Table of Contents
- 1 What do you think is the most significant contribution of Henry Sy to Philippine economy?
- 2 What do you think are the characteristics of Henry Sy that you can adapt and apply in starting to venture your own business?
- 3 What are the most important lessons that you learned from Henry Sy’s story?
- 4 What is the most important lesson that you learn from Henry Sy story?
- 5 Who is Henry Sy and what does he do?
- 6 How many shopping malls does Henry Sy own?
What do you think is the most significant contribution of Henry Sy to Philippine economy?
Labor Secretary Silvestre Bello III on Saturday underscored late tycoon Henry Sy Sr.’s contribution to the Philippines’ workforce. “His biggest contribution is providing employment to millions of Filipinos!
What innovations or business did Henry Sy contribute to the world?
On his passing just a fortnight ago, Henry Sy was the richest Filipino on the Forbes list of world billionaires. He started selling shoes to the masses and made it big into many directions of business. As a result, his company is a big presence in the Philippine economy today.
What made you inspire in the story of Henry Sy?
Learning from others: Henry Sy Learn lots of innovative things from his suppliers, employees, and customers. With intensive on-site job research, he got enough confidence to expand his business to the department store chain. In life many needs are grow-out and to fulfills these needs, you should become determined.
What do you think are the characteristics of Henry Sy that you can adapt and apply in starting to venture your own business?
His philosophy and principles in business have made him a very effective and successful entrepreneur, and have established for him a reputation that has made him an example of what it means to be a businessman. Four words can be used to describe Henry in general: creative, diligent, persistent, and optimistic.
What is Henry Sy contribution to our economy?
“He made his billions working hard, first selling shoes, to build a current conglomerate of giant malls, real estate, banks, financial services, insurance, retail, and a dozen of other businesses,” he noted. Senator JV Ejercito said Sy was “definitely a mover and a game changer of the Philippine economy.”
What are the achievements of Henry Sy?
His achievements have earned for Mr. Sy an Honorary a Doctorate Degree from the De La Salle University with an Honorary Doctorate in Business Management in 1999. In 2005, the Philippine Retailers Association named him the “Father of Philippine Retail.” A man with few words and a big heart, Mr.
What are the most important lessons that you learned from Henry Sy’s story?
The Henry Sy Playbook: 9 lessons from Philippines’ richest man
- Set a long-term vision. “We don’t do things six months, one year ahead.
- Think big, start small, move fast.
- Work hard.
- Think outside the box.
- Be ambitious: Go for the large scale, be willing to be bold.
- Be customer-focused.
- Seek market leadership.
What are the accomplishments of Henry Sy?
What do you think is Henry Sy’s main goal what motivated him to achieve this goal?
Wanting to escape poverty, Henry followed his father to the Philippines only to experience a miserable youth in a foreign country. Sy struggled hard living in a foreign country as an immigrant and had to learn the local language. Determined to become successful, he worked hard day and night to provide for his needs.
What is the most important lesson that you learn from Henry Sy story?
Henry Sy, SM Group of Companies, On Perseverance: “There is no such thing as overnight success or easy money. If you fail, do not be discouraged; try again.” Henry Sy, the man who built the SM empire from the ground up, is living proof that success can only be achieved through perseverance.
What do you think made Henry Sy successful What lesson about career can you learn from him?
Throughout his career, Sy made it a point to have win-win solutions with his business partners – tenants, suppliers, small and large in his establishments. He emphasized the importance of being good-hearted, trustworthy and fair to maintain long-term relationships both in business and in life.
What are the characteristics and competencies that made Henry Sy a successful entrepreneur?
The Henry Sy Playbook: 9 lessons from Philippines’ richest man
- Recipe for success.
- Set a long-term vision.
- Think big, start small, move fast.
- Work hard.
- Think outside the box.
- Be ambitious: Go for the large scale, be willing to be bold.
- Be customer-focused.
- Seek market leadership.
Who is Henry Sy and what does he do?
A Summary of Henry Sy’s Success Story. Henry Sy, Sr. is a Filipino Chinese business tycoon and entrepreneur, most famous for founding the SM Malls, the Philippines largest group of malls. Aside from the mall industry, Henry also owns numerous companies in the areas of real estate, banking, education, mining, retailing, and hospitality,
How did Henry Sy Sr contribute to the Philippine economy?
Labor Secretary Silvestre Bello III said Sy’s biggest contribution was providing employment to millions of Filipinos. “He made his billions working hard, first selling shoes, to build a current conglomerate of giant malls, real estate, banks, financial services, insurance, retail, and a dozen of other businesses,” he noted.
What does Henry Sy-thextraordinary do for a living?
With all the success that Henry has received in his career as a businessman, he never forgets to give back to the very people who helped him achieve the very things he is enjoying today—his fellow Filipinos. Henry actively participates in the work of the SM Foundation, the philanthropic arm of his business.
How many shopping malls does Henry Sy own?
Today, SM has 72 shopping malls across the country and 7 more in China. It also owns the largest universal bank, BDO. As Sy was building his conglomerate, he had a gift in identifying talent. When Sy started Acme Bank, he told one of his most trusted lieutenants, Jose Sio, that it would become number one.