a private lesson on leadership, entre, and innovation
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Appreciate your thoughts on the first few pages.TRANSCRIPT
The Tipping Point Initiative
Sept 6, 2013 A point of view on what had happened
Lessons in Leadership, Entrepreneurship, and Innovation
1. How does one change the status quo? 2. Is he certain that the new status is better than the
present? 3. How does an entrepreneur (believer of one) move
to become an innovator (believer of one with many followers who would buy his products)? [Let’s define an innovator as someone whose products or services have buyers, which differentiate from an inventor whose products or services do not]
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Case Challenges 1. How do you ignite the fire of change and fan its
spread? 2. What does a change champion need to do to
bring about a miracle? 3. How do you bring 6 disparate groups together for
dialogue? 4. How do you entice them to see a better
tomorrow? 5. How do you determine success of a US$50,000
conference?
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8 Steps to Ignite Change 5. Appeal to their
nobleness 6. Show them it has been
done before 7. Challenge them 8. Conclude by helping
them visualize this better future
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1. Create a burning platform
2. Find a common ground
3. Break the ground under their feet
4. Show them a new way
Step 1: Create a Burning Platform
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Source: Startup Genome, 2012
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Where’s is Hong Kong?
Step 2: Find a common ground
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Six Blind Men and An Elephant? Start-ups n Government n Academics n Youth n Industrialists n Policymakers
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www.proprofs.com
Are we actually looking at the same elephant, but each with a different timeframe?
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Definition of innovation Before Now
• Technology • Products • Owned by R&D • Hard, risky, nuisance • A noun • The thing itself
• About Value • Anything that can
create value • Owned by everyone • Hard, risky, fun • A verb • Essential to the values
of things
Source: Dr. Royce Yuen, ex-Asian Chairman of O&M
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"ʺThe commercialization of creativity.”
Anonymous
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Step 3: Break the ground under their feet
By questioning their assumptions
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Why Can’t We? • Build on our world-class
efficiency, speed, and adaptability that is uniquely Hong Kong?
• Be the cleanest city in the world?
• Create new technologies not by ourselves but with others like Finland?
• Become the definitive “Academy” for Greater China?
• With aging population, comes modern old age homes?
• Be the world’s firemen and rescue others from harm?
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Step 4: Show them a new way
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9:30 am An Innovation Framework
Prof. Gordon Redding,
Senior Fellow, INSEAD
Escaping the Mercantile Equilibrium Trap: Business
Organizations as Instruments of Societal Benevolent Domination in
China ?
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10:00 am Common Sense and Practicality
Dr. Po Chi Wu, Adjunct Professor of Engineering and
Business, HKUST
The Nose Knows
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Step 5: Appeal to their nobleness
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Today’s Aims • How can the bow ties talk to
the flip flops? • How can we learn to listen
better? • How can we learn to accept
our own mistakes and move on?
• How can we remake Hong Kong?
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Step 6: Show them it has been done before
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12:40 pm Real Life Example of Innovation
Prof. Arthur Ellis, Provost, City University of Hong Kong Building a Foundation for Innovation in Hong Kong:
The CityU Discovery-enriched Curriculum
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Step 7: Challenge them to work together
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Challenge to Each Panel 1. What is so innovative about this panel
discussion? 2. What are the missing ingredients that would
make this innovation work for Hong Kong? What should be the new role of government, industry, and students?
3. Why should you, the audience, the current industry, supplier, customers, and listeners want to be a part of this initiative? What is it in it for you?
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Panel leaders shall summarize their discussions for the plenary
Step 7: Challenge them
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Free Wi-‐‑fi City Recent Past
Present
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• Tel Aviv • Jerusalem • New York • Mountain View • Santa Monica • London • Minneapolis
• Birmingham UK • Singapore • Paris • Mysore India
Step 8: Conclude by helping them visualize a be\er future
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The New Hong Kong?
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8 Steps to Ignite Change 5. Appeal to their
nobleness 6. Show them it has been
done before 7. Challenge them 8. Conclude by helping
them visualize this better future
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1. Create a burning platform
2. Find a common ground
3. Break the ground under their feet
4. Show them a new way
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