In the increasingly competitive global market, countries are facing
threats of mass production-based economy that relies on cheap labour
to produce products of similar quality. For Thailand, do we have
a choice? Continue to play a losing game of mass production by trying
to cut costs, or increase margins through technology and automation
which is currently popular and creates economic growth but risks
higher unemployment for unskilled workers? Or build an economy that
is based on creating value, not just adding value?
To stay competitive, understanding where, how
and why value is created is the most effective way to identify which
of our activities and assets are distinctive enough to provide a
platform for sustainable and profitable growth.
This symposium aims to acquire new insights that will help Thailand
not only survive, but strive in the 21st century. Put Value Creation