Ayala Foundation 2009 Annual Report Shifting Paradigms

Total Page:16

File Type:pdf, Size:1020Kb

Ayala Foundation 2009 Annual Report Shifting Paradigms Ayala Foundation 2009 Annual Report Shifting Paradigms A teacher sits at her desk planning her next lesson. Her face brightens, as she thinks of a fresh approach to education—one that integrates technology, art and culture, and social awareness. Over the years, Ayala Foundation Inc. (AFI) has contributed significantly to transforming the face of education in the country. AFI has pioneered successful projects in improving the quality of public education, bringing technological tools to poor students, opening world-class facilities for art and culture, building awareness on the need to protect the environment, and encouraging social entrepreneurship. These projects have truly helped shift paradigms in education in the country. As it enters its 49th year, AFI reaffirms its commitment to take the spirit of innovation to people and communities it serves.This forward Contents annual report presents the many ground-breaking programs that AFI has introduced and sustained over the years. Even the unique layout design of the report reflects AFI’s creativity and inventiveness. 2 The Chairman’s Message 4 The President’s Message 6 At a Glance 16 Operational Highlights 38 Q& A with the President 40 The Year Ahead 42 2009 Board of Trustees bbeginegin 44 Ayala Foundation Management and Staff 2009 45 Report of Independent Auditors 80 Acknowledgments 87 Directory 88 Mission and Vision Dear stakeholders, We at Ayala Foundation are aware of the enormity of our mission: to eradicate the myriad forms that poverty takes. Over the last 48 years, we have worked hard to design and implement programs in areas where we could maximize our reach and create enormous impact. This is particularly true for our initiatives in the fields of education, entrepreneurship, the environment, and arts and culture. We are also aware that addressing the problem of poverty requires a lot of flexibility. The needs of the people we serve constantly evolve, as do the tools required for us to carry out our projects. In 2009 Ayala Foundation, its partners, and supporters demonstrated how best to address emerging needs without losing track of perennial problems. The onslaught of typhoons Ondoy and Pepeng brought to our attention the need to provide immediate relief to those affected by the typhoons, and at the same time come up with long-term, preventive solutions. The Ayala Young Leaders Congress, for instance, mobilized its network of alumni from all over the country to provide relief goods, as well as technical and logistical support for people living in devastated areas. The typhoons strengthened the spirit of volunteerism within the foundation, as employees, partners, and other stakeholders participated in nationwide relief operations. le Message ad The foundation also joined hands with different organizations The Chairman’s to develop a program addressing the destructive effects of typhoons and other calamities. A multi-stakeholder initiative, Project Noah’s Ark does not only seek to provide immediate disaster relief, but also to come up with suitable In the face of all the difficulties that befell the country, our commitment to evacuation centers, establish guidelines for community- enriching our artistic and cultural heritage also strengthened. The Ayala based disaster response, provide training on disaster Museum and the Filipinas Heritage Library, in particular, held on to their preparedness, and set up an early warning system for mandate of celebrating the greatness of our country, not only for the typhoons and other calamities. This way, we can prevent benefit of foreigners, but more importantly for our fellow Filipinos. death, destruction, and unneeded suffering, and our fellow Filipinos will not feel helpless in the face of a We at Ayala Foundation take pride in how much we and our typhoon or any other calamity. partners—past, present, and future—have achieved in pursuing our goal of uplifting the quality of life of Filipinos. We are The spirit of volunteerism that informed our disaster- also immensely grateful for the unflagging trust, faith, and relief and disaster-preparedness efforts also helped enthusiasm of our supporters, donors, managers, and make our continuing advocacies flourish. Our staff. Our continuing partnership brings us ever closer to educational, entrepreneurial, environmental, and reaching our goals. community development initiatives continued to reach out to a greater number of Filipinos around the country, with more and more partners from different parts of the world joining us in our various campaigns, either as donors, supporters, or volunteers. Jaime Zobel de Ayala 3 2 Dear stakeholders, Young Leaders Alliance, for instance, mobilized its nationwide network of 798 In line with the Ayala group’s trailblazing efforts to Meanwhile, the multi-sectoral initiative Text2Teach was The word “tragedy” was alumni to participate in rescue and relief incorporate sustainability in its businesses, AFI strengthened introduced to 97 public elementary schools. As many as 302 used repeatedly to operations, and reached as many as 1,250 its environmental initiatives by expanding the Solid-Waste schools and over a million students are now benefiting from describe a number families in the hardest-hit areas, including Management program into the Ayala Green Resources for Text2Teach’s educational materials, delivered through 3G of harrowing, Rizal, Metro Manila, Bulacan, Pampanga, Environmental Education and Networking (Ayala GREEN). technology. The project also continued getting the support unprecedented and Benguet. Through this program such issues as clean water, clean air, of local government agencies, as they vowed to provide the events that and energy efficiency have also become priority areas in AFI’s counterpart funding for the success of Text2Teach in their occurred in our AFI also tapped its network of global environmental initiatives. As one of its early projects Ayala towns and provinces. country in 2009. partners and supporters for numerous GREEN, in cooperation with 56 office and residential buildings Still reeling from fund-raising activities that were not in the Makati Central Business District, conducted a study Just as the Ayala Young Leaders Congress organized the the damage only meant to finance short-term relief on energy efficiency among the participating buildings. The training of 73 very promising student leaders from all over wrought by the activities, but also to offer long-term, results of the study serve as a guide for future energy-saving the country, the Education and Livelihood Alliance (ELSA) also economic crisis preventive solutions. Ayala Foundation projects. involved itself in the training of individuals who could bring that began in USA actively informed Filipino-Americans positive change to Region XII and the Autonomous Region 2008, the country about the plight of Filipinos affected Even with the establishment of Ayala GREEN, AFI’s Solid- of Muslim Mindanao. ELSA provided training in leadership, was hit by several by the typhoon, and organized special Waste Management (SWM) program continued to generate fund-raising, and community engagement to 160 young natural calamities. We events to raise funds for rescue and significant response from numerous individuals and leaders and 144 officers and members of parent–teacher wept over the death of rehabilitation activities, as well as organizations. One may immediately notice that the amount associations. President Corazon Aquino, other existing AFI projects. AF USA held of recyclables AFI and its partners collect during these fairs we braved the destruction Dining with the Chefs, a benefit dinner has been slowly decreasing in the past few years—in 2007 The role of technology in developing an entrepreneurial brought by typhoons Ondoy and that featured the cuisine of the most about 1,800 tons of recyclables, worth nearly P10 million, was spirit among Filipinos was championed by the Ayala Pepeng, and we stood in horror and anger promising Filipino-American culinary recovered; in 2009 1,300 tons, worth nearly P7 million, Technology Business Incubator (Ayala TBI). In Ayala in the aftermath of the Maguindanao talents, as well as a benefit concert, held was collected. The decline, however, is actually TBI’s facility located at the University of the massacre. in New York, headlined by international a good sign, because it represents a growing Philippines–Ayala Land TechnoHub, a total of 13 star Lea Salonga. AF USA raised over awareness of the importance of proper solid- startup companies were signed up, thus giving But as much as tragic events defined $314,000 for typhoon victims and a reach waste management, as well as the recognition them the chance to showcase and test their the past year, these same events total of $1.42 million to finance its of the economic and environmental value of innovative products and business models. provided Filipinos throughout the world numerous projects. trash. Because of our pioneering efforts, AFI’s the opportunity to show our unity and SWM program has become a model for many other As we enter our 49th year, we at Ayala Foundation solidarity, as well as our dedication to AFI raised over P16 million for institutions in setting up their own recyclables fairs. In are implementing organizational changes to help rebuilding our country and recovering the benefit of families severely addition, Filipinos are fast learning the value of segregating us become more responsive to the needs of the people what we lost. Committed as we affected by the typhoons. A their trash, instead of sending it indiscriminately to sanitary we serve. We hope to achieve greater synergy among our are to eradicating the many significant percentage of the funds raised landfills. projects and activities. Starting in 2010, we will intensify our forms that poverty takes, by AFI was reserved for collaborative commitment in five major areas: education; entrepreneurship; we at Ayala Foundation projects on disaster preparedness. As a trailblazing institution in the area of education and environment and sustainability; history, art, and culture; and also know that this goal youth development, AFI marked a number of milestones community development.
Recommended publications
  • The 16Th Congress
    CongressWatch Report No. 176 Report No. 176 17 June 2013 The 16th Congress In the Senate The 16th Congress will open on 22 July, the same day that President Benigno Aquino III delivers his fourth State-of-the-Nation Address (SONA). The Senate will likely have a complete roster for the first time since the 12th Congress. It may be recalled that during the 2001 elections, 13 senators were elected, with the last placer serving the unfinished term of Sen. Teofisto Guingona who was then appointed as vice president. The chamber had a full roll of 24 senators for only a year, due to the appointment of Sen. Blas Ople as Foreign Affairs Secretary on 23 July 2002, and due to the passing of Sen. Renato Cayetano on 25 June 2003. The 11th, 13th, 14th, and 15th Congresses did not have full membership, primarily because a senator did not complete the six-year term due to being elected to another post.1 In the 2013 midterm elections last May, all of the six senators seeking re-election made it to the top 12, while two were members of the House of Representatives in the 15th Congress. The twelve senators-elect are: SENATOR PARTY PREVIOUS POSITION 1. ANGARA, Juan Edgardo M. LDP Representative (Aurora, lone) 2. AQUINO, Paolo Benigno IV A. LP Former chairperson, National Youth Commission 3. BINAY-ANGELES, Nancy S. UNA 4. CAYETANO, Alan Peter S. NP Outgoing senator 5. EJERCITO, Joseph Victor G. UNA Representative (San Juan City, lone) 6. ESCUDERO, Francis Joseph G. Independent Outgoing senator 7.
    [Show full text]
  • The London School of Economics and Political Science Hegemony
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by LSE Theses Online The London School of Economics and Political Science Hegemony, Transformism and Anti-Politics: Community-Driven Development Programmes at the World Bank Emmanuelle Poncin A thesis submitted to the Department of Government of the London School of Economics for the degree of Doctor of Philosophy. London, June 2012. 1 Declaration I certify that the thesis I have presented for examination for the MPhil/PhD degree of the London School of Economics and Political Science is solely my own work other than where I have clearly indicated that it is the work of others (in which case the extent of any work carried out jointly by me and any other person is clearly identified in it). The copyright of this thesis rests with the author. Quotation from it is permitted, provided that full acknowledgement is made. This thesis may not be reproduced without my prior written consent. I warrant that this authorisation does not, to the best of my belief, infringe the rights of any third party. I declare that my thesis consists of 99,559 words. Statement of use of third party for editorial help I can confirm that my thesis was copy edited for conventions of language, spelling and grammar by Patrick Murphy and Madeleine Poncin. 2 Abstract This thesis scrutinises the emergence, expansion, operations and effects of community-driven development (CDD) programmes, referring to the most popular and ambitious form of local, participatory development promoted by the World Bank.
    [Show full text]
  • Board of Directors
    BOARD OF DIRECTORS JAIME AUGUSTO ZOBEL DE AYALA Chairman of the Board of Directors; director since 1990. Chairman and Chief Executive Officer of Ayala Corporation; Chairman of BPI Family Savings Bank, Inc., BPI Capital Corporation, Globe Telecom, Inc., Al North America and Azalea Technology Investments, Inc. and Integrated Micro-Electronics, Inc.; Vice- Chairman of Ayala Land, Inc. and Manila Water Company, Inc. and Co-Vice- Chairman of Ayala Foundation, Inc., and Mermac, Inc.; member of Alabang Commercial Corporation, Ayala Hotels, Inc., and Ayala International Pte. Ltd.; Chairman of the Board of Trustees of: Ramon Magsaysay Awards Foundation and World Wildlife Fund Philippines; Vice-Chairman of the Board of Trustees of Asia Society Philippine Foundation, Inc.; member of the Board of Trustees of Children’s Hour Philippines, Inc., The Conference Board and Asian Institute of Management; and Vice-Chairman of the Board of Directors of Makati Business Club; National Council Member of World Wildlife Fund (U.S.). 38 GERARDO C. ABLAZA, JR. Director since 2001. Chairman of BPI Globe BanKO, Inc.; Director and Co-Vice-Chairman of Globe Telecom, Inc.; Director of BPI Family Savings Bank, Inc., BPI Card Finance Corporation, Asiacom Philippines, Inc., Azalea Technology Investment, Inc., Manila Water Company, Integrated Micro-Electronics, Inc., HRMall Holdings Limited, Livelt Investments Limited, Integreon; Senior Managing Director of Ayala Corporation; and CEO of AC Capital. MERCEDITA S. NOLLEDO Director since 1991. Chairman of BPI Investment Management,
    [Show full text]
  • Scoping of Legislations on Climate Change and Natural Disasters Vis-À
    Scoping of Legislations on Climate Change and Natural Disasters vis-à-vis Tenure Founded in 1979, ANGOC is a regional asso- ciation of national and regional networks of non-government organizations (NGOs) in Asia actively engaged in food security, agrarian reform, sustainable agriculture, participatory governance, and rural development. ANGOC network mem- Asian NGO Coalition for Agrarian Reform bers and partners work in 14 Asian countries with and Rural Development an effective reach of some 3,000 NGOs and com- 33 Mapagsangguni Street munity-based organizations (CBOs). ANGOC Sikatuna Village, Diliman actively engages in joint field programs and policy 1101 Quezon City, Philippines debates with national governments, intergovern- mental organizations (IGOs), and international P.O. Box 3107, QCCPO 1101, Quezon City, Philippines financial institutions (IFIs). Tel: +63-2 3510481 Fax: +63-2 3510011 Email: [email protected] ANGOC is the convenor of the Land Watch Asia URL: www.angoc.org (LWA) campaign. ANGOC is also a member of the International Land Coalition (ILC) and the Facebook: www.facebook.com/AsianNGOCoalition Twitter: https://twitter.com/ANGOCorg Global Land Tool Network (GLTN). Skype: asianngocoalition About the Authors Dr. Antonio Gabriel La Viña Atty. Joyce Melcar Tan He is a teacher, thinker, She currently consults lawyer, author, social with the Asian Devel- entrepreneur, and an opment Bank on Envi- environmental and ronmental Law in Asia human rights advocate. and teaches Natural He was Executive Resources and Envi- Director of the Manila Observatory from 2016 to ronmental Law, as well as International Climate 2017, Dean of the Ateneo School of Government Change Law at the Ateneo Law School.
    [Show full text]
  • Papal Visit Philippines 2014 and 2015 2014
    This event is dedicated to the Filipino People on the occasion of the five- day pastoral and state visit of Pope Francis here in the Philippines on October 23 to 27, 2014 part of 22- day Asian and Oceanian tour from October 22 to November 13, 2014. Papal Visit Philippines 2014 and 2015 ―Mercy and Compassion‖ a Papal Visit Philippines 2014 and 2015 2014 Contents About the project ............................................................................................... 2 About the Theme of the Apostolic Visit: ‗Mercy and Compassion‘.................................. 4 History of Jesus is Lord Church Worldwide.............................................................................. 6 Executive Branch of the Philippines ....................................................................... 15 Presidents of the Republic of the Philippines ....................................................................... 15 Vice Presidents of the Republic of the Philippines .............................................................. 16 Speaker of the House of Representatives of the Philippines ............................................ 16 Presidents of the Senate of the Philippines .......................................................................... 17 Chief Justice of the Supreme Court of the Philippines ...................................................... 17 Leaders of the Roman Catholic Church ................................................................ 18 Pope (Roman Catholic Bishop of Rome and Worldwide Leader of Roman
    [Show full text]
  • 2017 Annual Report Our Vision Communities Where People Are Productive, Creative, Self-Reliant, and Proud to Be Filipino
    AYALA FOUNDATION IS MOVING TO REACH NEW HEIGHTS To work closely with communities so we can continue helping improve lives. Because the faster we keep moving, the closer we get to a brighter future for the FIlipino. 2017 Annual Report Our Vision Communities where people are productive, creative, self-reliant, and proud to be Filipino. Our Mission Understanding community realities and engaging people in the change process. Acting as catalyst for inclusion to bridge community and business aspirations. Building and nurturing partnerships with public and private groups, civil society, and Ayala to achieve impact, scale, and sustainability for everyone involved. Our Values We have a deep love of country. We believe in shared prosperity. We are creative and innovative. We act with integrity. We strive for excellence. We collaborate and work as a team. 4 MESSAGE FROM THE CO-CHAIRMEN Looking back, moving ahead 8 MESSAGE FROM THE PRESIDENT A year of opportunities 12 OUR PROGRAMS Where we are and what we invest 17 PROGRAM HIGHLIGHTS A quick look at our year 44 ALIGNING WITH THE CONGLOMERATE How we work with the Ayala group 58 COMMUNITIES IN GREATER FOCUS How we build relationships with Filipino communities 70 A LASTING IMPACT ON THE COUNTRY How we contribute to nation-building 84 OUR LEADERSHIP Our board of trustees and management committee TO REACH NEW HEIGHTS 3 4 2017 Annual Report MESSAGE FROM THE CO-CHAIRMEN Dear Stakeholders, Looking back on the past year allows us a chance to reflect on the impact that Ayala Foundation’s programs and projects have had on the country, not only in the recent past, but also since it first began its operations.
    [Show full text]
  • Evaluation of the Sixth UNFPA Country Programme to the Philippines 2005-2010
    Evaluation of the Sixth UNFPA Country Programme to the Philippines 2005-2010 Prepared for: UNFPA Country Office, Manila, the Philippines Prepared by: Dr Godfrey JA Walker M.D. - Team Leader Dr. Magdalena C. Cabaraban, Ph.D. - Mindanao/ARMM Consultant Dr. Ernesto M Pernia, Ph.D. - PDS Consultant Dr. Pilar Ramos-Jimenez, Ph.D. - Gender and RH Consultant November 2010 Evaluation of the UNFPA Sixth Country Programme, Philippines 2005-2010 Table of Contents Page Map of the Philippines iv Acronyms v Executive Summary vii Background and Situation Analysis vii Evaluation Purpose, Audience and Methodology vii Main Conclusions vii Sustainability x Relevance x Impact – Effectiveness xi Factors Facilitating CP Success xi Efficiency xii Main Recommendations for the 2012-2016 Country Programme xii 1. UNFPA and Evaluation 1 2 Scope and Objectives of the Evaluation of the Sixth UNFPA Philippines Country Programme 1 3 Methods Used in the Evaluation 2 4 Country Background and Context 3 5 The Sixth UNFPA Philippines Country Programme 5 6 Review of Implementation of the PDS Component of the Country Programme 9 7 Review of Implementation of the RH Component of the Country Programme 21 7.1 Maternal Health 23 7.2 Family Planning 40 7.3 Adolescent Reproductive Health 47 7.4 HIV and AIDS 55 7.5 UNFPA’s Humanitarian Response Strategy for RH and SGBV 62 8 Review of Implementation of the Gender & Culture Component of the Country Programme 64 9 Review of Implementation of the Sixth Country Programme in Mindanao 75 10 UNFPA and Implementation of UNDAF, Joint UN Programmes and South to South Co-operation 89 11 Monitoring Implementation of the CP and Assessment of Overall Achievement ii Evaluation of the UNFPA Sixth Country Programme, Philippines 2005-2010 of the Targets Set in the CPD and CPAP 2005-2009 93 12 Management of the Country Programme: Complementarity, Coordination and Integration of RH, PDS, Gender and Culture.
    [Show full text]
  • Ayala Group Raises Capex by 21% in 2011 to P79B for Domestic Businesses, Investments in Power and Infrastructure
    The official publication of the Ayala group of companies Volume 15, Number 2, March-April 2011 inside 3 Ayala launches “Immeasurable” 6 Ayala grows net income by 16% to P 2.45 B in the first quarter of 2011 10 AYLC: Leaders in Academics and Service 12 CENTEX Batangas celebrates its 10th anniversary Ayala group raises capex by 21% in 2011 to P79B for domestic businesses, investments in power and infrastructure At Ayala Corporation’s annual stockholders’ meeting on April 18, Chairman and Chief Executive Officer Jaime Augusto Zobel de Ayala revealed that the companies within the group are raising capital expenditures to P79 billion in 2011, 21 percent higher than what they spent in 2010. The bulk of these investments are directed at the group’s domestic businesses, particularly in real estate, telecommunications, water, and banking units, as well as new investments in the power and infrastructure sectors. JAZA said: “The Ayala group is maintaining its focus on its domestic businesses and is looking to maximize growth by broadening customer reach and expanding to new growth centers across the country. The Philippine macro-economic environment has shown positive trends and we intend to participate in a number of the growth opportunities that have emerged.” Ayala’s businesses have been successful in their traditional markets, where they continue to grow and maintain a significant presence. Last year, earnings of its real estate, banking, water, and auto businesses reached new highs, while the performance of its telecom business rebounded in the fourth quarter of 2010, posting its highest quarterly service revenues on record.
    [Show full text]
  • R. MONTINOLA III January 12, 2021
    Volume 7 Issue No. 02 map.org.ph January 12, 2020 Inaugural Address of MAP President AURELIO “Gigi” R. MONTINOLA III January 12, 2021 Our Guest Speaker and Inducting Officer, Secretary CARLOS “SONNY” DOMINGUEZ; our Distinguished Guests from Government, the Diplomatic Community, the Academe and Media; Leaders of the various Philippine Business Groups and Joint Foreign Chambers; “MAP Management Man of the Year” Awardees; MAP Past Presidents; Outgoing MAP President Atty. Francis Lim and fellow MAP Members; dear Friends, Ladies and Gentlemen, good afternoon. I am honored by the trust of the MAP membership, appreciative of your vote of confidence, and inspired by your continued commitment to MAP’s mission of promoting management excellence for nation-building. I wish to thank Atty. Francis Lim and his 2020 Board of Governors for an excellent job in a pandemic year. Let us all give Francis another warm round of applause please. With the support of MAP’s membership, we in the 2021 MAP Board of Governors commit to do our best to pursue MAP’s Mission, reinforce MAP’s main Goals, and build on MAP’s previous Accomplishments. LOOKING BACK AT 2020 First, a look back at 2020. 2020 was unexpectedly a Year of SEVERE and MULTIPLE CRISES. We had and have a HEALTH Crisis. The COVID-19 Coronavirus Pandemic hit the world and the Philippines like a giant sledgehammer. Global statistics show over 20 million COVID-19 cases, over 350,000 deaths everywhere, comparisons with the 1918 Spanish Flu, and fears of a deadlier Second Wave. End December Philippines Department of Health indicators report 439,796 cases, a 92.77% recovery rate, a 5.28% active rate (25,024 cases), and a 1.95% Death Rate (9,244 deaths).
    [Show full text]
  • (PHE) for Executives of Government and Non- Government Organizations
    South-South Exchange on Integrated Population-Health-Environment (PHE) for Executives of Government and Non- government Organizations The BALANCED Project June 2010 Coastal PATH Foundation Resources Center Philippines, Inc. South- This document can be found at http://www.crc.uri.edu/. For more information contact: Coastal Resources Center University of Rhode Island Narragansett Bay Campus South Ferry Road Narragansett, Rhode Island 02882, USA Tel: (401) 874-6224 Fax: (401) 874-6920 Email: [email protected] Citation: BALANCED Project. 2010. “South-South Exchange on Integrated Population-Health-Environment (PHE) for Executives of Government and Non-government Organizations”. Disclaimer: “This document is made possible by the generous support of the American people through the United States Agency for International Development (USAID). The contents are the responsibility of the Coastal Resources Center at the University of Rhode Island as part of the Building Actors and Leaders for Advancing Excellence in Community Development (BALANCED) Project and do not necessarily reflect the views of the United States Government. This document is funded under Cooperative Agreement No. (GPO-A-00-08-00002-00).” Cover Photo Caption: top: PHE meeting in Bilangbilangan Daku village, Philippines; bottom: SSE-PHE participant heading to village meeting Cover Photo Credits: Dr. Joan Castro TABLE OF CONTENTS I. SSE EXECUTIVE SUMMARY ...................................................................................... 1 II. INTRODUCTION............................................................................................................
    [Show full text]
  • Disruption Innovation Strategy
    DISRUPTION INNOVATION STRATEGY “Create breakthroughs to close the growth gap and deliver new sources of value” DR. HITENDRA PATEL Ayala at 185 Years: The Ayala Sustainability Our Leadership Business of Business Building: Faces of Our Social Blueprint: Bridging the | PAGE 20 The AC Energy Transformation Commitment | PAGE 14 Filipino to 2030 | PAGE 18 Story | PAGE 52 DISRUPTION INNOVATION STRATEGY DR. HITENDRA PATEL Helping individuals and teams know when to follow the rules, when to break the rules and when to make the rules, to drive 10x growth. THE BIG PICTURE partnerships, new markets, and new transformational Disruption is inevitable, especially in our highly decisions. Amazon’s response is to treat every day technological, rapidly changing customer and as Day 1 to ensure that the company operates with increasingly more competitive business environment. a startup mindset: nimble, flexible, and constantly What is certain is that the future will continue to challenging the status quo. create shockwaves that will redefine if not reshape entire industries. Enterprises will have no choice THE BOTTOMLINE but to adapt to the speed of change and relentlessly The enemy of innovation is complacency, but the innovate to create value in new—and often last five years has shown that Ayala is anything but unexpected—ways. complacent. Ayala has made innovation a strategic imperative and its leaders broadly and frequently THE DETAILS communicate the importance of innovation. It has Today’s global landscape is dotted with the success invested in building innovation management systems stories of entrepreneurs whose unconventional across the organization and trained hundreds of ideas are upending tried and tested business individuals and teams in innovation, to be “future- models, and whose companies have displaced ready.” Ayala’s efforts have been recognized by the market leaders in every market.
    [Show full text]
  • The OML Center: Front and Center in Addressing Climate Risks
    SEPTEMBER 2013 www.lopezlink.ph Asian Eye’s 12th anniversary treats! Get a free eye checkup at Power Plant Mall on Sept. 9-11. Lopez Group employees also enjoy 15% off on eye plastic surgery services! Story on page 10. http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph The OML Center: Front and center in addressing climate risks IN the World Bank’s 2009 report, Convenient Solutions to an Inconvenient Truth: Ecosystem-based Approaches to Climate Change, the Philippines topped the list of the countries most vulnerable to “frequent and more intense storms,” one of the main threats arising from climate change that also includes droughts, floods, rising sea levels and greater uncertainty in agriculture. Turn to page 6 KidZania September finds A Disney musical Manila to open at Power Plant journey …page 4 in 2014 …page 3 Mall …page 12 Lopezlink September 2013 Lopezlink September 2013 Biz News Biz News PHOTO BY: VER JANUARY TO JUNE 2013 FINANCIAL RESULTS (UNAUDITED, CONSOLIDATED) Lopez Holdings attributable Net income/(Loss) attributable to At the Midyear Performance Review TOTAL REVENUES equity holders of the parent company 2012 2013 % change 2012 2013 % change O We are only stewards–AMML net income at P1.424B NIC ABS-CBN P13.838B P17.061B +23 P927M P1.339B +44 A AMBASSADOR Manuel The ambassador expressed He also paid tribute to LOPEZ Holdings Corpora- Land Corporation in May We fully support these new GU Lopez Holdings P50.450B P45.281B -10 P5.451 B* P1.424B -74 M. Lopez (AMML), chair- full support for the Lopez recently retired Group comp- tion reported P1.424 billion 2012.
    [Show full text]