Leader 2030 Webinar – Lean Startup: Quick Innovation Strategy

The Executive Study Group (ESG) webinar named “Leader 2030 – Lean Startups: Quick Innovation Strategy: How Traditional Companies Accelerate Innovation Speeds” was held by Asia Pacific Institute for Strategy Limited (APIFS) on 7^th Mar 2025. Dr. Mark Lee introduced the goal of Leader 2030 before the webinar (See reference). 

In the beginning, Dr. Mark Lee quoted Prof. Steve Blank (Stanford University) that Lean Startups practices did not only for young tech ventures but also large companies. 

Then he introduced the 4 stages of “Lean Startups”. The first two steps are Customer Discovery and Validation that belongs the first part “Search”. The second part “Execution” included the last two steps and they are Customer Creation and Company Building.

Lean Startups Re-entrepreneurship (LSR) included three elements and they are Business Model Canvas (BMC), Hypothesis Quick Test (HQT) and Minimum Viable Products (MVP). Dr. Lee reviewed BMC of last webinar.

Then he also reviewed the HQT – Test Card 4 steps and they are Hypothesis, Test, Metric and Criteria.

And then Dr. Lee briefed the Minimum Viable Products (MVP) that need to fulfill two critical factors and they are customer found it valuable and rapid growth rate.

Dr. Mark Lee use Facebook, Blue River Technology and GE as examples to explain lean startups practices.

After that he mentioned the multiple rounds using BMC → MVP deployment of HQT and got customer feedback for quick experimentation. 

Finally, he compared the traditional company culture and lean startup culture from Strategy, New-product process and Engineering.

As well as, compared from Organization, Financial Reporting, Failure and Speed.

Lastly, he polled to survey our company ready for Lean Startup’ unique culture or not. Around 60% replied agree / highly agree their company ready for this culture change.

Reference:

Asia Pacific Institute for Strategy Limited (亞太策略研究所有限公司) – www.apifs.org

ESG facebook - https://www.facebook.com/groups/esg08

Leader2030 - Empowering the Next Generation of Leaders - https://www.apifs.org/Leader2030-en

Previous talks summary:

https://qualityalchemist.blogspot.com/search/label/Executive%20Study%20Group

Dinner with Dr. KS Chin and Mrs. Chin

Minda and I had dinner with my teachers Prof. KS Chin and Mrs. Chin on 3^rd Mar 2025. We took a photo before the dinner. 

We had dinner in CityU Faculty Lounge. Its food is very good! 

Reference

HKSQ - https://hksq.org/

20240814: Dinner with Prof. Frankey Pun and his Family - https://qualityalchemist.blogspot.com/2024/08/dinner-with-prof-frankey-pun-and-his.html

20240109: Dinner with Dr. KS Chin and Prof. Frankey Pun - https://qualityalchemist.blogspot.com/2024/01/dinner-with-dr-ks-chin-and-prof-frankey.html

20231010: Lunch with Former HKSQ exco members - https://qualityalchemist.blogspot.com/2023/10/lunch-with-former-hksq-exco-members.html

20230319: HKSQ Social Events–Walking Tour of points of Interest in Sham Shui Po - https://qualityalchemist.blogspot.com/2023/03/hksq-social-eventswalking-tour-of.html

20120814: HKSTP Visit and HKSQ Lunch with Principal & Professors from The University of The West Indies - https://qualityalchemist.blogspot.com/2012/08/hkstp-visit-and-hksq-lunch-with.html

Family Gathering for Ne Zha 2 (哪吒2) Film

In March, my mother would like to see Ne Zha 2 and we arranged family gathering for the film on 2^nd Mar 2025. We saw the film in Tuen Mun cinema. Ne Zha 2 earns HK$5.6 million on first day in Hong Kong! 

Minda and I took a photo in front of the banner.

Then we took a group photo with mother.

The cinema is mini one and smaller than my expectation because I haven’t seen the film in cinema for long time.

I selfie inside for memory.

It is a very good film and achieved international level.

Reference:

20240303: Visit to Huawei European Town and CNY Family Gathering in Guangzhou - https://qualityalchemist.blogspot.com/2024/03/visit-to-huawei-huawei-european-town.html

HKSQ Social Event - Hong Kong Cemetery Heritage Walking Tour

HKSQ Social Event named “Hong Kong Cemetery Heritage Walking Tour” on 1^st Mar 2025. Hong Kong Cemetery is located on the western side of Happy Valley (previously known as the Protestant Cemetery or the Colonial Cemetery) which is the oldest western cemetery in Hong Kong since 1845. In the beginning, we took a group photo in the main entry. 

(Left: I, Dr. KS Chin, Mr. CP Chow, Mr. KC Hui, Ms. Lam, Dr. Jane Wong, Ms. Minda Chiang, Ms. Angela Wong, Dr. Albert Tsang and Mr. Humphrey Lee)

Mr. K.C. Hui was our docent. He explained the design of the fountain.

He then introduced the British naval tombs related to the Opium Wars.

The grave of Henrietta Hall Shuck (October 28, 1817 – November 27, 1844), the first American woman missionary to China and the first Western woman to live in Hong Kong, is mentioned. Students of Henrietta High School would visit from time to time.

Orthodox Catholic Church (東正教) cross is different with others. The Triple Cross in Orthodox Christianity symbolizes the crucifixion of Jesus Christ, with the top beam representing Pilate's inscription, the middle beam for His nailed hands, and the slanted bottom beam signifying the footrest and the divergent fates of the two thieves crucified alongside Him.

We saw a very famous person in Hong Kong who is SIR Robert Ho Tung!

Then Dr. Aaron Tong joined us and we took a photo in front of the church.

We saw many grave with Freemasonry (共濟會) logo (The Square and Compasses).

Afterwards, we visited the tomb of Yeung Ku-wan (19 December 1861 – 11 January 1901) who was a Chinese revolutionary of the late Qing dynasty.

The original tomb was built to avoid the Qing, so it had no name, only a tomb number. Few years ago, Hong Kong government built a marble platform for him.

This cemetery was built in 1975 for moving graves during the construction of the Aberdeen Tunnel.

Mr. Chiang Chen (蔣震) who was a famous Hong Kong industrialist, founder and honorary chairman of Chen Hsong Group, was also in this cemetery.

When we left, we passed the Holy Cross Catholic Cemetery (天主教墳場) and saw the funeral couplet: "Tonight my body returns to my homeland, and tomorrow your body will do the same." (今夕吾軀歸故土，他朝君體也相同。)

After the tour, we had lunch together.

Reference:

HKSQ - http://www.hksq.org/

Other HKSQ Quality Life Series activities:

20130124 - The historical development of Sheung Wan Hong Kong Island for the past 100 years (港島上環區百年變遷講座)

http://qualityalchemist.blogspot.hk/2013/01/the-historical-development-of-sheung.html

20130126 - The historical visit to Sheung Wan Hong Kong Island for the past 100 years (港島上環區百年變遷考察)

http://qualityalchemist.blogspot.hk/2013/01/the-historical-visit-to-sheung-wan-hong.html

20130914 - HKSQ Tour to Heritage Sites of Central District

http://qualityalchemist.blogspot.hk/2013/09/hksq-tour-to-heritage-sites-of-central.html

20140112: HKSQ Oyster Shucking and Wine Pairing Workshop - https://qualityalchemist.blogspot.hk/2014/01/hksq-oyster-shucking-and-wine-pairing.html

20150228: HKSQ QoL Walking Tour to Tai Ping Shan Medical - https://qualityalchemist.blogspot.hk/2015/02/hksq-qol-walking-tour-to-tai-ping-shan.html

20151212: HKSQ Iberico Ham and Wine Pairing Workshop - https://qualityalchemist.blogspot.hk/2015/12/hksq-iberico-ham-and-wine-pairing.html

20160109: HKSQ QoL Lei Yue Mun Village Heritage Walking Tour - https://qualityalchemist.blogspot.hk/2016/01/hksq-qol-lei-yue-mun-village-heritage.html

20170401: HKSQ QoL Ping Shan Heritage Trail Walking Tour - https://qualityalchemist.blogspot.com/2017/04/hksq-qol-ping-shan-heritage-trail.html

20180119: HKSQ Technical Visit to Foshan Coca Cola Plant - https://qualityalchemist.blogspot.com/2018/01/hksq-technical-visit-to-foshan-coca.html

20180120: HKSQ Cultural Visit to Foshan Ceramics Museum - https://qualityalchemist.blogspot.com/2018/01/hksq-cultural-visit-to-foshan-ceramics.html

20210402: HKSQ QoL Exco Hiking on Wu Tip Shan Trail (蝴蝶山徑) - https://qualityalchemist.blogspot.com/2021/04/hksq-qol-exco-hiking-on-wu-tip-shan.html

20230319: HKSQ Social Events–Walking Tour of points of Interest in Sham Shui Po - https://qualityalchemist.blogspot.com/2023/03/hksq-social-eventswalking-tour-of.html

20250126: HKSQ Social Event - Walking Trail on the Lam Tsuen (林村) cum Reunion Dinner - https://qualityalchemist.blogspot.com/2025/01/hksq-social-event-walking-trail-on-lam.html