-
Internal audit
In today's increasingly competitive and regulated market place, organisations - both public and…
-
IFRS
At Grant Thornton, our International Financial Reporting Standards (IFRS) advisers can help you navigate the…
-
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver…
-
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the…
-
Looking for permanent staff
Grant Thornton's executive recruitment is the real executive search and headhunting firms in Thailand.
-
Looking for interim executives
Interim executives are fixed-term-contract employees. Grant Thornton's specialist Executive Recruitment team can help you meet your interim executive needs
-
Looking for permanent or interim job
You may be in another job already but are willing to consider a career move should the right position at the right company become available. Or you may not be…
-
Practice areas
We provide retained recruitment services to multinational, Thai and Japanese organisations that are looking to fill management positions and senior level roles in Thailand.
-
Submit your resume
Executive recruitment portal
-
Update your resume
Executive recruitment portal
-
Available positions
Available positions for executive recruitment portal
-
General intelligence assessments
The Applied Reasoning Test (ART) is a general intelligence assessment that enables you to assess the level of verbal, numerical reasoning and problem solving capabilities of…
-
Candidate background checks
We provide background checks and employee screening services to help our clients keep their organisation safe and profitable by protecting against the numerous…

-
Capital markets
If you’re buying or selling financial securities, you want corporate finance specialists experienced in…
-
Corporate simplification
Corporate simplification
-
Expert witness
Expert witness
-
Family office services
Family office services
-
Financial models
Financial models
-
Forensic Advisory
Investigations
-
Independent business review
Does your company need a health check? Grant Thornton’s expert team can help you get to the heart of…
-
Mergers & acquisitions
Mergers & acquisitions
-
Operational advisory
Grant Thornton’s operational advisory specialists can help you realise your full potential for growth.
-
Raising finance
Raising finance
-
Restructuring & Reorganisation
Grant Thornton can help with financial restructuring and turnaround projects, including…
-
Risk management
Risk management
-
Technology & Digital Services
Technology Services
-
Transaction advisory
Transaction advisory
-
Valuations
Valuations
-
Human Capital Consulting
From time to time, companies find themselves looking for temporary accounting resources. Often this is…
-
Strategy & Business Model
Strategy & Business Model
-
Process Optimisation & Finance Transformation
Process Optimisation & Finance Transformation
-
System & Technology
System & Technology
-
Digital Transformation
Digital Transformation
-
International tax
With experts working in more than 130 countries, Grant Thornton can help you navigate complex tax…
-
Licensing and incentives application services
Licensing and incentives application services
-
Transfer pricing
If your company operates in more than one country, transfer pricing affects you. Grant Thornton’s…
-
Global mobility services
Employing foreign people in Australia, or sending Australian people offshore, both add…
-
Tax compliance and tax due diligence review services
Tax compliance
-
Value-Added Tax
Value-Added Tax
-
Customs and Trade
Customs and Trade
-
Service Line
グラントソントン・タイランド サービスライン
-
Business Process Outsourcing
Companies, large and small, need to focus on core activities. Still, non-core activities are important, and…
-
Technology and Robotics
We provide practical digital transformation solutions anchored in business issues and opportunities.…
-
Technical Accounting Solutions
The finance function is an essential part of the organisation and chief financial officer (CFO) being the…
-
Accounting Services
Whether you are a local Thai company or a multinational company with a branch or head office in…
-
Staff Augmentation
We offer Staff Augmentation services where our staff, under the direction and supervision of the company’s…
-
Payroll Services
More and more companies are beginning to realize the benefits of outsourcing their noncore…
-
IBR Optimism of Thailand Mid-Market Leaders Suggests Potential Underestimation of Challenges Ahead: International Business Report, Q1 2024Bangkok, Thailand, April 2024 — The Grant Thornton International Business Report (IBR) for Q1 2024 unveils a strikingly optimistic outlook among Thailand's mid-market business leaders, juxtaposed with the looming challenges that will shape the nation's economic future. With a Business Health Index score of 13.5, Thailand outperforms its ASEAN, Asia-Pacific, and global counterparts, signaling a robust confidence that may overshadow critical issues such as demographic changes, skills shortages, and the necessity for digital advancement.
-
Workshop Corporate Strategy and Company Health Check WorkshopThroughout this workshop, we will delve into the life cycle of companies, examining the stages of growth, maturity, and adaptation. Our focus will extend to the current business environment, where your Company stands today, and how our evolving strategy aligns with the ever-changing market dynamics.
-
Tax and Legal update 1/2024 Introducing the New “Easy E-Receipt” Tax scheme with up to THB 50,000 in Tax DeductionsThe Revenue Department has introduced the latest tax scheme, the “Easy E-Receipt”, formerly known as “Shop Dee Mee Kuen”. This scheme is designed to offer individuals tax deductions in 2024.
-
TAX AND LEGAL Complying with the PDPA – A Balancing ActOrganisations must be aware of the circumstances in which they are allowed to collect data to comply with Thailand’s Personal Data Protection Act.
Ever since the Industrial Revolution, manufacturing has been at the forefront of innovation. New technologies that improve efficiency and productivity have always been enthusiastically implemented, leading to great benefits for both producer and consumer. Today, an important new dimension is at play, as manufacturers find themselves in the midst of the digital revolution. Those who embrace the forces of disruption will prosper, while those who resist the inevitable will fall by the wayside.
Digital transformation is the only way to ensure lasting success, and manufacturers need to take every step necessary to ensure it is done correctly.
Manufacturers that do not commit to digital transformation will not be able to keep up with competitors who can offer data-based services to their customers. If they do not offer the latest services, buyers will find someone else who does.
The hurdles
Many manufacturers today have an incumbency problem. If their old business models work reliably, managers see no reason to change them.
Moreover, traditional evaluation methods put too much emphasis on short-term performance, which prevents organisations from taking the long view. Innovation projects require real investment that, while not guaranteed to pay dividends in the short term, could be a massive boon in the future.
Another obstacle to successful transformation is created through competing corporate cultures. The traditional manufacturing culture of constant improvement often clashes with the digital culture of constant innovation. For the transformation to be successful, a near-perfect balance must be struck between these two mindsets.
Promising signs
Most major manufacturers are already embracing the digital. Research indicates that 75% of large manufacturers will incorporate the Internet of Things (IoT) and data analytics into their operations by the end of 2019.
This kind of digital integration cannot come soon enough, as IoT technology is revolutionising the manufacturing world. Supply chain systems that were once linear and unchanging are now becoming increasingly interconnected and dynamic. Through the IoT, tools and machinery on the ground can collect and store data during use. This information can then be processed and analysed by artificial intelligence throughout every stage of manufacturing, and at every link along the supply chain.
In the past, such data could only be collected periodically and imperfectly. With IoT technology, it can be continuously harvested, analysed in real-time, and used to constantly improve machines, processes, and customer experiences.
Digital transformation represents a huge opportunity for advancement, and manufacturing leaders should take an optimistic, if cautious, approach to its implementation. Many major manufacturers such as Honeywell International, GE, and Siemens already glean half of their revenues from after-sales services, with digital technologies playing a major role. In fact, service contracts alone contributed around 80% of GE’s industrial earnings in 2010.
The keys to success
While revamping websites, managing social media accounts, and creating online sales channels are all good steps to take, digital transformation requires much more than a simple update of existing business processes.
Leaders need to coach their people to be receptive to change, and aware of its necessity. Only when the entire organisation – including people, processes, strategies, and technologies – has undergone a fundamental and well-managed change, will it be able to reap the full rewards of the transformation.
Digital transformation is an extremely complex process that involves careful coordination at all levels of the organisation. Many manufacturers do not have the in-house capabilities to oversee the entire process. In this case, it is wise to enlist the help of a third party that can act as an essential guide throughout the transformation, ensuring that the changes are designed to produce substantial and sustainable benefits.
Whether or not the organisation enlists outside assistance, the CEO must lead the charge and bridge the gap between traditional and digital business models. If the CEO is seen to have the right attitude towards change, and if the concepts and strategies behind the transformation are well communicated, then the other members of the organisation will follow.
For digital transformation to be successful, manufacturers need to be far-sighted, investing in constant innovation. They must also be aware of the fact that transformation itself is not a singular event. It is an ongoing process that requires consistent commitment.
Manufacturing has always been about staying ahead of the curve – and while the means this time are different, the fundamental concept remains the same. The entrepreneurial, forward-looking spirit that has always been characteristic of the best manufacturers is needed now more than ever before. Indeed, the future will belong to those who embrace it.