A major business and human resources event in Ho Chi Minh City last week saw a plethora of top business leaders explaining the importance of defining and measuring sustainability, or as one called it, “future-fitness”, amid the current era of market disruption.
|An insightful dialogue between two motivational CEOs at the forum |
During the Vietnam HR Awards Forum, hosted by Talentnet, a number of directors, CEOs, and managers shared how they are changing the way they do and value business, enabling them to both turn a profit while solving some of the greatest business challenges of the time.
Jeffrey Fielkow, managing director of Tetra Pak Vietnam and Ganesan Ampalavanar, managing director of Nestlé Vietnam agreed on building the sustainability at the highest level not just for the company products, solutions but also for human resources. For these business leaders, things might happen in a small way every day and having a future-ready workforce is one of the most critical strategies to innovate and transform.
|Puneet Swani, career business leader of international region at Mercer presented at Vietnam HR Awards Forum 2019 |
During the first panel about new playground of work, the C-suite panelists also highlighted their focus on driving circular economy models, building innovation-lifestyle as practical strategies for the whole organisations to move forward sustainably.
Huynh Huu Khang, general director of FWD Vietnam, said that the insurance firm strongly encourages innovation from its employees. The company has launched a programme named “I dare” that promotes different proposals and changing the way things are done. As a result, the programme has generated several good ideas.
Khang further noted the unpredictability of the future. FWD Vietnam works in the financial service industry, especially in insurance.
“We don’t see much innovation in the industry in the last three decades. However, looking at the industry today and towards the next five years, it is difficult to predict what will happen,” he said. “The speed of change is so fast that all companies try to innovate themselves. We can’t control the future. We can only control ourselves. At FWD Vietnam, we keep a dynamic mindset, and are ready to accept change and adapt as quickly as possible.”
Amid volatility and uncertainty that the new playgrounds have to offer, business leaders are crafting a clear vision of where they are heading and how to stay ahead of the disruptive change. To facilitate this goal, experts agreed that workforce readiness and capabilities of employees will play an important role in deploying Industry 4.0 technologies. In addition, companies need to help foster talents and create a favourable environment to nurture their creativity.
Tieu Yen Trinh, CEO of Talentnet, the organiser of the Vietnam HR Awards Forum 2019, said that there is no doubt that human capital is one of the most valuable components of any business, and investment in human resources becomes a necessary step ensuring the business success and prosperity. Business leaders and HR professionals need to truly understand, support, and accompany each other in the process of planning and managing human resources, in order to create an engaging and transparent working environment.
“Through the Vietnam HR Awards Forum, we are looking forward to promoting the relationship between business leaders and HR and enhancing the link between business strategy and staff development, which adds to long-term corporate value and sustainable success,” Trinh said.