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The theme of this year’s Ernst & Young Entrepreneur Of The Year China awards program is “Achieving growth through innovation”. This theme reflects China’s role as an important powerhouse of the global economy, with the efforts and wisdom of Chinese entrepreneurs acting as important pillars of this growth. Their drive to innovate and their persistence in achieving success have played a significant role in China’s global expansion. Their innovation gives their companies a competitive edge in the fight for market leadership.
Innovation means turning technology and ideas into new products, developing business processes and services that enhance value, and thereby accelerating the kind of economic growth that raises living standards. This award program has given us the opportunity to meet with many outstanding entrepreneurs in mainland China and Hong Kong. We are impressed with their drive and abilities, their adventurous spirit in exploring uncharted territories and their persistence in achieving success. What is even more significant is the number of people they inspired and motivated in the process of their achievements.
The Ernst & Young Entrepreneur Of The Year China program provides a national platform to celebrate the achievements of exceptional business leaders. We believe their experiences are truly noteworthy and deserve to be brought to the attention of enterprises within China as well as overseas.
A global Ernst & Young research project on past winners and finalists of this award found that the passion for innovation that started entrepreneurs on their journey has to be protected and nurtured. The report, “Connecting innovation to profit”, found that as a business grows it is easy to extinguish creative spark with a stifling layer of process and bureaucracy.
The study found that businesses must make innovation a more targeted, strategic and funded priority. It also underscored the importance of applying that creativity so that people can see these ideas in action. We believe that you will be enlightened by the success stories of this year’s winners - they have the courage to innovate and explore new horizons and act upon their competitive instincts.
Thank-you to all those involved in making the Entrepreneur Of The Year program a great success over the years. We congratulate the 2011 winners and wish them every success in the future.
Joe Tsang Ernst & Young Entrepreneur Of The Year 2011 China Co-Chairman
Terence Ho Ernst & Young Entrepreneur Of The Year 2011 China Co-Chairman