Thought Leadership Presentation In collaboration with: Mr. Edison Kho Ching, Co-founder, Active White Co. By: Corporate National Group Section 12 Julian Allan Arabe Princess Gwynette Mata Aeron Vinceet Banzon Clarisse Sofia Rivera Jerald De Guzman Julian Louise Santos Mark Jensen Gabriel Submitted on: November 16, 2021 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester Table of Contents I. Overview /Name of the Business...........................................................................................................1 II. Company Address and Contact Details........................................................................................1 III. Date of Virtual or Online Interview............................................................................................2 IV. Resume of Person Interviewed...................................................................................................3 V. Questionnaire Template...........................................................................................................4-6 VI. Transcript of the Interview....................................................................................................7-15 VII. Photo Documentation..............................................................................................................16 VIII. Individual Reflection Paper/Personal Plan Clarisse Sofia Rivera……………………………………………………….…17-18 Mark Jensen R. Gabriel…………………………………………………………..19 Aeron Vinceet Banzon………………………………………………………..….20 Julian Louise R. Santos…………………………………………………….…21-22 Princess Gwynette Mata…………………………………………………..…..23-24 Julian Allan Arabe…………………………………………………………..........25 Jerald De Guzman………………………………………………………….....26-27 IX. Acknowledgment………………………………………………………………………….....28 X. References............................................................................................................................29-30 XI. Appendices Appendix A: Letter of Permit to the Interviewee…………………………………31 Appendix B: Approval Form……………………………………………………..32 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester I. Overview / Name of the Business Active White is a cosmetics specialist company in the Philippines by the Ching Family that markets different types of beauty products like Glutathione, Collagen, Skin Whitener and many more. Currently, the company’s co-founder, Mr. Edison Kho Ching is the Business Development Manager of the company. The Ching Family has been in business for a long period of time and aims to continue to do so with the following generations. Speaking of the company’s mission, Active White aims to enhance one’s natural beauty. It is committed to make products that will surely improve your image and lifestyle with lighter toned skin, they are here to provide ways for millions of men and women to feel better about themselves. Moreover, to produce products that has a high level of quality over quantity. Making sure that all the products and ingredients being used can produce vitamins and minerals that are safe for the body. While for the company’s vision, the brand envisions to be the leading provider of the most comprehensive line of skin care products in the competitive skin whitening market. To become a trustworthy brand and to continuously produce good quality products that would leave its customers satisfied. II. Company Address and Contact Details Speaking of the company’s address and contact details, Active White Co. is located at the Active White Health & Beauty Center in U-506 Prince Jun Condominium, #42 Timog Ave. Quezon City. It is open from Monday to Saturday from 10 A.M – A.M to 8 P.M. You can also contact them at Tel No: (02) 781-4169 or (0918) 415-6465. Meanwhile, Mr. Ching’s office is located at the same building, and you may contact him through his personal email: EdisonKChing@gmail.com or through his LinkedIn account, linkedin.com/in/edisonching. 1 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester III. Date of Virtual or Online Interview The actual interview happened last Nov. 1, 2021, at 2 p.m. But before that, the group waited in the room for about 10 mins for Mr. Ching to prepare. While waiting, the group discussed on how the flow of the interview will be. During the discussion, Mr. Julian Santos was the one who volunteered to do the opening remarks. Next, Ms. Julian Arabe was assigned to start the Q&A Portion, followed by Ms. Clarisse Rivera, Mr. Julian Santos, Mr. Marc Gabriel, Mr. Jerald De Guzman, Ms. Gwynette Mata, and Mr. Aeron Banzon. Moreover, the group also planned to give Mr. Ching a certificate of appreciation. And for the last part of the interview, Mr. Gabriel volunteered to spearhead the photo documentation. Few minutes later, Mr. Ching arrived at the meeting room and the interview had started. Overall, the meeting lasted for 37 minutes which already included the planning phase. The whole group enjoyed the whole session and was hoping to see Mr. Ching soon. 2 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester IV. Resume of Person Interviewed 3 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester V. Questionnaire Template GROUP QUESTIONNAIRE • Engaging in business entails a lot of investments in terms of money, time, and sacrifices. And despite of all these investments, still many have failed in their business ventures. Based on your personal observation as a businessperson, it is a reality that not everyone is destined to be a successful entrepreneur? ______AGREE ______AGREE with comments: Comments here: _________________________________________________________ ______DISAGREE ______DISAGREE with comments: Comments here: _________________________________________________________ • Do you do regular planning for your business? ______YES, I do regular planning for my business. ______NO, I don’t do regular planning for my business. • In our university, we have core values of Fortitude, Excellence or Uprightness, do you also have certain values that follow and observe in your business operation? ______YES, I have, and these are: ______________________________________________ ______NO, I do not have. • Were your efforts and sacrifices to make contributions to the organization worth it? Yes or No? ______YES, my efforts and sacrifices to make contributions to the organization were worth it. Added comments: __________________________________________________________ ______NO, my efforts and sacrifices to make contribution to the organization were worth it. Added comments: _________________________________________________________ • Should the trends be the sole reason why someone should pursue business? Yes or No? 4 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester ______YES, trends should entirely be the sole reason for why someone should pursue business? Added comments: ______________________________________________________ ______NO, trends should not entirely be the sole reason for why someone should pursue business. Added comments: ______________________________________________________ • Are you contented on how the business is going at present given that there is a pandemic that we are experiencing right now? ______YES, I am contented on how the business is going. Added comments: _______________________________________________________ ______NO, I am not contented on how the business is going. Added comments: _______________________________________________________ • Did literatures and books have make a good impact on your skills as a leader? Yes or No? ______YES, literature and books have made a good impact on my skills as a leader. Added comments: _______________________________________________________ ______NO, literature and books did not make a good impact on my skills as a leader. Added comments: _______________________________________________________ • Are you always easily annoyed by an employee’s unethical behavior? Yes or No? ______YES, I am easily annoyed by an employee’s unethical behavior. Added comments: _______________________________________________________ ______ NO, I am not easily annoyed by an employee’s unethical behavior. Added comments: _______________________________________________________ • Do you agree that businesses should now use social media to increase brand awareness, especially amidst pandemic? Yes or No? _______YES, I do think that businesses should now use social media to increase brand awareness. Added comments: _______________________________________________________ 5 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester _______NO, I don’t think that businesses should now use social media to increase brand awareness. Added comments: _______________________________________________________ • In a scale of 1-5, 1 being the lowest and 5 being the highest, rate your overall satisfaction in your line of work. ______5-I am very satisfied with my line of work. ______4-I am satisfied with my line of work. ______3-I am somewhat satisfied and dissatisfied with my line of work. ______2-I am dissatisfied with my line of work. ______1-I am very dissatisfied with my line of work. 6 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester VI. Transcript of the Interview Interviewers Interviewee Interview Date Julian Allan Aeron Vinceet Jerald Mark Jensen Princess Gwynette Clarisse Sofia Julian Louise Edison Kho Ching November 1, 2021 Transcript JULIAN LOUISE: Good afternoon, Sir Ching! We are students from Far Eastern University, and we thank you for your participation in our final requirement in one of our course subjects, Leadership and Decision Making. Just a simple reminder, we prepared ten close-ended questions for you to answer, and you may have additional comments if you want to. Also, we would like to apologize if we happened to conduct this interview in the middle of All Saints Day. Thank you for being generous with your time. You may also have a short introduction, Sir, if it’s fine with you. MR. CHING: Don’t worry it’s not a bother, Rica’s a good friend of mine so we help each other out. So, introduction, my name is Edison Ching; address is in Quezon city, Muñoz area; and we are in a skincare business and also in manufacturing. The brand that we own is Active White, maybe you have seen that in SM or Watsons; age 41; civil status single; I studied in Los Angeles for elementary and then high school was in Chiang Kai Shek College in Tondo and then for college I started in UST, but I eventually finished with a masters in Sports Communications in Ca ’Foscari in Venice, Italy back in 2007. Before we start, let me give you a brief background of what I’ve been up to. In terms of working experience, I started with a printing press for maybe about 3 years and when the group buying sites came out a few years ago we were also in the dance and I used to 7 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester run a sports news network which is covering local sports like PBA, UAAP, etc. and mostly, now focusing on the dark side of the politics. So, we have a party-list group and were just waiting for the Comelec to give us the go signal for us to do what those other people do a few years ago. So that’s pretty much the quick intro I have for you guys and thanks for having me. JULIAN LOUISE: Thank you for that short introduction and thank you for giving us the chance to know a little background about you and your company. Moreover, we would also like to take this opportunity to introduce ourselves so first, hi I am Julian. JULIAN ALLAN: That’s very impressive! He’s Julian Santos (pertaining to the first speaker) and I’m Julian Arabe. MR. CHING: Oh, there are two Julians? CLARISSE SOFIA: Yeah. JERALD: Hi I’m Jerald De Guzman. PRINCESS GWYNETTE: Hi, Good afternoon. I’m Gwynette Mata. CLARISSE SOFIA: Oh yeah hi, my name is Rica Rivera. MARK JENSEN: Hi, I’m Mark Gabriel. AERON VINCEET: Good afternoon, I’m Aeron Banzon. EDISON: Hi, Good afternoon, everyone. JULIAN LOUISE: I think we may now start our question-and-answer portion. For our first question, Ms. Arabe, you may now take the floor. 8 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester JULIAN ALLAN: Thank you for that Mr. Santos. Now for the first question Mr. Ching, Engaging in business entails a lot of investments in terms of money, time, and sacrifices. And despite of all these investments, still many have failed in their business ventures. Based on your personal observation as a businessperson, it is a reality that not everyone is destined to be a successful entrepreneur? Do you agree or disagree? EDISON: Yes and No, well because first of all, when I was listening up to your question. The first thing that you really have to do is define what is “successful” to you. Meaning how or what success looks like to one person may look vastly different from what success is for another person. So, just because when you say about people getting success and achieving whatever they want in life, first you have to define what success means to you before anything else and that’s one of the things we’ve learned going along the way and in terms of what you asked earlier about “if everyone is destined to be a successful entrepreneur,” growing up we always say that it goes along the questioning of it can be taught or it can be innate in somebody to have certain things. There are definitely certain skills that can be taught but at the same time, good entrepreneurs can be made but great entrepreneurs—those are born. You can be still be good, and there’s nothing wrong with being a good entrepreneur. I mean if it reaches your goals and it gets you the happiness that you are looking for, sure why not? But you know the greatness, not everybody needs to be the Elon Musk or the Bill Gates of the world and it’s just a level of knowing what success means to you, that should really guide you on your way to what you are looking for in life and base your decisions on things like that. JULIAN ALLAN: I see that’s very insightful, onto the next question, aside from your insights and observations, do you do regular planning for your business? Yes or No? MR. CHING: Yes definitely, it’s one of those things you have to have on a regular basis and different types of planning for different parts of business. Going back to the skin care business that we are in, like for example we have one, we do every couple of weeks. That’s when we have our coordinators who are actually in-field they are the ones that go around and our eyes and ears on the ground. How we do our planning is for every couple of weeks to perfectly straighten ends, and when they come in the office for their salary. At the same time, it’s an opportunity for us to talk to 9 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester each other and for them to report what needs to be calibrated in the things that we do. For other things like our manufacturing side of the business that’s maybe every 6 months, we come together and discuss where we should go and do things. Another one for the executive part is every year, we just talk on how we want to go about, how we see the next year going, and how we want to approach things like obviously pre-pandemic things are pretty smooth but know that the pandemic brought in a whole new set of challenges, it was a lot more frequent because you know it’s sort of an emergency but it’s something that has to be regularly done. CLARISSE SOFIA: I’ll take the floor now. In our university, we have core values of Fortitude, Excellence and Uprightness, do you also have certain values that follow and observe in your business operation? EDISON: Yes, we also do that. What we really value in our company is a lot of things mostly number one, ‘Integrity’ that we need to have for our work. Keep it clean, keep it simple and were all very taken like in a business type approach. The other one would be ‘Care for each other.’ We know that in a manufacturing business it’s just pretty much us, so the clients we talk to are very few and they do multiple works so it’s taking care of each other so it’s a division of labor and there are some that has a specific certain task to do. The way we designed the business is created as a sort of well-oiled machine that everybody plays their part and when it’s time to get the job done, it’s time to get the job done and when it’s time to clock out then just rest and relax. Everybody just do their own thing, when we know the job is done, if it’s the time to rest then it’s fine to rest. Lastly, peace among the workers and the staff because awhile back, very typical, when you deal with group of people tensions will arise from time to time so we had issues before that were blew up a lot bigger than we had. So, we made that a priority in our organization that we had to make sure that those kinds of people are better off in our organization. We’re very conservative and actually a very content company that were at a pace we actually like and enjoy. Were just here to keep the peace and make some pretty good profit along the way. CLARISSE SOFIA: Thank you for your answer. Were your efforts and sacrifices to make contributions to the organization worth it? Yes or No? 10 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester MR. CHING: Yes and no, that’s the thing about business there’s going to be a lot of sacrifices and some will make it and some won’t. In a way it’s like a basketball where not all of your shots will go in. There will be small things that you are going to try and that’s okay, that’s what it’s all about. The way I’m starving to really enter to do stuff, developing it called the “game theory” that looking at business ended life as life of games in a good way. There are risks that you have to take and some of them you will be rewarded and some of them you just have to learn from them and are they worth it? A lot of time it’s worth taking the risk, you just have to calculate it. If it’s a big risk or a small risk and just go all out. That’s the fact you are going to choose. Sacrifices, that’s normal, that’s part of life, when you choose something to do, you’re definitely going to give up a few things from here and there. JULIAN LOUISE: So, for our next question, should the trends be the sole reason why someone should pursue business? Yes or No? EDISON: I wouldn’t say sole reason, but there’s nothing wrong with it being a big reason. The reason I say that is for like us when we got in the skin whitening skin care stuff back in the day around 2007, that was the trend that the industry boomed but beyond following the trend what we like to think was one of the reasons that were still here is because we’ve had enough background on how to do business correctly since it’s a family business they’ve had experience in so many businesses even before I was born so we had a certain background in business that helped us to succeed in that industry. In terms of following trends, most definitely but beyond the trends is your system of business. how you going to make sure you that you can ensure the level of success that you are looking for. Friends will come and go, there’s always going to be there, there’s going to be a new one out every two weeks and something new, friend is fine but it’s about your business system matter actually more. JULIAN LOUISE: Thank you for that insightful answer, Sir. For the next question, are you contented on how the business is going at present given that there’s a pandemic that we are experiencing right now? Yes or no? 11 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester MR CHING: Actually, yes, we are. Surprisingly, for me anyway, the skin care business, it’s still going even though we are in this pandemic. Actually, we have improved, plus we actually got the new clients coming in so things have been a lot better than expected so we’re happy with that. Of course, a lot of the we have to increase our prices with a lot of our raw materials increasing. That will be a lot of waiting of course but there’s nothing really we could do with that and even though we did increase the price of a lot of our items, the business still prosper and we’re like “okay, great.” That is something we have to adjust to. Overall, definitely, we’re contented and satisfied on how things are going. JULIAN LOUISE: Thank you for your answer, Sir. And I’m glad to know that your business is still booming despite of the pandemic. MR. CHING: It’s a blessing that I have something right now. JULIAN ALLAN: I was trying to say that since we’re in the middle of a pandemic, more people have been focusing on “glowing up” because I’ve seen so many on social media like they’ve been using. Aside from working out, aside from focusing on their health, they’ve been purchasing like a few “beauty products” something like that. So, I think that’s one of the reasons why the beauty industry or beauty business is booming still in the pandemic. MR. CHING: Most definitely and our online sales like in Shopee and Lazada, that really boomed also so those your insights are definitely correct. That’s what people are doing during the pandemic so we’re blessed to be at the right place at the right time with the right business. JULIAN ALLAN: Onto the next question, is Mr. Gabriel. MARK JENSEN: For this question, did literatures and books have made a good impact on your skills as a leader? Yes or no? MR. CHING: Books? Most definitely yeah. That is one of the things you don’t really, you’re a lot but reading and learning, continuous learning, is one of the most important things you need in 12 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester business. I took business in college but I learned a lot more after college and in during work to help me manage the business better. In terms of what books, there’s a lot anything like books of Tony Robbins. Those types of books were big help. Jon Spoelstra, he has a marketing book that actually bought a bunch of copies before and gave them to friends back at the day which is really good for marketing. So, in terms of impact on skills as a leader, highly recommended that anybody business, continue their education to read and to gather as much information as you can because it really is a big help. Get it any what you want. There are audio books for some people who aren’t really readers. Fine, it’s just some information and figure out a way to apply it to your business in the future. Is it good? MARK JENSEN: It’s good. The next question will be asked by Mr. De Guzman. JERALD: Good afternoon, Mr. Ching. My question is are you always or easily annoyed by an employee’s unethical behavior? Yes or No? MR. CHING: Usually, to the only extreme. As I mentioned earlier, we did have some issues like that before. I wouldn’t say easily annoyed but it’s more of that’s not something we tolerate. Like if we do here a few things, we talk to them right away as early as we can so that they’ll know that these behaviors aren’t acceptable in the company, etc. When we do find out despite the warnings that they continued with the said behavior, then that’s the time we tell them their work is set by self. I am easily annoyed not so much but there is calling to a certain limit. We try to make it clear as soon as possible or if not, then maybe it’s time for them to move to a different place. Yeah, we prioritize the seamlessness of how we do things within the business. JERALD: Thank you for that. The next one will be asked by Ms. Mata. PRINCESS GWYNETTE: Good afternoon, Sir, the next question is do you agree that businesses should now use social media to increase brand awareness, especially amidst pandemic? Yes or No? 13 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester MR. CHING: Yeah, most definitely. I mean, you kids know better than I do. That everything is online and on social media nowadays and yeah, I mean it’s a tool, mainly the personal relationships will always be important there. As I mentioned that we are doing better in business and that’s communicating with the suppliers and clients. Social media internet is a huge tool by also getting humanity as part of the business. In terms of business, we are solving problems, we’re serving customers and that’s a lot more about the human aspect. Internet and social media, those are tools to get you do those things but mainly, it’s all about the business relationships that really matter. PRINCESS GWYNETTE: Thank you for your insightful answer, Mr. Ching. JULIAN ALLAN: Before we move on to our last question, I would like to ask another one that is not a part of our questionnaire but I’m just curious. Do you believe that the majority of your sales now are coming from online purchases? MR. CHING: No, not yet but it’s a huge percentage. I would say because we’re so established with our on-ground sales. Our products are sold nationwide from Luzon, Visayas, and Mindanao so the distribution has been very, very strong. But the sales online are of good but not tripled yet. So, numbers like that are satisfying. JULIAN ALLAN: Okay po. Thank you, Sir. Now, Mr. Banzon, you may now have the floor. MR. CHING: Thank you for asking that one question, Julian. That’s Good. Those are the kind of questions good to talk about. Don’t be afraid to go offspring. That’s what business is about. So, Kudos for asking like that. AERON VINCEET: Last question, in a scale of 1-5, 1 being the lowest and 5 being the highest, rate your overall satisfaction in your line of work. MR. CHING: In the spirit of where I am, politically now, I would say that in a scale of 1 to 5, I give myself 4.2 because we’re satisfied, we’re okay with how things are going. Yes, I would focus a little bit more on business but I feel like I’m glad because I’m like fish to fry and that is political 14 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester season and turning my attention towards that. I am not giving much a perfect rate ever and I would suggest do not think “that is that” that gives you little too much contentment. Always try to do a little bit better and that will help you where you really need to go. Hopefully, we’ve been discussing in some small way, I can help you guys to reach your better future. AERON VINCEET: Thank you. MR. CHING: Alright, you’re welcome. JULIAN LOUISE: So, for the next part of our interview, we would like to give you, Sir, a token of appreciation. Let me read the content of this one. Far Eastern University, Institute of Accounts, Business and Finance, School Year 2021 to 2022. Certificate of appreciation. This certificate is awarded to Mr. Edison Ching. This certificate is awarded to Mr. Edison Ching on the 1st of November in 2021 for his participation in the Final Requirement: Thought Leadership Presentation in MGT1101 or Leadership and Decision Making. This serves as a proof of his competence and excellence in sharing his knowledge, skills, and talents of being a leader in the business industry. Signed by Julian Louise Santos, group representative. MR. CHING: Thank you so much. Thank you so much. Happy to be part of this. JULIAN ALLAN: We appreciate your time, Sir. Thank you so much. And to Ate Rica for your effort. MARK JENSEN: By the way, let’s stay for the photo opportunity. 1, 2, 3, smile. Another one, 1, 2, 3, smile. Okay. MR. CHING: Thank you so much. Thank you everybody. ALL INTERVIEWERS: Thank you so much, Sir. 15 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester VII. Photo Documentation 16 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester VIII. Individual Reflection Paper / Personal Plan Clarisse Sofia Rivera I’ve known Edison Ching for quite some time now, I met him through common interests such as- trading and healthy discourse on medical marijuana. We both work for the same partylistMedical Cannabis 2022, where he is the 5th nominee and I’m the official paralegal. We are pushing medical marijuana because our beloved family members have been deprived of the cure- my grandmother with terminal cancer. We’ve passed bills into congress trying to pursue medical marijuana. Since it’s stagnant- we decided to take it into our own hands- to run for the National Elections. We’re also businessmen and entrepreneurs. Him in aesthetics, as that is his family business, I in the food industry. I decided who else better to interview, none other than him. In our interview it went like this: CLARISSE SOFIA Thank you for your answer. Were your efforts and sacrifices to make contributions to the organization worth it? Yes or No? EDISON Yes and no, that’s the thing about business there’s going to be a lot of sacrifices and some will make it and some won’t. In a way it’s like a basketball where not all of your shots will go in. There will be small things that you are going to try and that’s okay, that’s what it’s all about. The way I’m starving to really enter to do stuff, developing it is called the “game theory” that looking at business ended life as life of games in a good way. There are risks that you have to take and some of them you will be rewarded and some of them you just have to learn from them and are they worth it? A lot of time it’s worth taking the risk, you just have to calculate it. If it’s a big risk or a small risk and just go all out. That’s the fact you are going to choose. Sacrifices, that’s normal, that’s part of life, when you choose something to do, you’re definitely going to give up a few things from here and there. I feel like his answer is directed towards me as an entrepreneur. In all honesty, I almost want to give up on entrepreneurship, as I feel this pandemic dawning upon me to give up. To some, it may seem like a very generic way to motivate a friend but sometimes, it's all you need. Our 17 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester discussion with him sorts of recalibrated me with one of my dimmed-out passions in the midst of the pandemic- business. I loved the food business, perhaps because due to the elections and work with the partylist, I forgot there’s life beyond that. It’s true that you will miss a few shots, but what matters is that you don't give up and keep pushing yourself. I loved that I got to hang with him as a friend again, and not as a colleague. Now, I went to his place on November 1, prior to visiting my family, as it’s on the way to Pampanga. On my drive home I had time to reflect- I barely listened to the podcast and my road rage was seemingly within reason. In my reflection, Robert Greene’s the 48 Laws of Power- I was on law 23- Concentrate Your Forces, to use that energy to be healthy and to pursue anything through directing your energy and forces to your goal. Law 25, Recreate yourself; To be the master of yourself rather than letting others define you. To other people, 48 laws may seem narcissistic. I truly believe it depends on perspective and application. Edison’s answer truly struck me- to keep trying until you win. To keep pushing, motivating yourself when the world and odds are against you. 18 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester Mark Jensen R. Gabriel In a world of business, I perceive it as a complex and difficult matter to handle most especially if a person does not have any knowledge that pertains in running a business especially without reading books. But as we have interviewed Mr. Edison Kho Ching, the board member and owner of iWhite, my viewpoints on how the business is carried upon with the help of books is finally changing into a positive one with significance. Even before the interviewee has been interviewed, I already witnessed several entrepreneurs and learned how the business is started and how the business is going. Moreover, my knowledge became more because of what we have grasped during the interview with him. At the moment of the interview, I was assigned to ask Mr. Ching a question if literatures and books have made a good impact on his skills as a leader. In line to the one that I asked, he said that there are numerous books to read that relates to being an entrepreneur and books pertaining to the marketing in which he read and aided him a lot and he recommended these to his friends as well. Some people are not fond of reading because for them, books do not make sense and they find it hard to delve with it because some are easily distracted that results to lack of concentration and I am one of those people. Honestly, I only read books when required or needed and I do not read most of the time because I am not interested in reading books. On the other hand, there are times that I finish a book when it really gets my scope of interest or something that I can relate with. Based on my own observation and personal experience, another reason why people do not like reading books because they do not have enough motivation or they are not urged to read and some are just inadequate when it comes to reading skills. But then, I realized that book does not only help people with their education but it is also a book that helps people to think critically and to be wise in life and an example of this is helping people in business, marketing, and many more. There is one quote saying, “Formal education will make you a living; self-education will make you a fortune” (Rohn, n.d.). In reading this quote, education is important to everyone because it is a right and a privilege but I believe that there are many doors of opportunities outside the four corners of a classroom and educating yourself with the positive things even not with the educational books will help people grow as themselves. These books about entrepreneurship and marketing are very large tool for those who want to create and succeed in their respective dream businesses. Putting interest in reading does not make less of yourself as a whole, yet, it is a matter we call “chance” to improve and change yourself with the things you are passionate about. 19 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester Aeron Vinceet Banzon In the afternoon of November 1, 2021, we had our interview with Mr. Edison Ching. I was a little nervous because this was my first time interviewing via virtual means. Honestly, before we start, I walk, jump up and down, and shake my body to calm myself and stay focused. We started the interview by introducing ourselves and starting to ask Mr. Edison Ching questions. I’m the last person who asks a question, and this is my conversation with our interviewee: "Last question Sir, in a scale of 1-5, 1 being the lowest and 5 being the highest, rate your overall satisfaction in your line of work." "In the spirit of where I am, politically now, I would say that in a scale of 1 to 5, I give myself 4.2 because we’re satisfied, we’re okay with how things are going. Yes, I would focus a little bit more on business but I feel like I’m glad because I’m like fish to fry and that is political season and turning my attention towards that. I am not giving much a perfect rate ever and I would suggest do not think "that is that" that gives you little too much contentment. Always try to do a little bit better and that will help you where you really need to go. Hopefully, we’ve been discussing in some small way, I can help you guys to reach your better future." And as a result of his response, I realized that when we are in business, we should give more than 100% in order to grow our business. The old saying "Rome wasn’t built in a day" applies here. Just because you open a business doesn’t mean you’re going to immediately start making money. It takes time to let people know who you are, so stay focused on achieving your short-term goals. Always be on the lookout for methods to improve your company and make it stand out. Recognize that you don't know everything and keep an open mind when it comes to fresh ideas and approaches to your company. When it comes to producing money in business, consistency is crucial. You must continue to do what is required to be successful on a daily basis. This will help you form long-term positive habits that will help you make money. 20 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester Julian Louise R. Santos “Leadership: A Skill of the Bold” Since I was a child, I've seen leadership as a skill that I've always wanted to hone. A skill that I know will help me grow because it entails challenges and responsibilities. And having the chance to interview Mr. Edison Kho Ching, the owner of Active White, I am thrilled to know more about how leaders speak and act. At first glance, I've seen Mr. Ching as a calm and entertaining person. He is someone I see that has referent power with his subordinates. He has great interpersonal skills, which resonated in his personality while answering the questions. He made sure that all of his answers were relatable, meaningful, and had humor. During the interview, I got the chance to ask him two questions. The first question is if trends should be the sole reason for pursuing a business. His answer to this was that it shouldn't be that way because you also need to have a system in the business. He emphasized that those who thrive in the business industry have concrete plans and steps to follow in pursuing a certain goal. While hearing his answer, I remembered a characteristic of a leader: being able to develop and not just maintain. Also, from that, I've realized that leaders don't just settle on the bare minimum. They also take the risk in developing systems even though there is uncertainty accompanied by it. This is where challenging the status quo kicks in. In business, I've also learned that leaders are courageous enough to uphold what the Greek Philosopher Heraclitus once said, "The only constant thing in this world is change." And hence, leaders innovate. Furthermore, when I asked him my second question about his contentment with how the business is going knowing that there is a pandemic, he said he is indeed happy and satisfied with his company's progress. Their earnings even improved. Also, he added that despite of the rise of the prices of the raw materials, so does the number of their clients, so it's just a win-win situation. Through this, I can infer that leaders are optimistic and are not easily swayed by the negativity of the situation that they are in. They are inspired by it instead. Lastly, I think the greatest thing that I've learned from him is to never stop learning. He said that reading books will help us go far along the way. In his case, reading marketing books of Tony Robbins and Joe Spoelstra impacted his skills as a leader. He recommends that we should 21 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester gather as much information as we can while we are still young because we won't regret it in the end. From this, I've learned that most successful leaders also have the habit of reading. Reading is a form of exercise for the mind, and it helps us boost our creativity. And if we continue to develop our creativity, the possibilities are limitless. It will now depend on our actions. To sum up, in this activity, I've learned that the characteristics of the leaders are what separates them from just being mere faces in the crowd. They are exceptional, have ideal characteristics, and thrive on conquering every challenge they might face. And with the interview that we had with Mr. Ching, I became inspired to go outside of my comfort zone and be better. Now, I decided to propel myself to the next level. Truly, leadership is a skill of the bold. 22 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester Princess Gwynette Mata An interview with Mr. Edison Kho Ching-owner of a skincare business. Seven students asked a total of 10 questions. It is a detailed, valuable, and life learning interview about business. Some answers are eye awakening and new to the ears. Also, some points are not the same as my perspective, but I'm open to analyzing both statements. Before, I thought you could call a business when it became successful without knowing that failure is a part of it. I discovered that everyone could have their own business without actually having the inborn skills. How? By reading books, seeking advice from professionals, planning, and honing the critical skills needed. It's like you don't have to be perfect or successful when starting a business. Everything begins from small until it becomes a huge hit. It influences my thinking and understanding of the company. Patience, trust, integrity, connection, passion, necessary knowledge, and abilities, ability to cope up, and flexibility-the things that I think are significant. Furthermore, maintaining a positive mood/atmosphere impacts the process and product of the business. It influences cooperation, activeness, communication, and engagement. One thing that caught my attention was planning and reading. These are the reasons why a business is booming. Inadequate information business plan, strategy, structure, location, market access, lack of resources, innovation, and adaptability would lead to nothing. Plan before taking action. It may seem unnecessary and unimportant, but it can be used as an emergency strategic plan or needed. A plan includes everything we want to upgrade the business, possible problems, and feasible solutions. Another was reading. Individuals think that having reasonable expenses to build a business is enough for a company to stand, not knowing that knowledge is power. I realized that when you see a lot or are an expert in a particular field, and you love what you do-success and income will follow. The effort, time, risks, and energy used are all worthy in everything we do. I recognized that as long as we're taking action and making progress- it would all come back to all of the things we sacrifice. Moreover, turning threats, weaknesses, and problems into an opportunity is a fantastic insight. We see numerous establishments and institutions shut down due to pandemics, but others take it as another chance online to create their identity and make sales. I learned the things to keep in mind before and after starting a business. To summarize the overall insights, we primarily need to think, plan, and gather all the necessary materials. It is a 23 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester must to have the knowledge, abilities, and appropriate attitude toward your business, co-workers, and clients. 24 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester Julian Allan Arabe I was really invested in the interview as it is a rare opportunity to obtain knowledge from a well credited business owner and leader. Mr. Ching’s expertise on his line of work and educational background were impressive and inspiring, knowing that he has met with lots of business minded professionals like him and has gained experience from different educational institutions. This is highly relative to me especially that I am interested in establishing my own business in the future as well. There are 2 important points I learned in the interview. Mr. Ching said, “continuous learning, is one of the most important things you need in business.” I agree with him that learning never stops. One of the many things that can help you to developing into a successful leader is to learn and be updated. Meaning to say, one has to be competent of his skills and knowledge. Networking is one of the ways to receive knowledge. Working with and joining a circle where your interests and goals to succeed are the same. The second thing I observed is, you must set your goals. According to Dr. Emily Volk, “Goal setting allows your team to work towards something and inspires team-work and innovation.” (Volk, 2019). As a leader, you should know what you want for your organization. Learning how to set goals is crucial to achieving success. It is also important to communicate and demonstrate your thoughts well, then make reasonable plans. It is all in creating a good business system, together with sacrifice, hard work and smart skills. I can conclude that you cannot be a successful leader overnight. It is something you choose to do and work on every day. Like Mr. Ching, it is all about the skills and setting an excellent scheme. Let us stay inspired and disciplined in our journey towards becoming an outstanding leader. A leader who chooses to be consistently educated, grounded, confident and assured with his plans for success and at the same time, not forgetting to leave an influence to his organization. 25 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester Jerald De Guzman Business is complex, many businesses fail because of their owners. But there is a question that often knocks at my door of rationality and that is “What really is a success?” You may be wondering why I asked such a question when the answer is so obvious, but know that you have think of it, there is no exact and definite answer. Some might say it’s all about the money, and some might say it’s about their passion and they are not wrong. We all have our own definition of the word ‘success.’ I’ve always thought that leading a business is so difficult that it is not for everybody. It’s either, you have it or you don’t. But that mentality has been destroyed by Mr. Ching, as he told us that being a successful leader can be taught or innate but he also added that good leaders are made, while those who are born with it—are great leaders. There is nothing wrong with being a good leader, as long as you like what you are doing and you don’t disrupt anyone then you are already successful and as Albert Schweitzer says “Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” Planning is a vital part in a company, as Benjamin Franklin says “If you fail to plan, you are planning to fail.” A company with no plan is set to a direction that leads to bankruptcy. Every successful business plan regularly. From its short, long, big or small projects, they carefully plan as it concerns the whole business entity. If there is one thing that I admire about Mr. Ching’s company, that would be their care for their employees. Many companies give heavy workloads to their workers and on top of that their salary is below minimum. But Mr. Ching’s none of that, working hours are absolute for him. If there is work to be done, it needs to be done and if the work is already done then it’s fine to rest. I’ve learned that sacrifices are a must in a business, but success is still not guaranteed even though you sacrifice a lot. It’s just a matter of calculating the risks and rewards of a certain sacrifice. As the saying goes, “Success is not final, Failure is not fatal; it is the courage to continue that counts.’’ Mr. Ching told us that sacrifices sometimes make it and sometimes won’t but most of the time it pays off. He also told us that we should take risks since we are still kids who have little to lose and even though we fail we can still learn from it and just take it as a bad experience. 26 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester The Interview is really informative, I learned that starting or running a business is really hard and complex for those who are not happy at what they are doing. Most are lost at what they really want and end up going for the other’s meaning of success leaving them more lost at their own meaning of success. Plans, Employees, Sacrifices are some of the things a business have but are crucial to an entity. Mr. Ching rated himself a 4.2 out of 5 in terms of his satisfaction in his line of work and that made me understand that he did not make 5 because he is not satisfied with his work but he did that because he wants some room for improvement. Him being satisfied in his work would only make his desire vanish, that’s why he never gives himself a perfect grade. Desire is what keeps us going and also what keeps us humane. 27 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester IX. Acknowledgment ACKNOWLEDGMENT The Final Requirement progress and outcome were made possible by the direction and support of numerous people. We feel fortunate to have received this as part of the completion of our work. Each person involved in this initiative put in a lot of effort, and those efforts deserve to be acknowledged. First and foremost, we would like to thank and honor Almighty God for providing us with the power and blessing that enabled us to complete the Final Requirement. We wouldn't have made it this far without his blessing. Our group members, Julian Allan Arabe, Aeron Benzon, Jerald De Guzman, Mark Jensen Gabriel, Princess Gwynette Mata, Clarisse Sofia Rivera, and Julian Louise Santos, will not fulfill this Final Requirement without their efforts and cooperation. We always put in our best effort to deliver high-quality work with full commitment and responsibility. We appreciate and thank Mr. Edison Ching for granting us an opportunity to do the Final Requirement through virtual interview and providing us with all the support and leadership, which made us finish the project duly. We are indeed thankful to him for presenting excellent support and guidance, despite having a busy schedule. We would also like to express our sincere gratitude to our Professor, Mr. Leonardo Cada, for giving us such a golden opportunity to work in this Final Requirement on Leadership and Decision-Making course. Mr. Leonardo Cada is our Mentor who has helped us a lot throughout this project by providing important data and information. His valuable words and advice have truly motivated us. The process of preparing this project in collaboration with our teacher is refreshing to experience. 28 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester X. References Alaili, A. (2020, November 20). Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful. – Albert Schweitzer. Retrieved from Entrepreneur Post: https://www.entrepreneurpost.com/2020/11/20/success-is-not-the-key-tohappiness-happiness-is-the-key-to-success-if-you-love-what-you-are-doing-youwill-be-successful-albert-schweitzer/ Kellar, W. (2020, July 1). Retrieved from Human Investing: https://www.humaninvesting.com/450-journal/if-you-fail-to-plan-you-areplanning-to-fail King, L. (2019, April 4). Who Said Change is the Only Constant in Life? Medium. https://medium.com/mindset-matters/who-said-the-only-constant-in-life-ischange-233fd9e27b87fail Lowry, S., & PR, M. (2013, July 4). MEDIA MATTERS: FINEST HOUR 136, AUTUMN 2007. Retrieved from International Churchill Society: https://winstonchurchill.org/publications/finest-hour/finest-hour-136/mediamatters/ Prive, T. (n.d.). Top 32 Quotes Every Entrepreneur Should Live By. Forbes. Retrieved November 5, 2021, from https://www.forbes.com/sites/tanyaprive/2013/05/02/top-32-quotes-everyentrepreneur-should-live-by/?sh=30d674b819a9 Renjen, P. (n.d.). Deloitte BrandVoice: Creating Stigma-Free Work Cultures Is Key To Tackling The Mental Health Crisis. Forbes. Retrieved November 5, 2021, from https://www.forbes.com/sites/deloitte/2021/10/07/creating-stigma-free-workcultures-is key-to-tackling-the-mental-health-crisis/?sh=1c6fc65a71f 29 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester Seabury, C. (2019). 9 Tips for Growing a Successful Business. Investopedia. https://www.investopedia.com/articles/pf/08/make-money-in-business.asp The Pillars of Goal Setting In Leadership. (2019, August 26). Thriveglobal.com. https://thriveglobal.com/stories/the-pillars-of-goal-setting-in-leadership/ 30 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester XI. Appendices Appendix A Letter of Permit to the Interviewee Date: 10/25/21 To: Mr. Edison Kho Ching Co-founder, Active White Munoz, Quezon City We, the national corporate group composed of seven students from BS Accountancy and BSBA Financial Management in Far Eastern University, received your name from Clarisse Sofia Rivera, one of our groupmates. We would be most grateful if we could meet you virtually for an interview. The group will use the interview for our final requirement in our course subject, Leadership and Decision making. The interview will be held via MS teams meeting, and I hope you are available on the 30th day of October. We have at least ten questions to ask, and it will probably take 30 minutes of your time. We will appreciate your kindest consideration of our request. In responding, you may leave a message to us using this email. Thank you so much, and we’re looking forward to see you soon. Sincerely, Julian Allan Arabe Princess Gwynette Mata Aeron Vinceet Banzon Clarisse Sofia Rivera Jerald De Guzman Julian Louise Santos Mark Jensen Gabriel 31 Course Code: MGT1101 Course Title: Leadership and Decision Making AY: 2021 - 2022 Term: 1st Semester Appendix B Approval Form Leadership and Decision Making Approval Form Group Member Names 1. Arabe, Julian Allan 2. Banzon, Aeron 3. De Guzman, Jerald 4. Gabriel, Mark Jensen 5. Mata, Gwynette 6. Rivera, Clarisse Sofia 7. Santos, Julian Louise Section 12 Leader Name Position Edison Kho Ching. Board Member/Owner. Jonathan Mark Leung. Submitted by: Julian Louise Santos Owner. October 29,2021 Organization/Business iWhite Brewman Coffee Approved by: (SGD) Prof. Leonardo F. Cada Jr. 32