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INAUGURAL V3 GROUP PROFESSORSHIP IN FAMILY ENTREPRENEURSHIP LECTURE
Innovation in Singapore based Family Owned Enterprises: Key Insights
15 August 2019
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The Business Families Institute @ Singapore Management University (BFI@SMU) will be delivering the inaugural V3 Group Professorship in Family Entrepreneurship Lecture on Thursday, 15 August 2019. Professor Annie Koh, the first V3 Group Professor of Family Entrepreneurship will be presenting the findings from BFI’s latest research survey on innovation in Singapore based family firms.
An esteemed panel of successful family entrepreneurs will also be joining Mr. Ron Sim, Founder, Executive Chairman and Chief Executive Officer of V3 Group, to share on how families can be entrepreneurial, and how being entrepreneurial creates opportunities for innovation. The panellists are Ms. Michelle Yong, Chief Executive Officer of Found8, Founder of Core Collective and Director of Aurum Land and Aurum Investments, Mr. Mark Lee, Chief Executive Officer of Sing Lun Holdings Pte Ltd and Chief Evangelist of SL Global Pte Ltd, and Mr. Derrick Yap, Chief Executive Officer of PBA Group.
Synopsis
Entrepreneurship and innovation go hand in hand. Where there is no or low innovation, entrepreneurship cannot be sustainable. BFI@SMU recently concluded a 6-month research survey aimed at examining Singapore-based family firms’ attitude and approach towards innovation as they go through various stages of their growth life-cycles.
By considering both internal and external drivers of innovation, the results of the survey led to the conclusion that commitment, capability and collaboration are critical to impact family firms’ innovation journeys and sustainable growth going forward.
In this inaugural V3 Group Professorship in Family Entrepreneurship Lecture, Professor Annie Koh will share her insights into the findings of the survey and discuss how business families can build an enduring entrepreneurial spirit and innovative culture through an ecosystem approach.
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Date:
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Thursday, 15 August 2019
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Time:
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10.30am to 12.00pm (Registration starts at 10.00am)
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Venue:
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Mochtar Riady Auditorium
Singapore Management University
Administration Building, Level 5
81 Victoria Street
Singapore 188065
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Time
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Programme
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10.00am
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Registration
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10.30am
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Welcome Address by Professor Gerry George
Dean and Lee Kong Chian Chair Professor of Innovation and Entrepreneurship, Lee Kong Chian School of Business, Singapore Management University
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10.40am
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Inaugural V3 Group Professorship in Family Entrepreneurship Lecture by Professor Annie Koh
V3 Group Professor of Family Entrepreneurship, Professor of Finance (Practice), Academic Director of Business Families Institute, and Vice President of Business Development, Singapore Management University
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| 11.10am |
Panel Discussion moderated by Professor Annie Koh
• Mr. Ron Sim, Founder, Executive Chairman and CEO, V3 Group
• Ms. Michelle Yong, CEO, Found8, Founder, Core Collective, and Director,
Aurum Land and Aurum Investments
• Mr. Mark Lee, CEO, Sing Lun Holdings Pte Ltd, and Chief Evangelist,
SL Global Pte Ltd
• Mr. Derrick Yap, CEO, PBA Group
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| 11.40am |
Q&A Session
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| 11.55am |
Closing Remarks & Presentation of Tokens of Appreciation
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12.00pm
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End of Lecture
Lunch Reception
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Speaker
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Professor Gerry George, Dean and Lee Kong Chian Chair Professor of Innovation and Entrepreneurship, Lee Kong Chian School of Business, Singapore Management University
Professor Gerry George is Dean and Lee Kong Chian Chair Professor of Innovation and Entrepreneurship at Lee Kong Chian School of Business at Singapore Management University. He is a visiting professor at Imperial College London and Erasmus University.
Prior to SMU, Professor George was Deputy Dean of the Imperial College Business School, Director of the Gandhi Centre, and Academic Director of the Elite Programme, which collaborated with the London Stock Exchange to grow ambitious private companies.
An award-winning researcher and teacher, Professor George has published over 100 articles in leading journals, served as Editor of the Academy Management Journal and co-authored three books on entrepreneurship. He was awarded a prestigious Professorial Fellowship from the UK's Economic and Social Research Council to work on socially-inclusive innovation and is also a Fellow of the City & Guilds of London Institute and the Royal Society of Arts, Manufactures and Commerce. He serves on the Board of AACSB International and BML Munjal University. Council of the Monetary Authority of Singapore tasked to redraft the Corporate Governance Code of Singapore in 2017.
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Speaker & Moderator
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Professor Annie Koh, V3 Group Professor of Family Entrepreneurship, Professor of Finance (Practice), Academic Director of Business Families Institute, and Vice President of Business Development, Singapore Management University
Professor Annie Koh is Vice President of Business Development, V3 Group Professor of Family Entrepreneurship, Professor of Finance (Practice) at Singapore Management University (SMU). She is also the Academic Director for two-university level institutes – the Business Families Institute and International Trading Institute.
A notable conference speaker, panel moderator and commentator, Professor Koh is a member of the World Economic Forum Global Future Council on New Social Contract, a board member of Keppel Prime US REIT, Prudential Assurance Company Singapore Pte Ltd, Singapore Central Provident Fund, Health Management International Ltd and Family Firm Institute, Inc. She chairs the Asian Bond Fund 2 Supervisory Committee of Monetary Authority of Singapore and Finance & Investment Committee of GovTech Singapore, and serves as an advisor to startup firms.
A Fulbright scholar, Professor Koh earned her PhD in International Finance from Stern School of Business, New York University (1988), and is awarded the Singapore Public Administration Medal - Bronze (2010), Silver (2016), and the Adult Education Prism Award (2017) for her contributions to the education and public sectors.
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Panellists
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Ron Sim, Founder, Executive Chairman and CEO, V3 Group
Ron Sim is the Executive Chairman and CEO of V3 Group and is responsible for the formulation of the strategic direction of the group. As a brand creator and developer, V3 Group is an Asian luxury group in the lifestyle and wellness markets (OSIM, TWG Tea, ONI Global (GNC, LAC, Xndo), Futuristic Store Fixtures), targeting a broad and affluent consumer demographic.
Under his leadership, OSIM was publicly listed on the main board of the Singapore Exchange (SGX) in July 2000. Today the V3 Group operates a wide point-of-sales network, through the 3 specialty retail brands of OSIM, TWG Tea and GNC, with more than 670 outlets in 141 cities, across 24 countries in Asia, Oceania, the Middle East, Europe and North America. Over the years, Mr Sim has won several awards and has been recognized for these personal achievements through the Ernst & Young ‘Entrepreneur of The Year 2003’, the Business Times ‘Businessman of the Year 2003’ award and the Singapore Corporate Awards (2012) ‘Best CEO Award’.
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Michelle Yong, CEO, Found8, Founder, Core Collective, and Director, Aurum Land and Aurum Investments
Michelle Yong is a 4th generation family business leader in Woh Hup and Director at Aurum Land, a subsidiary and real estate development company. In 2016, she started Collision 8, a co-working space and innovation community that brings together entrepreneurs, investors, corporates, and family business owners in downtown Singapore. Collision 8 has now merged with Found., and is now known as Found8.
Following on from Found8, she started a new business concept, Core Collective, which is a collaborative health and wellness community and coworking centre that fosters entrepreneurship and facilitates cross-sharing of knowledge within a curated environment. She has also launched a corporate venture fund, Aurum Investments, which invests in startups that have synergies with the group's core businesses.
Michelle triggers corporate innovation from within, and has brought to Aurum the innovative mindset, attention to detail, and rigor that she learned as a consultant, and has since grown it to an award winning $100 million+ business.
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Mark Lee, CEO, Sing Lun Holdings Pte Ltd, and Chief Evangelist, SL Global Pte Ltd
Mark Lee is the Chief Executive Officer of Sing Lun Holdings Pte Ltd, and Chief Evangelist of SL Global Pte Ltd. In December 2016, Mark led the merger of SL Global with the Crystal Group in Hong Kong, now known as Crystal International Group Limited (CIGL) and became Asia’s leading garment solution provider for world’s leading brands with a market cap of close to US$3B.
Mark serves as President for Singapore Textile and Fashion Federation, and Chairman of Textile and Fashion Federation Training Centre, besides his commitments in other associations and committees. He was awarded ‘Most Outstanding Entrepreneur’ during the Asia Pacific Entrepreneur Awards 2010 in Singapore, and was also the winner of the prestigious Ernst & Young (EY) Entrepreneur of the Year (Manufacturing) 2015.
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Derrick Yap, CEO, PBA Group
Derrick Yap is the Chief Executive Officer of PBA Group, driving the company’s strategic direction, and transforming PBA to a regional powerhouse in robotics and automation. Through his leadership, PBA Group executed synergistic mergers and acquisitions, growing to an enterprise with over 30 companies, and 500 staff across 10 countries.
Beyond his corporate responsibility, Derrick has a strong passion in promoting entrepreneurship. He founded the Robotics Automation Centre of Excellence (RACE) as an educational platform to drive Industry 4.0 adoption, and an incubation lab to groom next-gen leaders in robotics and engineering - both as part of his overall vision to grow a Technology 4.0 ecosystem.
Derrick was the winner of the Promising SME 500, Enterprise 50 and EY Entrepreneur Of The Year 2017 (Diversified Engineering) and Overall Winner of the Established Entrepreneur of the Year Award 2018 (EYA). He is also the council member of South West Community Development Council (CDC) and a member of the Council for Skills, Innovation and Productivity (CSIP) committee.
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About V3 Group Limited
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Headquartered in Singapore, V3 Group owns numerous leading luxury and wellness brands which includes – OSIM, TWG Tea and ONI Global (GNC, LAC, Xndo), promoting and inspiring a healthy lifestyle to a broad and affluent consumer demographic across Asia. The Group also owns Futuristic Store Fixtures, which supports some of the world’s leading retail brands. V3 Group has a history of impressive brand creation and development, a deep understanding of the consumer market and retailing, and a presence in over 100 cities in 26 countries around the world.
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About BFI@SMU
Since 2010, the Singapore Management University (SMU) had recognised the emergence of Asian business families and discerned that they require specifically contextualised thought leadership and applied knowledge. In response to the growing needs of business families in Asia, SMU established the Business Families Institute (BFI) in August 2012.
BFI@SMU collaborates with various partners, academic or practice, to be a leader in Asian business family-related knowledge. The Institute also encourages business families to Think Generations, Think Growth, Think Giving and Think Global. In doing so, BFI@SMU addresses business family-specific issues such as succession, family governance, entrepreneurship and wealth management. The mission of BFI@SMU is to enable business family members to be engaged and responsible stewards of their families, businesses and communities, through education, research and ecosystem support.
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bfi [at] smu.edu.sg (subject: Registration)
http://bfi.smu.edu.sg
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