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UST011/PPT/1308

HBP Product No.: ST11P

DJI Innovations: Managing the


Human Capital in a High-Flying
Company
This document is created by Professor Po Chi Wu to accompany the teaching note,
Reference No.: UST011/TN/1611 (HBP Product No.: ST11T), of the case,
“DJI Innovations: Managing the Human Capital in a High-Flying Company”,
Reference No.: UST011/1305 (HBP Product No.: ST11).

© 2013 by The Hong Kong University of Science and Technology. This publication
may not be digitized, photocopied or otherwise reproduced, posted, or transmitted
Po Chi Wu, Ph.D. without the permission of the Hong Kong University of Science and Technology.
Adjunct Professor
School of Engineering
School of Business & Mgt.
HKUST

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 1


DJI - Glosssary
ELP Spring 2013
Value/Supply Chain
• Raw materials
• Components
• Manufacturing
• Distribution
• Sales
• Customers

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Cash Flow
• Payment terms with suppliers
• Payment terms with distributors

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 3


Proprietary Technologies
• Patent protection
• Patent filings
• Issued patents
• Patent strategies
• Infringement

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 4


Marketing strategies
• Distributors
• Retail stores

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 5


Human Resources
• Development of people
• Metrics of effectiveness
• Evaluation procedures
• Compensation

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 6


DJI - Concepts
ELP Spring 2013

Po Chi Wu, Ph.D.


Adjunct Professor
School of Engineering
School of Business & Mgt.
HKUST

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Founder Mindset
• Young, fresh graduate
• Ambitious, talented engineer
• Proud
• Technical, visionary product
• Resourceful

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Tech start-up
• Innovation
• Ahead of market?
• Niche customers
• Proprietary technology
• Uncertainties?
• Growth needs

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Human Resources
• Development of people
• Metrics of effectiveness
• Evaluation procedures
• Compensation

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 10


DJI - Challenges
ELP Spring 2013

Po Chi Wu, Ph.D.


Adjunct Professor
School of Engineering
School of Business & Mgt.
HKUST

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 11


Leadership & Management
• How has CEO demonstrated leadership?
• How has CEO demonstrated management skills?

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Employment contract
• Company expectations
• Employee expectations
• Compensation & incentive schemes
• Evaluation methods

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Growth
• Company growth
• Employee growth
• Opportunities
• Training
• Expectations (time frame)
• Investment

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 14


Culture
• Effect on company culture
• Changing culture with growth
• Leadership

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 15


DJI - Management
ELP Spring 2013

Po Chi Wu, Ph.D.


Adjunct Professor
School of Engineering
School of Business & Mgt.
HKUST

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 16


Problem ownership
• Who owns problem?
• Who can solve problem?
• Who are natural allies?
• Resistance to change

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 17


Communicating
• Channels of communication
• Formal/informal
• Messages sent/received
• Feedback

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Resources
• Who to ask for help?
• Who are facilitators?
• Benchmarking

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DJI – Problem-Solving
ELP Spring 2013

Po Chi Wu, Ph.D.


Adjunct Professor
School of Engineering
School of Business & Mgt.
HKUST

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 20


Choices
• Simplest, most logical, rational solution
• Most “efficient”, requiring least resources
• Favorable to CEO
• Favorable to employees
• Short-term vs long-term solutions

[UST011/1611] DJI Innovations: Managing the Human Capital in a High-Flying Company 21


Implementation
• Prioritizing pressure points
• Mapping resistance (for implementation)
• Recruiting allies and support
• Presenting to colleagues
• Challenge of leading - accepting consequences

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