Intrapreneurship And New Digital Business Models

Martin Daffner, Dorothy Pun & JP Stevenson

SVP of Strategy & Business Practices at Fung Group | Vice President Digital Commerce at Cobalt Fashion and Founder at Knitup | Chief Commercial Officer at Knitup

as recorded on 3 November 2021 as part of Innov8rs Connect on Venture Building & Scaling

Cobalt Fashion is a long-standing traditional knitwear producer. Over the years, the business has evolved from owning manufacturing assets to specializing in knitwear design, product development and sourcing. Serving big brands and retailers as well as a large number of smaller brands and retailers, Cobalt Fashion specializes in helping it's customers create unique products reliably and consistently. Recently, the company launched Knitup.io, a fully digital solution targeting creators and independent brands. This digital creation and sourcing platform seeks to provide the very best in knitwear product design and production to anyone, anywhere at anytime.

The Knitup team has learned a great deal about creating and launching a digital product solution inside a more traditional analog company, as shared in this session.

About the speaker

With over 30 years of experience driving innovation and building innovation organizations with firms like Procter & Gamble, Cisco and Avery Dennison, Martin comes with world-leading hands-on knowledge and experience turning innovation concepts and ideas into real business outcomes. In 2006, Martin relocated to China to start up the Asia Pacific Innovation Center for a Fortune 500 company and since then Martin has been working with the largest global corporations in China to design and deliver incubation and acceleration programs.

Martin is also an experienced entrepreneur. He began his own innovation practice, working closely with senior business leaders in firms like Johnson & Johnson, Intel, Cisco, L’Oréal, Auchan, Inchcape, and others. Contracted with Cisco Services as their Senior Innovation Architect, where he developed and deployed a ground-breaking business growth program that was awarded the HBR/McKinsey M-Prize for “Innovating Innovation”. Now working at the Fung Group’s Fung Academy, leading their Strategy and Business Practices team.

Dorothy Pun is passionate about building businesses as a force for good. With her management experience in fashion and related industries, covering product development, manufacturing, logistics, brand management, retailing, and digital transformation, she is constantly connecting the dots and looking for ways to innovate the industry and make life better for those in it. In addition, she currently leads two purpose-driven ventures: 22factor.com, a sustainable fashion and lifestyle brand; and Good Deeds, a consulting partnership that helps social enterprises improve their competitiveness and survivability.

JP’s career has been spent across many of the world's least developed regions, working with leaders of Fortune 500 companies and the public sector on developing business models for serving high-growth markets: from ideation and investment, to partnership and PO. At the Fung Group, he leads an internal, global strategy development practice. He is a writer, covering corporate strategy in Asia, regularly published to audiences of 60,000+ executives and by publications including the Harvard Business Review. Named by the American Chamber of Commerce as one of Hong Kong's Future Leaders. He holds a great love for understanding how technology can empower and solve difficult problems, especially for historically underserved groups.He is an American, educated in both China and the West, with experience leading in-country projects across ten countries and five continents. He has worked in a range of industries, from healthcare to heavy industrials to consumer products and manufacturing.

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