It is a challenging time for any industry leaders in the #DigitalAge when they are competing with new digital leaders instead of traditional rivals.
How to transform a 90 years old company to sustain their industry #leadership & seize the emerging opportunities from the #DigitalEconomy was the main theme that 80+ senior managers across different regions & functions of #ChowTaiFook #Jewellery Group https://lnkd.in/eAxk8iV & I discussed through both Zoom and in person today.
Chow Tai Fook has a great #culture of #innovation in the #NewRetail industry such as award winning #TMark, #SmartTray, etc. but we all agreed that a lot more can be learned from the #techgiants, #unicorns #startups and other industry #innovators. We explored several potential #businessmodels that could bring in asset-light businesses driven by #platform and #bigdata to the group. We also talked about the best practices of corporate #intrapreneurship such as #LeanStartup, #OpenInnovation, etc.
Appreciate that the participants actively engaged & shared their views. We did have a fruitful discussion. I learned a lot from all of them as well. Thanks for the leadership from MD Kent Wong https://lnkd.in/e2kJmHS & Bobby Liu Quentin Wong Flora Ho Jessica Tam Vicky Chiu & all who participated today.
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