There’s a new business movement percolating in Hong Kong which is causing companies, large and small, to re-think how and why they will operate in a post-pandemic society. The concept of embedding purpose, as well as profit, in business strategy has been introduced to members of the British Chamber of Commerce by the Hong Kong chapter of a global initiative which has grown out of Harvard Business School.
AMTD Group has been a pioneer in cultivating Hong Kong’s innovation entrepreneurship and contributing to Hong Kong’s society through its proprietary SpiderNet ecosystem. By joining Shared Value Project Hong Kong, AMTD will have the opportunity to share its experience and resources with other business leaders and practitioners who are implementing Shared Value strategies to jointly propel Shared Value adoption in Hong Kong and the Greater Bay Area.
With the pandemic’s centre of gravity moving away from Asia, the region has begun to celebrate positive trends in the fight against COVID-19. A significant milestone has been for our colleagues across Asia to return to the office. As we approached this process, we recognised that the pandemic has also put renewed pressure on longstanding concerns over mind health, including in the workplace.
G For Good believes doing good is a fundamental value and aims to reinject purpose into business, a subsidiary of New World Development, co-founded by Adrian Cheng and Garrick Lau, G For Good advocates and supports various social innovation projects, including to provide resources in discovering, developing and incubating social entrepreneurial projects, organise conferences and workshops to spread Creating Shared Value in the community.
On World Mental Health Day on 10 Oct. 2019, corporate Members of Shared Value Project Hong Kong (SVPHK) announced a collective pledge to improve mental well-being in their workplaces and reduce stigma on mental health topics in Hong Kong. Pledging Members include Accenture, AIA Hong Kong, AXA, Barclays, EY, Nestlé, Tricor Group and The Executive Centre, representing prominent businesses in Hong Kong from diverse industries and with large workforces and customer bases.
Global challenges are more apparent than ever. In an increasingly volatile, complex and uncertain environment it requires resilience for businesses to survive, let alone thrive. From every crisis, opportunities arise to innovate and a shared value culture opens up strategic possibilities and will differentiate an organization whilst simultaneously driving the next wave of innovation, productivity and economic growth.
Message from our Chairman: I am pleased to announce that Gaëlle Loiseau has been appointed to the position of CEO of Shared Value Project Hong Kong effective 3 June 2019, replacing Kathryn Greenberg, who is moving on to new endeavors.
Last month, we convened eight diverse organisations to define a shared vision and high-level roadmap for tackling the mental health problem in Hong Kong, at a Vision-setting and Scoping Workshop delivered by Accenture.