May COO po ba sa kumpanya niyo? Musta po siya?

[1D4LV]

i am one, but i am not the child of owner.
operating officer lang po.

[Altis6453]

Ask ko lang po at sana wag magalit. Accountable po ang COO?

Ang sanctions po sa COO pareho sa ordinaryong empleyado?

Posible po na mas malaki ang candidato na worthy successor kung tumingin sa ibang tao din po? Di naman mawawala ang pag-aari ng kumpanya sa pamilya kung kumuha ng empleyado po diba?

Naiintindihan ko din po na ginagawa din ito para maintindihan ng anak ang negosyo.

If you'll be strict about it, a COO has more accountability due mainly to his day-to-day responsibilities. If the company is organized as a corporation, as opposed to a single prop or partnership, he is answerable to the President and to the Board of Directors who appointed him.

I guess for family corporations, its not about losing ownership but more of ensuring that control is retained by a family member. Also, there is the idea of grooming the child as the successor of the owner in the business.

[6shooter]

If you'll be strict about it, a COO has more accountability due mainly to his day-to-day responsibilities. If the company is organized as a corporation, as opposed to a single prop or partnership, he is answerable to the President and to the Board of Directors who appointed him.

I guess for family corporations, its not about losing ownership but more of ensuring that control is retained by a family member. Also, there is the idea of grooming the child as the successor of the owner in the business.

Paanu po kung di nag deliver ang anak? Madalas po ba na pinapalit ang anak para sa isang mas magaling na tao?

Paanu po ang evaluation ng anak?

Kadalasan po nakuha ba ang posisyon ng anak based on merit o genetics? Di ba po medyo feudal ang sistemang eto?

[uls]

Limited ang growth ng family-owned businesses unless they bring in professional managers and give them autonomy in decision-making.

If Henry Sy or John Gokongwei didnt allow non-relatives to run their companies, they would never have gotten so big.

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Blood will always be thicker than water. Mas mahaba ang pasensya ng magulang sa anak kesa sa hindi anak.

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Thing about family-member controlled companies is that decisions from the top are always final even if those decisions dont make much sense.

[Altis6453]

Paanu po kung di nag deliver ang anak? Madalas po ba na pinapalit ang anak para sa isang mas magaling na tao?

Paanu po ang evaluation ng anak?

Kadalasan po nakuha ba ang posisyon ng anak based on merit o genetics? Di ba po medyo feudal ang sistemang eto?

If you think about it, if the proprietor of a business employs his child as one of the officers of the company, it'll probably have little to do with merit or his ability to deliver results. Siguro, that's what every parent would want from their children. The reality of it though is that its more of a trust issue. Kahit merong mas magaling na tao sa anak ng may-ari ng negosyo, mas matimbang at mananaig pa rin ang tiwala mo sa kamag-anak mo.

Some notable exceptions are Henry Sy, Sr. and Tessie Coson, John Gokongwei and Lance Gokongwei. The children of both these tycoons are very business savvy and have proven their worth in their family's businesses.

[6shooter]

Some notable exceptions are Henry Sy, Sr. and Tessie Coson, John Gokongwei and Lance Gokongwei. The children of both these tycoons are very business savvy and have proven their worth in their family's businesses.

Mas exception po sila kaysa ang rule? Sa bagay po kahit sa negosyo di naman lahat mag-succeed din diba. Nasa galing lang talaga at swerte at timing at X-factor.

[Altis6453]

The 2 examples I cited are the ones who are extremely successful in running the business originally established by their parents. There could be others who have been even more successful but probably not as high profile as Tessie Coson and Lance Gokongwei.

[van_wilder]

Ask ko lang po at sana wag magalit. Accountable po ang COO?

Ang sanctions po sa COO pareho sa ordinaryong empleyado?

Posible po na mas malaki ang candidato na worthy successor kung tumingin sa ibang tao din po? Di naman mawawala ang pag-aari ng kumpanya sa pamilya kung kumuha ng empleyado po diba?

Naiintindihan ko din po na ginagawa din ito para maintindihan ng anak ang negosyo.

it depends on how you look at it. some see it kasi as more of power, me as responsibility. thats why dapat as early as bata palang yun successor exposed na siya sa family business, so maging familiarized siya and nobody knows it more than him. if ibang tao ang mas-worthy successor, IF kung mas worthy siya, chances are ma-pirate siya ng competitor. if hindi siya inofferan, sad to say hindi siya worthy. tingin nya lang worthy siya. usually kaya sa anak pinapasa kasi its more of trust issues. isolated case lang din kasi yun may masmagaling kaysa sa anak.

if pumalpak yun anak, accountable siya sa sarili niya. buhay nya and family legacy yun nakataya. theres nothing more valuable than that.

[Flagg]

...i've worked with a couple of family owned business and i tell you, its really very challenging. its not run professionally, no matter how hard you worked or how "good" you are, when the owner says no, that's it. sayang effort mo.

ang labanan sa mga family owned business ay sipsipan. no matter how rotten you are, basta magaling sumipsip at mambola, you will have your way.

For sir 6shooter: opo meron COO. Magaling po sya at ang gwapo po nya.

For Asus: inspite of all that, for some reason, ang daming pera ng mga company na ito...

[smooth]

it depends on how you look at it. some see it kasi as more of power, me as responsibility. thats why dapat as early as bata palang yun successor exposed na siya sa family business, so maging familiarized siya and nobody knows it more than him. if ibang tao ang mas-worthy successor, IF kung mas worthy siya, chances are ma-pirate siya ng competitor. if hindi siya inofferan, sad to say hindi siya worthy. tingin nya lang worthy siya. usually kaya sa anak pinapasa kasi its more of trust issues. isolated case lang din kasi yun may masmagaling kaysa sa anak.

if pumalpak yun anak, accountable siya sa sarili niya. buhay nya and family legacy yun nakataya. theres nothing more valuable than that.

+1

at the end of the day, its all a question of trust. can anyone be more trustworthy than your own child? e ang employee, kahit gaano kagaling pa yan, mas malaki ang chance na ma-pirate or masuhulan yan ng competing companies. pera't pera lang ang usapan dyan.

if you ask me, kahit gaano pa kapalpak ang anak ko, mas may tiwala pa din ako sa kanya kaysa sa employee na hindi ko kadugo. malay ko ba kung nasusuhulan na pala yang employee ng ibang kumpanya. also, malay mo kung matapos mo i-promote ng sobrang taas ang employee e biglang tanggalin niya ang equity mo sa kumpanya.

Some notable exceptions are Henry Sy, Sr. and Tessie Coson, John Gokongwei and Lance Gokongwei. The children of both these tycoons are very business savvy and have proven their worth in their family's businesses.

dagdag ko lang ang mga ayala. JAZA (jaime augusto) IIRC has a double masters from harvard, graduated magna cum laude from the same institution, and is a calculating businessman. he pushed for globe telecom at a time when shareholders were criticizing him. if you recall, globe was in red ink for its first three years of operation. practically everyone was telling him to let go of globe. besides, hindi naman daw nila core competency ang telecommunications. but JAZA held onto globe, telling everybody its the next big thing, even against conventional wisdom at the time. now, globe is one of the ayala group's biggest profit centers. talk about being able to see around the corner.

May kaibigan po ako na nag tra-trabaho sa isang malaking lokal na kumpanya. Ang tawag po nila sa anak ng may ari na dun nag work ay COO o Child Of Owner. May mga isyu sila sa kanya pero dahil anak siya ng may ari di nila masabi sa boss. Anu po ang tingin niyo sa mga kumpanyang ganito. Madalas po ba makakakita ng ganito?

lipat ka na ng kumpanya. personally, hindi ako mag-aatubiling sipain ang sampung magagaling na empleyado kaysa sa anak ko. anak ko yun e.