Category Archives: Business Strategy

Improving biotech status of Hong Kong

The Hong Kong Jockey Club Institute of Chinese Medicine recently signed a memorandum of understanding (MOU) with Canada’s national food and biotech research institute AFMNet, one of four between Hong Kong and Canadian organisations.



AFMNet Chairman Dr Murray McLaughlin says the MOUs help to develop the research and expertise available on the medicinal benefits of plants, by using Chinese herbal techniques. Co-operation will hasten Hong Kong’s goal to become a regional biotech center. There are also benefits for Hong Kong institutes in using the Canadian synchrotron, the light beam technology that facilitates analysis and diagnostic work across wide industrial and agricultural fields. It could make sense for Hong Kong to develop its own synchrotron, Dr McLaughlin adds.




About this Video: This video has been produced by HKTDC Hong Kong Trade Development Council (www.tdctrade.com), which is the global marketing arm and service hub for Hong Kong-based manufacturers, traders and service exporters, with more than 40 offices worldwide. Thanks to Irene Wong, the Webcast Producer of HKTDC for sharing the video. She can be reached at: tdctrade [at] tdc.org.hk ; MyOrbit will continue to show business update videos of Hong Kong and Asia-Pacific region.

IMF Economy Update and Thoughts for You

The International Monetary Fund (IMF) will revise its figures for global growth after the recent financial tumult. The largest downward revision is expected for the U.S. economy but the IMF says growth will likely slow in Japan and parts of Europe as well. Contributed by: BusinessCenter.TV -Sep 7, 2007


This video was selected by WeShow

My reading of the situation: it’s not bad at all compared to the difficult times we have seen before over the last 2 decades; so let’s not get jittery for every pothole on the road. And as far as I know, businesses that are using online channels today to reach customers worldwide are really growing at an attractive pace. So if you are deriving over 90% of your revenues from offline methods – BDMs, Sales Staff, Channel Partners, etc- you are at risk. I have absolutely no doubt in that because your cost structures are just too high compared to your competition which may be using online methods to get up to 50% of their revenues. I can say this because we recently helped a business in increasing the online sales component while reducing the sales force effort. It’s possible and it’s happening.

Stay Tuned!
Shankar AVSB, CEO, MyOrbit.tv

What Motivates You to Perform?

Here’s a great presentation by Dr Patrick Dixon for MTN Mobile & Telecom. Dr Dixon is a business thinker and futurist. His Web TV site has more than 10 million unique users. He is Chairman of Global Change Ltd, author of twelve books (455,000 printed in 22 languages) including Futurewise and Building a Better Business, has spoken to audiences in 50 nations, and has been ranked as one of the 20 most influential business thinkers alive today.




In this video, he speaks about: How to make things happen. Connect with passion. Managing uncertainty with rapid change. Leadership styles. Why people get out of bed in the morning. How to motivate teams at work to do great things. Business management. Secret of leadership and ultimate leadership speech. Business ethics and values in corporations. Secrets of business success and increased productivity. Cutting costs. Increasing output. Adding shareholder value. Sustainable business success. Work life balance and lessons from non profits / volunteering. Why building a better world is such a powerful motivation.

McKinsey: How can businesses use Web 2.0?

McKinsey Quarterly, in one of their recent survey reports tells how businesses are using Web 2.0, or want to use it. As always, their survey is very well presented, and most points are valid. Now, here are our notes from it for you:

Over 75% executives who responded to the survey intend to maintain or increase their investments in Web 2.0 technology trends that encourage user collaboration, such as peer-to-peer networking, social networks, and Web services.

The report also talks about some executives wanting to these technologies for a sustained competitive edge.

Now, in our view, while ‘sustained competitive edge’ is unlikely by any people driven Web 2.0 technology, it is already bringing benefits and profits for those early adopters who are able to understand what to do.

For example, are you able to use your websites to pre-sell your services? Or are you collecting enough information from your online clients and prospects? Or do your teams collaborate enough, and also keep client in the loop?

All these things can earn more revenues while reducing costs = more profitability. And this isn’t not some textbook equation…it’s happening already!

So if you haven’t got a clue where to start in your business, contact us, and we will show you at least 2 ways to rapidly benefit.

Why Sales Deals Stall?




If you are into any forms of customer interaction or sales, you will benefit from this interesting sales training video by Dan Lappin of Caskey Training, where he shares “why sales deals stall”. It’s just 6 minutes long and worth watching full. You’ll learn three sales strategies that can improve your ability to control the sales process, improve your credibility, and will have your customers pursuing you. This video has been popular with audience at Myorbit from the time we started last year in 2006. So thanks very much to Dan Lappin.