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    Narrative Report

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    Fatima Visitacion
    SM Investments Corporation (SMIC) started in 1958 as a shoe store and has grown to become one of the largest holding companies in the Philippines. It owns over 200 grocery stores, 62 department stores, and 56 supermarkets. SMIC operates in property, retail, financial services, and banking. Its vision is to be a catalyst for development and its mission is to provide high quality service to customers and communities while delivering sustainable returns. SMIC aims to become Asia's most popular retail chain through innovation and partnerships.

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    Narrative Report

    Uploaded by

    Fatima Visitacion
    270 views2 pages
    SM Investments Corporation (SMIC) started in 1958 as a shoe store and has grown to become one of the largest holding companies in the Philippines. It owns over 200 grocery stores, 62 department stores, and 56 supermarkets. SMIC operates in property, retail, financial services, and banking. Its vision is to be a catalyst for development and its mission is to provide high quality service to customers and communities while delivering sustainable returns. SMIC aims to become Asia's most popular retail chain through innovation and partnerships.

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    SM Investments Corporation (SMIC) started in 1958 as a shoe store and has grown to become one of the largest holding companies in the Philippines. It owns over 200 grocery stores, 62 department stores, and 56 supermarkets. SMIC operates in property, retail, financial services, and banking. Its vision is to be a catalyst for development and its mission is to provide high quality service to customers and communities while delivering sustainable returns. SMIC aims to become Asia's most popular retail chain through innovation and partnerships.

    Copyright:

    © All Rights Reserved
    Download as ODT, PDF, TXT or read online from Scribd
    Download as odt, pdf, or txt
    270 views2 pages

    Narrative Report

    Uploaded by

    Fatima Visitacion
    SM Investments Corporation (SMIC) started in 1958 as a shoe store and has grown to become one of the largest holding companies in the Philippines. It owns over 200 grocery stores, 62 department stores, and 56 supermarkets. SMIC operates in property, retail, financial services, and banking. Its vision is to be a catalyst for development and its mission is to provide high quality service to customers and communities while delivering sustainable returns. SMIC aims to become Asia's most popular retail chain through innovation and partnerships.

    Copyright:

    © All Rights Reserved
    Download as ODT, PDF, TXT or read online from Scribd
    Download as odt, pdf, or txt
    of 2

    I.

    SM Investments Corporation (SMIC)


    II. Background of the Business
    Sm founder Henry Sy. Sr, started his first company in 1958. From selling a
    good pair of shoes to every Filipino, he transform his shoe store into department store.
    SM Investments Corporation evolve into one of the country’s largest holding companies in
    the Philippines. It owns 62 department stores, 56 supermarkets and more than 200
    smaller grocery stores. It also engaged in financial services, retail, banking and properties
    in the Philippines.The firm operates through the following segments: Property, Retail and
    Financial Services & Others.
    Vision: To build world-class businesses that are catalysts for development in the
    communities we serve.
    Mission: We will partner with our host communities to provide a consistently high
    standard of service to our customers, look after the welfare of our employees and deliver
    sustainable returns to our shareholders, at all times upholding the highest standards of
    corporate governance in all our businesses.
    Objectives: SM is aiming to become the Asia’s most popular chain through
    constants innovation and partnership with the world’s best retailers. With their partners
    and employees, they will perform a better quality for the communities tehy are serving and
    will also support programs and activities that are socially responsible and environmentally
    sustainable.
    Organizational Structure:
    Hans Sy - President

    Gregorio Kilayko – Independent Director

    Senen Mendiola Herbert Sy Henry Sy Teresita Sy


    Director Director Director Director

    Diana Dionisio Jose Cuisia Henry Sy Jeffrey Lim


    Vice President Independent Vice Chairman of the Chief Finance
    (FINANCE) Chairman of the Board board Officer Executive

    Vice President
    III. Description of the Products/Services
    SM-one of the largest holding companies in the Philippines and it engaged in
    financial services, retail, banking, and properties in the Philippines. The firm operates
    through Property, Retail, and Financial Services. The Property segments in mall,
    residential, commercial development, hotels, and convention center operations. SM also
    have stalls that provided basic necessities, personal care items, and household products.

    IV. Skill/Interest
    • Analytical Skill – an Accountant must be an Analytical to collect and analyze
    information just to solve or find the answer to the problem.
    • Time Management Skill – Knowing how to organizing and dividing our time is a
    must. A good time management allow us to work smarter and make us focus on our
    work even more.
    • Interpersonal Communication Skill – Having a good communication to our
    colleagues and clients can build a strong understanding.
    • Credible – To be an Accountant, being reliable and reasonable plays a vital role.
    This will allow the investor to trust the information they receive about the companies
    in which they invest.

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