Thailand HR Strategy Playbook 2024

The implication of the signal to organizations in Thailand

Business vulnerability and new horizon

From noise to signal

>3-5 Year

Impact to organization

H

H

M

L

Signal #6

Small/Micro

Not-for-profit

Large /MNC

Medium

Key questions for the organization to consider

Readiness levels for technological adoption vary across sectors, including individuals, businesses, and policymakers. While technology holds the promise of societal equity, practical challenges arise without well- prepared systems. A paradox unfolds as the younger generation adeptly embraces the platform economy for additional income, and new currencies excite them as a shortcut to wealth. They face struggles when investing without adequate knowledge. This cycle leads to financial and mental health challenges, impacting work, productivity, and family dynamics.

How has organization assessed the organization's current talent pool for flexibility, adaptability, and the capacity to contribute effectively in both growth and downsizing scenarios?

Does the organization invest in cross-training programs to enhance employees' skills and versatility,?

Is succession planning effective to ensure a smooth transition for key roles in the event of rapid scaling or downsizing, and how are employees being prepared for potential leadership roles? How does HR foster employee engagement in change management processes, ensuring that employees are informed, involved, and adaptable during times of uncertainty? How flexible are HR policies regarding work arrangements to accommodate changes in staffing levels, including remote work, part-time arrangements, or other flexible options?

How does company support the well-being of employees during times of uncertainty,

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