Newsletter WPO Issue08

NEWSLETTERBETTER LEADERS THROUGH EDUCATION AND IDEA EXCHANGE

Contents

Chapter Officers Talk

Events Flash Back (Jul-Dec 2015) Events Calendar (Jan-Jun 2016) Chapter Officers Congratulatory Notes YPO Global Pulse survey results (3Q 15)

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Message from Chapter Chair Greetings WPO members!! I am delighted to write this note as we begin a new year of 2016.

After seven months past, what I’ve seen and experienced so far has me impressed and excited about the future of our chapter. WPO Thailand is an incredible chapter supported by terrific Chapter Officers and I’m honored to be joining such an impressive organization. On behalf of all of us, I would like to thank Chapter Officer team, for his dedicated time and leadership in running this chapter. We grew stronger than ever and are poised for our next episodes.

We had several exciting and productive meetings this past year. From the beginning, there were outstanding sessions, insightful educational chapter events, such as “Thailand’s Econo mic Role & Position in AEC” by M.R. Pridiyathorn Devakula, Deputy Prime Minister & Governor of the Bank of Thailand and a memorable reception of “Tomorrow Never Dies” in 007’s style (the Gala Dinner, joint event with YPO). I want to thank Mr. Anupon Likitpurkpaisan, Mr. Nanthiya Darakananda and the YPO team for their superb organizational efforts as our local co-host. We look forward to another terrific event this coming February, one is “Thailand Economics Outlook - Moving Forward” by Mr. Veerathai Santiprapob and another one is Family Adventure – Singha Park, Chiang Rai. By far, we had already achieved more than 9 chapter events, excluding forum workshops, family and networking events, outperformed our previous records of all time!

Based on latest number of WPO members, we had 7 new members graduated from YPO this fiscal year and we had 3 members resigned, leaving us a net balance of 60 members. We are aware that we still have obstacles to overcome. Our Chapter Officers have produced a draft plan. The action plan for our next five months, is outstanding and articulates four more core activities:

1. Continue driving for more exciting and interesting events for our members. We have Innovative Driven Entrepreneur (IDE) workshop, a discussion panel style to come in March and two more; one in health scope and another one is Indian Culture & Heritage. Later, we will have our regular AGM and Wind Down Party in June

2. We are undertaking Mentoring Program with YPO. This program is spearheaded by Mr. Chan Bulakul to enrich experience for both WPO and YPO as one of the greatest learning tools. However, the underlying processes take some time to be launched. We agreed to commence this program in next fiscal year

3. We have 100% commitment to operational excellence, not only in the activities and programs to WPO members, but in every area of chapter management. Our unified focus on making better program is nothing if we cannot reach you in a timely fashion and at a lower possible cost. This is because we are growing each year. We cannot contact member by phone call like in the past, anytime we have an invitation to event. We now consider email as the important communication mean between chapter and members. Therefore, it becomes vital that we have to have our member profile active and up-to-date in Exchange system. Exchange is like our social platform, though not as friendly as Facebook or LinkedIn to us. But this is a reason we choose to associate ourselves to an organization or association, at least we know we are connected. Technological advancement is not a barrier to us as we can train our assistant to do on our behalf. Sooner or later, WPO International is going to ask us to comply in launching event through “Cvent” – Event Management Platform and “Salesforce” – CRM. Please consider updating your profile as soon as possible

4. We are seeking to involve more WPO members in a variety of activities. Most of the vital work of WPO is conducted via our Chapter Officers and in our survey rating results shown that members are satisfying (more than 9 points out of 10 rating scale). Surprisingly, this higher rating points does not translate into higher participation rate. This tells us something is not right somewhere. Operational excellence also includes an unwavering commitment to value member’s feedbacks. Please consider becoming more participated and spending your wee time to write to me what program or activity you are anticipating to join or what thing you think it needs to be remedied immediately. My email address is under my signature to this newsletterFinally, I’m delighted to be at WPO Thailand Chapter and working alongside each of you to overcome these obstacles and take our chapter to the next level.

Wholeheartedly thanks to the team, and let’s have a great remaining year together,

Praphad [email protected]

Issue 08: January 2016

YPO-WPO: PA Training & PA PartyVenue: J.W. Marriott, Sukhumvit

2 Flash Back July - December 2015

Speaker: Khun Weena Tongtamp (Image Coach)

YPO-WPO: Thailand’s Economic, Role & Position in AECVenue: Grand Hyatt Erawan

Speaker: Mr. Pridiyathorn Devakula (The Deputy Prime Minister) Day Chair: WPO - Khun Sompong Phaoenchok & YPO - Khun Tanarat Pasawongse Rating: 9.18

YPO-WPO: Tomorrow Never Dies Inauguration GALAVenue: The Okura Prestige


Rating: 9.31

WPO-YPO: Forum Training Program 2015/2016Venue: Oriental Residence Hotel

Facilitator: Mr. David Long

WPO: World’s Climate Change & Impact On Our Business.Venue: Grand Hyatt Erawan


Speaker: Mr. Pran Siamwalla (President of Association of Natural Disaster Prevention Industry) Day Chair: Khun Anurut Vongvanij Rating: 9.45

WPO: Workshop เตรียมตัวตาย ภาค 2 “ความตายและการเผชิญกับความตายด้วยอานาปานสติ”

Venue: ธรรมสถานว่องวานิช สมุทรปราการ

Speaker: อาจารย์แสวง บุญเฉลิมวิภาส และ อาจารย์ประเสริฐ อุทัยเฉลิม

Day Chair: Khun Warapong NandabhiwatRating: 9.57

YPO: Inside Newin UnitedVenue: Grand Hyatt Erawan


Speaker: Khun Newin Chidchob Day Chair: Khun Sangserm Panutaiwat and Khun Nuttanai AnuntarumpornRating: 9.22

YPO-WPO: GNH Breakfast Talk “Happiness Transformation, brining happiness to life, family, company & our country.” Venue: Grand Hyatt Erawan

Speaker: Dr. Ha Vinh Tho (Program Director GNH Centre Bhutan)Day Chair: Khun Harald LinkRating: 9.10

YPO-WPO: Inside Phoo Yai MaVenue: Anantara Siam Bangkok Hotel


Speaker: Khun Chai Rachawat (The Legend of Political Cartoon Columnist) Day Chair: YPO - Khun Somprasong Sahawat & WPO - Khun Teera Na Wangkanai Rating: 8.71

WPO: Insights Asean Summit 2015Venue: Fairmont Hotel Jakata, Indonesia

Day Chair: Khun Noni Purnomo and Khun Shinta Kamdani

YPO-WPO: The Secrets of Public SpeakingVenue: Sheraton Grande Sukhumvit Hotel


Speaker: Mr. Richard Greene Day Chair: Mr. Att Thongtang and Mr. Narun Thamavaranukup

YPO-WPO: พม่าโอกาสและอุปสรรคท่ีแท้จริง “The stories behind the re-emergence of Myanmar”Venue: Anantara Siam Bangkok Hotel

Speaker: Dr. Kobsak Pootrakool, Khun Kanet Buranasin and Khun Nattawin Phongsphetrarat Day Chair: Khun Anurut VongvanijCo Chair: Khun Thanat Tanaboriboon Rating: 9.07

YPO-WPO: Family Adventure in MyanmarVenue: Yangon and Bagan, Myanmar


Day Chair: Dr. Sunait Chuintaranond Rating: 9.62

YPO: Bollywood Winter WonderlandVenue: Khun Nishita’s house at Kansi

YPO-WPO: Golf Network


#9 25 Jul 2015 North Park Golf & Sport Club #1 19 Sep 2015 The Royal Gems Golf City Rangsit #2 31 Oct 2015 Summit Windmill Golf Club #3 28 Nov 2015 Rajpruek Club North Park

10 Events Calendar

January - June 2016Events Calendar

Date Organized By Events23 JAN 16 YPO - WPO Golf Network

Venue: Ayodhaya Links 18 FEB 16 YPO Economic Update

Speaker: Dr. Veerathai Santipraphob20 FEB 16 YPO - WPO Golf Network

Venue: Nikanti20-22 FEB 16 WPO - YPO Singha Park,Chiangrai Family Outing Program

Venue: Le Meridien Chiang Raai ResortMAR 16 WPO Innovative Driven Entrepreneur (IDE)

7-9 MAR 16 YPO - WPO GLC (International Event) Venue: Dubai

8-11 MAR 16 YPO - WPO CAW (International Event) Venue: Macau

9-11 MAR YPO - WPO EDGE (International Event) Venue: Dubai

19 MAR 16 YPO - WPO Golf Network Venue: Thai Country Club

25 MAR 16 YPO Camus Cognac - Growing World Class Brand and 5th Generation 152 Years Old Family Business with Mr. Cyril Camus

APR 16 WPO Health: Stem Cell or Others4 APR 16 WPO Regional Forum Moderator & Leader Workshop (International Event)

Venue: Singapore5-6 APR 16 YPO - WPO CLW (International Event)

Venue: Singapore9-10 APR 16 WPO Regional Board Meeting & Leadership Strategy Retreat

(International Event) Venue: Singapore

29 APR 16 YPO - WPO Wine Network Open House by Khun Chan Bulakul and Khun Chawalit Techapaibul Cost per person will be 15,000 THB. for YPO Member/ 49ers and 20,000 THB. for WPO non-49ers/ Prospective Member/ AU Member (user pay) Venue: Le Meridien Hotel Suvarnabhumi Golf Resort and Spa (Summit Windmill Golf Club)

MAY 16 WPO Indian Culture & Herritage21 MAY 16 YPO - WPO Golf Network

Venue: Navatanee27-28 MAY 16 YPO - AU Marketing in the New Age by Dean Deepak

C. Jain of the Sasin Graduate Institute of Business Administration. Venue: Sasin Campus

18 JUN 16 YPO - WPO Golf Network Venue: North Park

23 JUN 16 WPO AGM 2016 & Wind Down Party24 JUN 16 YPO AGM & Back to the Roaring 1950s Wind Down Party

Venue: The 65 Station Bar & Bistro

11 Chapter Officers

Chapter Officers1July 2015 - 30 June 2016

Chapter AdvisorMr. Chan Bulakul

Chapter AdvisorMr. Chawalit Techapaibul

Chapter AdvisorDr. Chumpol Phornprapha

Chapter AdvisorMr. Isara Vongkusolkit

Chapter AdvisorMr. Sanan Angubolkul

Chapter AdvisorMr. Parinya Tumwattana

Chapter ChairMr. Warapong Nandabhiwat

Chapter Vice ChairMr. Anurut Vongvanij

Chapter Education OfficerMr. Nart Liuchareon

Chapter Assistant Education Officer

Mr. Sranyoo Chanate

Chapter Family OfficerMr. Prasarn Akarapongpisak

Chapter Social OfficerMr. Anupon Likitpurkpaisan

Chapter Network OfficerMr. Chana Asdathorn

Chapter Vice Network Officer

Chapter Forum OfficerMr. Tasnai Kraiwattanapong

Mr. Pitiphong Bisalputra

Chapter Membership & Integration Officer

Mr. Praphad Phodhivorakhun

Chapter Communication Officer

Mr. Pramoad Phornprapha

12 Congratulatory Notes

Congratulatory Notes

Congratulation to Khun Isara Vongkusolkit (Chairman) and Khun Amporn Kanjanakumnerd

(COO Thailand Sugar Group, Mitr Phol Group)

13 Congratulatory Notes

Congratulatory Notes

Let’s Congratulate to Khun Sranyoo Chanate and Khun Chan Bulakul for

winning the election of Event Officer and Co-YNG /Mentoring respectively.

Current /Past Professional status:Currently a CEO of the main hospital and a Vice President of the group. Private healthcare network comprises of

hospital, long term care, home care, clinics, nursing school, healthcare resort and other 12 healthcare related

companies with 1000 staff

YPO Experience: Tenure in YPO and your role in the chapters/region plus some key initiative which you have spearheaded and awards

won (please describe what’s applicable)

Currently holding a position as an YPOWPO international event committee member. SEA Regional membership chair.

Position which you are nominated for FY16Regional event chair

If elected how will you serve the region and its members: Promote more of the regional events and chapter events and adhere to ECODE.

Support the current and future initiatives by the chapters in the region.

Sranyoo Chanate

Current /Past Professional status:Chief Executive Officer of the Brooker Group, a listed company in Stock Exchange of Thailand.

Our core business is investment banking which include rehabilitation, fund raising, infrastructure fund and REIT/ proper-

ty fund for total in excess of US D5 billion in past few ye a r s . We also engaged in fund ma n a g e m e nt. Forbes Asia

has awarded the Brooker Group “200 Best Under A Billion” in Asia- Pacific in the year 2011 for the success in operating

three consecutive years of outstanding financial performance based on earnings growth, sales growth and return on

equity. There were altogether 15,000 listed companies in Asia for this selection.

YPO and WPO Experience:I joined YPO, Thailand Chapter in year 1985 and was past Chapter Chair: FY1994,

Membership Chair: FY1995 & Area Conference Co-Chairman: FY1995. After graduate to WPO, I served as Chapter

Chair from July 2009 - June 2012, Membership Chair from July 2012 - June 2014 and currently as Chapter Advisor of

WPO. From 2009 - 2012 also served as WPO Regional Director (SE Asia) representing Thailand Chapter. I also partici-

pate in trial Mentorship Program for YNG.

• Planning:

I started the PYO Thailand Chapter (Presidents’ Youth Organization) for children of WPO. It started with 45 members in

year 2009 with the objective to train them to succeed in YPO and also add participation to WPO Chapter events. PYO is

currently established all over South East Asia, Hong Kong and Japan.

YPO, Head Quarter has now officially recognized this organization and gave it a formal name called “YNG” (YPO – Next

Gen). In recognition as founder of PYO, SE Asia region has awarded the title “

Father of YPO” to me.

• If elected, how will I serve the region and its members:

I) To start YNG Mentorship Program for SE Asia region.

II) To initiate closer tie between YNG with YPO & WPO:

a) such as YPO & WPO sponsor 1 program for YNG per year. b) Allow at least 1 table of 10 persons for YNG to

participate for selected events of up to 4 events per year. c) Quarterly review discussion on plan budget of YNG

together with YPO & WPO. d) Define and improve the YNG Charter & Regulations. e) Assist YNG to plan for annual

program.

Chan Bulakul

14 YPO Global Pulse survey results (3Q 15)

YPO Global Pulse survey results (3Q 15)

The Global Pulse survey gathers the perspectives of YPO and WPO members on the

overall economic climate in their region, as well as expected changes in business

sales, employment and investment. It is the only CEO economic sentiment indicator

to span the globe on a quarterly basis.

Media coverage (as of 12 p.m. Eastern, 3 November)

CEOs wary of economic conditions worldwide: Survey

Chief executive officers are less confident about economic conditions in every major region across

the globe, according to a quarterly survey of top business executives.

The U.S., while the strongest market globally, is not immune. Confidence in the U.S. dropped for the

third consecutive quarter, according to the latest Young Presidents’ Organization (YPO) Global Pulse

survey.

The erosion in confidence results from the belief among CEOs that the global economy has softened

in the past six months and will continue to weaken six months from now.

In July, 37 percent of CEOs said that the economy had improved in the previous six months. In the

just-completed October survey, it slipped to 31 percent. Looking ahead, the dip in confidence is

similar. In July, 44 percent of survey respondents thought the economy would improve in the next six

months. By October, 9 percent fewer CEOs thought that was likely to happen.

CEOs wary of economic conditions worldwide: Survey


The U.S. Index fell 2.9 points in October, to 59.9, a reading that suggests moderate growth in the

quarters ahead, according to Stephen Slifer, YPO Global Pulse economic advisor and chief econo-

mist at NumberNomics.

The Global CEO Index fell 2.8 points to 58.1. The steepest decline among the nine global regions

surveyed was Asia, where confidence dropped 4.7 points to 57.3.

“Fears about the extent of the slowdown in the Chinese economy, its impact on developing countries

in Asia, the drop in commodity prices and the ongoing debate about the timing of the Fed’s first rate

hike are taking a toll,” Slifer said.

The reversal in Asian regional confidence marks a significant, but not surprising, reversal in what

had been the globe’s biggest growth story out of the financial crisis. Five years ago, confidence in

Asia was consistently five to 10 points higher than the Global Index. But developments in China have

brought expectations back into line with the rest of the world. The outlook for Asia is not “bleak,” Slifer

said, but simply not as euphoric as it once was.

A reading of more than 50 in the YPO Global Pulse Index indicates a positive outlook, while below 50

indicates a negative outlook, so the higher the number, the more positive the outlook.


Confidence in the European Union fell 1.4 points in October to 60.2, which Slifer attributed to the belief

that slower growth in Asia was effectively countered by further easing measures by the European Cen-

tral Bank, a sharp decline in the value of the euro, and the stimulative impact caused by falling gasoline

prices.

From 2009–2013, E.U. confidence was consistently five to 10 points lower than the Global Index due to

the various debt crises in European countries.

Falling commodity prices have slammed Latin America, where confidence fell to 49.6, slipping below

the key 50 index-reading threshold — the only global region to decline below the baseline for a positive

outlook. Oil-exporting nations, like Brazil, Venezuela and Ecuador, have pushed the regional economy

into recession.

Business confidence in Africa fell to an all-time low for the YPO Global Pulse survey of 54.3 and experi-

enced the third-largest decline overall among regions in the third quarter, behind non-E.U. Europe and

Asia.

The decline in confidence across the globe is influencing key decisions at corporations, from hiring to

spending, but major declines are not yet being seen.

The employment index dipped 1.9 points to 59.0, but that remains only a point below the highest read-

ing for this business cycle. And with the exception of Latin America, employment prospects around the

globe remain a relative bright spot.

The investment outlook dropped 2.5 points to 58.6, but that still suggests investment opportunities are

being considered, Slifer said.

Among sectors, sentiment declined slightly in construction, but the bulk of the dip was from firms in

manufacturing and services. The declining confidence was equal across large, medium and small

firms.

Looking out 12 months, CEOs remain optimistic about growth potential for their businesses, with the

sales index falling 2.6 points, but still at a highly positive reading of 65.3.


Survey methodology: The latest quarterly YPO Global Pulse Index survey was conducted during the

first two weeks of October, gathering answers from 1,899 chief executive officers across the globe,

including 797 in the U.S. Globally, 27 percent of participants are from large companies (more than

500 employees), 39 percent from medium-sized companies (100–500 employees) and 34 percent

from small companies (less than 100 employees). By business sector, 25 percent of participants are

from the production sector, 10 percent from construction and 65 percent from the services sector.

CNBC and YPO (Young Presidents’ Organization) have formed an exclusive editorial partnership con-

sisting of regional “Chief Executive Networks” in the Americas, EMEA and Asia-Pacific. These Chief

Executives Networks are made up of a sample of YPO’s global network of 20,000 top executives from

120 countries who are on the frontlines of the economy and run companies that collectively generate

$6 trillion in annual revenues.

Confidence gains in Spain, Greece: On-air interview with Alastair King

(YPO London Mayfair)http://cnb.cx/1SlB28d

China’s President, Asian CEOs Soften Long-Term Growth Expectations

China’s ruling party said on Tuesday it

expects to grow the economy by 6.5 percent

per annum from 2016 to 2020 as part of its new

five-year outlook.

As part of China’s five-year plan ending in

2015, the ruling party set a growth target of 7

percent per annum.

Separately, a global survey of CEOs found a drop in confidence among Asian executives with

China’s slower growth cited as a main concern.

China’s President Xi Jinping said on Tuesday that the Community Party is now targeting a 6.5 percent

growth target for economic growth from 2016 to 2020.

China’s ruling government reveals a five-year outlook and growth forecast. For the five-year period

ending in 2015, the government projected it will grow the economy by 7 percent per year.


China’s economy grew 6.9 percent in the third quarter of this year.

As part of the new five-year plan, China’s government expects the country’s gross domestic product

and per capita income in 2020 to be double what they were at the start of the decade. The ruling party

has also set an objective of eradicating rural poverty, promote the inclusion of its national currency (the

renminbi) within the International Monetary Fund’s basket of currencies, attract foreign investments, and

encourage local businesses to invest internationally.

The party also said that the establishment of a new “Green Development Fund” is necessary to promote

clean industry and sustainable growth.

‘Steep Decline’ In Confidence Among CEOs News of a 6.5 percent growth forecast may disappoint some investors and further sheds doubt on the

country’s ability to return to a near double-digit growth outlook any time soon.

Further exasperating investors is a new study by Young Presidents’ Organization, a global network of

young CEOs across more than 125 countries.

The YPO Global Pulse Index for Asia, a measure of economic confidence among CEOs in the region

fell to 57.3 from 62.0 in the third quarter. This marks the largest drop seen in any region across the

world and is the fifth consecutive quarterly decline and the lowest level of confidence reported by YPO

leaders in Asia since the survey began six years ago.

CEOs cited slower growth in China as a main driver of reduced confidence. In addition, stock market

fluctuations have caused business leaders in Asia to become “nervous.”

Confidence of YPO members in China fell eight points in the third quarter to 52.7.

“As China struggles to transform from an industrial-based economy to a consumer-driven model,

confidence in Asia has been adversely affected by the tight inverse relationship between the value of

the U.S. dollar and commodity prices,” said Leon Teoh, managing director of Fortson Sdn Bhd and a

member of the YPO SEA Dragon chapter.

The survey concluded did, however, conclude that while the outlook for Asia may not be as optimistic

as it has been in the past, it “cannot be characterized as pessimistic.”


Business confidence is on a decline in Asia, but there is nothing to

worry about: YPO Global Pulse ReportThe quarterly report of YPO Global Pulse, which

states the outlook of CEOs across 130 countries,

stated that the business confidence declined in

the Q3 of 2015.

The index stated that this was the fifth consecutive

quarterly decline due to drop in oil prices,

plummeting stock markets, slowdown in China,

rising interest rates, etc.

The YPO Global Pulse Confidence Index revealed that the confidence for the US declined 2.9 points

but it was consistent with the GDP expansion of the country.

Coming to Asia, owing to China’s slowdown, the CEO economic confidence dropped 4.7 points from 62

to 57.3 in Q3 of 2015. This is the lowest since 2009.

However, even with slower growth in China, the confidence index for Asia at 57.3 is in line with the

global index which declined 2.8 points in October to 58.1. The outlook for Asia can hardly be construed

as worrisome.

“As China struggles to transform from an industrial-based economy to a consumer-driven model, con-

fidence in Asia has been adversely affected by the tight inverse relationship between the value of the

U.S. dollar and commodity prices,” said Leon Teoh, managing director of Fortson Sdn Bhd and a mem-

ber of the YPO SEA Dragon chapter.

The ASEAN nations also witnessed a drop in export and confidence in Thailand fell 5.9 points and in

Malaysia, it dropped 12 points.

The business confidence in the Middle East and North Africa declined further.

The top oil exporters of the world, Saudi Arabia and United Arab Emirates, also saw a drop in CEO

confidence.

(Image: Thinkstock)


You also may like, comment and share the announcements that are posted

on YPO-WPO’s social media accounts. The hashtag is #YPOGlobalPulse

and remember to tag our accounts when possible.

www.facebook.com/youngpresorg

www.twitter.com/YPO

www.linkedin.com and search for “Official YPO-WPO Group”

plus.google.com/+YpoOrg

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