Business Ethics

Filipino value system in business

A set of cultural practices emphasizing family ties, community support, and respect that shape interpersonal relationships and business dynamics.

Bahala na

A principle expressing reliance on divine providence during uncertainties, reflecting flexibility in decision-making.

Utang na Loob

A deep value of acknowledging and reciprocating kindness, fostering loyalty but also creating a sense of obligation.

Ningas Cogon

Represents initial enthusiasm for projects that often fades over time, leading to challenges in ongoing commitment.

Padrino System

A systemic approach based on endorsements and connections, often resulting in nepotism over merit.

Amor Propio

The desire to maintain self-respect, affecting negotiation dynamics and leading to avoidance of direct confrontations.

Delicadeza

A refined approach to behavior promoting ethical conduct, which can stifle direct communication on sensitive issues.

Mañana Habit

The tendency to procrastinate, leading to inefficiencies and missed deadlines in business.

Hiya

A sense of social propriety compelling conformity to community norms, which may hinder innovation.

Family Orientation

The prioritization of family in society, fostering loyalty in the workplace but complicating professional boundaries.

Pakikisama/Pakikipagkapwa Tao

The commitment to maintaining harmonious relationships, promoting teamwork but occasionally preferring personal connections.

Filial Piety

The respect and reverence towards parents and elders, fostering accountability and family honor in corporate culture.

Suki system

A unique relationship between business owners and loyal customers based on trust and reciprocative interactions.