Myanmar's business landscape has undergone a profound transformation lately – opening up its potential to the world, and rising from decades of isolation. The economic reforms and the government’s pro-business policies are putting the nation on the global stage and creating opportunities for many businesses. Foreign Investment Laws have been updated, giving tax breaks; Special Economic Zones are making regulations smoother; and infrastructure projects are improving global connectivity.
In the middle of all this business evolution in Myanmar, Dr. Oakgar Kyaw emerges as a stand-out personality among honored business leaders. As the Group CEO of Mandalar Healthcare Group, he navigates the nuances of both healthcare and business, spearheading initiatives that contribute to the nation's growing recognition.
He brings a unique blend of clinical expertise and business acumen to his role as the CEO of MHG. Trained as a clinical doctor and holding an MBA degree, his academic background positions him as a transformative leader; adept at navigating at the juncture of healthcare and business.
In over 12 years of his experience in healthcare, Dr. Oakgar has completely analyzed the critical role that healthcare consultancy plays in providing end-to-end services to diverse clients, including private organizations, public associations, and conglomerates.
He highlights, "The surge in demand for consultancy services is due to the industry's focus on technology, aiming to bring efficient solutions to complex projects, especially to address the perplexing challenges brought forth by the COVID-19 pandemic. Today, organizations, including hospitals and pharmaceutical companies, are increasingly prioritizing efficiency and productivity. These factors are contributing to the remarkable growth of the healthcare consultancy market.
Dr. Oakgar Kyaw notes the increased awareness of technology's role in healthcare is driving the need for expert consultancy in this area. Post-pandemic, the healthcare industry is aligning itself with the global trend of value-based healthcare.
Additionally, the complexities of project management, particularly in the implementation of electronic medical records, prove the indispensable role of consultancy services. He remarks, “Consultancy is crucial in guiding healthcare providers to embrace a patient-centric approach. It helps then cultivate an approach that is both cost-effective and builds a mindset to deliver high-quality care; which will ultimately bring success as well.
Addressing Challenges with Strategic Solutions & Transformative Leadership
Despite the growth and advancements, the industry is facing substantial challenges. From addressing shortages in healthcare professionals globally to tackling the aging population and rising chronic diseases, the challenges are vast. Dr. Oakgar Kyaw says that some strategic solutions to these issues involve systematic manpower planning, overseas training, and proactive health education. “Our commitment is to contribute to a healthier future, overcoming challenges through dynamic solutions and continuous improvement”, he shares.
Dr. Oakgar Kyaw's leadership philosophy can be summed in two words, i.e., transformation and resilience. As a transformational leader, he embraces change management and dynamic leadership styles. His democratic approach, coupled with an ability to make agile decisions when required, reflects a balanced and adaptive leadership style. The CEO advocates for surrounding oneself with positive-minded individuals, emphasizing the importance of teamwork and collective decision-making.
In the pursuit of elevating healthcare standards, Dr. Oakgar Kyaw is unwaveringly dedicated to steering positive changes that resonate throughout Myanmar's healthcare ecosystem, charting a course towards a healthier, more resilient future for all
In his role as a member of the Myanmar Private Hospitals Association, he actively contributes to elevating private healthcare standards nationally. His responsibility is to act as a bridge between the community and the government, focusing on collaborative efforts to address challenges and implement guidelines.
Undoubtedly, Dr. Oakgar Kyaw faces one of the most challenging times in the role of a CEO at Mandalar Hospital, dealing with the issue of a human resource shortage. The challenge is even more intense due to the forthcoming expansion plans of launching three new hospitals in the coming years. To effectively address this challenge, his approach involves selective recruitment, overseas training, and fostering a culture centered on continuous learning and development. This comprehensive strategy aims not only to attract and retain competent healthcare professionals but also to empower the clinical teams for Mandalar Healthcare Group's growth.
Advice to Aspiring Industry Leaders
Reflecting on his experiences, Dr. Oakgar encourages young leaders to follow their passion, take calculated risks, and be well-prepared for emergency plans. He underlines the importance of positive energy and surrounding oneself with like-minded individuals. Moreover, advocates for a balanced approach to leadership; incorporating democratic decision-making and dynamic leadership styles based on the situation.
Dr. Oakgar Kyaw, Group CEO
Dr. Oakgar, Group CEO of Mandalar Healthcare Group plays a key role in shaping healthcare standards in Myanmar. Leading Mandalar Healthcare Group, he focuses on sustainability and patient-centric care. He is committed to providing cutting-edge medical services, balancing business growth and environmental responsibility. His leadership style includes elements of transformational, democratic, and autocratic approaches, adapting to the dynamic demands of the healthcare industry.
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