It appeared on social media—the rumor that the existing money bills will be nullified and replaced with new designs. If this move is real and not just another baseless fabrication, then such an action would be a masterstroke against plunderers who, for years, have fattened their vaults and mattresses with illicit billions.

I find the thought exhilarating. Imagine the look on the faces of the corrupt if, overnight, their bulging stockpiles of cash suddenly turned into worthless paper, good only for folding boats or wrapping dried fish. For once, the people might not be the losers, but the thieves themselves. What better justice than letting them choke on their hoarded fortunes, unable to parade them into casinos or splurge them on shameless luxuries? This rumor, if true, deserves not just attention but swift execution.

Money, after all, is not just a piece of paper but a symbol of trust. And this trust has been corroded for so long by those who see currency not as a medium of exchange but as a trophy of their thievery. Hoarded money is a grotesque monument to greed. It stagnates, it does not circulate, and in its slumber, it deprives ordinary Filipinos of schools, hospitals, and roads that such funds should have built. By pulling the rug from under the hoarders, we would, at last, prove that ill-gotten wealth cannot simply sit untouched like a sacred cow.

Of course, one must admit, such a move would not be free of complications. Ordinary citizens, particularly in the provinces, still hide small bundles of cash in tin cans under their beds. To them, a sudden demonetization might feel like betrayal if done without warning. This is why the plan must be handled with care, allowing decent citizens ample time to exchange their bills while tightening the noose on those who hoarded massive amounts that cannot possibly be justified. The difference between honest savings and obscene plunder must be drawn with wisdom and precision.

History offers us lessons. India did something similar in 2016, withdrawing high-denomination notes to cripple the underground economy. The results were mixed—ordinary people suffered inconvenience, while some wealthy players found ways to maneuver around it. But what India lacked, perhaps, was the political will to go all the way. In our case, if the rumor is true, then the resolve must be unwavering. Half-measures will only give the corrupt an escape route; full force will corner them.

What I particularly like about this idea is the poetic justice it brings. Corruption has always seemed invincible in this country, its practitioners strutting around unpunished while the masses grind through poverty. To see their hoarded cash turned to confetti would be a symbolic leveling of the scales. It reminds me of biblical times, when idols of gold and silver were cast down and rendered powerless. Here, the idol is paper money, and by nullifying it, we strip it of the false divinity the plunderers have bestowed upon it.

But one must not be naïve. The corrupt are like cockroaches; they will always try to wriggle through the cracks. Some will attempt to launder their hoards through businesses or cronies. Others will cry foul, perhaps even brand the move as unconstitutional. Yet even with these risks, I still see this rumored plan as worth the gamble. After all, the worst outcome is not the inconvenience of standing in line at a bank but the continued reign of plunderers untouched by reform.

Whether this viral rumor is true or not, it has already sparked a conversation worth fostering: how do we strike at the very heart of corruption, not with speeches and hollow hearings, but with action that hits the plunderers where it hurts most? Currency redesign and nullification could be one way. But whatever path is chosen, it must be urgent, bold, and unrelenting. For once, let the billions they stole rot in their hands, while the rest of us breathe in the justice long denied.

So yes, the Philippines has been shaken—by corruption, by calamity, by injustice. But we are not broken. We are a nation of storytellers, of dreamers, of fighters. And our story is still being written—not in the ink of despair, but in the bold strokes of hope.

Alexander Pope wrote An Essay on Man: Epistle 1 and there lies that phrase Hope Springs Eternal, and yes, that old ballad from the Survivors “Ever Since the Worl Began” where we have these lines :

“And even though the seasons change
The reasons shall remain the same
It’s love that keeps us
holding on
Till we can see the sun again”

After Opong, there came the 6.7 Earthquake and now another Typhoon is inching closer all these while we unmasks and uncover the Gargantuan Corruption that overwhelmingly encompasses any structure built by that agency which we cannot name without feeling revolting. Is there hope?

Hope in the Philippines is not a passive wish. It is an active force. It is the mother who rebuilds her sari-sari store after a typhoon washes it away. It is the student who studies by candlelight after an earthquake knocks out the power. It is the community that bands together, not just to survive, but to thrive.

Hope is a bit elusive nowadays, as problems natural and man-made came crashing in, we look up for inspiration. As the inspiration is not here anymore. We are sad and yet we cannot help but wish that hope is still within reach. And that as Alexander Pope said Hope Springs Eternal!

IN the gospel, there are two occasions when the expression “unprofitable servant” appears. One is the good kind, while the other the bad kind. The latter appears in the parable of the talents (cfr. Mt 25,14-30) where a servant who received one talent, instead of investing it to earn more, just buried it on the ground. He was criticized by his master for his laziness.
The good kind is the one mentioned in that gospel episode where Christ told his disciples that when a servant did all that he had to do and did not expect anything special for it, would just say: “We are unprofitable servants, we have done what we were obliged to do.” (cfr. Lk 17,5-10)

To have the attitude of the good kind of the unprofitable servant should be a goal in our life. Irrespective of how much we have worked and how many good things we have done, we should not make a big deal since is that is what is actually expected of us.

It is our duty to work and to do good, a natural consequence of who and what we are. We should not feel as if we are entitled to some privileges and other perks, over and above what we need to live our life as decently, humanly and in a Christian way, as possible.

We are not doing God and the others a favor when we serve them. That is what is expected of us. To serve and not to be served was the attitude Christ had, and it should be the same attitude we ought to have. To serve is the language and the action of love. It authenticates any affirmation of love we do, converting it from intention to tangible reality.

Everything should be done gratuitously. This is the law that should govern and characterize our whole life. If our love is authentic, that is, inspired by God’s love for us, then it is shown in serving others wholeheartedly without counting the cost nor expecting any return. It’s completely done for free.

Loving and serving cannot and should not be quantified in terms of cost and reward. It is above all these considerations. It’s a purely spiritual operation that should not be spoiled by giving it some material and temporal value. It’s where we can approximate, keep and build up that dignity of being the image and likeness of God and adopted children of his. It’s how we become God-like.

As man, we of course have our material and temporal needs. These should be attended to as well. We are body and soul, material and spiritual, and both dimensions have their distinctive requirements that have to be met as best that we could.

It’s in this Spirit-inspired loving that makes serving and self-giving an affair where we gain and receive more the more we give ourselves to others. In this regard, Christ said:

“Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you.” (Lk 6,38) And, “Freely you have received, freely give.” (Mt 10,8)
This is how God serves and gives himself to us, with complete gratuitousness. He even goes all the way of still loving and serving us even if we do not reciprocate his love properly. This is how we should serve and give ourselves to the others also.

Family-owned businesses represent a significant portion of the global economy, contributing substantially to job creation and economic growth. However, these businesses often face unique challenges in talent management and succession planning, requiring a delicate balance between preserving family legacy and ensuring the long-term viability of the enterprise. This article explores the key considerations for effective talent management and succession planning in family-owned businesses, highlighting the strategies that can ensure both continuity and prosperity.

The Unique Challenges of Family Businesses:

Family-owned businesses often operate under a complex interplay of familial relationships, emotional attachments, and business objectives. This can lead to several challenges in talent management and succession planning:

– Nepotism and Favoritism: The temptation to prioritize family members over equally or more qualified external candidates can undermine meritocracy and create resentment among employees.

– Lack of Formal Processes: Family businesses may lack the formal structures and processes found in larger corporations, leading to inconsistencies in talent management and succession planning.

– Emotional Entanglements: Family dynamics can significantly influence business decisions, potentially hindering objective assessments of talent and succession plans.

– Resistance to Change: Family members may be resistant to change, clinging to traditional methods even when more modern approaches are necessary.

– Succession Conflicts: Disagreements among family members regarding succession can lead to significant conflicts and even the demise of the business.

Effective Talent Management Strategies:

To overcome these challenges, family-owned businesses need to implement robust talent management strategies that combine best practices from larger corporations with a sensitivity to the unique dynamics of family businesses:

– Formalize Processes: Establish clear and transparent processes for recruitment, performance evaluation, compensation, and promotion, ensuring fairness and objectivity.

– Develop a Strong Company Culture: Cultivate a culture of meritocracy, recognizing and rewarding talent regardless of family ties. Fair treatment cultivates employee loyalty.

– Invest in Employee Development: Provide opportunities for employee training and development, empowering employees to grow within the organization. This creates a pipeline of talent for future leadership roles.

– Implement Performance Management Systems: Regular performance evaluations provide valuable feedback and identify high-potential employees who can be groomed for leadership positions.

– Attract and Retain Top Talent: Competitive compensation and benefits packages are crucial for attracting and retaining skilled employees. Family businesses should strive to offer comparable packages to those offered by larger corporations.

Succession Planning: A Critical Component of Long-Term Success:

Succession planning is arguably the most critical aspect of long-term success for family-owned businesses. A well-defined succession plan mitigates the risks associated with leadership transitions, ensuring a smooth transfer of power and minimizing disruptions to the business. Key elements of a successful succession plan include:

– Identify Potential Successors: Identify potential successors both within and outside the family, evaluating their skills, experience, and leadership qualities.

– Develop a Timeline: Establish a clear timeline for the succession process, allowing ample time for training and preparation.

– Mentorship and Training: Provide comprehensive mentorship and training programs for potential successors, ensuring they are adequately prepared for leadership roles.

– Formalize the Transition: Develop a formal process for the transition of power, including clear roles and responsibilities for both the outgoing and incoming leaders.

– Family Governance: Establish a family council or governance structure to manage family relationships and ensure alignment between family interests and business objectives. This helps prevent conflicts and ensures that family members are involved in the decision-making process.

Balancing Family and Business Interests:

The success of talent management and succession planning in family-owned businesses hinges on the ability to balance family and business interests. This requires open communication, mutual respect, and a shared commitment to the long-term success of the enterprise. Family members should be encouraged to participate in the decision-making process, but decisions should ultimately be based on objective assessments of talent and the best interests of the business.

External Expertise:

Seeking external expertise can be invaluable in navigating the complexities of talent management and succession planning. Family business consultants can provide objective guidance, helping families to develop effective strategies and resolve conflicts. They can also assist in developing formal processes, implementing performance management systems, and creating a culture of meritocracy.

Ensuring a Thriving Legacy:

Effective talent management and succession planning are critical for the long-term success of family-owned businesses. By implementing robust strategies that address the unique challenges faced by these businesses, family owners can ensure a smooth transition of leadership, preserve their family legacy, and create a thriving enterprise for generations to come. The key lies in combining best practices from larger corporations with a deep understanding of family dynamics, fostering a culture of meritocracy, and ensuring open communication and collaboration among family members. This approach ensures that the business not only survives but also thrives, building on its heritage while adapting to the ever-changing landscape of the modern business world.
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If you have any questions or would like to share your thoughts on the column, feel free to send an email to jca.bblueprint@gmail.com. Looking forward to connecting with you!