Transforming Thai family businesses to achieve sustainable growth requires constant adaptation to modernity, timeliness, and technology, so that "Long live Thai family businesses!"

I hope that this new 6C formula for successful Thai family businesses will serve as a guideline for family business owners to lead their businesses to growth and sustainability from generation to generation, fulfilling my aspiration: "Long live Thai family businesses."

The previous article presented the current tax collection situation in Thailand, the structural problems of the Thai tax base, and [...].

Technology can help with tax collection in many ways, with the common goal of increasing the number of taxpayers in the system and expanding the tax base, particularly VAT, to cover all economic sectors. This reduces the burden on small groups of people who previously shouldered the burden of national taxes, and creates a fairer, more transparent, and more efficient tax system.

Following the government of Prime Minister Anutin Charnvirakul, who has assumed the role of head of the interim government to […]

Conflict in family businesses is inevitable, but it must be faced mindfully and rationally, and discussions must be held today to find ways to develop family business knowledge.

AI is not just a key technology, but it will be a key factor in enhancing the competitiveness of family businesses.

Managing a family business in the modern era requires both science and art. Equal share allocation is not the one-size-fits-all answer for every family, but must be designed to suit the structure, relationships, and goals of each family to create long-term sustainability for Thai family businesses.

I will present the conclusions from the debriefings of 30 families from around the world to consider together how the successful and (un)successful formulas can be applied and used as guidelines for families in Thailand. Which families can apply the 6C formula and be successful, or which families will fail when the 6C formula is missing?

Learning from the experiences of other family businesses will be a compass that will give Thai family businesses a guideline to achieve sustainable growth and success.