Mushrooms and my Caucasian customer

Posted by watchmen
November 22, 2019
Posted in OPINION

“Addiction is a tough illness, and recovery from it is a hard but noble path. Men and women who walk that path deserve our support, encouragement, and admiration.” –Rhode Island Senator Sheldon Whitehouse I remember, while serving in a restaurant in Boracay back in the 1980s, two Caucasian customers, who were regulars, would always request …

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PECO vs. the world

Posted by watchmen
November 21, 2019
Posted in OPINION

“No matter how many people you know, it will always be yourself against the world.” –Victoria Dawn Monks At the rate the Panay Electric Company (PECO) is being bamboozled by adversaries over the past few weeks, it will not be a surprise if lizards and mosquitoes soon mount a rebellion against the controversial Iloilo City …

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Family unity is critical for business continuity

Posted by watchmen
November 19, 2019
Posted in OPINION

Succession is a great challenge to the continuity of the family business. This is due to the fact that close family ties and overlapping management and ownership interests often make objective decisions difficult. Poor or no succession initiatives can disrupt the family enterprise and fundamentally impact business continuity and planning in many ways. Whether it …

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Property developer sees profits soar

Posted by watchmen
November 16, 2019
Posted in OPINION

Following developments in Bacolod City, Boracay, Mactan, and a slew of other locations across the country, property developer, the Megaworld Corporation, is seeing unprecedented growth. The company recorded a net income of P14 billion in the first three quarters of this year, which reflects a 17 percent jump. Notably, before the last quarter, the company …

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Family unity is critical for business continuity

Posted by watchmen
November 14, 2019
Posted in OPINION

Succession is a great challenge to the continuity of the family business. This is due to the fact that close family ties and overlapping management and ownership interests often make objective decisions difficult. Poor or no succession initiatives can disrupt the family enterprise and fundamentally impact business continuity and planning in many ways. Whether it …

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John Gokongwei, Jr.’s love for Iloilo

Posted by watchmen
November 14, 2019
Posted in OPINION

“Many people dream about being an entrepreneur, stating their own business, working for themselves, and living the good life. Very few, however, will actually take the plunge and put everything they’ve got into being their own boss.” –Fabrizio Moreira Late billionaire John Gokongwei, Jr. must have loved Iloilo so much since he built three Robinsons …

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The days of evil are upon us

Posted by watchmen
November 13, 2019
Posted in OPINION

“…Therefore everyone who hears these words of mine and puts them into practice is like a wise man who built his house on the rock…” –Matthew 7:24-25 According to 2 Timothy 3:1-3, the time is when wickedness is abound is fast approaching; “Where people will be lovers of themselves, without love (for other men), not …

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Family Code of Conduct: The missing link

Posted by watchmen
November 12, 2019
Posted in OPINION

Business is an extension of the family and its successful growth comes at a cost. As the enterprise grows in size and scale, it becomes increasingly hard for the leader to manage the business. Predictably, when the company reaches this phase, we can expect internal struggles among the children, conflicts and challenges resulting from the …

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Compare your business to Kongo Gumi

Posted by watchmen
November 11, 2019
Posted in OPINION

For 1,400 years, Kongo Gumi was a successful Japanese company involved with the construction of spectacular Buddhist temples. Until its fall in 2006, it was the world’s oldest continuously operating family business, surviving 14 centuries of political upheavals, economic crises, and world wars. Over the centuries, Kongo Gumi constructed hundreds of Buddhist temples and buildings, including …

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