| OTHER STORIES |
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Making
the most of mentors |
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At age
26, while slogging through 14 voice mails on her phone,
Christina Domecq realized there might be a business in
converting audio messages into text. Within a few months, in
2003, she had turned that idea into the start-up SpinVox.
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read more |
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Managing
false negatives |
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In the late
1980s, scientists for New York City-based drug maker Pfizer
began testing what was then known as compound UK-92,480 for
the treatment of angina. Although UK-92,480 seemed promising
in the lab and in animal tests, the compound showed little
benefit in clinical trials in humans. |
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The Puno
court and the two remedial scalpels of amparo and habeas
data |
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Generations of law students and lawyers, many of whom are
now prominently serving in the Judiciary, are familiar with
the landmark case of US. Bustos, G.R. No. L-12592, March 18,
1918. |
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Office
landlord |
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WILLIAM
Willems operates his office—all 950 of them in 400
cities—with a thin gilded plastic sheet the size of a credit
card.
“This is
what I call an upgraded Starbucks principle,” Willems told
the BusinessMirror, flashing the 3-inch by 2-inch card
embossed with his name. |
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Winning:
For little companies, big ideas are a must |
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Q:
We’re an outsourcing start-up that wants to break into
the
United States and European markets. But the big companies that could be our clients
won’t even talk to guys like us. How do we get them to at
least hear our proposal? Ram Muthiah,
Seattle, Washington |
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read more |
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How to
manufacture a global food crisis |
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WHEN tens
of thousands of people staged demonstrations in Mexico last
year to protest a 60-percent increase in the price of
tortillas, many analysts pointed to biofuel as the culprit.
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The best
advice I ever got |
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In the
summer of 1982, I worked for Donald Regan, then the US
secretary of the treasury under President Reagan. I was
about to go into my final year at Wharton and, having worked
many summers at Estée Lauder Companies since age 13, was no
stranger to office life. But in this role my title was
“special assistant to the special assistant”—not what I had
anticipated. |
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read more |
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Leading
an innovation review |
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Innovation
is fraught with uncertainty. Is the timing right? Will the
consumer buy the product, and then buy it again? Will the
technology work at the right price? The sad fact is that one
can do everything right and still get it wrong—and this
reality must be reflected in the review process. |
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Hurd mentality |
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WITH
electronic chips competing for grain as the commodity of the
computer age, it pays to have a salesman at the helm.
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read more |
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winning:
Keeping one’s eyes on the future prize |
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Q:
What are the big concerns confronting business in the
next 10 years? Fatma Abdullah, Dubai, United Arab
Emirates |
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read more |
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More
mouths to feed |
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Ask
Josephine Gonzalez how many children a family should have
and the stick-figured 31-year-old mother answers without
hesitation. “I only wanted three,” she says, trying to
soothe the naked baby boy who tugs at her ragged dress. |
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Philippines feels the pinch of dollar’s decline |
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The US
dollar has always been king down by the docks on Manila Bay,
where Philippine seamen congregate to swap stories and look
for work. |
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read more |
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10
reasons why electricity bills are high |
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Note:
After Manila Electric Co. (Meralco), the country’s largest
electricity distributor and supplier, announced in April an
increase in its generation charges by 51.88 centavos per
kilowatt-hour (kWh), rumors of a brewing government takeover
began spreading like wildfire. |
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read more |
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Working
in the gray zone |
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Using
company resources to work on personal projects, especially
on company time, is a no-no for employees in most
organizations. But supervisors often operate in what I call
a gray zone, turning a blind eye to such officially
forbidden behavior. They realize that stamping it out may do
more harm than good, because many employees have a
deep-seated need to engage in it. |
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read more |
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Creating
the conversations that create innovation |
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One of the
great myths of innovation is that breakthrough ideas are
produced solely by intuitive individuals or by small
creative teams working in isolation. The reality is that
whether we think of Thomas Edison, Ted Turner, Jeff Bezos or
Steve Jobs, most well-known innovators developed their
breakthrough ideas as a result of interacting with a rich
and diverse community of people. |
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Fun
revisited |
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Thirteen
years after he created the 17-hectare Enchanted Kingdom in
Santa Rosa, Laguna, designer Gary Goddard has once again
returned to the theme park he originally imagined. |
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read more |
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The
Modern Leader |
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‘People
don’t want to be managed, people want to be led.” |
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read more |
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Winning: Before taking the plunge, get all the details |
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Q:
I’ve been in my job for six years, but there’s very
little runway for me here. Last week, a business
acquaintance offered me a job at his company. It’s not
really my area of expertise and the position is somewhat
unclear, but it seems exciting. Do I go for it? Name
Withheld, Wayne, Pennsylvania |
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read more |
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The Rice
Cop |
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There are
moments during these days of worry over soaring
international food prices when it appears that Philippine
President Gloria Macapagal-Arroyo is out to solve her
country’s rice shortages on her own. |
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read more |
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Rice’s
price rise takes a toll in Manila slum |
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It is in the
heaving slums of
Asia, amid
sagging tin shacks and streets afloat with waste, that the
soaring global price for rice hits hardest. |
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read more |
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Look to
the Sky |
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ALFRED M.
Yao is a man who rarely rests.
He says
the last vacation he had with his entire family was two
years ago in New Zealand, and remembers a few regional
cruises with his wife. He tells the BusinessMirror he would
rather be on his toes, working, on the lookout for new
business opportunities. |
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The Best
Advice I Ever Got |
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Shortly
after joining Salomon Brothers in 1975, I had an opportunity
to rescue a troubled account. Our firm was getting almost no
business from one of our huge institutional clients, but I
made some headway and surprised everyone, including myself.
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Using
conflict as a catalyst for change |
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Deep
organizational change inevitably produces conflict. Those
who lead change usually try to suppress conflict, with the
goal of keeping the energy positive and the forward momentum
strong. |
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read more |
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Law&
property |
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Talk about
having the right address.
That’s how
Atty. Andres D. Bautista, chief executive officer of the
Kuok Group in the Philippines, was initially considered to
become the Hong Kong-based group’s top guy in the
Philippines. |
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read more |
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Winning:
When the chips are down, keep your chin up |
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Q:
Our company, like many these days, is experiencing lower
earnings and the termination of many good employees. How do
we build morale and give employees some sense of confidence
in the face of poor financial results? Name Withheld,
Maryville,
Tennessee |
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read more |
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From
farms to tables |
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Governments serve the secondary purpose of intervening when
free markets come perilously close—or are perceived to be
close—to losing control. |
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read more |
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Food-Price Shock |
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The
globe’s worst food crisis in a generation emerged as a blip
on the big boards and computer screens of America’s great
grain exchanges. At first, it seemed like little more than a
bout of bad weather. |
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read more |
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Take the
lead at your next review |
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The
management literature is full of advice for those who want
to deliver effective performance reviews. The usual mantra?
Use review sessions to set clear expectations and goals but
never forget to praise good work and to listen closely to
employee concerns. |
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read more |
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What you
can gain when you lose good people |
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Knowledge
workers in technology companies generally don’t view their
jobs as being about human relationships. The more
introverted among them would probably even shudder at the
thought. |
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read more |
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