Sunday, December 18, 2016

Did the business school have better outcomes with new processes/procedures?

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
December 18, 2016

I have not been teaching for the last several months because of my inability to comply with the 7 days deadline for the submission of grades after the end of sem;  and rightly so.  Some erring profs were sent memo for their insubordination even those who were on foreign travels.

It is just a big disappointment too that 2 years ago in  faculty conference in Alabang, the incoming leaders were asked as to what was the elephant in the room -  (every one anticipated that the Loyola people would replace the current staff) and the managers were silent and non committal.  Today  they are doing just that - to replace the current faculty with doctorate and academicians.

I asked the current faculty, the chair of the panel which I attended (I braved the horrendous traffic just to attend to this chore, to honor the panel and the students defending their strama) said that as a whole the school is doing well but not the GSB.  Enrollment is down, the good professors have joined the rival schools.   DLS has moved to BGC;  what is the move of the school?  (Nawala strama for the grand moves/strategy to be competitive;   baka irrelevant ang mga new policies, nitty pricky or rubbed the ertswhile strength of the GSB - the professional at work profs  (whom I understand are happy with their consultancy work or businesses)

Saturday, November 12, 2016

Facilitation for a food company's strategic planning for the next five years

Every generation needs a revolution - an entrepreneurial revolution


                    The facilitator together with the President
              center and the members of the family, the board
              members at the atrium of the hotel for the final
             session,  The facilitator still wears the signature I AM
             BEST  t shirt which the theme of the conference


We just concluded a strategic planning conference in a posh hotel at Camp John Hay amidst pledges and grand dreams:

The food company which is all ready amongst top 5 in the industry resolved to double its sales in five years (until 2021) via following strategy:

1.  entering Vismin market
2.  establishing a canning line of products
3.  establishing a brand management group to support sales to plan promotions and ads
4.  investment in automated plant facilities to be more efficient and save operating expenses\
5.  quality products

These are all meant to benchmark the strategies of the top food company and score higher in cpm critical success factors.  This author tried to explain very hard that being one of the top 4 being almost there, what separates them from the top are areas where they score low.  They were asked objectively if they score high in all.  And only in 4 out of 10.

I pray that my efforts and the resources expenses are resources well spent and are investments rather than expenses (became useless)   Its good that the board who joined the conference are seeing it that way.  It was explained by the new brand chief that its should be treated that way especially that the top notcher in the field has the strategy of continuously "investing  in brand equity."

Final closing session  (Day 2)


                         The story of the  carabao keeping
                              pace with the rabbit


                                   Together with the Best staff


Saturday, November 5, 2016

Some stories on strategic plan - common weakness is financials

Every generation needs a revolution - an entrepreneurial revolution

Makati City
November 5, 2016

Today despite eye problem, I attended a strama defense that involved 3 MBA candidates.  The first one breezed through her presentation because she is COO, an EA to her father who heads the company.  The study was about a local company making refrigeration equipment for f and  b firms.   However, despite the planned doubling of sales, the resources needed to attain the objective were not detailed.  The additional expenses and wages were missed out.

The second one which dealt with sale of Chinese trucks, mentioned the weak financial position of the company.   (The industry and the PTM was not clear.)   However he failed to address this issue at the strategy portion.   The company has huge liability, a loan payable (which was converted from advances of parent company.)

 The third one which was about a real estate company, had all the competitive analysis and external analysis all about real estate operations ie land banking, development and selling of lots and house and lot package  However the financials pertained to a construction company, (contract income (there were no inventories, contract receivable.  The competitors had these data in their FS obtained from SEC.  The sales achievement of the company was not very clear too.

More critical thinking and fs literacy needed by  MBA candidates