Central to the Aboitiz Group’s Great Transformation (GT2025) is building a future-ready, agile, and entrepreneurial organization that encourages team members to co-create and engage in innovation experiments to discover how we can improve the way we work and create value for our stakeholders.

In line with this, Group President & CEO Sabin Aboitiz approved a PHP39 million exploration and experimentation fund to support team members in jumpstarting their own innovative ideas. Each team member will have PHP5,000 in seed funding released to them via cash advance and subject to liquidation after the experiment period. They can either use it to work on projects individually or collaborate with others and pool the money for a larger capital. This program is open to all team members from the Corporate Center as well as those in the Power, Food, Infrastructure, Land, Construction, and Data Science strategic business units.

Instilling innovation in Aboitiz is about discovery and experimentation in both our personal and professional lives. We have accelerated transformation across our business processes, decision-making methods, and collective way of thinking — inside and outside our job titles — to move us forward in our ambition to make Aboitiz a world-class innovator.

– Sabin M. Aboitiz, President & CEO, Aboitiz Group

For the Aboitiz Group, empowering A-People to conceptualize and implement new ideas is the path towards opening minds further in the organization, thereby pushing creativity in design and development regardless of scale or complexity. With or without the use of technology, the innovation experiments can pave the way for opportunities that enhance or add value to the Group in the short- or long-term. Innovative thinking is key to transforming the way we work so it becomes easier, more efficient, and more productive all at the same time.

These experiments will help nurture the innovative spirit of the Great Transformation. There are a multitude of challenges that can be addressed through experimentation, and I would like to encourage each team member to apply an entrepreneurial mindset in selecting opportunities that will create larger value, impact, and advantage if successful. Do not be afraid of failure. When we fail, we learn, and when we learn, we succeed.

– Adrienne Heinrich, Innovation and Process Management Lead, AEV

At AEV, for example, team members will go through a three-month experimentation phase complemented by a rewards and recognition program for best-in-class outputs and lessons learned. At the end of this period, listening channels will be set up to collate the unique stories behind each innovation journey.

Through this program, we will get to see the GT 2025 in action by watching each other collaborate and contribute to business value through incremental and transformational innovations benefiting both ourselves as individuals and the organization as a whole.

Your BU Innovation Working Group representative will reach out to you for further guidelines.

For any questions and clarifications please feel free to message Rogie Abala of AEV Innovation & Process Management Team.