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Leaders in Hong Kong shared experience on how corporates can innovate in this challenging time & seize the opportunities in the #DigitalEconomy. It was a fireside chat moderated by Patrick S Lee & I in the launch of Corporate Innovation Index program organized by #CUHK & #HKGCC.

Key takeaways:
1. Corporate innovation is about margin, sustainability & opportunities.

2. Engaging new generation is important for corporate innovation. Reverse mentorship is very effective to empower senior management on innovation.

3. The more challenging time we are in, more innovation we need (not an excuse to give up the priority of innovation)

4. Passion is a key for driving innovation

5. CEO cannot delegate innovation. He or she has to drive it & align with the company’s strategy with it. Bottom up is as equally important as top down.

more…

Grateful to have all these leaders in innovation & technology ecosystem to join the forum and appreciate their active participation. Francis Ngai #IBMAndrew Ling #SAPEugene Hsia #HKSTPStella Kwan #Cyberport, Eunice Chan #HangSengBank, Raymond Cheng former C-suite #HSBCMatthew Chan
#JardineRestaurantGroupLarry Poon #CUHK & more.

We look forward to collaborating with all to deliver our Corporate Innovation Index for Hong Kong.

#Academia#Corporates#TechGiants & #Startups are joining hands to establish the first ever #Corporate #Innovation #Index (CII) for Hong Kong.

#CUHK Business School together with #HKGCC supported by #HKSAR #ITC#Cyberport#HKSTP, Corporates #HangSengBank#JETCO#JardineRestaurantGroup#TradeLink #Prestique, & Tech Giants #IBM #AWS #SAP, launched the CII project today in HKGCC. https://lnkd.in/eXf44k7

Under Secretary HKSAR ITB David Chung, HKGCC Chairman George Leung, CUHK Business School Dean Professor Lin Zhou, & Professor Wai Man Cheung gave their speeches to support the CII project.

Seasoned corporate leader Patrick S Lee & I led an interactive discussion on corporate innovation with over 40 f2f & many online corporate & tech leaders. The discussion was open & insightful. Here was one that I couldn’t agree more.

Raymond Cheng, the former CIO & COO of HSBC APAC, was here today. He said, “The more difficult time we are in, the more innovation we need.” I believe it said it all for us under the tough time of the Covid-19 & heavy digital disruption across industries & economics.

Appreciate support from Eugene Hsia Stella Kwan Andrew Ling Francis Ngai David Chow Chris So Angus Choi Yvonne Che Eunice Chan Vicky Wong & colleagues from #CUHK & #APIB.

Visited the #HKSTP #InnoCell together with Edmund Lee #TIN Chairman and Duncan Chiu #HKITJC Chairman today. #Wow.. It is amazing. It is another milestone for Hong Kong #Innovation and #Technology #Ecosystem. It is much more than a hotel providing accommodation for #startups to stay and live closer to their offices, labs and incubation centres.

The design of the InnoCell is a #collaboration #community with different types of open indoor and outdoor spaces for like minds #entrepreneurs to mingle, brainstorm and co-create values. Really impressive.

Congratulations and thank you to HKSTP to bring this first of its kind to Hong Kong and empower our ecosystem. More about the InnoCell here.
https://lnkd.in/gZdtfss

Here we go! Corporate Innovation Index for Hong Kong is coming. Most companies are aware of the criticality of #innovation to the growth & even survival of their businesses. However, Corporate Innovation is easier said than done.

#CUHK Business School & #HKGCC with the support from #HKSAR Government Innovation & Technology Commissioner #ITC will build a #CorporateInnovationIndex to empower enterprises & SMEs in HK to improve their innovation mindset & capabilities.

Apart from the survey, we will have assessment tools, a series of seminars & workshops to help companies to improve their innovation. Appreciate to our ecosystem partners’ support #HangSengBank #JETCO #JardineRestaurantGroup #Cyberport #HKSTP #IBM #AWS #SAP #TradeLink #Prestique & more.

Dr. David Chung #ITB Under Secretary will officiate our kickoff ceremony on April 26. Two veterans in #CorporateInnovation & #EntrepreneurshipDr. CHARM Toa & Patrick S Lee, will have a fireside chat on Corporate Innovation.
1.Why corporate innovation is so challenging?
2.What are the industry best practices to build & sustain corporate innovation success?
3.What can corporate leaders learn from tech start-ups & vice versa?

Learn more about our Corporate Innovation Index & join our fireside chat here.
https://lnkd.in/eXf44k7

The key for success in the #DigitalEconomy is how we can empower enterprises & #startups to collaborate & get the most out of their cooperation or even coopetition. I have been contributing to this on different capacities in the innovation & technology ecosystem. Advisor, professor, mentor, judge of #hackathon & #competition, investors are some of the examples.

Today, I had another chance to do so through delivering a #CUHK #MiniMBA class on “Emerging Tech & Business Innovation”. More importantly, the participants came from both traditional enterprises and startups. This is a special design for our Mini-MBA in Innovative Leadership. Thanks for #HKSTP to bring a few elite startups from their #LEAP & #Incubation programmes like #beNovelty #Compathnion to join the class today. Also thank to large enterprises like #ICBC #CCB for their active participation today.

I was impressed by the chemistry of bringing these groups together in a class. The #diversity stimulated lots of great interaction. We have gone through concepts & cases on #Innovation#BusinessModels #Reinvention, competitions from #DigitalDisruption#Intrapreneurship.

Appreciate Anvil Ng Samuel Choi Nathan Ng #HKSTP for their support to our Mini MBA programme.
https://lnkd.in/g_jpXkr

Glad to meet many friends, #entrepreneurs#investors and #incubatees #face2face #f2f in #HKSTP #LEAP gathering in their #InnoCentre in Kowloon Tong.

LEAP stands for the Leading Enterprises Acceleration Programme. It is a flagship growth-stage business acceleration programme from #HKSTP. It empowers elite #startups for their global expansion. Harris SUN, the CEO of #Raspect is a member of LEAP and has been growing well into key markets in Asia and the world.

Really appreciate the leaders from #HKSTP Peter Mok Kiki Y. Wang, CFA, MBA Anvil Ng and many more for their contributions and effort to cultivate elite startups for Hong Kong to become global leaders. Keep it going. 加油!

The presentation ceremony of the 2019 #IFTA #FinTech Awards was successfully held yesterday. Congrats to all the winners. In this challenging year under Covid-19, our jury team led by Charleston Sin #MIT #InnovationNode had overcome all the challenges and carefully selected the stars of the stars as the winners 3 months ago.
https://lnkd.in/g57XvR2

In particular, I would like to congratulate the winners of my favorite areas #AI and #BigData. Really proud of #BIBO #Convoy #FreightAmigo #Lufax #Wizpresso #YOOV. You all did well in making use of data to empower financial services and their customers. Calvin Cheng, CFA Ka-Ming Lee Alex Szeto Wong Philip.

Also met good friends and FinTech experts there such as ALEX Chan and his #Forms teammates, Daniel Ling and his #OneConnect teammates, Raymond Wing Fung Chan, CFT#Cyberport and #HKSTP FinTech teammates, and many others. Congrats to them as well to win great awards and recognition from IFTA.

Thanks to 龐寶林 Wilson Kwok FCPA, CA, FHKSA, MA(HONS), ATIHK, FHKFA, CFP Darron Sun leadership in organizing this award.

ETNET FinTech Awards 2019 was done beautifully in the Hong Kong Exchanges HKEX Connect Hall on Jan 17, 2020. A new breed of Hong Kong FinTech stars were born. As one of the judges for this Awards, I would like to congratulate to all the winners and participants.

Big thank to FS Paul Chan ETNET See Salome Ada Chow Cyberport Peter Yan Eric Chan Charles Lam Queenie Chang HKSTP George Tee, Charles Mok Deloitte Peter Koo FCPA,CA,AICPA,CPA (Aust),CIA,CFE,CISA,CISM,CGEIT PWC Dick Fong KPMG Anson Bailey (eMBA) EY Peter Chan InvestHK King Leung Vincent So Maaike Steinebach and many other FinTech Ecosystem enablers to make it happened.

We now have over 600 FinTech startups in HK and raised over US$1 billion which is higher than many countries and cities in Asia. Proud of you all. Keep it going. Covergo Wesurance Wizpresso FundPark Pecutus Transwap HeyCoins EarthChannel PolyDigi IxFinTech Portfo Prive Quantifeed & incumbent winners like HSBC BOC DBS HangSengBank. Keep it up teams:Victor Yip, Benjamin Wong, Eddie RONG, Adam Lau ,Wai Kong Wong, Curtis Chan, Irene OL Wong (黃愛玲), Anson Suen, Eddie Chang, Natalie Fong, Calvin Cheng, CFA, Daniel Chan, Jaff Lau, Ada LAM, Winny So, Noel Yick & more.

AFF2020 AsianFinancialForum in Hong Kong was powered by lots of FinTech this year. Recalled that AFF had not much on FinTech 4 years ago. Our Cyberport team working with HKTDC made this happened. We are so grateful that FinTech is now a core part of the AFF every year.

More importantly, a number of FinTech startups started 4 years ago & now they became key players in the financial services industry. Covergo  Wesurance  InsurTech Farseer FinancialIntelligence Transwap Remittance HeyCoins DigitalCash EarthChannel RegTech DigitalTransaction Blockchain PolyDigi CyberSecurity IxFinTech WealthTech NexChange Platform Gini Neat GekkoLab & more.  Keep it up teams Tomas Holub Stanley King Lun Chan Benjamin Wong Eddie RONG Adam Lau Wai Kong Wong Ian Huang Curtis Chan Irene OL Wong (黃愛玲) Juwan Lee Natalie Fong & more.

Thanks for Cyberport Chairman Dr. George Lam, CEO Peter Yan FinTech Head Charles Lam have been giving lots of support to the FinTech ecosystem in HK. From >50 FinTech startups 4 years ago, Cyberport has nearly 400 now & a few more hundreds around in HK. A few are Unicorns already such as WeLab TNG. Thanks to InvestHK King Leung, HKMA Nelson Chow, HKSTP George Tee, DIT Ivan Yip & more.

More can be found here https://lnkd.in/ffPv7cg

2020 HKICT Awards FinTech Award is coming again.  Many FinTech heroes in town were the winners of this award in the last few years such as CoverGo Tomas Holub in 2019.

The FinTech Award is composed of three streams: 1. Banking, Insurance and Capital Markets 2. Emerging Solutions 3. Regulatory Technology and Risk Management* (*Includes FinTech Security).

Don’t miss this opportunity to compete for one of the most honourable FinTech Awards in Asia. The award is highly endorsed by the FinancialServices industry, governments, regulators and investors in the region. The application deadline is Jan 3, 2020. Find out more here https://lnkd.in/fs6zyte

Thanks for Hong Kong Institute of Bankers Carrie Leung Philip Kam as the leading organizer for this award again this year and the leadership from OGCIO. It is my honour to be the Chief Judge again for this year’s award. Hope to see you in the final round. Wish you all the best and good luck. FinTech HKICTAward FinTechAward HKIB HKMA HKSFC HKIA IFTA FTAHK Cyberport HKSTP ASTRI InvestHK