Download Management Reflection Paper 2 and more Exercises Management Fundamentals in PDF only on Docsity! Mc Neill A. Sabid MNGT 4121 BSMA 3-2 1. Name one strategist you admire (local/international). Explain the reason for choosing him/her. Give his/her contributions to the organization he/she belong or to the community at large. I admire the late Henry Sy of SM Investments Corporation for his admirable action and legacy towards the corporate world. As their visions says - to build world- class businesses that are catalysts for development in the communities we serve. This is what we called a success story or rags to riches. He started from nothing and now there are around 72 SM branches in the Philippines already. Just imagine how much profit those malls generate. Its mission also says this: “We will partner with our host communities to provide a consistently high standard of service to our customers, look after the welfare of our employees and deliver sustainable returns to our shareholders, at all times upholding the highest standards of corporate governance in all our businesses.” He doesn’t only care about his own business, but also for the betterment of the people working for the organization, and also for the economy of the country. This made him and SM go to the top. When taking up business, you have to start thinking about your society as well. Your customers and your workers. Your country as a whole. Remember that for every single centavo you earn, impacts the economy as a whole. Henry Sy is always ahead of what he is facing. Always ready for factors that might affect the flow of the business. Having back up plans as always for multiple phenomena, situations, and problems that the company may face. The takeaway here is that, from a simple person or retailer, he did not settle just for that- for less. He always strived for more. So as his business grew, he had always countless and unlimited ideas for possibilities that has contributed to the expansion and innovation what is SM today. It’s all about what you can contribute not only to your business, but also to the ones involved on that thing as well. SM has scholarship programs and charity events too I forgot to mention, and they have this SM Foundation. It’s all about the contribution to the community after all- the reason why people always patronize SM. 2. Choose one business organization (local/international). Present their vision, mission, and objectives - then make a commentary regarding on its respective characteristics you notice. I chose Xiaomi company (an international business company/organization) and below is their vision, mission and objectives: With the vision of being friends with its users and being the “coolest company” in the hearts of its users, Xiaomi is committed to continuous innovation, with an unwavering focus on quality and efficiency.
