If running and sustaining a business is difficult, running and sustaining a family business is extremely difficult. So much is invested resulting in a great deal of expectation placed from one generation to another. There is a Vietnamese proverb that says, “The rich do not stay rich and the poor do not stay poor for… [Read the full article]

In the West, great emphasis is placed on the word “teamwork.” Beginning in school and into one’s career, individuals are expected to be effective team players and are rewarded for operating effectively within the team dynamic. It’s the subject of courses, studies, and countless articles. While the tenets of the Western concept of teamwork are… [Read the full article]

As I touched on in a previous post , true leadership requires a great amount of humility, self-awareness, and self-control. Each of these characteristics contribute to what may be one of the more important aspects of true leadership: accountability. It is always easier to find excuses and far harder to embrace setbacks and mistakes with… [Read the full article]

In a post-war Vietnam, there was a huge amount to uproot some of the most oppressive aspects of patriarchy during the middle of the 20th century. Wife beating was publicly condemned, and child marriage was outlawed. Female emancipation was enshrined in our Constitution: “Women enjoy equal rights with men in all spheres of life: political,… [Read the full article]

Effective leadership is a tricky skill, one that does not come naturally to many. Even those who may be a natural leader will find that within the workplace, success with those you lead and manage may be more difficult than initially thought. Much of this has to do with a shift in perspective that must… [Read the full article]

According to Gallup, 87 percent of employees worldwide are not engaged at work. The companies that are able to effectively engage their workforces outperform their peers by 147 percent in earning per share. Engaging your workforce is a crucial component of a successful business. When employees are interested and feel invested, they do better work,… [Read the full article]

Globalization has changed business as we know it. This phenomenon has led to the “multinational”—companies whose reach can seemingly take over every inch of the world. While many of these companies have been created with a Western approach to business, Asian corporations are rising, forcing Western-style multinationals to create new strategies when it comes to… [Read the full article]

Another way to consider this topic—of how technology can help you grow your business – is how the lack of it will not only prevent growth, but possibly hurt your business. Technology is an inseparable part of creating and running a business—at any scale. From telecommunications, customer touch-points, and an online presence, to process-specific systems,… [Read the full article]

Our family’s mission is to share a culture of leadership, integrity, commitment, and talent so we can build a global business that creates wealth, enhances our family’s reputation, and makes a positive impact on society. It’s this mission that has influenced the start, existence, and growth of THP’s success as a company.  Our success would… [Read the full article]

It’s what companies – in the US alone – spend billions seeking to achieve.  It’s what accounts for a good portion of any business’ marketing budget: brand loyalty. Companies all over the world are working tirelessly to win over consumers who are there to stay and who will continue buying from them. In a recent… [Read the full article]