According to researches, only 30 percent of family businesses survive from 100 percent of business in first generation. In the third generation, only 12 percent survived and the figure drops to 3 percent in the fourth generation. This shows that family business cannot last long than three generations despite their financial backgrounds, recognitions and business foundations as business heirs must constantly face the ever-increasing challenges and competitions.

Family business is common and distinctive among textile and garment industries as most of operators are handed down their businesses from previous generation and this model will continue to the generations to come.

Therefore, Reed Tradex (the organizer of GFT 2012 and GMS 2012) is pleased to invite business heirs, business owners, entrepreneurs and interested persons to attend GFT Forum 2012 on the topic “Strategies to Drive Sustainable Growth for Business Family” on 15 March 2012, 13.30 – 16.30 hrs., at Grand Ballroom, Landmark Hotel, Bangkok, Thailand.

Before the Forum, the new direction of Thai garment and textile industries will be unveiled in keynote speech “Thai Garment Towards Sustainable Growth” by Mr. Somsak Srisupornvanitm President, The National Federation of Thai Textile Industries (NFTTI).

The Forum will feature a round table discussion by successful business heirs from successful business tycoons who will share their tips and present know-how to enhance business management and strategies so delegates can adopt and implement for their own benefits to hand down or carry on their family businesses with sustainable growth through various topics including:

		“From Generation to Generation: Sustainable Family Business” by Mr. Sukij Kongpiyacharn, Managing Director, Hong Seng Knitting Co., Ltd.
	“Adjusting Thinking Strategies with Integrated Management Concept” by Mr. Kanok Leelahakringkrai, Managing Director, Golden Bowl Co., Ltd.*
		““Wealth Management: Upgrade Effectiveness to Business Prosperity” by Mr.Visit Ongpipattanakul,  Managing Director, Trinity Securities Co.,Ltd.
		“New Direction for Family Business Management to Sustain Success” by Asst. Dr. Akachai Apisakkul, Director, Family Business & SMEs Study Center, University of the Thai Chamber of Commerce

(*Remarks: Waiting for confirmation)

Remarks:

• The Forums will be conducted in Thai language.
• Seats are limited and the reservation is available on a “first-come-first-served” basis.
• The organizer reserves the right to adjust the program without prior notice.