Posted by: luvin | February 9, 2007

Philippine Businesses

It is interesting to note the different businesses in the Philippines. There are only a few big and enduring names. San Miguel Corp., PLDT, The Ayala, Metro Bank of George Ty, Gokonwei’s group, Lucio Tan’s, Henry Sy’s SM, Lopes’ group, these groups are easy to remember.

The core business of SMC is in food and beverages. PLDT is in telephone, Ayala is in land development, Metro Bank is in Banking and Finance, SM is in Mall dev., Lopes’ is in broadcasting, Tan is in the sin business (tobacco, beer), Gokongwei on the other hand seem to have no core business. They are into about anything, yet they became big. His adaptability seems to overcome the other weaknesses of his businesses. What is his management principle?

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