VN Newsletter24

download VN Newsletter24

of 10

Transcript of VN Newsletter24

  • 7/30/2019 VN Newsletter24

    1/10

    In this issue:

    The DutchVietnam

    Management Supporter

    This magazine was first

    published in March 2007. It is

    digitally distributed among

    my Vietnamese and Dutch

    business & private associates.

    Purpose: to keep them

    informed about my activities

    in Vietnam and overseas

    This amazingly attractive andenergetic country has rapidly

    conquered my soul, and

    become my home away

    from home.

    Loek Hopstaken

    P r o f . L o e k H o p s t a k e n

    E m a i l :

    l o e k @ h o p s t a k e n . c o m

    M o b i l e :

    090 888 9450

    October 2, 2012

    6th year, no. 5

    The Power Trap

    Activities Oct.-Nov.

    1

    2

    MD Program SBOEV

    Corporate Culture

    Why Strategy?

    3

    4

    5

    Selecting MBA

    Integrity in business

    Innovation in Asia?

    6

    7

    8

    Hopstaken Services

    Contact information

    9

    10

    The Power TrapIn my role as business consultant I meet many people in

    power positions. Those that successfully sustain their po-

    sition of power have 12 things in common. I notice they

    1. keep in touch with people who matterfrom workers

    to & shareholders to family & friends

    2. listen to know whats going on in their organization

    and in the world at large, to see how they can serve3. think about the future, including succession

    4. refrain from abuse of power & publicly condemn it

    5. realize the danger of listening exclusively to yes peo-

    ple and ignoring those who have different viewpoints

    6. do not show off their wealth; they remain humble

    7. do not feel or act above the law, even if they make

    laws themselves; integrity is their bottom line

    8. seek truth, while using their critical thinking skills

    9. care for & support the growth of their people

    10. understand that increase of power comes with in-

    crease of social responsibilities

    11. refuse to give in to cynicism, even when they have

    ample reasons to distrust people

    12. know they dont know everything & keep on learning.

    Power changes people, and not always for the better. Its

    a trap. Some are addicted to power. They lose rationality.

    You will know one or two who insist they are right when

    they are clearly wrong. Others disconnect from their

    friends. Just go over the 12 points. Can you learn to avoidthe Power Trap? I think so. But it requires will, education

    and guts. APersonal Coach may be a solution. LH

    Having power is not nearly as

    important as what you choose to

    do with it.

    Roald Dahl

  • 7/30/2019 VN Newsletter24

    2/10

  • 7/30/2019 VN Newsletter24

    3/10

    36th year, no. 5

    The Dutch Vietnam Management

    Supporter

    How do you develop managers? Firstly, you have to find out what they know & dont

    know, what they are good at and what they feel needs improvement. Secondly, you discuss

    with the top manager and HR the companys future, to determine what competences your

    staff has, and which ones are missing. Thirdly, you design a program which connects as

    much as possible with the reality & actuality of the company. To make it all digestible yet

    effective, you spread out the 7 mostly 2-day sessions over a period of 8 months.

    Although most participants command of English is fine, we decided to work with

    an interpreter. Mr. Ngo Kiem Hieu has extensive experience both as manager and univer-sity teacher, and his English is excellent. His familiarity with technology enables him to

    tackle those soften tricky technical terms. All in all, Mr. Hieu is much more than a trans-

    lator or interpreter: he adds true value to the course content. Highly recommended!

    The program is now complete. We ended with a summary & evaluation day at the excel-

    lent Phng Nam Resort.

    People cannot be managed. Inventories can be

    managed, but people must be led. H. Ross Perot

    Schoeller Bleckmann OEV completes its

    Management Development Program

    Mr. Ngo Kiem Hieu

  • 7/30/2019 VN Newsletter24

    4/10

    The Dutch Vietnam Management

    Supporter

    6th year, no. 5 4

    November 19-23 I will deliver the Organizational Culture, Design & Development

    Course at Royal Business School, Ho Chi Minh City.

    In this 5-evening-course you will learn what organizational or corporate culture is, and what

    to do (and not do!) when you want to change it. We will take a look at different

    organizational cultures, and what currently are the most successful ones. The program:

    1. What is your organizational or corporate culture?2. How to define a successful corporate culture

    3. Embarking on the journey to cultural change

    4. Designing an organization that meets the requirements of a global economy

    5. Developing both the organization & its people: the future starts today.

    For more information: http://www.royal.vn

    Do you want a new culture?

    The word LISTEN contains the same letters as the word SILENT.

    Alfred Brendel

    Royal students after completing their

    Interpersonal Communications Course

    Many years ago Jack Welch, then CEO of General

    Electric, wanted a 2-day program to induce a cultural change.

    He asked 50 top consultants for advice. Among them, Dave

    Ulrich (left).

    Dave Ulrichwho was in HCMC just one year agotold Welch:

    If you want to waste a million dollars, go buy a corporate jet.

    Dont do a two-day program, because its not just going to waste

    money, its going to hurt. People will get expectations, and they

    wont be realized back in the workforce. Welch called him the next day and asked him to help design a pro-

    gram to cut the workload and bureaucracy at GE. This was no two-day plan. Workout, as it came to be

    called, lasted nearly a decade. To create lasting change, Ulrich and fellow Workout architect Steve Kerr

    held to one central tenet: Make change a natural act in a natural place. Sticking to familiar locations,Ulrich led town-hall meetings and hit factory floors. Workout helped to generate an openness we never had

    before in the company, Welch recalls. We needed smart, independent people like Ulrich so that our own

    hierarchy wouldnt get in the way. From: Lucas ConleyThe Once & Future Consultant (2005)

  • 7/30/2019 VN Newsletter24

    5/10

    The Dutch Vietnam Management

    Supporter

    6th year, no. 5 5

    Thanks to theHubble Space Telescope

    we can look at the universe. The

    picture (left) shows many galaxies.

    But the moment the image of a star or

    galaxy reaches Earth the light may

    have travelled from a few years to

    billions of years. In fact, in this

    picture we look back as far as 13,2

    billion years (see footnote). Scientists

    hope to learn more about the origins

    & developments of the universe in

    order to better understand how it all

    works, and to be able predict the

    future of Earth and our solar system.

    In business we also look back. Right

    now many scientists try to explain

    why the financial crisis happened, so

    we may be able to prevent it from happening again. However, the problem is that

    Mankind has never been very good in learning from its own past. At this moment

    we see that banks around the world tend to continue their way of doing business

    as if the financial crisis didnt really happen. Many banksincluding some in theNetherlandsreceived big time support from the governmentread: the tax

    payers. Many have already paid back their debt, but the situation hasnt resulted

    in major change. The EU faces big problems. Hence: history may well repeat itself.

    Why strategy? We need to prepare for the future, even when we cannot accurately

    predict it. Looking back we try to learn from the past, so we are not doomed to

    repeat it and will be more in charge of our own destiny. Strategists then must

    have the ability to look back, looking for lessons, and apply those lessons in the

    pathways they design to fullfill their mission and to reach their goals. Which

    should include the observation that many havent really learned their lessons.

    Why strategy?

    Looking back 13,2 billion years ...This image, called the Hubble eXtreme Deep Field (XDF), combines Hubble observations

    taken over the past decade of a small patch of sky in the constellation of Fornax. With a

    total of over two million seconds of exposure time, it is the deepest image of the Universe

    ever made, combining data from previous images including the Hubble Ultra Deep Field

    (taken in 2002 and 2003) and Hubble Ultra Deep Field Infrared (2009).

    The Hubble eXtreme Deep Field image contains several of the most distant objects ever

    identified, making it the deepest image of the Universe ever taken.

    Source: www.TechRepublic.com

    Never underestimate the power of stupid people in large groups.

    George Carlin

  • 7/30/2019 VN Newsletter24

    6/10

    The Dutch Vietnam Management

    Supporter

    6th year, no. 5 6

    Nowadays, MBA programs have a problem.

    Not that people are less interested in getting the

    certificate. On the contrary! But the increasing

    demand leads to several providers offering MBA

    that just isnt worth considering. Id even go as

    far as calling them a fraud: asking money for a

    way below standard product. Of course one can-

    not expect much when a provider asks US$ 5,000

    or less for a full MBA, when a genuine MBA will

    be at least US$ 8,000. Realize that a top MBAprogram may cost US$ 100,000 or more.

    Selection criterium no. 1: You cannot expect a

    royal seat paying only a dime. When comparing

    price, dismiss the impossibly cheap ones.

    2: who are the teachers?Ask for their creden-

    tials. By the way, PhD is NOT a requirement for

    an MBA teacher. An MBA course is not about be-

    coming a scientist. In essence MBA is a vocational program, using insights & tools

    from both science (economics; humanities; math; finance) and business, resulting

    in graduates who know how to translate scientific, empirical & other findings into

    practical & successful business applications.An industry expert with lots of business &

    management experience is valued higher than a scientist with PhD but no or little business

    experience. MBA students dont want theory or experimental thought, they want insights &

    tools with a proven record of workability. Workable not just in the USA, but also in Vietnam.

    A 3rd selection criterium is actuality. This may be the hardest one. For instance, most

    MBA providers ignore the rise of social media, and what impact they have on business (see

    DVMS no. 22). You should ask any MBA provider if books are used that have been published

    before the start of the financial crisis. Or business cases >5 years old. The world has

    changed, and keeps changing. It is hard to catch up with the latest developments, let alone

    insights and ideas. Internet is a great source, but you need to be a critical observer. Many

    important reference materials are unavailable online, unless you have a passwordto getthis you need to have the original book, or a key given by the MBA provider.

    (Note: academic books take a long time to produce. I see pre-crisis books being updated or

    revised, while these updates or revisions are merely cosmetic. Asian editions? Cosmetics!

    Given their high price, this is unacceptable. A case to be studied in the Business Ethics class!)

    The 4th selection criterium: how broad is the spectrum of topics? In Vietnam an MBA

    program should contain at least: Business English, Research Methodology, Critical Think-

    ing, Asian (business) History, Ethics, APA-style writing & referencing, plus soft skills such

    as presentation, dialogue & debating techniques. The 5th: check the providers credentials.

    Dont believe everything you read on the internet. Selecting an MBA provider: it is hard!

    How to select the right MBA provider

    Complexity is our enemy. Any fool can make something complicated.Its hard to make something simple.

    Richard Branson

  • 7/30/2019 VN Newsletter24

    7/10

    The Dutch Vietnam Management

    Supporter

    6th year, no. 5 7

    The Bottom Line -redefinedWe hire people for what they know, and we fire them for who they are.How often have you concluded that a job applicant was a perfect fit for the job, only to find

    out later his or her attitude or behaviour urged you to get rid of him or her?

    Again and again I hear stories confirming this statement. Obviously, recruiters focus on

    knowledge, experience and soft skills as the main factors for personnel selection. Knowledge

    & experience are relatively easy to test. Testing soft skills may be harder. A good job descrip-

    tion provides a list of performance requirements. However, there are certain character traits

    that seem to escape even professional recruiters attention. Of course its almost impossible

    to test whether a person is up to a real challenge. And even if his CV has examples of this,there is no guarantee that he will display the same courage, composure & control when the

    occasion demands it. Yet, there are ways to find outsome assessments do provide insights.

    The bottom line however is integrity. Every employer wants someone trustworthy.

    Plenty examples of people who seem to live an honest life but turn out to be dishonest. Fact

    is, you cannot test integrity. Someone may have a lifelong reputation of being honest, only to

    start telling lies when life puts him in a situation or company where reality is too much to

    face, and this traitnative to everyonerears its ugly head. A failed test of character.

    We all bend the truth now & then. Some say we tell little lies several times, every day,

    even to our closest friends. Why? To look smart, to save face, to hide truth, to avoid having to

    take responsibility. Its not these little lies we worry about. Its the recurring act to invent

    facts, or worse: to scheme & steal, damage relationships, destroy cooperation and wilfully

    create confusion. So how do we find out? My advise: during the probation period, carefully

    observe someones communication. Check if its complete, correct & timely. If it involves the

    right people. If it contributes to understanding. When you have any doubts, check again un-

    til you have more certainty about the persons attitude re. truth, trust and personal ethics.

    When you still have serious doubts, fire.Meanwhile: be an example of integrity.

    It is our choices that show what we truly are, far more than our abilities.

    J.K. Rowling

  • 7/30/2019 VN Newsletter24

    8/10

    The Dutch Vietnam Management

    Supporter

    6th year, no. 5 8

    What keeps Asians from innovation?

    Problem solving is a soft skill. It has a fixed

    pattern: first define & analyse the problem,

    then come up with possible solutions. Choose

    the best one.

    I admit there is a little more to it, but this is

    the essence. Interestingly, innovation follows a

    similar pattern. With one little difference: in-

    stead of identifying a problem, you label some-

    thing an opportunity to improve. All it takes is

    a change of viewpoint: we have something thatworks, but if we dont improve it, itll soon lose

    its attractiveness & become hopelessly outdat-

    ed. Hence, iPhone 5, software updates, the lat-

    est car models, new management models, and so on. This change of viewpoint kicks off inno-

    vation. Problem solving is a widespread competence in Asian business: they know how to fix.

    However,Asia is not known for innovation, let alone its brands (see DVMS no. 23). Why?

    Besides the reasons given by Joe Baladi, a main culprit seems to be the educational system,

    coupled with elements of Asian culture. In education, exact duplication of teachers words &

    books contents will give you higher marks; originality & creative solutions will make you fail

    exams. In class, critical thinking, let alone: expressing a well-argued counter-opinion is notappreciated. In other words, innovative skills are suppressed instead of stimulated & devel-

    oped. An Asian value is that a young person must respect the older person. Respect is fine.

    But its more than that: even if a

    senior is wrong, he/she is right.

    Say nothing: you cannot let an old-

    er person lose Face. And: a senior

    initiates change, not a junior. Do

    nothing: a demotivating environ-

    ment for innovative minds!

    As creativity and innovation areusually a quality of youthwhich

    is already limited due to their edu-

    cationinnovative power in Asia is

    being culturally suppressed.

    Which may explain why for the

    time being innovation will re-

    main a competence of the USA,

    Europe and Australia. Unless

    What do you think?Illustration top right: Beautiful Engineerings Facebook page

    When looking for the path to peace, one comes to realize that

    peace is the path. Anonymous

    Vietnamese lawn mower

  • 7/30/2019 VN Newsletter24

    9/10

    Major Services + Client List + Mini Catalog

    96th year, no. 5

    The following services are in high demand:

    1. Management Development programspurpose: to train

    managers to qualify for higher positions, to develop soft

    skills, and to increase their value to their organizations

    2. Seminars & Lectures in the fields of Human Resource

    Management, Leadership, Strategy, Public Relations and

    Business Communications

    3. Business courses: HRM; Efficiency; Presentation Skills

    4. Personal Coaching of entrepreneurs

    5. Business Consultancy (Management & Leadership; HRM

    systems; PR; Strategy; internal communications)

    In Vietnam: a.o. business field

    Tan Thuan IPC (HCMC) Industrial development

    HCMC University of Technology Master of BA program

    RMIT (HCMC campus) Communication program

    Royal Business School (public courses) Courses & seminars

    Vietnam Airlines (RBS; ISM) International airline

    Vietnam Singapore I.P. (SPECTRA) Industrial park

    Petronas Vung Tau (SPECTRA) Chemical factory

    Nike (Tae Kwang Vina) (SPECTRA) Shoe factory

    Le & Associates Training & consultancy Training House Vietnam (Sacombank) Training & consultancy

    Ministry of L.I.S.A. (RBS) Civil Servants

    SONY Vietnam (RBS) Consumer electronics

    CapitaLand Vietnam (SPECTRA) Real estate

    Institute for Potential Leaders / PACE Courses & seminars

    Dalat Hasfarm (Agrivina) Pot plants, cut flowers

    Hoanggia Media Group Key to Success TV Show

    Fresh Green Earth Hi-tech agriculture

    Unique Design Interior Design

    ERC Institute Vietnam Vocational training

    Golden Alliance Vocational training Schoeller Bleckmann Vietnam Oilfield Equipment

    De Heus Vietnam Animal food

    Centre for Tropical MedicineOxford Uni. Clinical research

    Khue Van Academy Courses & seminars

    Training House Vietnam Courses & seminars

    Asian Institute of Technology (AIT) Business consultancy

    In The Netherlands, a.o.

    ING Bank Financial services

    Philips Electronics

    Heineken Brewery

    Yamaha Musical instruments Voerman International International relocations

    Damen Shipyards Ship repair wharfs

    Wittenborg University of Applied Sc. IBABBA, MBA

    MINI CATALOG

    WORKSHOPSA workshop is a 2-4 day group

    activity with a defined purpose,

    where theory, practical exercise

    and exchange of experiences are the

    main ingredients. Areas: HRM, PR,

    Communication, and Management.

    Team Engineering

    Interpersonal Communication

    Commercial Communication

    Public Relations

    Presentation Skills

    Organizational Design

    Cross-cultural Communication

    Time Management / Efficiency

    Recruitment Skills

    CONSULTING

    Consulting is any specified expert

    activity to help solve a defined

    problem. This can take the form of

    coaching, but also, conducting a

    research. By definition, it is tailor

    made. Areas: HRM, Strategy, PR.

    Personal Coach

    Business Coach

    Moderator Mediation

    Executive Selection

    In- & External Surveys (such as

    360 Feedback)

    SEMINARS

    A seminar is a 3-4 hour interactive

    transference of core know-how,

    including practical assignments.

    People Management

    Emotions in the Workplace

    Strategic Thinking

    Business Ethics

    The Allround Manager

    The Allround Communicator

    The Soft Skills Program

    On demand

    Investments (ex. 10% VAT / 25% PIT)

    Workshops: US$ 1,200 per team / day.

    Consulting / Coaching: US$ 100 / hour.

    Seminars: US$ 550 850 per seminar

    (except for the Allround programs).

    Lecture: US$ 250 per lecture.

    Train the Trainer: US$ 1,200 per day.

    Prices may change due to inflation.

    Contact me for longterm cooperation:

    [email protected] or

    [email protected]

    The Dutch Vietnam Management Supporter

    List of Clients & Associates

    Loek Hopstakens 5 major services

  • 7/30/2019 VN Newsletter24

    10/10

    The DVM Supporter is published by Loek Hopstaken.

    Email: [email protected] or

    [email protected]

    Mobile: 090 888 9450

    Assistant: Ms. Vo Ngoc Lien Huong

    Email: [email protected]

    Mobile: 090 888 9451

    Profile: http://www.linkedin.com/in/loekhopstaken

    Who is Loek Hopstaken?

    1951: born in Haarlem, The Netherlands

    1971-1972: travels: Europe & Asia

    1972-1975: Amsterdam City University

    1976-1977: travels: North & South America

    1977-1993: career in banking: NCB,

    Postgiro, Postbank, NMB Postbank Group,

    ING Group, ING Bank

    1979-1982: Business Administr. studies

    1983-1988: Project Manager

    privatization process Postgiro to

    Postbank (field: P&O / HRM)

    1989-1993: Project Manager merger

    Postbank & NMB Bank followed by merger

    with NN becoming ING Group (fields: PR,

    Marketing, Total Quality Management)

    1991: founding Hopstaken Bedrijfsadvies

    1991-present time: career in training and

    consultancy, coaching & mediation

    1993: left ING Bank

    1996-2000: Business Club MC (50 meetings)2003-present time: combining training,

    coaching & consultancy with teaching at

    international business schools (IBA/MBA)

    2005 + 2007: Professor appointments

    2007-2008: visits to Vietnam: lecturing,

    consulting, surveying, delivering courses,

    workshops & seminars

    November 2008: establishment in Saigon

    2008-present time: delivering lectures,

    seminars, coaching, workshops & training

    courses, mediation; overseas business trips

    2010: Examiner VTV1 Key to Success Show2011: Chairman Advisory Board ERC VN

    2012: Chairman Academic Board ERC VN

    Full CV: mail [email protected]

    10

    The Dutch Vietnam Management

    Supporter

    6th year, no. 5

    When Asia succeeds in unleashing

    its creative potential, it will lead the

    World.

    But as long as it sticks to its

    educational systems and is unableto shake off some of its cultural

    inhibitions, this will never happen.(see page 8)

    Question:

    What do you think of the above

    statement?

    Let me know:

    [email protected]