Business Ethics

THE INFLUENCE OF FILIPINO VALUE SYSTEM IN BUSINESS PRACTICES

What is Filipino value system in business all about?

The Filipino value system in business is deeply rooted in the cultural practices and social norms of the Philippines. It emphasizes family ties, community support, and a rich tradition of respect and gratitude. These values shape not only interpersonal relationships but also the overall dynamics of business practices.

The Different value system

Bahala na (Trust in God)

• Definition/Characteristics: This principle expresses a reliance on divine providence when uncertainties loom. It may reflect a lack of preparedness or a deliberate choice to leave outcomes in the hands of fate.

• Influence on Business Practices: Filipinos may demonstrate flexibility in decision-making, often allowing for spontaneity while pursuing opportunities. This can create a unique entrepreneurial spirit but may also lead to challenges in planning and execution.

Utang na Loob (debt of gratitude)

• Definition/Characteristics: A deep-seated value that emphasizes acknowledging and reciprocating the kindness shown by others.

• Influence on Business Practices: While this value fosters strong relationships and loyalty, it can also result in dependency, where individuals feel obligated to assist even in challenging circumstances, sometimes leading to exploitation.

Ningas Cogon (flame blaze/Combustion)

• Definition/Characteristics: Represents initial excitement and enthusiasm for projects or endeavors but often fades over time.

• Influence on Business Practices: This characteristic can lead to challenges in project management, where initial commitment does not sustain over time, hampering overall productivity and success.

Padrino System (patronage)

• Definition/Characteristics: A systemic approach that connects individuals through endorsements, familial ties, or political alliances.

• Influence on Business Practices: Often results in nepotism, where personal connections take precedence over individual merit, potentially affecting the selection process and overall organizational structure.

Amor Propio (Self-Respect)

• Definition/Characteristics: The desire to maintain personal dignity and self-worth.

• Influence on Business Practices: This can affect negotiation dynamics, as individuals may avoid direct refusals or confrontations, leading to ambiguous agreements.

Delicadeza (Daintiness)

• Definition/Characteristics: Involves a refined or sensitive approach to behavior and decision-making.

• Influence on Business Practices: Promotes ethical conduct and proper decorum, yet can sometimes stifle direct communication, especially around sensitive topics.

Mañana Habit (Procrastination)

• Definition/Characteristics: The tendency to postpone tasks until later.

• Influence on Business Practices: This can result in inefficiencies and missed deadlines, cultivating a perception of lethargy in professional settings.

Hiya (shame)

• Definition/Characteristics: A strong sense of social propriety that compels individuals to conform to community norms.

• Influence on Business Practices: Protects relationships but may discourage innovation or risk-taking due to the fear of possible social repercussions.

Family Orientation

• Definition/Characteristics: Filipinos prioritize family as the core of society, with strong emotional bonds and responsibilities.

• Influence on Business Practices: This value can lead to loyalty in the workplace and foster supportive environments, yet it may complicate professional boundaries and relationships.

Pakikisama/Pakikipagkapwa Tao (loyalty)

• Definition/Characteristics: A commitment to maintaining harmonious relationships with others, emphasizing collective identity.

• Influence on Business Practices: Generally promotes teamwork, but may also lead to preferential treatment in business dealings.

Filial Piety

• Definition/Characteristics: The reverence and respect directed towards parents and elders.

• Influence on Business Practices: This fosters a culture of accountability and upholds family honor within corporate structures.

Suki system (loyal customers)

• Definition/Characteristics: A unique relationship built on mutual trust and ongoing interactions between business owners and loyal customers.

• Influence on Business Practices: Suki relationships can lead to sustained business success, as they are often nurtured through personalized service and reciprocal concessions, enhancing customer satisfaction and loyalty.