). 100+ satellite events. Follow-up whitepapers and event recaps being published through end of June.


Subscribe to the Weekly AI Digest

Each Monday morning, Peter Lam distils the week’s most actionable AI developments for SME and mid-cap CEOs – no hype, no filler, just what matters for your business.

Subscribe at peterlamcoach.com  |  Forward to a CEO who should be reading this.

Pelican Concepts  |  peter@peterlamcoach.com  |  peterlamcoach.com  |  Week of 23-29 June 2026

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9 Cashflow Strategies to Survive the Covid-19 Crisis

Cash flow Planning for Sailing Through Tough Times

At the end of the day, whatever Stimulus Package the government may provide, it’s all about financial management and in particular Cash Flow management during this tough period.

If your business can survive the next 6 months (since the beginning of the crisis) and potentially recover, then you must pay attention to the following.

Priority First Step – 13-weeks Rolling Cash Flow Forecast

In addition to scenario planning for the next 12-18 months, the most important first step is to draw up a 13-week Rolling Cashflow Forecast. Most accountants will do a month-by-month 12-month forecast. In times of crisis, this is not good enough. You need a 13-week, week-by-week rolling forecast. This simple tool is your most important dashboard during this crisis.

You start by knowing how much cash you have and how much cash you expect to flow into your business for the next 13 weeks. Deduct from this all your projected payments and expenses each week and you will see your cash position each week. Week by week.

The first time this is established is painful hard work. But you have no choice. This is a MUST DO, no compromise.

Once you do the first one, each week requires updating and adding another week forward to compensate for the week that just passed. This allows you to see your cash position 13 weeks forward. It helps avoid being caught with a cash flow crunch you missed picking up, allowing you to plan accordingly.  

[Please email success@peterlamcoach.com for a Free 13-week Rolling Cashflow Forecast template]

A. Strategies when Facing Cashflow Challenges

1. Aggressively collect debt and receivables. Be gentle in your approach, especially when calling your debtors. Be understanding but, you must also be firm in reaching some agreements on payment timings.

2. Start “cash on delivery” terms if this is not already a practice. Give one-off special discounts for cash purchases if necessary, to get customers started on this.

3. Give a better price for advance orders with payment made (eg. for orders from April to June).  At least secure a deposit or partial payment.

4. Clear all stocks. Convert your inventory into cash, even old/slow-moving items. Offer special deals to your best customers.

5. Request longer terms from suppliers. Negotiate and seek support and understanding. Talk to all your creditors if you have to delay payments but keep your commitments.

6. Sell possible non-critical assets to get cash (eg cars that are seldom used or equipment that is under-utilized)

7. Sell shares – get a potential new partner/investor with strong cash flow to pump money into your business.

8. Generate new income streams -look for platforms and networks to start online business and collaboration

9. Secure financing or refinancing from banks/financial institutions. Consider P2P financing or factoring.

To learn more about scenario planning and impact on cashflow, you can read my article on LinkedIn at <https://lnkd.in/fKsHAPN>

Source: Thundertix

B. Cost Cutting Strategies

1. Re-negotiate rental with your landlord

2. Review your budget. Stop all unnecessary expenses (newspaper subscriptions, etc). Close down unprofitable branches/outlets and unprofitable or irrelevant businesses. Focus on cash and profit generators.  

3. Progressively reduce staff allowance, then salaries

4. Rethink using optimum manpower for pivoting to a new business model

C. If Cashflow is Strong

1. consider JV or investing or buying other competitors or brands. Some players may need to be rescued because they are running out of cash.

2. Run aggressive Marketing online and offline to build/strengthen Branding. Not only will this help in the short term, but also in the long term. Your brand will be perceived s a strong, prominent market leader.  

At the end of the day, the moral of the story is – always build up cash reserves! How much is enough reserves? Well, in the past the advice was at least 6 months of operating expenses. But you can see in major crises like this, even that is barely enough. Perhaps that’s why solid companies like Warren Buffet’s Berkshire Hathaway have multi-billion-dollar cash hoards, not to mention other cash-rich behemoths like Alphabet and Facebook. Locally, just look at the cash reserves of YTL Corp and Genting.

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Top Business Coaching in Klang Valley

How Business Coaching Can Help Klang Valley Businesses Prosper

Tired of seeing your Sales yo-yo up and down? Or worse, seeing your sales nose-dive in these uncertain and challenging times?  Not making enough profit because of high costs and stiff price competition? Stressed up because your team is not functioning well? You’ve come to the right place! Here’s how Business Coaching Can Help Klang Valley Businesses Prosper…

At Pelican Concepts, we help you Double Your Sales and Profits. We’ve been doing this for a long time and we’ve coached over 100 different industries to go from so-so to HO-HO and from Good to Great.

The 5 Powerful Benefits Of Business Coaching For Klang Valley Companies

Business Coaching is a highly skilled professional business service that supports entrepreneurs and business owners in a highly personalized and systematic way to guide clients to higher levels of business success.

At Pelican Concepts, we provide you with:

  1. A Customized Business Success Strategy and Implementation Blueprint
  2. Personal guidance, education and mentoring
  3.  Accountability for Action and Implementation
  4. Right Focus – Funnel Focus
  5. Sounding Board and Resource

 

  1. Customized Business Success Strategy and Implementation Blueprint

One of the very first things you will get as a coaching client of Pelican Concepts is a comprehensive and in-depth diagnosis of the current state of your business. It’s kind of like a medical doctor checking your vital signs. We will study the industry, the business, the company, the leader, its people, its capabilities and opportunities, working step-by-step to achieve the desired goals.

From this in-depth review of your business, the coach will work with you to craft an initial action plan. Coaching begins therefrom focusing on implementation week by week.

Results are tracked along the way and reviewed with the client as necessary. At Pelican Concepts we do not believe in ‘one-off fixes’ but a marriage – a long-term commitment on both sides.  It’s a partnership founded on understanding and building a relationship, embracing common goals. The coaching relationship involves continuous involvement and understanding, and working together to achieve the desired business performance of our clients.

  1. Personal Guidance, education and mentoring

We do not just teach, we coach.  Coaching involves a transference of skills and knowledge. Remember teaching is passive and probably forgotten once you are out of the classroom.  Coaching is experiential and applies beyond the “coaching room”. As the client is guided on the implementation of various strategies into their business, he or she receives coaching and guidance on that particular topic or area. Tools and templates may also be provided as appropriate to facilitate implementation.

Each coaching session also helps the client overcome challenges and obstacles they may face in the course of business or in the implementation of agreed strategies.

  1. Accountability for implementation and Execution

Our clients often tell us we’re the “police for the police”! The Founder(s) usually do not have a Board of Directors to hold them accountable – to do what they said and keep to deadlines. One of the unwritten roles of the Business Coach is to hold clients accountable to commitments and taking action as agreed. This alone will get you to do more (of the right things) in three to six months than you normally would in one or even two years! Obviously, the results will show from there.

  1. Right Focus – Funnel Focus

Business is dynamic. As Business Owners, new situations, new suppliers, new products, and a whole host of other distractions confront us everyday. Our job as a Coach is to make sure you stay focused on your goals, the agreed strategy and action plan. I call it “Funnel Focus”.

Too often business owners get distracted or seduced by the latest “flavor of the month” and veer off-track, only to realize later that they’ve lost a few precious months!

  1. Sounding Board and Resource

Entrepreneurs and business people have a new idea everyday – some good, some great, but many so-so …

Having an experienced independent Business Coach to brainstorm with and bounce ideas can save you a lot of time, and more importantly save you from a lot of costly mistakes and setbacks. The coach is your trusted adviser, not a yes-man. He can be counted on to tell it as it is – protecting your best interest. You may not always like what you hear, but usually you’ll appreciate the insights and the “blind-spots” that are brought to your realization.

 

The Critical Components of Business Coaching……

Analyze & Audit + Strategize & Plan + Implement & Train + Personal Guidance + Results Tracking

 

Your next step….

If you feel Business Coaching is exactly what you’re looking for or that it could be right for you, then take the next step. Just click on the box and request a Free Consultation. Don’t wait another moment, Do it Now and make a real difference in your business! See you on the other side!

Peter Master No Comments

6 Skills the Most Effective Leaders Develop

( The 6 Skills Effective Leaders Continuously Practice)  

It’s been acknowledged that a company is only as good as it’s leadership. Put another way, we can liken the level of leadership to the ceiling for growth, achievement or success of any given organization.

It’s likely, therefore, your organization is no different. And, hence, it’s no surprise that business and corporate leaders and entrepreneurs continuously strive to hone their leadership skills. And, there is the good news. Yes, I often tell the clients that I coach, leadership is a learnable skill, and we continuously need to get better at it.

Here are six core skills to get good at in your quest to up your leadership ante.

  1. Be Authentic

Effective leaders are authentic. They don’t wear masks. They are not two-faced. Who they are to the Board, to their direct – reports, to the shop – floor staff, to their customers, suppliers or investors is the same person. Jack Welch, the iconic former Chairman and CEO of GE, called it being “comfortable in your own skin.” And when it came crunch time, that was the ultimate criteria he used to pick Jeff Immelt as his successor in what was a very close 3 – horse race.

There is a certain sense of integrity about someone who’s authentic and this leads to trust. And relationships get better with strong trust, things move along and get done faster too.

  1. Communicate and Connect with your Team.

Another skill effective leaders practice is purposeful communication with their team. They practice great listening skills, listening with both their head and their heart.   

And, they make time to communicate with people – not only in a Town Hall gathering or in an email announcement, but one-to-one, especially with the most valuable people in their team. They’re also comfortable mingling with other staff at the Company Cafeteria.

One of my favorite coaching questions is “How much time have you spent one-to-one with your direct reports this week?”

  1. Be the Example

Yes, walk the talk, lead by example. When you want to implement change, when you want to instill a high-performance culture, when you want to have more open communication, when you want better customer response and engagement, you have to lead the change.

Not just tell them the way, but actually show them the way.

  1. Delegate and Set Clear Direction

Effective leaders are always thinking ahead. They are visionary and able to “vision-cast” clearly and vividly communicate where they’re headed. This is not just about the company’s  long term vision. It includes providing direction on projects, tasks and assignments, even in spelling out clearly a set of KPI’s – Key Performance Indicators.

Effective leaders are good delegators too. They know how to delegate tasks and assignments effectively to achieve results, while developing their team’s skills.

  1. Empower and Give Space

Once you’ve briefed your team on the direction, the project or task, you need to empower them to get it done. Give them the necessary resources, guidelines and time-frames. Give them space and a free-hand to execute and implement. And monitor their progress. This allows them to dig into their own resources and capabilities to get things done.

Micro-management stifles creativity and initiative, probably the only time you should  micro-manage is when you have a rookie team member or a poor performer on their way out…

In essence, you’re grooming the next batch of leaders for your organization.

  1. Give Feedback

Too often leaders wait for year-end appraisal time to give feedback, if at all.  Many times I’ve spoken to my clients’ team and asked them how often they receive feedback on their performance. Unfortunately, the common response is “hardly” or “very seldom”.

Part of building capacity, helping people grow and developing future leaders is to provide timely feedback-the good as well as the opportunities to improve!

Develop the habit of practicing these six skills. Constantly improve on each one, monitor   how you’re doing in each skills. Get feedback on how you’re doing in each of these areas. As a leader you need feedback too, so you can keep getting better. As they say, “feedback is the breakfast of champions”.

Peter Master No Comments

The Biggest Leverage In Business – How To Build It, How To Keep It

‘If we are a good team and know what we want to do, one of us can defeat ten of them.’

-Jack Ma

Imagine if you had no staff and you had to do everything in your business. Build your marketing machine, get customers, prepare reports, check the inventory, plan the purchases, …

Imagine if you did have a team but they’re under – performing… customer complaints, less sales opportunities, error and defects, inter-departmental conflicts, low morale..

Now, imagine if you had a team that was firing on all cylinders!

Wouldn’t that be magic, pure joy? No doubt about it, whether you have an online or brick and mortar business, a great high-performing team gives you immense leverage.

In fact, a top performing team could even be your Blue Ocean strategy.

So how do you achieve that?  

Here are the 7 Keys To A High – Performance Team for maximum leverage.

1. Have an Inspiring Vision

And articulate it vividly and clearly. Steve Jobs’ vision was ‘helping to change the world’. Isn’t that a compelling vision? As an employee or team member, wouldn’t you be inspired to be a part of that?

Li Ka – Shing put it this way. “Vision is perhaps our greatest strength… it has kept us alive to the power and continuity of thought through the centuries, it lends shape to the unknown.

So, what’s your compelling and inspiring vision for your business?

2. Align your Team

Once you’ve got your inspiring vision down pat, you need to communicate it clearly, powerfully and consistently.

Your team needs to be aligned. This is where a strong Company Culture is vital.

A simple way to look at Company Culture is “this is the way we do things around here.”

Define and articulate what are the half dozen core values (practices) in your company. I call it the glue that keeps the company together.

3. Systems and Procedures

To have a well – oiled organization and a high – performing team, you also need to have proper systems and procedures in place. This could be an enterprise – wide IT – based solution or a set of Standard Operating Procedures (SOP’s) or both.

4. The Right People on the Bus

Making sure you have the right people is obviously key. Just like a chef must get the right ingredients to prepare his signature dish, you need to have the right people to build your high – performing team.

What recruitment system, process and procedures have you installed into your business to attract (and retain) the right people?

5. Keep your Top Performers

Do you provide the Rewards, the Recognition and the stimulating yet conducive Environment to retain your good people? In short is your company an uplifting, challenging yet supportive and fulfilling place to work in?

Keep learning, Keep growing your people

Do you provide training and development opportunities for your team? In this Digital Age, we have to keep getting better or lose out. Period.

Many local business people worry about sending their staff for training for fear they will leave or get “pinched” by their competitors after training. Sir Richard Branson has this to say – “Train people well enough so they can leave, treat them well enough so they don’t want to.”

Ask yourself, what’s the cost of not training your team? What’s the cost of average performance vs top performance?

6. Open and Clear Communication

Communication is the lubricant for high – performing teams. It’s absolutely critical to have open and clear communication so that you get timely feedback across the company. This allows you to respond efficiently and speedily before any crisis, as well as take advantage of opportunities.

Open communication is the fertilizer for team Synergy. Good communication also means the team is kept informed and up to date when decisions are made or new policies, procedure or programs are implemented.

A good team plays as one in unison.

7. Effective Management and Elegant Leadership

Finally, we still need to provide leadership, to drive the vision and culture home. And, to inspire and build more leaders. On a day-to-day basis, we also need to manage the projects, the initiatives, the policies and procedures. Management is needed to operate efficiently. Leadership ensures we’re focusing on the right things, ie. our effectiveness.

So those are the seven keys to building and keeping a high-performing team.

How do you score in each of these seven areas?

We hope this inspires you a bit to build a great (or even better) team.

To Your Success,

P/S : Give us a call or drop us a note if you need some help or more information.

Peter Master No Comments

Is your business paying you 6.4% dividend or more …?

Recently the EPF announced its dividend for 2015. Given that 2015 was a challenging year, a 6.4% dividend is not bad. At least it’s higher than bank deposit rates and official inflation numbers!

If you’re in business, your business should be generating good dividends too, shouldn’t it?

Here are 7 things you can do to build a strong business that pays you handsome dividends every year.

  1. Protect Your Margins

Always protect your gross margins. If your costs go up (packaging and raw materials, transport and delivery costs, exchange rate, etc), you need to find ways to either raise your prices or trim costs elsewhere.

A strong brand (think Milo or Nescafe) with clear and definite uniqueness will help you command your margin and also price.

  1. Business Growth

Your business has to keep growing. At least in tandem with population and economic growth. Unless you’re in a sunset industry (eg. camera film!), your business needs to grow from year to year. What new products or services are you adding or launching? How are you getting new clients and customers? What can you do to get customers to buy more from you?

 

  1. Differentiation or Uniqueness

If you’re Guinness Stout, there’s not much direct competition. However, we’re not always so fortunate to have little or no direct competition. What makes you unique or different from others in your industry? Is it a unique customer or user experience, is it your years of experience or specific expertise? Or is it your brand or product range? Perhaps it’s even the brand strength of your principal or your distribution network?

  1. Customer Service

Very often, people tell me they provide good service. Doesn’t everyone claim that? What’s unique or so great about your service? Is it an extended warranty at no extra cost? Or, perhaps, a goods returnable satisfaction policy within 7 days of purchase?

What does your business do or provide to ensure a customer service rating of 8 or 9 if not 10?

  1. Sound, Competitive Strategy

Very often businesses run short-term promotions to boost sales. Nothing wrong with running promotions from time to time. But these are short-term tactics. What happens to sales after the promotion… normally it nose-dives.

It pays to develop a sound business strategy.

Does your business have a strong, competitive strategy to stay ahead of the game?

  1. Consistent Marketing

Marketing is the engine of any business. Without good marketing, it’s unlikely your business can grow. All too often, however, business owners do not sustain their marketing efforts. They either give up too soon or lose focus. Sometimes, they succumb to “Trial and Error” marketing instead of “Test and Measure” marketing – and that’s such a great tragedy. In today’s fast-paced world, Marketing has to be more scientific.

  1. Leverage Your Team

First, you have to build your team. Once you done that, leverage your team. A strong team highly skilled, highly motivated and high performing, will run circles around your competition.

So, there you have it. Seven essential pillars to building a solid business that gives you rewarding returns. Every year. To learn more about how to build a strong, profitable business successfully, why not join us on 24th March 2016 at our Quarterly Business Kickstarter?

Take your business higher! Enrol for Business Kickstarter now! Bring your team! Share this with your friends, suppliers and customers. Click here for details.

 

To your success,
Coach Peter Lam
Business Growth Strategist and Team Alignment Coach

 

Peter Master No Comments

5 Fundamentals for Better Marketing Results

Many Business Owners select a Marketing tactic and jump straight into execution. Very often there’s no strategy behind the tactic. Then, it doesn’t work, results are poor and they dump it, blame the tactic (e.g. flyers, telemarketing, facebook ads, direct mail) and say it doesn’t work for them.

Sound familiar?

Here are 5 things you must do to get Better Marketing Results.

The 5 Marketing Fundamentals

1. Have a Marketing Budget

Marketing is an on-going process. Have a pre-set Marketing Budget, just like you budget for salary before hiring or budget for machinery and equipment before adding a production line.

Many people just do ad-hoc marketing and decide to spend maybe RM 5,000 on a flyer or Google ads. Marketing has to be consistent to be effective. So start by setting a budget and allocating how you will invest it.

2 Monitor and Control

One you’ve set your budget, you need to monitor the results and control your spending. What are you monitoring? Here are a few important ones :-

i) How many responses or enquiries did your marketing piece / activity generate?

ii) How many of these enquiries turned into actual sales?

iii) How much was the average invoice?

iv) Did the increase in sales more than cover the spending to generate the sales?

v) What did it cost per new customer?

vi) What did it cost per new enquiry?

vii) If the marketing piece was a promotion targeted at existing customers, did they
buy more?


Knowing these critical numbers will help you make better decisions for your next Marketing activity and help you fine tune your current one.

3. Test, Test, Test

It’s a shocking statistics, but 80% of Marketing doesn’t work. If all marketing worked, life would be easy, isn’t it?

So, it’s imperative that we test every bit of our Marketing. That’s what big successful companies like Coca-Cola, Apple and Nike do. For example, they test their headline, their offer, the colour used, the medium used even the day of week.

Testing helps refine and hone down what works best with our target market – which brings us to the next fundamental.

4. Understand Your Target

Take the time to really understand your target. Who’s your primary target?

Your target could be women, for example. But exactly what sort of women? Young, old? Are they career women or home-makers? Are they middle income or higher income? What sort of hand-bag do they carry? Where would they go shopping? How often? Do they cook or mainly eat out?

Starting to get the idea?

All these things have an impact on the Marketing that we develop and ultimately on the results of our Marketing efforts.

5. Set clear objectives for each campaign

When I was an Advertising man many years ago, I’d wonder why clients always want to achieve so many things with one campaign. Yet the most effective marketing is usually single-minded. We might have 5 objectives, but to get the best results, each Marketing activity should focus on one over-riding objective – e.g. to generate trial or to generate enquiries or to increase bulk purchase, etc.

So there you have it. Five fundamentals that will help you get better Marketing results.

Get started with one and move on to the next. Keep at it until it becomes systematic and automatic and see your results soar.

All the best.

Peter Master No Comments

4 Steps to Start 2016 STRONG – MOVE FAST – Finish STRONGER

Happy New Year!

Hope you had a terrific celebration.

Now it’s time to start work.

Over the years, we have found that starting the year right, starting the year STRONG, can make all the difference between a so-so year and a Great year.

Step 1 – Set Clear Goals

If you haven’t already a plan in place for 2016, it’s not too late to start. As you warm up into the new year (only 2 working days have passed), take some time to chart the course for your business in 2016.

Many of you would have made some New Year resolutions I’m sure. Be sure you’ve written them down. This is the first step to success. If you haven’t already, write down your Top 3 -5 goals. Make sure they are concrete, specific and measurable. Why? Because if you can’t measure your goals, you won’t be able to monitor progress and you might as well say goodbye to that “goal”.

And, be sure to have at least one of your goals a numeric goal. Yes, one of your goals has to be a numerical goal – e.g. increase sales by 20% or reduce Days Outstanding from 60 to 55 days, or increase gross margin by 2%.

Step 2 – Prepare a detailed Plan

Once you’ve got your top goals down pat, the next step is to prepare your Action Plan. What do you need to do to achieve those goals? What strategies will drive your business? When do those activities need to get started? What resources do you need? Who will help you with implementation? What other preparation do you need to achieve your goals?

Step 3 – Implementation

Once you’ve got your plan done, run it through with your team. Make sure everyone is clear on what needs to be done and who’s responsible for what.

Implementation is the key to success.

The plan is like a roadmap, but you still need to make the trip –  the actual journey. If you’re climbing Mount Kinabalu, you need to book the flights, arrange for a mountain guide, decide who’s bringing what and actually make the climb! The more you prepare for the climb, the smoother the climb will be.

Same with business. The better your plan, the smoother the implementation.

Step 4 – Progress Monitoring

As you go along, check your progress. Celebrate when you reach your milestones. Make course corrections when necessary.

So, there you go, Four simple steps to START STRONG – Move Fast – and Finish Stronger.

All the best for 2016!