Prasert bunsumpun biography examples

Prasert Bunsumpun strikes an intuitive balance between his pursuit of business success and a deep commitment to social and environmental sustainability. Byit was listed at Now in his second term at 58, Prasert Bunsumpun is variously described as tireless, focused and adept at selling his often visionary and occasionally radical ideas. A former director of Siam City Bank, Prasert is also known for his financial acumen and his ability to recognise an acquisition bargain.

Resilience, tenacity, a big picture mindset while still grasping the details, are all part of the mix.

Prasert bunsumpun biography examples: Prasert Bunsumpun, Chairman of

Whatever the complete recipe in his case though, it appears to have worked remarkably well. And no wonder, since PTT makes money all the way from the wellhead to the gas pump. What sets the Thai company and a handful of other top performers apart is a shared drive to prepare the stage for future growth through rapid acquisitions while maintaining stellar profits and rich shareholder returns.

Even a cursory glance at the fortunes of the PTT Group during his tenure show they have improved massively. Under his unerring guidance the group now controls a vast network of interrelated companies in oil, gas exploration and production, transmission petrochemical, refining and marketing and trading of petroleum products. Unsurprisingly the awards for PTT in also kept coming.

Prasert Bunsumpun would likely attribute his success to an overriding objective of attaining sustainable growth. To do that, he has said that he focuses on leadership development, employee competency improvement, and creating a culture of innovation. Part of that, means a strong adherence to good corporate governance and from every individual, a firm commitment to corporate social responsibility.

Prasert believes that any organisation is only as good as the sum of its parts and in his case this means ensuring transparent management practices in everything it does. Unsurprisingly the awards for PTT in also kept coming.

Prasert bunsumpun biography examples: Prasert Bunsumpun Age: Education: Harvard

Prasert believes that any organisation is only as good as the sum of its parts and in his case this means ensuring transparent management practices in everything it does. Part of this change in attitude no doubt stems from the very hands-on approach Prasert uses when dealing with, and motivating staff. Inbesides monthly labour relations meetings, PTT, led by its shirt-sleeved president instigated head-to-head meetings to get immediate feedback from staff on their opinions from important strategic decisions to the more mundane matters of administration and welfare.

Effective communication, believes Prasert will lead to positive relations, taking the organisation to agreed unified goals. Nothing new in that of course, but making it work in the Thai culture where the boss is generally obeyed in silence and where opinions, even when sought are seldom forthcoming, is something to be roundly applauded. In matters of earning staff loyalty, the PTT president displays an instinctive understanding of the European notion of business democracy where everybody is equal, eats in the same canteen, and the bosses at every stage of the hierarchy are accessible and the really big boss is more accessible than most.

Again this is contrary to the traditional Thai cultural mores where senior figures are not only obeyed, but expected to remain distant. Prasert is also seen at many company functions and makes regular visits to companies under the PTT umbrella. Prasert noted that since the eruption of the worldwide crisis latePTT had moved the quickest to raise funds from the market, totalling more than Bt billion thus far.

The last crisis had helped PTT grow several times. Prasert is also seen at many company functions and makes regular visits to companies under the PTT umbrella. Prasert noted that since the eruption of the worldwide crisis latePTT had moved the quickest to raise funds from the market, totalling more than Bt billion thus far. The last crisis had helped PTT grow several times.

We can grow several folds this time because we are much stronger.

Prasert bunsumpun biography examples: t Bunsumpun, Phinyawat, ngsa Ramangkura, Mr

Bold decisions when other leaders might be inclined to be more conservative are also a mark of the Prasert style. This was in spite of the fall in demand following the Asian crisis. Since then, the demand for gas has risen rapidly, suggesting that in five years the pipeline will be fully utilised. Refineries and petrochemical ventures have been acquired and restructured during down cycles and nurtured to top performing companies in their market sector.

Prasert bunsumpun biography examples: Prasert. Bunsumpun. His brief biography

Reflecting the strong personal commitment and support from the current PTT president, a comprehensive CSR programme is now in place. The importance of the active promotion of a management and employee culture that embraces a socially responsible mindset at individual level has been the hallmark of the Prasert approach to making sure Good Corporate Governance and CSR translate into sustainable development for all concerned.

Today at PTT, not only is there an extensive and far reaching CSR programme in place that stretches across all its operations, it is one marked by a carefully planned framework that meets international CSR standards of reporting to maximum practical effectiveness across all business units. The objective is to lower PTT Group risks and to satisfy all stakeholders while providing maximum benefits to the community.

A response to global warming The very nature of its business means that PTT has a major responsibility to take its response to the complex challenges of combating global warming very seriously. At every level, PTT has shown that it is committed to systematic management of this issue from carbon footprint management, including reduction of greenhouse gas emissions, to public educational campaigns.