He has holdings in telecommunications, financial services, petrochemicals, power generation, aviation and live stock farming. Gokongwei also owns Universal Robina Corporationone of the largest manufacturer of snacks in Southeast Asia.
This conglomerate has the reputation of being the most diversified in the Philippines when compared to other publicly listed holding firms in the country today. He adopted strategy of diversification by building his own enterprise and by acquiring other companies, this is one of his many ways to gain competitive advantage.
He diversified into food, textiles and garments, retail, power generation, real estate, shopping centers and hotels, aviation, finance and banking, telecommunication, oil exploration, petrochemicals, publishing, convenience store and restaurants which he consolidated by creating a holding company now known as the JG Summit Holdings, Inc.
He made all of these in a span of five decades, that no other company in the Philippines can match the number of industry sector he entered. Best practices of an entrepreneur was also discussed, so we can try to replicate what John Gokongwei Jr.
It implements a mix of strategy aimed to gain competitive advantage in business. That turns adversity into opportunity.
He shared the John l gokongwei jr a he had gained over his eighty years of his life, emphasized his unwavering faith in the human capacity to surmount barriers, even those barriers were created by human mind. This book even explored the terrain of the entrepreneurial mind and made us realize that entrepreneurship is something that each of us can achieve if only we try hard, dream big, and take risk.
How does it apply to this course? How is it relevant? This book is a study of one of the most successful Chiness-Filipino entrepreneurs in our country, John Gokongwei Jr.
This book endeavors to shed light on the thinking and behavior of an entrepreneur and to illustrate the patterns of successful decision-making. From this book, it gives us an overview of the characteristics of an entrepreneurial mind.
In particular, the personality and leadership style of John Gokongwei Jr. This book is most relevant in this course primarily on the approaches and strategies of human behavior on the entrepreneurial side of an individual. It examines the leadership skills, abilities and personal traits of John Gokongwei Jr.
The human behavior that has been more discussed and emphasized were his competitiveness, hard-work, the importance of education, mentoring and role models, the value of frugality, his willingness to take risks, his creativeness and innovativeness and his shrewd businesses instincts which differs him from the rest.
Managers of today needs this skills to cope with the unexpected, in order to survive global competition. We need to identify opportunities and transform them into new business ventures even in the midst of turbulence and rapid change.
In order to manage different organizations in different situations, that deals adequately in response to the demands of a turbulent and rapidly changing environment. Strength s of the book This book inspires individuals and entrepreneurs in the success stories of John Gokongwei Jr.
His entrepreneurial success stories have the capacity to provide inspiration and to give interest in entrepreneurship. This book gives the idea to his contributions in the Philippines in developing capitalism and entrepreneurship in the region.
And how to make his country a great nation. We then realize that an entrepreneurial success will not happen overnight, but it will be a product of years of hard work and sacrifices.Chinese Filipino businessman,John pfmlures.com’s the chairman of JG Summit Holdings, among the largest conglomerates in the Philippines.
born Move Ek-hui on August 11, ) is certainly a Filipino business magnate, trader, and philanthropist.5 billion by June , regarding to Forbes. By , Gokongwei may be the third richest person in the Philippines with a net pfmlures.com Ranked by Forbes Asia as the third richest entrepreneur of the Philippines in the year , John L.
Gokongwei Jr., is a Chinese-Filipino business man who was born on August 11, had spent his childhood in Cebu, Philippines.
Awards and Citations.
In , Chairman Emeritus John L. Gokongwei, Jr., received the Legacy Award from the ASEAN Business Advisory Council (BAC) and the Management Man of the Year Award from the Management Association of the Philippines (MAP).pfmlures.com Robinsons Retail Holdings, Inc.
is the second-largest multi-format retailer in the Philippines. With over 30 years of retail experience, the company possesses a deep understanding of Philippine consumers and enjoys market leading positions across all its business pfmlures.com John L.
Gokongwei Jr - Recent News and Activity | Crunchbasepfmlures.com Dr. John L. Gokongwei, Jr., serves as the President of JG Summit Capital Markets Corp.
Dr. Gokongwei founded URC International Co. Ltd. in He has been an Executive Director at JG Summit.