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I empower business leaders, entrepreneurs and investors to successfully invest, raise capital and/or do business in the Asia Pacific region. Subscribe to my newsletter to receive my regular updates, insights and commentary on what's happening in Asia and why it matters
Marriott turns 100 next year. Asia should be taking notes. In Washington this month I stayed at the Marriott Hotel in Bethesda. It sits right next to the company's global headquarters, a tower of more than 20 storeys. I found myself wondering how a company ends up with a building like that. So I started reading. It started in 1927 as a root beer stand on 14th Street. Nine seats. J. Willard and Alice Marriott, newlyweds from Utah. When winter came and nobody wanted a cold drink, they added hot...
What The Best Family-Owned Businesses Already Know "What's your succession plan?" One Asian family asked it of another, across the table, before negotiating a joint venture. The answer was unexpected. "We have family who could be involved. But they'd have to be the best for the job - and that's unlikely. We need the best people running this business." No defensiveness. No pretence. They'd made peace with something that takes most founders a lifetime: the business matters more than the...
A Tennis Court In Quezon City. A Training Floor In Cebu. Alex Eala learned tennis on a makeshift court in Quezon City. Two weeks ago she brought Centre Court to its feet, beating the defending Wimbledon champion - the first Filipino to reach the second week of a Grand Slam. The world called it a breakthrough. Filipinos recognised something familiar. "I want to make my own path," she said afterwards. In the Philippines, that's not ambition. That's upbringing. I've been watching the same thing...