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When Steven Tan was appointed as president of SM Supermalls, he immediately faced challenges including the Taal Volcano eruption and the COVID-19 pandemic. How did he overcome these problems and how is taking the country's biggest mall group into the future?

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Transcript
00:00I don't think that I would be who I am today without those experiences that I had.
00:06It made me stronger, it made me a better person,
00:09understanding really what the needs of our people and our community.
00:15My name is Stephen Tang, I'm the president of SM Supermalls.
00:30Do you know that the next mall that I opened after the podium was Mall of Asia?
00:38You see the contrast, right?
00:41You know, when you're young, you don't know fear.
00:45You don't know any, fear is not in the equation.
00:50When I was asked to open the Mall of Asia, you know, it was a daunting task
00:55because it's so big and there's no community around the area.
00:58But you just do it.
01:00Just do it, just focus and make sure that you give your best.
01:04I am still a physical kind of guy, you know.
01:07I do browse a lot online, but when I've decided to buy,
01:12I would go to the physical store because sometimes the fit of a jacket
01:16or the fit of a jeans would not be the same, you know, when shopping online.
01:22And it is sometimes very troublesome to have it exchanged again or to send it back, you know.
01:27So I always like to fit it before I buy it.
01:30I always want to use it.
01:33For example, if I buy a bottle of cologne, I always use it first.
01:38And I go around the mall, hmm, I really like it.
01:41It stays well.
01:42That's the only time that I'll buy it.
01:44So those kind of things cannot be done, you know, online.
01:52SM has become a modern day park and a modern day park that is comfortable for people to dwell.
01:59So nowadays, people are more into experiences.
02:07It's no longer you go to a shopping center, you buy something and you leave.
02:13Nowadays, this has transitioned into you go to a store,
02:18you wanted to have that communication and conversation with a product
02:23and trying to see also what value can that give you.
02:31My advice is hold up your sleeves and do the dirt job.
02:36There's no such thing as an overnight success.
02:40You really work your way up.
02:53And I want to be back.
03:03Come on.
03:04Let's go.
03:06Let's go.
03:09Let's go.
03:10Let's go.
03:12Let's go.
03:16Let's go.
03:22Let's go.
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