Ask someone what family means to them and their first answer will almost certainly involve their parents, siblings and other relatives. But probe a little deeper and there are likely to point to other people in their lives who they describe “as like family to me”. And so it is at THP. Alongside the Tran… [Read the full article]
Tag: family business
Why governance is so important for family-owned businesses
Family: what do you come up with if you play word association? I hope the answer involves words like love, security and commitment. It is good to feel all three when operating a family-owned business too. But the key issue is to make sure that the love family members have for each other does not… [Read the full article]
Why the pendulum is swinging back to family-owned companies
For the past couple of years, I’ve used this blog as a platform to examine how THP conceptualises value creation and outline the different processes we’ve put in place to achieve it. I’ve talked a lot about core values, as we view these as the foundation stone for both our short- and long-term success. One… [Read the full article]
Using the family model to create a thriving workplace
In the late 1950’s, Pope John XXIII famously described the family as the first essential cell of human society, or as we say in Vietnamese: “gia đình là tế bào thiết yếu đầu tiên của xã hội loài người”. Our government has also adopted this phrase as one of the main slogans for Vietnam Family… [Read the full article]
Encouraging a learning culture
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]
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]
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]
Financial Planning to Manage Uncertainty
The Covid-19 pandemic has fundamentally changed the way that most of us work. One of the most visible examples is the growth of remote office environments and they are likely to continue, in one form or another, after the pandemic ends. But there are many other less visible but equally important changes governing the way… [Read the full article]
THP’s 2021 in review: gone but unlikely to be forgotten
Regular readers of this blog will know that at THP we live by the maxim that “Nothing is Impossible.” It is one of the company’s seven core values, embodying the spirit of both of my parents who faced one challenge after another establishing a livelihood in the aftermath of the Vietnam War and then setting… [Read the full article]
Why camaraderie is now more important than ever
What do managers mean when they talk about fostering a spirit of camaraderie in the workplace? And why is it so important for a well-functioning company? If we take a look at the origins of the word itself, then it derives from the Middle French for camarade, which means a group sleeping in the same… [Read the full article]
