Defining the News
Aboitiz Group President and CEO Sabin M. Aboitiz called on Aboitiz Group leaders to be models and spread the values of transformation to their teams.The Aboitiz Group reinforced its transformation goals for 2024 and beyond as it put its partnerships, acquisitions, and interbusiness opportunities front and center during its 8th annual Leaders Conference held this month.
“Our people will never change unless our leaders do, and our leaders will never change unless they know why they’re doing it and why it’s important. It’s our responsibility as leaders to make sure everyone is supported. When we genuinely care about our teams, we create a leadership that inspires more than motivates,” Sabin Aboitiz said.
Chris Beshouri, Aboitiz Equity Ventures’ Chief Strategy Officer, presented how the Aboitiz Group has rapidly transformed in the last decade after divesting its shipping and transport business.
Meanwhile, Eduardo Aboitiz, AEV Chief Synergy Officer, discussed the important role synergies will play in the pursuit of the Group’s goals. Eduardo contextualized synergies as activities wherein Aboitiz businesses work together, enhancing value creation and making the whole Group to be more than the sum of its parts.
Today, the Aboitiz ecosystem is wider, resulting in more synergy opportunities. A straightforward example is AboitizPower reliably providing 100MW of competitively-priced power to its sister companies such as Republic Cement, Pilmico, UnionBank, Aboitiz Infracapital, and Coca-Cola. The Group also leverages on synergies to strengthen its Economic Estates.
The Group’s businesses are not the only ones called to transform, but the individual team leaders as well. AEV Head of Transformation Dea Franko-Csuba called on the leaders to be adaptive and open to technologies, processes, and behaviors that can improve themselves, their teams, and the business. She cited the need to embrace emerging technologies that will assist teams in automating and optimizing work processes, such as artificial intelligence .
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