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What is 5 S?

My first job was at a small IT firm here in Davao. It was a good start for an aspiring IT professional to be employed at that company. There was much learning not only from a technical point of view, but also in terms of business logic and human resources. One of which would be the 5S. I first encountered the term at that company but they never did tell us what those 5 S's were. When our HR officer says "Let's do a 5S!", all employees proceed to general cleaning. We dust out the dirt from our system units, wipe our monitors' screens, and clean the balls of our mouse. Until the time I left the company, I didn't know what 5S means. All I know is 5S means cleaning. Good thing though is that I took up MBA (Masters in Business Administration) where I first encountered the term TQM (Total Quality Management). In TQM, high product quality will enable the business to save on costs and improve bottom line (profit in most cases). Here, I learned about how the Japanese d...

ener.gee incorporated

Tried this site out of curiosity and from some blog review site. It's some sort of online game that gives you $100 million to run you own company . I have created the "Rixxtech" company for $100 with Stock Price of $ 11.82 per share (Well I don't really know how they computed that 11.82). From what I know, incorporators decide on how much the price per share should be (not too big so as to avoid high taxes, and not too small to be able to attract investors). The challenge is " can you run a Green Energy Company ?" What is a Green Company? To be considered a Green Company, part of their goal should be to minimize the damage that the business may have caused the environment. The company seeks to be as environment friendly as possible. Now for this site, they are challenging any business minded individual to run a Green Company-- an Energy Company. It's a good practice though. For those who want to start their own business, practicing in some online in...

Real Estate (Investment Opportunity)

A time for investment is at hand for those real estate enthusiasts. An 11 hectare land is for sale at Brgy. Bayabas, Malita, Davao del Sur. The land is ideal for: Retirement purposes Farming (The land is fertile. ) Banana Mangoes Coconut etc. Mountain Resort Here are some photos: You may contact the following numbers for more information and negotiation of price: (082)2342427/ 09193587893/ tonnieemberda@yahoo.com

Review Sites and their reviews

Before we engage in buying a product or availing a service, we try to know beforehand if it's worth the risk. Before we give our money for something, we need some sort of guarantee for that something. Often times when I want to know something about a product or service, I start blog-hopping. It's amazing how this blogging craze is contributing to the Information age. It's now very easy to find opinions about certain products or services. Take note however, that those are only opinions. Well, it's tiring to go blog-hopping because it is time consuming. We are not also guaranteed with correct information or at least credible opinions. One good thing though is the existence of review sites. Review sites are websites that contain different ratings for different products or services. Although these ratings are also opinion-based, there is a huge probability for its credibility. What's good also is that we don't have to visit different websites. A review site is a one...

Technology Tour

Calling all IT professionals and IT enthusiasts. There will be an incoming Technology tour at Cebu this coming April. This is a great opportunity for both business and career enhancement. Interested? email me for your reservation . Please state your name and contact number.

On Principles of Management

Business school has taught us about Management. There are five functions of Management (Henry Fayol): 1. Planning 2. Organizing 3. Leading 4. Coordinating 5. Controlling Planning is the cognitive process of thinking about actions or accomplishments beforehand. This provides direction to a manager as to where to direct necessary actions and anticipate problems. Organizing which is next to planning is where the manager assigns tasks to different individuals or groups within the organization, for them to help carry out the plan. Leading is where the manager directs the actions of the organization. This reminds me of some statements given to us by our HBO instructor: which of the following statements is true? 1. All Managers are Leaders. 2. All Leaders are Managers. Come to think of it, I still don't know the answer lol. Coordinating : Whereas leading is where the manager commands, coordinating is where the manager tries to make things or people work together. Can you be called a leade...

Yahoo to reject Microsoft's offer

It was to be expected (in my opinion). The Wallstreet Journal reports that Yahoo's board plans to reject Microsoft's $44.6 billion bid by sending a letter tomorrow stating their position. Although I don't agree with them that the proposal undervalues Yahoo that much. I do agree that Microsoft has taken advantage of Yahoo's recent weakness in share price. An interesting scenario they picked up though: "Search Advertising Partnership with Google Inc." Hmmm... wouldn't that be quite a monopoly?