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APIFS Successfully Hosts Exclusive Director Roundtable Focused on Strategic
Planning for 2024

The high-profile 'Director Roundtable' event was held on August 24, 2023 at
Sheraton Tower, Singapore. The event brought together 100 esteemed CEOs from a
diverse array of industries to discuss and share insights on strategic planning
for the upcoming year, 2024.

 

Report on Director Roundtable: "Strategic Planning for 2024"

The overall sentiment of senior executives in Hong Kong regarding the political
and economic climate of 2023 compared to 2019 leans negative. However, there is
a brighter outlook for 2024, suggesting that recovery and growth are on the
horizon.While market trends are looking positive, internal assessments suggest
companies......

 

[Asia CEO Forum] A.I. Leadership at the Majestic Hotel in Kuala Lumpur, Malaysia

Research Director of the Asia Pacific Institute for Strategy, led a riveting
discussion on the impact of artificial intelligence on the workplace and future
career landscapes.The seminar was attended by an impressive assembly of
Directors and CEOs from companies across multiple industries.

 

[Youth I.D.E.A.S. ] 「Economic Development 」Research Series – Tapping into the
Economic Opportunities of the Metaverse

Metaverse can bring more choices and ways for enterprises, and it is recommended
to formulate a digital economy development policy as soon as possible, establish
the status of cryptocurrencies and digital assets, and launch the "Metaverse
Development Pilot Program" to cultivate the industry.

 

[TaKungpao] Hong Kong Intelligent Manufacturing: Make good use of the advantages
of GBA to help manufacturers transform

「Re-industrialization」should integrate with GBA, create new advanced
manufacturing industries and a complete industrial chain, formulate relevant
development standards and platforms, and provide high-quality self-owned
products and professional services to the world.

 

[Awards] Hong Kong Apparel Society: 20th Anniversary & Inauguration Ceremony &
Business Strategy Award

The HKAS 20th Anniversary & Inauguration Ceremony & Business Strategy Award was
fully hold, we were sharing the 2022 Trends and the challenges and opportunities
of virtual digital, cryptocurrency and artificial intelligence to executives in
the industry.

 

[Inflation Strategy] Business strategy for enterprises to ensure profit margin
under global inflation

In next five years, only 12% of companies will stand out and become resilient
leaders.If a company cannot capture the cost change of supply in a timely
manner, it is very easy to fall into the dilemma of revenue growth and profit
decline.

 

[Digital Transformation] How to strategically lead the digital transformation of
enterprises?

For current entrepreneurs, the application of technology is ubiquitous. Large
companies may also be defeated by new companies by means of technology, and new
companies are growing faster than in the past, similar to the "Moore's Law" in
corporate development.

 

[High-growth Strategy] Enterprise high-growth portfolio model and 12 growth
opportunities in the future

High growth is not only a choice, but an inevitable requirement of enterprises.
But is there a way to achieve high growth?McKinsey research found that the most
important technologies for high-growth are actually Mindset and Organization
Culture.

 

[Interview with Shih Wing Ching] Challenges and opportunities for Hong Kong
companies in High-tech Era

The progress of science and technology has caused fundamental changes in the way
of serving customers and the internal management of the company. If we can’t
keep up, we must be subverted. We should adjust and enter a new era.

 

China Daily Hong Kong: The shopping festival serves as a touchstone of consumer
preference and product quality for Hong Kong merchants

To make their commodities popular with mainland consumers, Hong Kong merchants
have to improve their products and refine their services, to stand out.

 

[GBA Strategy] How can companies in the Bay Area and Mainland China leverage
Hong Kong "Going Abroad" strategically?

When the global vision is opened and domestic demand is released, "coming in"
becomes a necessity. When the global taste is opened, international demand is
insight, and mainland enterprises take the initiative in product innovation,
"going global" becomes possible.

 

[Innovation Strategy] How to innovate and face market adversity?

Consumer Lending is a traditional industry and it will never be eliminated.
However, it is subject to market changes and impacts. “Boldness and experiments,
as long as they do not make the company disappear”: this is my consistent belief
to encourage my teams with.

 

[Innovation Strategy] LBS Group's Ecosystem Innovation

When the sales of the middle-drawing type machine increased sharply, there began
requests to paper merchants to customize the paper. This development broke the
monopoly of the giant opponents over the entire industry chain, and enabled us
to successfully cut into ......

 

[Development Strategy] Building a Learning Organization：For a positive and
people-focused corporate culture

The world is changing so fast these days. With Covid-19 and US/China conflict,
we are seeing a turbulence business environment that would need us to take quick
actions and constant monitoring our plans for the future. This can only be done
if our company is a learning organization......

 

[Greater Bay Area] Industry Clusters for Global Innovation

The industrial cluster is actually an onion effect, and the resources obtained
near the industry may not necessarily be your industrial resources. Not just
production, high requirements are required of customers, China’s 1.4 billion
population, plus Southeast Asia’s population with unique tastes.

 

[Leadership, Innovation and Strategy in Automotive Industry] Who Are Our
Customers?

The launch of the 5G technology also accelerates the development toward the
level 5 fully autonomous driving vehicle. Buying and owning a car is simply not
the only option and the imminent question to ask is “who are our customers?”

 

[Green Strategy] Using Green Technology to Fight Covid-19：Challenges of Running
Green Businesses

We keep developing products according to the wishes of our customers, but often
only one order or two orders. It is also necessary to find new sources of
customers, new methods of use and uses, from water-soluble films, medical
laundry bags, pet poop bags, laundry beads film, bananas......

 

[Change Management] What can we do to face the challenges of the New Normal?

“It is change, continuing change, inevitable change, that is the dominant factor
in society today. No sensible decision can be made any longer without taking
into account not only the world as it is, but the world as it will be... This,
in turn, means that our statesmen, our businessmen, our everyman must take on a
science fictional way of thinking.”

 

[CFO Strategy] How to prepare for a new round of pandemic as soon as possible?

The economic recession caused by COVID-19 is unprecedented in many ways. For
advanced economies, this may be the most severe recession since World War II.
For emerging markets and developing countries, this is the first economic
contraction in 60 years...

 

[Crisis Management] Deal Terms Renegotiation: Investment Agreement is a Prenup?

“They are exercising the put option! Business is down the drain. I have no cash
to repay. They are really pulling the life line!!” cried one of my recent
clients amidst the pandemic.

 

[Stanford University Graduates Partnership]: How to build a
hundred-billion-dollar enterprise from nothing with a HK partner

"Disposable pod like Nespresso!" was the original idea of JUUL’s cartridges, and
there were different "flavor" designs. Could the design be mass produced? For
start-ups, often good ideas and products could be stifled in the "mass
production" stage.

 

Asset Management for the Pandemic: Real Estate Investment Philosophy in
Disrupted Times

While the novel coronavirus outbreak has been driving people to busily stock
their pantries, it is also a good time for us to re-think about our investment
strategy in real estates.

 

Crisis Management for the Pandemic: Portfolio Management and Best Practice - The
Rule of 30%

If there is disaster or emergency – the virus pandemic (COVID-19), natural
disasters (2011), fire hazards (2019), nationalization, industrial disruption or
consolidation just to name a few – you still have 70% of your resources to cover
the loss of 30%. Your recovery speed will be much faster.

 

Change Management for the Pandemic: 6 Tactics and Pitfalls to Win People's
Hearts to Change Effectively

COVID-19 is changing our global economies: from banking systems to government
fiscal policies, from consumer behaviours to global supply chain networks, from
business models to human resources and organizational structures.

 

Trend and Crisis Management: The Worst of Time, The Best of Time

Aside from the safety and healthiness of all staff, management need to detail
out immediate exposure to supply chain disruption, legal obligation, insurance
coverage, banking compliance, additional costs in coping with crisis, possible
shutdowns, working capital crunches, third-party risks and broken command chain.

 

《Tai Hing 3.0》Foreword: Upgraded Strategy, Advanced Enterprise

When the three modes of 1.0, 2.0, and 3.0 overlap in a market, the 1.0 mode is
likely to have a cliff-like difficult period suddenly. Perhaps many companies
choose to enjoy the benefits of the vested mode in the 2.0 mode.

But some companies entering the 3.0 mode will have breakthrough qualitatively
and achieve high-dimensional breakthroughs. And Tai Hing 3.0 is Tai Hing's
self-breakthrough.

 

[CEO Insights] Crystal Interview: Management Philosophy for an Enterprise from
Zero to Billions

The biggest factor driving the realization of Industry 4.0 would be things
outside the machine, which is the fully integration of human resources. Because
every company is able to buy the same machine, but the key is how to maximize
the effect of it!

 

[CEO Insights] Octopus Interview: Innovative Thinking Strategy

Enterprises must have high flexibility and innovative thinking in a changeable
environment, seize opportunities and keenly grasp the development trend of
science and technology innovation in the world.

 

[CEO Insights] The Bank of East Asia, Limited Interview: Development
Opportunities for Hong Kong Banking Industry in Information Technology and
Guangdong-Hong Kong-Macau Greater Bay Area (GBA)

There are totally 70 million people in GBA, and the area is over 500 times
larger than that of Hong Kong. And different regions, towns, etc. can give play
to their own advantages.

 

[CEO Insights] Pfizer Hong Kong Interview: What makes the enterprise successful
- products or missions？

Now, due to popularity of AI and internet, consumers even can purchase drugs on
the internet, so does it greatly impact you?

 

[CEO Insights] Ericsson (HK) Limited Interview: Would Hong Kong lose its
competitive edge in the 5G era?

The Hong Kong Government is also implementing Smart City and willing to invest
in it. But is it fully funded to become Smart City? Hong Kong is too small, and
its return of resources may be less attractive than the costs. So it takes
little effect here! 

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Asia Pacific Institute for Strategy (C) 2023


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