I joined a research forum this afternoon on human capital issues in relation to globalization. It was a very informative exchange of views on how Philippine businesses, most of them family-based, are approaching people development to remain competitive.
As it turns out, investments in people development remains very low in our country. Which is a shame since we are blessed with so much human resource and it's only logical that they be developed for us to be competitive.
What we are seeing is the opposite -- more violations of the minimum wage laws, more contractualization and more use of women who tend to be more accepting of unfair labor arrangements (as hypothesized by one of the researchers).
I certainly hope that more business financiers and managers can adopt more people partnership approaches in their enterprises so that they can unleash the creativity and commitment so essential today for competitiveness.
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You hit the nail on the head! Governance and leadership has a lot to do with it. Exploitation exists even in the economically developed countries, but wherever we see people-oriented business, we see people-oriented leaders. In the US, my favorite examples are Herb Kelleher of Southwest Airlines, William Pollard of Service Master and Horst Schulze of Ritz-Carlton Hotel. The last two are avowed Christians, incidentally.
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