5 CEOs of Well-Known Businesses Reveal the Secrets of Transformations;
SEAC, a leader in personal and organizational development that ignites a passion for lifelong learning, organized a seminar on “Transformation Starts at the Top!” inviting 5 top executives of well-known companies in the country to join the seminar on transforming the organization starts from the top executives in order to achieve sustainable growth and cope with the changes of the global society. One of the key elements of ‘Transformation’ is that it is not only about transforming financial and administrative management but also enhancing potentiality of people to work more efficiently, without forgetting to consider happiness of work. Dr. Chairat Panthuraamphorn, Managing Director and Chief Executive Officer of Samitivej Hospital and BNH Hospital Group “Take good care of the good employees. Treat differently for those who always cause setbacks.” First interesting thought was from Dr. Chairat Panthuraamphorn, Managing Director and Chief Executive Officer of Samitivej Hospital and BNH Hospital Groups, leading private hospital groups in Thailand and Southeast Asia. He talked about managing people during the transformation period that “Maintaining the balance of human resources is essential. During the time when Samitivej Hospital was affected by the COVID-19 pandemic, we needed to find ways to manage cash flow of the organization and streamlined the organization through the ‘Transformation’ team to enhance working efficiency. We initiated the concept of 4 Saves, 1 Seize as follows:
- Save people – We have to understand that every staff is important element in driving the organization. Executives must do their best to save every employee during the pandemic and must be the one they can rely on when they got sick.
- Save family – Family means every matter in the whole hospital. For example, on the day when our income dropped, we needed to find ways to cut more expenses so that we could save our family.
- Save Money – We chose to cut expenses and unnecessary manpower and save the rest for important things.
- Save work – We must consider what work should be removed or what work should be enhanced to add more value. And 1 Seize means seizing the good opportunities by transforming work, money, and assets that we have into additional sources of income for the organization as much as possible. At the same time, he also revealed the techniques of managing people with the concept of ““Take good care of the good employees. Treat differently for those who always cause setbacks.” And lastly, he revealed the secret of ‘No Vision’ management by creating value and embracing agility as the guidelines for doing business in the constantly changing world in order to handle the new situations in a timely manner.”