Dear DFWers,
Another month behind us and we are in the 3rd month of the dynamic 2009. A year that is for sure full of challenges. So many companies and people are facing life-time difficulties. Where we’re standing? I will like to use this monthly email to update you our status. Also the Quarterly DFW TechNEWS will serve more information in details.
1. After DFW retreated from TI HDS program, we’ve adjusted our revenue baseline 20% lower for 2009 and our expense 10% less. Now with first two months performance, we’re standing at 20% higher in revenue than our initial projection. So we’re able to sustain the extra investment in personnel we made at the beginning of year. The extra personnel will enhance our new business development. Overall we are financially sound and developing new opportunities.
2. With two full-day 10-people Leadership workshops, we’ve concluded 8 strategic programs for DFW in 2009 and identified ownership for each program to proceed. We’ll conduct quarterly reviews to watch the progress closely ensuring our efforts and investments are all toward to our business objectives/goals, and to increase our business value.
3. For the existing businesses, basically each team is performing well. Our major service programs continue to excel and gaining recognitions from our customers. Eric Wang was promoted last month as Ops Manager to enhance our support to the on-site operations and allowing Shannon to have more time in business-level matters. Two more tech members are assigned to Vill, our new Service Manager, for the SAFE program development. A new HR system was purchased and under implementation to increase our competitiveness. New CRM software is under evaluation to assist us in business development. And five management members are under the intensive marketing and sales training since last year.
4. For the new business development; there are exciting potentials we’re working on. Beijing project is going well and to be expanded soon; PBL project is still on the table; Data Centre and its business is under planning; new SAFE accounts are added; more exciting we’re teaming with two new partners involved in long-term projects which could potentially put our business in record high. I have set certain 2009 business goals for our management team and it looks like we’re well on the way to achieve them. We’ll see how high we can jump!
As you can see, while others are struggling, we’re excelling. More significantly is that we’ve overcome the setback of TI situation and continue to shine! What it takes mainly is our collaborated efforts in ops, management, and business levels all together. For that I appreciate your dedication in your jobs. Let’s become a shooting star company that shines even brighter in the dark sky!
Please communicate with your direct reports if you like to learn more about DFW status.
Charlie W. Chen
President/CEO
