OM Share Charging Presents at TaiFu Association International Forum

Our team, with the founder and several leadership team members of TaiFu Association

Our team with the founder and leadership team members of TaiFu Association

A brief update on the OM Share Charging team since taking top prize at the Competition of Entrepreneurship for Sustainability earlier this year. The annual competition is a national call for startup ideas that achieve United Nations Strategic Development Goals (UNSDG), hosted by National Chengchi University — one of Asia’s top business schools. After winning, our team visited Europe with the general manager of KPMG Taiwan’s sustainability consulting unit. I have stories and a treasure chest of photos I haven’t organized. In the meantime, 3/4 of us presented at TaiFu Association’s International Forum.

Philip Chang with microphone and clicker at TaiFu International Forum in Taiwan

Mic + clicker, weapons of my trade

TaiFu Association is the alumni association for the executive MBA (EMBA) programs of National Taiwan University (NTU) and Fudan University in Shanghai. The two EMBA programs have a partnership that sends students to each university. When you put together Taiwan and Fudan, you get TaiFu.

But why does the alumni association have to be a separate organization?

I’ll explain. To be an alumni association in Taiwan, its members must be in Taiwan. This means you’re out of luck if you’re a NTU or Fudan University EMBAer living in China.

The EMBA also has its own alumni association. But the reasons why a university keeps track of alumni are different from why its graduates get together. For example, fundraising vs. networking. Helping the school vs. helping each other. We should be doing both, and here, it’s served by different organizations.

Networking is one reason why presenting at the members-only International Forum is valuable. It’s a stage for startups and enterprises with a connection to TaiFu Association — a group of people helping each other, and Taiwan, develop international connections. TaiFu Association has actually become a wake-up call for Taiwan to build its global profile, through its relationships with diplomatic and economic development offices of other world powers.

For this, I thank Mr. Peter Lee, founder of iFoodbank, director of international affairs for TaiFu Association, and an alumni of my graduate program at National Taiwan University for bringing us in. We’re very grateful for the opportunity. Shyam, the man who fathered the idea, couldn’t be with us the day of the presentation. But we have voices and know how to use them.

The OM team described the problem we’re trying to solve, and why the platform business model we propose is compelling. Some key points:

OM Share Charging Logo

OM Share Charging. “Networked Power for the Next Billion.”

  • We use the platform to provide a practical and more environmentally-friendly solution to last-mile connectivity, through a novel distributed power system.
  • Unlike other technology-based transportation solutions (Tesla, Gogoro, etc.), ours benefits people at the bottom of the economic pyramid.
  • We’re not a solution for the wealthy, and we’re not for all people. We believe we have the right solution for the right people.
  • Who are the right people? Those at the very ends of a public transportation system — the “last-mile.” It’s not a sexy idea, but creating something practical is more important for our audience.
  • We now have a certain smart city in mind for a pilot project. It enables the city to potentially claim the world’s first public transportation system to be powered by renewable energy.

This is vague, but accurate and probably all we’re ready to say right now. On a personal level, I am looking to create a system dynamics model for capacity planning. I know, I have weird hobbies. The objective is to anticipate and account for the effects of demand. Also, externalities, which are unexpected results on people who are not users. This leads to better business decisions and in our case, civic planning — because we are talking urban transportation infrastructure.

In system dynamics, no one at my university has active expertise or interest in exploring this area. In fairness, one can’t expect a university to have an expert in every single area. Right now, it comes out of my spare time. Or, I may need to come up with a fellowship at another university. Our journey continues…

More Photos from TaiFu Association International Forum

3/4 of the OM Share Charging startup team from National Taiwan University -- From left to right, From left to right, PhD candidate Tanmoy Kundu, MBA candidates Philip Chang and Brian Blankinship

Left to right from National Taiwan University, PhD candidate Tanmoy Kundu, MBA candidates Philip Chang and Brian Blankinship

MBA candidate Brian Blankinship from National Taiwan University, and the winning moment

MBA candidate Brian Blankinship and the winning moment

Group photo with other presenters at Taifu Association International Forum -- Tanmoy Kundu, Philip Chang, Brian Blankinship from the College of Management at National Taiwan University

Group photo with other presenters at Taifu Association International Forum

Winning the Top Prize at the Competition of Entrepreneurship for Sustainability

Our team from National Taiwan University (NTU) won the top prize at the 2016-17 Competition of Entrepreneurship for Sustainability. The contest is to create profitable businesses that achieve the United Nations’ Sustainable Development Goals (SDG). Our concept, OM Share Charging, is a platform business model targeting the light electric vehicle (LEV) industry with a battery exchange system.

OM Share Charging Team at Competition of Entrepreneurship for Sustainability

With Dr. Niven Huang, GM of KPMG Sustainability Consulting. (Left to right, R. Shyam Shankar, Dr. Huang, Tanmoy Kundu, Philip Chang, Brian Blankinship)

I’d like to tell you more about plans for OM, but there’s still a lot of work ahead of us. Also, Shyam fathered the idea (I took on the finance and PR roles). For now, we’re spending weekends absorbing an elective course at National Chengchi University on sustainability practices in European industries, before flying to Europe in April to see these in action. Our prize covers the trip and the course to Italy, Switzerland, and France. In broad strokes:

  • We are utilizing the unique capabilities of Taiwan technology partners to grow the LEV industry. This is good for the environment, the future of transportation, and the Taiwanese economy.
  • Our business model benefits all our stakeholders. Including, those at the bottom of the economic pyramid.
  • The pilot we propose targets a smart city, and provides last-mile connectivity to help complete the city’s vision. I know that’s vague. It’s simply too soon to say more. Stay tuned.
  • OM fulfills five of the United Nations’ 17 SDGs. Good Health, Renewable Energy, Sustainable Cities and Communities, Responsible Consumption, and Climate Action.
  • I’ll need one hell of a refresher course in French before we fly over. Merde.

United Nations Sustainable Development Goals

Why Should You Sign Up for the ‘Competition of Entrepreneurship for Sustainability’

Networking! You’ll meet entrepreneurial young people from other universities who are interested in business and sustainability. At this moment in history, governments, companies, and citizens are aligned on the importance of taking care of the environment.

Business Plan. Get more experience putting together a business plan and refining it. This is a useful skill whether you start a company, because you’ll also use it to create any kind of business proposal. Also, Taiwan has a lot to offer. You’ll begin realizing it a little more when you start looking for ways Taiwan can produce sustainable businesses.

Industry Connections. The Competition of Entrepreneurship for Sustainability does an impressive job of bringing together executives to be judges and/or serve as consultants to the teams. A partial list of the people we met include:

Leaders from KPMG’s Sustainability Consulting practice, KPMG Transaction Services, Delta Electronics (One of Tesla’s OEMs), Delta Electronics Foundation, Ford Lio Ho Motor, Leopard Mobile, Ogilvy, HSBC, as well as several venture capitalists, chief strategy and chief technology officers.

In other words, these are the people I came to Taiwan hoping to meet.

Competition of Entrepreneurship for Sustainability Taiwan Photo Collage

The Big Prize

OM Share Charging Logo

First prize is more work! Such is life and yes, if you win, it means you’ll have more work to do to prepare for the European trip.

  • Learning about the companies you’ll visit
  • Researching their strategies and reading their sustainability reports
  • Reading industry reports from the World Business Council for Sustainable Development on current trends
  • Refining your business plan into something for sharing

And the fun stuff, too. Checking out what each city has to offer… A few days of tourism…

But, the learning opportunity is unique. The class is taught by National Chengchi University professors and professionals, like Dr. Huang. You travel with them. And then you spend a few weeks meeting the executives who are actually making these strategies happen, at company headquarters. The knowledge and connections is what I really want a MBA education to be like, and I can’t tell you how much I’m looking forward to being in the same room as these industry leaders.

April 1. See you in Europe.