KL CHRONICLE: Mohd Emir Taking Felda Global Ventures (FGV) to Greater Heights

Tuesday, July 15, 2014

Mohd Emir Taking Felda Global Ventures (FGV) to Greater Heights

FGV operate globally in more than 10 countries across 4 continents 
Controversies aside, Mohd Emir Mavani Abdullah is a very busy man. The Group President and Chief Executive Office (CEO) of Felda Global Ventures Holdings Berhad (FGV) is aiming for FGV to become a top 10 agri-business company in only six (6) years time. To achieve this target, FGV would have to at least record a turnover of RM 100 billion in the next six (6) years. So how is Mohd Emir going to achieve this? 



Firstly, consolidating each business entities into clusters to streamline operations and roles & responsibility. In FGV, under Mohd Emir's leadership, the company has been segregated into seven (7) major clusters which are:

  1. Transport, Logistics, Marketing & Others (TLMO) Cluster
  2. Sugar Upstream Cluster
  3. Sugar Downstream Cluster
  4. Palm Upstream Cluster
  5. Palm Downstream Cluster
  6. R&D and Agri Services Cluster
  7. Rubber Cluster
Personally, i think this makes perfect sense and how FGV is set up now, it looks more like an oil & gas company rather than an agri-business company. The reason is simple. In any oil & gas organization, the divisions are divided into two (2) major divisions which are Upstream and Downstream. Upstream will involve Exploration & Production whereas Downstream usually involves transportation, sales, R & D etc. 

So, for FGV to be set up like an oil & gas company, it shows that Mohd Emir is very clear on the direction he wants to take FGV, and how to execute these targets. The seven clusters under FGV is headed by each respective Heads thus giving them more power and flexibility to manage their own cluster for the betterment of FGV. 

In addition, by having clusters with different Heads, Mohd Emir is able to maximise the performance of each cluster via Key Performance Indicators (KPI). Since there are only seven (7) clusters, each clusters would start to compete with each other to ensure that they bring in the most money, most efficient and have an excellent safety record. The high nature of competitiveness by each cluster will push FGV upwards thus increasing its profit.

Due to the above and with current market prices for sugar, rubber and palm oil stabilizing, FGV will be able to project their future growth and profits quite easily if there is not much changes to their Operating Expenditure (OPEX). Due to this, that's why i think Mohd Emir is confident that he can take FGV to be a top 10 agri-business player in the world in six (6) years time. I hope and pray that FGV achieve this success so that the FELDA settlers can further enjoy the fruit of their labour. 

1 comment:

ras abu said...

I am very confident with his capability to take up FGV to a highest point as a global player in 5 years.

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