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DigitalTransformation

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The #CPA Conference 2021: Transcending Together. Grateful to see that #HKiCPA Hong Kong Institute of Certified Public Accountants has successfully organized their #f2f annual conference today.

It was not easy for sure as we were still having lots of challenges under the Covid-19. Thanks for the leadership from Raymond Chung Ching Cheng, President of the HKiCPA, and his teammates like Rosalind Lee, Horace Ma, Jonathan Ng to organize this event and invited me to be one of the panel speakers. Over 200 members joined this inspiring event. Congratulations.

The conference invited great speakers to share their experience. We really learned a lot from Kenny Sham from #LEGO as well as many others like Edwin Morris from #JebsenTeddy Liu. I was impressed how they innovated in the pandemic period. Kenny said that the traffic was dropped from 3,000+ visitors per shop daily down to 3. If you were LEGO, what were you going to do apart from scaling down, cutting cost, etc. They didn’t.

LEGO launched a number of innovative programs like Lego Brick at Home, Cross Girl Virtual Pop-up Store (AR), etc. They performed great in terms of not only sales but also customer engagement, branding, sustainability and staff loyalty. In essence, truly understanding the pains of different customer segments in the pandemic and being able to solve these problems using #innovation and #technology, and the established trust among colleagues made the difference.

I was in another panel on digital transformation. We had experts from the #Accounting and #Finance industry and certainly #DigitalTransformation, including Andrew Lee #EYDickman Chiu from #Bitmex, Michael Chan #Vis and Jeffrey Chan #GrantThornton. We agreed that change management, culture, purpose, collaboration and most importantly people are the key for success in digital transformation.

My final recommendation for the audiences was, rather than worrying about #AI may replace some of their jobs, to proactively #upskill themselves, especially on their #DataLiteracy and empower their companies to transform. In the context of this change, both the company and the finance people will have a chance to learn from the journey especially unleashing the power of #data and monetizing data. That experience will benefit not only the company but also the employees for better career options in the #DigitalEconomy.

Great to meet old and new friends there too Venus Tang (鄧麗華) Francis Fong Mandict Wong Johnson Kong and many others.

The vibrant Hong Kong #Innovation and #Technology #ecosystem is back to normal (well, at least getting close to that) with exciting and impactful activities every day and every week. Really grateful to seeing that happen.

Please join me in the next 2 weeks for a series of exciting events (just a partial list).

AI & Big Data in FinTech Forum
Sep 29, 2021
https://lnkd.in/gH3N-wKp

The 14th CIO Executive Summit 2021 – Hong Kong
Theme: The CIO Imperative in the New Normal: Creating the Ultra-Adaptable Enterprise
Sep 29, 2021
https://lnkd.in/g7tb7728

The CPA Conference 2021: Theme: Transcending Together
Oct 2, 2021
https://lnkd.in/ghc8hBsC

Establishment of Corporate Innovation Index
Theme: Open Forum and Pilot Study
Oct 4, 2021
https://lnkd.in/g-xXf87h
https://lnkd.in/gAfA6c5R

Digital Leadership Series
Theme: Leadership & Workforce Transformation in the Digital Era
Oct 12 and 13, 2021
https://lnkd.in/gTq6KPkf
https://lnkd.in/gRhSrte9

and more.. Stay tuned for my post-event insights and key takeaways.

#CUHK #MIG #VFF
#VirtualFinTechFair #FinStep #NovsphereMedia
#HKiCPA #CPA
#DigitalTransformation
#DigitalWorkforce
#AI #BigData #FinTech
#CorporateInnovation
#CIO #CDO
#Finance #Accounting #Auditing

#DigitalTransformation is a must for almost every large or small company these days. Most of the failure cases of digital transformation is on the soft side of the journey. The soft side includes #leadership#culture#talent and most importantly #ChangeManagement.

I am so grateful to partner with one of the most experienced enterprise transformation leaders in #DigitalEra in Hong Kong, Teddy Liu, to co-create, co-design and co-deliver a course on the soft side of the Digital Transformation. We called the course “Leadership & Workforce Transformation in the Digital Era”. Really appreciate Teddy’s contribution. This course is a part of #CUHK #APIB #DigitalLeadershipSeries designed by a number of #digital experts and myself.

We also invited two top leaders, Stephen Leung #Pfizer and Joe Wan #Tricor in Hong Kong to share their experience in their digital leadership. Special thanks to Stephen and Joe, and look forward to learning from them.

We highly recommend corporate leaders, #HR practitioners, digital transformation professionals, innovation leaders and change agents to join the course. The upcoming class will be on Oct 12 and 13. Be HURRY to enroll if you are interested. More information and enrollment link can be found here.
https://lnkd.in/gTq6KPkf

See you there!
#DigitalWorkForce
#Intrapreneurship
#CorporateInnovation

Really grateful to have an opportunity to discuss with GBA and digitalization experts in Hong Kong as well as mainland China. Thanks for #SAP #HKET #HKPC #GBABusinessSchool jointly organized it.

In particular, I was really pleased that we had my mentoring professor Andrew Chan, the President of the #GBA Business School, to share his views on the development of the GBA region.

Then, we had a panel on #DigitalTransformation in the context of the GBA with 2 of my friends. I firstly talked about the key success factors of digital transformation where customer centricity was the key. Andrew Ling from #SAP shared his experience to manage supply chain under uncertainty. Edmond Lai from #HKPC went through a few examples how #SMEs in Hong Kong to leverage on technologies to seize opportunities and manage challenges in these few years including the pandemic time.

Two leading enterprises from the mainland, #Bosch (China) Investment Ltd. and #Terminexus (Shanghai) Co. Ltd. also shared their digital transformation experience. They were the winners of the Digital Transformation Awards #鼎革獎
https://lnkd.in/gCudiqHx
The award aims to encourage companies in the mainland and Hong Kong to learn from each other on their digital transformation journey.

If you would like to learn from our fruitful discussion, here is the chance. Register this webinar:
Accelerating Digital Transformation of Hong Kong Enterprises at Greater Bay Area
on Sep 20 (Mon) 3pm to 4:45pm HKT.
https://lnkd.in/gpVXNAFg

Thanks for Sandy Yu Helen Lam Amy Mak and many teammates for their great effort behind the scene.

The best way to learn how to seize the opportunities of #BigData and #AI is not just reading books or taking training. Rather, we should learn from the industry leaders and practitioners. #OpenCertHub and I have started a series of experience sharing sessions called “Toa Sir Data Talk” or “Toa Sir講數”.

I will talk to the leaders from major industries in Hong Kong, Mainland and Asia on their journey of #DigitalTransformation. In particular, we will explore how #data empowers digital transformation.

Today, I have talked to Susanna Chiu, ED of #Bonjour #卓悦控股, one of the #NewRetail pioneers in Hong Kong and mainland. Susanna has been an innovator throughout her career from IT Audit, Digital TV to Supply Chain and New Retail. She is always a believer of digital innovation.

We discussed how we can make use of data on #Ecommerce #O2O #KOL #Platform #Ecosystem and more. Seeing Is Believing it. Susanna also walked me through their facilities with lots of new initiatives and fun. We both believe that empowering partners, customers and merchants with the power of data analytics is the key to the success of today’s business in the #DigitalEconomy.

Many thanks to Susanna and her teammates in Bonjour. We will continue talking to influential leaders on Data. Stay tuned for #ToaSirDataTalk and #ToaSir講數 on how you can access to this series of experience sharing.

Really my honour to receive a copy of Professor Andrew Chan latest book from him in person on his well-known “Left-Right Circle” or #LRC #左右圈。Find out more about Professor Chan’s book here.
https://lnkd.in/e-hR5nsX

I was in fact inspired by Professor Chan to write my book #數碼力大提升。 I also talked about the LRC in the context of #DigitalTransformation in my book. What a journey!

Appreciate all your support to my book. The 1st print of my book was sold out. The 2nd print is being reprinted by the publisher #天窗出版社
https://lnkd.in/gN-TJvJ

Thanks Professor Chan for being my inspirational mentor in my journey as well as many #CUHK #CUHKEMBA and #CUHKMBA Alumni and students. I visited his #GBABusinessSchool in July and exchanged ideas on cultivating talents for the #GBA development. I also delivered a copy of my book to him.
https://lnkd.in/e-S6dU7n

The school is another meaningful and impactful chapter for Professor Chan. Wish Professor all the best in his new journey.

It was one of the best forums on #AI and #BigData that I have hosted in the recent years where speakers and participants were highly engaged. Thanks for Shanghai Commercial Bank to invite my team #OpenCertHub to co-organize this forum.

#ShanghaiCommercialBank is one of the major banks in Hong Kong. They are passionate about #DigitalTransformation in particular how to become a AI-first data-driven bank.

I have invited top Hong Kong locally-grown AI #startups, multinational consulting firm and Chinese tech-savvy financial group to share with Shanghai Commercial Bank how they have empowered mid-sized banks in Hong Kong, Mainland China and other major economies in Asia. We have talked through AI technologies, application, adoption, challenges, culture, #ecosystem#data#reskilling#upskilling and more.

More importantly, CEO Mr. David Kwok and Board Member Mr. Sunny Cheung fully supported and engaged with us. They asked sensible questions and encouraged their senior management, middle management and young colleagues to proactively participate and have the courage to innovate. More than 250 staff have joined the forum on site and online as well. We also exchanged ideas through networking sessions.

Really appreciate the trust and support from Mr. Kwok, Mr. Cheung and their senior management. Special thanks to Ken Shih #AqumonCalvin Cheng, CFA #WizpressoMiles Wen (温豪夫) #FanolabsPatrick C.S. Fan #beNoveltyDaniel Ling #OneConnect, and Dick Fong. Also thanks my OpenCertHub teammate Andy Kwok and our team for their effort behind the scene.

Hope mid-sized banks in Asia can ride on AI to stay competitive and relevant in the #DigitalEconomy.

I was impressed by #ICBC Asia in the way how their senior management took #AI#BigData and #FinTech seriously. Usually, most of the senior leaders will only stay for 30 minutes of a training class and will excuse themselves from it. This time was very different.
All their top and senior management, including Chairman and Executive Director, actively participated in my AI and Big Data class. Guess what? They stayed till the very end of my class and actively participated in the whole day.

Really appreciate their leadership to demonstrate and lead by example. Their top management believe that continuous learning is the way to stay relevant and competitive in their financial services industry. By doing it themselves, it brings culture change to their colleagues.

My class today was on the Power Duo of AI and Big Data. It is a part of the Digital Leadership Series that I designed and led for the Asia Pacific Institute of Business #APIB of the #CUHK Business School.

I started my class today with a clear message to the ICBC team that they need to speak one more language on the top of Chinese and English in the digital economy. That is #Data. In order to be a #AIFirst and #DataDriven bank, everyone in the company has to have basic to advanced #DataLiteracy. Reskilling them on data is not an option but a necessity.

We then explained the AI and #MachineLearning technologies, business models and data monetization concepts to them. We also explored new AI applications in #FinancialServices and #DataGovernance with them. “Seeing Is Believing It”. I invited Patrick Tsoi, a veteran in #DataScience to use real data to demonstrate the power of Big Data in financial services. Thank you Patrick, ICBC team and CUHK team.

It is just a good start for the #DigitalTransformation for ICBC Asia. It is a journey and we are happy to contribute along with the team.

Don’t miss this great opportunity to join the annual Dingge Awards (鼎革奖) 2021 (Digital Transformation Awards) co-hosted by The Tsinghua University, Harvard Business Review and SAP China. It is the 1st year for HK companies to join the awards.

Dingge Awards #鼎革奖 will honor and recognize the industry leading enterprises which have excellence in digital transformation in 2021. It is a great platform to exchange experience with leading digital leaders in Hong Kong and mainland China. If you would expand your business and brands to mainland China, it is a good path.

It is my honor to be invited as one of Awards Jury Committee 2021 together with the top business, technology and academic leaders in the Greater China region. Sandy Yu #SAPHK and I have made a video clip to introduce the Awards in the SAPHK’s pretty and collaborative office in #Causewaybay. You are welcome to have a watch here.
https://lnkd.in/gT8TePi

Hurry up! The application deadline is end of Aug 2021. Awards website: https://lnkd.in/gTG5uck

#saphongkong #sapchina #SAP #DigitalTransformation #DigitalLeaders
#TsinghuaUniversity
#HarvardBusinessReview #HBR
Helen Lam Andrew Ling Greg Wong

Amazing f2f panel discussion today with 5 elite digital leaders. Thanks for Ian Chan #OctopusAdrian Toy #GoogleKevin Huang #CarousellRalph Szeto #AIM & Frankie Ng #Shopify.

We discussed 2 key questions.

1. What are the hurdles of #DigitalTransformation?

2. What are the impacts of the pandemic on Digital Transformation?

My key takeaways are:

1. Sense of urgency is critical to drive change including digital tranformation.

2. Great potential of our #Entrepreneurship were unleashed when people have more time with themselves during the pandemic.

3. Culture is key as political and functional silos causing lots of hurdles without alignment.

4. The pandemic drives not only digital adoption of users but also #CustomerExperience #innovation from the providers.

5. Some great visions of the panelist: Carousell wants to make 2nd hand products as people’s first choice. It brings #Sustainability & #SocialImpact to the society while Shopify aims to be the platform of all commerce at all touchpoints instead of just #Ecommerce.

More..

Appreciate CUHK MBA Alumni Association Alexandra Lo, EMBA and Armstrong Lee & #CUHKMBA and #CUHKEMBA colleagues to make this amazing forum possible. Thanks to all f2f and online participants & their active participation. See you next time.