Being resilient falls short of an age-old characteristic for the survival and prosperity of businesses: Reinvention.
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Most Filipinos dream of financial independence, possibly more than owning their own dwelling or shopping for a shiny automobile. Within the mid-2000s, a UAE-owned firm, Dubai Ports World, moved to buy a British agency that managed a handful of American ports. The sale had already been authorised by the Bush administration when it was noticed by Democratic Senator Chuck Schumer of New York. Schumer, who was eyeing Senate management, painted the UAE as an infamous sponsor of terrorism. Fox News mentioned the deal at the least 70 instances during a space of two months; politicians on each side of the aisle reacted as if Osama bin Laden himself could be working … Read more
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