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Transcript of Hp high potential
It's Your Business
Business and Financial Acumen– An Entrepreneur's Sharing
HP High Potential Workshop
Charles Mok
June 11, 2010
Digital Equipment Corporation, 529 Bryant Street, Palo Alto, California (Palo Alto Internet Exchange) Windows NT / RISC worksystems
Adjusting our business and financial decisions
Rapid technology cycle changes Funding/cashflow Competition PNETS and local
telecom charges New T&T
Internet bandwidth 'Cross subsidy' Customer service New T&T Center (now Wharf T&T Center)
Macro environment Investors and overall economic environment
1994-1995: from internal project to management-initiated buyout
1995-1998: rapid growth, cross subsidy 1998: effects from Asia financial crisis
'Timing' Acquisition by CCT and then NTT IPO
Funding A pre-VC-era startup
Summary: some tips to think about
Strategic vision Innovation Know your market
Prudent financial management Cost control is most important Eternal fundraising
Contingency planning External factors: market, economical, people
Leadership
Leadership
Motivate Manage expectations Hire the best people Communicate openly
Be a listener Delegate Lead by example
莫乃光 Charles Mok
http://www.charlesmok.hk
http://www.isoc.hk