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Announce the Result of Hong Kong Corporate Innovation Index on Nov 23

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Do you know which companies in Hong Kong are the most innovative ones? More importantly, what can we learn from them? I am so excited to let you know that we are ready to announce the result of our first-ever Hong Kong Corporate Innovation Index CII on Nov 23, 2022.

After more than one-year work on CII, we have identified the most innovative enterprises and SMEs in Hong Kong based on our innovation framework. We will also announce a Composite Index for Corporate Innovation in Hong Kong so that we can compare our improvement in the future years. Don’t miss it. Find out more and register here: https://lnkd.in/dznKapFj

Our aim is not so much on the rankings and awards, but more on identifying the gaps and empowering our Hong Kong companies to innovate more effectively. A series of seminars and workshops will follow. I am so grateful to have the opportunity to contribute to this project as it is impactful, meaningful and influential to Hong Kong competitiveness and sustainable growth.

In the past year, we have done a series of tasks and in fact iterations of tasks, e.g. research, pilot study, interviews, survey, analysis, expert groups, etc., to get these results ready. It was not an easy job as you can imagine. Appreciate all the effort and hard work from our CUHK teammates, all steering committee members, all organizing committee members, all sponsors, all supporting organizations and certainly all the companies who participated in our survey and discussions.

Please join us in the afternoon of Nov 23, 2022 to learn more about corporate innovation. Apart from the CUHK senior management, we will have 2 discussion panels. One is on corporate innovation and another one is on SME innovation. We will talk about the findings from our survey and then discuss with the panelists. They are all ranked high on our Corporate Innovation Index.

HKSAR Government top officials, CUHK management, the top management of the awardees, the key leaders on innovation and technology ecosystem in Hong Kong have confirmed to join the ceremony. Please come to learn from and mingle with them.

#CII #CorporateInnovationIndex
#innovation #CorporateInnovation
#Technology #Ecosystem
#CUHK CUHK Business School
#HKGCC #HKSTP #Cyberport #AWS #IBM #SAP #JETCO #HASE #JardineRestaurantGroup #TradeLink
#CUHKEMBA #CUHKMBA #CUHKMiM
CUHK EMBA CUHK MBA CUHK MiM CUHK MSc in Finance
#SME

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(Hong Kong) Joint Webinar with HKiNEDA for Introducing the Corporate Innovation Framework

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We kicked off our Hong Kong #CorporateInnovationIndex #CII programme last year https://lnkd.in/geGBxEVS. CII is being co-organized by #CUHK and #HKGCC, and has gained full support from #ITF, #HKSTP, #Cyberport and many other leading enterprises, tech leaders and professional associations.

Since then, apart from research and literature review, we have done a series of consultation sessions and pilot studies with industry leaders and practitioners. We are grateful that we have finished the design of our Corporate Innovation Framework. Thank you so much to all those who have contributed to our framework and definitely my teammates at CUHK.

The framework contains 12 factors under three constructs – Resources, Enablers and Value. If you would like to know more about the framework, please let me know. Based on the framework, we have designed a survey to measure the corporate innovation of large companies and SMEs.

We have started introducing the Corporate Innovation Framework and the survey to different associations and companies. Today, we have done a joint webinar with #HKiNEDA for their #INED members. Appreciate their support. We did have a good discussion today. If your associations or companies would like to organize a session to learn about our Corporate Innovation Framework, please let me know.

We have just launched the CII survey and are now collecting data. If you would like to have a health check for the innovativness of your company, I would encourage you to participate the survey. Find out more here https://lnkd.in/gzykEWCF.

It is not just a ranking exercise. Rather, it will give you a good opportunity to discuss about innovation with your colleagues when you are filling up the survey. You will find out and learn more about your company.

We will also provide assessment to you so you know where you are and where to improve. A series of workshops and trainings will be offered then.

Let’s together enhance the innovativeness of our companies, our teams and ourselves.

CUHK Business School
HKiNED 香港獨立非執行董事協會
香港總商會

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Happy New Year 2022

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First of all, I wish all of you have a prosperous, healthy & happy year in 2022. It is time to review 2021 & plan forward.

I was engaged in a few impactful & amazing programs in 2021. I couldn’t have accomplished all these without the trust & support from you all, my partners, friends in the ecosystem & my teammates. Heartfelt thank to all of you. I look forward to collaborating with you even more in 2022 & beyond.

Amazingly, I have done over 120 LinkedIn posts in 2021. It indicated well that our innovation and technology #ecosystem is not just resilient but also vibrant again. To recap 2021, let me share with you my top 12 posts. Really appreciate your support to my sharings posted in the last 12 months.

1. IT PRO Cover Page
Interviewed by IT PRO on my view of the future of HK Innovation & Technology. Thanks to #ITPRO. https://lnkd.in/g3_nWg32

2. 2021 HKICT Awards
It was my honor to be the Chief Judge of the FinTech Award. Thanks to #HKIB & #OGCIO. https://lnkd.in/gYNU9F7T

3. Hong Kong Corporate Innovation Index
Initiated this project as a founding organizing committee member. Thanks to #CUHK #APIB #HKGCC #Cyberport #HKSTP #HASE #AWS #IBM #SAP #JETCO. https://lnkd.in/gsttKHHt

4. 2021 Hong Kong FinTech Week
Moderated an inspirational session on #FinTech #Innovation of incumbent banks. Thanks to #HSBC. https://lnkd.in/gy4nweCj

5. HKPC Innopreneurs Forum Series & #ASEAN Market Development Program
Designed & delivered these programs to empower SMEs & startups on digital transformation & market penetration to ASEAN. Thanks to #HKPC. https://lnkd.in/gHMn3HV

6. #GBA Forum with ASTRI & Sun Life
Moderated two GBA forums with #ASTRI & #SunLife. Thanks to #GBABusinessSchool & #CUHK. https://lnkd.in/geXUkNtq & https://lnkd.in/gKcwZVtk

7. 2021 HKICT Expo
Showcased B4B’s data hackathons & #OpenCertHubAcademy’s Data Literacy Empowerment Program. Thanks to #B4B & #OCH. https://lnkd.in/gZa2iP4W

8. CityU #HKTech300
Engaged as vetting team and mentor for a major entrepreneurship enablement program in HK. Thanks to #CityU. https://lnkd.in/gBBrX9za

9. Launched Data Literacy Empowerment #DLEP Forum in Shanghai Commercial Bank
The forum is a part of our #DataLiteracy Empowerment Program which aims to transform enterprises to be data-driven analytical competitors. Thanks to #OpenCertHub. https://lnkd.in/gAR2-gPy

10. 2021 Hong Kong Book Fair
Launched my book #數碼力大提升 in the 2021 Hong Kong Book Fair. Thanks to #EnrichPublishing. https://lnkd.in/gBsy3_y

11. Toa Sir Data Talk “#ToaSir講數”
Launched a series of talks with leading enterprises on their use of #Data https://lnkd.in/ggvNv8BN

12. Publication of HSBC Business Case
Shared my experience in publishing a case on #HSBC innovation in the world’s leading Case Publisher #IveyPublishing with my CityU DBA alumni & LPs. https://lnkd.in/gdseNXhS

plus another 100+ posts. Isn’t that Amazing! Thankful & grateful to my family & all in my journey. What a memorable year!

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Industry

(Hong Kong) The Hong Kong Corporate Innovation Index Programme

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The Hong Kong Corporate Innovation Index programme #HKCII co-organized by #CUHK and #HKGCC with the support from key industry leaders has been progressing well. We have invited leaders in town to join our pilot study yesterday. More background of the #CorporateInnovationIndex:
https://lnkd.in/giJKk2Au
https://lnkd.in/geP2TCCw

The pilot study aimed to collect feedback from the leaders on the design of our survey which is going to send to hundreds of companies to study their innovation. The preliminary design of the survey was a result from our literature review and direct consultation sessions and focus groups with close to 50 large to small companies. Really thank to the inputs from these participated leaders and executives.

Apart from the discussion with the guests yesterday on the survey design, we also invited Ir. Andrew Young #SinoGroup to share his corporate innovation experience. We had Watson Chan #HKGCC and Professor WM Cheung gave opening speeches. In addition, we had a panel discussion with #startup, well-established enterprise and #SME including Andy Ann #NDN, Horace Chu #Gammon and Mandy Chan #Frutodor. Appreciate for all their valuable sharings.

What’s the next? We will continue to collect feedback from leaders, practitioners and researchers to revise our survey design and finalize the constructs and measures of the survey. Stay tuned!

Big thank to our guests, friends and partners who joined our pilot study yesterday. Eunice Chan Anson Bailey (eMBA) Peter Chan Chris Au Young Teddy Liu Eugene Hsia Chris So Matthew Chan Janssen Chan FCPA (Aust.) Patrick S Lee Dominic Chan and many others. Appreciate the effort and support from our CUHK #APIB and HKGCC teammates.

#Innovation
#CorporateInnovation
#CUHKMBA #CUHKEMBA

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(Hong Kong) Thriving in a Post-Covid Era Thru Innovation

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Great insights from my discussion today with Austin R. Bryan, #CLP and Fred Ngan #Bowtie in the #HKGCC forum on “Thriving in a Post-Covid Era Thru Innovation”. Thanks Victor Lam, Chairman of the Industry & Technology Committee of HKGCC, to host us & moderate the panel discussion. Austin & Fred were on Zoom and Victor & I were in HKGCC.

My key takeaways are:
1. Living with #Ambiguity becomes a new normal. We need to keep innovating in an uncomfortable environment.

2. Sense of #Urgency & lean startup thinking are crucial for innovation but most corporates do not have that.

3. Forget about innovation if we don’t have a clear #StrategicIntent. It could be for customer experience, market share or others.

4. #Culture & #Purpose are the keys to drive innovation instead of revenue & profit.

5. >90% of #Startups fail so always making #Survival as a sense of urgency & doing different things from existing players are very important. Same for #Intrapreneurship.

6. #Diversity of teammates with no domain experience is critical as it will bring out blind spots that are unseen by industry experts.

Thanks HKGCC Simon Ngan & teammates to organize the forum. Find out more about the “HKGCC Hong Kong Awards for Industries: #Innovation & #Creativity” here.
https://lnkd.in/gchTvhv

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(Hong Kong) HKGCC Forum: Thriving in a Post-Covid Era Through Innovation

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I am really pleased to join two innovation leaders and good friends Fred Ngan #Bowtie and Austin R. Bryan, #CLP to share our experience on #Innovation together in #HKGCC on Jul 8 afternoon.

It is one of the events of the “Innovation and Creativity” category of the Hong Kong Awards for Industries. The Awards is a premier business awards scheme championed by the HKSAR Government and the Hong Kong General Chamber of Commerce #HKGCC #香港總商會 is the organiser of the “Innovation and Creativity” category.

Austin is a seasoned corporate leader and has pioneered many successful innovation projects. He will talk about “Can Iconic Companies (old) Innovate? Why do they try? What does it Mean to Innovate?”.

Fred is a serial entrepreneur and has founded a few great #InsurTech #startups. He will talk about “Winning through Digital Innovation”.

I have nurtured quite a few startups. I currently chair, advise and invest in a few emerging startups, and cultivate corporate leaders on #DigitalTransformation and #CorporateInnovation through my training and advisory roles. I will talk about “Digital Transformation: Opportunities and Challenges for Traditional Industries”.

Find out more about this forum here and see you there.
https://lnkd.in/gCnvqv7

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(Hong Kong) Takeaways from Fireside Chat in the Launch of Corporate Innovation Index

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Leaders in Hong Kong shared experience on how corporates can innovate in this challenging time & seize the opportunities in the #DigitalEconomy. It was a fireside chat moderated by Patrick S Lee & I in the launch of Corporate Innovation Index program organized by #CUHK & #HKGCC.

Key takeaways:
1. Corporate innovation is about margin, sustainability & opportunities.

2. Engaging new generation is important for corporate innovation. Reverse mentorship is very effective to empower senior management on innovation.

3. The more challenging time we are in, more innovation we need (not an excuse to give up the priority of innovation)

4. Passion is a key for driving innovation

5. CEO cannot delegate innovation. He or she has to drive it & align with the company’s strategy with it. Bottom up is as equally important as top down.

more…

Grateful to have all these leaders in innovation & technology ecosystem to join the forum and appreciate their active participation. Francis Ngai #IBM, Andrew Ling #SAP, Eugene Hsia #HKSTP, Stella Kwan #Cyberport, Eunice Chan #HangSengBank, Raymond Cheng former C-suite #HSBC, Matthew Chan
#JardineRestaurantGroup, Larry Poon #CUHK & more.

We look forward to collaborating with all to deliver our Corporate Innovation Index for Hong Kong.

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(Hong Kong) Launch of Corporate Innovation Index (CII)

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#Academia, #Corporates, #TechGiants & #Startups are joining hands to establish the first ever #Corporate #Innovation #Index (CII) for Hong Kong.

#CUHK Business School together with #HKGCC supported by #HKSAR #ITC, #Cyberport, #HKSTP, Corporates #HangSengBank, #JETCO, #JardineRestaurantGroup, #TradeLink #Prestique, & Tech Giants #IBM #AWS #SAP, launched the CII project today in HKGCC. https://lnkd.in/eXf44k7

Under Secretary HKSAR ITB David Chung, HKGCC Chairman George Leung, CUHK Business School Dean Professor Lin Zhou, & Professor Wai Man Cheung gave their speeches to support the CII project.

Seasoned corporate leader Patrick S Lee & I led an interactive discussion on corporate innovation with over 40 f2f & many online corporate & tech leaders. The discussion was open & insightful. Here was one that I couldn’t agree more.

Raymond Cheng, the former CIO & COO of HSBC APAC, was here today. He said, “The more difficult time we are in, the more innovation we need.” I believe it said it all for us under the tough time of the Covid-19 & heavy digital disruption across industries & economics.

Appreciate support from Eugene Hsia Stella Kwan Andrew Ling Francis Ngai David Chow Chris So Angus Choi Yvonne Che Eunice Chan Vicky Wong & colleagues from #CUHK & #APIB.

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(Hong Kong) Fireside Chat : Opportunities and Challenges for Corporate Innovation

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Here we go! Corporate Innovation Index for Hong Kong is coming. Most companies are aware of the criticality of #innovation to the growth & even survival of their businesses. However, Corporate Innovation is easier said than done.

#CUHK Business School & #HKGCC with the support from #HKSAR Government Innovation & Technology Commissioner #ITC will build a #CorporateInnovationIndex to empower enterprises & SMEs in HK to improve their innovation mindset & capabilities.

Apart from the survey, we will have assessment tools, a series of seminars & workshops to help companies to improve their innovation. Appreciate to our ecosystem partners’ support #HangSengBank #JETCO #JardineRestaurantGroup #Cyberport #HKSTP #IBM #AWS #SAP #TradeLink #Prestique & more.

Dr. David Chung #ITB Under Secretary will officiate our kickoff ceremony on April 26. Two veterans in #CorporateInnovation & #Entrepreneurship, Dr. CHARM Toa & Patrick S Lee, will have a fireside chat on Corporate Innovation.
1.Why corporate innovation is so challenging?
2.What are the industry best practices to build & sustain corporate innovation success?
3.What can corporate leaders learn from tech start-ups & vice versa?

Learn more about our Corporate Innovation Index & join our fireside chat here.
https://lnkd.in/eXf44k7

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