Corporate News: Jollibee CFO: My job is to prepare the company for all kinds of shocks

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source: www.inquirer

                                        

I got this news article from Philippine Daily Inquirer and it gives me a better perspective of JFC and its coming success for the next 2 -5 years. Equally important position in the company is the CFO which handles the financial capabilities of the company. The CFO must be able to foresee the needs of the company and be able to make actions to put the company on track to its goals.

Source: http://business.inquirer.net/money/topstories

Jollibee CFO: My job is to prepare the company for all kinds of shocks

By Doris Dumlao
Philippine Daily Inquirer
First Posted 17:29:00 11/20/2010

MANILA, Philippines—The son of an auto mechanic from a small town in Quezon who worked his way up to become chief finance officer of globally expanding Filipino fast-food giant Jollibee Foods Corp. has been named as the “CFO of the Year” for 2010.
 

Ysmael Baysa reminisces about his humble beginnings during the media briefing announcing him as this year’s recipient of the prestigious annual award jointly given by ING Bank Manila (ING) and the Financial Executives Institute of the Philippines. He shares the honor with his hometown of Sariaya and alma mater Luzonian University of Lucena City in Quezon province.

While most CFOs of top-tier companies are usually bred and schooled in Metro Manila or even abroad, Baysa takes pride in having been raised and educated in his province. “It’s because of this humble beginning that this award has meant so much more,” he says.

To read more about this news article click here.

 

Updating yourself about the PSE listed companies you are interested in

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One way to keep yourself updated regarding the companies you are interested in is through off course reading the PSE website daily and watching TV programs like CNBC, Bloomberg, and CNN among others.

But if you don't have the time to catch up with these TV shows or if your only time you get to read is through your email then Google Alerts would be a great tool for you to use. All you need is a Google account which is basically free. If you don't have one create a Gmail account and you automatically have a Google account. 

Go to http://www.google.com/alerts and log in using your Gmail account info.

In the Search field type in the name of the listed company you want to be keep updated. Select the source of the information in the Type field. You can customized how often the alerts would be like daily, as it happens, or weekly. You can also specify the maximum results you wanted to appear in your email  and last but not the least the email address you want this to be sent to which off course your Gmail address.

You can create a folder in your email to segregate this updates for quick view just like what I did to my Outlook.

 

Google alerts are formatted like feeds thus you can see a short info about the news report or blog and you just chose that interest you. To have a broader perspective I have included in my alerts "Philippine Stock Exchange" to get news regarding the stock exchange itself. Also I have added alerts on the stocks that I have in my portfolio to give me a heads up about any significant information that may cause a rise or drop in their trading price.