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PTL Group wins again at ATTA award: The award for “Transformation of 2012”

Posted by Lily Li
Lily Li
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on Friday, 30 November 2012
in Business in China

The ATTA Award ceremony was held in Hong Kong, on Friday, November 23rd, and PTL Group was invited to submit a case study for consideration. We are happy to announce that we were awarded with a prize for the second year running:
Transformation of 2012 - PTL Group Ltd for the business change and transformation of a foreign owned China joint venture.”

PTL Group took a unique approach in our presentation to the award committee, by presenting a number of transformation cases in order to change the perception of how to obtain turnaround projects. Rather than looking for companies with severe issues that need Turnaround, members should be offering preventative methods, by identifying issues for most companies before they reach the dire stages, and then offering steady transformation processes to improve their operations.

We aimed to highlight a number of selected projects within the last year that came out of performing soft audits, and show that this methodology could be very beneficial for all in the association. China is more about transformation rather than turnaround. Transformation is needed constantly – if companies stop transforming there's a chance they'll collapse. When we identify problems at an early stage, we encourage  the managers to adopt or create change in the company.