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. The concept of real options provides a way of thinking that can help managers balance the risk of...
Earnings of major Philippine real estate companies have grown significantly over the past three years after recovering from the industry slump caused by the Covid-19 pandemic in 2020-2021. According to Sydney-based firm Sanlam Private Wealth Pty. Ltd., the combined net profits of property firms...
"The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” – Bill Gates We tried the eGov app for the first time...
“You won’t be replaced by AI, you’ll be replaced by someone who knows how to use AI” – Harvard Business Review The Philippines is one of the top five countries in the world for ChatGPT usage according to a recent report of Similarweb, showing just how much Filipinos are turning to this AI...
It is unfortunate that many people struggle to act responsibly when it comes to managing their own finances or, even worse, when spending other people’s money—particularly in organizational roles where they have been appointed or elected. Undoubtedly, it is much easier to spend money than to...
Extreme bad weather in Manila can bring one home earlier than usual. It gives one the luxury of watching two Netflix movies in one sitting till one's eyelids drop. It is interesting to note that as early as (2004) "Day After Tomorrow" till (2017) "Geostorms,” Hollywood was already making...
In the investment world’s current VUCA (volatility, uncertainty, complexity, and ambiguity) uncertainties, more information is always better. Given the ever-widening global influence of social media, which has indeed changed the landscape of investment around the globe, the economic information...
My sister Kay, the “bamboo queen,” has a fascination for bamboo. She recently built the first bamboo museum in Antipolo, housing the first mini bamboo organ made in the Philippines, sourced from her own bamboo, and patterned after the famous Las Piñas bamboo organ. Ate Kay takes pride in...
Last month, President Ferdinand Marcos Jr. signed into law Republic Act No. 12022, or the “Anti-Agricultural Economic Sabotage Act of 2024.” This landmark measure aims to crack down on the smuggling of agricultural products. It elevates smuggling, profiteering, and hoarding of agricultural...
The value of being a skeptic rather than a cynic lies in the profound difference in how we approach the world. Cynicism, characterized by an inherent mistrust of people’s motives, often leads to negativity and isolation. In contrast, skepticism encourages a healthy questioning of assumptions...
We all need good investment instruments. According to Warren Buffett, one of the wealthiest men in the world, "..investing in yourself is the best thing you can do. Anything that improves your own talents or skills nobody can tax it or take it away from you.... if you’ve got talent yourself,...
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. She...
