English
The foundation to solve the critical problem is Tam The, problem-solving attitude and out-box thinking
Assoc.Prof.Dr.Nguyen Dang Minh, President of GKM . Institute of Finest Management
The Covid pandemic is still complicated worldwide, significantly affecting many economic sectors in Vietnam. Faced with a broken supply chain, human resources recruitment due to the epidemic, and business conditions changed, Vietnamese enterprises cannot apply traditional processes and management methods to respond to actual problems. Vietnamese enterprises as well as international business have to figure out how to live the Covid and adapt their business to the changing world.
Assoc. Prof. Dr. Nguyen Dang Minh, President of GKM Institute Finest Institute, author of Openness*Elasticity*Resilience MIV Finest Manufacturing Model
Understanding the difficulties mentioned above, with good Tam The to companion and contribute for the development of country and Vietnamese enterprises during and after the epidemic seasons, GKM Finest Institute, has introduced Finest production model “Openness*Elasticity*Resilience MIV” to help Vietnamese companies to solve the challenging business issues. This model is quintessentially and finely implemented in practice, such as creating solutions to change production management to ensure the safety, and at the same time streamline the number of employees to ensure epidemic prevention regulations. The term “ Openness*Elasticity*Resilience ” mentioned here emphasizes the capability to adapt to the new situation, lean in thinking and acting in “Openness*Elasticity*Resilience” to the demands of society. In particular, the solutions for training and human resource development in which all employees understand and share the same vision and action with leaders is an important solution of this model.
According to Assoc. Prof. Dr. Nguyen Dang Minh, this model has been supporting businesses to have enough resistance and ability to cope with not only the Covid-19 pandemic, but also the negative impact of many external factors in the future toward sustainable development. Enterprises have strategic solutions to build a flexible organizational structure, unify the management operating system in a streamlined and effective manner on the foundation of the DNA Made in Vietnam Finest Management Technology. The importance of the model is to train and develop human resources at all levels inside the company, promote initiative for people, and build capacity to cope with life’s changes.
Vietnam is a country with a market share of nearly 100 million, Assoc. Prof. Dr. Nguyen Dang Minh also proposed solutions to support Vietnamese enterprises to conduct R&D activities for the domestic market, and be able to be independent from foreign markets.
Creating a model of “Openness*Elasticity*Resilience” so that Vietnamese entrepreneurs should closely link together, in order to close the supply chain, Vietnamese enterprises will own the chain and produce complete products with Made in Vietnam, Made by Vietnam to sell in the domestic market and export to foreign countries.
This is the “MIV Finest production strategy” of GKM Finest Institute. GKM Finest institute has created a solution system and consulted for thousands of Vietnamese enterprises over the past 9 years, the strategy of closing the supply chain Made in Vietnam, Made by Vietnam has been showing its effectiveness both during and after the pandemic. Vietnamese businesses will sustainably develop managerial and technical knowledge. In parallel with participating in the global supply chain, the Vietnamese business accustomed with Made in Vietnam Finest Management Technology will build its own product chain, jointly creating high-class Made in Vietnam Made by Vietnam products for the domestic and international markets.
The production model and business strategy ” Openness*Elasticity*Resilience MIV” of GKM Finest Institute has confirmed its effectiveness during the epidemic season, the results show that most Vietnamese enterprises have applied Made in Vietnam Management. Made in Vietnam Finest Management has helped enterprises adapt quickly and develop sustainably during the epidemic season. Made in Vietnam Finest Management has been built purely In Vietnam, by Vietnam and for Vietnam and worldwide. This method has been affirmed not only in Vietnam, but also at international scale.
News GKM Finest Institute, October, 2021
Refer to the interview at VOV1, Economic Flow Program, October 7, 2021
Assoc.Prof.Dr. Nguyen Dang Minh shared the Openness*Elasticity*Resilience MIV Finest Management model at the economic flow VOV 1 program