Sonntag, 16. März 2008

Day 10 in Hong Kong

Last day in Hong Kong!
The Omnium group is ready to go home, but before that - God put the last assignment - THE ACTION MEMO. Within an our we had the task to consult a tech company and their CEO on issues we had looked at in class. This was a perfect way to sum up all the discussions and teaching we had in this class!
Thanks Chris Wagner for all the innovative and up to date information provided. I gave me a great insight on whats hot and whats not!!!

Hopefully you got my assignments???? If not just send me a mail!

DONE!

A personal note at the end.
The last night in Hong Kong we spend in style...
First the Golder Rulers and Lucas went to the JW Marriott Hotel and its Chinese Restaurant. That was the prize for winning the Marriott competition in Macau! HUA Golder Rulers!
After that we went to the KEE Club, hot spot, great chef and good Vodka... Thanks Alexa and Patrick for organizing!!!!!!!!
Volar was our final destination that night - It ended in style!

Day 9 in Hong Kong

The last hot topic in innovation right now is virtual worlds. The class had the chance to go on " SecondLife" and visit the Cirquent Island. Some employees from Cirquent were online and so we had the chance to experience this virtual connection and talk in real time and shown on the big screens in teaching room! What a fun experience! I think it also helped to educate and connect people in the group better to this innovative platform!

Last but not least was the information about Mashing up services! This was very interesting session, which talked about the possibilities of bundling services on the web. This will again transform the WWW, as we know it today.
Important sides to look at:
zillow.com
zoominfo.com

But there are also privacy issues as well! The www can be very dangerous in terms of supplying and distributing private information, which is not supposed to get into the hands of everybody.

Day 8 in Hong Kong


Wednesday morning was "Quiz Day" - everybody was up all night to study for the Finance exam in the morning! Some of the group used the time wisely to get an Iphone.

By the way I can highly recommend the Sushi in the Eaton Hotel - service was bad, but the food rocked!!! I mean nothing compared to ZUMA, but hey there is no comparison to ZUMA....

The Quiz went ok, we will see what the results will be!


In the afternoon it was Innovation Technology again - In this session we analyzed successful products, as enablers of better processes, or better process integration.
Bundling products together means a great additional value for the customer. But, and there is a big but to this - it adds complexity to your development function. A good axample for this is the Ipod - ability of most if the BMWs nowadays. But you have know our processes and integrate them with the product development process at the partnering firm.

Day 7 in Hong Kong

Tuesday - sweet Tuesday!!!



After having interesting Finance in the morning, the best came at last - Innovation Technology!

Disruptive technologies - this class showed me, how working on shared documents provide a source for inapproprate use of the tool. I dont want to go deeper into this. It showed me that everybody working online on the same document should have the same goals and attitude. Culture and different kind of humor will disturb this working environment very quickly - so watch out!!! Smile

Donnerstag, 13. März 2008

Day 6 in Hong Kong

Monday was MACAU DAY!!!!!!!

Day 5 in Hong Kong

Sunday - I would call the suit day! I left the Eaton hotel rather late... But then again it was the weekend!!! It was warm outside and the sun was shining!!!

Since good friends had told me that Jack is the guy to get a suit from - I HAD TO GO!
Thanks to Paul, who volunteered to take me to the place in the Penisula Centre (has nothing to do with the Peninsula Hotel!
Marvelous fabriques Jack had there! I enjoyed myself...

Then the Iphone search began... we went to stores checked the phone out. Amazing - there is a Hiphone - which is almost a clone to the REAL thing! Please also see this movie at youtube about it on the right hand side!!!

The Quest goes on...

Day 4 in Hong Kong

After a rather hard night out, Hong Kong visit including shopping was on the schedule! By the way, we went to Zuma to eat first, then Halo followed by a night out at the one of the best clubs in Hong Kong - Volar...
Zuma is the best place for Sushi outside of Japan! Taste Buds we in total delight!

Shoppen in Hong Kong is crazy. There are certain areas dedicated for certain things to buy, like Mong Kok for electronics. So many people on the street!
I enjoyed myself very much and bought a couple things...smile

Dinner was at ZEST, some nice Filet... Awesome! And the garlic mash with it - delicious!!!

Home at the Eaton - early, but hey...

Dienstag, 11. März 2008

Day 3 Hong Kong


Friday started with the presentations on "Doing business in China". The group worked the night before until 11 o`clock to get this presentation on the roll...


Our project touched on China business opportunities in the machinery industry. Huge effort and preparation was done by Jens Thing. In addition to the preparation before the China module, our group visited various machine tool end user, making auto parts for BMW or Mercedes...


To cut a looooooooooooong story short, the presentation went well and the panel which consisted of Prof. Chris Wagner, Prof. Tomas Casas, Prof. Doug Hyatt (thanks for sharing your tailor in Hong Kong) and Daniel Cushing.


Out study group is named "Golden Rulers" and we often rule!!!!


After a transfer from the City University of Hong Kong to the Manulife Centre, we met with Robert A. Cook, the Senior Executive Vice President and General Manager for the entire Asia devision. After a short introduction we received a case study and prepared in two groups. By the way this business meeting was held on the 46th floor in the Manulife Centre, which overlooks the harbour of Hong Kong. Great stuff!!!


Afterwards a getting a feel on the real life in Hong Kong was absolutly mandatory!!! I walked with a good friend trough the lifely part of Hong Kong island!


PEOPLE, PEOPLE, PEOPLE, that was all we were able to see...


A "Feierabend" drink was something to do after travelling with a ferry from the island to mainland side of Hong Kong. Peninsula Hotel was the backup soluation after the Felix had been closed due to a private reception. By the way, FELIX was designed by French Designer Philippe Starck .


Donnerstag, 6. März 2008

Due Diligence Hong Kong - must see...

This is the more fun part of the Blog.

Please find underneath Bars, Restaurants and Shopping:

Lets start with the Food...


Restaurants:

AQUA SPIRIT
HONG KONG, CHINA
There are few entrances that can rival that of Hong Kong's sexy new cocktail bar, Aqua Spirit. As you step out of the lift you are transported into a white shimmy of a portal, walls hung with striptease silks that move with the slightest breath and floors grooved with tiny irrigation channels of running water. Then through a sliding door wham, bam - all of Hong Kong's island lies in front of you through a wall of soaring glass. Aqua Spirit floats above not one but two Aqua restaurants, Aqua Roma and Aqua Tokyo. We suggest going straight for Aqua Tokyo, with the city's first open robatayaki grill bar pushing out delicacies like earthy, smoked aubergine wrapped in tender, paper-thin grilled beef fillet between long finger-trays of supermodel sushi. £££CONTACT29th and 30th Floors, 1 Peking Road, Tsim Sha Tsui (00 852 3427 2288). About £90 for two with wine.

DRAGON-I
HONG KONG, CHINA
If you can't make up your mind between Japanese and Chinese food, then try the splendidly exclusive Dragon-I, the world's only private club and bar with a terrace featuring giant hanging songbird cages. The menu is dotted with Bruce Lee figures to denote the dishes that most kick ass. The playground bar is for members only, while the charming red-room restaurant opens to the hoi polloi for great dim sum and bento-box lunches. Dinners of Peking duck or Japanese tuna and foie gras salads are served until 10pm when the restaurant turns into a VIP room, ready to welcome patrons like Jackie Chan, Jean Claude Van Damme and Ronan Keating. ££ CONTACTThe Centrium, 60 Wyndham Street, Central (00 852 3110 1222). About £60 for two with wine.

Highly Recommended

HUTONG
HONG KONG, CHINA
Hutong is part of the new Northern Chinese flagship of the Aqua restaurant group, which is having the impact of a grade 10 typhoon on Hong Kong dining. The city's most raved-about new restaurant presents some of the most uncompromisingly robust Northern and regional Chinese flavours, presented in a post-modern, minimalist fashion. This includes a searingly colourful platter of Sichuan prawns with dried chilli and shallots, a homely, earthy mix of sautéed string beans with pork and salt fish and everybody's favourite new dish - a long wooden platter of lamb's ribs that have been slow-cooked, de-boned and re-formed in their own crisp skin in a clever play on tradition. Hutong's interiors are post-modern and minimalist, exemplifying contemporary Beijing Ming chic. ££££ CONTACT28th floor, 1 Peking Road, Tsim Sha Tsui (00 852 3428 8342). About £110 for two with wine.

ISOLA
HONG KONG, CHINA (PHOTO GALLERY)

Isola consists of a vast, white-on-white, textured space set into the waterfront cliff face of the cloud-bothering new International Finance Centre building. Refreshingly, for Hong Kong, it is open to everybody - if you can get a table that is. Here chefs scuttle around open copper kitchens while their elegant patrons lounge at terrace tables, barely glancing at the stunning harbour views through their designer shades. Head chef Gianni Caprioli used to work for the Agnelli family, and so is accustomed to catering to the tastes of the painfully rich. Here, his menu features stone-baked whole sea bass in a potato crust, baked mozzarella in walnut bread with sweet cherry tomatoes and thin-crusted pizza layered with Stracchino cheese and finely shaved black truffle. CONTACTLevels 3&4, IFC Mall, Central (00 852 2383 8765). About £100 for two with wine.

KEE
HONG KONG, CHINA
Situated above the 70-year-old Yung Kee goose restaurant in Central, is this part Martini lounge, part club and part dining room. Kee caters to the more sophisticated of Hong Kong's Jimmy Choo'd and Gucci'd party beasts, with a wine-lined bar, Venetian-looking restaurant and some very louche, sepulchral and outrageously decorated private rooms and salons, complete with original Picassos. By day, Kee serves one of the island's finest dim-sum lunches, while by night its home to the boundary-pushing cooking of Ginalu Bonelli, a keen disciple of Barcelona-based innovator Ferran Adrìa. This is rich food for rich tastes, from sea-sweet lobster carpaccio with seawater jelly to a lush crème brûlée gussied up with fresh goose liver. CONTACT6th floor, 32 Wellington Street, Central (00 852 2810 9000). About £120 for two with wine

Bars... the most interesting and important bit of Hongkong!!!

One-Fifth
Sophisticated high-ceiling lounge bar for Hong Kong's Beautiful People, located conveniently on the hottest dining block…

Gecko Lounge and Wine Bar
This cosy watering hole is a little hard to find - tucked away as it is down a tiny, dark side-street, under an escalator…

Drop
A plush and trendy late night venue always high in demand. There's a heavy attitude on the door but some of HK's best DJs…

Bocas Tapas and Wine Bar
Ultra-hip Soho spot, recently-opened and serving up a storm both culinary and cocktail…

and last but not least...

Dragon-I (Website)
The Centrium 60 Wyndham StreetHong Kong Telephone:+ 852 3110 1222

The latest see-and-be-seen spot for Hong Kong hip society, among them models, movers and a few celebs. It's divided into a dining area-come-VIP space known as Red Room, and a dance floor and bar space with New York-style booth seating called Playground. Food in the Red Room is mostly Chinese-Japanese fusion which goes down well with the strong cocktails (including sake) and we like the moody glow given off by the red lanterns. Playground is an even better bet though: sink into one of the booths, order a pricey but powerful mojito and check out the boys and babes boogie on the dance floor. There's a long bar to sit at, the beige and bronze décor adds a sexy golden glow and a birdcage at the entrance to an outside terrace area reminds you not to take things too seriously. Of course something this chic is hard to get into but flirt with the doorman and we reckon he'll let you Enter the Dragon.

Shopping

Will follow, when we will have time...

Have fun in Hongkong

Mittwoch, 5. März 2008

Day 2 in Hong Kong

The day started a little bit later than expected. This first class was about the innovation process. Since I have had the pleasure to see Mercedes, Chrysler and BMW innovation process. My learning from that was having a transparent and defined process will improve a companies performance. It is also a valuable tool to be able to compare projects with each other. It guides the process of development. On the other hand it is important to provide "thinking time" within the process.

The Web 2.0 has revolutionized the knowledge management. It has provided the opportunity to engage and participate in the content on the web.

Wikipedia one of the most known tool nowadays to share information. It has challenged big Encyclopedias like Encyclopaedia Britannica. By the way for our German speaking friends, http://www.leo.org/ is an excellent page to help on assignements.

Companies are benefiting from this as well! Documents are shared via platforms like google.docs. Information can be shared a lot faster.

Collective intelligence aggregate collective ‘wisdom’ competitively. “Crowd wisdom” puts together insights of many, usually cooperatively, in various ways. For a definition of Collective intelligence use the link.

A good case to show collective intelligence is the "bean in a jar" test. Paul won it! And received the proposed scype phone!!!! Congrats!

We talked al lot about American elections in this course. An interesting development with the web 2.0 is sharing of videos as well. It can be stated that "youtube" is influencing the elections! The best video is posted by barely political and is showing the Obama Girl!!!

Social software is the hottest item on the market. Aggregation Mechanisms will help to understand the customer through the customer, this software helps you deriving it.

Following are the main aggregation mechanisms listed...

1. Averaging (Jelly beans, Predictify)
2. Market or auction (prediction market)
3. Voting (Millionaire Game)

The exchange of information will benefit the whole group, the ants example, they follow each other and optimise the straight way back "HOME"!

IBM is researching on networks of knowledge relationships, they developed a model as well.

This was it for the second day!

Lets move on...

Dienstag, 4. März 2008

Day 1 in Hong Kong

After a quick Italian lunch, class starts with a little intorduction of the course Technology Innovation . Chris introduced more ideas of the need of creation of innovation. He showed us in a little game, how commodities are cheap and the price competition is very high! And therefore technical innnovation will help to get out of this red ocean industries!

Further it was a insight on the abreviation of R&D in China: R..eplicate and D..uplicate! Coming from Shanghai I can quite understand this funny word game. And the Best Knockoff Is…at Businessweek.com is a good article to look a a couple good counterfeits from all over the world!

Since I have never written a blog, this is going to be an interesting opportunity to learn more about new innovative web tools...

The presentations about the impact of the Asus eee for the PC market went a little bit longer. But showed how diverse the different views from ASUS, APPLE, MICROSOFT or INTEL can be and how boards decide on the future behaviour towards lower priced PC like Asus eee.

Prediction markets will help to estimate comsumer behaviour and the business decisions outcome. An equivalant example is "buying a contract" for the American election. IT reflects the amount a person is willing to pay ("bet") money on the outcome.
In the 80s this method was first introduced for elections at the university of IOWA. The result was a prediction market. Hewlett Packard then introduced it to its sales force and the outcome.

Predicting prices, sales or even new ideas can be predicted within a company. This helps to predict the future. This will help the company to plan future outcomes for the company. The page news.us.newsfutures.com is an expample for a prediction market online. The internet was the main driver and therefore a driving force for this tool of predicting the future.
This method is the best way of making a forecast according to Mr. Schreiber, who has tried various ways to predict and found the prediction market as the best and most reliable.

Inkling.com is a page to create own prediction markets, which can be used in our companies.

The end was to create a blog now. I had one already and I am now done for the day.