1. Trang chủ
  2. » Luận Văn - Báo Cáo

FINAL REPORT CHANGE MANAGEMENT TOPIC MR PHAM THANH HUNG AND CENGROUP

30 7 0

Đang tải... (xem toàn văn)

Tài liệu hạn chế xem trước, để xem đầy đủ mời bạn chọn Tải xuống

THÔNG TIN TÀI LIỆU

Thông tin cơ bản

Tiêu đề Change Management: Mr. Pham Thanh Hung And Cengroup
Tác giả Group 02
Người hướng dẫn Mr. Pham Van Phat
Trường học Ton Duc Thang University
Chuyên ngành Hospitality Management
Thể loại Final Report
Năm xuất bản 2022
Thành phố Ho Chi Minh City
Định dạng
Số trang 30
Dung lượng 1,1 MB

Cấu trúc

  • CHAPTER 1: OVERVIEW OF CEN GROUP AND MR. PHAM THANH HUNG (9)
    • 1.1 About CEN GROUP (9)
      • 1.1.1 History of formation and development (9)
      • 1.1.2 Field of activity (11)
      • 1.1.3 Awards achieved (12)
    • 1.2 Portrait of Mr. Pham Thanh Hung (12)
    • 1.3 Business situation (15)
      • 1.3.1 Situation & Organizational Structure (15)
      • 1.3.2 Business results (17)
      • 1.3.3 Business goals in 2022 (17)
  • CHAPTER 2: THE LEADERSHIP STYLE OF MR. PHAM THANH HUNG (18)
    • 2.1. Analysis of the success of Cen Group and the application of Mr. Pham Thanh Hung's Collaborative Leadership style, what are the advantages and disadvantages? 16 (18)
      • 2.1.1 Factors (18)
      • 2.1.2 Advantages (20)
      • 2.1.3 Disadvantages (20)
    • 2.2. Advantages and disadvantages of applying Collaborative Leadership style to employees (20)
      • 2.2.1 Advantages (21)
      • 2.2.2 Disadvantages (21)
    • 2.3. Advantages and disadvantages of applying Collaborative Leadership style to customers/partners (22)
      • 2.3.1 Advantages (23)
      • 2.3.2 Disadvantages (24)
  • CHAPTER 3: RECOMMENDATIONS AND LESSONS LEARNED FROM THE (25)
    • 3.1 The advantages should be promoted (25)
    • 3.2 Limitations that need to be overcome (25)
    • 3.3 Lessons have learned (27)

Nội dung

OVERVIEW OF CEN GROUP AND MR PHAM THANH HUNG

About CEN GROUP

1.1.1 History of formation and development

Cen Group Company was established in 2002 under Decision No 0103000476 made by Hanoi Department of Planning and Investment With functions including investment, rental, brokerage, consulting, exploitation, real estate appraisal

Cen Group actively fosters social and cultural initiatives to strengthen connections among individuals, creating a cohesive community By developing various cultural activities, the Group ensures that each member’s eight hours of work are not only productive but also enriching and fulfilling.

Cen Group's annual cultural programs, including the Cen Awards, Loyal Soldiers, Miss Bikini, Football Awards, and Parents' Day, serve as more than just events; they are platforms for honor, recognition, and gratitude These celebrations offer individuals a vibrant space to express their creativity and connect with colleagues beyond the workplace.

Cen Group is committed to its mission of community support through various charity programs In 2016, the company launched the Action Fund for Kindness, aimed at volunteering for societal betterment and providing care and support for its employees.

2020, the Fund officially changed its name to: Fund of Compassionate Hearts

Up to now, the Compassionate Heart Fund has implemented many programs:

- Sponsoring poor children to go to school;

- Giving scholarships to poor and studious students;

- Support people to overcome and stabilize their lives after natural disasters;

- Funding heart surgery for poor children;

- Open the cash machine "Love rice ATM";

Each year, the Hearts of Kindness Foundation partners with Cen Golf, a member of the Cen Group, to host a charity golf tournament This event encourages individuals and businesses to unite in support of humanitarian efforts, fostering a spirit of compassion and generosity.

Through a journey spanning nearly 2 decades of persistent and creative activities, Cen Group has won many prestigious awards

Cen Group's brand and reputation have been consistently strengthened amidst the challenges facing Vietnam's real estate industry, fostering deep trust and affection from customers and partners alike.

Cen Group aims to lead the real estate industry by effectively connecting human and financial resources, along with a network of organizations and individuals, to deliver "Real Assets - Real Value" for all stakeholders, including partners, project developers, and consumers The company fosters an environment known as "The Land of Dreamers," where employees are respected and encouraged to be creative.

● Professional secondary real estate distribution and investment;

● Investment, cooperation in investment and development of real estate;

● Media consulting and marketing package;

● Developing a network of Authorized Agents, Mentor real estate experts;

● General contractor of finishing materials;

Cen Group boasts over 1.5 million dedicated customers and nearly 4,000 official employees, alongside thousands of collaborators and numerous member companies with offices nationwide, all committed to fully meeting the needs of investors, partners, and clients.

Cen Group has expanded its ventures into various sectors, including technology, golf, fashion, health, and agriculture Notably, the group is a leader in community support, initiating a range of diverse projects aimed at making a positive impact.

Typical start-up projects that Cen Group invests in are as follows:

● Fastee online golf course booking application

● General real estate investment platform Revex

Cen Group is taking a significant step towards aligning with global trends in multi-industry corporations, aiming to provide startups, particularly in Vietnam's technology sector, with enhanced opportunities for growth and access to resources.

● Support in product development and market expansion

● Have access to many large investment funds in the world to deploy products domestically and gradually expand to the region

● Certificate of merit from state agencies for achievements in contributing to the state budget in 2008

● Gold Award for Valuation of Typical Real Estate Exchange 2009 at Vietnam International Real Estate Exhibition 2009 by Vietnam Real Estate Association

Guardian Independent Certification Ltd awarded the ISO 9001:2000 certificate on September 30, 2008, recognizing the organization's exceptional adherence to international standards and regulations in its management systems, production, and business activities.

● Gold Award for Typical Real Estate Exchange 2009, at the Vietnam International Real Estate Exhibition 2009 awarded by the Vietnam Real Estate Association

Portrait of Mr Pham Thanh Hung

Mr Pham Thanh Hung, born on January 1, 1972, is a prominent figure in Hanoi's real estate sector, serving as the chairman of CENINVEST Century Joint Stock Company and holding the position of Vice Chairman on the CEN Board of Directors.

Throughout his years on Shark Tank Vietnam, Sharp Hung has demonstrated a confident approach to investment, often collaborating with other Sharks rather than investing alone Renowned for his extensive knowledge in diverse fields such as real estate, information technology, and engineering, he is often referred to as the "Encyclopedia." His success today is the result of numerous training courses and a wide range of professional experiences.

○ Graduated with a bachelor's degree in Casting - Heat Treatment at Hanoi University of Science and Technology

○ Bachelor of Languages majoring in English at Hanoi University of Foreign Languages

○ Trained at the School of Business Administration of the Asian Institute of Technology (Bangkok, Thailand)

○ Master of Business Administration International MBA

○ Majoring in management and technology transfer

Shark Hung stands out as a distinguished real estate entrepreneur, having received training in organization management and e-commerce from prestigious institutions in Japan, America, Korea, India, and Singapore.

○ In October 1998: He joined Total Quality Management in the US

○ In May 2005: He joined Quality Productivity Management in Japan

○ In November 2000: He joined the Training and Internship course on clean production technologies organized by Inwent, CDG and IFF in Germany, France and the Netherlands

○ In June 2001: He attended a training course on “E commerce” in the - United States

○ In August 2001: He participated in the training course “Six Sigma Training and Concepts to Improve Productivity” in India

○ From 2002 to present: He participated in many trainings on Knowledge Management and visited real estate markets in Asian countries such as China, Hong Kong, Macau and Taiwan

○ In 1996 - 1997, Shark Hung was in charge of the service quality system of the Marketing department of TOYOTA Motor Vietnam

○ 1997 - 2004: Holding the position of strategic development director, sales manager, assistant director of Vietnam productivity center

○ 2004 - 2005: Holding the position of deputy director of Son Tra Joint Stock Company (real estate business)

○ 2005 - 2008: Holding the position of Chairman of EPIC Investment and Economic Consulting Joint Stock Company – 2008: General Director of Hoang Quan Hanoi Valuation Joint Stock Company

○ The big positions Shark Hung has been doing

○ Vice Chairman of the Board of Directors of CEN GROUP

The General Director of Century Valuation Joint Stock Company (CENVALUE) also serves as the Chairman of the Board of Directors for New Star Media and Entertainment Joint Stock Company, which specializes in program production and exclusive advertisement exploitation on the VOV channel.

○ President, Century Real Estate Value-Added Joint Stock Company (CEN PLUS)

○ Chairman, Century Real Estate Development and Investment Joint Stock Company CEN INVEST –

Business situation

Cen Group boasts a highly skilled and experienced staff, with each member meeting professional qualifications tailored to their roles The team embodies a strong sense of responsibility, professional ethics, and discipline Led by a management team renowned for their strategic thinking and market experience, they are dedicated to the growth of the business and community This courageous leadership embraces challenges and demonstrates excellent management capabilities Additionally, Cen Group fosters a youthful workforce brimming with ambition, confidence, and dynamism, ensuring that employees are supported in their professional development and provided with opportunities for recognition and advancement.

On February 24, 2022, Cen Group held a ceremony to award the decision to appoint personnel for more than 100 managers in both B.O and business blocks to prepare for new projects in 2022

Century Real Estate Joint Stock Company (Cen Land, Hose: CRE) has reported impressive financial results for 2021, achieving a net revenue of VND 5,597.58 billion, a remarkable increase of 164.3% compared to 2020, and surpassing its set plan by 112% This marks the highest performance since the company's inception, solidifying its position as a leader in Vietnam's real estate service sector.

In 2023, the company achieved a remarkable profit after corporate income tax of 450.5 billion VND, marking an increase of over 50% compared to 2020 and surpassing the annual target by 110.4% The parent company's profit after tax reached 457.98 billion VND, with basic earnings per share standing at 3,670 VND.

Cen Land has experienced a remarkable 64% growth in total assets, reaching 6,270 billion VND, driven by its focus on secondary investment activities The company is actively involved in sales for over 100 real estate projects nationwide, with a total transaction value exceeding 48,000 billion VND Additionally, Cen Land is expanding its investment portfolio with new projects including Louis City Hoang Mai, Hinode Royal Park, C-Sky View, Trinity Tower, and a hotel and service project along the southeast coast of Tuan Chau Island Furthermore, the company has established strategic partnerships to serve as the distributor for various projects, such as Happy One - Central, Green Villas Urban Area, Kien Hung Luxury, Sapa Jade Hill, and Garden King Resort & Villas.

Recognizing the successes in 2021, Cen Land has won many great awards: Top

Discover the top 10 exemplary companies prioritizing employee happiness, along with the 50 most effective businesses in Vietnam Explore the leading 5 technology firms enhancing the real estate transaction market in 2021 and the 10 most reputable Vietnamese real estate brokerage and consulting firms of the year Additionally, find insights into the top 10 real estate trading platforms and the 100 distinguished Vietnamese Gold Stars recognized in 2021.

On January 10, 2022, Century Real Estate Joint Stock Company (Cen Land, HOSE: CRE) convened an Extraordinary General Meeting of Shareholders, where key decisions were approved by the shareholders.

In 2022, Cen Land aims to increase its charter capital to over 4,637 billion VND and set an ambitious revenue target of 10,000 billion VND, with the potential to reach as high as 12,000 to 14,000 billion VND if market conditions are favorable The Chairman of Cen Group expressed confidence in achieving this goal, stating that even in a market downturn, Cen Land is well-prepared and remains optimistic about its prospects.

THE LEADERSHIP STYLE OF MR PHAM THANH HUNG

Analysis of the success of Cen Group and the application of Mr Pham Thanh Hung's Collaborative Leadership style, what are the advantages and disadvantages? 16

● Creates an inspiring vision of the future (Strategy)

Shark Hung, the vice president of Cen Group, highlighted the importance of clearly defining business goals He stated that understanding what you want—whether it's financial success, fame, market dominance, or a peaceful life—is crucial in the planning process It's essential to clarify these objectives without being overly concerned about available resources at the outset.

When setting a goal, it is crucial to choose it thoughtfully and maintain it over time To achieve this goal, one must explore various strategies and methods While the means, pathways, and support systems may evolve, having a flexible backup plan is essential for success.

In 2014, STDA Real Estate Project Supermarket System achieved remarkable success, launching a series of large projects that garnered enthusiastic customer reception The company operates under the slogan "Real Assets - Real Value," emphasizing its commitment to quality and trust as its top priorities STDA demonstrates its dedication through tangible work, actions, and specific products, ensuring that customer satisfaction remains at the forefront of its mission.

PR and promotion In addition, one of the factors that helped STDA overcome the real estate market crisis was the solidarity and commitment of all STDA staff

● Motivates and inspires people to engage with that vision (Psychology)

Finding skilled personnel is one of the most challenging tasks for leaders, according to Mr Pham Thanh Hung It is crucial to identify managers and employees who possess strong professional knowledge, are resilient in the face of difficulties, take responsibility, uphold ethical standards, and align with the company's strategies, vision, and culture.

STDA prioritizes the spiritual well-being of its employees by organizing team-building activities, visits, and annual vacations These initiatives aim to rejuvenate employees after a year of hard work while fostering stronger connections and cohesion within the team.

● Manages delivery of the vision (Project Management)

In discussing the theme of "Danger - Risk," Mr Hung likened "danger" to a vast black sky, while "change" represents a bright star within it He emphasized that amidst the overwhelming sense of danger, there exists a small, fragile opportunity that individuals often overlook.

The Vice Chairman of Cen Group highlighted that the company has weathered three significant economic crises, beginning with the first from 1997 to 2001, followed by the second crisis from 2008 to 2012, and now facing a third crisis Despite these challenges, Cen Group has emerged stronger, showcasing resilience and growth during tough economic times.

According to the businessman, an essential thing in a crisis is to practice "injury resistance" - the ability to endure damage from outside

A startup that Mr Hung invested in, showcased on television, faced starkly different realities than what was promised Instead of accumulating capital, it accumulated significant debt, leading to continuous losses over two years of operation Ultimately, this poor performance resulted in the termination of their partnership.

Following this lesson, Mr Hung revised his investment strategy by lowering the investment amount while enhancing the value of commitments He emphasized the necessity for greater commitment and interaction between the parties involved for fund disbursement Instead of directly funding the startup, the new approach focuses on allocating resources to the surrounding platforms within the startup ecosystem, facilitating partner development.

This position said that his investment "taste" needs to have three qualities: honesty, determination, and management capacity He values these factors more than ideas, technology, and product formation

● Coaches and builds a team so that it is more effective at achieving the vision (Coaching)

Mr Pham Thanh Hung embraces a "coaching" leadership style, encouraging growth and creativity by challenging employees with stimulating tasks At STDA, the focus is on collective effort, where each individual and team plays a vital role in contributing to the sustainable development of the company.

A successful leader must cultivate a dedicated team focused on a shared goal, prioritizing training and development to ensure employees are well-equipped for their roles Effective delegation is crucial, allowing employees to learn from their mistakes in a supportive environment When assessing performance, a good leader evaluates employees based on their skills and the results they deliver.

● Reducing work, Shark Hung needs to focus on building goals, helping the company grow

By fostering cohesion and inclusion, team members feel more essential and know what they have to do to achieve the company's common goals

● Be more creative in developing business activities

Incorporating diverse experiences and perspectives enhances the decision-making process, enabling management and the entire team to create a more comprehensive and objective action plan.

● Easily manage, deploy new and challenging plans

CenGroup's annual staff training enhances the implementation of new initiatives by developing a skilled workforce characterized by professionalism, accountability, and a strong corporate culture This training fosters a positive and healthy work environment, boosting commitment and collaboration among team members.

● It takes a long time to everyone connect

For employees to understand the corporate culture and the common purpose, managers need a lot of time to share and encourage employees to try to learn and develop themselves constantly

The collaborative leadership style fosters mentoring relationships, but it can inadvertently establish a dominant leader due to the mentor's greater experience This dynamic may lead some mentors to believe their expertise surpasses that of the official leader, prompting them to assert control over the team To address this issue, leaders should cultivate dual mentoring relationships that leverage the unique contributions of each individual involved in the project.

Advantages and disadvantages of applying Collaborative Leadership style to employees

The collaborative leadership style emphasizes balanced motivations, enabling leaders to create value in their actions By influencing and motivating employees, this approach aims to maximize impact and drive success within the organization.

Collaborative leadership, characterized by mentorship, prioritizes direct engagement between leaders and employees, enabling the transfer of knowledge, skills, and wisdom Cen Group exemplifies this approach, emphasizing that its leaders are not only capable and conscientious but also approachable and relatable Employees at Cen Group feel inspired and empowered, with leaders acting as "Teachers" who guide them in their professional journeys and personal development While this leadership style fosters growth and collaboration, it also presents certain benefits and downsides for employees.

● There is balance brought to every decision

This leadership style promotes inclusivity by ensuring every employee's perspective is acknowledged while the leader maintains decision-making authority It fosters a culture of open-mindedness among team members, encouraging collaboration despite differing opinions This approach not only balances strong individual viewpoints but also helps mitigate unconscious biases prevalent in the workplace.

This leadership style may lead some experienced employees to feel undervalued, but for the majority, collaborative learning and problem-solving foster an engaging work environment This approach naturally builds trust among team members, as they collectively strive for the company's success As trust strengthens, employee morale rises, ultimately contributing to the overall success of the business.

● Collaborative leadership boosts creativity of employees

A successful leader embraces innovation and creativity, actively encouraging all employees to harness their creative potential for team and organizational projects Rather than fearing competition or the possibility of being replaced, this leader welcomes challenges and motivates employees to confront them head-on By fostering an environment where new ideas are valued, this leadership style propels individuals and teams toward progress and success.

Effective leadership requires a clear division of tasks and responsibilities, enabling employees to understand their specific roles Lack of clarity can result in confusion among team members, ultimately disrupting workflow and creating chaos.

● Creative thinking can become stale

Creative thinking is essential for developing innovative products and services within an organization To foster this creativity, leaders must promote healthy conflicts and discussions among team members, as uniformity in opinions can stifle innovation Encouraging diverse perspectives allows for a more dynamic and creative work environment.

● Responsibility might not be taken for mistakes

This leadership style fosters teamwork and collaboration, enabling the group to tackle challenges collectively However, if one member makes a mistake, it can result in significant issues for the entire team, potentially causing lasting grievances and increasing the likelihood of future conflicts.

Advantages and disadvantages of applying Collaborative Leadership style to customers/partners

Collaborative leadership promotes strong relationships among managers, employees, and partners, emphasizing an agile and inclusive approach to achieving business goals This leadership style thrives on the positive contributions of every team member, leveraging individual diversity to foster creativity and innovation Leaders play a crucial role in uniting teams around a shared vision, driving the successful implementation of business objectives through collaboration Additionally, when considering foreign capital investment, careful evaluation of key factors is essential before making any commitments.

When signing a contract, it's crucial to thoroughly understand the details, as the negotiation process between businesses can be complex and lengthy, particularly with foreign financial investors Terms are typically based on international practices, historical business performance, and projected figures from the enterprise In the Shark Tank Vietnam program, following initial negotiations and investment commitments, a due diligence process takes place, allowing the investors or 'sharks' to withdraw their investment if any information provided by the business or startup is found to be inaccurate.

The primary objective of investment funds is to safeguard capital, necessitating stringent and transparent business controls to prevent price manipulation and governance issues, including clearly defined force majeure scenarios This framework fosters long-term collaboration between investors and businesses, ensuring mutual acceptance of pricing Furthermore, companies must avoid making unrealistic promises or entering contracts without fully understanding the terms and budget, as this can lead to financial losses and damage to their brand reputation For instance, committing to an Internal Rate of Return (IRR) of 22 percent poses significant risks, given that Shark Hung suggests acceptable IRR levels typically range from 12 to 15 percent.

Effective negotiating skills are crucial for businesses, as demonstrated by CEN Land's approach to negotiations with funds The company advocates for a one-year review period instead of the standard six months Shark Hung emphasizes that six months is insufficient for implementing strategies to mitigate investor losses while a business strives to deliver exceptional value.

In the negotiation process, it is crucial for all parties to carefully calculate and agree on terms before entering into a collaboration Enterprises must particularly evaluate compensation options, which may include monetary payments, shares, or alternative arrangements.

In the context of extensive international integration, managers are accountable for the agreements they enter into, even if their lack of qualifications leads to potential losses When faced with challenges stemming from unqualified leadership, seeking assistance from the company may not be feasible Instead, managers should enhance their expertise or consider hiring a facilitator to address their knowledge gaps For instance, Shark Hung’s company frequently utilizes bilingual documents, with the Vietnamese version serving as the authoritative text in case of disputes.

● Information is shared and transparent

Openness in communication fosters trust among employees and business partners, enhancing long-term collaboration By establishing clear information and shared terms, companies can generate numerous ideas and effective solutions for projects This approach not only addresses partner needs but also preserves the company's value, demonstrating the significant benefits of transparent communication in business relationships.

The win-win principle in negotiation fosters a cooperative environment aimed at mutual benefits, allowing companies to address their partners' issues while achieving their own goals Collaborative leadership plays a crucial role in ensuring that all members' opinions are acknowledged during negotiations, contributing significantly to the overall success of the business.

Innovation in the business environment fosters diverse ideas and mindsets for effective problem-solving Leaders should initially present projects briefly and prioritize listening to employees and partners to gather valuable insights When leaders share their opinions too early, it can stifle conversation and limit the exploration of ideas Consequently, promoting innovation cultivates a collaborative workplace atmosphere that supports rapid and sustainable development.

Collaborative leadership fosters individual development across various work directions, but it also has drawbacks When a project involves both company employees and partner members, differing working styles can lead to conflicts These conflicts may impede progress and make it challenging for the entire team to effectively engage with their tasks, ultimately affecting the project's timeline.

Collaborative leadership encourages open dialogue and the sharing of opinions, but it can lead to challenges when some members aspire to take on leadership roles and resist stepping back to fulfill essential tasks This dynamic may create stress among other team members and negatively impact the overall collaborative environment.

● Lack of trust among members

Trust is crucial for effective teamwork, as collaboration relies on each member's reliability When one individual is late or fails to complete their tasks, it can disrupt the entire team's progress, resulting in frustration and decreased productivity This breakdown in trust can extend beyond the team to affect relationships with the company's partners as well.

RECOMMENDATIONS AND LESSONS LEARNED FROM THE

The advantages should be promoted

The remarkable success of Cen Group can be attributed to the innovative leadership styles of its vice chairman, Mr Pham Thanh Hung By harnessing the strengths of his leadership approach while actively addressing its weaknesses, the organization has enhanced its effectiveness To further refine this leadership method, it is essential to continually emphasize and leverage its inherent advantages.

 The decision-making power rests with the employee

This leadership approach emphasizes the importance of developing and maintaining key strengths by allowing employees the freedom to express their creativity and potential Leaders adopt a supportive role, stepping back from micromanagement while empowering their team with full decision-making authority This style encourages open communication, enabling employees to share their opinions and learn from one another, fostering a collaborative environment that enhances personal and professional growth.

Shark Hung embraces new challenges and risks, fostering an environment where his employees can thrive He actively supports their development and is generous in investing in potential talent, boosting morale through rewards Moreover, he believes in giving individuals the chance to learn from their mistakes, demonstrating his commitment to their growth and success.

Leveraging these advantages will boost the capacity and efficiency of both employees and managers, leading to increased attraction and motivation for new talent As businesses tap into a growing pool of human resources, they will foster innovation and development through the discovery of new skills and talents This significant advantage offers numerous benefits for businesses, emphasizing the need for continuous promotion and enhancement of their workforce.

Limitations that need to be overcome

Every leadership style has its advantages and disadvantages that must be addressed The shortcomings of Shark Hung's leadership approach have been thoroughly examined, highlighting their potential seriousness Consequently, it is essential for businesses to develop strategies to mitigate these limitations to prevent further negative impacts.

When implementing projects, it's essential for managers to clearly communicate the company's goals and principles to employees, as this fosters a productive environment where individuals can develop their skills and share their opinions While this approach offers significant benefits, it also poses risks such as time wastage and accountability issues By ensuring that all team members understand and align with the company's culture and objectives, managers can prevent misunderstandings that could lead to missed business opportunities Furthermore, a well-defined culture aids in recruitment, allowing employers to assess whether potential hires are a good fit for the organization.

Effective leadership involves combining various styles to leverage their strengths and mitigate weaknesses A successful leader integrates the "coaching" style, which empowers employees in their development and decision-making, with the "democratic" approach that emphasizes active listening and timely support This balance allows leaders to guide their teams while still fostering autonomy Additionally, implementing a system of rewards and consequences can reinforce positive behavior and discourage mistakes, setting a clear example for all employees.

Integrating various leadership styles enables leaders to leverage the strengths of each while mitigating their weaknesses This multifaceted approach can assist Mr Pham Thanh Hung in effectively addressing the challenges associated with his "coaching" leadership style.

Lessons have learned

• The ingenious leadership style of Mr Pham Thanh Hung

Despite some limitations in his leadership style, Shark Hung exemplifies intelligent and modern leadership His determination to embrace innovation, learn from failures, and inspire others serves as a strong foundation for the sustainable growth of the business over the years.

• Find the suitable leadership style for ourselves

This report not only explores various leadership styles but also guides individuals in identifying their own characteristics to determine the leadership style that best suits them, ultimately enhancing their abilities and effectiveness as leaders.

By examining the limitations of various leadership styles, we gain valuable insights that help us avoid unintended consequences Learning from the experiences of others prevents us from repeating costly mistakes and saves time, while also guiding us toward effective solutions for challenges we face.

In 2021, Vietnam witnessed the emergence of approximately 116.8 thousand new enterprises, while 119.8 thousand businesses exited the market, marking a 17.8% increase from 2020, highlighting the critical role of effective business leadership The leadership style of managers significantly influences both the survival and growth potential of their companies It is essential for managers to understand various management styles and select the most appropriate one for their team and business model Continuous improvement and adaptability in leadership methods are crucial for both managers and employees to keep pace with evolving market trends A manager equipped with foresight and flexibility can navigate market changes effectively and devise suitable countermeasures, making strong leadership skills indispensable for success in the competitive landscape.

Bài tiểu luận phân tích phong cách lãnh đạo của ông Phạm Thanh Hưng, Tổng Giám đốc Tập đoàn CEN GROUP, cung cấp cái nhìn sâu sắc về phương thức quản lý và định hướng phát triển của ông trong bối cảnh kinh doanh hiện đại Tài liệu này có thể được tham khảo trực tuyến tại địa chỉ: https://text.123docz.net/document/9128276-tieu-luan-phan-tich-phong-cach-lanh-dao-ong-pham-thanh-hung-tap-doan-cen-group-2021.htm, và đã được truy cập vào ngày 2 tháng 4 năm 2022.

Tailieu.vn n.d Bài t p l ậ ớn môn Văn hóa kinh doanh và tinh thầ n kh i nghi p: ở ệ

Phong cách lãnh đạo của doanh nhân Phạm Thanh Hưng được phân tích trong tài liệu trên TaiLieu.VN, cung cấp cái nhìn sâu sắc về văn hóa kinh doanh và tinh thần khởi nghiệp Tài liệu này có thể truy cập trực tuyến và là nguồn tham khảo hữu ích cho những ai quan tâm đến phong cách lãnh đạo hiệu quả.

Bstyle.vn 2021 Shark Hưng là ai? Tiểu sử ca "Soái Ca" Shark Tank 2021 [ONLINE] Available at: https://bstyle.vn/shark-hung.html [Accessed 2 April 2022]

Nguyen, J., 2019 Shared Leadership – Liệu có phải đội nhóm luôn c n 1 leader? ầ

- Jasmine's World [ONLINE] Jasmine's World - Available at: https://barterblossom.com/shared-leadership-lieu- co -phai-doi-nhom-luon- can -1- leader/ [Accessed 2 April 2022]

FutureofWorking.com 2018 Collaborative Leadership Style Advantages, Disadvantages and Characteristics | FutureofWorking.com [ONLINE] Available at: https://futureofworking.com/collaborative-leadership-style-advantages-disadvantages- and characteristics/ - [Accessed 2 April 2022]

I don't know!

Năm 2021, doanh nghiệp tại Việt Nam đã rút lui khỏi thị trường với tỷ lệ tăng gần 20% do ảnh hưởng của Covid-19 Tình hình này đã tạo ra những thách thức lớn cho nền kinh tế, dẫn đến sự cần thiết phải tìm kiếm các giải pháp khôi phục và phát triển bền vững Thông tin chi tiết có thể được tìm thấy trên trang Nhịp sống kinh tế Việt Nam & Thế giới.

Năm 2021, cả nước ghi nhận có 116,8 nghìn doanh nghiệp đăng ký thành lập mới, theo báo cáo từ VTV Sự gia tăng này cho thấy sự phục hồi và phát triển của nền kinh tế Việt Nam trong bối cảnh khó khăn Thông tin chi tiết có thể được tìm thấy trên trang web của VTV.

Cengroup.vn n.d Cen Land: Tăng vốn điề u lệ, tự tin doanh thu 10.000 tỷ năm

2022 [ONLINE] Available at: https://www.cengroup.vn/2 /tin -tuc-cen/cen- land -tang- von-dieu- le tu tin - - -doanh- thu -10-000- -nam-2022-7498 ty [Accessed April 2022] 2

Ngày đăng: 24/12/2023, 15:07

TỪ KHÓA LIÊN QUAN

w