Fuse is on the right track!
None other than MVP has given me this "re-assurance" that we're doing the right thing at Fuse. After reading his acceptance speech as 2005 MAP (Management Assoc. of the Phils.) Management Man of the Year, I can't help but feel re-assured with how me and my partners are running Fuse. Our stand on certain business issues that have come up, our direction as a company, and our approach with building and maintaining a competent team.
There's no better feeling than finding out that we share some principles and approach with the most profitable corporation in the Philippines. How about we share the same profit in due time? Hehe.
Doing the Right Thing: Business and Ethics Can Co-exist
By Manuel V. Pangilinan --- The Philippine Star 02/02/2006
The First Pacific Story
One of the many blessings I’ll always be thankful for are the lessons I learned as we built First Pacific.
The story of First Pacific — and that of PLDT — rest on the very basic prescription that you can succeed by "doing the right thing," even in an awkward environment like the Philippines. It also does mean that business and ethics can co-exist in this country.
Ethics in Business
Yet the concepts of "business" and "ethics" do not easily sit together in our country. One local journalist has said that "business ethics" is an oxymoron — like "jumbo shrimp", or that wonderful military expression —, "friendly fire".
To be sure, there is the dilemma about "doing the right thing". Because ethical behavior is not always rewarded, and unethical behaviour is rarely punished.
One of the object lessons of my First Pacific experience was that those who choose to conduct business in an ethical way will, in the long run, perform better than those who don’t.
The First Pacific Values
A few years back, I was asked to return to the Ateneo to make the commencement address in its centennial year. I found myself talking about my past and the young graduates’ future. And I had to let them in on the greatest secret of all — that when it comes to success, there are no secrets.
I told them that success can only spring from old-fashioned values, values that are transcendent, and endure well beyond the context and circumstance of our time.
Those principles are as fundamental as being honest and truthful — especially with yourself. Being diligent, committed, and hard working will also serve you well in the long-term.
The growth of any institution — especially a corporation — cannot be sustained without the commitment, talent and industry of its people.
That’s why it is always our aim to create a team of the best people available to manage our businesses. After all, quality decisions are made by quality people. As an important corollary, we make our managers, owners of their businesses because as managers and investors, they will commit themselves more to the company’s success. ...
(full text)
...http://www.philstar.com/philstar/NEWS200602020714.htm
There's no better feeling than finding out that we share some principles and approach with the most profitable corporation in the Philippines. How about we share the same profit in due time? Hehe.
Doing the Right Thing: Business and Ethics Can Co-exist
By Manuel V. Pangilinan --- The Philippine Star 02/02/2006
The First Pacific Story
One of the many blessings I’ll always be thankful for are the lessons I learned as we built First Pacific.
The story of First Pacific — and that of PLDT — rest on the very basic prescription that you can succeed by "doing the right thing," even in an awkward environment like the Philippines. It also does mean that business and ethics can co-exist in this country.
Ethics in Business
Yet the concepts of "business" and "ethics" do not easily sit together in our country. One local journalist has said that "business ethics" is an oxymoron — like "jumbo shrimp", or that wonderful military expression —, "friendly fire".
To be sure, there is the dilemma about "doing the right thing". Because ethical behavior is not always rewarded, and unethical behaviour is rarely punished.
One of the object lessons of my First Pacific experience was that those who choose to conduct business in an ethical way will, in the long run, perform better than those who don’t.
The First Pacific Values
A few years back, I was asked to return to the Ateneo to make the commencement address in its centennial year. I found myself talking about my past and the young graduates’ future. And I had to let them in on the greatest secret of all — that when it comes to success, there are no secrets.
I told them that success can only spring from old-fashioned values, values that are transcendent, and endure well beyond the context and circumstance of our time.
Those principles are as fundamental as being honest and truthful — especially with yourself. Being diligent, committed, and hard working will also serve you well in the long-term.
The growth of any institution — especially a corporation — cannot be sustained without the commitment, talent and industry of its people.
That’s why it is always our aim to create a team of the best people available to manage our businesses. After all, quality decisions are made by quality people. As an important corollary, we make our managers, owners of their businesses because as managers and investors, they will commit themselves more to the company’s success. ...
(full text)
...http://www.philstar.com/philstar/NEWS200602020714.htm
posted by mike at 12:18 AM
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