English
“Successful digital transformation in a company means a neat and quintessential management system transformation so that the company can obtain lean, effective business model, methods and tools to develop business and the society sustainably, bringing a better life for all people”.
Assoc. Prof. Nguyen Dang Minh
According to researches of GKM Finest Management Institute on development trend of more than 1,000 companies recently, digital transformation with aspiration for sustainable development is a trend that Vietnamese companies are heading to. Many companies have been starting to launch enterprise-wide or pilot digital transformation projects through applying tools, management software programs, technical technologies (ex. automation, electronic mechanics, etc.), which covers hardware elements innovation. This is among one of companies’ investment determination with the desire to accomplish miraculous development, make a short cut to lead the trend. However, according to our survey results, more than 300 surveyed companies’ leaders answered that although they had innovated a lot of hardware, machinery and equipment, they could not succeed in maintaining and deploying potentials of these tool systems. And there have been also many companies that get confused and lost their direction when implanting too many software programs, IT apps at the same time in the company management system.
According to Assoc. Prof. Nguyen Dang Minh – Chairman of GKM Finest Management Institute, who has had many years of consulting and training on business restructuration and transformation, companies have not succeeded in digital transformation because they have not restructured their management system into a neat and quintenessential one for a sustainable development foundation. Companies are making much effort to digitalize many methods and processes that create neither practical value nor added value for them. Moreover, companies invest immense resources to maintain the system. Process digitization (the first step of digital transformation) without non-lean management system creates fatigue and is a burden for companies in transformation process.
Finding answers for the questions “How to implement digital transformation successfully in Vietnam”, “What foundation is necessary for digital transformation?”, “What should be the operating system (or gene system) for digital transformation?”, Assoc. Prof. Nguyen Dang Minh said that we must study carefully on the world’s implementation as well as characteristics of Vietnamese society, people and companies. According to him, Vietnamese companies need a transformation model appropriate for their characteristics. They cannot apply mechanically any transformation model in the world.
Since 2016, Assoc. Prof. Nguyen Dang Minh has create Made in Vietnam Finest Digital Transformation based on the Finest Gene system of Made in Vietnam Finest Management school, which has also been verified and registered for intellectual property in Vietnam and in the world.
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Made in Vietnam Finest Digital Transformation = Made in Vietnam Digital Tam the (1) × Made in Vietnam Digital Mindset (2) × Made in Vietnam Digital Method (3) × Made in Vietnam Digital Tool (4) 1. Transform current Tam the into Made in Vietnam Digital Tam the for higher effectiveness, maintain a more sustainable development system. (Copy right : Assoc. Prof. Nguyen Dang Minh, Chairman of GKM Finest Management Institute, GKM Vietnam Corporation) |
Nguyen Dang Minh, Chairman of GKM Finest Management Institute, represented on lean digital transformation models in the Conference on Digital Transformation in the Industrial Revolution 4.0 in Tokyo, Japan.
Nguyen Dang Minh, Chairman of GKM Finest Management Institute, represented on lean digital transformation model in the Forum on Businesses in Digital Economy at VCCI
GKM Finest Management Institute is also a pioneer in applying Made in Vietnam lean digital transformation model in companies in Vietnam and has been obtaining many positive results, of which the most encouraging result is that companies stand stably and develop sustainably even in Covid-19 time. Made in Vietnam lean digital transformation model based on Finest Gene system of Made in Vietnam Finest management school (which is comprised of core management genes such as Tam the management, Made in Vietnam lean mindset management, etc.) has been supporting companies to restructure and lean up management system, as well as make investment decisions suitable for their sustainable development in consequence.
GKM Finest Management Institute organized Training and Consulting programs on Finest Digital Transformation Model in Viettel Company
GUM Finest Management Institute introduced Made in Vietnam Finest Digital Transformation Model to Maritime Bank Board of Directors.
Participating in the training and consulting programs on Made in Vietnam lean digital transformation of GKM Finest Management Institute, companies are persuaded and conscious of perquisite conditions for the successful digital transformation, that are: i) improving management competence, integrating the management gene system thoroughly from CEO, EMO and FMO; ii) selecting and applying digital transformation technology and tools appropriate with demand and condition of individual company. Companies should not invest too heavily on hardware parts (IT tools) when their software parts (management competence) are incompatibly weak.
Accompanying with companies in digital transformation process, GKM Finest Management Institute proudly introduces Made in Vietnam Finest management program for CEO. The program will support CEO to transform CEO’s management competence into competences of employees entirely, which is the key for the successful digital transformation.