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Sunday, February 25, 2018

Admiration by an American Professor for culture of execution among Filipino OFWs, the shattered illusion of an American Dream

Every generation needs a revolution - an entrepreneurial revolution CULTURE OF EXECUTION AMONG OFWs:   an admiration of an American for Filipinos abroad:

Six truths about life of OFWs from BALIKBAYAD BLOG

Most Filipinos are hard working abroad and if Professor David wants something done, and done right, he calls among Filipinos to do this. If all Filipinos were to leave Middle East, no oil would flow from oil wells and the refineries.  (And yet maids are maltreated and killed in Kuwait)

The American dream is a trap.  Many Filipinos are enamored and seek life abroad only to find out that they will be perpetually in debt;  everything is acquired through debt.  Without credit card, many Americans would be poor (And it is a dangerous thing if that credit card business collapses;  it is the only thing that keeps American economy afloat)

By David H. Harwell, PhD
I am writing to thank Filipinos for the way you have treated me here, and to pass on a lesson I learned from observing the differences between your culture and mine over the years.
I am an expatriate worker. I refer to myself as an OAW, an overseas American worker, as a bad joke. The work I do involves a lot of traveling and changing locations, and I do it alone, without family. I have been in 21 countries now, not including my own. It was fun at first. Now, many years later, I am getting tired. The Philippines remains my favorite country of all, though, and I’d like to tell you why before I have to go away again.
I have lived for short periods here, traveled here, and have family and friends here. My own family of origin in the United States is like that of many Americans—not much of a family. Americans do not stay very close to their families, geographically or emotionally, and that is a major mistake. I have long been looking for a home and a family, and the Philippines is the only place I have lived where people honestly seem to understand how important their families are.
I am American and hard-headed. I am a teacher, but it takes me a long time to learn some things. But I’ve been trying, and your culture has been patient in trying to teach me.
In the countries where I’ve lived and worked, all over the Middle East and Asia, it is Filipinos who do all the work and make everything happen. When I am working in a new company abroad, I seek out the Filipino staff when I need help getting something done, and done right. Your international reputation as employees is that you work hard, don’t complain, and are very capable. If all the Filipinos were to go home from the Middle East, the world would stop. Oil is the lifeblood of the world, but without Filipinos, the oil will not come from the ground, it will not be loaded onto the ships, and the ships will not sail. The offices that make the deals and collect the payments will not even open in the morning. The schools will not have teachers, and, of course, the hospitals will have no staff.
What I have seen, that many of you have not seen, is how your family members, the ones who are overseas Filipino workers, do not tell you much about how hard their lives actually are. OFWs are very often mistreated in other countries, at work and in their personal lives. You probably have not heard much about how they do all the work but are severely underpaid, because they know that the money they are earning must be sent home to you, who depend on them. The OFWs are very strong people, perhaps the strongest I have ever seen. They have their pictures taken in front of nice shops and locations to post on Facebook so that you won’t worry about them. But every Pinoy I have ever met abroad misses his/her family very, very much.
I often pity those of you who go to America. You see pictures of their houses and cars, but not what it took to get those things. We have nice things, too many things, in America, but we take on an incredible debt to get them, and the debt is lifelong. America’s economy is based on debt. Very rarely is a house, car, nice piece of clothing, electronic appliance, and often even food, paid for. We get them with credit, and this debt will take all of our lifetime to pay. That burden is true for anyone in America—the OFWs, those who are married to Americans, and the Americans themselves.
Most of us allow the American Dream to become the American Trap. Some of you who go there make it back home, but you give up most of your lives before you do. Some of you who go there learn the very bad American habits of wanting too many things in your hands, and the result is that you live only to work, instead of working only to live. The things we own actually own us. That is the great mistake we Americans make in our lives. We live only to work, and we work only to buy more things that we don’t need. We lose our lives in the process.

Monday, February 12, 2018

Who are your best customers? Friends and relatives or strangers?

Every generation needs a revolution - an entrepreneurial revolution

According to Jack Ma founder and chair of Alibaba, the best customers are strangers.

He explains how and why:

Image result for jack ma

Image result for strangers

Rizal Philippines
February 12, 2018

This is what Jack Ma, the CEO of Alibaba has to say when we treat customers.  Who has priority: friends, relatives or Strangers.  Who are your best customers?

Why strangers:   Jack Ma explains:

Jack Ma once said, 'When Selling to close friends and family, no matter how much you're selling to them, they will always feel you're earning their money, no matter how cheap you sell to them, they still wouldn't appreciate it.'
There will always be people who do not care about your Costs, Time, Effort, they rather let other people cheat them, allowing others to earn, then supporting someone they know. Cause in their heart, they will always be thinking, 'How much did he earn from me?' instead of "How much did he SAVE/MAKE for me?"
This is a classic example of a poor person's mentality!
How did the rich people become rich? One of the main reason is because they are willing to SUPPORT their associates business, taking care of one another's interests thus naturally they get back more.
Your Friends will in turn support you, thus the circle of wealth continues to grow and grow!
Simple Logic, you will start to get rich once you understand it.
Jack Ma on Sales: 'When doing Sales, the first people who will trust you will be Strangers, Friends will be shielding against you, fair-weather friends will distance from you. Family will look down upon you.'
The day you finally succeed, paying the bill for every get-together dinner, entertainment, you will realize.  Everyone else is present except the Strangers.
Do you get the meaning of this?
We need to treat our dear Strangers better! And even more so to Friends who know what you are doing and yet still SUPPORT you!
Let us treat STRANGERS who buys from us better from today. They are your BEST customers!

Friday, January 12, 2018

Unity of direction strong leadership is essential for business success

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
January 18, 2018

Image result for unity of command principle of management

Image result for unity of command principle of management

Henry Fayol said in his one of  his principles of management "Unity of Direction  ie that the organization must take command from a center from a leader. It means that there should be only one conductor in an orchestra, one chef running the kitchen.Too many cooks spoil the broth.

I learned this lesson the hard way.  Being a good brother I followed to the letter the instruction of our parents to divide the estate equally among the 5 children. Which I did.  Not knowing that they will take control and kick me out of the board in accordance with Sec. 28 of corporation code (the  majority (2/3) of the board can kick you out without any reason whatsover

To wit:

Sec. 28. Removal of directors or trustees. - Any director or trustee of a corporation may be removed from office by a vote of the stockholders holding or representing at least two-thirds (2/3) of the outstanding capital stock, or if the corporation be a non-stock corporation, by a vote of at least two-thirds (2/3) of the members entitled to vote: Provided, That such removal shall take place either at a regular meeting of the corporation or at a special meeting called for the purpose, and in either case, after previous notice to stockholders or members of the corporation of the intention to propose such removal at the meeting. A special meeting of the stockholders or members of a corporation for the purpose of removal of directors or trustees, or any of them, must be called by the secretary on order of the president or on the written demand of the stockholders representing or holding at least a majority of the outstanding capital stock, or, if it be a non-stock corporation, on the written demand of a majority of the members entitled to vote. Should the secretary fail or refuse to call the special meeting upon such demand or fail or refuse to give the notice, or if there is no secretary, the call for the meeting may be addressed directly to the stockholders or members by any stockholder or member of the corporation signing the demand. Notice of the time and place of such meeting, as well as of the intention to propose such removal, must be given by publication or by written notice prescribed in this Code. Removal may be with or without cause: Provided, That removal without cause may not be used to deprive minority stockholders or members of the right of representation to which they may be entitled under Section 24 of this Code.

Having learned the lesson the hard way (I do not get my dividends, I cant get back my investment for some of the projects, the business is going haywire -  lose of direction, lose of focus, mistakes in decision making. Well the siblings left are old and mature enough to know what they are doing but to what extent?) I should have done the following:

     1. Should have a holding company (which I had  majority control of ) to hold stocks of subsidiary companies;    and strong corporate staff to oversee all the business. Initially we had that
    2. Always be the majority - 50% + 1, or have proxy votes signed from among others or voting trust agreement.

Democracy has no place in corporate governance.  The very term itself defines how to run a business group - to govern. Short of being a monarch or dictator.

That is the only way.   When the organization is in disarray, the end is in sight.

I know of one group - of professionals who had equal voting rights. and their only key resource is a huge  loan from a govt bank  However their weakness now is:

     1   Giving management responsibility to each stockholder, even if he/she is not lacks management
          expertise in that area;

    2.  Having job rotation in top exec position

    3.  No central control or supervisory board to supervise how other boards are doing

    Since they are equals, no one can mind and change errors of colleagues And when the mistakes pile up...

Even if there are subsidiaries, there should be strong central management, as we have one President who should be respected and followed