Recently, the Philippine Long Distance Telephone Co. (PLDT) announced an alleged anomaly involving undocumented purchase orders. Know more:
Every New Year allows us to reflect upon the achievements of the past year while redirecting our efforts towards the future. I think it is more of a psychological tendency for people to make promises, targets, and goals at each starting point.
In the corporate setting, budgets are prepared and subsequently approved a few days before the end of the year and implemented at the start of another. Key performance indicators are measured at the end of the year and recalibrated at the start of another. Necessarily, changes are a common theme whenever there can be a fresh start.
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