Recently, Khanh Hoa Mineral Water Joint Stock Company (Vikoda) successfully organized the OGSM Strategic Conference for the first 06 months of the year in Nha Trang, Khanh Hoa, with the participation of over 130 employees including the Executive Board, the entire office block of the factory, and the sales block at all management levels to review the OGSM strategic results of the first 06 months and the OGSM action strategy for the last 06 months of 2023.
At the beginning of the Conference, CEO Nguyen Thi Nga once again analyzed the Company’s Mission, Vision, Core Values, and the OGSM Strategic Management Model as well as the company’s goals for 2023.
OGSM is a regime that helps the company build and promote its comprehensive strength, spanning from employees, departments, subsidiaries to leadership, assisting the company in achieving unified and sustainable growth in the past, present, and future, Ms. Nguyen Thi Nga said.
CEO Nguyen Thi Nga gives the opening speech at the Conference
As one of the strategic member companies of F.I.T Group, Khanh Hoa Mineral Water Joint Stock Company has applied the OGSM management tool to plan, deploy, and manage its strategy, enhancing the competencies of all staff, creating a combined strength to achieve the annual objectives.
Through the OGSM Strategic Conference, the Executive Board and all employees have jointly reviewed and evaluated the specific operations of each department during the first 06 months, including the Financial, Business, Production, HR, and Marketing departments; thereby making timely and appropriate adjustments to the action plans for the last 06 months, ensuring the completion of 100% of the set goals for 2023.
In 2023, the global economy is expected to continue slowing down before rebounding in 2024. However, with strong financial investment, strategy from F.I.T Group, and the unity and determination of all staff, the first 06 months of 2023 recorded a post-tax profit growth of Vikoda by 398% compared to the same period last year. The company has continuously expanded, increasing the brand recognition of product lines in consumers’ minds, especially the natural alkaline mineral water brand Vikoda. Vikoda natural alkaline mineral water possesses a refreshing sweet taste with an ideal alkaline pH of 9.0, along with minerals that help neutralize excess stomach acid, returning the body to a natural healthy balance, actively supporting the digestive system and health.
The Company’s Executive Board and employees are determined to achieve the 2023 goals.
In 2023, Khanh Hoa Mineral Water Joint Stock Company set a target of net revenue reaching VND 350 billion, and gross revenue reaching VND 364 billion. With the exclusive advantage from the alkaline mineral mine, the company is currently focusing on improving and diversifying product lines, expanding the distribution network, and intensifying branding activities for labels, laying the groundwork for the goal of reaching a production capacity of 1 million bottles/day by 2030.
