Henry Sy
Built SM Prime in country’s largest mall developer
Lucio Tan
Owns nation’s largest cigarette maker, Fortune Tobacco, and Philippine Airlines
Jaime Zobel de Ayala
Ayala Corporation
Source:
Miyerkules, Hunyo 22, 2011
Biyernes, Hunyo 17, 2011
Miyerkules, Hunyo 15, 2011
Assignment #3 in ICT II
1. For example, a person will build his own bakeshop business, if he uses one of the characteristics like the systematic planning and monitoring he might forecast what his plans should be, because he knows that this business needs to adjust from time to time in terms of production costs, that edge will help him be a better entrepreneur because he already have plans when there is an inflation in terms of material cost in making breads, this entrepreneur will control his business and make some adjustments when needed.
2. It will serve as a guide when it is time for me to build my own business or to enter in a company as an employee. Having a broad knowledge in terms of Personal Entrepreneurial Competencies can help me in making good judgment and decisions like the critical ones which will lead to the success.
Invention due to a Necessity
SILK
The legend is that Lei-tzu was in her garden when she picked some cocoons from a mulberry tree, and accidentally dropped one into her tea. When she pulled it out, she found it unwound into one long filament.
Then her husband built on this discovery, and developed methods for domesticating the silkworm and producing silk thread from the filaments -- processes that the Chinese were able to keep secret from the rest of the world for more than 2,000 years, creating a monopoly on silk fabric production. This monopoly led to a lucrative trade in silk fabric.
But another woman helped to break the silk monopoly. About 400 C.E., another Chinese princess, on her way to be married to a prince in India, is said to have smuggled some mulberry seeds and silkworm eggs in her headdress, allowing silk production in her new homeland. She wanted, the legend says, to have silk fabric easily available in her new land. It was then only a few more centuries until the secrets had been revealed to Byzantium, and in another century, silk production began in France, Spain, and Italy.
For her discovery of the silk-making process, Lei-tzu is also sometimes called Si Ling-chi, or Lady of the Silkworm, and is often identified as a goddess of silk-making.
Linggo, Hunyo 12, 2011
2nd Assignment in ICT II
Personal Entrepreneurial Competencies (PECs)
The original research by McClelland and McBer identified 14 PECs; the EMPRETEC [a UN program for small businesses; from the Spanish words emprendedores (entrepreneurs) and tecnología (technology)] clustered these into just 10:
Achievement Cluster
I. Opportunity Seeking and Initiative
* Does things before asked or forced to by events
* Acts to extend the business into new areas, products or services
* Seizes unusual opportunities to start a new business, obtain financing, equipment, land work space or assistance
I. Opportunity Seeking and Initiative
* Does things before asked or forced to by events
* Acts to extend the business into new areas, products or services
* Seizes unusual opportunities to start a new business, obtain financing, equipment, land work space or assistance
II. Risk Taking
* Deliberately calculates risks and evaluates alternatives
* Takes action to reduce risks or control outcomes
* Places self in situations involving a challenge or moderate risk
* Deliberately calculates risks and evaluates alternatives
* Takes action to reduce risks or control outcomes
* Places self in situations involving a challenge or moderate risk
III. Demand for Efficiency and Quality
* Finds ways to do things better, faster, or cheaper
* Acts to do things that meet or exceed standards of excellence
* Develops or uses procedures to ensure work is completed on time or that work meets agreed upon standards of quality
IV. Persistence
* Takes action in the face of a significant obstacle
* Takes repeated actions or switches to an alternative strategy to meet a challenge or overcome an obstacle
* Takes personal responsibility for the performance necessary to achieve goals and objectives
V. Commitment to the Work Contract
* Makes a personal sacrifice or expends extraordinary effort to complete a job
* Pitches in with workers or in their place to get a job done
* Strives to keep customers satisfied and places long term good will over short term gain
Planning Cluster
VI. Information Seeking
* Personally seeks information from clients, suppliers or competitors
* Does personal research on how to provide a product or service
* Consults experts for business or technical advice
VII. Goal setting
* Sets goals and objectives that are personally meaningful and challenging
* Articulates clear and specific long range goals
* Sets measurable short term objectives
VIII. Systematic Planning and Monitoring
* Plans by breaking large tasks down into time-constrained sub-tasks
* Revises plans in light of feedback on performance or changing circumstances
* Keeps financial records and uses them to make business decisions
Power Cluster
IX. Persuasion and Networking
* Uses deliberate strategies to influence or persuade others
* Uses key people as agents to accomplish own objectives
* Acts to develop and maintain business contracts
X. Independence and self-confidence
* Seeks autonomy from the rules or control of others
* Sticks with own judgement in the face of opposition or early lack of success
* Expresses confidence in own ability to complete a difficult task or meet a challenge
* Finds ways to do things better, faster, or cheaper
* Acts to do things that meet or exceed standards of excellence
* Develops or uses procedures to ensure work is completed on time or that work meets agreed upon standards of quality
IV. Persistence
* Takes action in the face of a significant obstacle
* Takes repeated actions or switches to an alternative strategy to meet a challenge or overcome an obstacle
* Takes personal responsibility for the performance necessary to achieve goals and objectives
V. Commitment to the Work Contract
* Makes a personal sacrifice or expends extraordinary effort to complete a job
* Pitches in with workers or in their place to get a job done
* Strives to keep customers satisfied and places long term good will over short term gain
Planning Cluster
VI. Information Seeking
* Personally seeks information from clients, suppliers or competitors
* Does personal research on how to provide a product or service
* Consults experts for business or technical advice
VII. Goal setting
* Sets goals and objectives that are personally meaningful and challenging
* Articulates clear and specific long range goals
* Sets measurable short term objectives
VIII. Systematic Planning and Monitoring
* Plans by breaking large tasks down into time-constrained sub-tasks
* Revises plans in light of feedback on performance or changing circumstances
* Keeps financial records and uses them to make business decisions
Power Cluster
IX. Persuasion and Networking
* Uses deliberate strategies to influence or persuade others
* Uses key people as agents to accomplish own objectives
* Acts to develop and maintain business contracts
X. Independence and self-confidence
* Seeks autonomy from the rules or control of others
* Sticks with own judgement in the face of opposition or early lack of success
* Expresses confidence in own ability to complete a difficult task or meet a challenge
Martes, Hunyo 7, 2011
Assignment in ICT II
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses; however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as intra-preneurship and may include corporate venturing,
when large entities spin-off organizations.
Source: http://en.wikipedia.org/wiki/Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses; however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as intra-preneurship and may include corporate venturing,
when large entities spin-off organizations.
Source: http://en.wikipedia.org/wiki/Entrepreneurship
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