Hp high potential

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It's Your Business Business and Financial Acumen – An Entrepreneur's Sharing HP High Potential Workshop Charles Mok June 11, 2010

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, South Street, Shrewsbury, Massachusetts RA90 'Thin Film Heads'

Digital Equipment Corporation, Augustine Drive, Santa Clara, California Ultrix Pathworks

Digital Equipment Corporation, 529 Bryant Street, Palo Alto, California (Palo Alto Internet Exchange) Windows NT / RISC worksystems

HKNet

Your own business

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

[email protected]

http://www.charlesmok.hk

http://www.isoc.hk