The theme of this year’s International Human Resources Day on May 20th is “shaping the new future”. It is a topic, which highlights how working in HR is about so much more than hiring employees and managing their benefits. It is about ensuring that every staff member has a clear career path and the opportunity… [Read the full article]
Latest Thinking
Why family governance matters
If a company wants to grow and remain successful, then it needs good governance: rules, practices and processes that apply to all employees from the board of directors downwards. Everyone has heard of corporate governance, but it is still surprising how many family-owned companies do not have similar rules and processes in place to govern… [Read the full article]
Why digitalization lies at the heart of modern procurement
Getting your procurement strategy right is the key to almost every successful business. The past few years have highlighted this as never before given the multiple and ongoing disruption caused by the Covid-19 pandemic, the Sino-US de-coupling, the climate crisis and most recently the war in Ukraine. At THP, we have risen to this challenge… [Read the full article]
Sisterhood in leading a family business
In Vietnam, we have a very famous proverb: brothers and sisters are as close as hands and feet. Anyone who has a brother or sister will instinctively understand this. Our siblings loom large in our lives no matter how often, or how little we see them. They not only share much of our DNA, but… [Read the full article]
Why listening is about understanding
In my last post I discussed what I have learned about art of difficult conversations during my career: how to have a proactive discussion with someone that does not leave them feeling that they have been backed into a corner and need to come out fighting. Part of the skill in handling those conversations and… [Read the full article]
The Art of Difficult Conversations
If there is one thing that many people dread more than anything in life it is the prospect having a “difficult conversation” with someone else. It is all too easy to put it off. But there are always consequences to this. Firstly, the problems generally don’t go away, but get worse. Secondly, the other person’s… [Read the full article]
Power of Happiness
When life is busy, it can be hard to find time to relax, let alone wonder whether we are happy or not. So it is good that the United Nations has an International Day of Happiness to remind us to pause, reflect and consider how we are feeling. The date falls on March 20th and… [Read the full article]
How understanding Vietnamese consumers means thinking beyond Hanoi and Ho Chi Minh
Do a quick Google search and you will find multiple articles about Vietnam’s dynamic growth and rising income levels. Both factors are now taken for granted, year in and year out. The country is a magnet for foreign direct investment (FDI), as companies move their supply chains out of China. It is also an attractive… [Read the full article]
Celebrating Vietnamese women who #breakthebias
This year’s theme for International Women’s Day is #breakthebias. It invites us all to imagine a gender equal world: one free of bias, stereotypes and discrimination. One that is diverse, equitable and inclusive. We all know that there’s some way to go in achieving this, particularly here in Vietnam. Indeed, it was very pleasing to… [Read the full article]
New Year – New Growth
At THP, we live and breathe our seven core values. Every day they help to guide us in creating and maintaining a brand that will last a hundred years. As we embark on a new year following Tết Nguyên Đán, the core value, which is right at the top of my mind right now is… [Read the full article]