On September 21-24, 2022, in Thailand, the Board of Directors of F.I.T Group and the senior management of member companies held a meeting to discuss and develop OGSM 2023* and agreed on a statement to change the Mission, Vision, Core Values of the whole Group. This event marks an important step towards bringing F.I.T Group to greater responsibilities in improving the quality of community life.
The year 2022 marks the milestone of 15 years of establishment and development of F.I.T Group. F.I.T Group becomes powerful and owns companies with basic and essential products such as Pharmaceuticals, FMCG, Food, Agricultural Product, Real Estate, etc. During its operation, F.I.T Group and its member companies always adapt flexibly and make a giant leap, maintaining their reputation in order to complete the goal of building a solid foundation, creating a premise for future breakthrough plans.
Facing difficulties and challenges in the economic and social context in Vietnam and the world, the Board of Directors of F.I.T Group is well aware of the necessity for changing strategy and vision to continue pursuing sustainable values, leading the Group to develop more and more prosperously, making more contributions to the community.
The Board of Directors of F.I.T Group and senior leaders of member companies are determined to bring F.I.T Group to new heights.
At the event of Declaration of Mission, Vision, Core Values and Development of OGSM 2023, the Group’s Board of Directors and the senior management of member companies agreed to change the strategy in order to turn F.I.T Group into a prosperous, multi-industry group with leading, classy and differentiated products and services that bring a better quality of life.
F.I.T Group’s Board of Directors and senior leaders of member companies are committed to implementing the Vision, Mission, Core Values and OGSM 2023
Along with the changes in Mission, Vision, and Core Values, the Board of Directors developed an OGSM strategy for 2023, mentioning the challenging goals for the Group and each member company. This is a key corporate governance tool, applied by the Board of Directors of F.I.T Group to create breakthrough strategies and control the strategy and actions of the whole Group. Towards 2027 – a milestone of the 20th anniversary of its establishment, F.I.T Group aims to become a multi-industry group with billion-dollar market capitalization and revenue of hundreds of millions of dollars.
Official statement of F.I.T Group at the event:
- Mission: Improve the quality of life with outstanding products and services
- Vision:
- Become a prosperous, multi-industry group with leading, classy and differentiated products and services, bringing a better quality of life.
- Become a place which attracts talents and receives honor from society.
- Target 2027: To become a multi-industry group with a billion-dollar market capitalization, owning leading brands in essential goods and resort real estate with revenue of $250 million and pre-tax profit of $ 50 million.
- Core values:
+ Devotion
+ Desire to win
+ Perfect implementation
+ Constant improvement
+ Compliance