With a population of more than 94 million people, 20% of which are tertiary educated and 66% under the age of 30: any way you look at Vietnam there is a clear message of business opportunity.
Deciding on the company culture is the precursor for selecting and developing leaders. The process must be decided or owned by the CEO. It must project into the company values, the talent acquisition, onboarding and compensation and benefits.
Many clients ask me how it is possible to scale a sustainable business and grow market share.
It is common for successful businesses that have a healthy market share in a set geography to extend themselves to new countries and regions. The rationale and the strategy behind the expansion could range from reducing manufacturing costs, increasing supply chain efficiency and market expansion. The discussion around “Globalization” and “Global Talent” is a key part of the business vernacular.
“Jugaad” is a colloquial Hindi and Punjabi word which means innovative fix or simple work around. Depending on the context it can have many meanings when translated to English. Some of these can be “out of box thinking”, economic workaround or hacking. Jugaad has become an acceptable business management technique and is taught and studied in Indian schools.
When I first became involved with TELL four years ago I learned that most people are connected to TELL for very personal reasons. I am a businessperson, a husband, a father, a son and a brother. I am fortunate that mental health issues have not been prevalent in our family. However, there have been many instances when I have supported staff who have had difficulties. I also know mental health professionals and many people associated with the TELL community.