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Tuesday, November 20, 2012

When things do not work out right

I met some former entrep students and were complaining about the on line enrollment.

It seems they could not get the professor of their choice. (They would like to get the not so terror prof for Strama) on line.  So they went to the campus and the concerned office.

They were requesting my help.  I could not do much because these were brought up before and we spend so much resources annually to get the acts together in a faculty out of town conference.

This has been a perennial complaint in NU 12 and something must be done now to correct this - soon?

New expertise - strategic planning?

Lately I have been getting endorsements for strategic planning.  It would seem odd since the subject I teach is entreprneurship.

However you will note that strategy is nothing more than achieving your goals/objectives with available resources, selecting a set of activities.

In entrepreneurship, the entrepreneur achieves his goal with nary resources and dearth of knowledge. (but plenty of sweat and ingenuity)   What could be more strategic than that.

I would welcome this new endorsement from a popular social media for professionals/

I have been getting emails too to be a facilitator in strategic planning

New Teaching Assignments

I will soon be teaching a new batch of entrepreneurship students at AGSB:   @Tuesday at de la Costa campus beginning November 27. 2012 and @Saturday pm for MBAH students (MDs wow this will be challenging) beginning Dec. 1, 2012

However, for the period November 25 to Dec l,  I will be joining the family on a   r and r trip.  I will have to miss the first session.

Monday, November 19, 2012

Be shameless

This was the admonition of Atty Gerona in his entrep talk in the last day of the class.

I talked to former businessmen and entrepreneurs who did well before and now impoverished.  And I asked them why they are not making  comeback (it happenned to me when we divided our inheritance and the majority of sibling invoked a provision of the law which enabled them to exclude me in the corporation).

And their reason (and my reason):   they are ashamed.

The key to start up and not making this:  to be shameless

Land of "Higantes" (Giants)

Yesterday, we had a parade of Higantes in Angono.

Many look at this as artistic event.  I have different take on this.

Being a giant means being an exceptional individual, being a no limit person,  being the uncommon man.  People look for the uncommon man.  We look up to the hero or a leader, who is an uncommon man, unusual.  They are  10 ft tall and stand above the rest.

You could be 5 ft tall only, but your influence and achievement cast a  long shadow over the lands.

Are you that kind of person?

l.  In Starbucks, they have the 5th rule for their employees:  "Legacy. " Have you made a legacy

2.  For the pencil parable, it says "Leave your mark."

Are you a giant?

Thursday, November 15, 2012

The university must practice what it preaches

In many of the NU 12 ideas of the students on how the school is being run, the following comes out regularly:

l.  The P200.00 fine for ids left at home.  In the age of QR codes and Iphone, this is unacceptable to many students;

2.  The toilet facilities;

3.  The parking fee (it should be free)  (Why not include in the tuition)

4.  The unreliable on line enrollment;

5.  No one intranet system in the school

I also noticed that when I complained on a physical plant item (a leaking flush as it wastes water) nothing came out of it.

The university management must practice good management because it is a school of management.

University education - innovator or follower?

I am a practitioner who was made a visiting, adjunct professor in a leading business school in the PHL 


However, I am amazed at  the age of the curriculum and/or syllabus.  Some are circa 80s and when we submitted new syllabi, they were rejected.  Several proposals for new course were asked but nothing came out of them.  Maybe they are not popular, no takers, so no use introducing or wasting resources.  But all new products undergo growth or birthing pains or even failures.  How can the university be a leading edge if it lacks courage to innovate?

But knowledge and practice do change and evolve for the better.  If we are left behind?

Says Warren Buffet, " If the rate of change outside exceeds the rate of change inside, the end is in sight"

In the business school, the predominant thought is still the competitive advantage of  business by Michael Porter.  But Michael Porter shifted all ready to CSV and coopetition.

Or Strategy.  But the business model by Alex Osterwalder is the dominant thinking now.   And maybe the school is slow to adapt.

We are teaching entrepreneurship and innovation is the key to survival and must be taught to colleagues and its leadership?  For it to be dominant in the industry?

This post may get me into trouble?

Saturday, November 10, 2012

Factors Paper by J Orbeta

Resending..
ORBETA, JENNIFER IVY M.                                                                       PROF. JORGE SAGUINSIN
ENTREP – S                                                                                      30 JULY 2012

            I have realized recently that for the past 9 years of my life, I have been living in a rat race. I am wandering in a world where I get orders and obey as expected.  I am trained to accept anything that corporate geniuses tell me. In short, my whole life and future depends on others.
I took this elective because I have this overwhelming desire for learning entrepreneurship. And I think that is one of most important trait of an entrepreneur which is to have a big appetite for learning anything and everything, taking a challenge head-on  and working on it relentlessly. I am also a self-starter. I know that if something needs to be done, I should start it myself. I do not wait for permission and approval. When I see an opportunity, I always take the first step. Maybe this is the reason why I don't always see eye to eye with my supervisors. I believe that opportunity should always be given first priority.
Another trait of entrepreneur that I possess is that I do not fear failure and rejection. And more importantly, I do not fear the unknown. I am not afraid to take the first dive and enjoy the first plunge. My grandparents, parents, uncles, aunts, siblings and cousins (including me) enjoy the benefits of having a regular job with a monthly salary. When family conversations end up to topics like crossing the bridge from employee to entrepreneur, they show signs of uneasiness and anxiety. This is because none of them have tried crossing the bridge. They feel so comfortable with their good-paying jobs for so many years that they fear taking risks. They forget how to respond to failure because they are used to jobs where risks are toned down by frequent check and balance. Being the risk-taker in the family, I am the first to venture in a business. So I would like to believe that I have the entrepreneur trait of being a risk-taker when I find opportunities.
            Another valuable trait of an entrepreneur that I think I have is DRIVE. My drive is strong enough to maintain my motivation to succeed. Running a business can bring you excitement but it can also wear you down. Having to carry all the responsibilities of a new business in your own shoulders can eventually burn out the flame of interest and thrill. This is the reason why an entrepreneur needs strong motivation and drive to endure and survive the slowdown. Drive also means having the emotional stability, sociability, consideration and tactfulness.
I also have a strong work ethic. I worked a lot of hours, even spending weekends just to mingle with clients. A lot of times, I get home after everybody was asleep. I yearn for contribution. I think it is important for entrepreneurs to have this kind of trait in order to succeed. An entrepreneur needs to be in the game all the time, taking responsibility of his own future and the future of his subordinates. 3


Learning agreement - J Orbeta


RESENDING..

---
Personal Data  -  Learning Agreement                                                                                                
 
Student Data                                                                    
                                                                                                                  Date: July 29, 2012
 
Name:  JENNIFER IVY M ORBETA    Cell Phone No. 0917 8673390   Email: jenorbeta05@yahoo.com
 
Business Address:  66 UNITED ST. MANDALUYONG   Current Position: PRODUCT PROMOTIONS ASSOCIATE
 
Residence Address: UNIT 528-B BUILDING 8, FIELD RESIDENCES, SAN DIONISIO PARANAQUE CITY
 
Educational Attainment:
                                                     School                        Year                            Course              Honors
 
Post Graduate             AGSB                                      2013                  MBA-Standard    
 
Undergraduate            UST                                            2003             AB Comm Arts          
                                                                                                         Cum Laude
 
Special Skills:             Dancing, Make-Up Application
 
Hobbies:                      Travelling, Beauty and Bridal and High Fashion Make-Up, Cooking, Reading
 
Work Experience
 
Company                                Position/Responsibility                Period                     Achievement
 
UNILAB    Product Promotions Associate           2007-present     Top Outstanding Performer (TOPs-2009)
Diethelm Keller  Medical Information Specialist   2003-2007         MIS of the Year-Phil & Asia (2005)
 
Business / Enterprise Experience: _____Pharmaceutical and Food_________________________________________________
 
Business Plan Topic in Mind: Events Planning, Food, Beauty Care, Nail Salon   
 
 
1.  Notable Achievement/s.
_____________________________________________________________________________________
_________________________________Unilab Top Outstanding Performer Awardee ____________________________________________________Achieved MIS of the Year both in the Philippines and Asian Region
_____________________________________________________________________________________
 
2.  Failures (if any?)
___________Food Cart Business __________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
 
3.  Dark secrets, if any:
___________I secretly love to sing but :)_________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
 
 
 
4.  SELF ANALYSIS (WHERE AM I NOW?) (Related to Entrepreneurship)
 
                                    STRENGTHS                                                             WEAKNESSES
 
HABITS           ___________Passionate, Hardworking,                            Delegation                    Resilient______________________      ________________________________
                        _________________________________      ________________________________                                            _________________________________      ________________________________
                        _________________________________      ________________________________
 
ATTITUDE      _positive thinker,                                           impatient                                          Integrity________________________________     ________________________________                                            _________________________________     ________________________________
                         _________________________________     ________________________________                                            _________________________________     ________________________________       
 
SKILLS            __People and Communication                             Planning skills  Skills_______________________________     ________________________________
                         _________________________________     ________________________________
 _________________________________     ________________________________
 
KNOWLEDGE __Competing and Winning________                  Managing Change_________
                         _________________________________     ________________________________
                         _________________________________     ________________________________                                            _________________________________     ________________________________
           
 
5.  WHERE AM I GOING?
 
a. Personal Vision Statement:  To be the first and the best entrepreneur in the family.
 
b. Personal Mission Statement:
* To own and successfully manage businesses and enterprises specializing in areas of food, events, beauty and healthcare.
 
 
 
c. Desired Material Reward  for the next 5 years
* 3 condo units for rent at least 15,000 per month/unit
* 1 vehicle
* Own a house and lot in 5 years
 
                                    WHAT                            HOW TO GET THERE                   WHO WILL HELP
(position/ annual salary,                                                                          YOU GETTHERE?
perks, cars, house/ wealth)
 
 Year 1           condo     stock investments, business, trading, buy and sell               Stock mentors, family
 Year  2          condo      stock investments, business, trading, buy and sell               Stock mentors, family
 
 Year 3          condo/establishment         stock investments, business, trading, buy and sell               Stock mentors, family
 
Year 4   condo   stock investments, business, trading, buy and sell               Stock mentors, family
 
Year 5   condo/ establishment/car           stock investments, business, trading, buy and sell               Stock mentors, family
 
 
 
 
6.  What will be the value if any of the subject, to your profession?
This elective is very important because I am planning to start a business with my AGSB classmates after we finish our MBA.
 
 
 
8.  What grade do you expect?  I hope and pray to get a 4.0. J wishful thinking
 
9.  How will you get the grade that you expect?  Come to class on time, participate in the discussion, and submit all requirements and submit an excellent business plan.
 
 
 
              I undertake to abide by this learning agreement.
 
 
     Jennifer Ivy M Orbeta                                                             July 29, 2012
    Students Printed Name/Signature                                                     Date
 
 
HOUSE RULES


l.  Please come on time.  If you are late for more than 30 minutes, you will treat the class.  If you are late for more than l hour you are marked late.  Assignments are also to be submitted on time.


2.  Please switch your phone to silent mode.  If your phone rings, you will treat the class!  Focus   and participation is expected while in class.  Please  avoid twitting or doing your  or other social media  activity during class hours.  You may be asked to leave the class. N. B.  


3.  NU l2 and Factors Paper may be emailed to a blogspot address that shall be given in the class.  However, the learning agreement and the business plan shall be submitted in hard copy form.  For the business plan, you are enjoined to submit the required partial output so that you may be properly guided mentored on building the business plan.


4.  The powerpoint slides can be viewed/downloaded from slideshare.  You may view them ahead of time, or review them as the need arises.  The link is 
                       
http://www.slideshare.net/profjorge_entrep
 
5.  Submission of other assignments:


         l.  All special reports are to be delivered in class using powerpoint or video.  No hard copy is needed.  However, the soft copy shall be uploaded at slideshare, and the URL emailed to the professor.


           2.  All group reports shall be presented orally to the class.  All except the crimes soft copy shall be emailed to the professor. and/or sent to the professors blog.


The professors shall post at the blog acceptable assignments.  and the grade might be indicated at the blog.  If you dont see your assignment at the blog, you have to redo your assignment. Please include the following tags:  your name, entrepreneurship at Ateneo, AGSB, profjorge.entrep.
         
           3,  The final business plan is due 30 days after the end of the semester.  This is all ready an extended deadline because before business plan were submitted at the end of the quarter.  The business plan shall be submitted in hard copy.  The 4.00 paper may be left behind as examplars.  They shall be graded as 70% as to completeness and compliance to the suggested format, and 30% on the innovativeness and uniqueness of the product of the business, business model, or product or service.


               
5.  Please read the syllabus very well. As graduate students, you are mature and responsible individuals We shall designate a class secretary whose duty will be to make sure that the timelines are met, the reporters are properly scheduled.  No "akala" or questions regarding what  is written here, if missed by the student shall be entertained..


6.  Please take note that any changes in this syllabus, or non conformance to this will require approval from the authorities.


7.  In reading this, this means you have understood and will do what is required herein.
 
 
 
 

Re: Pranav Case: Abi Lacuesta


Abigail Lacuesta
Pranav Case Analysis
1.  Is the problem strategic or functional? Why?
                The Pranav case's problem is more on the strategic side. I believe that they have failed to study their market. They have failed to do a research on the location they were given and the behavior of the consumers who frequent the mall. This alone is a sure key to failure. Their location is far from the foot traffic where most of their competitors are located. Also, since they are targeting male customers, I believe that that alone is an indicator that the mall, a posh mall at that, is not a good place to put up a salon for men. If you would notice, people who mostly go to the malls are women and children to shop. Usually the men who go to mall are just there to accompany their family or buy something and leave after their errand is done. Their target market is only a small portion of the mall population. With an expensive space rent, this alone will eat up the sales they get from a small number of customers. This may also have functional problems like for example, when men go to a barbershop they expect to be attended by male staffs. Barbershops give the place a manly/masculine ambiance. You rarely see men go to a salon because it screams feminine from signage to interior. If you want men to enter your shop, then give the place a masculine ambiance, starting with the staffs.
2.  Should they split the spa and salon?
                Since, men is more frequent on availing grooming services than spa services, in my opinion, they should just focus first on the salon part and gain first loyal customers. Then if they really want to go ahead with the spa, they can offer the spa service after they have gained loyal customers.




From: Abi .. <abi_lacuesta@yahoo.com>
To: "profjorge.entrep.ateneo@blogger.com" <profjorge.entrep.ateneo@blogger.com>
Sent: Saturday, November 3, 2012 9:12 AM
Subject: Pranav Case: Abi Lacuesta

Hi Sir,

I'm not sure if you were getting my emails but here is my pranav case analysis.

Thank you!
Abi


BPO sr: Abi Lacuesta




PDQ Report: Lugaw Group2

PDQ Report: Lugaw Group 2
reported by: Group 2: SPEntrep S10 
Chua| Dagdag| Franca| Jardin| Santos




Learning Agreement- M.Dagdag


Personal Data  -  Learning Agreement
Student Data                                                                    
Date:  July 28, 2012
Name: Martino Rafael T. Dagdag
Cell Phone No:0917 8150451
Email: martydag@yahoo.com
Business Address:  Chemlux Inc. Bldg 4A CCMC Compound Western Bicutan Taguig City
 Current Position: Product Specialist
Residence Address:  8707 Diamante St. Marcelo Green Village, Paranaque City
Educational Attainment:
School
Year
Course
Honors
Post Graduate
Ateneo de Manila University
2013
MBA
Undergraduate
University of Santo Tomas
2008
BS Food Technology
Best Thesis Presentation Winner
Special Skills:
Hobbies: Photography, Drawing, Painting, Football
Work Experience
Company
Position
Responsibility
Period
Achievement
Chemlux Inc.
Product Specialist
Manage various Product lines and Improve Brand Image of Company
2010-Present
 Spearheaded ISO Certification
Coca Cola Bottlers Phil Inc.
Quality Assurance Specialist
 Ensures Product Quality Conform to Company Standards
2008-2009
Business / Enterprise Experience:
 Food Safety, cGMP, Cleaning & Sanitation Chemicals
Business Plan Topic in Mind:
Food Manufacturing, Food Service, Sports Retail or Photography and Layout services
1.  Notable Achievement/s.
Spearheaded the Parish youth concert in 2009 & 2011.
________________________________________________________________
________________________________________________________________
________________________________________________________________
2.  Failures (if any?)
________________________________________________________________
________________________________________________________________
________________________________________________________________
3.  Dark secrets, if any:
________________________________________________________________
________________________________________________________________
________________________________________________________________
4.  SELF ANALYSIS (WHERE AM I NOW?) (Related to Entrepreneurship)
Strengths
Creativity is my strength. My Creativity has expanded from art to problem solving; To developing unique ideas for marketing and business.
Weaknesses
I find it hard to say "No". I should learn to know my limits
Habits
I believe my habit being observant and attention to details make a good entrepreneur. Some people tease me of being OC or obsessive compulsive but I think that it is a way to showing customer service and better quality products
Attitude
I think I am a very ambitious person. I have high hopes and dreams. I feel very fulfilled when I reach these goals. As a result I always work hard to achieve this goals. In business, this attitude will keep me focused.
Skills
My skills in Photography and layout give me a marketing advantage.
Knowledge
My knowledge in Food Technology gives me a grasp on the industry while my MBA knowledge will help me run a business more efficiently
5.  WHERE AM I GOING?
a.    Personal Vision Statement: 
To be a happy and successful entrepreneur, employer, son, brother, friend, (and in the future: a husband and father)
b. Personal Mission Statement:
To be able to help others improve their way of life and be an instrument of God to help others feel His love.
c. Desired Material Reward for the next 5 years – SMART (Specific, Measurable, Achievable, Realistic, Time-Based)
Year
What
How to get There
Who will help you get there?
Year 1
Start my own business venture
Study buinessplan
Family and Friends
Year 2
Achieve a positive cash flow
Continuously take care of the business
Family , Friends, new employees
Year 3
Purchase new equipment needed for business operations
Study needed equipment for better operation efficiency
Family, Friends, employees
Year 4
Increase product offerings to a new line
Study further market needs and wants
Family, Friends, employees
Year 5
Trip Abroad
(To Reward myself for a good 5 years) Ensure business is profitable
Family and Friends
6.  What will be the value if any of the subject, to your profession?
The value this subject brings me is that I can apply the lessons to the family businesses and second, this can be my base to start my own business
8.  What grade do you expect?
4.0
9.  How will you get the grade that you expect? 
By participating in class discussions and  submitting all the requirements. 
              I undertake to abide by this learning agreement.
______________________________                                    ________________
    Students Printed Name/Signature                                                     Date