Business

World Economic Forum on East Asia 2012

Located at the heart of ASEAN and representing its second largest economy, Thailand is an ideal place to discuss how senior decision-makers can shape the region’s future opportunities while creating the models for improved risk management and sustainable and equitable growth

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Business

5 Ways to Hire People Who May be Smarter Than You

Helpers do what you say, while good help does what you need, without you saying anything. People who can help you the most are actually smarter than you, at least in their domain. Top entrepreneurs spend more time putting the right team in place to accomplish their objectives than they spend on any other components of their job. Some entrepreneurs are so in love with themselves (narcissistic) that they insist on answering every question, and making every decision

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Business

Don’t be Too Busy to Do Some Reflective Thinking

Startups and entrepreneurs are drowning in the information overload, where the volume of data created is like a new Library of Congress every 15 minutes. That creates a huge gap between data and meaning, and makes quick decisions and action ever more difficult. We all need to take a little more time to think

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Business

10 Concrete Steps to Assure Business Innovation

Continuous innovation is required to survive in all businesses, beginning with a startup, and increasing in importance as your business matures. Technologists often insist that new things can’t be invented on a schedule, but successful companies seem to be able to do it on a regular basis.

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Business

6 Key Attributes of a Winning Business Culture

I’m seeing a renewed appreciation of culture and values in business these days. Maybe it’s just another example of nature abhorring a vacuum, but I prefer to think it’s a natural evolution of the pervasive social networking communities, where people relate to and expect to interact with businesses and products they like.

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Business

You Can’t Be the Victim as an Entrepreneur

People with a victim mentality should never be entrepreneurs. We all know the role of starting and running a business is unpredictable, and has a high risk of failure. For people with a victim mentality, this fear of failure alone will almost certainly make it a self-fulfilling prophecy. I’m sure you all know someone who is the perennial victim

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Business

Thai Auto production to exceed 2.2 million units this year

The Federation of Thai Federations (FTI) projected Thailand’s automobile production will reach 2.2 million units this year, resulting from resumption of full capacity operations, FTI Automotive Industry Club spokesman Surapong Paisitpattanapong said on Thursday.

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Business

Test Your Business Model Against These 10 Elements

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green, or because their goal is to reduce world hunger. I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. The most common failures are solutions looking for a problem, lack of a defined market, and giving away the product

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