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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.

Digital Leadership Training Series:
The Power Duo of AI & Big Data

 

數字領導力培訓系列:
「數字經濟的雙引擎:人工智能與大數據」課程

WHAT IS THE POWER DUO OF AI & BIG DATA?  

Artificial Intelligence (AI) is only possible with big data, because we need a tremendous amount of data to “teach” or “train” AI systems. As its name suggests, AI has a form of intelligence of its own. It figures out which rules to follow based on the data that we feed them.

An AI application doesn’t just do what it’s been programmed to do. AI can go further than that. It responds to changing information and makes adjustment based on what it learns as it goes along. AI differs from supercomputers and other systems with powerful computing capabilities in one important way. AI systems are capable of not just computing, but actual learning — machine learning. The more data you give these machine learning networks and the more computational capability you give them, the better the result becomes because the results of previous machine-learning exercises can be fed back into the algorithms.

ASEAN countries are ramping up to seize the AI and BigData opportunities. For instance, according to a latest IDC report, AI will nearly DOUBLE the rate of INNOVATION in MALAYSIA by 2021. https://lnkd.in/fm_kaXS.  A strong demand of AI and Big Data technical and business talents are there in ASEAN.  OpenCertHub www.opencerthub.com has launched its partnership program in  KL on Sep 24,  2019 to collaborate with training institutes, universities, consulting firms, government agencies, recruitment firms, etc., to authenticate and certify AI and Big Data talents. We received great responses from Malaysia’s AI and Big Data ecosystem and have already moved forward with key partners in KL. Special thanks to MD of  KnowledgeSociety Selva Nagappan, Senior Data Scientist of MDEC ADAX Dr. Poo Kuan Hoong, GAIN Global AI Network in Malaysia and Pauline Goh from InvestKL for their support. We are also working on other ASEAN countries especially Singapore , Thailandand Vietnam. If you were in the AI and Big Data ecosystem of these countries, we are happy to collaborate with you. Cheers.

Apart from GreaterBayArea, SouthEastAsia is another uprising region in the vibrant Asia. We are both ramping up our talents to prepare for AI & BigData Era. The Mission of OpenCertHub is to democratize data literacy and capabilities to everyone so that we are ready to take up new jobs created by AI instead of being replaced. We need not just DataScientist but also CitizenDataScientist. “Reskill Everyone for the Unprecedented DataEconomy” is the main theme of our upcoming workshop in KualaLumpur Malaysia on Sep 24 pm. It is our honour to co-organize it with GAIN Global Artificial Intelligence Network in Malaysia. It is a conjunction with the NextBigTech Asia 2019 conference organized by MDEC in KL last week. https://lnkd.in/frzHw3n We welcome partners and enterprises to join us to explore how we can collaborate to furthur strengthen the Data Economy in Malaysia. Please see the details on the poster below and the QR code for registration details. We will continue collaborating with SE Asia’s AI and big data ecosystem. See you soon. To learn more about the concept of the big data democratization, please read one of my interviews on the capacity of the Chairman of OpenCertHub. “Data Quotient”​ (DQ) – New Competence in the Digital Age https://lnkd.in/fwqbUff

China Human Capital Forum 2019 was successfully held in Yantai 烟台 in TsingTao China. 1,000+ CEO and HR professionals joined the forum. Keynote speakers were experts in digital transformation, future workforce, digital leadership, etc. It was my honour to be one of them to share my experience on #DigitalStrategy for Traditional Enterprise. Lesson learned is that there is an urgency to #Reskill our colleagues in the AI Era. CEO and HR of leading enterprises are well aware of the storm of #DigitalDisruption. They are proactively reskilling their colleagues to best capitalize what digital can offer them. One example is #AIAugmentation  #人智 where human work with  robots to gain competitive advantages over the laggards. These companies have created new AI positions and retrain their staff on AI BigData and DataQuotient to take up these new jobs. Have we reskilled yet?

From their National BigData Analytics Framework to now NationalAI Framework, Malaysia MDEC has been proactively to transform their country to be a DataEconomy. I have participated in their largest AI & Big Data Annual Conference nextbigtechasia https://lnkd.in/ezEXEbr On behalf of OpenCertHub, I was glad to have a chat with the MDEC CEO Surina Shukri and Head of Data Economy Dr. Karl Ng there to see how we can collaborate to cultivate a platform to authenticate and certify AI and Big Data talents to fuel the rapid growth of the data economy in Malaysia. I also shared our experience in Hong Kong and mainland China on how we collaborate with the training institutes, universities, corporates, AI & big data companies & experts, recruitment professionals to nurture AI & big data talents. Our common mission is to democratize data literacy to the mass. AI is going to replace a lot of jobs but at the same create a lot of new jobs. Business leaders and professionals, not just IT guys, need to reskill ourselves on data capabilities in order to grow with the data-driven digitaleconomy.  CitizenDataScientist is the way to go. For more, please visit www.opencerthub.com. Really glad to have met many great partners and clients who are interested to collaborate with us.

Towngas is a great learning organization with open culture to keep their teams innovative in the Digital Economy. They have been organizing Techtalks regularly on topics like IOT AI 5G MachineLearning to educate their colleagues at all levels updated on Innovation. They made use of lunch time & Skype to make these available to most staff in different locations. Great effort there. It was my honour to share my experience on BigData with them. Thanks for GM of Corporate IT Susanna Shen inviting me for such a great sharing session. We talked about a few key innovations to make use of big data including Philips,  Michelin, Siemens, Amazon and Alibaba. I use life examples to make this topic understandable to audiences with different backgrounds. I believe it is the key as TechTaks do not have to be RocketScience. Rather, it should bring out how technology relates to what the audiences care like customer experience. Everyone needs to be Citizen Data Scientist and high DataQuotient to make intelligent use of data to compete in today’s digital world. We also discuss Preventive Maintenance on stoves, pipes, Smart Meters to do Smart City AlgorithmaticTrading.  Great to have the discussion to trigger more inspirations. Keep it going TownGas to create more values to us. Thank you.

Digital Transformation for SME is very critical for small to medium-sized companies in Hong Kong and many cities in  Asia to operate, compete and survive in the ever-changing digital world. from Metro Radio & I have been doing a series of chats with innovative start-ups and large companies in Hong Kong to tap into their minds and how they help SME to transform digitally. You can listen to the program 智識做老闆 from this link: https://lnkd.in/fvCkxmT

Jul 27 HSBC Daniel Chan Support SME Digitalization

Jul 20  Backers Damien Ng Match  innovators with  retailers

Jul 13  Raspect Harris Sun Use  AI to inspect buildings & roads

Jul 6  Quikec Peter Li Use AI to do QA & QC for  manufacturing

Jun 29  LivelyImpact Ivan Ng Leverage BigData to do smart advertising

Jun 22 theAnswr Edmund Lee Democratize Big Data Analytics to the mass

Jun 15 Posify Make online & offline O2O retailers to do business easier

Jun 8 CryptoBlk Duncan Wong Apply blockchain in the real world

Jun 1 OpenCertHub Dr. CHARM Toa Build startups ecosystem Certify Big Data & AI talents

Let me know if you would like to know more how Digital Innovation can empower your businesses & operations. Thanks Christine Lam & all of guests to share their valuable experiences with us.

It was my honour to participate in the 1st time ever CUHK GlobalAlumniForum in CUHKBusinessSchool today. https://lnkd.in/fWM3hwK

The forum started with a welcome remarks by Prof. Rocky S. Tuan, Vice-Chancellor & President of CUHK and Kalok Chan Prof. Kalok Chan, Dean of CUHK Business School.

A few hundreds of CUHK Business School students & alumni all over the world joined it today. We explored how business leaders could continue to lead in the increasingly chaotic times across the globe.

Leaders like Cindy Chow from Alibaba, Gilly Wong from HKConsumerCouncil, Daisy Cheng from Futurux (1982 CUHKMBA), Gerardo Salandra from Rocketbots, Yesha Sivan from i8Ventures and many others were there to support the forum. Appreciate CUHK colleagues especially Edmond Siu to organize such a great forum.

I had a sharing session on “The Engine of DigitalEconomyAI and BigData“. My key point was that AI is the fuel for the following SIX pillars of Digital Economy: 1. Digital Leadership 2. Cross Border Competition 3. Winning without Traditional Assets 4. Platform is the King 5. The World of Unicorns 6. Smart Back Office

Lastly, I shared how I approach and study AI through 3A (Automation Augmentation Amplification) and 3F (Fun Function Fear). Welcome to our AI journey.

AI BigData HR HumanResources Competence My panel speakers Teddy Liu from New World Group & Viola Lam from Find Solution AI and I had a very fruitful discussion at the Greater China Talent Management Summit 2019 today https://lnkd.in/fRPfie2. Thanks for Dr Fanny Chan EdD 陳筱芬 & her teammates to organize this forum.

Our panel topic today was “Reengineering Work in the Age of AI”. You may download my introductory slides here. https://lnkd.in/fKXCDwJ

According to a recent hashtagPWC study, only 3% of our jobs will be automated by AI by 2020 but the percenage will go up to 30% by 2030. We talked about the role of HR in the AI Era. HR can certainly leverage on AI to do their key functions much more effectively. More importantly, HR is the trusted partner of their colleagues in this unprecedented AI transformation.

A few key takeaways: 1. Culture & mindset change 2. New AI education 3. Besides IQ & EQ, DQ DataQuotient is a must-have competence 4. Embrace young talents & startups 5. Protect customers & employees right, data privacy & security, AI ethics.

My inspiration on AI is 3A & 3F. 3A is Automation, Augmentation & Amplification. Watch these 4 movies & you will see what I mean 3F i.e. “Fun, Function and Fear”. Replicas MinorityReport ExMaChina ImitationGame

I shared my view in an interview conducted in hashtagGS1HK Annual IoT Conference 2019 on how hashtagIOT, hashtagAIOT, hashtag5G and hashtagBigData work together to empower business and technology leaders and professionals with high hashtagDataQuotient or hashtagDQ so that they can lead and compete in the hashtagDigitalEconomy. In the hashtagAI Era, 30% of all current jobs will be automated by AI by 2030 according to hashtagPWC. At the same time, 30% of our workforce in leading enterprises need to be a hashtagCitizenDataScientist according to hashtagGartner. Do you get the logic from these 2 numbers and what does it mean to you? Our view is that DQ will be as equally important as today’s hashtagIQ, hashtagEQ and major language skills, such as, hashtagEnglish, for the success of everyone in our new workplace of Digital Economy. hashtagOpenCertHub‘s mission is to democratize data literacy to the mass and transform the current workforce to be citizen data scientists, data engineers, data scientists and more in open source environment. Find out more here www.opencerthub.com Thanks again for Hong Kong GS1 and Anna Lin Andy Bien leadership for making this happen and empower HK to be a data-drivenSmartCity.

GS1HK 2019 Annual IOT Conference Interview