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Management Wisdom  Event #2 - 5 March


"Management Wisdom under the Starlight"
Event #2 – 5 March 2008

Building on the overwhelming success of the inaugural session, "Management Wisdom" Event #2 was staged on 5 March evening at the same venue.  In collaboration with the Hong Kong Chamber of Small Business Ltd. (HKCSMB) we have invited another pair of SME Award winners to come share their experience and wisdom.  They were Ms Elaine Ho, Principal, He Qilian & Associates (solicitors firm), and Dr. Oliver Yau, Managing Director, Objective Solutions Ltd., winners of the 2006 SME Award in the "Professional Services" and "Information Technology" categories respectively.      

Registration began at 6:45 pm.  Before the party sat down to enjoy the delicious food (Chinese cuisine in fusion with western presentation), hosts and guests mingled and chatted taking the opportunity for networking with each other.


Host, speakers, organizers and guests took a (partial) group photo before the event.

Picking up feedbacks from the first event the organizers this time spent less time on the speaker introduction.  Dr. Dominic Wong, the anchor for the evening, assumed the role of MC of the event as well, fully reflecting the multi-faceted competencies of capable leaders.  After the main dishes have been served the sharing session started.  After a brief introduction of Elaine, the first speaker, Dr. Wong invited her to describe her strategy and the unique path that she has taken, as a female pursuing a rather challenging task, both in terms of profession (a solicitor trained up under the Common Law system striving in a totally different legal turf) and in business line (developing an almost virgin business – that of providing cross-boundary legal services between the Mainland and Hong Kong, and subsequently between Mainland and overseas).  Elaine's pursuing story demonstrated her vision and perseverance.  Starting a repositioning of her professional career stimulated by a head-hunter who told her that fluent Putonghua and operating between Hong Kong and the Mainland were the two most needed competencies for her, she painstakingly took the thorny career path of developing social and business networks in a virgin land no other solicitor firms bothered to explore – Zhejiang Province, spending one-third of the year staying in the various cities there to lay the groundwork.  Through her hard work Elaine transformed herself from a lady who did not even speak a word in Putonghua to one who can fluently and effectively negotiate with all parties in the Mainland.  She also described at length how she took advantage of CEPA, being the first batch of professionals setting up operations in the Mainland, as well as her adoption of "Blue Ocean Strategy" in promoting new businesses – those that help Mainland private enterprises to "reach out" to Hong Kong and onward to other overseas countries.  


Guest speaker Oliver Yau and host Dr. Dominic 
Wong chatting with members and guests.

Dr. Yau taking a shot with guest 
Mr. Ng Kin Wai before dinner.


Host Dr. Dominic Wong introducing the
guest speakers to the audience after dinner.


Dr. C Y Wong, Hon. Consultant of IIM,
raising a question to guest speaker Elaine Ho.

To allow for a fair share of time for our next guest speaker, Dr. Oliver Yau, our host had to cut short the Q&A session for Ms Elaine Ho.  While both speakers were from the services sector, Dr. Yau's application software/IT solution operation is way different from Elaine's professional practice.  Instead, his company, Objective Solutions, focuses on only a very small market, successfully tapping and serving a high growth and high margin industry – the jewelry manufacturing industry.  By focusing and doing it well, he managed to carve out an enviable market share from a niche market, facing far less competition than many of his peers.  In the pursuing presentation Dr. Yau amazed the audience that he had in fact probably broken the Guinness record for award winning (if there is such a category) – gaining over twenty awards/prizes within a period of two years.  Oliver shared his business secret – entering and winning in competitions as a less costly strategy for corporate promotion and PR.  He also described how he made use of the award-loaded reputation as an advantage in successfully winning the government's Innovation and Technology Fund for fueling his heavy investment in developing industry-based solution systems.  His experience set a good role model for other SMEs, particularly those striving in the higher technology areas.


Felix Chan, Life Hon. President of HKCSMB
raised a question on behalf of local SMEs
to the speakers.


Dr. Wong, anchor and host, made his 
concluding
remarks and express thanks 
to the two guest speakers. 

As the Q&A dialogue proceeded towards the ending part of the evening, the topic shifted towards Putonghua and language communication.  Besides learning from Elaine how to effectively pick up the skill of speaking Putonghua well, the audience further earned a bonus as Dr. Dominic Wong, host, shared his wisdom of how to speak better Putonghua.  He pointed out that besides understanding well the four tones used in Putonghua, thinking through and practicing to speak out sentences that can be written down word by word in Chinese would help ensure the Putonghua is not ‘Cantonese-style’.  He pointed out that Hong Kong people are so used to speaking Cantonese and their spoken vocabularies are dominated by Cantonese phrases and terms that in fact cannot be written out.   


Host/anchor Dr. Wong presenting certificate
of appreciation to Ms Elaine Ho.

Dr. Wong presenting certificate of appreciation
to Dr. Oliver Yau.

Just as the previous function, when the cross-flow was reaching its climax, time also ran out.  As the clock stroke past 10 pm. the host had to call the event to a close.  On behalf of the organizers, IIM and HKCSMB, Dr. Wong presented to both speakers certificates of appreciation, and the audience expressed their gratefulness by a hot applaud of hands.  While the party departed, the enjoyable memories lingered in the minds of the participants…and the wisdom shared all became the intellectual assets of those attending.   

["Management Wisdom under the Starlight" series is supported by the IIM Foundation (IIMF).  In fulfillment of the Foundation's goal of promoting and enhancing the professionalism of management (especially cross-border, cross-cultural, international management), funds are being expended in video shooting and subsequent production of video clips to be posted on IIM's website for easy access by members and the public.  Further announcement will be made when the "Management Wisdom" series excerpts are ready for viewing on the web.]

 

Copyright © 2008 The International Institute of Management