The world’s leading business news television network CNBC Asia Pacific together with the Stock Exchange of Thailand and Money & Banking Magazine today announced plans to stage the inaugural Thailand Business Leader Awards (TBLA) this July in Bangkok. The Awards programme is part of the prestigious regional-level Asia Business Leader Awards which has showcased and profiled outstanding examples of corporate leadership and excellence since its launch in 2001. Winners of the Thailand Business Leader Awards will proceed to qualify as finalists at the Asia Business Leader Awards, scheduled to take place this November in Kuala Lumpur, Malaysia.
The TBLA will be based on the unique three-phase judging process which the Asia Business Leader Awards has become well-known for. In the first phase, a dedicated team from the Awards’ Knowledge Partner University of Chicago Graduate School of Business (GSB) Asia Campus will shortlist semi-finalists based on four performance measures – Sales Growth, Operating Margin, Earnings Before Interest (EBIT) Per Employee and Return on Capital Employed (ROCE) – sourced from industry databases. The second phase of the judging process entails a face-to-face interview with the semi-finalists by Development Dimensions International, a global human resource consulting company specialising in leadership development and Research Partner of the Asia Business Leader Awards 2005. In the third and final phase, transcripts of the interviews with all the semi-finalists will be presented to a regional judging panel consisting of world-respected management strategists, academics and corporate personalities, who will select the winners. The judging panel will be overseen by Professor Mark E Zmijewski, Dean of Executive MBA programs, University of Chicago Graduate School of Business (GSB).
Themed “A Celebration of Achievement”, the TBLA 2005 will acknowledge business leadership that has been able to harness the opportunities that arise in today’s dynamic business landscape and for the ability to lead and succeed in laying solid foundations for their organisations.
The TBLA 2005 will see the introduction of the following four award categories:
Thailand Business Leader of the Year – Recognises the chief executive who is able to retain loyal customers, inspire and motivate staff, grow profitability and turn corporate visions into reality.
Thailand Corporate Citizen of the Year – Acknowledges outstanding contribution to the arts, education, the environment and community development.
Thailand Innovator of the Year – Focuses on achievements in new product development and groundbreaking business processes, business models and strategies.
Thailand CEOs’ Choice of the Year – Will be determined by a poll conducted with top executives throughout the region.
In addition, the Stock Exchange of Thailand will also be presenting the SET Best CEO of the Year 2005 Award to recognise the special leader whose vision, goals, business strategies and management skills have contributed significantly to the success of the business.
“CNBC's reputation has been built on providing the critical tools and information that empower the efforts of successful business leaders”, said Adrian New, Senior Vice President, Advertising Sales & Marketing, CNBC Asia Pacific. “The Thailand Business Leader Awards will provide an excellent platform to recognise individuals in Thailand who have demonstrated dynamic leadership and effective management while leading their companies towards continued growth in a very dynamic environment.”
Kittiratt Na-Ranong, President, the Stock Exchange of Thailand, said: “The SET is pleased to help raise the profiles of Thai companies in the world arena. As a key part of our mission is to improve the quality and attractiveness of Thai securities, the Thailand Business Leader Awards will be a great opportunity for the Thai market and qualified Thai corporations to gain recognition and exposure at the regional level.”
“The TBLA 2005 will recognise local business leaders who have successfully steered their companies on the path to success by inspiring their employees to confront today's business challenges and by preparing them to identify and capture the opportunities that await them in this era of globalisation. These outstanding business leaders know the value of keeping abreast of the latest innovations in business management to create and execute new business models that adjust to the ever-changing business environment," said Professor Mark E Zmijewski, Dean of Executive MBA programs, University of Chicago Graduate School of Business (GSB), lead judge of the distinguished panel judging the awards. "TBLA 2005 will salute those leaders who have effectively energised their companies to seize opportunities, laid the foundation for strong corporate governance, and developed a healthy corporate culture and community. It will culminate with the regional-level Asia Business Leader Awards which will celebrate the spirit of achievement and excellence in business leadership throughout Asia.”
Santi Viriyarungsarit, Editor-in-Chief, Money & Banking Magazine, said: “Over the past decade, Money & Banking Magazine has enjoyed a very strong relationship with the Stock Exchange of Thailand as well as the foreign media. Today, we are again honoured to be CNBC’s co-host for the Thailand Business Leader Awards. Money & Banking Magazine is extremely pleased and proud to be recognising the efforts of first-rated Thai CEOs on a regional level.”
Presented by:
CNBC Asia Pacific
CNBC is the undisputed world leader in business news and information, providing viewers the world over with insight, analysis and real-time access to market data and indispensable business information.
Headquartered in Singapore, CNBC Asia Pacific is a business news and information service of NBC Universal and Dow Jones & Company. NBC Universal is the broadcasting unit of General Electric Company, one of the most successful companies in the world; Dow Jones, the publisher of The Wall Street Journal and its international and online editions, is a provider of vital world business and financial information.
CNBC Asia Pacific’s channels, which include CNBC Asia, CNBC-TV18 (India), Nikkei-CNBC (Japan), MBN-CNBC (Korea), CNBC Australia, CNBC Singapore and CNBC Hong Kong, are available in close to 40 million homes across the Asia Pacific region. CNBC also has a strategic alliance with China Business Network, a wholly owned subsidiary of the Shanghai Media Group. The channels are distributed via satellite, cable and terrestrial broadcast networks. The website address is www.cnbcasia.com.
The Stock Exchange of Thailand
The Stock Exchange of Thailand (SET), one of the most attractive exchanges in Asia, provides a wide variety of investment products (e.g., equities, bonds, and derivatives) and quality services to both local and foreign investors, with timely, accurate and complete information disclosure. We facilitate investors by providing fully computerised trading systems and aim to enhance the efficiency of the market infrastructure in meeting international standards by using efficient technology. We also emphasise promoting corporate governance amongst market participants and adopting best international practices to enhance our efficiency, transparency and performance. Visit us at www.set.or.th.
Co-Host:
Money & Banking Magazine
Money & Banking Magazine is the leading financial and business magazine in Thailand. It features full range of money market, banking industry, equities market, economic news, e-business news and exclusive contents. We have played a part to encourage positive competition in domestic banking industry since 1983 by initiating a number of awards – Banker of the Year and Bank of the Year – to recognise excellent bank management and outstanding performance of financial institution. We also organise the yearly Money Expo, the most complete consumer finance and technology fair. We have also collaborated with the Stock Exchange of Thailand in holding SET Awards ceremony since 2003 and in organising SET in the City since 2002. We will continue to maintain our high quality and make significant contributions to Thailand’s economic and business development.
In Association With:
PTT Public Company Limited
PTT Public Company Limited (PTT) has enjoyed 26 years as Thailand’s fully integrated gas firm as well as the largest oil company with the highest market shares for 12 consecutive years. Its fully integrated petroleum activities include exploration and production, distribution, and storage. PTT also participates in the petrochemical and refinery businesses.
Adopting a management concept of Good Corporate Governance, PTT gained a top ranking in terms of transparency and information disclosure according to the survey conducted by Thai Rating Information Service or TRIS, the third party agency which represents the Stock Exchange of Thailand in evaluating listed companies. PTT’s current market capitalization of about Bt550 billion accounts for 11% of the total market value or the highest in the Thai Bourse.
Bangkok Hospital
Inaugurated on February 26, 1972 as a 100-bed hospital, Bangkok Hospital today has emerged as a major health care complex with 14 specialised centres and 550 beds, offering the largest scope for specialist health-care services in Thailand. Listed on the Stock Exchange of Thailand in 1991(Bangkok Dusit Medical Service PLC), Bangkok Hospital continues to focus on quality development, while expanding to meet the various health-care needs of the region. The Bangkok Hospital Group includes nine hospitals throughout the country, with the two newest hospitals opened in Samui and Rayong. Having entered into a partnership with Samitivej group of hospitals and the Bangkok Nursing Home (BNH), Bangkok Hospital has grown to become the leading hospital within the network and in Thailand.
The Siam Cement Group
Founded in 1913 by Royal decree, The Siam Cement Group (SCG) has evolved into Thailand’s largest diversified industrial conglomerate comprising more than 100 subsidiaries and affiliates–domestic and international–with more than 20,000 employees. Serving both domestic and export markets, SCG divides its major operations into 5 business units - Petrochemicals, Paper and Packaging, Cement, Building Products and Distribution.
As the major fundamental industrial business, all Siam Cement businesses promote innovation in their products / services, processes, and business models to delight consumers. The Group continually rejuvenates itself to sustain its business leadership in Thailand and in the region, while being internationally competitive.
National, regional, and international entities and governments have recognized SCG companies for consistently meeting and setting the highest performance and quality standards over many years. A commitment to the highest business ethics and to the best principles of good corporate governance have ensured the mutual sustainable growth among its stakerholders.
Airports of Thailand Public Company Ltd
The Airports of Thailand Public Company Limited (AOT), previously known as the Airports Authority of Thailand, is a state enterprise under the Ministry of Transport which commenced its operations on 1 July 1979. Presently, it is privatised to be the Airports of Thailand Public Company Limited (AOT) on 30 September 2002 with six main International Airports under its administration: Bangkok, Chiang Mai, Hat Yai, Phuket, Chiang Rai International Airports and Suvarnabhumi Airport. The construction project of Suvarnabhumi Airport was considered by the government to be the National Agenda.
From our over 30 years of experience in operating International airport, we are convinced that we can further enhance our service quality in order to impress all of our visitors. We also aim for Thailand to become the aviation hub of Southeast Asia, and provide the utmost satisfaction for our customers.
GE Money
GE Money is a leading consumer finance service provider with around 3 million customers in Thailand. GE Money Thailand is a part of GE Money, a leading provider of credit services to consumers, retailers, and auto dealers in 41 countries around the world, and a unit of the General Electric Company. Based in Stamford, Connecticut, USA, GE Money offers a range of financial products including store credit cards, installment finance, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance.
GE Money’s services and products in Thailand include auto financial services offered through GE Capital Auto Lease Plc, bank cards offered through Krungsriayudhya Card Company Limited, installment finance under the brands of First Choice and Power Buy, personal loans under the brands of Quik Cash and GE Personal Credit and store credit card management services for retailers such as Central, Tesco Lotus and HomePro.
Knowledge Partner:
University of Chicago Graduate School of Business (GSB) Asia Campus
Founded in 1898, the University of Chicago Graduate School of Business (GSB) is a Nobel Prize-winning powerhouse. It is recognized globally for producing world-changing ideas and extremely well prepared graduates.
Chicago GSB is known for its world-renowned faculty, which includes more Nobel Prize winners than all other business schools in the world combined. It is also the first business school to have a Nobel Laureate on its faculty and is also the first and only business school to have had 6 Nobel Prize winning faculty members.
The GSB is also the first business school to offer a Ph.D. program in Business back in 1920. And it is also the first to offer an Executive MBA program back in 1943.
The Chicago GSB Asia campus in Singapore, which opened four years ago, attracts executives throughout Asia and other countries to its Executive MBA program. The part-time Executive MBA program prepares high-potential managers and experienced professionals for positions of greater responsibility. The program includes joint residential sessions in London, Chicago and Singapore with students from all three campuses that are fully owned by the GSB. The Executive MBA program offered in the Asia campus (in Singapore) is exactly the same program offered in the London and Chicago campuses and is taught by the same faculty who teaches in all GSB programs.
The GSB supports an active network of more than 39,000 alumni around the globe. These graduates lead and succeed in every possible industry including some 5,500 CEOs and top officers of firms worldwide.
Research Partner:
Development Dimensions International
DDI is a human resource consulting company specialising in leadership development. DDI was established in 1970 by two organisational psychologists William C. Byham, PhD. And Douglas W. Bray PhD.
DDI has helped to train and develop more than 10 million leaders in organisations worldwide. More than 15 million people have benefited from participation in one or more of DDI’s leadership training or assessment systems. Their newly acquired skills have influenced the work lives of more than 200 million employees.
Organisations have hired more than 15 million people using DDI’s selection systems. More than 200 plant start-ups and expansions have used DDI to totally staff their new facilities with high performance workforces.
For more than three decades in Asia, DDI has worked closely with numerous multinational corporations, who count on its local consultants’ understanding of local cultural and business practices to provide consistent worldwide applications of its solutions.
Today, close to one third of DDI’s business is done outside of North America through its network of 75 offices in 26 countries. In Asia, DDI has operations in Singapore, Kuala Lumpur, Bangkok, Hong Kong, Taipei, Shanghai, Japan, Korea, Indonesia and the Philippines.
Official Broadcast Partner:
UBC
United Broadcasting Corporation PCL (UBC) is Thailand's leading provider of pay TV service on dual platforms of digital satellite television and fibre optic cable to over 2.1 million viewers nationwide. UBC is committed to offering premium programmes from around the globe via 42 premium channels, with excellence in customer service and exclusive privileges for members.
Media Contacts:
Charles Yap CNBC Asia Pacific (Singapore)
Tel: +65 9829
[email protected]
Ladawan Kantawong
The Stock Exchange of Thailand
Tel: +66 2 229
[email protected]
Nartwanee Chantharojwong CNBC Asia Pacific (Thailand)
Tel: +66 1868
[email protected]
Pornpimol Koo-AnupongMoney & Banking Magazine (Thailand)
Tel: +66 2
[email protected] End.