The AGSB Advantage
Mr Loreto Soriano a CEO of a recruitment firm foresees decline in OFW remittances despite the robust remittances last year. And therefore the government and its economic planners should adjust and prepare for this downturn.
The turmoils in Middle East and Africa, disaster in Japan, financial crisis and woes in Europe and US spells gloom for foreign employment. There is perceptible trend in the decline of OFW hiring
l. What will be the new business for foreign worker recruiters?
2. What will the OFW do? Shall we train them for entreprenurship?
3. Is this opportunity for domestic employers.?
4. What are the problems?
Link: pinoyabroad/labor-recruiter-sees-decline-in-ofw-deployment-remittances
Showing posts with label OFW. Show all posts
Showing posts with label OFW. Show all posts
Tuesday, February 7, 2012
Tuesday, January 24, 2012
Joanas Grill - Built from Scraps
An Ateneo Graduate School of Business Advantage
Engr Jonathan Diaz whose parents are from La Union, and who currently lives in Bauan Batangas, started his grille business in a 45 sm garage in his parents house in Bauan. It is out of the way and inside a subdivision on the way to Mabini. However, he was able to attract a following from his friends former officemates. He has such a good PR and most of the divers who pass by for their dives in Mabini come back again and again.
He said it is mostly built from scraps. It made from capiz and wood of houses that were demolished and auctioned off. That is why his business model is profitable: he does not pay much for the rent and does not have large cap ex to be amortized.
He is an electrical engineer and worked before with A G & P where his father worked (his father died last year) then transferred to Petrochem plant of JG. At one point in time he wanted to leave because his co workers were leaving. However, since he is a superintendent he found it difficult to be be processed while employed. So he thought of resigning first before applying. He made a lame excuse of going on a cooking venture. So he was allowed instead to go on an extended leave.
And lo and behold, hordes flocked to his garage grill. His specialty was baby backribs. Crowds from say PSB just drove to his place; scribes and celebrity visited his place. He was even featured at Philippine Daily Inquirer.
His experience and lessons:
1. It is difficult to have a daytime job and have an enterrpise at night. You are get none or little sleep.
2. He feels his greatest contribution is giving jobs to the jobless even those who are high school graduates.
3. He knows this business, because he used to bake carrot and cheese cake while studying and did this for a sideline.
4. Many of the things have to be done by him personally. He finds it difficult to delegate because the process takes a long time, there is lack of passion and customers behave differently before the owner.
5. He becomes a sort of a celebrity. People want to be photographed with him or be with them on occasion.
6. There are 4 offers for franchising and studying it very well. He will have to set up commissary for his speciality.
7. When he had the Batangas branch, the challenge for him was the supply of baby backribs. He had to close for a day, because his supply could not cope up.
8. He uses production lingo, checklist among his staff. There is a regular monthly meeting, 5s and other things we use in factories
Paul, Jonathan, and ProfJorge
Engr Jonathan Diaz whose parents are from La Union, and who currently lives in Bauan Batangas, started his grille business in a 45 sm garage in his parents house in Bauan. It is out of the way and inside a subdivision on the way to Mabini. However, he was able to attract a following from his friends former officemates. He has such a good PR and most of the divers who pass by for their dives in Mabini come back again and again.
He said it is mostly built from scraps. It made from capiz and wood of houses that were demolished and auctioned off. That is why his business model is profitable: he does not pay much for the rent and does not have large cap ex to be amortized.
He is an electrical engineer and worked before with A G & P where his father worked (his father died last year) then transferred to Petrochem plant of JG. At one point in time he wanted to leave because his co workers were leaving. However, since he is a superintendent he found it difficult to be be processed while employed. So he thought of resigning first before applying. He made a lame excuse of going on a cooking venture. So he was allowed instead to go on an extended leave.
And lo and behold, hordes flocked to his garage grill. His specialty was baby backribs. Crowds from say PSB just drove to his place; scribes and celebrity visited his place. He was even featured at Philippine Daily Inquirer.
His experience and lessons:
1. It is difficult to have a daytime job and have an enterrpise at night. You are get none or little sleep.
2. He feels his greatest contribution is giving jobs to the jobless even those who are high school graduates.
3. He knows this business, because he used to bake carrot and cheese cake while studying and did this for a sideline.
4. Many of the things have to be done by him personally. He finds it difficult to delegate because the process takes a long time, there is lack of passion and customers behave differently before the owner.
5. He becomes a sort of a celebrity. People want to be photographed with him or be with them on occasion.
6. There are 4 offers for franchising and studying it very well. He will have to set up commissary for his speciality.
7. When he had the Batangas branch, the challenge for him was the supply of baby backribs. He had to close for a day, because his supply could not cope up.
8. He uses production lingo, checklist among his staff. There is a regular monthly meeting, 5s and other things we use in factories
Wednesday, November 16, 2011
OFWs are Philippines Resources, they prop up Philppine Economy
Our generation needs an ENTREPRENEURIAL REVOLUTION.
News has it this morning that total OFW remittances for the first 9 months totalled $l4.76 billion; the total is expected to be more than $20 billion, more than $l8.00 billion last year. Thats a whopping almost trillion addition to our economy fueling consumption retail sales, sale of houses, travel, tourism etc.
This has made our dollar reserves robust, made us survive many crisis, made up for loss of manufacturing and low agricultural productivity. And all of these came from high population growth? Guys in the public sector, shall you continue crusade for the RH bill.
While in tourist destination last week I happened to watch a debate on TV regarding granting/not granting residency status to domestic helpers. The protagonists were certain Dr Pan in the Legislative Council and a certain Emman a Filipino representing domestics in that area. And what was disturbing was the comment why would residency be given to such workers who in the first place can not be given decent livelihood in the Philippines? Well some of them were teachers, and had jobs and were lured by high paying jobs, because their workers would lose more if they would do domestic work. The domestics were paid dearly, otherwise, they would not be motivated to work for them. They are there because the residents need domestic helpers - badly badly.
Without the OFW, we would be in crisis. The OFWs industry survived and flourished because we are talented and courteous people; the world needs Filipinos, and we have the fertility and the population to suplly workers to ZPG or grey haired populated areas.
News has it this morning that total OFW remittances for the first 9 months totalled $l4.76 billion; the total is expected to be more than $20 billion, more than $l8.00 billion last year. Thats a whopping almost trillion addition to our economy fueling consumption retail sales, sale of houses, travel, tourism etc.
This has made our dollar reserves robust, made us survive many crisis, made up for loss of manufacturing and low agricultural productivity. And all of these came from high population growth? Guys in the public sector, shall you continue crusade for the RH bill.
While in tourist destination last week I happened to watch a debate on TV regarding granting/not granting residency status to domestic helpers. The protagonists were certain Dr Pan in the Legislative Council and a certain Emman a Filipino representing domestics in that area. And what was disturbing was the comment why would residency be given to such workers who in the first place can not be given decent livelihood in the Philippines? Well some of them were teachers, and had jobs and were lured by high paying jobs, because their workers would lose more if they would do domestic work. The domestics were paid dearly, otherwise, they would not be motivated to work for them. They are there because the residents need domestic helpers - badly badly.
Without the OFW, we would be in crisis. The OFWs industry survived and flourished because we are talented and courteous people; the world needs Filipinos, and we have the fertility and the population to suplly workers to ZPG or grey haired populated areas.
Subscribe to:
Comments (Atom)