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Monday, December 29, 2014

ASEAN Economic Integration Workshop

Last night, a friend messaged me saying that there would be a seminar for ASEAN Economic Integration today.  The first thing that came to my mind was certificate, certificate, and certificate. All I wanted, if I would attend, was to see my name printed in a formally decorated paper with signatures of the people who would take significant parts in the event: I so love the feeling of that.  Then, I finally decided to join without knowing what would happen there [considering, I had not thought of the food].

This morning, I went to the hotel alone.  I saw people.  With the look of their stances, I easily knew that they are professionals; all, businesspersons; some, managers, presidents, executives of their industries.  I was hesitant to register at first but I thought of my goal, certificate, and I thought of the transportation expenses I had in order to go there, so then I wrote my name thinking nothing except those.  Beside the name was a space meant for the industry where the participant belongs.  I have no industry so I wrote my school even though it would mean I am a professor of the school.

I was about to enter the event center when an unexpected friend came in. I was very happy that I was not alone with those old business people.  Together, we sat down at the center not far from the speakers’ area.  While we were waiting for the event to start, a thought came to me more than the want for a certificate.  I realized that I would learn more from the event.  The thought left me more excited for the activities, which we would undergo.

The event had started.  The first speaker was a judge from Davao City and her topic was "Strategic Planning".  She let us introduce ourselves one by one.  The format was, we say our name and our industry first, then, choose a letter from our name, make it a word representing our talent, characteristic, or skill that may help us have an advantage for ASEAN integration.  I chose A, for Accounting.  I said that proper accounting is one key advantage if we engage in any business transactions in the ASEAN integration.  Some said L for Loans, J for Joyful, C for Character, D for Diligence, and so on.

The next activity was by pair.  I chose a co-participant beside me.  He was friendly and very respectful. I haven't got his full name though.  The rule was, guide our partners through the path while they are walking blindfolded and then after five minutes, we switch and they do the same for us.  My partner was too hesitant to follow me.  His steps were in bits and too slow.  When it was my turn to be blindfolded, I was already confident because I already knew the path.  Even if I could not see the way, I was already confident with his instructions.

The second activity was forming a big “perfect” square using a long rope while we were all connected with each other, blindfolded.  It took us ten minutes to form the square.  Just two persons who were also blindfolded guided us. What we did was, we divided the whole by four and then the ends of each group stuck shoulder to shoulder perpendicularly and then each groups’ other members lined straight.  After ten minutes, we took off our scarves and surprisingly we did it—it was not perfect but substantially, it was a square.  The emcee noticed that the leaders sometimes peeked, then, she said something meaningful: “It’s okay to go against the rules, as long as it’s legal.”

After the delicious lunch, which they had provided, we started our third activity. It was the serious part.  We were divided in five groups.  Each group was given a topic to discuss and were ought to make a strategic plan for it.  Ours was the “cultural factors and effects” in conducting business considering other country members of ASEAN.  My group mates were all experts of their industries.  Their ideas were amazing.  They thought out of the box.  Their reasoning was so different from theories we read from books. After forty-five minutes of collaborations, we came up with our output and each group then presented their ideas in front.  I could not discuss any further because it was too technical.

On the last activity, the speaker asked us to stand up and face the north. None of us knew where the north was so we just faced anywhere.  Then the speaker concluded that we were all not ready for the ASEAN integration and that ended our first seminar goal—strategic planning.

The rationale of all the activities was that, engaging in the ASEAN integration, we are all blindfolded.  Making a strategic plan will be very risky if we do not know where we will be going. To have an advantage over this integration, we must prepare, study, and be sensitive to any changes it will bring us.

After ten minutes break, the second speaker took part.  He was a Registered Financial Planner and a speaker in one of the CNN Philippines segments regarding finances.  His topic was “Investing in ASEAN Setting”. I learned a lot from his lecture.  I learned that before one could invest, he should have the SPG—save, protect, and grow.

Save means that one should have adequate savings first.  The proper way of saving is that, every time the income or compensation gets in, ten to thirty percent of that should first go to you so you could budget the rest for your expenses.

Protect means life plans and emergency funds.  Aside from savings, some of your money should be invested for life insurance so that in case something happens to you, you and your family are secured.

Grow means investing in bonds and stocks.  After having your savings and protection plans, you are now ready to let go of your money for a long time and wait for likely returns.

There were so many lessons he shared more than the three key points but I could not tackle every points specifically.

The day ends with a dinner.  I almost forgot about the certificate but when I did remember, I asked the secretariat for it.  She said there was no certificate for the event. I was not surprised.  I even felt nothing, just happiness.  I did not care for the certificate anymore.  The experience was worth it.  I may not have a certificate, but I have enough pictures with me anyway.

I never expected to learn something new like that, so I promised myself to attend many seminars if I could [as a new year's resolution].

I went their aiming for less, I went home full of knowledge and experiences. Perhaps, ASEAN integration is like that: we may know less, but we may gain more.