Showing posts with label organization. Show all posts
Showing posts with label organization. Show all posts
The Department of Transportation and Communication Secretary Emilio Abaya has ample guts to proceed with his planned strategies to complete the buyout as per his latest announcement of Department Order for train mass transportation in Metro Manila. His confidence coupled by the Pnoy Administration support made him the focus of so many disappointments coming from different sectors of the society.
The Pnoy Administration’s truly involved and believed the same way as he did. Moreover, he has the support for this MRT3 endeavor all along.
Even in the onset of the MRT3 circus from the past, he maintained his structured goals to claim the ownership of the MRT3-EDSA train system for a complete buyout. The MRT Holdings open suggestions and Senate findings cannot stop him to continue the buyout.
Moreover, the Transportation and Communications (DOTC) Secretary Joseph Emilio Abaya has the option to select better understanding and teamwork with MRT Holdings while maintaining the business interest of the co-owner. But, he’s focused in completing the MRT3 buyout through the release of 2015 budget. “The government buyout of MRT-3, the rail line along EDSA, is still the most advantageous arrangement for riders and taxpayers. Some people are out to derail this plan because they want to continue making money. The allocation of more than P6 billion for the purchase of the remaining bonds of MRT Corp. (MRTC) could be the key to such an option. The P6 billion is part of the P54 billion the House of Representatives has included in the P2.606-trillion 2015 national budget for the state takeover-buyout of MRT-3 next year. Senators deleted the bulk of the P54- billion appropriations. They retained a small part, including P6 billion intended for buying the remaining 15-16 percent of MRTC bonds floated by private investors who built the EDSA rail line system. Two state banks – Land Bank of the Philippines (LBP) and Development Bank of the Philippines (DBP) – now hold more than 80 percent of such bonds. The two banks control MRTC, which owns MRT-3.
If the government is able to buy all of MRTC bonds, it should own the EDSA rail line and rehabilitate it without interference from the remaining private investors. The private investors MRT Holdings claim that the government, by holding MRTC bonds, owns only economic interests, including revenues, while they, the investors, have ownership rights over the system that produce such revenues.
Economic rights and owner- ship rights are one and the same thing, because when the contract between the government and private investors end in 2015, both of these rights and interests will accrue to the state. By then, the state will own the system. The private investors would have no stake at all in MRT-3 after the expiration of the contract.
The failure to match fare adjustments with increasing operating costs caused by inflation have resulted in practically break-even finances for all three lines. In turn, this crippled their ability to invest in large-scale improvements for their facilities, since revenues have only been enough for day-to-day operational requirements. Since government subsidizes around 60 percent of the cost for each LRT-1 and LRT-2 passenger and around 75 percent of each MRT-3 passenger, an estimated P2 billion would be freed up for development projects and relief operations in other parts of the country.
It’s really very hard to impose such fare hike when MRT3 had the negative image for train commuters and the Filipinos alike. Imagine, series of breakdowns were experienced in the past and the security dangled like the Spanish chorizo in the supermarket? There’s no such thing to implement when the MRT3 operations, management and services are in the verge of collapse.
But, DOTC Jun Abaya has been armored to defend what’s good for the commuters without the business interest of some but the economic interest of the Philippines.
Photo Source: LinkedIn Booth by Dynamic Network Services, on Flickr
LinkedIn – Get Linked in With the Right People
Linkedin is a great network for professionals but do you know how to build your brand and get new leads for your websites? Check out these 5 tips.
With millions of professionals from 130 different industries, Linkedin represents a potential gold mine for high end leads for your websites. Many members are looking for new job opportunities but this network’s real value to you is the incredible knowledge base and new business opportunities that can strengthen your personal brand and increase your websites’ potential.
Here is a list of five simple steps to get the most out of your Linked in account.
Don’t gloss over your profile
A basic first step is establishing your profile and you should take the time to make this look like an executive bio and not just a resume. Insure that you have included all of your educational credentials and memberships to professional organizations (particularly if you held a leadership position) as well as relevant job titles.
Don’t waste copy on your ego. Give specific examples of what you have contributed to former employers and what you have done to grow your own business. Cite a case study if appropriate.
The objective here is to make you as attractive as possible to potential new business opportunities including those who may want to do a joint venture with you.
Link up your profile
Linkedin gives you three opportunities to link out to your websites. In the profile page click on edit and then click on “more” and this will allow you to edit the default settings for My Website and My Blog.
Change these titles to keywords that are relevant for both. For example if you have an accounting business you may change My Website to accounting service or tax accounting. The same goes for your blog. Use these opportunities to build backlinks to your websites.
Company Page
Here’s an opportunity to look like an industry leader. Include your logo and sell the benefits of your operation. Make sure you include your websites as well. If you have employees, make sure they link to this page.
Create a group…join a group
Linked in groups are where the action is at and you’ll want to participate in them for two reasons. The first is to develop potential leads by creating or joining a group that would be of interest to you market.
This is a social network so get social. Respond to articles, answer questions and put yourself in a position to be viewed as an expert in the field or at least as a reliable source of information. If you start your own group you obviously have considerably more control over what direction interactions are going to take.
Don’t look just for end users
If your websites all promote consumer goods you probably won’t find end users in Linkedin. What you will find are distributors and manufacturers’ representatives and these can be great resources for distribution and new sales opportunities.
Keep that target audience in mind when you create articles or respond to questions and comments. Developing relationships with this group can give your websites the extra marketing boost that turns them into home-runs.
If your business is B2B you’ll find a gold mine of potential distributors as well as end users it’s simply a matter of being active and getting recognized.
Use the Q&A
The Open Q&A is a great place to participate in and draw attention that can lead to connects. Focus on participating in this at least two or three times a week and you will go a long ways in developing a reputation as a valued source.
You can also use this forum as a market research tool and evaluate what your target audience is interested in or wants answers to. His can obviously help you develop hot, relevant content for your e-commerce website.
Online business networking really is no different than offline events. The obvious advantages include access to a far larger network than you could possibly create offline and far better tools to get your brand out to the world. But remember it is networking which means this is not a fire and forget strategy but one you have to work on consistently if you want your websites to benefit.
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