All Eyes on Asian Eye IT Could Have Been a Scene During Sale Weekend at the Mall for All Research Institute
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October 2010 Available online at www.Lopezlink.ph All eyes on Asian Eye IT could have been a scene during sale weekend at the mall for all Research Institute. The world-renowned ophthalmologist also hap- the hustle and bustle. Nurses and support staff flitted in and out of pened to be a Filipino who devoted a lot of his time to helping the the examination rooms. Practically every bit of space in the waiting poor in his native country through various charitable undertakings. area was taken up, the patients and their companions either skim- OML and Dr. Tolentino realized the need for a “center of ex- ming through magazines or watching an adventure program on cellence in eye care in the Philippines” and, in short order, buckled the TV along one wall. The ladies at the reception juggled phone down to the nitty-gritty of realizing their vision. calls and actual patients, while the guard shepherded even more Back in Manila, OML enlisted the participation of business’ visitors through the door. leading lights, including the Phinma Group of Ambassador Ra- This was the scene at the ninth floor facility of Asian Eye Institute mon del Rosario, Ambassador Alfonso Yuchengco, Jaime Zobel de P-Noy in TFC townhall at the Phinma Plaza, Rockwell Center. On a regular day, doctors and Ayala, Manuel V. Pangilinan and Washington Sycip. Also among staff attend to some 150 patients, although the number of people ac- the institutional stakeholders are Lopez Group companies ABS- meeting …page 2 tually on the premises is sometimes as much as double this. CBN Corporation, First Philippine Industrial Corporation and The chain of events that led to the establishment of Asian Eye First Philippine Holdings Corporation; Meralco; Rustan Market- started in the US in the 1990s. For about a decade, then Lopez ing Corporation; and Sumitomo Corporation. Group chairman Oscar M. Lopez (OML) had regularly made the Meanwhile, in the US, Dr. Tolentino, who later became the trip to Boston, Massachusetts to have his glaucoma treated. There founding president of Asian Eye, gathered a core team of seven he met Dr. Felipe I. Tolentino, a member of the Harvard Medical Harvard Medical School-trained Filipino ophthalmologists. School faculty and senior clinical scientist at Harvard’s Schepens Eye Turn to page 6 FPSC inducted into Palladium Hall of Fame …page 2 Wild over Zaijian in ‘Noah’…page 5 Asian Eye specialist Dr. Pik Sha Chan-Uy measures the degree of eye deviation of a pedia patient. Just last month, Asian Eye introduced pediatric optometry, complementing its pediatric ophthalmology service. 2 Lopezlink October 2010 OFWs remain country’s bright hope OVERSEAS Filipino workers the Five-Year Strategic and An- skills training so that we can meet build the infrastructure that will (OFWs) remain the country’s nual Budget Planning process of the high demand for workers in make our destinations accessible, bright hope amid the threat of a the Lopez Group. the BPO sector,” he said. even as simple as online booking double dip recession in the global OFW remittances grew to Fung said focusing on high val- of plane tickets and accommoda- economy. $17.35 billion in 2009 from ue-added BPOs can differentiate tions,” he said. Enoch Fung, an economist and $16.43B in 2008 and $14.45 in the Philippines from competi- “Except for Singapore and executive director of the Goldman 2007. tors in the region such as India Macau, there has not been much Sachs Economic Research Team, Remittances continue to rise and Malaysia, which both have build-up in tourism infrastruc- said OFWs quickly moved up the Secretary Ricky Carandang a large English-speaking popula- ture in all of Asia in recent years. value chain in the last five years to of the Presidential Communica- tion. Shenzhen in China is also This is an area of opportunity become more competitive, secure tions Development and Strate- positioning as a BPO for Hong because employment in tourism high-value add jobs and end up gic Planning Office, speaking at Kong which has requirements for spreads across the entire labor less affected by the massive lay- the same briefing, affirmed that Mandarin-speaking staff. market—counting low-end to offs resulting from a slower world OFW remittances continue to Both Fung and Carandang high-end jobs,” said Fung. economy. As a result, revenues rise and are at record levels at mentioned tourism as a relatively Lopez Group comptroller from remittances continued to $9.06B for January to June 2010, robust area deserving the atten- Pearl Catahan organized the grow even during the height of up 6.87% from $8.48B in the tion of investors. economic and political brief- the US recession, together with same period in 2009. RP’s key competitive edge ing moderated by Danny Gozo, Lopezes join ‘P-Noy’ revenues from business process In addition, Carandang said Carandang said the Aquino head of Group Public Relations outsource (BPO) providers. the government is encouraging administration recognized tour- of Lopez Holdings Corporation. “The Philippines continues the establishment of BPOs out- ism as a key competitive edge Lopez Group chairman emeri- biz delegation to US to have the highest quality labor side Metro Manila. “But there is of the Philippines. “Tourism is tus Oscar M. Lopez led over 100 LOPEZ Group chairman people led by Finance Sec. Cesar force in the region,” Fung said at a bottleneck in terms of skills and labor-intensive and can spread senior executives and corporate emeritus Oscar M. Lopez and Purisima, Trade and Industry the September 3 economic and we are focusing on raising the prosperity outward to rural areas, planning officers who joined the ABS-CBN chairman Eugenio Sec. Gregory Domingo, Foreign political briefing that kicked off level of education and technical to all the provinces. We need to forum. (Carla Paras-Sison) Lopez III were among the 34 Affairs Sec. Alberto Romulo and top-caliber business leaders Energy Sec. Rene Almendras. who accompanied Pres. Noynoy Meanwhile, Lopez Group FPSC: A winning story of strategy execution Aquino III in his working visit chairman Manuel M. Lopez to the United States on Sep- was among the delegation that FIRST Philec Solar Corpora- Dan Lachica and First Philec nize high-performing organiza- “We implemented the Kaplan- tember 20-27, 2010. welcomed the President during tion (FPSC) was one of the and FPSC representatives ac- tions that use the Kaplan-Nor- Norton approach to map, execute OML and EL3 were part the “townhall meeting” in the seven organizations inducted cepted the award from Dr. David ton strategy management system and measure our strategy,” Dr. of the President’s 34-person TFC studio in California on into the Palladium Balanced Norton, founder and director of based on the Balanced Scorecard Lachica said. “The FPSC story business delegation, which September 26. It was aired live Scorecard Hall of Fame for Ex- Palladium Group, and Matthew (BSC) to become strategy fo- is one for the record books—we also included Philippine Long over ANC on the morning of ecuting Strategy during the 2010 Tice, managing director of Pal- cused, execute their strategies are probably one of the first or- Distance Telephone Co. chair- September 27. Palladium APAC Summit at the ladium Group Asia Pacific. and achieve breakthrough per- ganizations to adopt the BSC at man Manuel V. Pangilinan, San Moderated by Gel Santos-Re- Sofitel Philippine Plaza on Sep- FPSC now holds the distinc- formance results. The award is inception, radically improving the Miguel Corp. president Ramon los, “Global P-Noy: Townhall sa tember 22-23, 2010. tion of being the first private recognized worldwide as the way we do things and helping us Ang and Ayala Corp.’s Jaime TFC” was the first news live spe- FPSC now holds the distinc- company in the Philippines to gold standard of strategic perfor- in record time to become a global Augusto Zobel de Ayala. cial totally produced out of Ma- tion of being the first private receive this recognition. mance management. leader in the solar industry.” According to the President’s nila. It linked Pres. Aquino to the company in the Philippines to The Palladium Group At the start of its operations, He thanked the FPSC team, spokesman, Edwin Lacierda, Filipino communities in various receive this recognition. launched the Palladium Bal- FPSC adopted the BSC to en- the Lopez Group, SunPower, the business delegation will parts of the US as well as Canada, First Philippine Holdings anced Scorecard Hall of Fame sure focus and alignment in Drs. Norton and Kaplan, and bring home investments and Dubai, Japan and the United Corporation chairman Federico for Executing Strategy program meeting target growth projec- God in empowering FPSC to jobs from the States. He added Kingdom. At the same time, on- R. Lopez, FPSC president Dr. 10 years ago to publicly recog- tions and gaining market share receive the recognition. that the group shouldered their line audiences in the Philippines against Chinese and “When we started First Philec own expenses on the trip. and elsewhere were able to keep Japanese competitors. Solar a little over two years ago, The official delegation from abreast of the meeting over abs- Scorecards were cas- it was not really a green field, but government was made up of 55 cbnnews.com and TFCnow! caded to the individual more like a ‘green mountain’ proj- employee level. In just ect. We had to level mountains two years, the company and take on the quest to start up Bayad Center partners delivered its first com- a company. At the time, we were mercial wafers ahead so new, greenhorns in the wafer of schedule, increased slicing business.