Happy Friday na ka!
As I've been listening to quite a few foreign CEOs, now comes the time for me to share about our own Thai leadership too ka. The other day, I got a link to listen to an interview of Khun Rit Thirakomen, Chair of the Board and CEO, MK Restaurant Group Pcl. Very interesting and I'll share from what I can recall, which means I'm really impressed about those points ka.
- MK was able to have some profits despite the COVID19 crisis.
- The company has a very conservative principle not to get loans....making the company suffer much less.
- He has managed to retain his staff by offering delivery or special discounts for some particular food choices like MK ducks....barely got any profit but had cash to be spent on his team while helping his supply chain to survive.
- The increasing number of people coming into the restaurant business doesn't mean MK has more competitors. Rather, it gives more options to customers which is welcoming since no one eats suki every day. MK has some other brands we know too but basically, I only go for an MK suki.
- Collaborate not M&A as he partners with Laemthong restaurant to complement each other and with a Japanese logistics company.....mutual benefits!
Want to have a suki meal this weekend mai ka?
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