Alpha Catalyst Consulting Malaysian Innovation Climate Report 2010

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GIT Malaysia Award Ceremony and Forum (Gen Y and Innovation)

Agenda

2.00 pm – Arrival of participants and guests.

2.15 p.m. – Keynote address by host of Global Innovation Tournament Malaysia

Azim Pawanchik, Principal Consultant, Alpha Catalyst Consulting

2.45 p.m. – Panel session on Innovation and Gen Y (Youth below 30) in Malaysia

· Expectations of the corporate sector from Gen Y & Universities.
· Expectations of the Universities towards the corporate sector and Gen Y.
· Expectations of the Gen Y towards Universities and the corporate sector

3.45 p.m. – Prize Giving Ceremony

4.45 p.m. – Press Conference for Stanford GIT in Malaysia

5.30 p.m. – Session ends

TEA

Organized by: Youth Entrepreneurs Malaysia (YEM), UNIRAZAK & Alpha Catalyst Consulting

RSVP: git@alphacatalyst.com (Please indicate names of attendees)

Press release from Stanford on Global Innovation Tournament 2009

STANFORD, Calif. - (BUSINESS WIRE) - "Make Saving Money Fun." That's the task that thousands of students of all ages from at least 51 countries will tackle in the next week in response to a challenge unveiled yesterday by the Stanford Technology Ventures Program. And the students' actions just may help people find a way through the global recession.

Free to interpret the challenge any way they want, students have just eight days to come up with innovative solutions and convey their results in a short video posted to YouTube. Called the Global Innovation Tournament 2009, the competition is organized by STVP at Stanford University for Global Entrepreneurship Week and run locally by over 100 universities, schools and other organizations. The global sponsor for the competition is Intuit Inc., a leading provider of financial management solutions for consumers and small businesses.

An official activity of the week, the competition is designed to inspire students to work in teams, challenge assumptions, seize opportunities and be creative. Most of all, it gives them a taste of what it's like to be entrepreneurial; students must deliver results while working with tight constraints, such as limited time and resources. Great ideas are not enough - they actually need to implement their ideas. Local and then global judges will determine who has had the biggest impact during the eight days.

Past versions of this competition involved giving students a common object, such as Post-it Notes, rubber bands, or water bottles, and challenging them to create as much value as possible from these objects in a few days. Teams invented products, raised and donated money, composed music, entertained, helped the disabled, made political statements, educated children, and much more.

Producer, Quincy Jones, III, and Grammy-Award winning hip-hop artist, Chamillionaire, helped launch the tournament live at Stanford yesterday afternoon in front of 1,700 people. They shared their experiences as entrepreneurs who use the very skills that tournament participants must draw upon and talked about innovation in the changing music industry. The local winners in most locations will be announced during Global Entrepreneurship Week, Nov. 16-22, and global winners will be announced online on Thursday, Dec. 3, on www.unleashingideas.org.

"This competition is a condensed, entrepreneurship immersion experience," said Jonathan Ortmans, president of Global Entrepreneurship Week. "It's enormously empowering for the students to realize they can create value from virtually nothing. This is the fourth time STVP has run this competition, and the results are always astounding."

Added Tina Seelig, the creator of the competition and the executive director of STVP: "This year's challenge addresses a global problem, the recession. It has had a devastating effect on companies, individuals, communities, and entire countries. Those who have been least affected either have financial reserves to draw upon or know how to do more with less. We want to show students that even the world's most serious problems can be turned into wonderful opportunities and generate a positive impact."

Intuit's chief innovation officer, Kris Halvorsen, said that the challenge could yield new ways of thinking about personal finance.

"Entrepreneurial students collaborating to solve an important problem that has global impact is right in line with Intuit's fast-paced, innovation-centric culture. And, in this economic downturn, Intuit is more focused than ever on helping consumers and small businesses save and make money," Halvorsen said. "As ardent supporters of the next generation of innovators, we applaud Stanford's open approach to uncovering fresh ideas that will positively affect how people create value and make and manage their money."

This competition is the beginning of thousands of celebrations that will mark Global Entrepreneurship Week, which was co-founded by the Ewing Marion Kauffman Foundation and the UK's Make Your Mark campaign. More than 85 countries are preparing a variety of activities and challenges.

There is still time for students and organizations interested in participating in the Global Innovation Tournament to jump in. Details are available at http://www.unleashingideas.org/tournament.

About Global Entrepreneurship Week

With the goal to inspire young people to embrace innovation, imagination and creativity, Global Entrepreneurship Week will encourage youth to think big, turn their ideas into reality, and make their mark. From Nov. 16 - 22, 2009, millions of young people around the world will join a growing movement to generate new ideas and seek better ways of doing things. Tens of thousands of activities are being planned in dozens of countries. Global Entrepreneurship Week is founded by the Ewing Marion Kauffman Foundation and the Make Your Mark campaign. For more information, visit www.unleashingideas.org, and follow @unleashingideas on Twitter.

About the Stanford Technology Ventures Program

The Stanford Technology Ventures Program (STVP) is the entrepreneurship center at Stanford University's School of Engineering. Hosted by the Department of Management Science and Engineering, STVP is focused on advancing business skills and research insights that will help entrepreneurial leaders use innovations to solve major world problems, with an emphasis on the environment, human health, information technology, and other global issues. STVP creates scholarly research on technology-based firms and teaches entrepreneurship skills to graduate and undergraduate students across campus. STVP's outreach programs include a free podcast and video website featuring entrepreneurial thought leaders (http://ecorner.stanford.edu) and conferences for entrepreneurship educators worldwide. http://stvp.stanford.edu

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks, Quicken and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries and Lacerte are Intuit's leading tax preparation software suites for professional accountants. The company's financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.

Founded in 1983, Intuit had annual revenue of $3.2 billion in its fiscal year 2009. The company has approximately 7,800 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.

Intuit, Quicken, and QuickBooks, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

Post-it is a registered trademark of 3M.

for the Stanford Technology Ventures Program
Global Innovation Tournament
Theresa Lina Stevens, 415-203-1800
media representative
theresa.lina@stanford.edu
or
Global Entrepreneurship Week
Mark Marich, 202-467-2774
media representative
mmarich@unleashingideas.org
or
Intuit Inc.
Allison Green, 650-944-2512
media representative
allison_green@intuit.com

AND THE MYSTERY CHALLENGE IS...

Today, one of the world’s most pressing problems is the global recession, which has had a devastating effect on individuals, communities, companies, and entire countries. Those who have been least affected know how to build financial reserves to draw upon and/or how to do more with less. However, many people around the world view these as difficult or unpleasant to do. Let's do something to change that!

Your challenge is to... MAKE SAVING MONEY FUN!

Create as much value and have as much impact as possible while making it fun to save money.

- Remember that "saving" can be defined in lots of different ways.

- Impact comes in many different forms: financial, educational, artistic, humor, awareness, behavior changing, relationship building, peacemaking, etc.

- And, of course, there are LOTS of ways to have fun!!

We encourage you to come up with products, services, experiences, or anything else you can imagine... Feel free to act locally or globally, and to think small or BIG.

You must actually implement your ideas and deliver results.

Details: http://www.unleashingideas.org/tournament/participate

Time to take the local global. Get ready for global challenge launch

Dear GIT Malaysia participant,

Lets gear up for the next exciting wave!! The stakes are higher this time. Tickets to China/ Time with AirAsia X CEO/Porsche experience/ and many more.

PLEASE READ THE FOLLOWING CAREFULLY.

The global challenge will be released on the 4th Nov 6.30pm (GMT-8) which equals Thurs Nov 5th 10.30am (Malaysian time).
Submission dateline is on the Fri Nov 13th 9.00am (GMT-8) which equals Sat Nov 14th at 1.00am (Malaysian time).

Here's what you need to do:

1. Register your team in Malaysia (www.gitmy.blogspot.com) and globally (http://www.unleashingideas.org/tournament/participate).We cannot track if you have/have not registered at the global site. This will help us contact you if your video is chosen as a winner locally. You must register before the 13th of November.

2. Learn as much as possible about GIT at a global level. Remember that you need to create as much VALUE as possible and judging is based on content and not the quality of video production (even though there may be an award for this). You need to submit -
How did you create value and how do you measure it (less than 1000 words)

* Remember that judges will give more weight to projects in which teams actually implement their ideas rather than simply talk about their ideas.
* Make sure that your video is NO LONGER than 3 minutes (ideally 90sec max).

3. Upload your video to youtube. Please tag it correctly - "stanfordgit09" .

Remember to send your link (include video title, team leader's name, team members name) to us (git@alphacatalyst.com) and upload your entry at the global site (http://www.unleashingideas.org/tournament/submit).

4. When registering globally, the

** Country - should be put as 'Malaysia' not your country of origin (if you are not Malaysian). This will route your videos to us for judging.
** Local organizer - choose 'Others' - then put in ACC (short for Alpha Catalyst Consulting). * This may change as the global organizers are updating the site.

5. Get as many of your friends to join in too!! Let's get winners at the global level!

870 teams from 40 countries have signed up for Stanford's Global Innovation Tournament

Directions for Participating in the GIT

(Malaysian team remember to register both locally and globally)

Entrepreneurship is all about leveraging resources and taking action with the goal of creating value and impact.

The 2009 Global Innovation Tournament (GIT) is a fast-paced competition that will challenge student teams to solve a mystery challenge in about eight days, creating as much value and impact as possible. Teams must then convey their results in a short video (three minutes or less) posted to YouTube. The mystery problem will be revealed on November 4 (GMT-8) and submissions will be due Nov 13 (GMT-8). In the past, the assignments involved common, everyday objects. This year it’s a different kind of challenge. What will it be?

• Sign up for the Global Innovation Tournament by clicking on the button to the right
• To receive email updates, add your email address to the Newsletter mailing list on the right
• Students are encouraged to form teams to take on the challenge. We recommend no more than 15 members.
• Create a Youtube account where you will upload your video
• We will reveal the specific challenge on November 4, at approximately 6:30 p.m. Pacific time (GMT-8).
• Create value using the assigned challenge, document your work, and create a video that is three minutes or less. (For best results, we recommend a maximum of 90 seconds.)
• After you finish your video, upload it to Youtube and give it the tag "stanfordgit09" and add it to the group "stanfordgit09".
• Return to this site and submit the Youtube video URL.
• Video submissions are due by Fri, Nov 13 at 9 a.m. Pacific time (GMT-8).
• Videos will be evaluated based on the content and creativity, not video production quality.
• All videos will be viewable by the general public.
• Global winners will be announced online on Thurs, Dec 3

The WINNER for GIT Malaysia 2009

The WINNER for GIT Malaysia 2009 goes to Soo Jin Yun's Team from Catholic High School! They shall receive RM1006 plus a session with corporate leaders and innovators at ENAK KL, Starhill. We hope this we help them connect with corporate leaders to realize their dream.

They were selected because of the value that was created (collection of dreams, 1000 pledges and creation of the pencil tower) They also exhibited courage by connecting with complete strangers for the cause that they believed in.

Congratulations to the team.