Some execs will remain as second in command and cant be strategists nor business owners

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
March 26, 2017


Some execs will remain as second in command and cant be strategists nor business owners/entrepreneurs.  Thats what the chairman of a large business told me.  He told me of  former senior officer he just got to run an operation.  From the way it looks, they are engaged in a constant debate or struggle, about the direction the business is to take.

How could that be.?"

Until I talked to the guy. He was sort of mayabang and kept on harping about his achievement. But take note that his former company closed in a big and embarrassing way and even boasted how he sold off some of the assets (for which he got some handsome commission). Despite his brilliance though, he cant see the big picture and aping the words of his chairman, which he could not fathom well.

I also observe my fellow panelists and their questions are shallow and often focus on the form (the scoring the matching of scores of this table with that table) and are not in depth analysis of the strama defense which must be searching, focusing on the critical thinking of the MBA candidate.

At the end of the day, and this is the defect of the course, the students come out with generic strategy that are more of the same, less of the same, that merely perpetuates administer the existing business, and in the strictest sense of the word, not really brilliant, strategic or game changing.

Some are country managers of multinationals. But their thinking is really that of subordinate who must report to a superior abroad.  

PREPREHO.

Strama defects - most writers can not connect FS and analysis, and strategy

Every generation needs a revolution - an entrepreneurial revolution

I was in 2 strama sessions this week:  one in the medical school last Tuesday, and yesterday at AGSB

I have seen this time and time again, students committing the same mistake, out of inexperience or lack of skills in financial. (as most do) It is only after 20 years of MBA that I learned the value of FS.

Thus the student will propose a plant or improvement, it no changes in FFE, in Balance sheet and cash flow, and no interest expense in P and L.  They all come together.  I

If they understand that strategy is about choice of resources and processes to reach an objectives, or a story of where am I now, where am I going, how do I get there, then they should see the totality of their work and connect, even the FS to their story

I met my former marketing professor at AGSB, former Administrator of SBMA, and now of Holy Land

Every generation needs a revolution - an entrepreneurial revolution



Rizal Philippines
March 14,, 2017

                                       Prof Jorge, Administrator Robert Garcia, and our business partner


Today, my business partner in Laguna, his son, and my daughter who is part of the management team went to Holy Land  at SBMA (near the entrance of Subic Freeport along Tipo Highway in Front of Seal oil station) this morning.

There I met my former professor in marketing at AGSB some 30 years ago (at H de la Costa) who just resigned from his post as SBMA administrator.  He used to be exec at RamCar group (the Petines family business)   He turned around SBMA from a net loss, to  a profitable one, restructuring its debt together with Joven Reyes, the CFO and COO (former AGSB classmate;  he was our class valedictorian)

His wife Maribi's passion is running and getting finances for the Holy Land, a religious shrine that features way of the cross, Jesus Christ life, and many more.  She is Jesuit bred and understands a lot about Jesuit reflection  We were drawing inspiration for inspiration for a religious shrine at our Holy Gardens Memorial Park

You should visit it this Holy Week.   You will enjoy its attractiona and the entrance fee is low.  A great way to observe Lent

                              I looked older than the Chairman who plays golf always

                          The Administrator's wife Maribi Garcia and the master planner Arch Florentino