Lesson at the University of St. Tomas

Teresa Ganzon, President of Bangko Kabayan, was invited to give a lesson at the University of Saint Tomas.

A Lesson on the EoC at the University of Saint Tomas in the Philippines

logo_santo_tomasLast month, Teresa Ganzon, delegated administrator of Bangko Kabayan and member of the International Commission of the EoC, was invited by the Graduate School of Business of the University of St. Tomas, to be a speaker in lecture series they hold for the Masters in Business Administration program.

They usually invite a CEO from a company to speak so that students can learn business practices and deepen any other interests. The professor who contacted Teresa Ganzon had told her that he had heard about the "economics of communion" and Bangko Kabayan, which was why he invited her to speak about it.

Teresa, can you teel us a little about this lesson?

Before everything, I asked Albert Tantoco and Tita Puangco to accompany me, and as I was preparing for the lecture I university_santo_tomas3would give, I realized that it was difficult to go into the topic of Bangko Kabayan's experiences without a basic introduction on what the Economy of Communion is all about - which Albert graciously agreed to give, inspite a one-day notice!

We felt a warm welcome from the Dean of the Graduate School, Dr. Sison, who could not over-emphasize UST's being a Catholic University and their sincere desire to impart values to their business students. She referred to the EoC as "a sign of hope". She accompanied us to the lecture hall and stayed throughout the whole session, which lasted for about two hours.

Did your lesson raise interest?

Yes, there was a lot of interest, especially on the part of the professors who brought their class to the lecture. They were the ones with the questions, ranging from the issue of interest rates in the light of Church´s social Doctrine to the broader issues of how to combat pervasive corruption in the Philippino society. There were also qustions on wages and compensation policies of an EoC enterprise: how are our compensation policies impacted if we truly practice man as the center of the enterprise, etc. There were many other questions, but the moderator had to limit them because of time constraints.  Clearly, there was interest stirred up by a practical discussion on how values influence the behavior within an enterprise, how it can resist corruption, etc.

Will there be a follow-up to your lesson?

University_Santo_ThomasRight away, the dean and some of the faculty expressed their appreciation for the discussion and for having a working model to present to their students. They hope that this model will influence their students´ way of doing business in the future. Also, the University´s 400th anniversary is coming up (in 2011), and the Graduate School of Business would like to invite an international expert from the EoC, either among the businesses or the scholars. It seemed like very a positive response, and perhaps the fruit of our all being "in tune" while answering the questions together on stage. Yes, I can affirm that there is strong interest in the EoC at the University of St. Tomas, both on the undergraduate and graduate levels.

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