Ateneo Professor on Entrepreneurship
From fox news video
We expect more spikes in prices of oil products in coming days because of concern on security issues in the Middle east, namely: Egypt and Syria. The planned air strikes vs Syria because of the use of chemical weapons and the military action vs protesters in Egypt have caused peace and order concern.
Let us remind our motorists and driver that it is not the government and oil companies that cause oil price hike; it is the uncertain supply but the local government is unable to control nor regulate the crude oil price in the world market. Perhaps, our kababayan would be smart to believe that and not be misled by the propagandists who say otherwise and continue to cause local troubles. <as strikes, transport stoppages> that does nothing at all
Could there be civil war in Syria?
Could the air strike lead into a world war? Why did UK back out in supporting US in air strike? Why is Russia (Syria's ally) against punitive action vs Syria
Could the trouble in Egypt escalate into a bigger problem?
What is the effect of these troubles to the world economy?
Saturday, August 31, 2013
7.8% GDP growth for the PHL in QI
Ateneo Professor on Entrepreneurship
From GMA network
Banks and other rating agencies have upped forecasts for the PHL. It is going to be the darling of ASEAN in terms of growth. Thailand and Indonesia will not fare so well for 2013. PHL is likely to achieve 7.8% even beating China 7.5% growth for first quarter 2013, according to Business Mirror
What do you think of this news/
What caused this new high in PHL economic performance?
Is this a luck?
Did we work hard for this? Has PHL time finally come to be successful?
This condominium adds to the 7.8% growth
From GMA network
Banks and other rating agencies have upped forecasts for the PHL. It is going to be the darling of ASEAN in terms of growth. Thailand and Indonesia will not fare so well for 2013. PHL is likely to achieve 7.8% even beating China 7.5% growth for first quarter 2013, according to Business Mirror
What do you think of this news/
What caused this new high in PHL economic performance?
Is this a luck?
Did we work hard for this? Has PHL time finally come to be successful?
This condominium adds to the 7.8% growth
Friday, August 30, 2013
Revised updated version of slideshare on teaching entrepreneurship at AGSB
Ateneo Professor on Entrepreneurship
This is the revised updated version on the profile / experience of Prof Jorge Entrep on business and entrepreneurship. This a way of introducing self to students and followers of this blog. This is at slideshare for viewing by the public
This is the revised updated version on the profile / experience of Prof Jorge Entrep on business and entrepreneurship. This a way of introducing self to students and followers of this blog. This is at slideshare for viewing by the public
Thursday, August 29, 2013
Government Entrepreneurship
Ateneo Professor on Entrepreneurship
August 29, 2013
I made a new research; this time on government entrepreneurship. This article has been inspired by my reading on Larry Farrell. He is the expert on international entrepreneurship. He advises countries on promoting entrepreneurship as tool for economic development. He came over to the PHL for a lecture on Corporate Entrepreneurship at UAP and said I was his friend. (His wife isnt!) He gave me a authographed book - The New Entrepreneurial Age, which egged me to write do this research.
While some govt could be very friendly towards entrepreneurs, some are outrightly hostile and anti business. Europe has been pro labor and look at its economy now. But Taiwan under Li, the Minister of Economics said that government must honor entrepreneurs. That is also an extreme. That is why Taipei averaged 9% growth for the last 60 years and 5th largest reserves in the world.
Elsewhere in the world, even in the PHL, entrepreneurs are harassed by regulators. There is no need to give money or support to entrepreneurs; just leave them alone
Even in US businessman are wary of IRS, Obamacare and the precarious govt finance situation. In California, many readers are wary that the Hyperloop concept will not take off in California. California has been rated by The Executive Magazine as one of the worst place to do business in.
Here is the slideshare presentation
August 29, 2013
I made a new research; this time on government entrepreneurship. This article has been inspired by my reading on Larry Farrell. He is the expert on international entrepreneurship. He advises countries on promoting entrepreneurship as tool for economic development. He came over to the PHL for a lecture on Corporate Entrepreneurship at UAP and said I was his friend. (His wife isnt!) He gave me a authographed book - The New Entrepreneurial Age, which egged me to write do this research.
While some govt could be very friendly towards entrepreneurs, some are outrightly hostile and anti business. Europe has been pro labor and look at its economy now. But Taiwan under Li, the Minister of Economics said that government must honor entrepreneurs. That is also an extreme. That is why Taipei averaged 9% growth for the last 60 years and 5th largest reserves in the world.
Elsewhere in the world, even in the PHL, entrepreneurs are harassed by regulators. There is no need to give money or support to entrepreneurs; just leave them alone
Even in US businessman are wary of IRS, Obamacare and the precarious govt finance situation. In California, many readers are wary that the Hyperloop concept will not take off in California. California has been rated by The Executive Magazine as one of the worst place to do business in.
Here is the slideshare presentation
Please see my latest lecture/post on Entrepreneurial Capitalism
Ateneo Professor on Entrepreneurship
This is a new topic and a new lecture. I did not realize that entrepreneurship governs international finance. All the while I thought that entrepreneurship is mostly local and confined to goods and services. After reading the World is Curved, I began to appreciate my calling (what I am teaching and blogging about)
Here is my latest ppt. presentation at Slideshare on Entrepreneurial Capitalism
This is a new topic and a new lecture. I did not realize that entrepreneurship governs international finance. All the while I thought that entrepreneurship is mostly local and confined to goods and services. After reading the World is Curved, I began to appreciate my calling (what I am teaching and blogging about)
Here is my latest ppt. presentation at Slideshare on Entrepreneurial Capitalism
33 Free Lead Generation Techniques at the Web
Ateneo Professor on Entrepreneurship
There are several ways that you can employ to generate sales lead. At the Web.
For Free.
Why dont you try them. And watch your leads grow and sales and profits increase!!
There are several ways that you can employ to generate sales lead. At the Web.
For Free.
Why dont you try them. And watch your leads grow and sales and profits increase!!
Old school strategy is dead; involvement engagement, entrepreneurship, is the new school strategy
This idea is an offshoot of reading Leafrogging the Competition by Oren Harari Ph.D. From 1984 to 1996, he was senior consultant of Tom Peters Group (author of books like Passion for Excellence)
1. Old School Strategy
Strategic planning as understood in the past, is a sacred cow and can be outright dangerous to business health
4. Mergers and acquisition
Many big businesses have gone on merger and acquisition spree. This is true for many banks in Japan and US. This is to grow the branch network and reach market, achieve economies of scale, based on the assumption of synergy. But many mergers fail.
Why are mergers part of many corporate strategies?
1. Assumption is bigger is better
2. Synergy
3. Bigger market share, sales, profits.
4. Peter Drucker, the management guru says because it easier. Growing the business organically is harder; buying an existing business is faster and easier. Overnight, you have more branches more staff
5. Freudian, ego of management - mine is bigger than yours.
Why do mergers fail?
It is like asking two Godzillas to mate and produce a gazelle
1. Too big means that there is too much inertia for the large companies to serve customers and defeat the competition;
2. Clash of cultures and internal wranglings as to who will head a unit or be downsized.
3. The big problems of two big companies are doubled/compounded.
4. According to Warren Buffet, he observes that the stock price of the acquiring companies suffer.
Thus past mergers saw failures, eventual divestment of the acquiring companies. Bigger is not necessarily better
5. Spread sheet mentality
CEOs and top guys who have nothing but ROI in their mind eventually lose out. Those who watch out Wall St. eventually find themselves off the wall but at the gutter. They neglect markets, products, customers. The numbers are the results rather than the end of all business activities.
Drucker correctly notes that the primary purpose is to create customers
Those who come to the business with just $ dollars in their mind, end up like pirates and robber barons. Profit maximization is no longer the name of the game, CSV corporate shared value is the new replacement for obscene capitalism, says the Harvard Guru himself - Michael Porter
Alternatives to old school strategic planning
Opportunity seeking, screening and seizing are important topics on entrepreneurship elective. They should be important topic in strategy. They are:
External: products, market, customer, customer satisffaction
Internal: business process, materials, manpower, productivity quality service enhancement,
5. Strategic conversations
"Making kuwento" handing down stories are important and powerful tools in communicating values, vision, and mental models. I have heard this often from TMC CEO Dr. Bengzon, and AdeMU President Fr. Ben
Harari prescribes constant conversations but more on hard issues by top management with their people;
These questions can be asked:
1. Why are we here?
2. What is our purpose,
3. Who are our customers and how do we serve them?
4. What makes our organization unique; How do we maintain and even improve that uniqueness.
5. What makes our product and service unique? How do we maintain that uniqueness?
5. Who are our competitors? How do we beat them? How do we utilize them to serve the market better
6. What if any, prevent us to be successful?
7. How do we remove the hindrances?
8. What are our definition of success?
9. How do we become successful
10. What is our mission?
11. What are our beliefs? (norms and values)
12. What are our principles?
Areas to be probed by strategic conversations:
l. commitments
2. new ideas,
3. critique of decisions
4. alternatives,
5. sharing learning
6. implementation problems
6. Mental models
According to Peter Senge in his book, Fifth Discipline. the first step towards strategy is changing the mental models. Without this, you can not force commitment nor action towards the direction set.
According to Arie de Geus, former chief planner of Royal Dutch Shell, the purpose of strategy is not to make plans but to change mental models, to provide a template to quickly evaluate opportunities and opportunities and make strategic right choices everyday.
7. Role of leadership
Leadership, according to Harold Geneen, the ertswhile boss at ITT says that leadership contributes to 70% of the bottom line. Therefore leadership must be enlightened, passionate, and creative.
Harari prescribes leadership to be:
l. Exciting (world class)
2. Cohesive (promotes unity)
3. Ever evolving (innovating, alive with new ideas)
8. Always organize around your customers
1. Always have someone report on what the customer wants and needs are;
2. Monitor customer complaints; you can learn zillions from them.
3. The starting and end point of all processes and resources is to serve the custmers.
4. What to do with abusive customers who are dishonest and make unreasonable demands, and are disruptive; they are no longer customers. Harari advise to get rid of them and have the law deal with them
8. Always organize around your customers
1. Always have someone report on what the customer wants and needs are;
2. Monitor customer complaints; you can learn zillions from them.
3. The starting and end point of all processes and resources is to serve the custmers.
4. What to do with abusive customers who are dishonest and make unreasonable demands, and are disruptive; they are no longer customers. Harari advise to get rid of them and have the law deal with them
What do you think of these new ideas?
Are they disruptive?
Do you agree with HBR that traditional strategy is dead?
Nilofer Merchant - disconnect between MBA strategy and business reality
Do you agree with HBR that traditional strategy is dead?
Nilofer Merchant - disconnect between MBA strategy and business reality
--
Jorge Saguinsin
"Getting higher and stronger"Tuesday, August 27, 2013
Successful entrepreneurship by Brian Tracy
Ateneo Professor on Entrepreneurship
From Brian Tracy files
Mr Brian Tracy is a famous motivational speaker and salesman. He has written numerous books and conducted thousands of seminar on the above traffic.
Here he ventures into discussing starting, maintaining and turning around failing businesses.
His title for the talk is Successful Entrepreneurship
From Brian Tracy files
Mr Brian Tracy is a famous motivational speaker and salesman. He has written numerous books and conducted thousands of seminar on the above traffic.
Here he ventures into discussing starting, maintaining and turning around failing businesses.
His title for the talk is Successful Entrepreneurship
Sunday, August 25, 2013
The weather and the legal holidays do not favor the holding of the Monday Spentrep elective at H de la Costa campus?
Ateneo Professor on Entrepreneurship
I should have started an entrep elective subject at H de la Costa two Mondays ago. As we all know, two floods/typhoons hit the country and the classes were suspended. Tomorrow is National Heroes day, another no classes day and this would be the third day that classes would be postponed. It favors my decision to take a leave from teaching for a while since I am now a senior
There are supposed to be 17 students and I emailed 4 of them just to get touch to read the syllabus and to start preparing for the assignments (which could be plenty)
Here is the list sent to me by Owie. How many would continue; this subject is challenging (hard)
I should have started an entrep elective subject at H de la Costa two Mondays ago. As we all know, two floods/typhoons hit the country and the classes were suspended. Tomorrow is National Heroes day, another no classes day and this would be the third day that classes would be postponed. It favors my decision to take a leave from teaching for a while since I am now a senior
There are supposed to be 17 students and I emailed 4 of them just to get touch to read the syllabus and to start preparing for the assignments (which could be plenty)
Here is the list sent to me by Owie. How many would continue; this subject is challenging (hard)
The right way to plan the business is to start from the customer
Ateneo Professor on Entrepreneurship
This has been an oft repeated dictum in market oriented business - to start from the customer.
One of the things I learned from operations and SCM is that the start and the end of supply chain and logistics is the customer.
However, most businesses start with the production/or what the owner has, and in the end they miss entirely the market and fail.
Look at these examples:
l. Japanese car manufacturers start with price points and what the customer want using the House of Quality. Or even reverse engineered the product to meet what the customers want. That is why during their heyday, the Japanese came out with many product winners.
2. The Air Asia would enter the Indian market with the idea that its boss Tony from Malaysia who interviewed Indian train commuters who spend 4 to 6 hours commuting. He asked the commuters how much they are willing to pay for a plane ride that would take only an hour? And then he asked his executives how this could be done. Would Air Asia be successful in India? You bet.
3. The same holds true for Cebu Pacific; they started out with the price point of a roro bus ride that takes 24 hours. How much would they pay for a plane ride that takes only one hour.? So in the beginning they competed with bus rides, not the ferries.
4. Dr. Devi Shetty in planning for NH hospital made sure that the heart surgery could be affordable to most Indians who live on wages of less than $2 per day.
But most of the time we are enamored with the product, its production, and forget about the customers.
This would take a lot of discipline to always remember that.
This has been an oft repeated dictum in market oriented business - to start from the customer.
One of the things I learned from operations and SCM is that the start and the end of supply chain and logistics is the customer.
However, most businesses start with the production/or what the owner has, and in the end they miss entirely the market and fail.
Look at these examples:
l. Japanese car manufacturers start with price points and what the customer want using the House of Quality. Or even reverse engineered the product to meet what the customers want. That is why during their heyday, the Japanese came out with many product winners.
2. The Air Asia would enter the Indian market with the idea that its boss Tony from Malaysia who interviewed Indian train commuters who spend 4 to 6 hours commuting. He asked the commuters how much they are willing to pay for a plane ride that would take only an hour? And then he asked his executives how this could be done. Would Air Asia be successful in India? You bet.
3. The same holds true for Cebu Pacific; they started out with the price point of a roro bus ride that takes 24 hours. How much would they pay for a plane ride that takes only one hour.? So in the beginning they competed with bus rides, not the ferries.
4. Dr. Devi Shetty in planning for NH hospital made sure that the heart surgery could be affordable to most Indians who live on wages of less than $2 per day.
But most of the time we are enamored with the product, its production, and forget about the customers.
This would take a lot of discipline to always remember that.
Most entrepreneurs sold something early on, or experienced hardships early on
Ateneo Professor on Entrepreneurship
Most of the entrepreneurs who came as guests or students who have entrepreneursial tendencies, or stories about entrepreneurs in books by Go Negosyo, and even stories with sari sari store owners showed that they liked selling while in school, or while young. They started early. Those who were in marketing or sales eventually ended up as business owners.
The other common characteristic is that they experienced extreme difficulties early on: either the father or mother died (they were orphaned early) they came from a very impoverished place or family. The difficulties made them stronger and better persons and propelled them to success
Something you must own or rent if you have children at University belt
Most of the entrepreneurs who came as guests or students who have entrepreneursial tendencies, or stories about entrepreneurs in books by Go Negosyo, and even stories with sari sari store owners showed that they liked selling while in school, or while young. They started early. Those who were in marketing or sales eventually ended up as business owners.
The other common characteristic is that they experienced extreme difficulties early on: either the father or mother died (they were orphaned early) they came from a very impoverished place or family. The difficulties made them stronger and better persons and propelled them to success
Something you must own or rent if you have children at University belt
Doing business with China is a double edged sword
Ateneo Professor on Entrepreneurship
We have heard many glorious stories about doing business with China;
l. There is a great variety of products that can be made as per your design or order.
2. They are cheap or they can be made as per your specification: cheap, mid priced or premium
3. It is also a large domestic market. We have heard of stories about Western car manufacturers selling a huge number of their vehicles to China, although they were required to set up plants in China. I knew of sound equipment manufacturer who said that their PHL market is only 200; their China market - 500,000
The China downside:
l. Intellectual property theft; China courts and or confucian ethics is ambivalent towerds IP rights. Are you aware of the third shift production in China?
2. In case of economic meltdown, China could take the rest of the world with it:
l. To save itself, it will have to liquify its foreign holdings causing collapse of financial and stock markets worldwide
2. Or have fire sale of the commodities and finished products it has to liquify its assets, and in the process start a world wide deflation. Either way it is bad for the world economy.
So how do we deal with China and/or protect ourselves from the China juggernaut (or armageddon?)
We have heard many glorious stories about doing business with China;
l. There is a great variety of products that can be made as per your design or order.
2. They are cheap or they can be made as per your specification: cheap, mid priced or premium
3. It is also a large domestic market. We have heard of stories about Western car manufacturers selling a huge number of their vehicles to China, although they were required to set up plants in China. I knew of sound equipment manufacturer who said that their PHL market is only 200; their China market - 500,000
The China downside:
l. Intellectual property theft; China courts and or confucian ethics is ambivalent towerds IP rights. Are you aware of the third shift production in China?
2. In case of economic meltdown, China could take the rest of the world with it:
l. To save itself, it will have to liquify its foreign holdings causing collapse of financial and stock markets worldwide
2. Or have fire sale of the commodities and finished products it has to liquify its assets, and in the process start a world wide deflation. Either way it is bad for the world economy.
So how do we deal with China and/or protect ourselves from the China juggernaut (or armageddon?)
Tuesday, August 20, 2013
Latest edition of my lecture on Introduction to Entrepreneurship
Ateneo Professor on Entrepreneurship | August 20, 2013
This is the 1st edition of the V3, 1st edition of my Introduction to Entrepreneurship Lecture. Many things have changed and some of the earlier version may no longer be applicable or have been irrelevant. This is a very long long lecture but has incorporated my latest thoughts and learning including from guest entrepreneurs who have their own definition of the subject. I hope you like it.
Please watch for my forthcoming lecture on government entrepreneurship and entrepreneurial capitalism
This is the 1st edition of the V3, 1st edition of my Introduction to Entrepreneurship Lecture. Many things have changed and some of the earlier version may no longer be applicable or have been irrelevant. This is a very long long lecture but has incorporated my latest thoughts and learning including from guest entrepreneurs who have their own definition of the subject. I hope you like it.
Please watch for my forthcoming lecture on government entrepreneurship and entrepreneurial capitalism
What entrepreneurship means to an Entrep student?
Ateneo Professor on Entrepreneurship
An entrep student recently wrote me:
"Sir,
The enterprise I am thinking of is not far away. It right in front of my house. I got this from your definition of entrepreneurship as being "maparaaan, madiskarte." It hit my face like a block!
MJ's Garden
Manpower:
Mj
Tita levy
Ate Jane
Materials:
Black plastic (small)
Garden soil
Kartilya
Pruning sheers
Garden tools
Machinery:
Laptop
Printer
Amazing healing plants book
Coupon bond
Methods:
1. Gather materials needed for the project:
a. Garden soil at Tia levy's property;
b. Clear the area;
c. Purchase black plastic bag;
d. Put garden soil in the blah plastic bag;
e. Propagate, transfer plants;
f. Arrange plants
2. Prepare the brochure/leaflets.
a. Leaflet must be per plant indicating the description, medicinal properties, cure and preparation.
3. Ate Jane will be the one in charge of the marketing, info dissemination, word of mouth
4 Ps of marketing:
Product - herbal/medicinal plant, ornamental plant, fruit bearing trees seedlings, vegetables and fruits.
Placement/channel:
Schools, BHWs, housewives, garden and park owners
Promotion: leaflets, word of mouth, referral, free orientation about healing plants, blog and fb
Price: Php. 10.00 - 50.00 depending on the plants and uses.
What do you think sir? Isnt it great?
An entrep student recently wrote me:
"Sir,
The enterprise I am thinking of is not far away. It right in front of my house. I got this from your definition of entrepreneurship as being "maparaaan, madiskarte." It hit my face like a block!
MJ's Garden
Manpower:
Mj
Tita levy
Ate Jane
Materials:
Black plastic (small)
Garden soil
Kartilya
Pruning sheers
Garden tools
Machinery:
Laptop
Printer
Amazing healing plants book
Coupon bond
Methods:
1. Gather materials needed for the project:
a. Garden soil at Tia levy's property;
b. Clear the area;
c. Purchase black plastic bag;
d. Put garden soil in the blah plastic bag;
e. Propagate, transfer plants;
f. Arrange plants
2. Prepare the brochure/leaflets.
a. Leaflet must be per plant indicating the description, medicinal properties, cure and preparation.
3. Ate Jane will be the one in charge of the marketing, info dissemination, word of mouth
4 Ps of marketing:
Product - herbal/medicinal plant, ornamental plant, fruit bearing trees seedlings, vegetables and fruits.
Placement/channel:
Schools, BHWs, housewives, garden and park owners
Promotion: leaflets, word of mouth, referral, free orientation about healing plants, blog and fb
Price: Php. 10.00 - 50.00 depending on the plants and uses.
What do you think sir? Isnt it great?
Some things I learned about Sulit from its founder
Ateneo Professor on Entrepreneurship | August 20, 2013
I interviewed my inaanak during the long wait for the start of the% program and during the awarding proper (they kept on reading the same text for the same category) on his baby: Sulit.
Why name sulit? Does it have something to do with the their surnames? " No it is about Sulit - value for money. It is worth it. The Pilipino word for value."
Are you 24/7. "No only 6 to 9. Maybe the customer support."
Does everybody pay for Sulit posting. "No. But our goal is to make just 5% pay for the services to 95%. We use the Chris Anderson "freemium" "
How come when you search for something, Sulit always comes up? "It is a trade secret. We tweak here and there. But it is difficult now. Mr. Google is smart now. It is more difficult to do an SEO magic now. It is all about content. We are glad we have 70,000 new contents daily
Some of his thoughts:
"We are number l in the PHL, we even beat Ebay"
"We started with nothing; my wife and I did not practically sleep building the templates and the infrastructure. We are glad we have the support of the foreign investor because we can match the media and ads spending of our competitor. It would be challenging to start this kind of business again."
"BIR says that our business is just like SM with tenants. And we should be taxed. How untrue. Very few of our postings/followers pay. Less than 5%" But we are all aware that regulations and taxation online are still vague. It is still in the gray area.
I interviewed my inaanak during the long wait for the start of the% program and during the awarding proper (they kept on reading the same text for the same category) on his baby: Sulit.
Why name sulit? Does it have something to do with the their surnames? " No it is about Sulit - value for money. It is worth it. The Pilipino word for value."
Are you 24/7. "No only 6 to 9. Maybe the customer support."
Does everybody pay for Sulit posting. "No. But our goal is to make just 5% pay for the services to 95%. We use the Chris Anderson "freemium" "
How come when you search for something, Sulit always comes up? "It is a trade secret. We tweak here and there. But it is difficult now. Mr. Google is smart now. It is more difficult to do an SEO magic now. It is all about content. We are glad we have 70,000 new contents daily
Some of his thoughts:
"We are number l in the PHL, we even beat Ebay"
"We started with nothing; my wife and I did not practically sleep building the templates and the infrastructure. We are glad we have the support of the foreign investor because we can match the media and ads spending of our competitor. It would be challenging to start this kind of business again."
"BIR says that our business is just like SM with tenants. And we should be taxed. How untrue. Very few of our postings/followers pay. Less than 5%" But we are all aware that regulations and taxation online are still vague. It is still in the gray area.
New research on government entrepreneurship and capitalist entrepreneurship
Ateneo Professor on Entrepreneurship | August 20, 2013
As it was raining so hard yesterday and not much office work to do, I decided to gather my thoughts on these two topics: capitalist entrepreneurship (inspired by Dick Smick in his book, The World is Curved) and government entrepreneurship the ideas of which came from Larry Farrell. The seminal idea came from the post on ecosystem for the business to thrive. Some governments and states are involved in investment in new ventures. Some/a few have been successful
Most of the articles are merely on separate topics: entrepreneurship, capitalist, or government but not on the above mentioned specific topics
For government entrepreneurship, Malaysia, Singapore, Taiwan and China are countries to benchmark. The famous personalities are K. T. Li of Taiwan, Koh Bon Hwee of Singapore, and Mustapa Mohamed of Malaysia, and Charles Millard of New York City
Presidents Reagan (with his controversial Reaganomics) and Clinton have been famous for bringing US to long periods of growth and prosperity (but they say that the tax cuts under these two presidents blew up the debt and deficit spending by the govt and hence this Obama situation) And you have Jack Kemp
The contents are done but I would like a nice template for them to be more attractive and presentable. I hope many would be interested in these topics.
These are new.
As it was raining so hard yesterday and not much office work to do, I decided to gather my thoughts on these two topics: capitalist entrepreneurship (inspired by Dick Smick in his book, The World is Curved) and government entrepreneurship the ideas of which came from Larry Farrell. The seminal idea came from the post on ecosystem for the business to thrive. Some governments and states are involved in investment in new ventures. Some/a few have been successful
Most of the articles are merely on separate topics: entrepreneurship, capitalist, or government but not on the above mentioned specific topics
For government entrepreneurship, Malaysia, Singapore, Taiwan and China are countries to benchmark. The famous personalities are K. T. Li of Taiwan, Koh Bon Hwee of Singapore, and Mustapa Mohamed of Malaysia, and Charles Millard of New York City
Presidents Reagan (with his controversial Reaganomics) and Clinton have been famous for bringing US to long periods of growth and prosperity (but they say that the tax cuts under these two presidents blew up the debt and deficit spending by the govt and hence this Obama situation) And you have Jack Kemp
The contents are done but I would like a nice template for them to be more attractive and presentable. I hope many would be interested in these topics.
These are new.
Monday, August 19, 2013
The Sulit founder and CEO is may "inaanak" pala!
Ateneo Professor on Entrepreneurship
Prof Jorge with RJ David, CEO and founder of Sulit at Angono Day awards night
Angono Rizal PHL August 19, 2013
I attended an awarding ceremonies which culminate the 75th (diamond) independence jubilee of Angono, Rizal my hometown. As I was waiting for the program to start, one of the awardees for business (just like me but for IT) took my hand and said "Mano po ninong" I was a little bit surprised and after some conversation learned, as I thought all along that he founded Sulit. He is RJ David, an inaanak.
And that we has awardee for Go Negosyo (where I am a lecturer) several times. And I had conversation about SEO (of which my daughter is very much involved him) Sulit is a very much admired local IT company. He said he started it with his wife in Bloomingdale Homes subdivision (which I planned and helped build and sell). And they started everything from scratch.
He sold the company to a South African company (a $5 billion annual revenue company which owns Craig partially) but retained the CEO title and 20% ownership. He does not live anymore in Angono. He lives in Ortigas where Sulit is now headquartered.
Angono Rizal PHL August 19, 2013
I attended an awarding ceremonies which culminate the 75th (diamond) independence jubilee of Angono, Rizal my hometown. As I was waiting for the program to start, one of the awardees for business (just like me but for IT) took my hand and said "Mano po ninong" I was a little bit surprised and after some conversation learned, as I thought all along that he founded Sulit. He is RJ David, an inaanak.
And that we has awardee for Go Negosyo (where I am a lecturer) several times. And I had conversation about SEO (of which my daughter is very much involved him) Sulit is a very much admired local IT company. He said he started it with his wife in Bloomingdale Homes subdivision (which I planned and helped build and sell). And they started everything from scratch.
He sold the company to a South African company (a $5 billion annual revenue company which owns Craig partially) but retained the CEO title and 20% ownership. He does not live anymore in Angono. He lives in Ortigas where Sulit is now headquartered.
Why as an entrepreneur you should read a lot, read more books? (in support of special reports)
Ateneo Professor on Entrepreneurship
I spent maybe more than a hundred thousand pesos on books. I read more than 300 hard copy books and made written summaries on each and every one of them. That is why I kept pace with what is happening with the latest in business and entrepreneurship even though I live in the province. I have blog reader too that gives me latest (Googles blog reader is gone but I have feeds from rss) I have always believed that Knowledge is Power. It is true then and is true now. With the multiplication of knowledge powered by the web, we have to keep up to be competitive.
In the entrep course, there is portion for special reports where students are enjoined to read books, and report in class. The summaries (presumably in powerpoint) are to be uploaded to slideshare: to help increase knowledge of fellow students, past and future students and multiply ideas of management, entrepreneurship, and business leadership faster.
Here is one such interesting reading/viewing from Slideshare:
I spent maybe more than a hundred thousand pesos on books. I read more than 300 hard copy books and made written summaries on each and every one of them. That is why I kept pace with what is happening with the latest in business and entrepreneurship even though I live in the province. I have blog reader too that gives me latest (Googles blog reader is gone but I have feeds from rss) I have always believed that Knowledge is Power. It is true then and is true now. With the multiplication of knowledge powered by the web, we have to keep up to be competitive.
In the entrep course, there is portion for special reports where students are enjoined to read books, and report in class. The summaries (presumably in powerpoint) are to be uploaded to slideshare: to help increase knowledge of fellow students, past and future students and multiply ideas of management, entrepreneurship, and business leadership faster.
Here is one such interesting reading/viewing from Slideshare:
Friday, August 16, 2013
Entrepreneurship grows well in a favorable ecosystem - with a little bit of....
Ateneo Professor on Entrepreneurship
Angono, Rizal PHL | August 15, 2013
Lecture on entrepreneurship for local businessman and officials
Tomorrow, I will be lecturing some local businessman and public officials on entrepreneurship. On Monday, I will be receiving an award on entrepreneurship. This is a good sign because the public sector supports entrepreneurship. It is the kind of environment that entrepreneurship needs in order to survive. Entrep needs a thrives on a favorable ecosystem.
State of entrepreneurship in USA
Last night, I was watching Fox News and many US businessmen are wary according to a survey of the following:
l. Overregulation;
2. The rising cost of health care (due to Obama care)
3. The IRS
4. The growing US debt and fiscal deficit.
Are these conducive to entrepreneurship and job generation? No wonder, the unofficial unemployment rate at US is at l4% (it is 26% in Greece and Spain)
What entrepreneurship needs according to Larry Farrell:
l. A little bit of education - Short courses, not MBA works well for start ups and entrepreneur wannabees. The only thing that we need to develop entrepreneurs is to teach wannabees how to create and produce products and services that the world needs.
The model for this little bit of education is the Junior Achievement. In the Phil, it is the Go Negosyo Caravan. and some elective subjects at MBA. In my experience, the Jaycees did much to develop that little bit of entrepreneurship in me.
2. A little bit of money - It does not take that much money to launch a start up. That is why many governments have wealth funds to launch start ups as in Dhubai, Estonia and even in NY. These are the stats showing how much it cost to support:
A year in prison - $45,000 (Pl, 800,000)
A year in Harvard - 35,000 (Pl,400,000)
A year on welfare - 25,000 (l,000,000)
Start up cost - 14,000 ( 560,000)
Entrepreneurship requires the least cost.
In NY there was this New York City Discovery Fund with initial $10,000,000 funded by the Economic Development Council chaired by Charles Milllard.. Charles Millard proposed for the NY City then headed by Guiglani is "first do no harm" (same as Hippocrates Oath?)
Each of the companies that I founded required only P312,500 as paid in capital which is 25% of P1, 250,000 of subscribed capital. And yet we continue going by way to socialist route to support the poor. Money goes down the drain.
3. A little bit of culture - The government must be friendly to entrepreneurs. But I have noted on one hand the govt says it promotes entrepreneurship; that is the benign side. On the other hand, the other hand, the ugly side of the govt: the zealous technocrats of the revenue (customs and BIR), the police, the market administrators, pounce and mulct the poor entrepreneurs.
Just a little sympathy is needed. There are many citizens who want to be self supporting and revenue generating, independent citizens.
According to Koh Boon Hwee, Chairman of Singapore Telecom (part owner of Globe Telecom) and who led the successful Singapore ventures: Singapore Development Bank, Singapore Airlines, it was government entrepreneurship that propelled Singapore to its progress. It has maintained a friendly atmosphere for entrepreneurs
These countries according to the survey of Kaufman Foundation are entrepreneur friendly:
Countries and their start up rates:
USA 8.4 <in view of the Fox news survey, this must be changing now.>
Canada 6.8
Germany 4.1
Italy 3.4
UK 3.3
France l.8
Japan l.6
The stats on Japan jive well with the observation that bank and govt structure in that country are so against lending and supporting entrepreneurs.
Earlier, PHL was ranked by Global Entrepreneur Monitor (GEM) (I met the Managing Director in a conference in Korea) as No. 2 worldwide in entrepreneurial activity.
Some activities of the government really piss off new wannabees. The BOC and Philpost rascals effectively killed on line businesses in the PHL. So is attempting to regulate the internet or ownership limitations, change in taxations.
So govts must carefully study how to maintain the delicate ecosystem if it wants to be up in the economic activity or for it to recover.
Angono, Rizal PHL | August 15, 2013
Lecture on entrepreneurship for local businessman and officials
Tomorrow, I will be lecturing some local businessman and public officials on entrepreneurship. On Monday, I will be receiving an award on entrepreneurship. This is a good sign because the public sector supports entrepreneurship. It is the kind of environment that entrepreneurship needs in order to survive. Entrep needs a thrives on a favorable ecosystem.
State of entrepreneurship in USA
Last night, I was watching Fox News and many US businessmen are wary according to a survey of the following:
l. Overregulation;
2. The rising cost of health care (due to Obama care)
3. The IRS
4. The growing US debt and fiscal deficit.
Are these conducive to entrepreneurship and job generation? No wonder, the unofficial unemployment rate at US is at l4% (it is 26% in Greece and Spain)
What entrepreneurship needs according to Larry Farrell:
l. A little bit of education - Short courses, not MBA works well for start ups and entrepreneur wannabees. The only thing that we need to develop entrepreneurs is to teach wannabees how to create and produce products and services that the world needs.
The model for this little bit of education is the Junior Achievement. In the Phil, it is the Go Negosyo Caravan. and some elective subjects at MBA. In my experience, the Jaycees did much to develop that little bit of entrepreneurship in me.
2. A little bit of money - It does not take that much money to launch a start up. That is why many governments have wealth funds to launch start ups as in Dhubai, Estonia and even in NY. These are the stats showing how much it cost to support:
A year in prison - $45,000 (Pl, 800,000)
A year in Harvard - 35,000 (Pl,400,000)
A year on welfare - 25,000 (l,000,000)
Start up cost - 14,000 ( 560,000)
Entrepreneurship requires the least cost.
In NY there was this New York City Discovery Fund with initial $10,000,000 funded by the Economic Development Council chaired by Charles Milllard.. Charles Millard proposed for the NY City then headed by Guiglani is "first do no harm" (same as Hippocrates Oath?)
Each of the companies that I founded required only P312,500 as paid in capital which is 25% of P1, 250,000 of subscribed capital. And yet we continue going by way to socialist route to support the poor. Money goes down the drain.
3. A little bit of culture - The government must be friendly to entrepreneurs. But I have noted on one hand the govt says it promotes entrepreneurship; that is the benign side. On the other hand, the other hand, the ugly side of the govt: the zealous technocrats of the revenue (customs and BIR), the police, the market administrators, pounce and mulct the poor entrepreneurs.
Just a little sympathy is needed. There are many citizens who want to be self supporting and revenue generating, independent citizens.
According to Koh Boon Hwee, Chairman of Singapore Telecom (part owner of Globe Telecom) and who led the successful Singapore ventures: Singapore Development Bank, Singapore Airlines, it was government entrepreneurship that propelled Singapore to its progress. It has maintained a friendly atmosphere for entrepreneurs
These countries according to the survey of Kaufman Foundation are entrepreneur friendly:
Countries and their start up rates:
USA 8.4 <in view of the Fox news survey, this must be changing now.>
Canada 6.8
Germany 4.1
Italy 3.4
UK 3.3
France l.8
Japan l.6
The stats on Japan jive well with the observation that bank and govt structure in that country are so against lending and supporting entrepreneurs.
Earlier, PHL was ranked by Global Entrepreneur Monitor (GEM) (I met the Managing Director in a conference in Korea) as No. 2 worldwide in entrepreneurial activity.
Some activities of the government really piss off new wannabees. The BOC and Philpost rascals effectively killed on line businesses in the PHL. So is attempting to regulate the internet or ownership limitations, change in taxations.
So govts must carefully study how to maintain the delicate ecosystem if it wants to be up in the economic activity or for it to recover.
Increasing personal productivity from Turbo Coach book of Brian Tracy
Ateneo Professor on Entrepreneurship
You can increase your productivity as an entrepreneur or as business leader as advised by Brian Tracy in his book: "Turbo Coach"
These are 11 ways on how to increase personal productivity from Turbo Coach by Brian Tracy Chapter 8:
l. Develop clear goals and write them down.
2. Write clear action plan
3. Set your priorities.
4. Concentrate and eliminate distractions
5. Lengthen your workday but increase your time off.
6. Work harder on what you do.
7. Work smarter (not harder)
8. Hasten the pace.
9. Aligh you work with your skills
10. Bunch your tasks (batching)
11. Cut out tasks and simplify work/process
You can increase your productivity as an entrepreneur or as business leader as advised by Brian Tracy in his book: "Turbo Coach"
These are 11 ways on how to increase personal productivity from Turbo Coach by Brian Tracy Chapter 8:
l. Develop clear goals and write them down.
2. Write clear action plan
3. Set your priorities.
4. Concentrate and eliminate distractions
5. Lengthen your workday but increase your time off.
6. Work harder on what you do.
7. Work smarter (not harder)
8. Hasten the pace.
9. Aligh you work with your skills
10. Bunch your tasks (batching)
11. Cut out tasks and simplify work/process
Saturday, August 10, 2013
The "World is Curved" is actually about Capitalist Entrepreneurship
Ateneo Professor on Entrepreneurship
Angono, Rizal PHL | August 10, 2012
I bought books from Books for Less 3 weeks ago and I read "The World is Curved by David M. Smick one of the "most insightful strategist of modern times" He has met central bankers, even the head of ECB now, with Ben Bernanke, Alan Greenspan and advised regularly: former Pres. Ronald Reagan, George Soros (the currency speculator), Michael Steihart, Stan Druckermiller. Bill Bradley, Jack Kemp.
He is familiar with Japanese finance officials, and even met the former strongman of Singapore Lee Kuan Yu.
He started at an early age, advising Reagan on financial policy.
What amaze me in his book is his regular mention of broad theme of the book - "capitalist entrepreneurship" The Central Banks are helpless to control now the ocean of cash (as much as more than $l00 tirllion) and what drives this ocean of money is "capitalist entrepreneurship" This money knows no religion or political belief (even the Red Guards/Communists are entrepreneurs in China)
This cash moves across borders and industries quickly.
Public policy that are restrictive, that are anti trade and globalization can make this money move away
Now these entrepreneurs are not exactly moral as we have seen in US financial crisis where the regulators and investment bankers were not so transparent about what they are selling.
But by and large, the growth in money and finance worldwide were due to this capital entrepreneurhsip
l. After the fall of Berlin wall, and despite the wide gap between East and West Germany, and despite strong labor forces, the mergers and acquisitions at Germany forced by the capitalists entrepreneurs made industries: save costs, streamline, and employ non unionized workers. Because of this Germany's currency became stronger to the detriment of Italy and even UK.
2. Margaret Thatcher removed the barriers to industries - the unions, that allowed UK to move forward. In US that was Pres. Reagan forcing the hand of air traffic controllers - unions that sapped the public and the industries.
3. Japan will not be able to reignite entrepreneurship because of its very conservative structure. Banks after a series of merger are more conservative and do not favor lending to entrepreneurs.
4. Nations still flock to US and US dollar because of the perception that US is still the center of innovation and entrepreneurship. Nobody comes close. Europe does not come close. And Euro, British pounds, as a result take a beating.
He observes that Euro was a mistake because it does not recognize the wide differences in market economies: the costs and the market demands. E.g. Italy marketing shoes to Asia. A strong Euro would not make them competitive in Asia. But that would favor Germany who sells MB and BMW. Thus you could not have one currency for EU.
Globalization and promotion of international trade, economic zones are conducive to entrepreneurship. Champions of this have been former Pres. Bill Clinton and Ronald Reagan, Sen. Schu. Hillary Clinton is anti globalization.
The current crop of politicians in US are anti globalization of finance and think that US is insular vs global events. But nothing could be farther from truth because the world takes the dollar as reserves and trading currency. Its value to the world is being watched by everyone.
US is beginning to:
l. Tinker with class war, ie, differential taxation of masses and the rich
2. Promote anti trade policies - restrictive investment on strategic/defense/IT/ communication industries.
3. Anti China, anti outsourcing policies/laws.
Anything that hinders free movement of trade and finance will stop capitalist entrepreneurship and will do more harm than good to the US and the world at large.
What do you think?
Angono, Rizal PHL | August 10, 2012
I bought books from Books for Less 3 weeks ago and I read "The World is Curved by David M. Smick one of the "most insightful strategist of modern times" He has met central bankers, even the head of ECB now, with Ben Bernanke, Alan Greenspan and advised regularly: former Pres. Ronald Reagan, George Soros (the currency speculator), Michael Steihart, Stan Druckermiller. Bill Bradley, Jack Kemp.
He is familiar with Japanese finance officials, and even met the former strongman of Singapore Lee Kuan Yu.
He started at an early age, advising Reagan on financial policy.
What amaze me in his book is his regular mention of broad theme of the book - "capitalist entrepreneurship" The Central Banks are helpless to control now the ocean of cash (as much as more than $l00 tirllion) and what drives this ocean of money is "capitalist entrepreneurship" This money knows no religion or political belief (even the Red Guards/Communists are entrepreneurs in China)
This cash moves across borders and industries quickly.
Public policy that are restrictive, that are anti trade and globalization can make this money move away
Now these entrepreneurs are not exactly moral as we have seen in US financial crisis where the regulators and investment bankers were not so transparent about what they are selling.
But by and large, the growth in money and finance worldwide were due to this capital entrepreneurhsip
l. After the fall of Berlin wall, and despite the wide gap between East and West Germany, and despite strong labor forces, the mergers and acquisitions at Germany forced by the capitalists entrepreneurs made industries: save costs, streamline, and employ non unionized workers. Because of this Germany's currency became stronger to the detriment of Italy and even UK.
2. Margaret Thatcher removed the barriers to industries - the unions, that allowed UK to move forward. In US that was Pres. Reagan forcing the hand of air traffic controllers - unions that sapped the public and the industries.
3. Japan will not be able to reignite entrepreneurship because of its very conservative structure. Banks after a series of merger are more conservative and do not favor lending to entrepreneurs.
4. Nations still flock to US and US dollar because of the perception that US is still the center of innovation and entrepreneurship. Nobody comes close. Europe does not come close. And Euro, British pounds, as a result take a beating.
He observes that Euro was a mistake because it does not recognize the wide differences in market economies: the costs and the market demands. E.g. Italy marketing shoes to Asia. A strong Euro would not make them competitive in Asia. But that would favor Germany who sells MB and BMW. Thus you could not have one currency for EU.
Globalization and promotion of international trade, economic zones are conducive to entrepreneurship. Champions of this have been former Pres. Bill Clinton and Ronald Reagan, Sen. Schu. Hillary Clinton is anti globalization.
The current crop of politicians in US are anti globalization of finance and think that US is insular vs global events. But nothing could be farther from truth because the world takes the dollar as reserves and trading currency. Its value to the world is being watched by everyone.
US is beginning to:
l. Tinker with class war, ie, differential taxation of masses and the rich
2. Promote anti trade policies - restrictive investment on strategic/defense/IT/ communication industries.
3. Anti China, anti outsourcing policies/laws.
Anything that hinders free movement of trade and finance will stop capitalist entrepreneurship and will do more harm than good to the US and the world at large.
What do you think?
Friday, August 9, 2013
Crimson Hotel at Alabang - a great place to stay away from Home - where we had AGSB conference
Ateneo Professor on Entrepreneurship
It is a 25 storey hotel with imposing facade; hotel starts at 8th floor
August 9, 2013
The AGSB faculty conference was held at the Crimson Hotel in Alabang. It is located right in front of South Station and near the commercial areas of Muntinglupa (the market, the Starmall bus stattion) and pretty much crowded. The hotel lobby is at the 8th floor and and they have several floors from the ground devoted to parking.
It is owned by Filinvest and somebody runs it for Filinvest as a hotel.
I can say that the hotel is very competitive to Seoul and Bangkok hotel. Their buffett is sumptous and would be comparable to Waterfront and BKK hotels.
Crimson can give foreign hotels a run for their money.
I highly recommend Crimson Hotel. (They are not paying me for this blogpost)
The pool area
Tent like structure at the pool area
Nice furniture, ceiling, lighting, and art works at hotel lobby
Hotel lobby wall, and lighting
Another art work, Thai inspired?
Look at rich decor and lighting
The pool area as seen from 17th floor
Exquisite mother of pearl ceiling
Bathroom decor, note the expensive marble table top
The TV conference display board
Cafe 8 bar lights
Room bathroom tiles
A typical room
View of the poolside; Laguna Lake, and Talim Island
Ceiling lamp in the conference room
The fiesta mall
Other glass towers at Alabang Filinvest City
Impressive painting at the Hotel Lobby
Great lighting and decor at the elevator area
Sunrise, nice skies as viewed from the hotel room
Crimson flowers at the lobby
Fountain and waterfalls at the middle of hotel lobby - feng shui elements (at the 8th floor)
An ultra modern gym; each station would cost over a hundred thousand?
The south station as viewed from the gymn
Crimson Hotel at You Tube
August 9, 2013
The AGSB faculty conference was held at the Crimson Hotel in Alabang. It is located right in front of South Station and near the commercial areas of Muntinglupa (the market, the Starmall bus stattion) and pretty much crowded. The hotel lobby is at the 8th floor and and they have several floors from the ground devoted to parking.
It is owned by Filinvest and somebody runs it for Filinvest as a hotel.
I can say that the hotel is very competitive to Seoul and Bangkok hotel. Their buffett is sumptous and would be comparable to Waterfront and BKK hotels.
Crimson can give foreign hotels a run for their money.
I highly recommend Crimson Hotel. (They are not paying me for this blogpost)
Crimson Hotel at You Tube
Dr Manuel Dayrit, member of Class 72 heads ASMPH
Ateneo Professor on Entrepreneurship
I heard that Dr. Manuel Dayrit, former Sec of Health, our editor in chief in Guidon then, a former batchmate in AdeMU class 72 now heads the ASMPH. I understand he joined WHO after the govt stint. I am glad he now heads this unit in Ateneo.
I heard that Dr. Manuel Dayrit, former Sec of Health, our editor in chief in Guidon then, a former batchmate in AdeMU class 72 now heads the ASMPH. I understand he joined WHO after the govt stint. I am glad he now heads this unit in Ateneo.
Doctah Bengzon - a full production video ala Gangnam style
Ateneo Professor on Entrepreneurship
See this wonderful, albeit funny video - a tribute to Dr. Bengzon.
See this wonderful, albeit funny video - a tribute to Dr. Bengzon.
Doctah Bengzon Style - AAC
Ateneo Professor on Entrepreneurship | August 9, 2013
The operations cluster headed by Prof Ralph Ante listens well to Dr. Bengzon
Dr Alran Bengzon, the ex VP of Ateneo Professional School was sent on retirement (he must be 70 well past the retirement age) He said a valedictory address for Dean Albert for the wonderful job he as protege done for AGSB. From a train station to a superb No. 1 GSB of choice in the country.
A video, a production was made in honor of the former Dean of AGSB
Last August 7, after praising Dean Albert, he said he must say his final goodbye (having retired?)
He started in l993 20 years ago and he started talking to the faculty then, and asked the simple question: what is so Ateneo about AGSB. And through the years, that must be answered in the conference as we look ourselves in the mirror and try to clarify the answer to that question.
He cited the 3 themes prior to 2009 l50th year celebration of Ateneo in the country:
2007 - Celebrating Excellence - Development of Person; of man for others
2008 - Deepening spirituality - relationship of man to God, of man to things, and man to others
2009 - Nation Building - AGSB of the all the units was the first to say that " Our country is our business.
He says that the lives by the AAC:
Accountability - what is your job? Have you delivered value according to the dictates of your job? What have you done according to the objectives of the job and the vision and the mission of the organization
Audacity - courage. Do you have candor? If you lack candor, if you fail to properly assess evaluate your boss, your subordinate and peer, if you continue to fool one another, then your giftedness would not translate into action ---->> achievement. This stand is similar to that of Andrew Grove where he encourages debate and confrontation in communication. tsk tsk This is difficult. You cant afford to draw the ire, the flak from your boss. They take candor personally. Is this the Filipino way? But I understand, even in Western countries, they lack candor in their evaluation or relationship. That is why we see increasing decay in performance. Much of the malaise in US economy is the inability to address the growing lack of productivity of workers (they have become leisure vacation oriented and lack the work habits to excel, ie, have become lousy and lazy)
Only when you have accountability, and audacity can you have community
Do you agree with the Bengzon style?
Doctah Bengzon style at You Tube
He was ignored by Rachel (emcee then) and his comment lasted for one hour
Doctah Bengzon smiles as he sits beside Dean Albert whom he praised for the latters excellent achievements after he let him handle AGSB 5 years ago.
Dr Alran Bengzon, the ex VP of Ateneo Professional School was sent on retirement (he must be 70 well past the retirement age) He said a valedictory address for Dean Albert for the wonderful job he as protege done for AGSB. From a train station to a superb No. 1 GSB of choice in the country.
A video, a production was made in honor of the former Dean of AGSB
Last August 7, after praising Dean Albert, he said he must say his final goodbye (having retired?)
He started in l993 20 years ago and he started talking to the faculty then, and asked the simple question: what is so Ateneo about AGSB. And through the years, that must be answered in the conference as we look ourselves in the mirror and try to clarify the answer to that question.
He cited the 3 themes prior to 2009 l50th year celebration of Ateneo in the country:
2007 - Celebrating Excellence - Development of Person; of man for others
2008 - Deepening spirituality - relationship of man to God, of man to things, and man to others
2009 - Nation Building - AGSB of the all the units was the first to say that " Our country is our business.
He says that the lives by the AAC:
Accountability - what is your job? Have you delivered value according to the dictates of your job? What have you done according to the objectives of the job and the vision and the mission of the organization
Audacity - courage. Do you have candor? If you lack candor, if you fail to properly assess evaluate your boss, your subordinate and peer, if you continue to fool one another, then your giftedness would not translate into action ---->> achievement. This stand is similar to that of Andrew Grove where he encourages debate and confrontation in communication. tsk tsk This is difficult. You cant afford to draw the ire, the flak from your boss. They take candor personally. Is this the Filipino way? But I understand, even in Western countries, they lack candor in their evaluation or relationship. That is why we see increasing decay in performance. Much of the malaise in US economy is the inability to address the growing lack of productivity of workers (they have become leisure vacation oriented and lack the work habits to excel, ie, have become lousy and lazy)
Only when you have accountability, and audacity can you have community
Do you agree with the Bengzon style?
Doctah Bengzon style at You Tube
Two years after August 2011, US debt reached its limit - a new law has to be passed.
Treasury's Lew: Congress Needs to Pass Debt Limit
Two years ago in July 2011, this was the hot topic of US professors (many of them Fil Ams) regarding the debt limit. A new law has to be passed to allow the US treasury to borrow more to pay: wages of Fed employees, social welfare checks, the food stamps, and interest on T Notes and other borrowings. Without the new authority to borrow, US would default and the US debt would be downgraded and borrowing costs would shoot up sending the US/Treasury into a vicious upward spiral of spiking costs.
The stalemate and the last minute passage of the law was completed just in time when US had no money its treasury (Apple had 80 billion dollars at that time and some were suggesting to borrow from Apple). It cost US a downgrade.
Of course, China and the rest of the world finances the US deficit.
What is interesting in the world trade is the flow of capital. US would continue to attract more capital inflows to finance its debt because the world continues to see US as safe haven for investment and as center for entrepreneurship - of innovation and new products. No country comes close. That is why even with predictions of coming hyper inflation due to large dollars in the financial market, the forthcoming dumping of US dollars in world trade, US dollar is still the currency of choice in world trade and as reserve of Central Banks. Would Euro be the better currency?
How about the undervalued Chinese yuan? (There are fears that China may bring hyperinflation and/or deflation to the world. Right now, the Chinese economy is sputtering and may come to a halt
What is the alternative currency?
But many Chinese I talked to believe, despite their country's huge exposure in US T notes/currency, believe US cant rise from its current sinkhole.
Can US or cant it? What do you think?
6 ways Google Glass can supercharge your workflow...
There are several tips from Thriving Business that can turbo/supercharge your business.. The blogfeeds cover collection, using Google Glass technology, discussion about Samsung being better than Apple, mobile innovations, audacious companies, killer marketing campaigns
--
Jorge U. Saguinsin
To "be the best, do your best, expect the best" always
---------- Forwarded message ----------
From: Thriving Business <newsletter@thrivingbusiness.com>
Date: Mon, Jul 29, 2013 at 1:30 AM
Subject: 6 ways Google Glass can supercharge your workflow...
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From: Thriving Business <newsletter@thrivingbusiness.com>
Date: Mon, Jul 29, 2013 at 1:30 AM
Subject: 6 ways Google Glass can supercharge your workflow...
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Jorge U. Saguinsin
To "be the best, do your best, expect the best" always
Matrix management - does it work?
Ateneo Professor on Entrepreneurship | August 9, 2013
Ever since Andrew Grove talked about High Output Management on dual plane reporting, many were enamored with matrix management (or after the movie on Matrix came out? They are contemporary ideas)
What is matrix anyway or dual plane reporting? It means that a subordinate has two bosses: the line (his direct superior) and his functional boss (say Customer Service or marketing) He has to report to the function/profession in the organization. This is supposed to enrich his knowledge along functional lines: he attends meetings and updates of his function/profession. It makes sense doesn't it? It makes for greater productivity and speed of learning.
However, it has its downside: it slows down decision making. Two sign offs are needed for a project/approval and if the proposal needs to be repeated twice with the two bosses and the process goes on and on. Now I understand why in P & G, the brandman who wants to propose changes in the product, marketing or promotions strategy addresses directly the president. The President of the company takes care of the rest.
Now imagine if there are 3 or more matrices: say geographical, or market segment matrix.
I understand that in the educational institutions, individuals attend several committees and councils and much work is done in the areas of meeting and more meetings. And nothing ever gets done.
I overhead the dean of the GSB make the comment on matrix management - it does not work.
For me, it is anti entrepreneurial. We have heard before that talent and quality of management does not make for differentiation this days - speed to the market is the competitive advantage
Ever since Andrew Grove talked about High Output Management on dual plane reporting, many were enamored with matrix management (or after the movie on Matrix came out? They are contemporary ideas)
What is matrix anyway or dual plane reporting? It means that a subordinate has two bosses: the line (his direct superior) and his functional boss (say Customer Service or marketing) He has to report to the function/profession in the organization. This is supposed to enrich his knowledge along functional lines: he attends meetings and updates of his function/profession. It makes sense doesn't it? It makes for greater productivity and speed of learning.
However, it has its downside: it slows down decision making. Two sign offs are needed for a project/approval and if the proposal needs to be repeated twice with the two bosses and the process goes on and on. Now I understand why in P & G, the brandman who wants to propose changes in the product, marketing or promotions strategy addresses directly the president. The President of the company takes care of the rest.
Now imagine if there are 3 or more matrices: say geographical, or market segment matrix.
I understand that in the educational institutions, individuals attend several committees and councils and much work is done in the areas of meeting and more meetings. And nothing ever gets done.
I overhead the dean of the GSB make the comment on matrix management - it does not work.
For me, it is anti entrepreneurial. We have heard before that talent and quality of management does not make for differentiation this days - speed to the market is the competitive advantage
Ateneo GSB faculty conference at Crimson Hotel August 6 to 9, 2013
Ateneo Professor on Entrepreneurship
On the 20th year after Alran Bengzon was appointed by Fr. Ben to head the AGSB, (and at the same time given the title of VP for Professional Schools) Dr. Bengzon praised Dean Albert Buenviaje for the upward trajectory that AGSB has taken after he left the reins to Dean Albert. He started out rebuilding the GSB by asking the question "What is so Ateneo, so A about Ateneo GSB)
In the morning of August 7, 2013, Fr. Pierre SJ, a Frenchman discussed "Change in Ignatian Time" and made Pope Francis as an example (however many doubt how Pope Francis can really handle the stubborn elephant of curia when he comes home from Brazil World Youth Day celebration. The idea is to remind the faculty and staff to embrace change.
And there is a lot of change that is going to happen:
Dean Albert is resigning by March 2014.
Dr. Alran has been retired and is replaced by Dr. Tonette Angeles. VP Angeles wants to push the borders of AGSB: about the ASEAN integration, internationalization, .
The new dean is going to be Dr Rudy Ang who heads SOM
The President Fr. Jett Villarin wants sharing of resources: faculty, teaching resources etc between AGSB and Loyola; however he was a little tentative on the question and answer portion.
The question and answer portion, with Pres Jett, and VP Tonette I hope did much to remove the apprehension of many old faculty and professionals who cant do research
The strategic plan in an effort ot comply with AAGSBI did not incoporate the differentiation the USP of Ateneo, and the new directions of VP for APS
Dr. Bengzon makes a short comment on Change and Dean Alberts Sona (it took him one hour) Bengzon style
Fr Jett, President of Ateneo, addresses the GSB faculty and admin?
Dr. Bengzon and his protege Dean Albert seating together after his short speech
Pres and VP hour: there were comments about the elephant, the beast, and getting married and divorce
Dean Albert opens the conference.
Fr Pierre on change
The swimming pool beside the hotel lobby
On the 20th year after Alran Bengzon was appointed by Fr. Ben to head the AGSB, (and at the same time given the title of VP for Professional Schools) Dr. Bengzon praised Dean Albert Buenviaje for the upward trajectory that AGSB has taken after he left the reins to Dean Albert. He started out rebuilding the GSB by asking the question "What is so Ateneo, so A about Ateneo GSB)
In the morning of August 7, 2013, Fr. Pierre SJ, a Frenchman discussed "Change in Ignatian Time" and made Pope Francis as an example (however many doubt how Pope Francis can really handle the stubborn elephant of curia when he comes home from Brazil World Youth Day celebration. The idea is to remind the faculty and staff to embrace change.
And there is a lot of change that is going to happen:
Dean Albert is resigning by March 2014.
Dr. Alran has been retired and is replaced by Dr. Tonette Angeles. VP Angeles wants to push the borders of AGSB: about the ASEAN integration, internationalization, .
The new dean is going to be Dr Rudy Ang who heads SOM
The President Fr. Jett Villarin wants sharing of resources: faculty, teaching resources etc between AGSB and Loyola; however he was a little tentative on the question and answer portion.
The question and answer portion, with Pres Jett, and VP Tonette I hope did much to remove the apprehension of many old faculty and professionals who cant do research
The strategic plan in an effort ot comply with AAGSBI did not incoporate the differentiation the USP of Ateneo, and the new directions of VP for APS
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