MANILA - Cebuana Lhuillier president and CEO Jean Henri Lhuillier says that with the right people working for him, a boss can focus on pursuing the company's vision instead of micromanaging.
The second-generation boss is banking on the growth of Cebuana's microinsurance business as stiffer competition among pawnshops and the changing habits of millennials put pressure on the pawn business.
"Sometimes, you get bottled down to the details and it's not really good. Focus on strategy and focus on executing that mission, vision," he tells ANC's The Boss.
Lhuillier says he believes in reading to improve as a leader, adding "I make sure my managers do the same."
Catch full episodes of The Boss on iWantTV and tfc.tv. New episodes premiere on ANC at 7:30 p.m. Thursdays with replays on Thursday, 11 p.m.; Friday, 3:30 a.m. and 1 p.m.; Saturday, 4:30 a.m. and 10 a.m.; Sunday, 10 p.m.; and Monday, 9:30 a.m.