Dr. YC Chau and I had
supported the course named “ISE 549 - Management of Innovation and Technology”
under the MSc in Knowledge and Technology Management in PolyU this year again. The
last lecture was experience sharing. Dr. YC Chau invited Dr. Vincent Fung and
Mr. Raphael Pirker to share their working and startup experience to students.
We had dinner in the PolyU staff canteen before the lecture.
Ms. Misbah Iqbal is PhD
student and we appreciated for her assistance on the whole program IT setting
and student group forming, etc.
Firstly, Dr. YC Chau shared
his 40 years working experience.
His career 3P model from
Profession to Professionalism and then to be Professional were introduced.
Finally, he concluded his
past, present and future strategy for student reference.
I was the second speaker and
shared my experience in four dimension including academia, business, community
and government. I quoted Steve Jobs about “Connect the dots” and showed my
case.
I also introduced my work
in science park laboratories.
After that our guest Mr.
Raphael Pirker (Founder & CEO of TBS) shared his entrepreneurship. He
started business when he was 18 years old with HK$5000.
Then he shared
his company milestones from 2013 to present. Mr. Pirker introduced innovation
in manufacturing in three points below
l Innovative products vs innovative manufacturing techniques
l Design for manufacturing
l Unlocking vertical integration through innovation.
Where vertical integration advantages were speed,
flexibility and knowledge. Because contract manufacturers would sacrifice
either on quality, speed or price.
After that he compared manufacturing
in Hong Kong and Shenzhen. Only rent and labor cost were disadvantage. “The
right scale and automation mix unlocked logistics, tax & customers efficiencies
unavailable anywhere else in the world.” he said.
Finally, Mr. Raphael Pirker
shared some ideas in four dimensions and they were ‘ROI’, ‘HR’, ‘Integrate
gradually’ and ‘Improve constantly’.
The last guest speaker was
Dr. Vincent Fung (Consultant, Advance Manufacturing (Innofacturing) at HKSTP) who
shared his working experience and introduced Advance Manufacturing
(Innofacturing) at HKSTP to students.
Firstly, Dr. Fung briefed
six dimensions in innovation and technology (I&T) including Collaboration,
Co-creation, Ideation, Implementation, Value Creation and Commercialization. He
briefed I&T in manufacturing industry including innovation in product,
manufacturing, corporate, business model and service.
Then he introduced I&T
led into smart manufacturing.
After that he shared success
factors and failure factors to startups entrepreneur. Some failure factors are
High complexity of I&T, legal requirement, Not at right time / right
market, over expansion of project team or too small of project team, lack of
technical support, no good marketing plan, etc.
He also identified 4
success factors and they were team formation, ideas/technologies used in the
product, partner and business model.
Lastly, Dr. Vincent Fung introduced
the proposed facilities and service in ProShop in AMC at HKSTP.
We took a group photo at
the end of the lecture.
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