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Crafting and Executing Winning Strategies: Insights from CUHK EMBA Class of 2024’s Learning Journey

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From group photo with masks to f2f live class without masks. Mission in action now! Our CUHK EMBA CLASS of 2024 has just started 9 months ago. I met our new students first time (with masks on) in our program called Residence Week back then. It was a fruitful orientation week for all of us. Last weekend, I was very pleased to meet them (without masks and with smiles) again.

Our students are taking our course called “Crafting and Executing Winning Strategies” jointly developed and taught by Dr. Gilbert Cheung, Professor Pong Yuen, Howard Lam and myself. Our objective is to empower our EMBA students to become strategic leaders. It is easier said then done to be a strategic leader. Are you a strategic leader? Does your company have a strategy? Why bother? Why Strategy failed? Or Do you really know what is Strategy? More to be explored in our learning journey.

Apart from our experience, we also leverage on our networks to invite the best strategic leaders in Hong Kong and the region to share their practical experience on strategic management.

My first guest speaker was Susanna Wong, CEO of YATA. We are so grateful to have Susanna to share her experience in #YATA, #SHK and #Mckinsey with us. Her sharing was really insightful, inspiring, impactful and practical as well. She discussed the challenging dilemmas that we always faced in practicing strategies like Stubborn vs Persistence, Change vs Plan, Financial Pressure vs Long-term Goal, Top Down or Bottom up, Communication vs Interpretation, Good Strategy vs Bad Strategy, and more.

We did have a good start of our “Crafting and Executing Winning Strategies” course in the last weekend. Our students started with some doubts on why we need to take Strategy seriously and now they are keen on digging wider and deeper on Strategy to master it. More to come in the next 3 months as the course continues. Stay tuned.

#Strategy #StrategicThinking #StrategicManagement
#Change #ChangeManagement
#CUHKEMBA CUHK EMBA CUHK Business School

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Casual

Refreshed and Updated: Insights from Completing the Oxford Executive Strategy Programme

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Pleased to take the well-designed Oxford Executive Strategy Programme organized by the Saïd Business School, University of Oxford, in the last two months.
https://lnkd.in/gi6sfztr

It was not easy for me as lots of trips, meetings, trainings, talks, etc., after the pandemic. Also, the programme was quite demanding as well in terms of assignments, group discussions with fellow students around the globe and time required. Grateful that I could hang in there to complete it successfully, gained the passing grade and received the certificate.

I have been practicing and teaching business strategy and digital strategy for decades. Why did I take this programme? Well, besides refreshing and updating with the latest strategies, I was just curious how the University of Oxford was different from what I used to learn from the leading universities in the US like #MIT, #Harvard and Asia like #CUHK, #CEIBS.

I am glad that I took it as this programme gave me another perspective in a very structured way around their 4 Ps framework: Purposes, Players, Partnerships and Processes. Learned a lot from Professor Richard Whittington, Professor Trudi Lang and the renowned guest speakers.

My key takeaways are

1. While we are all overwhelmed by digital innovation like #AI e.g. #ChatGPT, every leader including digital leader, in #corporates or #startups, needs to be a great strategist no matter how advanced technology is and will go.

2. #GoodStrategy will empower the leaders to leverage on #innovation and #technology to optimize the performance of their businesses or ventures. #BadStrategy will kill a business even they got rocket science.

3. People worry these days that AI will replace human soon. While it might be true one day, if we can be strategic, innovative and creative, customer-centric amd empathetic, data literate and entrepreneurial enough, I believe we will be the last to be replaced. Keep our fingers crossed🤞😄.

4. If digital leaders can make use of those 4Ps, they can acheive enough more in their career and make better impact to their companies and societies.

Will share more about my insights in my upcoming CUHK EMBA Strategy course starting next week. See you soon, my fellow students.

#Strategy #Strategist #StrategicThinking
#CorporateStrategy #BusinessStrategy #DigitalStrategy
#Oxford #Saïd
Saïd Business School, University of Oxford
英國牛津大學
#CUHKEMBA CUHK EMBA
#CUHK CUHK Business School

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Industry

Exploring Digital Strategies for a Leading Veterinary Group in Asia: Lunch Discussion with Alan Lai

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Grateful to have a lunch discussion with a passionate and entrepreneurial leader, Alan Lai. Alan is the Group CEO of the Pet Space Group, a leading veterinary group in Asia. I love their #Medutainment strategy. He is also one of our elite CUHK EMBA alumni and my learning partner in CityU DBA. Our roads are crossing in multiple dimensions #有緣。

When we met last time in one of the CUHK 60th Anniversary events in HKJC, we touched based on the potential opportunities for a traditional pet veterinary group in the digital economy. That was why we had this lunch to explore further on potential strategies for the group like platform strategy and data monetization strategy.

Look forward to having a few more rounds of discussion with Alan. His business has lots of potential if Alan can have a right digital strategy.

#Strategy #DigitalStrategy
#DigitalEconomy
#Platform #Data #DataMonetization
CUHK EMBA #CUHKEMBA
#CityUDBA 香港城市大學

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Latest Events

(Hong Kong) The East Meets The West

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The East Meets The West. Our #CUHKEMBA fellow students really experienced it in the last few weekends. Morning on digital and afternoon on Chinese wisdom.

I taught about corporate innovation and digital strategy. Most of today’s digital innovation and strategy wisdom and experience were rooted mainly from the US. Professor Sin #冼日明 taught about traditional Chinese wisdom #易經 that was originated from China. That’s the best of Hong Kong where we can make use of the best wisdom of both worlds. We have been doing our best to bring out the synergistic power of the East and the West.

Thanks for Professor Andrew Chan and Pong Yuen, Howard Lam of #CUHK #CUHKEMBA CUHK Business School CUHK EMBA to make these happened from the very beginning till now.

More details about the classes just over the last few weekends can be found here. Hope to see you soon in our classes and/or other occasions in our ecosystem.

https://lnkd.in/g4sm6Pne

https://lnkd.in/gfX9mXKe

#EastMeetsWest
#Strategy
#DigitalStrategy
#Innovation
#CorporateInnovation
#DigitalTransformation

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Activities

(Mainland China) Great Learning Attitude

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Just finished a 2 days intensive class on “Strategic Management * Digital Transformation” for a group of elite executives in mainland China. Really appreciate their great learning attitude.

In particular, the excellent quote that one of my students showed in her photo – “今天不学习，明天变垃圾”. It means that, “If we don’t learn today, we will become garbage tomorrow.”

Though I had to conduct the class on Zoom from Hong Kong, all my students gathered physically in Shenzhen and engaged well with me. It worked fine and was much better for individual student to login in Zoom separately. You may want to try this setting.

Excellent teaching and learning experience in this weekend. Thank you so much for my students’ active participation and the amazing technologies.

#LearningAttitude
#StrategicManagement
#DigitalTransformation
#Strategy
#CorporateInnovation
#ICB

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Upcoming & Past Training

(Shenzhen) CUHK EMBA Programme

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What a rewarding 4 days together with my #CUHK #EMBA students! I took them through a very timely and critical intensive training on #innovation #strategy & #management. Our students are all senior executives from mainland #China including traditional companies and tech giants.

I have invited 4 guest speakers to share their corporate innovation experience with us. Thanks Eric Hui #ZurichInsurance, Charles Lam #Fubon, Akina Ho #GreatEagle and Damien Ko #G2000. Their sharings were insightful & practical. We all learned a lot from them. Thank you.

I used a few inspirational cases as the core for my class, such as, #Disney, #Netflix, #Marriott, #Airbnb, #Adobe, #PingAn, #Haier, #Philips, #Samsung, #Booking.com, #3M, #Amazon, #Alibaba, #Advantech, #Walesgreen, etc.

Though we had to use Zoom for the training, the class participation from our students on our case discussion was no less than a #f2f class. Really impressed by the quality of my students’ questions, analysis, debates & suggestions. Thank you.

My students had a nice dinner in Shenzhen with lots of joy after the 4 days class. They were well deserved it. Hope to join them next time when there is no quarantine needed.

Happy Father’s Day for everyone!

#CUHKEMBA #Intrapreneurship #CorporateInnovation #Ecosystem

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Training

(Hong Kong) “The Power Duo of AI & Big Data” Programme in CUHK

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In today’s #DigitalEconomy, executives & professionals have a sense of urgency to master “The Power Duo of AI & Big Data”. In the last 2 days, I delivered an executive class on this. I am so grateful to have a class of highly-engaged students across industries. We had fruitful discussion on the opportunities & challenges of #AI & #BigData. Thanks to my fellow students.

My career journey has been highly related to data from my 1st job in #SiliconValley #Informix #RDBMS to later #BI, #DW #BigData & #AI. My key takeaway from this journey is not just technology but also how to make use of data to create value for our customers & capture value for our companies.

The students learned about applications & technologies of AI, #MachineLearning & Big Data through cases #Airbnb, #StitchFix #Lemonade #SquirrelAI #Linkedin #Uber #MasterCard.

Big thanks to Jade Tin Hei Lee from #ChowTaiFook and Calvin Cheng, CFA from #Wizpresso to share their experience with our students from a traditional company and a startup perspective respectively.

The Power Duo of AI & Big Data is a module of #CUHK #Digital #Leadership Series Program. #Platform #Strategy is another module. We launched it a few weeks ago as well.
https://lnkd.in/gDWxx4X

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Activities

(SH, China) Strategy for Traditional Companies in Digital Economy

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“Banking is necessary but banks are not” ( quote from Bill Gates ) is not just applied for the incumbents in banking industry but all leaders in traditional industries. Traditional companies are facing unprecedented challenges from 4 major forces in the Digital Economy. Many of them will not survive if they don’t act now & don’t do it right. Last week in Shanghai, I have shared my experience gained from consulting large incumbents & cultivating innovative startups. We talked about these 4 key types of competitors for traditional companies: 1. Tech Giants Amazon Alibaba 2. Unicorns Gogovan Klook 3. Traditional companies from other industries with great digital capabilities to cross over to your industry Volkswagon getting into insurance 4. Companies in your same industry but with better digital capabilities than you Strategy that we learned from Business School, MBA and EMBA still matters but may not be good enough to empower leaders to win & even survive in the Digital Age. We talked about how to formulate Digital Strategy, cultivate a Digital Workforce & work with Digital Colleague around us. More importantly, how to innovate & collaborate with startups. Will deliver this talk in Tsingtao, Taiwan, Malaysia & more Asia’s cities in the next few months. CU.

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