https://www.scmp.com/rss/323099/feed Leo Ng is the head of the Hong Kong office and director of greater China operations at Accenture en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com As the growth engine in China sputters, many industry sectors are struggling to maintain the momentum while finding new growth drivers. This is especially true for the manufacturing sector, which is suffering from weak demand and overcapacity. Revenue growth has slowed, profitability has stagnated and in some cases declined. But digitally enabled business models could be a game-changer. Grasping the opportunity and taking full advantage of digital levers, however, is easier said than... https://www.scmp.com/business/companies/article/2111291/rotating-new-achieve-both-digital-and-financial-high-performance?utm_source=rss_feed https://www.scmp.com/business/companies/article/2111291/rotating-new-achieve-both-digital-and-financial-high-performance?utm_source=rss_feed Fri, 15 Sep 2017 02:12:37 +0000 Hong Kong has long been one of the key conduits for trade between China and the rest of the world. And although its role as the hub for manufacturing trade may be waning as the growth of global trade in goods slows, that doesn’t mean there isn’t room for reinvention. The “Belt and Road Initiative” obliquely refers to the historic, often romanticised Silk Road, which put China at the centre of trade. This new route once again puts Greater China at the epicentre of connectivity between more than... https://www.scmp.com/business/global-economy/article/2106429/hong-kong-must-embrace-digitally-enabled-trade-tap-belt-and?utm_source=rss_feed https://www.scmp.com/business/global-economy/article/2106429/hong-kong-must-embrace-digitally-enabled-trade-tap-belt-and?utm_source=rss_feed Fri, 11 Aug 2017 08:41:23 +0000 Hong Kong is positioning itself as a regional centre for innovation. We have become a hub for technology summits such as this week’s Rise conference and a base for fintech accelerators and start-ups, which house themselves in Cyberport. Encouraging innovation makes good business sense. Consider artificial intelligence. New research from Accenture reveals that businesses that successfully apply AI could increase profitability by an average of 38 per cent by 2035. AI is a shining example of... https://www.scmp.com/business/companies/article/2102533/eight-strategies-prepare-ai-your-business?utm_source=rss_feed https://www.scmp.com/business/companies/article/2102533/eight-strategies-prepare-ai-your-business?utm_source=rss_feed Sat, 15 Jul 2017 03:00:13 +0000 Managers of multinational companies operating in China have long been lured by the China dream: billions of potential customers. Old hands know the challenges are myriad. What worked in other markets didn’t necessarily work in China. It has also taken multinational executives some time to shake off a naive idea of seeing China as a constant haven immune to world economic downturns. While this experience has jaded some, our view at Accenture is that within the next decade we expect a new era to... https://www.scmp.com/business/companies/article/2002935/triple-strategy-chinese-success?utm_source=rss_feed https://www.scmp.com/business/companies/article/2002935/triple-strategy-chinese-success?utm_source=rss_feed Fri, 12 Aug 2016 10:19:57 +0000