tatak garantisado. tatak kuwalipikado. tatak gk manpower services co. social issue m o s t o f t h e...

TATAK GK MANPOWER

SERVICES, CO.

Tatak Garantisado. Tatak Kuwalipikado

Tatak GK Manpower Services Co.

SOCIAL ISSUESOCIAL ISSUESOCIAL ISSUEM O S T O F T H E MD O N ‘T H AV EJ O B SCOMPANIESNEED COMPETENT BLUE COLLARED WORKERS


TATAK GK

GARANTISADO.

KUWALIPIKADO.


THE BIG IDEA

TATAK GK

BRIDGE

TATAK GK


KEY MILESTONES

1.Initial talks with JobStreet

2.Four villages; potential 10,000-persons workforce

3.Preliminary company talks and deals

4. Investors and support• BiD Challenge• Reginald Tecson• Mr. Tony Meloto


TIMELINE

Highlights

• GK village visits for values screening

• Meeting with JobStreet

• Filing of necessary paperwork

• Investors: BiD Challenge, Reginald Tecson


TIMELINE

2009

September - Start of Strategy Implementation- GK village screening/ interviews

October - GK village screening/ interviews

November - Meeting with JobStreet- Filing of necessary papers at SEC and DOLE- GK village screening/ interviews

December - GK village screening/ interviews- Papers in-process


2010

January - Meet companies and investors- GK village screening/ interviews- Papers still in-process- BiD Challenge preparation; finalist in competition

February - Meet companies and investors- GK village screening/ interviews- BiD Challenge awarding ceremony- Papers still in-process- Meeting with Kyttas

March onwards

- GK village screening/ interviews- Papers still in-process

TIMELINE


KEY RESULT AREASOriginal Revised Remarks

Scalability and Sustainability

30% ROI per year

30% ROI after second year

308 workers;JobStreet;Investors

Long lasting social impact

100% increase in employees

per year

Approx. 300 people part of the database

Testimonies

Practice fair business methods

100% compensation

50% compensation

Registered and in-the-

know

Customer awareness

Name recallJSA; Prudential

GuaranteeAt least 2 for name recall


DEVIATIONS

1. Proposed value-added to the workforce of GK villages

2. distribution channels

3. GK villages to be initially included in the database


BUSINESS DIAGRAM


GK Molave

30 people

MAJOR CHALLENGES AND MANAGEMENT RESPONSE


Joseph Server and Associates, Inc.

Manpower service for whole Ateneo and Miriam college

Workforce not enough to compete


Requirement of 2,000 people

Negotiated to bring it down to 300- 500


Molave

Brookside

Blue Eagle Village

Sitio Pajo

Paradise Heights


screening


KEY STATISTICS

49.35%48.05%

Gender Distribution

Male

Females


KEY STATISTICS

31.17%

22.40%

8.12%

24.68%

13.64%

Workforce Distribution per Village

Blue EagleBrooksideMolaveParadise HeightsSitio Pajo


KEY STATISTICS

34.74%

35.71%

13.64%

11.69% 4.22%

Workforce Segmentation per Business Unit

Clerical + ITUtilityConstructionFood serviceHealth and Wellness


KEY STATISTICS

28.57%

71.43%

TESDA Training

with TESDA trainingwithout TESDA train-ing


STRATEGY EVALUATION

Opportunities Weight RatingWeighted

Score

1. Over 3,000 GK villages in the Philippines 18% 3 0.54

2. Companies looking for value-laden workers

21% 4 0.84

3. Wide range of possible investors due to GK affiliation

16% 3 0.48

Threats1. Established manpower services agencies 15% 2 0.3

2. Hesitation of some GK villagers due to existing contractual jobs

19% 3 0.57

3. Financial crisis 11% 1 0.11

Total Weighted Score 100% 2.84


STRATEGY EVALUATION

Strengths Weight RatingWeighted

Score

1. Relevance to the community 14% 3 0.42

2. Branding 21% 4 0.84

3. Diverse top management 15% 3 0.45

4. Good values formation 21% 4 0.84

Weaknesses

1. Inexperienced top management 10% 1 0.1

2. Resources 19% 2 0.38



STRATEGY EVALUATION

Revised External Factor Evaluation

Opportunities Weight RatingWeighted

Score

1. Over 3,000 GK villages in the Philippines 12% 3 0.36

2. Companies looking for value-laden workers 15% 4 0.60

3. Companies that support the cause of GK 13% 3 0.39

4. Wide range of investors 10% 3 0.30


STRATEGY EVALUATION

Threats Weight RatingWeighted Score

1. Established manpower agencies 10% 2 0.20

2. Hesitation of some GK villagers due to existing contractual jobs 8% 3 0.24

3. Financial Crisis 4% 1 0.04

4. Lack of external support 15% 3 0.45

5. Inferiority Complex of some GK villagers 12% 3 0.36



STRATEGY EVALUATION

Revised Internal Factor Evaluation

Strengths Weight RatingWeighted

Score

1. Relevance to the community 16% 3 0.48

2. Branding 16% 3 0.48

3. Diverse Top Management 8% 3 0.24

4. Intensive Values Screening 20% 4 0.80

Weaknesses

1. Inexperienced top management 8% 2 0.16

2. Resources (manpower and operations) 15% 2 0.30

3. Time constraints 17% 1 0.17



CORRECTIVE ACTIONS

1.Prioritize JobStreet

2.Include more villages

3.Changes in the values formation and skills training


RUMELT’S CRITERIA

1.Consistency

2.Consonance

3.Feasibility

4.Advantage


FINANCIAL HIGHLIGHTSIncome Statement (in Php)

For Period Ended January 31, 2010

Net sales 0

Operating expenses

Transportation expenses 8,725

Advertising expenses 4,853

Recruitment expenses 3,500

Telecommunications expense 2,250

Business registration expenses 2,136

Supplies expense 1,256

Miscellaneous expenses 1,136

Total expenses 23,856

Net loss (23,856)


FINANCIAL HIGHLIGHTS

Balance Sheet (in Php)

January 31, 2010

Assets

Cash 21,144

Supplies 876

Total assets 22,020

Liabilities and Equity

Total liabilities 0

Partners' equity 22,020

Total liabilities and equity 22,020


FINANCIAL HIGHLIGHTS

Statement of Cash Flows (in Php)

For Period Ended January 31, 2010

Cash flows from operations

Net loss (23,856)

Add (deduct)

Decrease in supplies 1,256

Cash flows from investing activities 0

Cash flows from financing activities

Increase in partners' equity (from new investor) 10,000

10,000

Net decrease in cash (13,856)

Cash, Beginning November 1, 2009 35,000

Cash, Ending January 31, 2010 21,144


PROJE CTED FS


FUNDING PLAN


Statement of Funding Sources (1st 3 months)

November 2009 - January 2010

Tatak GK Partners 35000

Angel Investor

Reginald Tecson 10000

Total funds (Beginning Partners' Equity) 45000


FUTURE PROSPECTS

• Ownership

• Operations

• Service Development


FUTURE PROSPECTS

Year 1•Values formation program and skills training•JobStreet partnership•Village point persons

Year 2•New faces in management•GK Villages outside MM•GK-affiliated corporations

Year 3•Continuous activity•Serve larger corporations


SUSTAINABILITY

Interested

Investors

Partnership (gov’t

and orgs)

Brand equity

Tony Meloto


SCALABILITY

Hiring of

point persons

Additional GK Villages

Fulfilment of

JobStreet

demands

Expansion to Metro Manila area


SOCIAL IMPACT

Expanding database

Formation seminars/ workshops

JOBS


SOCIAL IMPACT

“Nagpapasalamat kami na mayroong tumutulong sa mga tulad namin.” – Fely, GK Molave

“Dahil Atenista ang dumating, pupunta sila.” – Nonoy, GK Paradise Heights

“Basta dito, laging bumabalik.”– Baby, GK Sitio Pajo


“Poverty is not just an absence of money but an absence of community and values. You can’t just take away the slums; you also have to take away the slum mentality of the people who live there. It’s very important to give people back dignity and hope.”

- Dylan Wilk

tatak garantisado. tatak kuwalipikado. tatak gk manpower services co. social issue m o s t o f t h e...

Documents