Benel D. Lagua

Managing uncertainty with real options

Uncertainty is the greatest risk a manager faces. Managers who make strategic decisions often view uncertainty as costly. However, uncertainty provides the greatest opportunity for creating value.

Learning from South Korea’s transformation

Our tour guide in Seoul proudly shared her experiences of traveling to at least 43 countries while expressing her deep love and pride for South Korea. She acknowledged the sacrifices of her ancestors, which played a pivotal role in shaping the country into the prosperous state it is today.

Is retiring an option?

The Economist recently published a column by Bartleby entitled “Why you should never retire.” “When this guest Bartleby entered the job market, she assumed that when the day comes, she too would be a pensioner. 

Improvements in frontline government service

Good governance is essential for development. It helps countries improve economic growth, build human capital, and strengthen social cohesion. The Worldwide Governance Indicator (WGI) features six aggregate governance indicators for over 200 countries and territories from 1996 to 2022.

Moving in the city

One of the concerns confronting economic growth in our country is the logistical cost of moving or transporting within the Metropolis.  Related to this issue is the ease of walking around the city.  Dr. Robert Y.  Siy, development economist and mobility/transport expert, recently wrote about a walkability study by Australian insurance firm, Compare-The-Market, which surveyed 53 cities worldwide.  It reports that Metro Manila ranked in last place, and this should serve as a “wake up” call.