Transforming CEO’s Managerial capabilities in to corporate’s managerial capabilities by Made in Vietnam Finest Thinking, is the foundation of digitalization

“Developing business management capabilities by “Made in Vietnam” Finest Management School is developing the management capabilities of senior leaders, middle leaders and employees along the same DNA. This is the suitable solution for digital transformation in Vietnam”.

Assoc. Prof. Nguyen Dang Minh

According to the notes recorded at the Made in Vietnam Finest CEO course 40 (starting on August 4, 2019), most CEOs shared: i) We have applied many management solutions but after time it is very difficult to maintain efficiency. Therefore, we feel discouraged, not to follow any methods of management but managing by our own way. However, we recognize that the labor productivity of enterprises is still not high and lacks sustainability; ii) The larger the enterprise is, the more time will be taken for the heads to resolve the issues and problems arising in production and business activities; iii) Even if there is a good management solution, the core management solutions (DNA management) of business leaders are difficult to penetrate to the staff level. CEOs are eager to learn Made in Vietnam lean management solutions so that they can gradually solve chronic management issues that have existed for many years in their businesses.

The experience of working with more than 1,000 enterprises which have participated in Made in Vietnam Finest Management programs in the past 8 years reveals that most of Vietnamese entrepreneurs have moved up from practicers and are often concerned with capacity development of practicing and technology. There is less caring for choosing solutions to develop management capability across the system (senior, middle and staff) to consistently follow a school that fits with the reality of the business.

Some business leaders pay attention to management. There are entrepreneurs who learn a lot about management from many different sources, from many schools, try to apply good things or deploy immediately, however, the end result is a system of inconsistencies which is bulky and more formal than effective. This is also a limited point affecting the sustainable development platform of Vietnamese businesses.

CEOs and business executives are the leaders of businesses who usually have the most business management capability. Strategic decisions for enterprise development are well planned but often difficult to implement and to be penetrated to staff. One of the main reasons is the lack of uniformity in the business management system. At all levels, even the heads,  management capacity also faces difficulty concerning solutions to improve the management capacity for all members of the enterprise to improve productivity and promote the potential of individuals for artificially creating added value for businesses.

Recently, with the issue of digital transformation, many businesses have started to apply technology and management tools with the desire to increase productivity and create new values, but without the management foundation, solidly, new technology tools and systems will become burdens (investment costs, depreciation, technology waste …). This is similar to a rickety child wearing a battle armor of giant soldiers.

Therefore, before applying digital transformation, businesses need to build a management foundation, homogenizing the management DNA in a uniform school from the leadership to the members of the the businesses. This is the key for success of the business transformation.

The Made in Vietnam Finest CEO Program solves the problem of improving management capacity for business leaders, assisting CEOs in transforming the CEO’s management capacity into the management capacity of all business members. This is the key to a successful digital transformation.

Made in Vietnam Finest CEO Program Course 40 is built on 2 main pillars: i) On the basis of the Made in Vietnam lean management school (has registered for intellectual property rights in Vietnam and the world) ii) The program has successfully trained and consulted to more than 1,000 businesses. The program has been increasingly being applied by entrepreneurs as a guideline for sustainable development of their businesses. The program has 6 modules: Module 1: Made in Vietnam Finest Management Module 2: Made in Vietnam Finest Strategy Management Module 3: Problem solving science Module 4: Made in Vietnam Finest Quality Management Module 5: Made in Vietnam Finest Human Resource Management Module 6: Orientation advice applied in enterprises See more details of the program at:   https://gkmfinest.gkm.vn/en/training/lean-ceo-made-in-vietnam-program/