Henry Sy PPT

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Slide 1: 

Hi.

Let’s play a game!: 

Let’s play a game!

Mechanics:: 

Mechanics: Get a piece of paper and a ballpen List down ALL the SM branches that you know for 30 seconds TIME’S UP!

SM Supermalls List: 

SM Supermalls List North EDSA Sta . Mesa ( Centerpoint ) Megamall ( Ortigas ) Cebu Southmall (Las Pinas ) Bacoor Fairview Iloilo Manila Pampanga Sucat Davao Bicutan Cagayan De Oro Lucena Marilao Baguio Dasmarinas Batangas San Lazaro Supercenter Valenzuela Supercenter Molino Santa Rosa Clark Mall of Asia Supercenter Pasig Lipa Bacolod Taytay Supercenter Muntinlupa Baliuag Marikina Naga Calamba Tarlac Urdanet Laoag Supercenter San Pablo Supercenter Rosales Dagupan Supercenter Meycauayan Supercenter Tagaytay Supercenter Dumaguete

CONGRASHOLESHONS YOU WON WAN MELYON KAS!: 

CONGRASHOLESHONS YOU WON WAN MELYON KAS!

Henry Sy  (施至成): 

Henry Sy ( 施 至 成 ) December 25, 1924 Xiamen, China Far East University Chairman and CEO of: SM Investments Corporation, SM Prime Holdings, SM Development Corporation and Highlands Prime Holdings, Chairman Emeritus, Banco de Oro, Honorary Chairman and China Banking Corporatio n

A Henry Story: How came to being : 

A Henry Story: How came to being

Slide 9: 

Came to the Philippines at the young age of 12 Helped his father in a small sari-sari located in Carlos Palanca St. in Quiapo , Manila. Devised ways to increase his income by developing small portions of products. WWII came and the sari-sari store was burned. He got hurt while selling, and was brought to the hospital by a friend. He expressed his gratitude after the war by making that friend his partner in a shoe store. After the war ended in 1945, he ventured into selling American shoes imported by enterprising Gis . Saw the opportunities of opening a shoe store. He went on a long business trip to the East Coast, and came home with a lot of merchandising ideas. He was selling a lot of shoes, accessories, and leather goods, hoping to change the way shoe manufacturers look at the industry. He decided to open SHOE MART “SM” the first air-conditioned shoe store that merchandised shoes in a very inviting and classy format With the success of that store, he went on to open more shoe stores, but he could not get enough suppliers He opened the first department store in 1972, two months after Martial Law was declared. During the Martial Law years, he continued to open more department stores, reaching a point wherein he could not get space he needed in the existing shopping centers during that time

Slide 10: 

When they started the construction of their first mall in 1983, the Philippines was in the midst of chaos. The economy was bad because of the assassination of Ninoy Aquino. Later, they expanded, slowly building malls such as SM Sta. Mesa and Megamall, however, they were faced with delays in construction due to cement shortages. When the 1997 Asian crisis came, they were planning the mall expansion, including the Mall of Asia, which was then envisioned to be the biggest mall in the region, but was deferred due to the region wide crisis. At about the same time, they looked into the banking business. Their main bank was Banco de Oro – a medium-sized bank back then. Their business especially that of shopping centers is a long term business. It takes at least eight years to pay back. They believed that the Filipinos who love shopping will always be around They also have to continuously innovate; their other retail formats like supermarkets are continuously evolving with the shopping habits of our customers. Their group’s policy is to look for opportunities at all times, and to be ready to act when it comes. Opportunity is where you find it, not where it finds you. Crisis and weakness indicate one can look for opportunities. Transforming problems into opportunities can bring good returns. Prosperity and growth come only to a business that systematically exploits its potentials and systematically optimizes its performances.

Slide 11: 

“ There is no such thing as overnight success or easy money. If you fail, do not be discouraged; try again. When you do well, do not change your ways. Success is not just good luck: it is a combination of hard work, good credit standing, opportunity, readiness and timing. Success will not last if you do not take care of it .” - Henry Sy

Thanks for listening. : 

Thanks for listening.  Sources: http://www.millionaireacts.com/676/henry-sy-success-story.html http://i4.photobucket.com/albums/y128/betaku/P1010169.jpg http://coconuter.blogspot.com/2007/06/henry-sys-sm-history-of-shoemarts.html