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Innovation

Citi FT Dialogues Hong Kong: Rise of the Subscription Economy

Building new revenue models that future-proof business

Hong Kong |
Speakers include:
James  Kynge

James Kynge

Financial Times

Overview

Subscription-based business models have become increasingly popular since the arrival of the internet. Once a relatively obscure and unfavourable method of charging customers, subscriptions are now the default method by which companies, and customers, extract maximum value from digital products. 

With many traditional business models under pressure, an increasing number of businesses are migrating over to subscription-based models to stay competitive and sustain growth. The resulting proliferation of these services has caused the creation of the so-called ‘Subscription Economy’, where recurring payments, enabled through technology, are considered the norm by customers.

As a result, businesses are employing more Chief Digital Officers and other transformational strategists to their boards. Tasked with implementing new revenue streams and integrating fresh products, CDOs are under pressure to build great services, quickly. 

But migrating successfully over to a subscription-based model depends on continuous and effective collaboration with CFOs, Treasurers and other senior finance executives that must balance budgets to keep the company operational during any transition period and beyond. For the companies that do choose to stay the course, senior strategists must navigate an increasingly complex competitor landscape.

This discussion, held under the Chatham House rule, aims to analyse the relationship between CDOs and CFOs. It will share the best methods of collaborating across management functions to keep businesses healthy and thriving, both for the upcoming quarters and well into the disruptive years ahead.

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fallback Add to my Calendar 10/22/2019 18:30:0010/22/2019 20:30:00falseCiti FT Dialogues Hong Kong: Rise of the Subscription EconomySubscription-based business models have become increasingly popular since the arrival of the internet. Once a relatively obscure and unfavourable method of charging customers, subscriptions are now the default method by which companies, and customers, extract maximum value from digital products. With many traditional business models under pressure, an increasing number of businesses are migrating over to subscription-based models to stay competitive and sustain growth. The resulting proliferation of these services has caused the creation of the so-called ‘Subscription Economy’, where recurring payments, enabled through technology, are considered the norm by customers.As a result, businesses are employing more Chief Digital Officers and other transformational strategists to their boards. Tasked with implementing new revenue streams and integrating fresh products, CDOs are under pressure to build great services, quickly. But migrating successfully over to a subscription-based model depends on continuous and effective collaboration with CFOs, Treasurers and other senior finance executives that must balance budgets to keep the company operational during any transition period and beyond. For the companies that do choose to stay the course, senior strategists must navigate an increasingly complex competitor landscape.This discussion, held under the Chatham House rule, aims to analyse the relationship between CDOs and CFOs. It will share the best methods of collaborating across management functions to keep businesses healthy and thriving, both for the upcoming quarters and well into the disruptive years ahead.Citi-FT-Dialogues-Hong-Kong:-Rise-of-the-Subscription-Economyf3078f0cf489b38ace7fb9fc84320b47MM/DD/YYYY

Agenda - 22nd Oct

  • 6:30pm
    Welcome Drinks
  • 6:45pm
    Guests are seated
  • 6:47pm
    Introduction and Presentation of Research
  • 6:55pm
    Opening Reflections on the Topic
  • 7:00pm
    Discussion Commences
  • 8:25pm
    Closing Remarks

In association with (1)

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook:www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

FT Chair (1)

James  Kynge

James Kynge

Global China Editor
Financial Times

James Kynge is Global China Editor at the Financial Times. He was previously Emerging Markets Editor. He is also Editor of beyondbrics, the FT’s emerging economies blog. Previously, Mr Kynge was Principal of FT Confidential, the Financial Times’ premium research services on China, South East Asia and Latin America. He remains Chairman of FT Confidential. A recipient of several journalism awards, Mr Kynge has been a correspondent based in Japan, China, Taiwan, Malaysia, Singapore, Russia, former Soviet Central Asia and Hong Kong over the past 28 years. He was China Bureau Chief for seven years until 2005 and later headed up the Pearson Group of companies' business operations in China. He was also President of FTChinese.com, the FT's Chinese language website. His prize-winning book China Shakes the World was an international bestseller, translated into 19 languages.

Venue

Restaurant Petrus
Level 56, Island Shangri-La
Pacific Place, Supreme Court Road
Hong Kong

Hong Kong

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Contact Us

Stuart Found
Roundtables and Content Editor
Financial Times

Presented by (1)

The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. The FT has a record paying readership of one million, three-quarters of which are digital subscriptions. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.