[The Personal Property Security Act, or Republic Act No. 11057, is the result of House Bill No. 6907 under Committee Report No. 550 and Senate Bill. No. 1459 under Committee Report No. 86. Here is the Fact Sheet for House Bill No. 6907:] Continue reading
[The Personal Property Security Act, or Republic Act No. 11057, originated from House Bill No. 6907 under Committee Report No. 550 and Senate Bill. No. 1459 under Committee Report No. 86. For a background what spurred the enactment of Personal Property Security Act, it is helpful to look at the explanations given by the law’s sponsors, including the sponsorship speech of Senator Paolo Benigno “Bam” A. Aquino IV on 22 May 2016. Here’s the full text:] Continue reading
There’s no doubt that a company, in order to be successful, needs both product people, or those who create/develop the product, and marketing/sales people. However, as Apple founder Steve Jobs points out, using IBM and Xerox as examples, a serious problem emerges if the product people are driven out from the decision-making process. In the youtube clip below, Steve Jobs notes, “…so the people that can make a company successful are sales and marketing people, and they end up running the companies. And the product people are driven out of decision-making forms. And the companies forget what it means to make great products.” Continue reading
Almost everyone wants to get rich. And almost everyone recognizes that going into business is one of the best ways to get rich or, at the very least, attain financial sufficiency. Not everyone, however, musters enough resolve to take the first step and actually go into business.
A couple of things immediately stand out when referring to Starbucks. For one, the company is understandably proud of its baristas. This Seattle-born company is passionate about coffee but if we consider that Filipinos have not always consumed coffee at the Starbuck’s price range, it’s easy to see that service and ambiance are important factors why patrons flock to Starbucks.
[Graduation season brings a fresh wave of splendid speeches. On 28 March 2015, Lisa Macuja Elizalde gave a commencement speech at the graduation of the School of Humanities and the John Gokongwei School of Management, Ateneo de Manila University Loyola Schools. This fine speech deserves to be read by everyone, especially the young ones. Here’s the full text of the speech.] Continue reading
Anyone who knows the internet, even those who knows the net without actively browsing the web, knows the strong impact of social media, which includes facebook, twitter and instagram, on the way business is being done. This is abundantly clear when it comes to marketing. The recent “tshirt controversy” highlights the impact of social media on customer feedback and corporate image.
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