Are people an asset or a liability? For decades, accountants have categorized employees as a liability due to their salaries and future pensions. But in an era where more companies offer services instead of goods, and CEOs often talk about employees as their greatest assets, it is time for the 21st century ledger to match current rhetoric.
Referring to the recent researches in “Value Driven Transactions Brochure v10 2017” by EY, 70% of acquisitions failed to perform the projected synergies, 85% of failed acquisitions are attributable to mismanagement of cultural issues. Hence, it is crucial for C-suite management to pay attention on how to assess the value of Human Capital properly. Human capital as an overarching element that should be addressed at every stage of a transaction.
This seminar is to share, from the eyes of both human capital expert and professional valuer, on what and how to link-up between the values of human capital and companies to present the right pictures to the broad, stakeholders as well as prospects in the market.
– Human capital from investment perspective
– Financial focus on human capital during transaction
– Maximizing competitive advantage with human capital
– Related existing practices in financial reporting
– Human capital valuation approaches
– ISO human capital reporting standards
Peter Yip (MBA, CPLP, FHKIB, FHKIoD, FHKSoE), CEO of CSG Consultancy
Peter Yip has more than 20 years of human resource management and consulting experience in leading financial institutions, including JPMorgan, Chase Manhattan Bank, Standard Chartered Bank, ABN AMRO Bank and The Bank of East Asia. Apart from practical banking experience, Yip specializes in organizational integration, leadership alignment, change management, culture development, performance management and feedback management. Before starting his own training and consulting business, Yip was the Head of Learning & Development, North Asia in JPMorgan. He had been instrumental in helping JPMorgan develop new leaders, build new cultures and implement new learning strategies after the successful mergers of Chase Manhattan Bank and Chemical Bank, and integration of Chase Manhattan Bank, JPMorgan and Jardine Fleming. Yip is a seasoned and professional consultant in the market. He has led many successful consulting projects and facilitated hundreds of training programs in over 15 countries in USA, UK, Europe and Asia Pacific region. Yip is also a popular global speaker. He always gives visionary and thought-provoking speeches and presentation in the West and the East such as the American Society for Training & Development Conference in London, the Summit on Globalization of Human Resource in Taiwan, the Institute of Human Resource Management in Hong Kong, etc.
Victor Siu (CFA, AICPA), Director, Business Valuation & Transaction Advisory of Greater China Appraisal Ltd
Victor Siu has over 12 years of experience in the finance sector, with this current role as the Head of Business Valuation and Transaction Advisory at Greater China Appraisal Ltd (GCA). He began his career as a financial analyst with Canada’s Ministry of Finance, and spearheaded new income-generating tax programmes under the Revenue Division. Since returning to Hong Kong in 2008, Siu spent the majority of his time in the investment banking field. Started off as an investment banking analyst with Daiwa Capital Markets, where he completed numerous public and private fundraising transactions, including IPOs, M&As, convertible bonds and etc., with a focus on technology, resources and renewable energy sectors. After his time with Daiwa Capital Markets, Siu joined UBS AG as a Director with the China team, where he focused on deal origination and execution in the Asia Pacific region, and left his mark of a number of landmark transactions. With a strong track record of fundraising for startups to blue-chip companies under his belt, Siu co-founded one of the fastest-growing P2P investment platforms in Shenzhen. As the CEO of the company, Siu helped built up the company from scratch, and was responsible for its operation, finance, human resources, legal as well as marketing departments.