OUTSTANDING CATEGORY
Mr. Sorrapahon Nitikanchana
Managing Director
Mr. Sorrapahon is the CEO of SPM Group, one of the leading agro business. He is an intelligent and visionary business entrepreneur and leader. He built SPM Group from a million USD to a billion USD company in only a short span of 17 years.
The entrepreneur graduated with a Bachelor’s degree in Industrial Engineering from Chulalongkorn University, which is the Best University in Thailand, with a high academic record and honors. He subsequently received two additional Master degrees in Business Administration (MBA) with high recognition of outstanding performance from Purdue University (one of the leading university in USA) and GISMA business school (a leading university in Germany).
Mr. Sorrapahon’s dream was to build a successful company that can be home to his employees and his followers. However, the main obstacles which he faced was on how to fight with giant competitors who have already established a solid business before him entering SPM Group.
With that, he combined his innovation and several new business ideas to differentiate his company from his competitors. His strategy turned out successful and nowadays SPM Group is one of the leading companies in the industry.
Mr. Sorrapahon has received various personal recognitions since he started the business. The accolades include BGS recognition for outstanding business study, Academic honors in engineering, The industrial engineering Award, Award from the Ministry of Industry on behalf of the honored guest speaker for the plant management through television and the press. He was also chosen as the Representative of the faculty to join the Engineering Reunion, and he was one of the youngest representative of nine Thai businessman selected by the Ministry of Industry to join the Training Programme for Philippines and Thai SME Managers in South Korea.
Upon joining SPM Group in 2002, Mr. Sorrapahon created a lot of successful milestones for the company.
- He improved the operation efficiency of his feed mill by using several industrial engineering concepts and management tools. This improvement made his company one of most cost competitive feed producers in Thailand and his company received various award for production improvement.
- He established a joint venture company with the Thai Government. This joint venture company focuses on developing and producing biotechnology additives which can improve the quality of his animal feed. Combining the biotechnology concept from his JV company to animal feed of SPM, they created a unique and successful biotechnology feed product to the market.
- He expanded the animal feed business from only one type of feed to several types of animal feed. Moreover, he brought in several new business models and marketing idea to sales team which were very successful. The sale of animal feed business growth from only three million USD/year to almost 300 million USD/year within 17 years.
- He expanded the business from only supplying products domestically to supplying products internationally. Moreover, he established several projects which coordinate with foreigner such as Japanese.
- He established fours new companies under SPM group and helped SPM expand its business from only swine farm and animal feed to several businesses such as biotechnology business, trading business, agriculture business, and food business.
After 17 years under his leadership, the sales of SPM group has grown from millions USD per year to more than half a billion USD per year. The number of employee has also grown from around 300 employees to more than 2,500 employees.
Future Plans
In the future, Mr. Sorrapahon hopes to build SPM group into a leading company for agro food, and feed business not only in Thailand but also in Asia . In order to achieve this vision, there are three main missions which he aims to complete such as to leverage the core competency of SPM Group of using biotechnology for not only animal feed but also for other business area such as swine farm and food; to establish strong relationships with oversea business partners in Asian countries and know how to adjust their product offerings to local demands; to build strong management teams, empower employees, and to bring in IT systems or other management tools to improve the efficiency of business transactions and operations.
OUTSTANDING CATEGORY
Mr. Sorrapahon Nitikanchana
Managing Director
Mr. Sorrapahon is the CEO of SPM Group, one of the leading agro business. He is an intelligent and visionary business entrepreneur and leader. He built SPM Group from a million USD to a billion USD company in only a short span of 17 years.
The entrepreneur graduated with a Bachelor’s degree in Industrial Engineering from Chulalongkorn University, which is the Best University in Thailand, with a high academic record and honors. He subsequently received two additional Master degrees in Business Administration (MBA) with high recognition of outstanding performance from Purdue University (one of the leading university in USA) and GISMA business school (a leading university in Germany).
Mr. Sorrapahon’s dream was to build a successful company that can be home to his employees and his followers. However, the main obstacles which he faced was on how to fight with giant competitors who have already established a solid business before him entering SPM Group.
With that, he combined his innovation and several new business ideas to differentiate his company from his competitors. His strategy turned out successful and nowadays SPM Group is one of the leading companies in the industry.
Mr. Sorrapahon has received various personal recognitions since he started the business. The accolades include BGS recognition for outstanding business study, Academic honors in engineering, The industrial engineering Award, Award from the Ministry of Industry on behalf of the honored guest speaker for the plant management through television and the press. He was also chosen as the Representative of the faculty to join the Engineering Reunion, and he was one of the youngest representative of nine Thai businessman selected by the Ministry of Industry to join the Training Programme for Philippines and Thai SME Managers in South Korea.
Upon joining SPM Group in 2002, Mr. Sorrapahon created a lot of successful milestones for the company.
- He improved the operation efficiency of his feed mill by using several industrial engineering concepts and management tools. This improvement made his company one of most cost competitive feed producers in Thailand and his company received various award for production improvement.
- He established a joint venture company with the Thai Government. This joint venture company focuses on developing and producing biotechnology additives which can improve the quality of his animal feed. Combining the biotechnology concept from his JV company to animal feed of SPM, they created a unique and successful biotechnology feed product to the market.
- He expanded the animal feed business from only one type of feed to several types of animal feed. Moreover, he brought in several new business models and marketing idea to sales team which were very successful. The sale of animal feed business growth from only three million USD/year to almost 300 million USD/year within 17 years.
- He expanded the business from only supplying products domestically to supplying products internationally. Moreover, he established several projects which coordinate with foreigner such as Japanese.
- He established fours new companies under SPM group and helped SPM expand its business from only swine farm and animal feed to several businesses such as biotechnology business, trading business, agriculture business, and food business.
After 17 years under his leadership, the sales of SPM group has grown from millions USD per year to more than half a billion USD per year. The number of employee has also grown from around 300 employees to more than 2,500 employees.
Future Plans
In the future, Mr. Sorrapahon hopes to build SPM group into a leading company for agro food, and feed business not only in Thailand but also in Asia . In order to achieve this vision, there are three main missions which he aims to complete such as to leverage the core competency of SPM Group of using biotechnology for not only animal feed but also for other business area such as swine farm and food; to establish strong relationships with oversea business partners in Asian countries and know how to adjust their product offerings to local demands; to build strong management teams, empower employees, and to bring in IT systems or other management tools to improve the efficiency of business transactions and operations.