Innovation and creativity are increasingly important to help businesses stand out from the crowd. But how can companies acquire these capabilities? And how can digital transformation help improve business performance? To help Hong Kong businesses find answers to these and other questions, an expert panel of speakers shared their experiences and provided insights on developing a competitive edge at a Chamber seminar on 8 May.  

Andrew Young, Associate Director (Innovation), Innovation Department of Sino Land, discussed his organization’s adoption of a sandbox platform to trial innovative ideas, while Daniel Fung, Head of Strategy and Innovation with Towngas, shared his company’s approach to cultivating an innovation-friendly environment, which drew on the full support of top management. Jack Lau, Chairman of investment company Swanland.AI, provided an overview of the promising opportunities that digitization can bring, including cost savings, enhanced efficiency and increased productivity.

More than 100 attendees enjoyed these insights about using innovation to drive business growth. Participants were then briefed on the selection criteria for the Innovation and Creativity category at the 2019 Hong Kong Awards for Industries, which is organized by the Chamber. During the presentation, the Chamber Secretariat provided some guidance on the attributes that will help make an application stand out by highlighting the characteristics of some of the past winners.