SET Chairman Sathit Limpongpan said, “Thai businesses have room to boost their efficiency after the latest ranking by the International Institute for Management Development, Switzerland, showed that Thailand’s competitiveness was placed at 27th in the world. Criteria used were economic capacity, government efficiency, infrastructure and business efficiency. In business efficiency, Thailand was ranked at 18th place in 2013. SET believes that listed companies play a major role in boosting our country’s competitiveness. Thus, SET is cooperating with Thailand Productivity Institute to develop management skills to boost productivity among listed companies and those seeking listing, including developing key indicators for organizational efficiency evaluation, such as leadership process, strategic planning, stakeholder focus, information and knowledge, human resources, and quality management, as well as best practices nationwide.”
Ministry of Industry Permanent Secretary and Chairman of Thailand Productivity Institute, Vithoon Simachokdee said, “We are very pleased with this cooperation because well-prepared companies can withstand all kinds of risks or uncertainties. Thai companies should take advantage of the global fierce competition by strengthening their competitive capabilities and seeking opportunities from the crisis. Increasing productivity is the main factor that will drive organizations towards success and sustainability. We have learned from success stories of how leading organizations reach targets efficiently and how to apply lessons learned to our own environments. This joint project will definitely be useful for the overall business sector and help Thai entrepreneurs to grow sustainably.”
With its 20-year consulting experience by experts, Thailand Productivity Institute is ready to help enhance productivity management skills among listed companies nationwide and those awaiting listing. The institute analyzes problems and finds right-to-the-point solutions, probing the overall development process from upstream to downstream, via coaching, on-the-job training and seminars. Eastern Water Resources Development and Management pcl (EASTW) has been the first company to participate in this joint project.
For more information, please contact the SET Listing Development Department, call 0 2229 2014 or visit [email protected]