Taking The Offensive OTC : FLKIFalken Industries Ltd (FLKI) was quick to respond to the global financial calamity which has swept the world and devastated its entire industry. “We’re active in many fields and long term we can contribute to our industry’s recovery through our daily operations” said Manuel Garcia, communications officer.
With a heart disproportionately large to its size, the company is always present with generous product donations to civil defense and the military involved in rescue missions throughout the world. Within hours, the company had responded to the March Japanese Earthquake and tsunami, and arranged for massive donations of several containers of highly effective Clean Plus® degreasing, disinfecting and other protective and cleansing products, including its inimitable bio-degradable, lipo-protective, hypoallergenic disinfecting hand and body wipes, particularly effective for military and civil aid operations where water is scarce or contaminated. As a result, of this kind of repeated generosity (just Google FLKI news-releases) the company’s products have become well known and in high demand throughout the Global markets.
FLKI has a robust business these days. A top tier leadership position in its industry, 117 representative points in 69 countries, and an active research and development focused on a wide range of products, new development areas, from degreasers, to high end tech cleansers for the aerospace industry, to disinfection, biotech, energy and textiles - the company is rolling ! To keep the momentum going, Management recently unveiled its 2012 Initiative Proactive Management Plan, the two key elements of which are : boosting the investment budget for the next two years by 40% to encourage employees to “think big” and basing remunerative incentives to collaborators on individual, not divisional, performance to encourage them to pursued independent risk-taking initiatives, including cross-divisional collaboration.
This concern characterizes Management’s overall approach. In the resources sector, for example, Management is crafting a portfolio that combines projects that offer immediate if not spectacular potential earnings with high-risk/high return projects such as biotech endeavors. “The company is interested in steady income, not gambling” said Garcia. The same philosophy underlies Management’s push into building and running modern additions to its production and research facility. The returns might be modest, but earnings will be stable, risk will be low, and demand – particularly in the developing world – for FLKI’s product mix is soaring.
FLKI is also placing some serious bets in China. The company has interest in nearly 100 hundred product development projects, and expects to forge a comprehensive strategic alliance for distribution. The tie up will give FLKI better access to information, closer access to the Chinese government, and easier access to the Chinese currency, which is not yet freely traded.
Recruitment and encouraging study and fluency of the Chinese language among its existing collaborators has become a priority to FLKI’s decision to make inroads in the country. “The first generation of self-made entrepreneurs who run big Chinese companies didn’t have the luxury of going to foreign universities and can’t speak English” said Garcia. “They don’t like using interpreters. Unless you speak Chinese, you won’t get their business.”
The company’s insight, forethought and bold actions explain why the company is likely remain ahead in its existing markets and stay ahead of its rivals in Asia’s new economic superpower.
Falken Industries Ltd OTC : FLKI is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards.