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We are now living in the age of Data Science and Big Data, as the ubiquity and availability of large amounts of data plus advances in technology to store, process, and analyze such data have revolutionized ways of thinking about things and of doing business. If you take a look at your social media accounts and wonder how these outfits are able to anticipate the kind of content you like to consume, the answer is that data science and big data analytics are being harnessed to try to guess exactly that, and with very good results. Want to buy a book from your favorite online merchant and out pop some other suggested books that you never even thought about, but you buy them anyway thanks to the prompt? You guessed it, data science and data analytics had a hand in this as well.
One of the field trips in my Integral Human Development class was to the National Museum of Fine Arts. This trip was meant to feature aesthetic development, one of the forms of well-being. Aesthetics is the appreciation and nature of beauty, in the context of art. Aesthetic engagement can breed emotional connection through the process of creating, doing, and experiencing art. This connectedness has the capacity to bring about meaningful interactions and belongingness in the workplace.
As part of our Integral Human Development class, we went on an exposure to GK Enchanted Farm in Angat, Bulacan. The professionalism and courteousness of everyone on the farm was both contagious and heartwarming and it was easy to see why there so many people who are involved in this social enterprise.
A cursory scan of the popular titles in a bookstore -- The Little Book of Hygge: Danish Secrets to Happy Living, Lagom: The Swedish Art of Balanced Living, Wabi-Sabi: Japanese Wisdom for a Perfectly Imperfect Life, Ikigai: The Japanese Secret to a Long and Happy Life -- and I can’t help but smirk.
What would a meal look like in 31 years? That is the big question scientists are now urging governments and private institutions to answer. By 2050, the global population is expected to rise to 10 billion with no assurance that all those mouths will be fed.
The awarding ceremonies of the first Ramon V. Del Rosario Siklab Awards will be held today, July 25. This program is a national search for the youth leaders of tomorrow, sponsored by PHINMA in cooperation with the De La Salle University Ramon V. Del Rosario College of Business (RVRCOB) and the Junior Chamber International Manila. It recognizes youth leaders who have had positive impacts on the community or nation by their work and service.
“Drip... drip... drip...” that’s the sound I heard in the middle of the night from the aircon in my bedroom. I got out of bed and rushed for pails! I was annoyed because the aircon was just cleaned a month ago. I called the company the next day to send someone to fix it. It took at least four days for someone to come. Two technicians arrived. They told me that they were the ones who cleaned the aircon a month ago. The older one was the lead man -- he said that he was new in the company, but he was proud to say he had years of experience. I was surprised to learn that the younger man was an on-the-job-training employee! I am a loyal customer of their company. But I could not believe that they sent company neophytes!
I moved to the Philippines 12 years ago to start a business. The skilled labor and high level of English proficiency made it a natural choice among its neighbors in the region. The friendly people, beautiful islands, live bands, and incredible nightlife didn’t hurt either! As my business progressed from start-up to operations, I realized that I had so many questions about why employees behave the way that they do in an organization.
After years of debate and wrangling among legislators, workers’ associations and employer groups, the Security of Tenure (SOT) bill is now on the desk of President Rodrigo R. Duterte for signing. The bill seems sure to become law since the president himself declared it a priority based on his campaign promises.
I am here to tell you my story. I was a simple kid who grew up in Antipolo. I was raised and inspired by a single mom, who danced her way to success and gave us the gift of quality education. Our home was far from the business districts such as Ortigas and Makati. No one in my immediate family and in the community had ever experienced working in big corporations. Life there was simple, people were not wealthy, but growing up in that community created a gold mine of memories.
Earlier this year, I had the privilege of visiting Israel. Through our pastor’s teachings and our tour, I learned how President Manuel L. Quezon accepted about 1,300 Jews facing persecution in Germany and Austria. The lesson became more real to me when we visited the Yad Vashem Holocaust History Museum, Israel’s official memorial to the Holocaust victims.
For the first time, Harvard Business School and the Booth School of Business at the University of Chicago have not increased tuition for their MBA programs. Applications to the US business schools have been dropping due to online alternatives and more specialized courses. Worse, many international applicants have been scared off by anti-foreigner sentiment in many parts of the US. Some business schools, such as the University of Illinois Gies College of Business, have gone further and shut down their on-campus MBA programs altogether.
A national conference on health dubbed “Tech-Care: Revolution, Evolution and Innovations in Health Care” was recently organized by the Our Lady of Fatima University (OLFU) in Valuenzela City. It was organized by the indefatigable dean of the College of Nursing, Dr. Maria Luisa Uayan, who is a friend way back from our graduate school days and she asked me to give a talk on entrepreneurship. At first, I was taken aback because entrepreneurship and the health professions are not usually mutually exclusive. She then told me that in the latest Commission on Higher Education Memorandum Order for the Bachelor of Nursing program that the teaching of entrepreneurship is embedded in the program and is even a specific learning outcome that states “apply entrepreneurial skills in the delivery of nursing care.”
The recent elections were quite unusual. The near total shutout of the opposition, the staggering losses among political dynasties and the emergence of millennial-elected leaders are just among the remarkable results we are seeing from the unofficial results. As expected, these unofficial results are already being contested. The mysterious failure of the Comelec transparency server gave new meaning to the word oxymoron. Failures of both voting machines and memory cards were reported in record numbers. Yet the Comelec and PPCRV assess the elections to be within the normal range of acceptability.
How do you react to changes in life, may it be a career change or change in the organization? Do you accept it wholeheartedly? Or do you shy away from change to stay in your comfort zone? I am a person who always seeks opportunities, looks for change and sees the bigger picture life has to offer.
Just recently, an earthquake shook different parts of the country that killed people and damaged properties, especially in Pampanga. The Philippines, located within the Pacific Ring of Fire and the Pacific Typhoon belt, is most affected and highly vulnerable to earthquakes, floods, landslides, tsunamis, typhoons and volcanic eruptions. In a span of a century from 1900s, 355 disasters have occurred in the country. On average, we are hit by 900 earthquakes and 20 cyclones yearly. In 2010 alone, Php25 million worth of damage to properties have been reported and affected 3 million people. From 1997 to 2007, billions worth of damage in agriculture, infrastructure and private property have been caused by typhoons. Indeed, disasters hurt people, especially the poor.
As Baby Boomers and Gen X-ers prepare to retire, companies worldwide have been gearing up to accommodate more millennials in the workplace. With three generations having different values and attitude towards work sharing one office, culture shock and clashes are bound to happen.
I attended a Lasallian Business Leadership talk as part of our Marketing Management class. The lecture was on “Service Management in the Digital Age,” with the CEO and Founder of ZEN Rooms, Mr. Nathan Boublil. He generously provided insights on how businesses, particularly startups, thrive in a highly competitive industry.
I love Fridays. It always reminds me of the next two days wherein I do not have to set an alarm, I do not have to prepare to go to work, and I simply do not have anything that has to be done on schedule within the day. Usually, on Thursday, I am more motivated to work, because I always think that in a few hours, Friday and I will meet, then I will have the chance to relax on Saturday and Sunday. At the end of a long and tiring week, I look forward to the next two days off. How exciting is it if we have three?
March can be the highest point in the young lives of graduating college students. It is the month when they happily march up the stage with their proud parents. On the way down the stage steps, they daydream of starting a high-paying job and fulfilling their wildest ambitions. After all, these are the reasons for all the hard work they put in over the last few years.
Clothing is a tool used to visualize and benchmark ourselves and the people around us. The way we dress provides conclusions about our persona, social status aspirations, and level of professionalism. As fashion designer, Rachel Zoe says, “Style is a way to say who you are without having to speak, dress shabbily and they remember the dress; dress impeccably and they will remember the person.”
Do others have a preconceived notion about your personality? Or do you quickly conclude a person’s character? If so, then Susan Cain’s book, Quiet: The Power of Introverts in a World That Can’t Stop Talking, might also capture your interest. Cain is an American writer and lecturer who earned her Doctor of Jurisprudence degree from Harvard Law School. She initially practiced her profession as a lawyer and negotiations consultant but later left her corporate career for the more serene life of writing. In 2012, she published the said book which described the value of introverts. She also co-founded Quiet Revolution LLC, a mission-based American company committed to “unlock the power of introverts for the benefit of us all.”
TODAY, February 22, is the first of the four days of the 1986 EDSA People Power Revolution. The Revolution against the Marcoses officially ended on February 25, when Corazon Cojuangco Aquino took her oath as President of the Republic. Her oath of office was administered by Supreme Court Justice Claudio Teehankee at what is now called appropriately the Kalayaan (Freedom) Hall of Club Filipino in San Juan.
The average annual pay of a chief executive officer (CEO) in the Philippines is Php 2,200,000. This is in stark contrast to the annual income of around Php 169,000 that a minimum wage earner in Metro Manila lives on. Globally, companies with the largest CEO-worker pay gaps include Disney at 367:1 and 21st Century Fox at 311:1. On a more positive light, new data reveal that 20 companies with the lowest CEO-worker pay gaps include Facebook (CEO: Mark Zuckerberg) at 37:1 and, topping the list, Berkshire Hathaway (CEO: Warren Buffett) at 2:1.
The average annual pay of a chief executive officer (CEO) in the Philippines is P2,200,000. This is in stark contrast to the annual income of around P169,000 that a minimum wage earner in Metro Manila lives on. Globally, companies with the largest CEO-worker pay gaps include Disney at 367:1 and 21st Century Fox at 311:1. On a more positive light, new data reveal that the 20 companies with the lowest CEO-worker pay gaps include Facebook (CEO Mark Zuckerberg) at 37:1 and, topping the list, Berkshire Hathaway (CEO Warren Buffett) at 2:1.
“Walang forever ” (There is no forever) is a Tagalog slang commonly used by those who got dumped, those who don’t believe in love, and those who hate seeing couples showing affection to each other. But, did you know that there are some Human Resource Management aspects we could learn from this phrase?
Recently, Chinese-Filipino businessman, Henry Sy, Sr. died. An immigrant from an impoverished family in Jianjiang, a town near Xiamen, China, he started as a shoe peddler and when he died two Saturdays ago at the age of 93, he owned one of the world’s biggest shopping chains and the Philippines’ largest retailing chain. In 2018, he was listed as the richest man in the Philippines by Forbes with a net asset of $18.3 billion.
“Bohemian Rhapsody” dominated the airwaves and the movie theaters for several months. My curiosity prompted me to watch the biopic movie of the Queen’s legendary frontman. The music, the lights, especially Rami Malek’s portrayal of Freddie Mercury, made me listen to their music for months. Rami’s portrayal was so real and authentic! He truly deserves his Golden Globe Best Actor Award.
I fully support the Department of Education’s advocacy to require senior high school (SHS) students from all strands take an Entrepreneurship subject. After all, one of the supposed benefits of the SHS program is preparing students for livelihood even before college. However, one of our considerations should be that entrepreneurship is a course best taught in an applied manner beyond the confines of a traditional classroom.
You go to a search engine and type the word telecommuting and you will find various sources with definition of the term. One source offers a straightforward description of “work from home, making use of the Internet, e-mail and the telephone.” Another source describes it as a work arrangement in which employees do not commute or travel to a central place of work, such as an office building, warehouse, or store.
A few days before Christmas, I, like many others, was shocked to see Facebook videos purportedly showing an Ateneo high school student using his martial arts skill to assault and humiliate a schoolmate inside a restroom. The videos were disturbing not only because of the humiliation and physical harm inflicted on the victim, but more so because of the way the young man appeared to take pride in bullying his schoolmate not only in plain sight of others but also on video.
TWO Thousand Eighteen, how shall I describe you? Any reflective adult would probably say, as each year of their adult life draws to an end, that it was indeed “the best of times, the worst of times.” This year closes with no difference. It has been both good and challenging.
As the year comes to a close and we experience a slew of Christmas parties both in our professional and personal lives, stress levels heat up despite the supposedly cool December weather. Christmas parties at home, in school, or at the office have become a ubiquitous part of our lives.
Buy when the price is low. Sell when the price is high. This is the prescription given to those who are interested to invest in the stock market. But the underlying question is: when is it low or high? Fundamental analysts will prescribe comparing observed price versus intrinsic value. If the intrinsic value is higher than the price, buy the stock. If it is less, sell it. And if it is equal to price, hold it.
In 2016, Klaus Schwab, founder of the World Economic Forum, heralded the arrival of the second machine age and its promise as well as threats for business and society. In his 2018 book titled after the phenomenon, Schwab explains that the basis for the so-called “fourth industrial revolution,” commonly abbreviated as FIRe, is not only new technologies alone, but also the new ways through which people and things are connected to each other and are communicating in new and faster ways.
I would like to laud the House of Representatives, which on Sept. 4 of this year approved on third and final reading House Bill 4113. The bill, principally authored by Rep. Emmeline Aglipay Villar, grants paid maternity leave of 100 days, up from the former 60 days (78 days for mothers who had caesarian delivery). But what’s a mother to do from the 101th day onwards? What comes after maternity leave?
The ongoing academic year 2018-2019 is critical for Philippine higher education institutions as it is when they have to admit the pioneer batch of senior high school (SHS) graduates under the K-12 basic education reform program of the Department of Education (DepEd) into college. According to DepEd, of the more than 1.2 million graduates from public and private SHS’s in 2018, twenty-five percent (25%) or 300,000 learners will be able to obtain a college degree in the next four to five years. Factoring in the college completion rate of 30% as per Commission on Higher Education (CHEd), we are talking about 1 million (300,000/30%) learners entering college this year.
In August 2018, Republic Act 11058, otherwise known as “An Act Strengthening Compliance with Occupational Safety and Health Standards and Providing Penalties for Violations Thereof,” was enacted. This law seeks to enforce stricter and wider coverage for compliance with safety rules in the workplace, and provides that “the State shall ensure a safe and healthful workplace for all working people by affording them full protection against all hazards in their work environment. It shall ensure that the provisions of the Labor Code of the Philippines, all domestic laws, and internationally recognized standards on occupational safety and health are being fully enforced and complied with by the employers, and it shall provide penalties for any violation thereof.” The Act makes it clear that employee safety is primarily the responsibility of the employer.