Treating our employees as family, we provide training and development opportunities to allow them realise their full potential in a healthy, safe, and respectful working environment.
Our Global Innovation Award encourages colleagues from different locations and parts of the business to share ideas on how to improve our products, services, use of technology, workflow and business model. After employees have voted for their favourite ideas, our panel of judges selects the winning entries from a shortlist in the final round.
In FY2022, winners received accolades for their creative business proposals, including optimising cyanide-free electroplating solution to create a more eco-friendly production process and establishing an online platform to enable data sharing with customers and business-to-business ("B2B") inventory replenishment. Currently, we have been adopting the winning proposals in our operations.
In addition to fostering intrapreneurship among our own workforce, we want to promote the spirit of entrepreneurship among the younger generation. In FY2022, our "Boutique of Mine" competition gave university students an opportunity to gain experience in branding and marketing by planning and designing the most creative "pop-up" store. The challenge attracted over 2,000 university students, who submitted 243 creative ideas to win gifts and cash prizes. Some of the most outstanding entrants received personal referral letters from Chow Tai Fook senior management.
Now in its third year, this competition aims to encourage the younger generation to be creative and explore their potential. It also helps to build Chow Tai Fook as an employer brand by attracting young people to the jewellery industry.
In addition to our regular employee training programmes, we have committed to fostering a spirit of intrapreneurship among our workforce. To this end, we organised a variety of initiatives to transform employees into self motivated and open minded leaders, who act like entrepreneurs within our Group.