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Zosa: Way to go, Glo!


Friday, January 28, 2005
Zosa: Way to go, Glo!
By Elbert Zosa
Biz Vantage


CRITICS. In public office, when people don’t agree with you, there is no end to the public criticism that pours onto you.

When you do something right, the objective parties just keep quiet because they believe you’re just doing what you should be doing in the first place.

Your political opponents may privately agree with you but will find something negative to say nevertheless. In the meantime, your gaggle of sycophants and hangers-on relentlessly sing your praises, never mind what you do.

Some professional managers had been waiting with trepidation for the new appointments that PGMA would make. The first wave of PGMA’s appointments had undermined their confidence in her leadership. They thought that some of the names were thoroughly unqualified and that some were only marginally acceptable, thus squandering opportunities for success in PGMA’s new administration.

It was with relief that many professionals received the news of the latest appointments of Cesar Purisima in Finance, Rafael Lotilla in Energy, and Juan Santos in Trade and Industry.

Each individual in this group has the potential to do a great job along the lines of how Singapore’s cabinet leaders, under Lee Kuan Yew’s leadership, pushed Singapore forward to a progressive, prosperous country whose per capita Gross Domestic Product is 19 times that of the Philippines—and still growing.

PGMA deserves our praise on this set of appointments.

BSP Governor. Speculation has shifted to the short list for the replacement of Gov. Paeng Buenaventura when he retires soon; and the other appointments to other vacancies as they open up.

Paeng’s performance had been recognized by the private sector, especially in surveys of the Makati Business Club or similar organizations where the Bangko Sentral always rated number one. In fact, the Management Association of the Philippines named him Management Man of the Year.

There were financially turbulent situations in the last few years that Paeng’s steady hand guided us through. One could say that Erap Estrada left one good legacy in his presidency: Paeng Buenaventura, who could not be replaced under PGMA’s administration since he had a constitutional term to finish.

The Philippines has one tremendous asset that should be fully utilized, and that is its people.

The Swiss International Institute for Management Development (IIMD) has ranked the Philippines the second-least competitive country in Asia, the worst in basic infrastructure basically due to poor government. General Joe Almonte pointed out the contrast where the IIMD rates us third in the availability of senior managers, and fourth in people in information and computer technology, for instance. This is where PGMA can try to create synergy in her administration, by continuing to name only the best and the brightest as a way to make government work.

(elzosa@yahoo.com)

(January 28, 2005 issue)
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