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Finally completed the “Data Monetization Strategy: Creating Value Through Data” program organized by MIT Sloan School of Management 美國麻省理工大學斯隆商學院. It was one of the best data strategy programs in the recent few years. Even I have solid experience and background on AI and Big Data, I found that this program provides very relevant practices to monetize our data asset.

Big thanks to Dr. Barb Wixom‘s sharing and effort to put together this insightful program for us. My classmates or learning partners were from all over the world but we have a common goal to find the best way to monetize data. We formed a cross-country, cross-company and cross-function community and had lots of forums in the program to exchange views on relevant topics. That was one of the best parts in the program.

The course was not that easy as we might think of. It took me a few months to go through a series of modules and assignments. However, it is worth spending effort on this course out of my already-packed schedule.

The program had quite strict requirement to grant the certification to the participants and really tested my knowledge and persistence. My drive is that we are not just learning a new technology. To stay relevant in today’s digitally-disruptive world, we got to have the mindset to keep learning and innovating. Grateful that I did it and was granted the certificate.

My key takeaway is that it takes more than data and technology to monetize data effectively. Democratizing data literacy to everyone at all business levels and empowering them with data mindset are critical for data monetization success. That is what my team and I at OpenCertHub Academy have been empowering quite a few enterprises in Asia to do so.

If you would like to know more about this MIT program, here is a good video for it https://lnkd.in/gVZcdnuq

Enjoy learning and innovating!

#MIT#MITSlogan
#Data#DataLiteracy#DataStrategy
#DataMonetization#DataAsset
#CitizenDataScientist
#DataCitizen
#AI#BigData#MachineLearning
#OpenCertHubAcademy#OCHA#OpenCertHub
#LifeTimeLearning#Innovation#Technology

Grateful to have Dr. Victor Ng to co-deliver our joint AI for Financial Services course to ICBC (Asia) at CUHK today. Really appreciate the full-day presence of Miss Gao, the Chairman and Executive Director of ICBC(Asia) together with their senior management. That was an excellent Lead-by-Example for all leaders. If you would like to cultivate and change your colleagues, you demonstrate it first. Really appreciate it, Miss Gao.

Dr. Ng and I have designed a Data Literacy Empowerment Programme #DLEP to empower all levels of colleagues in organizations to speak data. Today, I shared about how AI applies to financial services with real cases and examples worldwide while Dr. Ng cultivated the participants on data culture and mindset through experiential exercises. We have been doing it for many enterprises especially banks. What a practical combination to illustrate how leading enterprise is making good use of data to win the hearts of their customers. To know more about DLEP, please visit OpenCertHub Academy www.ochacademy.com.

The most impressive and rewarding part for me and Dr. Ng was the sharing from our students about their findings and suggestions from their team exercises. After we have shared our experiences, our students not only digested the key points well, but also come up with solid suggestions to make changes in ICBC to empower their colleagues to be citizen data scientists and data citizens. More importantly, their own data mindset has changed and they appreciate even more to use data to solve problems. Thanks to all for your effort. Congratulations and welcome aboard to the DLEP journey.

#ICBC #ICBCASIA #CUHK
#OpenCertHubAcademy #OCHA
#DLEP #DataLiteracy #Data
#AI #BigData #MachineLearning
#CitizenDataScientist #DataCitizen

Here you go for our third Mastermind forum this year for Sun Life Hong Kong and its financial advisors. The main theme this time was “Everyone Speaks Data” or “全民「講」數”。The last 2 Mastermind forums can be reviewed here:
https://lnkd.in/g_dAewVp
https://lnkd.in/gnuE3yEf

We aim to inspire and encourage Sun Life colleagues and ecosystem to co-create values for their customers with data. Good panel discussion as well as interaction with the f2f and online audiences.

I am grateful to have experienced AI and data corporate leaders, entrepreneurs and consultants in town as my panel speakers, including Patrick Khong #HASEJacob Wai, FRM, FFA FIPA, FCMA, CSDP, MHKCS, LLM, MBA #DeloitteCalvin Cheng, CFA #Wizpresso and certainly our host Alex Wong #Sunlife. Really appreciate their insightful sharing. Thanks to SunLife Clement Lam Alice ChuckShirley Mak, the supporting team and my CUHK teammates today.

It takes not only IT team effort but also collaboration with data-literate colleagues at all business levels. Senior management’s determination on nurturing a data culture is very important but it is not enough. Pervasive use of data across the enterprise is the key for success. To unlock the values of data, not only IT and Data teams need to do a good job, all others need to see the values of data in their daily jobs and use data as their business language every day.

Hang Seng Bank is a great example and one of the pioneers in Hong Kong to go along this direction. Patrick is leading this change and empowering majority of their workforce on data literacy. They are also nurturing a group of citizen data scientists in different units to act as culture carrier to build, empower and sustain data culture. More here https://lnkd.in/g3PXKFYS.

Jacob and Calvin shared practical approaches to achieve this goal. Alex has also started this journey at Sun Life HK. This direction also aligns well with my vision and experience. My teammates from OpenCertHub Academy and CUHK are supporting quite a few companies in Hong Kong, including Hang Seng Bank, to empower their staff to nurture data culture, mindset and skills. To know more about our Data Literacy Empowerment Programme #DLEP, please check it out here www.ochacademy.com

Look forward to empowering more companies and talents to make smart use of data everyday.

#Sunlife #SunLifeHK #Insurance #InsurTech
#OCH #OCHA #OpenCertHub #CUHK
#DataLiteracy #CitizenDataScientist #DataCitizen
#AI #BigData #Data

Congratulations to OpenCertHub Academy on reaching another key milestone. Apart from onboarding a few influential enterprises to our Data Literacy Empowerment Programme in the last 12 months, we have moved to our new office. Our core team did a soft internal launch on a great “lucky” day with some traditional Chinese ceremony. “Pau Pau” bear also joined us. Thanks Ryan Lai #FoodPanda for the super cute bear.

To cope with higher demand from our clients, we have further expanded our team and office. Appreciate the trust from our customers and partners. Heartfelt thank to my teammates Andy Kwok, Dr. Victor NgFrancois LeeCandi Yeung and many others plus our close partners to make it happen.

My team and I will keep up our effort and passion to empower and upskill more talents on data literacy in Hong Kong as well as #GBA and #ASEAN.

To find out more about our Data Literacy Empowerment Programme or #DLEP, please visit here www.ochacademy.com

If you are interested in our DLEP programme as a client or a partner, please feel free to contact us. Cheers!

#DataLiteracy #Data #AI #BigData
#CitizenDataScientist #DataCitizen
#OpenCertHubAcademy#OpenCertHub
#PauPau

Glad to sit down and have a chance to chat with Simon Chan, the new Chairman of Hong Kong #Cyberport. Simon is an experienced banker and has been contributing to the #innovation and #technology#ecosystem in public and private sectors for decades.

We explored different strategies and best practices in Hong Kong and worldwide innovation and technology hubs. More importantly, we shared how to empower our current and future #startups and #entrepreneurs.

We discussed the trends of #FinTech#MetaVerse#AI#BigData#DigitalTransformation for traditional enterprises and more. I also shard my book #數碼力大提升 with him. It was fruitful and insightful discussion.

Thanks Simon. We look forward to seeing more impactful initiatives from Cyberport to Hong Kong with your leadership. Will be there to collaborate and support.

It was my first-time visit to the Hong Kong Observatory 香港天文台 #HKO headquarters in TST yesterday. It is on the top of a small mountain in the busy TST district. I can see the advanced devices and technologies as well as the 130+ years of legacy in the beautiful and historical buildings there. What a contrast and learning for this trip of mine!

I was invited to share my experience on how to collaborate with the #innovation and #technology #ecosystem to co-create values for customers and more importantly for citizens in Hong Kong. In fact, HKO has been good at making use of science and technologies but also putting emphasis on serving our citizens. I particularly appreciate their mission on “Innovate with Science, Serve with Heart” https://lnkd.in/d9XBB65J. I am impressed by what they have been doing for our citizens. Thank you.

I have shared how we can make use of data to understand the voice of our citizens and the importance of everyone in HKO to speak the language of data so they can solve the pain points of our citizens even better. Through most of the HKO colleagues are engineering background, they also recognized and agreed enhancing their data literacy with right data mindset and skills to understand citizens and solve customers pain points are very crucial for their success.

Thank you so much for Dr. Cheng, Director of HKO, his top management and staff participating in my sharing. In particular, thanks for their meaningful questions and ideas exchanges as well. Appreciate Justine Tang and #PolyU Research Institute for AI of Things #RIAoT to facilitate this sharing session.

#AI #BigData #Data
#DataLiteracy #DataMindSet

Another bright day today. Apart from the sunny sky today, we did have a fruitful forum with the bright minds from the AI industry and bright talents from the China Everbright Bank Hong Kong Branch #CEBHK. It is a part of our Data Literacy Empowerment Programme #DLEP for CEBHK organized by OpenCertHub Academy #OCHA and Hong Kong Institute of Bankers #HKIB.

Appreciate the valuable insights and experience sharing from our guest speakers. It includes Ken Shih#Saxo#SaxoMarketsCalvin Cheng, CFA#Wizpresso, Daniel Ling #OneConnect, and Edwin Hui#Capco. CEBHK’s C-suite together with their colleagues have actively participated our panel in their beautiful collaborative space. Thank you so much for the full support from Nancy Wu, Fanny Chan, their CEBHK’s C-suite and teammates. Also grateful to have my teammates from OpenCertHub and OpenCertHub Academy for their great effort behind the scene to make this forum an impactful one.

We went through a number of practical use cases, shared some key challenges, explored how to justify investment on AI in financial services. More importantly, how to nurture a data mindset and culture across the banks. It means from top management to all levels of colleagues have to be engaged and use data everyday.

In fact, MIT Slogan has a new article just published in May 2022. The core message is that Data is a team sport and the entire organization is the team. This requires data democratization, the idea that data should be in the hands of every employee.
https://lnkd.in/diqnCF4u. This echoes what we talked about today as well as what my team at OpenCertHub Academy is believing in. We aim to empower employees of an organization at all levels with data literacy. Through the collaboration between the data-literate colleagues from different business units and data experts, their organizations will be able to stay ahead of their competition by unblocking more values from data.

I was impressed by the way Nancy Wu, the Deputy CEO of CEBHK, engaged with us and her colleagues today. Here is how she summarized what she learned today from the forum. Her 3 key takeaways today are.
1. Ecosystem
2. Co-creation
3. Roadmap

With Nancy’s leadership, I am confident that we can effectively empower her teammates with the right data mindset and skills to grow and stay ahead of their competition in the AI Era.

#AI#BigData#DataLiteracy
#DataMindset#DataCulture
#FinancialServices#Banking
#DLEP#OpenCertHub#OpenCertHubAcademy

Feel great to be back to real f2f activity to resume our Data Literacy Empowerment Programme #DLEP for the China Everbright Bank Hong Kong Branch. Thanks for the support and trust from Fanny Chan and her teammates from #CEBHK.
https://lnkd.in/ghYXyJgY

We are so grateful to collaborate with the Hong Kong Institute of Bankers #HKIB to empower and upskill CEBHK colleagues in CEBHK’s digital tranformation journey of becoming a leading data-driven bank.

OpenCertHub Academy and HKIB are joining hands to empower banks in Hong Kong with data literacy to stay competitive and relevant in the digital economy through our flagship Data Literacy Empowerment Programme https://lnkd.in/gi6y9mJE. DLEP aims to democratize data literacy to everyone at all levels with data literacy. CEBHK is one of the great examples on our joint effort.
https://lnkd.in/g_WkmpSW

Thanks for the great effort from my OpenCertHub Academy and HKIB teammates.

#OpenCertHubAcademy #OpenCertHub
#DataLiteracy #DLEP
#DataMindSet #DataCulture
#AI #BigData #Data #DataScience #MachineLearning
#CitizenDataScientist #DataCitizen

Today is a bright day with a sunny and clear sky. What a great day to kick off our collaborative partnership with The Hong Kong Institute of Bankers! OpenCertHub Academy (#OCHA) and The Hong Kong Institute of Bankers (#HKIB) are joining hands to upskill the data literacy of the executives and practitioners in the #Banking industry.

#Data is one of the most important assets for leading enterprises in today’s #DigitalEconomy. For #FinancialServices, data is the “new gold” or one of the most important assets these days. To unleash the power of data in the banking industry, everyone needs to speak data and treat it as their second business language.

Just having a core team of data scientists is not good enough to fully unleash the business values of data for banks. We are seeing that a few major international and local #banks are empowering the majority of their workforce on data literacy. They aim to embed a data mindset and skills with every possible colleague so that they can make use of data in their daily jobs. They also empower colleagues to communicate effectively and regularly with their data and IT teammates to come up with better and better analytics and data sources.

The prime objective of the “Data Literacy Empowerment Programme”, the flagship programme of OpenCertHub Academy (OCHA), is to democratize data literacy to everyone in a company so that they can seize the opportunities from data monetization and solve business problems with data analytics on daily basis.

The Hong Kong Institute of Bankers (HKIB) is one of the major institutes to provide training and certification services to the banking community in Hong Kong. Together, OCHA and HKIB aim to contribute to the growth of data talents in the banking community and enhance the competitiveness of the banking industry in Hong Kong through the pervasive use of data. Appreciate the leadership and trust from HKIB’s Carrie Leung and Philip Kam, and the great support from their teammates, and certainly my OCHA’s teammates Andy Kwok, Dr. Victor NgPatrick TsoiCandi Yeung and more. We look forward to collaborating with HKIB to co-creating values for the growth of #FinTech in Hong Kong.

If you are interested to find out more, please visit OCHA website https://lnkd.in/gi6y9mJE or contact OCHA and HKIB for more.

#DataLiteracyEmpowermentProgramme#DLEP
#HongKongInstituteOfBankers#Bank
#OpenCertHubAcademy#OpenCertHub#OCH
#DataLiteracy#DataMindSet#DataCulture
#AI#BigData#MachineLearning
#DataCitizen#CitizenDataScientist#DataScientist

I am so grateful to complete my first series of chats with leaders across industries on #DATA in our programme #ToaSirDataTalk#ToaSir講數 in the past few months.

Topics that we talked about:

1. #AI#BigData and #MachineLearning#ML strategies and applications in #Retail#SupplyChain#Engineering#Telecom and #Hospitality.

2. Business models and data monetization

3. Data leadership, culture and mindset across the organization

4. Challenges on culture, organization, ROI, technology, talents, and data governance, data security and privacy, and practical experience to tackle these problems

5. Upskilling colleagues across organization to speak data as second business language (democratize #DataLiteracy to business at all levels)

6. Data talents acquisition, cultivation and retention

Would you like to learn from them? You can now not just #WFH but also #LFH#LearnFromHome. Here you go! You can watch them in #ToaSirDataTalk official website www.ToaSirDataTalk.com.

Thanks again to my guests Dr. Ricky Tsui#ARUPAnna Lin#GS1HKSusanna Chiu#BonjourDaniel Kwong former #CITICTelecom, and Michael Yung#Google. Appreciate support from my teammates from #OpenCertHub#OpenCertHubAcademyAndy KwokEric Luo#HKPC#HKPCAcademyKaren F.Marius Chow, and the production crew🙏👍👏. Great team work!

*** In the MAKING: We have started another series of “Toa Sir Data Talk” with business, innovation and data leaders, e.g. CEO, Chief Data Officer, Chief Digital Officer #CDO, Chief Innovation Officer, Chief Information Officer #CIO#DataScientist, etc. If you are interested to share your data stories, please let me know.