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2018 | OriginalPaper | Chapter

4. Wira Homeland Sdn Bhd

Authors : Mastura Jaafar, Azlan Raofuddin Nuruddin, Syed Putra Syed Abu Bakar

Published in: Business Sustainability Model for Malaysian Housing Developers

Publisher: Springer Singapore

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Abstract

Founded in April 1993 by Datuk Hanafi Bin Mamat, Wira Homeland Sdn Bhd was previously known as FNM Jaya Sdn Bhd during its inception. The founder saw the potential to develop Wira Homeland Sdn Bhd as a housing developer, corresponding to his expertise in dealing with land matters. Ironically, he emphasises on doing business with a lofty aim of giving back to the society. It is a great way to build pride for organisation, and one of the various channels is through corporate social responsibility (CSR) activities. He also highlights the importance of staff motivation and appreciation. A well-motivated workforce will exhibit greater employee engagement, enhance teamwork and collaboration as well as productivity gains and reduce absenteeism and ultimately produce more profitability. Apart from that, he reminds fellow developers to be sensitive towards environmental shocks as demand and supply of houses are relatively proportional to exogenous forces. Therefore, housing developers are encouraged to set a particular target and be responsive towards any changes made by the policymakers in order to sustain their business.

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Footnotes
1
PAS stands for ‘Parti Islam Se-Malaysia’ (Pan-Malaysian Islamic Party). As one of the most influential movements in Malaysia, this party often attempts to place Islam more consciously at the forefront of its campaign policy. PAS is part of the opposition alliance known as ‘Pakatan Rakyat’ (People’s Pact).
 
Metadata
Title
Wira Homeland Sdn Bhd
Authors
Mastura Jaafar
Azlan Raofuddin Nuruddin
Syed Putra Syed Abu Bakar
Copyright Year
2018
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-10-5266-8_4