Business Columns

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I put a quote in my column last week borrowed from an Inquirer columnist Jaime Licuaco; “A nation whose policies and rules are based on the assumption that everybody is a cheat and liar [surely cannot last]. Take a close look at [the] bureaucracy and its rules. It is burdened…

JULIUS B. LUNAR

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Indeed, the business of business is making profit by creating value to customers, rewarding the stockholders, employing strategies that will allow the firm to achieve its targets, and the most important one, adhering to ethical principles as well as practices as it operates in the market. Nature plays a very…

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These anti-critics really do not get it. We can see better from atop our high horses, and what we see is appalling. Were it not for a deep concern for our fellow man, a frantic distress at seeing even one blameless citizen of the world suffer for one moment longer…

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IF the more affluent Filipinos were to give as much as many of the poorest among us are willing to sacrifice to be able to help the victims of calamities, chances are the intended beneficiaries would receive much more than what they have been receiving today. Let us go by…

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TOKYO: Globalization theorist Roland Robertson argues eloquently about glocalization—a genius blend of words between “globalization” and “localization” which attracted the attention of many Japanese business people in the late 1980s. This buzzword refers to the simultaneous application of global thinking with the local tradition. After more than two decades, Robertson’s…

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Typhoon Yolanda might have exposed the true colors of a small number of fellow Filipinos—the loser and victim types who delight in blaming, gossiping, fault-finding and guilt tripping atop their high horses. Of my 2,320 friends in Facebook, only five continuously rant and grunt about how post-typhoon relief and recovery…

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Has it not occurred to President Aquino that there may be a very good reason Social Welfare and Development Secretary Corazon “Dinky” Soliman has been “bypassed” no fewer than three times by the Commission on Appointments? That’s a rhetorical question, of course. President B.S. Aquino 3rd is the epitome of…

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DON’T let the 50-year corporate life of your business end without renewing it by amending your company’s Articles of Incorporation before the expiry date. Otherwise, your company may end up in limbo without legal personality, like what happened to Hotel Enterprises of the Philippines Inc. (HEPI), the owner of what…

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The recent Supreme Court declaration of the unconstitutionality of the Priority Development Assistance Fund (PDAF), or pork barrel, has put to rest the question of the legislature’s authority to have the fund under their control. Whereas, prior to its scandalous deposition, everyone in the legislative and the executive branches of…

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In the last column, we reviewed a few fundamental skills and practices required for the effective management of crisis communications; in this column, we’ll move on to a few basic guidelines for actually managing the crisis. Obviously, the vast number of details and intricacies particular to a specific crisis cannot…

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