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  • BUSINESS

    Identifying and developing high-potential managers gives companies a strategic advantage

    Business, Sorayuth Vathanavisuth, Published on 02/10/2014

    » The ultimate goal of any business operation is growth. No matter what context we use, at the end of the day success boils down to increasing top-line revenue, EBITDA (earnings before interest, tax, depreciation and amortisation) and net profit. These are the magic key performance indicators that keep top executives and board members awake at night.

  • BUSINESS

    Leadership for ethical practice

    Business, Sorayuth Vathanavisuth, Published on 06/09/2018

    » Life is not easy for business leaders in these hectic and uncertain times. Besides managing themselves, they must effectively manage their people in order to reach business goals and stay ahead of the competition. They cannot do all of this by themselves. The secret is to manage and work through their people.

  • BUSINESS

    Maintaining growth with effective innovation

    Business, Sorayuth Vathanavisuth, Published on 06/04/2017

    » Since human beings are always looking for new things in life, businesses should be very good at offering new products and services as well. The great dramatist George Bernard Shaw summed up the quest for the new this way: "The reasonable man adapts himself to the world. The unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."

  • BUSINESS

    'Business and the Buddha': A book review

    Business, Sorayuth Vathanavisuth, Published on 18/05/2017

    » Business and the Buddha: Doing Well by Doing Good is one of a handful of books that directly address the application of Buddhism to the current business environment and management in particular. The book is written by Lloyd Field, who provides coaching and counselling to senior executives seeking to solve business problems through a Buddhist-influenced approach. His consulting practice has spanned some 30 years since he left Johnson & Johnson International where he was vice-president of human resources.

  • BUSINESS

    Learning from a New Year horror

    Business, Sorayuth Vathanavisuth, Published on 12/01/2017

    » When asked about the main objective of manufacturing, participants in my leadership workshops usually reply with answers such as quality, on-time delivery, productivity, and so on. None of them ever says "safety", which in fact should be the first on the list.

  • BUSINESS

    Ethical Leadership at Thai Nakorn Patana (part two)

    Business, Sorayuth Vathanavisuth, Published on 09/02/2017

    » 'Everything is based on learning from experience. I believe that, like me, all managers or executives mostly learn from making mistakes and from experience," says Supachai Verapuchong, deputy managing director of Thai Nakorn Patana Co, a major producer of over-the-counter pharmaceuticals such as Antacil, Sara and Tiffy.

  • BUSINESS

    The most critical resource: 'not-so-talented' people

    Business, Sorayuth Vathanavisuth, Published on 15/12/2016

    » Competition among businesses today is very high compared with a decade or so ago. The convergence of information technology and telecommunications has been a major driver of this phenomenon. As organisations embrace new technology and management practices, they find themselves dealing with new types of workers and top managers. Some are struggling to identify and groom rising stars in this new context. Luckily for them, there are a number of tools and procedures that have proved useful in identifying talent for future top management.

  • BUSINESS

    Ethical Leadership at Thai Nakorn Patana (part one)

    Business, Sorayuth Vathanavisuth, Published on 26/01/2017

    » 'I oversee overseas businesses, and I apply many ethical principles in my work whenever I have the opportunity to talk with the local team, and not only with the management group, regardless of what staff levels are involved," says Supachai Verapuchong, deputy managing director of Thai Nakorn Patana Co, a major producer of over-the-counter pharmaceuticals such as Antacil, Sara and Tiffy.

  • BUSINESS

    A practical path towards ethical leadership (Part 1)

    Business, Sorayuth Vathanavisuth, Published on 14/07/2016

    » When I was in primary and secondary school, we had two courses related to morality and ethics -- the duty of the citizen and Buddhism. So it always surprises me when I hear someone talk about "ethical leadership", since I have always believed that ethics is the key element in leadership right from the start.

  • BUSINESS

    Choosing the right tools for the right successor

    Business, Sorayuth Vathanavisuth, Published on 22/09/2016

    » In my article two weeks ago I discussed three steps for developing and sustaining a successful talent programme: creating a succession plan policy, identifying talent, and establishing a development programme. Today I would like to focus mainly on identifying talent, a subject on which many top executives sometimes have conflicting views.

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