Based in Bangkok, Thailand, my company provides specialist international taxation advice. Whilst our local competitors strive to be "pretty good" at all manner of legal issues including visa services, business advice, taxation, divorce law, property law, civil disputes, and such, we are taxation specialists and consequently have the most successful track record in Thailand for presenting tax treaty claims for international teachers. My own role primarily involves provision of advice and making strategic decisions as to which issues we will work on, and consequently part of my work involves reinterpreting what has come before as a way to develop a line of sight into what comes next. With over forty years of international taxation experience, including more than a decade of handling tax treaty issues in Thailand, I am able to draw upon my considerable experience in this type of work and I ensure that my company's priorities and practices stay consistent in good times and bad. With Revenue Department staff, who are poorly trained and ill-equipped, problems frequently arise and I regularly have to focus my attention on individual cases in order to resolve claims, whilst my four staff attend to the more predictable day-to-day administrative issues. Without this level of expertise to hand we find competitor firms, for whom teachers' tax treaty claims are non-core business, soon run into difficulty, and I am constantly looking for ways to hone our exististing capabilities to improve upon a service that is already better than the competition.
I have built this company from the bottom up, hiring only fully formed adults who put the company's interests first, and who understand and support the desire for a high-performance workplace. If people fail to display this level of adult-like commitment then I prefer to let them go rather than devise rules and policies to deal with the problems they might cause. My staff are people who want the company to succeed, and can competently manage themselves through commonsense without formal policies. Every employee understands how their performance affects the client, and as a small team they are efficient and far less frustrating to manage than either the cumbersome groups found in larger international firms, or the whirlpool of inexperienced, disinterested amateurs employed by low-paying local competitors suffering from low morale and consequent high staff turnover.
I believe in the concept of Conscious Capitalism, which means that in addition to providing a service to our clients, I expect the companies I buy from to receive fair value for their products and services, and to have the least possible impact upon the environment. I recognise that one of the most important factors determining an employee's engagement is the sense that he or she is being recognised, primarily through pay, and that quality of service depends upon retaining experienced staff who feel sufficiently rewarded and contented that I do not need to devote valuable time and resources searching for and training replacements. Retaining experienced staff enables me to take a "hands off" management approach, allowing employees to work on their own initiative, merely flagging areas where my intervention is needed.
With the right staff in place I have worked to give them better skills. This has created loyalty and, in turn, a longer life for the company. As a small team my staff require little effort to co-ordinate and will work together to get the job done. They know they have my full support and accept my way of working. We are not in business to provide a "me too" service; the aim is to be better, not cheaper, and I will not cut costs and quality of service in order to obtain business. Those companies that are competing, in a race to the bottom, on cost alone, can only do so by providing an inferior service and the more they cut fees to compete the greater the difference between their service and ours. Additionally, as both director and principal investor in the company I ensure that we invest in resources that are of direct benefit to the company's principal activities and not in assets or activities unrelated to the core business.