New Year, Renewed Excitements

(Note: This is my keynote speech for the Company’s Annual Dinner on 2^nd January, 2010)

2009 is a bittersweet year for many. Just as the outbreak of H1N1 sent shocks to the human race all over the world, the economics turmoil hit, wounding many nations and businesses.

Even though we feel the effects of the merciless disasters, FingerTec had no time to grieve; we continue marching according to the planned activities. New products, R2i, i-Kadex, DigiPay, TA100T are launched this year, and Smart Keylock 8800, FaceID and TCMS Web Version are due to be released just around the corner.

On top of that we have some new products in our pipeline for 2010 too. But all in all, with the growing maturity of all the technologies from the hardware to the software, it sparks a new direction, a new diversification to our present business model.

It is a new business model based on Cloud Computing Technology, along with the debut of TCMS V2 Web version in 2010, and the built-in Web Server technology in our terminals.

I agree that there is no guarantee for success in any new business venture, but the mere idea of it has renewed my excitement. It is worth a try, a very serious try.

Our sales team should renew their excitements too this year with a new mission burdened on their shoulders. The mission is to guide the distributors through and through by using the new FingerTec Distributor Business Guidebook as the “Going In” strategy, besides the much-awaited new products led by face recognition technology and Cloud Computing Technology.

And in 2010, in conjunction with the 10^th Anniversary celebration of FingerTec, I proudly present to you the 10^th Anniversary Celebration logo, which bores a spirited tagline: A Milestone For The Next Leap. It marks our passed glories as a profound milestone, reminding us to be prepared for greater challenges in the next leap. Things without challenge lack excitements, don’t you agree?

In this New Year, with the renewal of our excitements, I also urge you to revisit our company’s motto, Think and Reinventing. Indeed, that’s the very fundamental principle that I want to stay permanent with us without a slightest change. On the contrary, it could be further enhanced.

I quote a few paragraphs from my previous comprehension article for this motto I wrote a few years back as a punch line to refresh your mind.

Think & Reinventing

The more you can think, the more valuable you are. Especially when we are now living in the Information Age. Information Age generates myriad of data everyday, data would turn into garbage if we skip the thinking process. Knowledge would be derived from data if we add thinking substance into it; and wisdom could further be derived from knowledge if more thinking process and analysis are involved.

I like this proverb that goes "Nothing can't be achieved, only when it's beyond your imagination." In fact, any good execution should be the result of good thinking and comprehension.

Thinking will lead to improvement in your daily work; improvement will lead to reinvention of jobs, of products, of services, of administration, of marketing and of everything.

Reinvention spirit should stay in our blood to give us more boosts and push everyday, to continually find out what can be done to improve our life, our work and our environment. Once identified, find a way, make a change, see the result, review the performance, and repeat the process all over again. I value creativity, but I value reinvention more.

Many Small Steps; eventually would lead us to a Big Leap.

I wish you all the best in the coming new year.

by Teh Hon Seng, CEO, FingerTec HQ