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The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Geography Lesson
A Brief History
A Brief History
A Brief History
A Brief History
Effects of Colonialism
Effects of Colonialism
Effects of Colonialism
Effects of Colonialism
The Filipino People
The Filipino People
The Filipino People
The Filipino People
Famous Pinoys
Famous Pinoys
The Philippine Economy
The Philippine Economy
The Philippine Economy
The Philippine Economy
The Philippine Economy
The Philippine Economy
Market Assessment
Market Assessment
Why Outsource in the Philippines
Why Outsource in the Philippines
Why Outsource in the Philippines
Why Outsource in the Philippines
Why Outsource in the Philippines
Why Outsource in the Philippines
Why Outsource in the Philippines
Why Outsource in the Philippines
Why Outsource in the Philippines
Why Outsource in the Philippines
Risks Associated w/ the Philippines
Risks Associated w/ the Philippines
Risks Associated w/ the Philippines
Risks Associated w/ the Philippines
Philippines vs
Philippines vs
Philippines vs
Philippines vs
Philippines vs
Philippines vs
Philippines vs
Philippines vs
Philippines vs
Philippines vs
AIGBPSI
AIGBPSI
AIG in the Philippines
AIG in the Philippines
AIGBPSI - Quality
AIGBPSI - Quality
Insights
Insights
Other Firms
Other Firms
Current Events in the Philippines
Current Events in the Philippines
Effects on the government
Effects on the government
Effects on the government
Effects on the government
Infrastructure
Infrastructure
Infrastructure Problems
Infrastructure Problems
Comparison Chart
Comparison Chart
Notes
Notes
Filipino Photo Album
Filipino Photo Album
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player
The Philippines: The Next Leading Offshore Player

Презентация: «The Philippines: The Next Leading Offshore Player». Автор: Caroline. Файл: «The Philippines: The Next Leading Offshore Player.ppt». Размер zip-архива: 25134 КБ.

The Philippines: The Next Leading Offshore Player

содержание презентации «The Philippines: The Next Leading Offshore Player.ppt»
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1 The Philippines: The Next Leading Offshore Player

The Philippines: The Next Leading Offshore Player

Almaris Ancin Leonie Alexandre Caroline Curammeng Marques Storr

2 A Geography Lesson

A Geography Lesson

3 A Geography Lesson

A Geography Lesson

4 A Geography Lesson

A Geography Lesson

Consists of 7,108 islands off the southeast coast of the Asian mainland Total land area of 115,000 square miles (roughly the size of Italy or Arizona)

5 A Geography Lesson

A Geography Lesson

Location is strategic “Situated on the crossroads of Asia’s commerce and transportation, it plays a significant role in international affairs. It serves as a bastion of democracy and a convenient and vital link between the two worlds – the East and the West.” - “Doing Business in the Philippines” by Price Waterhouse

6 A Geography Lesson

A Geography Lesson

13 key regions

7 A Geography Lesson

A Geography Lesson

13 key regions

Illocos: well-known beaches

8 A Geography Lesson

A Geography Lesson

13 key regions

Illocos: well-known beaches

Central Visayas: emerging growth center

9 A Geography Lesson

A Geography Lesson

13 key regions

Illocos: well-known beaches

Central Visayas: emerging growth center

10 A Geography Lesson

A Geography Lesson

13 key regions

Illocos: well-known beaches

Central Visayas: emerging growth center

Northern Capital Region (Metro-Manila) 1. Manila – capital city 2. Makati – major commercial center 3. Kalookan City 4. Quezon City

11 A Geography Lesson

A Geography Lesson

13 key regions

Illocos: well-known beaches

Central Visayas: emerging growth center

Northern Capital Region (Metro-Manila) 1. Manila – capital city 2. Makati – major commercial center 3. Kalookan City 4. Quezon City

12 A Brief History

A Brief History

The Philippines had social and economic ties to China dating back to the 9th century In the early 1500’s, the Spanish started a 300-year rule that left lasting impressions on the culture of the Philippines 1. Religion 2. Cuisine 3. Language How are you? “?C?mo est?s?” “Kumusta?”

13 A Brief History

A Brief History

In 1898 America acquired the Philippines from Spain The 48-year “tutelage” resulted in important American contributions: 1. Development of strong Filipino leaders capable of running an independent government 2. A system of free education that emphasized democratic traditions 3. Democratic elections 4. English as a predominant language The Philippines gained independence in 1946

14 Effects of Colonialism

Effects of Colonialism

1987 Constitution declared the Philippines a democratic republican state with a presidential form of government Government consists of three branches: 1. Executive Branch – headed by President who appoints cabinet 2. Legislative Branch – Senate and House of Representatives 3. Judicial Branch – Supreme Court 4. Independent Agencies – Securities and Exchange Commission Many existing laws are based on Spanish and American statutes 1. US model of government brings stability and a defined process for handling political issues

15 Effects of Colonialism

Effects of Colonialism

The combined influence of the colonialists have made the Philippines: 1. “One of the most westernized of any Asian country” - Stephanie Overby, CIO Magazine 2. The oldest working democracy in Asia 3. World-class English proficiency a. Third-largest English speaking country in the world 4. Ranked the third-most educated nation in Asia by World Bank

16 The Filipino People

The Filipino People

Population 1. 76.5 million Language 1. Bilingual 2. 87 different Filipino dialects 3. American English is the basic language in schools, government, business dealings, and everyday conversation

17 The Filipino People

The Filipino People

Education 1. Patterned after the US system a. free public schools at elementary and secondary levels 2. “Filipinos have a deep regard for education, which they view as a primary avenue for upward social and economic mobility.” - Library of Congress 3. 95% literacy rate Religion 1. 93% of country is Christian (83% are Roman Catholics) a. The only predominantly Christian country in Asia 2. Small minority of Muslims in southern Mindanao (4%)

18 Famous Pinoys

Famous Pinoys

Inventions: Two-way television telephone Airplane engine that runs on alcohol instead of aviation fuel Fluorescent lamp Single chip video camera Karaoke machine

19 The Philippine Economy

The Philippine Economy

20 The Philippine Economy

The Philippine Economy

Though the economy suffered in the late 90’s as a result of the Asian Financial Crisis, analysts are predicting future growth 1. With strong domestic consumption and improved exports, the Philippine economy is forecast to grow 4.5% in 2004 2. Services will have a higher growth rate than other sectors 3. Imports will be slower than exports 4. Inflation will remain low at 4.5% The Negative side 1. Fiscal deficit rose sharply to P212.7 billion (US$4.07 billion) in 2002, or 5.4% of gross domestic product (GDP) 2. Unemployment remains high at 11.4% 3. Conflict in Mindanao has contributed to a loss of business confidence and has had a negative impact on economic growth, investment and development prospects.

21 The Philippine Economy

The Philippine Economy

Historically a protectionist, inward looking country is now ranked by the World Bank as one of the most deregulated countries in Asia Now considered a liberalized, trade-oriented economy

22 Market Assessment

Market Assessment

Incentives Relatively stable administration committed to reforming economy Positive attitude towards foreign investments Special economic zones that make the country an attractive base for manufacturing export products Receptiveness of family-owned corporations to joint ventures with foreign firms Decline in tariffs and import barriers English speaking, highly trainable workforce

Drawbacks High cost of nationwide distribution due to archipelago geography and poor transport infrastructure Local consumers’ relatively limited purchasing power with more than half of the country’s income flowing to the richest 20% of population Relatively high degree of wage control

23 Why Outsource in the Philippines

Why Outsource in the Philippines

The fastest growing outpost of the high-tech economy Accessible by air within 4 hours of any Asian capital Gateway for international shipping, air lanes Entry point to the world’s largest market with over 2 billion people. Ranks high as a location for outsourced solution.

24 Why Outsource in the Philippines

Why Outsource in the Philippines

Provides affordable quality human resource: skilled labor force of 29 million literacy rate of 95% 3rd largest English speaking nation Customer-service-oriented workforce High-quality, low cost labor

25 Why Outsource in the Philippines

Why Outsource in the Philippines

“The Philippines ranked 4th overall worldwide as the best source IT professionals.” - US based Meta Group

26 Why Outsource in the Philippines

Why Outsource in the Philippines

“The country was also rated ahead of it’s Asian neighbors for “excellent availability” of skilled workers, reinforcing its goal to become an ITC hub in Asia.” “The Philippines is the best kept secret in the IT industry.” US based Meta Group

27 Why Outsource in the Philippines

Why Outsource in the Philippines

“We’re a very open economy, and our culture is very well adapted to Western business practices.” Gloria Macapagal Arroyo Philippines president

28 Risks Associated w/ the Philippines

Risks Associated w/ the Philippines

Low awareness of the Philippines as an offshore contender Lack of experienced operations management teams Migration of workers to the United States

29 Risks Associated w/ the Philippines

Risks Associated w/ the Philippines

Political instability Impeachment of President Joseph Estrada Terrorism small militant Islamic group ties with Al Qaeda Shadows of India

30 Philippines vs

Philippines vs

India

31 Philippines vs

Philippines vs

Vietnam

32 Philippines vs

Philippines vs

China

33 Philippines vs

Philippines vs

South Korea

34 Philippines vs

Philippines vs

Malaysia

35 AIGBPSI

AIGBPSI

Philamalife and AIG – American General formed AIG Business Processing Services in August 2002 150 employees Estimated savings of 40% - 45% Intensive training on US Insurance Industry, AIG-AG operations, procedures, systems, PC, communication and customer service skills

36 AIG in the Philippines

AIG in the Philippines

People are more familiar with American jargon and culture Western expatriates preferred living in the Philippines The financial reporting and accounting standards aligned with U.S. standards Government provided critical support through incentives such as tax holidays Philamlife has been in business for more than fifty years Deregulated telecom industry IT a big part in education system

37 AIGBPSI - Quality

AIGBPSI - Quality

Gearing towards Quality Assurance Target Insurance Functions: New Business: mail match, text encoding, data entry and requirements management Post Sales Servicing: tile, correspondence, premium, disbursements, call center, claims Support Functions: index, return mail Licensing & Contracting

38 Insights

Insights

Critical to have a strong local partner Clear executive support and employee communication required Philippines can be a global e-services hub Filipinos are rich in talent and skill Cost alone cannot be the single motivating factor

39 Other Firms

Other Firms

40 Current Events in the Philippines

Current Events in the Philippines

Effects on the government Infrastructure? Emerging or diminishing

41 Effects on the government

Effects on the government

Defense Secretary Angelo Reyes said he is used to being a target but he recently resigned due to the second government casualty of a military mutiny last month. He believes that the attacks on the government are efforts to undercut the Philippines' 17-year-old democracy and besmirch and divide the armed forces.

42 Effects on the government

Effects on the government

According to government statistics, the Philippines has more than 1.8 million drug addicts and 1.6 million recreational users of illicit drugs. President Gloria Macapagal-Arroyo wants police to launch a shame campaign against known drug pushers. She promised 1 billion pesos, more than $18 million, to fund the fight.

43 Infrastructure

Infrastructure

Same Accounting Standards accepted by the US Majority of 90 million citizens speak English Roughly 350,00 Filipinos graduate from colleges and universities each year Multiple undersea cables to every region of the world

44 Infrastructure Problems

Infrastructure Problems

It lacks the size and scale of the Software Industry. Filipino companies also do not possess major certifications such as SEI CMM. These certifications would allow for the country to be more competitive in the market.

45 Comparison Chart

Comparison Chart

46 Notes

Notes

Network World Boston Globe CIO Magazine E-Services Philippines Business Week Vertex Solutions Offshore IT outsourcing to Philippines A World of Outsourcing CIO-Asia Outsourcing Philippines Board of Investments

47 Filipino Photo Album

Filipino Photo Album

Group 7 Vacation Pictures

48 The Philippines: The Next Leading Offshore Player
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