The Ateneo Graduate School of Business Advantage
As we just look around us (a rule for entreprepreneurs is OLO - Observe Learn Observe) we see that we can learn a lot from activities of enterprises around us.
For example, Andok's has modernized its store format. (modernized - innovated). It is beginning to look more like a fastfood outlet; it menus is no longer just lechon manok but is now varied. And knowing perhaps that lechon manok is sometimes used as pulutan, it has offered places where one can drink and eat lechon manok too. It is adjusting the business model to the PTM.
Along the way yesterday, I noticed that there are no more buko nuts peddler: they sell allready shelled nuts, or sell buko juices in containers, or buko meat packed for buko salad in styropors. Hmm. More value adding/creation, delivery
Look at big industrial corporations too, like a big firm in Laguna. There are banks, food outlets within the compound to serve its thousands of employees. A mall put up an outlet, barely some 3 km from its downtown mall, to serve the burgeoning needs of these employees.
Who says that we in PHL are behind innovations? Are we not holding our own? We may not keep pace with pure technological research but.....
I saw that in Korea, in Samsung compounds, there are employee facilities like food outlets, groceries, etc to satisfy customer needs. It goes well with the chaebol set up of Samsung. Not only doing this is a good hr prractice, but is a good business.
"New ideas create more and better new products and services; create more wealth."
