Designing and Establishing a Leadership Consulting Firm in Vietnam
Designing and Establishing a Leadership Consulting Firm in Vietnam
Phuoc Nguyen | 2019
Abstract
Since the Vietnamese government initiated economic reform and innovation in 1986, Vietnam’s economy has been growing, developing, and taking off stably. Moreover, foreign investment and domestic investment are increasingly flourishing. These lead to a very high potential demand for leadership consulting services. Since 1986, Vietnam has applied and operated a market economy from a subsidized centralized economy. So far, many domestic and foreign management consulting firms and management systems consulting firms have provided consulting services in Vietnam.
Nevertheless, in terms of leadership consultancy, there is no leadership consulting firm operating in Vietnam. The purpose of this document to describe the process of and designing and establishing a leadership consulting firm in Vietnam that includes a business plan. The approach consists of choosing a head office’s location, naming leadership consulting firm, providing kinds of leadership consulting services, implementing business registration, creating a leadership consulting brand, expanding the leadership consulting activity networking, opening a business banking account, planning for taxes, setting up the business accounting, getting the business insurance, writing the value proposition, designing a business structure, and writing a business plan.
The author hopes to establish, build, and operate the first leadership consulting firm in Vietnam successfully. The most expected results of designing, establishing and operating a leadership consulting firm aim to contribute to improving leadership quality for small companies, midsize companies, and non-profit organizations in Viet Nam. The company will combine approaches and methods of management consulting, management systems consulting, and auditing management systems to integrate them into the leadership consulting process based on a Bible basis to practice leadership consulting, including servant leadership, moral leadership, spiritual leadership, and transformational leadership.