China’s leaders face major decisions on reform

China’s leaders face major decisions on reform

By William WanUpdated: Wednesday, March 5, 9:16 AM E-mail the writer

BEIJING — China’s military spending will increase by 12.2 percent this year, officials announced Wednesday at an annual meeting of top government leaders. Read more of this post

Death and the Executive: Encounters with the ‘Stealth’ Motivator

Death and the Executive: Encounters with the ‘Stealth’ Motivator

Manfred F.R. Kets de Vries 

INSEAD – Entrepreneurship and Family Enterprise
January 30, 2014
INSEAD Working Paper No. 2014/11/EFE

Abstract: 
Death anxiety is a primary motivational force that drives much of our behavior. It puts our defenses on high alert, and we make strenuous efforts to repress or deny the unwelcome truth of our inevitable end. The way each of us denies death not only affects life in its broadest sense but also influences the way we behave in organizations. Death anxiety underlies much executive behavior and action. However, traditional motivational theories do not acknowledge the influence of death anxiety on our behavior. Although they attempt to help us better understand employee motivation, they are not sufficiently inclusive. This article takes a clinical lens to explore death anxiety as a motivational force, how it affects behavior in organizations, and how we metabolize the feelings death evokes. In addition, I examine the various ways we deal with our knowledge of death. Some of us go into overdrive in trying to suppress it, while others fall into a state of resignation and depression. To deal with the ultimate narcissistic injury that death represents, we resort to a variety of immortality strategies to create permanent or enduring meaning. Furthermore, from an organizational perspective, three maladaptive responses to death anxiety are explored: the manic defense, succession issues, and the edifice complex.

Dream Journeys: New Territory for Executive Coaching

Dream Journeys: New Territory for Executive Coaching

Manfred F.R. Kets de Vries 

INSEAD – Entrepreneurship and Family Enterprise
February 14, 2014
INSEAD Working Paper No. 2014/14/EFE

Abstract: 
Leadership coaches need to understand how their clients think and experience emotions. They have to be skilled at detecting and evaluating the psychological strengths and challenges that can help or hinder their clients’ development as a leader. Leadership coaches need to take a holistic approach to the information clients present, which means considering information from both their waking and dreaming life. To help executives with their journey into their own interior, I suggest that leadership coaches should also pay attention to their clients’ dreamtime. The dreams that occur during their clients’ “night journeys” can offer useful clues about their main preoccupations and concerns. Reflecting on how the feelings in their clients’ dreams relate to what’s happening in their waking life, will help leadership coaches and their clients better recognize and address their internal struggles and challenges, and figure out what is most on their mind. Making sense of dreams can be a very powerful problem-solving and inspirational tool, offering a pathway to out-of-awareness preoccupations. This relatively unexplored territory is the main focus of this article, in which I also take into consideration various theories about dreaming.

How Candy Crush, Angry Birds get your money

How Candy Crush, Angry Birds get your money

Wednesday, March 5, 2014 – 10:00

AFP

They are free to download, fun to play, and fiendishly addictive: mobile games like Candy Crush Saga, Angry Birds and Clash of Clans want to get you hooked, then get your money. Read more of this post

For his next act, genome wiz Craig Venter takes on aging

For his next act, genome wiz Craig Venter takes on aging

Venter delivers testimony during a hearing on synthetic genomics by the House Energy and Commerce Committee on Capitol Hill in Washington

6:09pm EST

By Julie Steenhuysen

LA JOLLA, California (Reuters) – Craig Venter, the U.S. scientist who raced the U.S. government to map the human genome over a decade ago and created synthetic life in 2010, is now on a quest to treat age-related disease. Read more of this post

Second Korean Wave sweeps China

Second Korean Wave sweeps China

Wednesday, March 5, 2014 – 09:41

Xiao Lixin

China Daily/Asia News Network

The Korean Wave is again sweeping across China, with many Chinese women worshipping South Korean actors Kim Soo-hyun and Lee Min-ho as demigods. Read more of this post

Korean food makers zero in on halal market

Korean food makers zero in on halal market

Wednesday, March 5, 2014 – 09:22

Bae Ji-sook

The Korea Herald/Asia News Network

SOUTH KOREA – Korean food makers are gearing up to grab the Muslim food market with halal food products. Read more of this post

Woman collapses at train station exit; dies after 50 mins without receiving first aid

Woman collapses at train station exit; dies after 50 mins without receiving first aid

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Wednesday, March 5, 2014 – 07:45

AsiaOne

SHENZHEN, China – A 35-year-old woman, Liang Ya, collapsed while climbing the stairs of a train station exit on Feb 17, and died after 50 minutes without receiving first aid. Read more of this post

The Air Force general who channels a mellow CEO’s leadership style

The Air Force general who channels a mellow CEO’s leadership style

BY JUSTIN BRADY

March 4 at 8:31 am

We’ve all worked in companies with ugly cultures. Leaders bark orders and we are expected to blindly obey, even if it’s the wrong decision for the consumer or the company. Most obey their marching orders, but some passionate employees propose creative solutions to problems, only to have their ideas ignored. “Just do the job I hired you to do,” they say. The frustration builds, stripping employees of their natural creativity.  They become exasperated and stop caring. Read more of this post

Wealth Advisers Offer Offshore Investors a Safe Haven in the U.S.; With turmoil in emerging markets, wealthy families again seek low-risk havens to invest their assets. Welcome to America

Wealth Advisers Offer Offshore Investors a Safe Haven in the U.S.

With turmoil in emerging markets, wealthy families again seek low-risk havens to invest their assets. Welcome to America.

03 MAR 2014 – ANDREW BARBER

The recent local currency turmoil in many emerging markets has led to renewed interest among wealthy families in socking away assets in another country. With longtime safe harbors like Cyprus hit by negative macroeconomic forces and increased regulatory scrutiny, the U.S. has become the destination of choice for many high-net-worth individuals from emerging markets. Read more of this post

Qualcomm’s new CEO says smartphone innovation still strong

Qualcomm’s new CEO says smartphone innovation still strong

3:48pm EST

By Noel Randewich

SAN FRANCISCO (Reuters) – Steve Mollenkopf, the new chief executive of Qualcomm, said on Tuesday that the mobile chipmaker is developing technologies that will drive continued demand for smartphones even as others worry that the smartphone market’s best days are behind it. Read more of this post

The consigliere of Silicon Valley: Venture capitalist Ben Horowitz has been called high tech’s new Andy Grove, the “CEO Whisperer,” and “the management guru to all of the young entrepreneurs in the Valley” by Mark Zuckerberg

The consigliere of Silicon Valley

BY JENA MCGREGOR

March 4 at 11:19 am

Venture capitalist Ben Horowitz has been called high tech’s new Andy Grove, the “CEO Whisperer,” and “the management guru to all of the young entrepreneurs in the Valley” by none other than Mark Zuckerberg. Reading his new book, The Hard Thing About Hard Things, it’s easy to see why. Read more of this post

The disruptive power of collaboration: An interview with Clay Shirky; How we collaborate has profound implications for how we live and work. The author and New York University professor explains how social media has upended traditional norms

The disruptive power of collaboration: An interview with Clay Shirky

How we collaborate has profound implications for how we live and work. The author and New York University professor explains how social media has upended traditional norms.

March 2014

Sharing changes everything

Upending supply and demand

Creating success from failure Read more of this post

Regulators Zero In on Auditors’ Consulting Services

March 4, 2014, 6:23 AM ET

The Morning Ledger: Regulators Zero In on Auditors’ Consulting Services

By David Hall

Regulators are taking a closer look at the consulting services that some auditors provide for clients—and the big fees they generate. The U.S. government’s audit watchdog says it has started quizzing accounting firms on whether their fast-growing consulting practices could hurt the quality of their audits, writes CFOJ’s Emily Chasan in today’s Marketplace section. Overseas, the European Parliament is expected to vote in April on legislation that would cap nonaudit services provided by a company’s auditor at 70% of the audit fee. Read more of this post

Ballmer: Microsoft Missed the Mobile Market Over Last Decade

Mar 4, 2014

Ballmer: Microsoft Missed the Mobile Market Over Last Decade

By Lisa Fleisher

MicrosoftMSFT +1.14% Corp largely missed the mobile market in the last decade, its recently departed chief executive officer said Tuesday. Read more of this post

New Japan Index Targets High Performers; Government-Backed Stock Index Excludes Some Well-Known Firms

New Japan Index Targets High Performers

Government-Backed Stock Index Excludes Some Well-Known Firms

KOSAKU NARIOKA

March 4, 2014 3:04 a.m. ET

TOKYO—Some of Japan’s cash-rich firms are starting to take action to feature on a new government-backed index of 400 companies offering higher investment returns. Read more of this post

Feeling Burned Out? The One Change That Could Fix Everything

FEELING BURNED OUT? THE ONE CHANGE THAT COULD FIX EVERYTHING

WHAT DO STEVE JOBS, BOB DYLAN, AND PLATO ALL HAVE IN COMMON? APART FROM BEING SOME OF THE MOST INFLUENTIAL PEOPLE IN HISTORY, ALL OF THEM THOUGHT OF WORK AS A GAME.

BY CHARLIE HOEHN

Within a matter of months, I quit two amazing jobs. Read more of this post

Special Dinner Gathering with the Moat Report Asia Members in Singapore

Dear Friends and All,

 

Special Dinner Gathering with the Moat Report Asia Members in Singapore

 

Dear Moat Report Asia Members and friends,

 

“Any definition of a successful life must include service to others.”

– Irving Grousbeck, billionaire, former co-founder of Continental Cablevision, principal owner of the Boston Celtics and professor of entrepreneurship at Stanford Business School

 

“Strive not to be a success, but rather to be of value.”

– Albert Einstein

 

It’s been a pleasure to have our inaugural dinner gathering recently at the Standing Sushi Bar located near the Singapore Management University, the Omaha of Singapore that’s far from the syndicates and speculative crowd! Read more of this post

From India’s northern backwaters, a new business elite rises

From India’s northern backwaters, a new business elite rises

Mon, Mar 3 2014

By Sanjeev Miglani

PATNA, India (Reuters) – Ravindra Kishore Sinha built India’s largest security business from a garage in the dirt-poor state of Bihar. He has just won a seat in the upper house of parliament, becoming its richest member, and his Security and Intelligence Services (SIS India) firm is growing at 40 percent a year. Read more of this post

Buffett’s Newspapers Lose Readers as Bet on Local Awaits Payoff

Buffett’s Newspapers Lose Readers as Bet on Local Awaits Payoff

By Edmund Lee  Mar 4, 2014

Even Warren Buffett can’t escape the sting of the declining newspaper business.

The billionaire’s papers saw a collective 5.6 percent drop in daily readers, according to the latest annual report of his investment firm, Berkshire Hathaway Inc. (BRK/A) Readership fell at 26 of the 28 newspapers he’s owned for more than a year, according to a comparison of a chart in the March 1 document and the prior annual report. Read more of this post

Samsung Everland scales back luxury fashion

Samsung Everland scales back luxury fashion

Tuesday, Mar 04, 2014

Bae Ji-sook and Lee Woo-young

The Korea Herald/Asia News Network

SEOUL – Samsung Everland’s fashion division is shelving hexa by kuho, a high-end womenswear label targeting the global market, according to a company insider. Read more of this post

XYZprinting Inc. (三緯國際) will be bringing its da Vinci 2.0 3D printer to Taiwan mid-April, the first part of a global roll-out focused on conquering the low-cost 3D printing market

April shipping date set for ‘da Vinci’ 3D printer

March 4, 2014, 12:13 am TWN

TAIPEI, Taiwan — XYZprinting Inc. (三緯國際) will be bringing its da Vinci 2.0 3D printer to Taiwan mid-April, the first part of a global roll-out focused on conquering the low-cost 3D printing market, a company executive said Monday. Read more of this post

Caixin Explains: The ‘Lianghui’ Meetings; The country’s top legislature and political advisory body are meeting this week. Here is what you should know about them

03.03.2014 17:23

Caixin Explains: The ‘Lianghui’ Meetings

The country’s top legislature and political advisory body are meeting this week. Here is what you should know about them

Compiled by Caixin

(Beijing) – Top lawmakers and political advisors from all over the country are gathering in the capital this week for this year’s “lianghui,” or sessions of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC). Read more of this post

How HK could fall into a $1.5t trap

How HK could fall into a $1.5t trap
Eddie Luk
Tuesday, March 04, 2014
Government expenditures by 2041 would reach HK$2.9 trillion – more than twice revenues of HK$1.4 trillion – in a worst-case scenario projected by a government working group. Read more of this post

Lisa Ho has not spoken publicly since the collapse of her fashion empire last year. Breaking her silence she reveals her harrowing ordeal, which saw her lose her business, her marriage and then her money

Lisa Ho’s betrayal

Published 03 March 2014 09:41, Updated 04 March 2014 10:02

Hannah Low

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Designer Lisa Ho at one of her shows. Photo: Steven Siewert

It was a warm day early in the spring of 2011 when fashion guru Lisa Ho and her accountant of 18 years met with a charismatic financier ­promising glittering returns and pools of money at the showroom for her iconic fashion label in Sydney’s trendy Surry Hills. Read more of this post

Med school dropout Josh Reich makes $130m look simple; Reich just sold his US online banking start-up, Simple, to Spanish global bank BBVA for $US117 million

Med school dropout Josh Reich makes $130m look simple

Published 03 March 2014 10:51, Updated 04 March 2014 10:02

John Kehoe

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Simple Bank co-founder and CEO Josh Reich in New York. Photo: Trevor Collens

Australians love to bash their banks. Josh Reich is a 35-year-old Australian who has turned bank bashing into a rich-list fortune. Read more of this post

How Affinity Childcare plans to avoid the fate of ABC Learning by only buying established centres: ‘We create a market for entrepreneurs to exit’

Caitlin Fitzsimmons Online editor

How Affinity Childcare plans to avoid the fate of ABC Learning by only buying established centres: ‘We create a market for entrepreneurs to exit’

Published 28 February 2014 12:35, Updated 03 March 2014 10:32

Affinity Childcare did not exist a year ago but it has since bought 57 centres and a chain of 12 managed centres, floated on the Australian Securities Exchange and on Friday, it reported its first set of financial results as a public company. Read more of this post

More than 1 million patients suffer harm each year while being treated in the U.S. health care system. Even more receive substandard care or costly overtreatment

One Third of Skilled Nursing Patients Harmed in Treatment

A study by Medicare’s inspector general of skilled nursing facilities says nearly 22,000 patients were injured and more than 1,500 died in a single month — a higher rate of medical errors than hospitals. Read more of this post

Is it good for people to fail occasionally? In our highly competitive world, we prize success and hate it when things go wrong, but is there actually a value in failing?

3 March 2014 Last updated at 00:47

Is it good for people to fail occasionally?

Lucy Wallis BBC News

In our highly competitive world, we prize success and hate it when things go wrong, but is there actually a value in failing? Read more of this post

SingPost sells its online luxury goods store to Reebonz

SingPost sells its online luxury goods store to Reebonz

March 4, 2014

by Terence Lee

SingPost is bidding sayonara to Clout Shoppe, an online luxury goods store it started in 2011. It has sold the business to Reebonz, a company that also sells branded goods on the internet. Terms of the sale were not disclosed. Read more of this post