Wudang can make you a Daoist master — of business administration

Wudang can make you a Daoist master — of business administration

Staff Reporter

2013-08-15

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A Daoist temple on Wudang Mountain holds an annual ceremony to celebrate its reconstruction after a fire in 1745. (File photo/Xinhua)

You Xuande, the leader of the Wudang Chinese martial arts school in central China’s Hubei province, says several business executives have expressed an interest in taking a Master of Business Administration course at the school. The school does not currently offer its own MBA course but its staff have lectured at several universities, reports the state-run China National Radio. Many parents from wealthy and influential families said that they would also be interested in sending their children to the school to learn about Daoism, even willing to pay a fortune to enroll their children there. Money is no issue to them, said You, adding that 80 students applied for a place this year, but the school was only able to accept 20 of them.You said that if he were to encompass the MBA course, company CEOs and managers would have to swallow their pride and do chores such as sweeping the floor and cleaning the bathroom like the rest of the students. He said many of the school’s disciples were restless and impatient when they first arrived but changed after their instruction in Daoism. If the course were to be run, the MBA students would have to memorize the Chinese classic text Tao Te Ching — a canonical Daoist work. They would also have to debate the content of the text and practice the traditional martial art of Tai Chi.

Chen Lisheng, a spokesperson for the school, said most of the business executives interested in the course wanted to find relief from their busy and stressful lives, adding that others hoped to learn from the philosophy to enhance their minds and improve their health through learning from Daoist practitioners.

He said Daoism advocates a plain and simple life, but many CEOs and high level executives have deviated from this path. Chen added that though the school does not yet have an MBA course, its staff members have been invited to lecture at MBA programs of several universities.

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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