#TECH in #China becomes a hot topic in the West these days. I have conducted an online class on “Emerging TECH in China” to the fellow executive students from one of the top universities in Europe, the #ImperialCollege Imperial College London. It is a part of the one week program of #CUHK The Chinese University of Hong Kong to the Imperial College Business School in #London.
I talked about the Tech landscape, the #startup #ecosystem and #CorporateInnovation in China. I covered hot topics like the foreign market and investment strategy, self-reliance capabilities, #5G, #AI, #Semiconductors, Corporate #intrapreneurship, talents, #GreaterBayArea, #HangSengTechIndex, tech giants returning from #Nasdaq to Hong Kong and Shanghai #StockExchanges, etc.
I used a number of cases like #Baidu, #Alibaba, #Tencent, #ByteDance, #TikTok, #AntFinancial, #SenseTime, #PingAn, #Haier, #Huawei, #BYD, #XiaopengMotors, #Hema, #Xiaomi, #Qihoo360, #SequoiaCapital, #IDGCapital, #MatrixPartners as examples to show the strength and potential risks of China Tech.
The Imperial College’s students showed great interest on this topic, were engaged well and asked lots of sensible questions. I also learned a lot from their views and feedbacks as well. Thank you so much for their active participation.
The world’s top 5 companies are #Platform in terms of Market Cap. They are #Microsoft, #Apple, #Amazon, #Alphabet, #Facebook, not the traditional leaders. Successful unicorns are mainly platforms like #Uber, #Airbnb I have designed a 2 days Platform Strategy & Breakthrough training program for executives to learn & unlock the potentials of platform business models for their companies. The training was done last week. The participants were from #FinancialServices, #Retail, #Telecom. We have discussed a few inspirational cases #Airbnb, #ZBJ, #XFire, #Qihoo, #Dianrong, #Quicken, #Adobe, #Nike, #Hema, etc. The participants learned about the best industry practices of platform like #NetworkEffect, #ChickenAndEgg, #Multihoming, #Disintermediation, #Monetization #Governance, etc. I have also invited Norman Tam from #Tencent & Samuel C.H. Wan from #Stockviva to share their wisdom to design, run, monetize, govern their platforms. It was very useful. To thank them & my students for a fruitful two days, everyone received my book #數碼力大提升 with my autograph. This course is a part of the #DigitalLeadershipSeries for Executive Program that I designed for #CUHK. Other courses include #AI, #Blockchain, #CorporateInnovation, #Entrepreneurship, etc. More here. https://lnkd.in/gZBZmjp
Digital Leadership Training Series:
Emerging Tech & Business Innovation Training Programme
THE ERA OF DIGITAL ECONOMY
Every business is a digital business. Where are we now? Seven of the highest valuated companies in the world are tech companies. What is the secret recipe of their success? These leaders create successful business models one after another based on their customer centricity, innovation, entrepreneurship and collaboration capabilities. What can we learn from the leaders and the laggards? What is likely to be in the next 3 to 5 years? As corporate leaders in the digital economy, we need to master these capabilities in order to be stay relevant and competitive.
“Can traditional enterprises stay competitive in the Age of AI?” & “Can we stay ahead of the curve in the Age of AI?”. These are the two key questions that today’s business leaders, executives & professionals in traditional & even technology companies are asking themselves.
My #CUHK #BusinessSchool #APIB teammates & I have put together a 2 days executive education program “The Power Duo of AI and Big Data”. It aims to answer the 2 key questions above. Find out more here.
The format of the program is a combination of lectures, case studies, group discussion, demo and hands-on, fireside chats with top business executives and AI leaders from corporates, #startups & #SMEs.
“Keep #Learning” or “#Reskilling” is one of the smartest ways to spend our time under the #Covid19. Good news is that this program is supported by the HK government #RTTP scheme. Participants may apply for the funding support & will pay only 1/3 of the fee.
The schedule is set on Aug 19 and 20, 2020. Hopefully it can be delivered in our campus classroom but it is also ready for a hybrid mode of campus and online Zoom. See you there.
#AI #BigData #DigitalTransformation
Digital Leadership Training Series:
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.
WHAT IS THE POWER DUO OF AI & BIG DATA?
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.
Digital Leadership Training Series:
Competing in the Digital Economy: Platform Revolution & Breakthrough Training Programme
What is a platform?
What do these top companies like Alibaba, Amazon, Apple, Facebook, Google, Netflix, Tencent and Ctrip have in common? Apart from being the world’s highest valuated businesses, they are the world’s most influential platforms.
By operating as open ecosystems, companies match suppliers of products, services, or content to consumers, and gain enormous value and market share. These companies, known as multilateral platforms, act as intermediaries, connecting service providers and users to serve users of different needs.
Global FinTech Innovation and Industry Best Practices
Training Program for Macau
Traditional companies can compete well in the DigitalEconomy if they can reskill & empower their employees with BigData capabilities & DataLiteracy. Adsale, a leading exhibition services company in Asia, is a great example.
My team & I have conducted a 2 days big data workshop to Adsale’s 60+ employees from top to middle mgt, from sales to ops. The learning culture of Adsale is what I admired the most. A traditional company has the practice to keep innovating & learning every year, from DesignThinking, to BigData & AI. Big Data is an enabler but an innovative culture is the key for any big data project success. In today’s digital era, every company needs to be DataDriven & every employee needs to be CitizenDataScientist in order to have the right to compete.
We talked about the core concepts, applications, monetization, platform, cases, implementation, challenge, org issues, prioritization, governance & more. I also invited big data startups LivelyImpact ClareAI Luna2 Radica to share their innovations & IT veteran Andrew Ling to share his experience as CIO of several major traditional companies. All these discussions were fruitful & practical.
Thanks to all guests, Adsale’s mgt & their teammates, my partner Ivan Ng for their active participation.
Macau gets into the next decade with great opportunities. It was not said for no reason.
The new government will start on 20 December 2019. It will be led by a great leader Ho Iat-seng who has extensive experience in various industries and a strong relationship with the mainland and Asia. In addition, all casinos are required to renew their licenses by 2022. The policies of the Greater Bay Area from the Central Government will be provided more support to Macau. Portuguese-speaking countries, such as Portugal and Brazil, provide good access to their home markets plus countries in Europe and Latin America. More are being explored like RMB Clearing, Stock Exchange, Green Financing, Smart City, MICE, etc. Certainly, there are challenges to be resolved by the new administration together with the business and academic leaders in Macau.
In the past few years, I have been contributing to the government, business and academic communities in Macau especially on innovation and Technology (FinTech, AI, Big Data, Smart City ), Entrepreneurship, Talent Development, and Training areas.
If you are interested in sharing your knowledge and contributing your expertise with Macau or if you have ideas or plans to leverage these opportunities in Macau, please feel free to contact me for potential collaboration. Let’s nurture Macau to be another great and smart city in the Greater Bay Area and contribute to improving the quality of lives and economy in the region.
Here are some of the snapshot photos taken in my engagement with Macau societies.