Getting back to basics in a world of luxury
As China's middle class expands, does consumption behaviour change? According to Sir David Tang, founder of Shanghai Tang and China Clubs, consumption behaviour doesn’t shift with economic development; it is only perceived to do so.
“I don’t think economic development has ever changed human nature,” says Tang. “China is able now, with a rising middle class, to start thinking about all the bourgeois things, about life of the next-door neighbour. And that’s why, in a way, cons
The brand imperative
“There are only two advantages in life which are proprietary: technology and branding. Since I’m not a technologist, I decided that whatever business I was going to do next had to have a strong brand.”
Having left journalism to join the family business, Ho Kwon Ping, Founder and Executive Chairman of the luxury hotel Banyan Tree Group, realised that his family’s various contract manufacturing companies were stuck in constant competition on the basis of cost alone, an
Enrich your social capital with the right networks
Networking is not all that it’s cracked up to be; in fact it can even be downright harmful, so says Martin Gargiulo, an associate professor of organisational behaviour at INSEAD and expert on social network analysis.
Global careers in academia: following the ideas
Although Wall Street may be feeling battered and bruised from the financial crisis, if you want a career in teaching business, you should still consider heading for the US at some point. That was the consensus view among INSEAD PhD programme graduates taking part in the school’s 20th reunion celebration at its Europe campus.
Cross-cultural negotiations: Avoiding the pitfalls
When entering into negotiations, we should always take into account cultural factors such as the educational or religious background of the person sitting across the table, but, says INSEAD professor Horacio Falcao, many people both underestimate and overestimate the cross-cultural aspects.
Why Gymboree’s China strategy is no child’s play
As China’s star continues to shine, one of the more recent beneficiaries of the country’s economic boom is the early childhood development sector.
Bringing zest to China’s hospitality market
By offering travellers chic boutique hotel amenities at budget prices, Chinese entrepreneur Wu Hai is now enjoying the fruits of his success, setting up a chain of 16 hotels in China in just three short years since 2006.
Combating malaria: How an oil company is helping to tackle the problem
For Marathon Oil Corporation, its project to tackle malaria on an island off Equatorial Guinea is paying off. It reckons that for every dollar invested, the economic return is around four dollars.
Social entrepreneurship: Innovative care for the elderly
Some ten years ago, when Jean-Daniel Muller and his friend, Jean-Michel Ricard, were studying to become sports teachers both aged 23 they felt that not enough was being done to help the elderly. So, they decided to develop a series of exercises for the elderly as part of their 3-month practicum, which would eventually form the basis of an innovative scheme.
Their theory was that physical activity would improve the quality of life of those aged 75 and above, and help them lead ind
KLM: Aviation has to become 'more sustainable'
Airlines cannot shirk the responsibility that comes with being major producers of polluting greenhouse gases and must aggressively pursue policies to minimise their environmental damage. Thats the view of Jan Ernst de Groot, managing director of the Dutch company KLM Airlines, which by its own estimate gives off some 10 million tonnes of carbon dioxide a year from its fleet of 194 aircraft.
Islamic microfinance gains popularity in war-torn Afghanistan
After spending several years in Iran as a refugee struggling to make a living, Shooperi Sharif never imagined that one day she would have a business of her very own. Last year, the 34-year old mother of three took out an Islamic microfinance loan to expand her business -- it was an Islamic loan as she's one of thousands of Afghans who refuse to take interest-bearing loans.
Corporate responsibility: Are companies responding to social demands?
Only one manager in about six is likely to view her company as a global corporate citizen with a responsibility to help solve social problems, as opposed to one stakeholder in three. This is one of the key findings of RESPONSE: Understanding and Responding to Social Demands on Corporate Responsibility, a study created and funded by the European Commission to study the gap in perceptions of social responsibility among companies and stakeholders.
Alignment is important because "only when
The double bottom line: social investing comes of age
The current economic malaise has sent investors looking for new avenues of investment - not just for the financial returns but also to make a difference in the world at large. Enter the socially-responsible investment, a niche market that is now coming of age.
A new sustainability playing field
Sustainability as a concept has changed enormously, according to Brendan May, founder of the Robertsbridge Group. There is no longer any escape from our collective environmental challenge-no sector or company, large or small, is immune.
Innovation booming in emerging markets despite obstacles
Traditional measures of innovation usually focus on science and technology, for example on patents produced, scientific papers published and PhD graduates in science and engineering. While the role of science and technology in driving innovation continues to be important, we are witnessing a new type of innovation in Latin America and other emerging markets, i.e. innovations that are more horizontal and more context dependent.
Coordination among corporate donors helps provide faster, more efficient humanitarian aid
Like individuals, companies mobilise their resources to contribute to large-scale emergencies as quickly as they can. Corporate donations may be in the form of cash, goods and services in-kind like technical expertise or capacity. Many companies will work through their local staff and offices to provide support to international aid teams. This type of local support can be very valuable for aid workers facing a long list of bottlenecks when arriving in a new country to deliver assistance. Having
Ayala: Taking care of the bottom line while seeking a social impact
“Businesses cannot simply operate in societies that are plagued with extreme poverty and where the environment is severely degraded. It is important for businesses to build in solutions to these challenges in their business strategies for their long-term viability and survival.” That’s according to Fernando Zobel de Ayala, who is President and Chief Operating Officer of Ayala Corporation, and concurrently Chairman of Ayala Land, the largest real estate company in the Philippines.
A helping hand for families trying to escape the poverty trap in India
Kancheepuram, some 80 kilometres south-west of Chennai, is well known for its 500-year-old heavyweight silk sari tradition. But chances were that its ornate, intricate pieces were woven by children between the age of five and 13, working 12 to 16 hours a day and bonded to a master weaver until their parents’ debt was paid in full.
The Economic Growth Engine: How Energy and Work Drive Material Prosperity
The authors of this unique book explore the fundamental relationship between thermodynamics (physical work)
and economics. They take a realistic approach to explaining the relationship between technological progress,
thermodynamic efficiency and economic growth, the findings of which conclude with a fundamental explanation of
endogenous growth that is both quantifiable and consistent with the laws of thermodynamics. A major implication of
this is that future economic growth is no
Oregon Department of Justice Honors Attorney Program
Career Services Speaker Series Oregon Department of Justice Honors Attorney Program September 9, 2010 Career Services The Honors Attorney Program is designed to provide five outstanding recent law school graduates—including those who have served as judicial clerks or in government fellowships—with the opportunity to gain public law experience after law school. In this podcast, Oregon’s [...]