Post on 04-Aug-2015
A New D.A.W.N. For PanaceaHo Kun Lin Ho Jia Qing Gilbert Neo Yong En
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
KEY ISSUES DARK
Delay Anti-local Risk-taking Knowledge
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
KEY ISSUES Delay Anti-local Risk-taking Knowledge
• A business has to approach various agencies for permits. This delays the pace of development, and acts as an inhibitor to new business development.
Ministry of Health
Occupation Hazard
Progress bar
2 months
Progress bar
1-3 days
Source: Worldbank
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Problem
China India Russia Singapore Hong Kong Panacea0
5
10
15
20
25
30
35
Number of days to set up a business
• The emerging countries require a substantial number of days to set up a business
• However, looking at developed countries like Singapore, Australia, and Hong Kong SAR, the time needed ranges from 1 day to 3 days.
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
KEY ISSUES Delay Anti-local Risk-taking Knowledge
• A business has to approach various agencies for permits. This delays the pace of development, and can also act as an inhibitor to new business development.
Ministry of Health
Occupation Hazard
Progress bar
2 months
Progress bar
1-3 days
Source: Worldbank
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Problem
China India Russia Singapore Hong Kong Panacea0
5
10
15
20
25
30
35
Number of days to set up a business
• The emerging countries’ require a substantial number of days to set up a business
• However, looking at developed countries like Singapore, Austrialia, and Hong Kong SAR, the time needed range from 1 days to 3 days
Delay
Significant delay to the whole permit issuance process
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
KEY ISSUES Delay Anti-local Risk-taking Knowledge
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Current Policies
Brazil China Russia India Panacea0
20
40
60
80
100
120
140
FDI Investment (USD Billions)
• Comparing the different countries’ FDI intake, we are still not competitive enough.
• Given that our main goal is to attract more foreign investment, this problem will be exacerbated in the coming years.
• There is a need to balance the FDI inflow and also to ensure that the local populace gets employment
Re-skilling training to be provided at discounted rates to the unemployed and underemployed through the Re-EmploymentTraining (RET) Initiative
Labor and Women Welfare Ministry
Foreign investors are shunning away from our local labor force.
Problem
Source: Various Sources
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
KEY ISSUES Delay Anti-local Risk-taking Knowledge
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Current Policies
Brazil China Russia India Panacea0
20
40
60
80
100
120
140
FDI Investment (USD Billions)
• Comparing the different countries’ FDI intake, we are still not competitive enough.
• Given that our main goal is to attract more foreign investment, this problem will be exacerbated in the coming years.
• There is a need to balance the FDI inflow and also to ensure that the local populace gets employment
Re-skilling training to be provided at a discounted rates to the unemployed and underemployed through the Re-EmploymentTraining (RET) Initiative
Labor and Women Welfare Ministry
Foreign investors are shunning away from our local labor force.
Problem
Source: Various Sources
Anti-local
Foreign investors are shunning away from our unskilled workforce
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
KEY ISSUES Delay Anti-local Risk-taking Knowledge
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Current Policies
Low risk-taking behavior and entrepreneurship in Panacea
Problem
• The country has low rate of local business formation, or that these firms, once formed, are unable to scale up their operations.
• This could be due to the inculcated risk-taking behavior in the country and this results in a lack of entrepreneurs
• Lack of favorable business environment to encourage exploration of opportunities.
Various monetary grants
Malaysia Singapore China US Panacea0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
SMEs' contribution to economy (% of GDP)
Source: Various Sources
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
KEY ISSUES Delay Anti-local Risk-taking Knowledge
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Current Policies
Low risk-taking behaviour and entrepreneurship in Panacea
Problem
• The country has low rate of local business formation, or that these firms, once formed, are unable to scale up their operations.
• This could be due to the inculcated risk-taking behavior in the country and this results in a lack of entrepreneurs
• Lack of favourable buiness environment to encourage exploration of opportunities.
Various monetary grants
Malaysia Singapore China US Panacea0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
SMEs' contribution to economy (% of GDP)
Source: Various Sources
Risk-taking
Lack of risk-taking behavior which puts a cap on entrepreneurial initiatives
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
KEY ISSUES Delay Anti-local Risk-taking Knowledge
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Current Policies
Lack of innovation and knowledge workers in the economy.
Problem
• Success rate of such several initiatives has been very low.
• Any plans to structure such innovation, or mass commercialization of these innovations have not been successful.
Grants for R&D to be provided up to US$ 1 million Commercialization support for products in the final stage of development
Brazil China India USA Singapore Russia Panacea0
0.5
1
1.5
2
2.5
3
Gross Expenditure on R&D (% of GDP)
Source: 2012 Global R&D Funding Forecast, Battelle
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
KEY ISSUES Delay Anti-local Risk-taking Knowledge
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Current Policies
Lack of innovation and knowledge workers in the economy.
Problem
• Success rate of such several initiatives has been very low.
• Any plans to structure such innovation, or mass commercialization of these innovation has not been successful so far.
Grants for R&D to be provided up to US$ 1 million Commercialization support for products in the final stage of development
Brazil China India USA Singapore Russia Panacea0
0.5
1
1.5
2
2.5
3
Gross Expenditure on R&D (% of GDP)
Source: 2012 Global R&D Funding Forecast, Battelle
Knowledge
Lack of knowledge worker and innovation in the economy
OBJECTIVE TO TRANSFORM PANACEA INTO A HIGH-INCOME, INNOVATION DRIVEN ECONOMY
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
KEY ISSUES Delay Anti-local Risk-taking Knowledge
DIRECT & DEVELOP
WHERE WE ARE RIGHT NOW IN 2012
WHERE WE WANT TO BE IN 2030
Project D.A.W.NRECOMMENDATION
• Chronic problems in the NPF’s initiatives
• Sluggish inter-workings of various Ministries & Agencies pertaining to business development and set-up
• Panacea is stuck in the middle income group
• Lack of skilled labor and biasedness of foreign employers towards foreign employees
• Lack of entrepreneurship and innovation in the country
• A world-class hub of innovation, entrepreneurship and creative knowledge based on advanced technological processes
• A stable and sustainable economy that has one of the highest GDP per capita in the world
• The fulfillment of the Neo-Panacea Framework through the D.A.W.N Project
• An inclusive society of empowered individuals
NEOPOLISA world-class innovation hub
designed to congregate and bring people of different diversity and
skill-sets together
Directing the growth of seed companies and developing them
until they bear fruits
AGENCY & AUDITSetting up of a centralized agency to approve business permits while
auditing them periodically
WHEEL OF SKILLSA cradle-to-grave skill-set
empowering of individuals to increase their value-add
Bringing a new beginning to Panacea
D.A.W.N
To encourage growth of a tree from a little seed
Direct & Develop
Lack of entrepreneurship
PROBLEMCURRENT POLICIES
University and industry tie-ups for the innovators through the 1-Innovation Plan
EFFECTIVEWHY IS IT NOT
WORKING?Ineffective
Public-Private Partnership
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Direct & DevelopDirecting the planting of seed companies and developing their growth to create a forest of global MNCs
Lack of entrepreneurship
PROBLEMCURRENT POLICIES
University and industry tie-ups for the innovators through the 1-Innovation Plan
EFFECTIVEWHY IS IT NOT
WORKING?Ineffective
Public-Private Partnership
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Direct & DevelopDirecting the planting of seed companies and developing their growth to create a forest of global MNCs
Solution: Strengthen the PPP by encouraging the venture capitalist and private equity firms to flourish as seen by this seed model in 3 stages
Create a community of support for SMEs
Utilize their positive externalities - Create a culture of creative thinking and risk-taking
Provide mentorship and indirect assistance
Provide general fiscal benefits for businesses
Put in place a framework that cultivate general business growth
Provide capital funds for nascent firms
High involvment in business development
Encourage growth of private equity sector
PanaceAlumni – Build up alumni relationship with successful businesses
Encourage R&D through these companies
Global MNCs
Lack of entrepreneurship
PROBLEMCURRENT POLICIES
Seed Stage
Seedling Stage
Young Plant
Stage
University and industry tie-ups for the innovators through the 1-Innovation Plan
EFFECTIVEWHY IS IT NOT
WORKING?Ineffective
Public-Private Partnership
Solution: Strengthen the PPP by encouraging the venture capitalist and private equity firms to flourish as seen by this seed model in 3 stages
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Direct & DevelopDirecting the planting of seed companies and developing their growth to create a forest of global MNCs
A centralized agency powered by futuristic technology
Agency & Audit
Current
Ministry of Trade
Ministry of Labor
Ministry of Health
INDUSTRY
DRAWBACKS
1.Lack of Centralization 2. Interdependence of Approval i.e Ministry of Health may require approval of Ministry of Labor before consideration
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Agency & AuditCreation of a centralised unit to hasten business development while ensuring reliability with effective audit
Current
Ministry of Trade
Ministry of Labor
Ministry of Health
INDUSTRY
DRAWBACKS
1.Lack of Centralization 2. Interdependence of Approval i.e Ministry of Health may require approval of Ministry of Labor before consideration
Agency of Permits & Audit
INDUSTRY
Proposed
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Agency & AuditCreation of a centralised unit to hasten business development while ensuring reliability with effective audit
Ministry of Trade
Ministry of Labor
Ministry of Health
Current
Ministry of Trade
Ministry of Labor
Ministry of Health
INDUSTRY
DRAWBACKS
1.Lack of Centralization 2. Interdependence of Approval i.e Ministry of Health may require approval of Ministry of Labor before consideration
Agency of Permits & Audit
Description
• One private-public agency that specializes in evaluating the industries• Ministries will give pre-permit approval to companies first• Based on criteria input from ministries, agency will make recommendations to ministries who will give a final approval after thorough audit of companies
Justifications/Benefits
• Bottleneck of approval process at ministries will be eliminated• Auditing will enhance transparency and reduce risk of failure• Evaluation time will be minimal due to specialization and expertise of agency
INDUSTRY
Proposed
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Agency & AuditCreation of a centralised unit to hasten business development while ensuring reliability with effective audit
Ministry of Trade
Ministry of Labor
Ministry of Health
Agency of Permits & Audit
A cradle-to-grave wheel of skill-set empowering individuals to increase their value add.
Wheel of Skills
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Wheel of SkillsA cradle-to-grave wheel of skill-set empowering in individuals to increase their value-add
To create a world class laborforce and improve skillsets of current workersObjective:
Emphasis on Education
System
Align with goal to develop key economic sectors
Knowledge Empowerment at all stages
Safety net for unskilled/unemployed workers
•Revamp education program
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Wheel of SkillsA cradle-to-grave wheel of skill-set empowering in individuals to increase their value-add
To create a world class laborforce and improve skillsets of current workersObjective:
Emphasis on Education
System
Align with goal to develop key economic sectors
Knowledge Empowerment at all stages
Safety net for unskilled/unemployed workers
•Revamp education program
Wheel of Skills Program: A Cradle to Grave Education System
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Wheel of SkillsA cradle-to-grave wheel of skill-set empowering in individuals to increase their value-add
Compulsory Education <14
Acquiring reading and writing skills
Providing a solid foundation
Goal: To increase the literacy rate in Panacea
Investment in primary schools
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Wheel of SkillsA cradle-to-grave wheel of skill-set empowering in individuals to increase their value-add
Vocational Education
Acquire practical skill sets
Globalization has shifted focus towards a labor force with high skill-sets
Build up foundation needed in High-End Manufacturing
Provision of vocational program under existing secondary institutions
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Wheel of SkillsA cradle-to-grave wheel of skill-set empowering in individuals to increase their value-add
Rainbow Project
Assessment of aptitude
Providing suitable training
Providing job fit for unemployed
Increase productivity and employment
A world-class innovation hub that is built on the past, empower on the present, for the future
Neopolis
Problem: Lack of innovation Reason: Paucity of an environment that is suitable for innovation
Solution: To build an innovation hub that increases the fluency of idea exchange and the accumulation of knowledge
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: NeopolisA world-class innovation hub that is built on the past, empower on the present for the future
Key Growth AreasResidential Pods- Able to house up to
10,000 people when fully constructed
Creativity Pods- A facility that
encourages idea generation and nurtures
viable concepts
Skills Pods- A specialized facility that improve the skill-set of its
members. Consists of different facility in many
different areas of expertise, i.e, high-tech manufacturing, tourism.
Circle of Innovation- A competition arena
that challenges teams to utilize innovation to solve
hypothetical problems
Problem: Lack of innovation Reason: Paucity of an environment that is suitable for innovation
Solution: To build an innovation hub that increases the fluency of idea exchange and the accumulation of knowledge
The innovation hub will enable the cross-learning and sharing of ideas and concepts to increase innovation The hub will also store information so that past failures or success can be easily retrieved for learning purposesSpecialized institutes will be set up to impart knowledge and teach technical skill-sets of high value add industries, i.e, tourism, high-end manufacturing, maritime capabilities
Justification/Benefits
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: NeopolisA world-class innovation hub that is built on the past, empower on the present for the future
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Wheel of SkillsA cradle-to-grave wheel of skill-set empowering in individuals to increase their value-add
Training for managers and employees
Automatic 1-month enrolment
Encourage generation and pooling of ideas
Neopolis Innovation Program
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: A NEW DAWN FOR PANACEA
Direct and Develop
NeopolisWheel of Skills
Agency and Audit
A framework that brings together perspectives, stakeholders, risks, roles and responsibilities
Institutional Framework
Social Instability of initiatives
Want social equality
Will be tasked with supervision of the projects
Stakeholders AnalysisA framework that brings together stakeholders’ perspectives, roles and responsibilities
Members of Public Ministries
Agencies Private Companies
Want attractive investment opportunities
Will be allocated with the execution of the initiatives
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Social Instability of initiatives
Want social equality
Will be tasked with supervision of the projects
Stakeholders AnalysisA framework that brings together stakeholders’ perspectives, roles and responsibilities
Members of Public Ministries
Agencies Private Companies
Want attractive investment opportunities
Will be allocated with the execution of the initiatives
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Key Risk IndicatorsA framework that present the various risks of the initiatives
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Social Risk Financing Risk Low take-up Risk
Direct & Develop
Agency & Audit
Wheel of Skills
Neopolis
No Risk Risky
Key Risk IndicatorsA framework that present the various risks of the initiatives
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Social Risk Financing Risk Low take-up Risk
Direct & Develop
Agency & Audit
Wheel of Skills
Neopolis
No Risk Risky
Risk Mitigation Strategy – Communication StrategyA strategy that mitigates risks
Ministries
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Risk Mitigation Contingency
• Low take-up rate because
the people might object to such enforced career path by
the government
• May also create social
upheaval
Put in place an effective
communication system to address
issues and needs of stakeholders
Offer alternative paths such as
private specialized institutions for more tailored programs
Generating financial returns and delivering impact
Finances and Figures
40Martin Reeves │
Panacea
• Fiscal prudence
• Financial framework to access the initiatives
• Forecasting economic data given the initiatives
We recognize that growth must be through Fiscal Prudent Measures
1
2
3
Finances & FiguresTowards a sustainable Panacea
Agency and AuditDirect and DevelopWheel of SkillsNeopolis
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresFeasibility of initiatives from an NPV perspective
Expenditure
We allocate our budget so as to obtain a GDP Surplus of 4% every year starting from 2012
US$0.94bn US$1.0bn
US$2.7bnUS$8.9bn
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresFeasibility of initiatives from an NPV perspective
NPV Sensitivity Analysis
Best Case Base Case Neutral Case0.0
5,000,000,000,000.0
10,000,000,000,000.0
15,000,000,000,000.0
20,000,000,000,000.0
25,000,000,000,000.0
30,000,000,000,000.0
35,000,000,000,000.0
40,000,000,000,000.0
45,000,000,000,000.0
50,000,000,000,000.0NPV Range:
US$47.6 trillion – US$6.3 trillion
Base Case NPV: US$18.0 trillion
Social Discount Rate: 3.0%
Terminal Growth Rate: 2.0%
Social Discount Rate: 5.0%
Terminal Growth Rate: 3.0%
Social Discount Rate: 8.0%
Terminal Growth Rate: 4.0%
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresForecasting Economic Data
Forecasted GDP Growth Rates
Neutral Case: 18 Year CAGR of 6.7%
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20300%
2%
4%
6%
8%
10%
12%
Best CaseNeutral CaseWorst Case
44Martin Reeves │
In 2030, we witness …
GDP of 2.4 trillion
Budget Surplus of 4%
Unemployment rate of 3%
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresKey Figures for Project D.A.W.N
A clear and effective plan to achieve our objectives
Action Plan
D&D
2012
Setting up a seed fund of $1 billion
Develop expertise of auditing new sectors to keep up with the dynamic business environment
Setting up of a centralised agency
Setting up of a agency to be in charge of this Transit into a higher level wheel of innovation
Encourage influx of highly-skilled professionals to be mentors
4% 6% 6.5%
2015 2020 2025 2030
Setting up of inter-ministries and
agencies one-stop portal online
AGENCY &AUDIT
WHEEL OF SKILLS
NEOPOLIS
Construction of the neopolis
Screening of talents to be placed in pods
Giving grants to viable businesses
Multiple creation of more seed funds
GDP Growth
Build up tie-ups with overseas innovation
hubs ,i.e., Silicon Valley
Expand innovation hub concept to hinterlands
Have a consulting agency to teach innovation hub know-knows to other countries
Encourage cross-ministries program
and overseas missions
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Action Plan and KPIsA clear and effective action plan to achieve our objective and KPIs
Budget Surplus 4%
Productivity 1.5% 5% 10%1%
7%
A new beginning, a new day, a new dawn
Appendix
Current State Analysis 2 Why vocational training and career education? 50
Drag 4 Cost Benefit Analysis
Anti-Local 6 D&D51
Risk 8 Agency & Audit 52
Knowledge 10 Wheel of skills53
Where we are 12 Neopolis54
D.A.W.N Risk Mitigation Plan55
Direct & Develop 14 3’C’ Communication Plan56
Agency & Audit 19 Communication plan for Neopolis60
Wheel of Skills 22 Living Space for Neopolis61
Neopolis 28 People we want to seek for Neopolis 62Institutional Framework What you will get in Neopolis
63Stakeholder Analysis 34Risk Analysis 36 Cost breakdown of
initiatives 64Finances & Figures NPV Sensitivity Analysis
65Expenditure 41 Finances and Figures – Best
Case 67NPV Senstitivity Analysis 42 Finances and Figures – Neutral Case
69GDP Growth 43 Finances and Figures –
Worst Case 71Implementation and Action Plan 46 Finances and Figures – Spending
73
Appendix
Budget 74Demographics – Neutral 76
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Project D.A.W.N: Wheel of SkillsA cradle-to-grave wheel of skill-set empowering in individuals to increase their value-add
Why Vocational and Career Education are important?
Vocational competence is critical to the economic health of nations
A significant number of students are experiential learners who will learn academic skills best from developing them in application context
Delaying the career or application context lowers motivation and learning achievement for many experiential learners
Strong secondary school vocational programs provide workplace skills to some students who do not plan to attend college immediately after graduation from high school
Cost-Benefit Analysis – D&D
Cost Benefit
Increase number of startups and SME
Increase GDP of the country
Can increase the entrepreneurship base
Reduce Government involvement in later years
Opportunity cost of funds
“Lemons’ companies
Cost-Benefit Analysis – Agency & Audit
Cost Benefit
Can reduce time of the permit process
Can streamline process and reduce wastage of public funds
Reduce asymmetric problem and Moral Hazard
May require technical knowledge from several sectors
Cost of monitoring
Cost-Benefit Analysis – Wheel of Skills
Cost Benefit
Synergize with Neopolis innovation program
Decrease unemployment rate
Increase literacy rate from compulsory education
May cause social fragmentation
May see high-drop out rate in the middle
Cost-Benefit Analysis – Neopolis
Cost Benefit
Increase the prestige of the
country
Encourage postive externalities and competitive spirits
Infuse innovation culture in the
society
May cause social fragmentation
High infrastructure cost and lengthy time to build
Risk Analysis and Mitigation
People might object to such enforced initiatives by the
government
RISK
Communication StrategyAddressing concerns quickly
More paths for tailored education
Lack of take-up rate as this are new initiatives
Pilot Test Will Be A Means Testing For Demand
Feedback and ImprovementMore Targeted approach
People may not want to uplift their homes to move
into Neopolis
Free Trial Period for One Month
Plan for other uses for the infrastructure, i.e., transform it
into a business region
1
2
3
MITIGATION CONTINGENCY
Stakeholders Specific interestsMembers of public AccountabilityPrivate companies ProfitabilityMinistries Absolution of blame
Agencies Profitability Foreign investors Investment
opportunities
Identify stakeholders and their interests
Identify the channels
Key issue: How to address each stakeholders’ interest with the right communication and channel
Printed Letter
Broadcasting
Electronic mail (E-mail)
Newspaper, Print media
Electronic media – website and social media
CommitmentContentCoverage
Variables to consider:
3C Framework56
Communication Strategy
Content
Coverage
1
2 3
4
5
6 7
8
Commitment3C Framework
• The amount of time and effort needed
• The size of intended audience
• The emphasis on inter-temporal issues
Commitment Coverage Content
Evaluate the stakeholders’ interests
Evaluation
Determine the communication cube it belongs to.
Determination Tailoring
Tailor the course of actionaccordingly
Phase 1: Planning
1 2 3 4 5 6 7 8
These communication cubes will determine the primary course of action to the various stakeholders.
3 “C” Communication Cube
Communication Strategy
Specific Interest Commitment Coverage Content CubeMembers of publicPrivate companies
MinistriesAgencies
Foreign investors
Legend:
Stakeholders
Commitment Low High
Coverage Low High
Content Stability focused (Past) Growth and profitability focused (Future)
Determine the communication cube it belongs to.
Evaluate the stakeholders’ interests. Tailoring
Tailor the course of actionaccordingly
Person delivering the message
Format/Tone of message
Focus/Theme of message
Customized set of communications58Content
Coverage
Commitment
2
4
5
5
4
Communication Strategy
Members of the publicCabinet Secretary
By who?Format of message
Clear, accurate and transparent
Focus of message
How it will benefit the country in the future years
Ministries
5
Objective and visionary
A representative of the Prime Minister Office
Newspaper
Meeting
Focus on the roles and responsibilities of the various ministries and agencies
Private companies
4
Print Letters
Formal, objective, tactful
Communication secretary of the ministries
Address any pertinent issues and highlight key opportunities and areas of investment.
Foreign investors
Agencies
Stakeholders
2
Communication Strategy
Communication Strategy of Neopolis
Marketing and advertising to raise awareness on the benefits
Strategic Positioning
Lifestyle
Internal (Ministries and Agencies)
External (Public)
Research Opportunities
Space Allocation of Neopolis
• Space Optimization• 8 people per apartment• Common Space whereby
people can mingle and also this maximizes space per square foot
Creative mix of Neopolisian
Meaningful engagement and interaction between various groups with different ethnicity, nationality, personalities and alternative lifestyles
Neopolis
Kitchen
Bathroom Living Room
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresAdhering to our constraints
Cost Breakdown of Initiatives
Capital Expenditure Description of Capital Expenditure Funding
Neopolis US2.3bn per Neopolis
4 Neopolis’ to be build between year 2012 to 2030. Infrastructure includes
Creative Pods, Residential Pods, Circle of Innovation, and Skills Pods.
Panacea government to fund all infrastructure from tax revenue
Wheel of
Skills
US150mn per year on Compulsory EducationUS10mn per year on Vocational Programs20 Assessment Centers at US10mn per center
Education needs to create a knowledge economy and assessment
center to assess skills
Panacea government to fund all infrastructure from tax revenue
Direct & Develop US$1bn start-up fund Fund for R&D and innovative ideas
One time funding from the Panacea government via tax
revenue. The fund will be managed by the Panacea Investment
Corporation (PIC).
Agency of AuditUS$300mn for infrastructure
US$100mn for Audit Platforms every four years
A centralised audit agencyPanacea government to fund all infrastructure from tax revenue
We allocate our budget so as to obtain a GDP Surplus of 4% every year starting from 2012
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresFeasibility of initiatives from an NPV perspective
NPV Sensitivity Analysis at a discount rate of 5%
At a social discount rate of 5% and a terminal growth rate of 3%: NPV is c.18 trillion.
NPV Sensitivity Analysis
Terminal Growth Rate / Discount Rate 3.0% 4.0% 5.0% 6.0% 7.0% 8.0%
2.0% 47561.4 21249.86 12698.53 8563.39 6178.64 4657.76
2.5% 92356.1 27523.87 14811.04 9517.58 6680.03 4946.91
3.0% - 40071.89 17979.80 10789.83 7306.77 5293.90
3.5% - 77715.96 23261.06 12570.97 8112.58 5717.98
4.0% - - 33823.60 15242.69 9186.98 6248.09
66Martin Reeves │
In 2030, we witness …
GDP of 2.4 trillion
Budget Surplus of 4%
Unemployment rate of 3%
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresKey Figures for Project D.A.W.N
67Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresAssumptions – Best Case 1/2
68Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresAssumptions – Best Case 2/2
69Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresAssumptions – Neutral Case 1/2
70Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresAssumptions – Neutral Case 2/2
71Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresAssumptions – Worst Case 1/2
72Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresAssumptions – Worst Case 2/2
73Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresSpending
74Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresSpending – Budget 1/2
75Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresSpending – Budget 2/2
76Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresDemographics – Neutral 1/2
77Martin Reeves │
D.A.W.N transforms Panacea into a high-technology economy
Current State Project D.A.W.N Stakeholders & Risks Finances Action Plan
Finances & FiguresDemographics – Neutral 2/2