Connect with us

BizNews

Entrepreneurs turn their passions into business ventures

With MSMEs comprising 99.5% of business enterprises in the Philippines, the need for them to adapt to the changing market and increase their reach is more important than ever.

Published

on

With MSMEs comprising 99.5% of business enterprises in the Philippines, the need for them to adapt to the changing market and increase their reach is more important than ever. Recognizing this, the Department of Trade and Industry (DTI) has identified the digitization and innovation of MSMEs as one of their key priorities as they continue to improve productivity growth and generate employment opportunities among MSMEs. Many entrepreneurs now go online to scale their businesses through the variety of tools, features, and opportunities that e-commerce offers.

E-commerce platforms such as Shopee are not only accessible, but also a more seamless way for all kinds of businesses to go online. With its wide reach and initiatives such as Shopee’s first mega sale of the year, the 3.3-3.15 Mega Shopping Sale, sellers such as Geline and Camil are able to find new opportunities for their businesses spurred by two deep passions: love for fashion, and advocating animal rights. 

From fashion enthusiast to loungewear entrepreneur

From being an avid online shopper, Geline’s background and love for fashion enabled her to thrive as an online seller. With her knowledge of the tiangge (bazaar) market scene, she initially sold her mother’s creations of printed dresses in a brick-and-mortar store. When the popularity of e-commerce platforms grew in 2020, Geline decided to ride the wave and bring her business online selling sleepwear and loungewear that she designs herself at Trend Studio Manila

Shopee continues to be Geline’s platform of choice, even now that she’s a seller. She started joining Shopee’s monthly campaigns mid-2022, and saw first-hand how the added exposure from marketing campaigns helped her reach more customers. At present, Geline has more than 50 staff who help sew and reproduce her own designs. She even recalls being overcome with the feeling of kilig after acquiring a truck for her business and buying their family’s dream house.

“At first, I never saw myself as a full-time entrepreneur when I started selling online. Shopee has made it easy for me to channel my passion and capabilities, and grow our business in order to support my family and my staff. When my staff tell me stories about how they’ve renovated their homes or set up their own sari-sari stores, I feel so proud and happy because all of us share our accomplishments,” Geline shared.

A pet supply store rooted in animal rights advocacy 

Camil is a passionate animal rights advocate and part owner of House of Sioco Pet Supplies. Her online selling journey started with her buying pet supplies in bulk for their 35 rescued cats and dogs at home. When her husband Mac pitched the idea of selling some of the items online, Camil was hesitant at first because they were unfamiliar with this new terrain, but they chose to persevere. 

While there was a learning curve in navigating the platform, Camil and Mac’s hard work paid off. They availed of Shopee’s marketing packages and saw their orders double and even triple during big campaigns.They now offer about 800 product listings and average over a thousand orders per day during double-day campaigns.Their efforts in sending product photos, replying to buyers’ messages, and mentoring staff on excellent customer service, have enabled a culture of trust with both clients and her team. With this, Camil hopes to be an inspiration to other online sellers who are afraid to take the leap.

She shared, “Shopee gave us a stepping stone as passionate pet lovers and now a strong foundation as entrepreneurs. The opportunities that they have given us enabled us to grow our business while still delivering quality service to our customers who have put their trust in us. I hope my fellow sellers will take advantage of these opportunities and always put customer service at the heart of their businesses.”

Geline and Camil are a testament to what sellers can achieve on Shopee. This 3.3-3.15 Mega Shopping Sale, catch discounted products and vouchers from Trend Studio Manila, House of Sioco Pet Supplies, and many more! For more information about Shopee’s 3.3-3.15 Mega Shopping Sale, make sure to visit https://shopee.ph/m/3-3

BizNews

Modern slavery is a business decision – not an accident

Many organisations focus on compliance, reporting and audits, yet fail to build the relationships and trust needed to identify and tackle exploitation. In some cases, competitive pressures and mistrust between firms actively prevent collaboration that could reduce risks. 

Published

on

Modern slavery persists because the way global supply chains are designed allows it to remain hidden, according to new research led by Professor Glenn Parry from the University of Surrey and Dr Mike Rogerson at the University of Sussex.  The findings argue that exploitation often stems from business decisions that cut costs by pushing work further down the supply chain, leaving companies with little direct contact with workers and less visibility over how they are treated. 

Around 27 million people worldwide are estimated to be living in conditions of modern slavery, embedded within the production of everyday goods and services. While governments have introduced laws to force companies to report on risks, the research suggests that disclosure alone is not changing behaviour in a meaningful way. 

Instead, firms often maintain distance from the most vulnerable parts of their supply chains. This distance can be geographical, organisational or even digital, such as the use of algorithms that control workers without direct oversight. As a result, companies rely on indirect signals rather than engaging directly with workers, leaving serious gaps in knowledge and accountability. 

The special issue on “Modern Slavery and Supply Chain Management”, published in Supply Chain Management, brings together insights from multiple international studies across sectors including construction, social care, logistics and global manufacturing. Drawing on interviews with practitioners, workers and experts, as well as analysis of corporate reports and policy frameworks, the work examines how governance, partnerships and digital systems shape labour conditions across complex supply networks. 

Glenn Parry, co-editor of the issue and Professor of Digital Transformation at the University of Surrey, said: “Modern slavery is a problem buried in supply chain structures and it is often the result of how those chains are built and managed. When companies prioritise cost and efficiency above all else, they create the conditions where exploitation can thrive.”

The research found that many organisations focus on compliance, reporting and audits, yet fail to build the relationships and trust needed to identify and tackle exploitation. In some cases, competitive pressures and mistrust between firms actively prevent collaboration that could reduce risks. 

It also finds that partnerships between businesses, governments and NGOs can help, but only when they are built on genuine understanding and shared goals. Superficial collaboration risks becoming a tick-box exercise rather than a driver of real change. 

A major recommendation is to shift focus from reporting to knowledge. Companies need to invest in understanding their supply chains in depth, including listening directly to workers. Bringing “upstream voices” into decision making is seen as critical to designing effective anti-slavery measures. 

Professor Glenn Parry added: “If we are serious about tackling modern slavery, we need to stop treating supply chain complexity as an excuse. It is often a choice. That means it can be changed.” 

Continue Reading

BizNews

Long-serving CEOs may weaken innovation, study finds

Companies led by long-serving chief executives may become less innovative over time unless challenged by strong independent boards.

Published

on

A new study from the University of East London has found that companies led by long-serving chief executives may become less innovative over time unless challenged by strong independent boards.

The research examined 215 FTSE 350 companies over an 11-year period between 2010 and 2021. It explored how CEO tenure and independent directors influence a company’s “R&D knowledge stock”, which is the research, expertise and technological capability built through investment in innovation.

The study published in the journal Corporate Governance found that CEOs who remain in office for many years often become more cautious and less willing to back risky research and development projects. These companies were more likely to reduce investment in innovation and long-term technological growth.

Firms with higher numbers of independent directors were more likely to continue building innovation capacity with experienced CEOs and independent directors forming an effective partnership, to combine deep company knowledge with outside challenge.

However, both experienced CEOs and independent directors become more cautious and less willing to back risky research and development projects when the company fails to meet performance aspirations, suggesting that independent directors do not have stable risk preferences.

The findings suggest that innovation is shaped not only by technology and finance, but also by leadership culture and corporate governance structures.

Author Dr Igbekele Sunday Osinubi, of the Royal Docks School of Business and Law, said: “Long-serving CEOs can bring valuable experience and stability, but there is also a risk that leaders become too cautious or too attached to existing ways of thinking. Our findings show that independent directors play an important role in encouraging companies to continue investing in innovation, especially during difficult periods when firms may otherwise retreat from long-term research and development.”

He added: “This matters beyond individual companies. Innovation drives productivity, competitiveness and economic growth. The study highlights how governance structures can influence whether firms continue building the knowledge and technologies that shape future industries.”

The paper argues that regulators and policymakers should consider governance reforms and incentives that encourage long-term innovation strategies, particularly in firms led by long-serving executives. The findings may also influence how boards think about CEO succession planning, oversight and the balance between short-term financial pressures and long-term investment.

Osinubi’s research, “Long CEO tenure, independent directors and R&D knowledge stock: the moderating effect of performance shortfalls”, was published in the Corporate Governance: The International Journal of Business in Society

Continue Reading

BizNews

Office owners or managers, take note: Increased risk of bullying in open-plan offices

In traditional open-plan offices it is easier to notice colleagues’ shortcomings and become irritated by them. If someone gets frustrated and takes it upon themselves to “do something about” a colleague’s behaviour, and there are no clear guidelines for handling such situations, there is a risk that it may escalate into bullying. Those who are subjected to bullying lack access to a private space for retreat. 

Published

on

Open-plan offices entail a clearly increased risk of workplace bullying compared with employees having their own office or sharing with just a few colleagues. This is shown in research from Linköping University, Sweden. 

“Increased bullying is a tangible negative consequence of how you choose to organise the workplace. It’s important to highlight this, as it hasn’t previously been examined,” says Michael Rosander, professor at the Division of Psychology at Linköping University.

Open-plan offices, where many employees share the same space, have become increasingly common. Employers often justify this development as a way to use premises more efficiently and to encourage creative interactions between employees. However, research has shown that open-plan offices do not promote health, job satisfaction or productivity.  

Until now, it has been unclear whether open-plan offices also affect the risk of bullying and employees’ motivation to look for another job. Through surveys of more than 3,300 randomly selected individuals in employment in Sweden, Michael Rosander has now provided an answer. The results are published in the journal Occupational Health Science. 

Thirty per cent of those with some form of office-based work reported that they worked in a traditional open-plan office with no access to private space. Thirteen per cent worked in so-called activity-based offices, where employees spend part of their time in an open-plan environment but also have access to designated rooms for tasks requiring peace and quiet. The remainder had their own office or shared one with only a few colleagues.

For traditional open-plan offices, the survey responses showed a clearly increased risk of bullying compared with those who had their own office or shared an office with only a few colleagues. The difference remained regardless of factors such as personality traits and the extent of remote working. This suggests that the problems are indeed caused by the work environment in the office.  

The researchers’ explanation is that in traditional open-plan offices it is easier to notice colleagues’ shortcomings and become irritated by them. If someone gets frustrated and takes it upon themselves to “do something about” a colleague’s behaviour, and there are no clear guidelines for handling such situations, there is a risk that it may escalate into bullying. Those who are subjected to bullying lack access to a private space for retreat. 

Activity-based open-plan offices, by contrast, showed no increased risk of bullying, likely due to the availability of private spaces. However, in both types of open-plan office, employees were more likely to consider changing jobs. One possible explanation is that activity-based offices also involve more distractions, according to Michael Rosander.

For employers who have introduced, or are planning to introduce, open-plan offices, there are some lessons to be learned. One is to be prepared to deal with irritation and conflicts before they escalate. Another is the importance of providing rooms where employees can work undisturbed. Placing individuals with similar needs and tasks near one another may also reduce the risk of disruption.

“Traditional open-plan offices are in themselves negative for the individual, for productivity, and make people more likely to leave their job. Social interaction also suffers. So it’s worth considering how to handle it,” says Michael Rosander.

Continue Reading
Advertisement
Advertisement

Like us on Facebook

Trending