Henry Sy, known as the “Father of Philippine Retail” is considered the number on
ID: 369306 • Letter: H
Question
Henry Sy, known as the “Father of Philippine Retail” is considered the number one in Philippines’ richest man. He was born October 25, 1924 in the village of Ankhue, in the Jinjiang county (now city) of Fujian province, south China.
His business success story as a Filipino entrepreneur has been phenomenal. In 2002 he astounded most analysts when he tapped Asia’s wealthiest billionaire, Hong Kong’s Li Ka-Shing, to invest in the Philippines through a joint venture between the SM group and Li’s Watson retail chain.
His retail and other businesses aside, Sy is the power behind Banco de Oro Universal Bank and the 85-year old China Banking Corp., which his group took over in early 2005. He became a major force in promoting Philippine tourism after taking control of Tagaytay Highlands, a prime property and one of the projects Highlands prime Inc. (the real estate arm of publicly- listed Belle Resources), where Sy and sons Henry Jr. and Hans sit as board members. Tagaytay Highlands is a strategic complement to similar projects in Baguio and Cebu, and that gave the Philippines “a world- class resort community.”
His dream project, the Mall of Asia, completed in the Manila Bay reclamation area, sits on 90 hectares. The Mall of Asia is envisioned to be the premiere destination mall in the Asia Pacific region.
It is in the mall business that Sy has eminently distinguished himself. It is interesting to note that Sy’s SM Group of Companies, one of the Philippines’ biggest conglomerates, started as a shoe-retailing store on Carriedo Street in Quiapo, Manila.
Knowing about Henry Sy’s business empire, how would you describe his leadership from the investment, humanistic, sustainable perspectives ?
Question 1. Summarize the case
Note: Clear presentation of a summary of the case, focusing on the nature of the situation, what is going on, what the main issues are, and what needs to be done / decided on.
Question 2. Point of View - Who is/are your POV? Why?
Note: Able to identify a logical perspective to take in analyzing the case. The person has to be in a position to take action on the case issue/s. (Should it be from the POV of an MBA student, struggling entrepreneurs?)
Question 3. Statement of Objectives - What are the objectives of this case?
Note: The objectives are realistic and aligned with the problem. It is specific to addressing the issues relevant to the case.
May include both short-term and long-term objectives.
Question 4 Learning Points - What have you learned from the case?
Note:Summarizes what the case analysts have learned while analyzing the case. Cites specific management principles (and sources) applied without necessarily detailing what they are about
Explanation / Answer
Question 1. Summarize the case
The case is about rise and rise and rise of Henry Sy, the richest man of Philippine and Father of Philippine Retail who though born in a modest family started business as a shoe-retailing store rise to the top level and own a conglomorate which is the largest in Philippine.The case decribed about the assets he has and how he building the stone he dreamt.
Question 2. Point of View - Who is/are your POV? Why?
It should be decided after listening to the class so can't be aswer here,but try to put the POV of that student who summarize how Henry shy rose to this level with his business acumen and leadership skill.
Question 3. Statement of Objectives - What are the objectives of this case?
Objectives of the case are a person can become a successful entrepreneur through positive thinking, risk taking capability, proper business decision and being a visionary person.
Question 4 Learning Points - What have you learned from the case?
In this case we can learn that how business empire can be grow from a small business.It only demand strong will power and a proper mission and vision.
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