Rushing to join: China’s Party membership does not necessarily mean better job prospects

Rushing to join: China’s Party membership does not necessarily mean better job prospects

Feb 22nd 2014 | BEIJING | From the print edition

UNIVERSITIES in China are home to a strange mix of political emotions. To the Communist Party’s deep concern, many young lecturers have little enthusiasm for Marx, whose ideas are still officially supposed to “guide” intellectual life on campuses. Many students, by contrast, are desperate to join the Communist Party; recruitment levels are at an all-time high. Ideology plays little part.

image001-2

Read more of this post

As head of the world’s largest jewelry group, billionaire entrepreneur Henry Cheng Kar-shun displays his love for Chinese jewelry and antiques in his spacious executive office.

Keeping it in the family
Imogene Wong
Monday, February 24, 2014
As head of the world’s largest jewelry group, billionaire entrepreneur Henry Cheng Kar-shun displays his love for Chinese jewelry and antiques in his spacious executive office.

His office is adorned with delicate antiques, ranging from a white jade lion and porcelain from the Ming Dynasty and the earlier Northern Song Dynasty of 1,000 years ago, to various Chinese ink paintings, along with a large aquarium. Read more of this post

Peugeot Citroen Deal Shows French Families Need to Think Global

PEUGEOT CITROEN DEAL SHOWS FRENCH FAMILIES NEED TO THINK GLOBAL, SAYS BUSINESS EXPERT

ARTICLE | 21 FEBRUARY, 2014 03:09 PM | BY JESSICA TASMAN-JONES

The recapitalisation of French family business PSA Peugeot Citroen sends a message to other family firms that they need to join forces with foreigners to survive in the modern world, says a business and corporate governance expert based in France. Read more of this post

Another “Successful Banker” Found Dead

Another “Successful Banker” Found Dead

Tyler Durden on 02/24/2014 21:04 -0500

The dismal trail of dead bankers continues. As The Journal Star reports, a successful Lincoln businessman and member of a prominent local family died last week. Former National Bank of Commerce CEO James Stuart Jr. was found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say what caused the death. This brings the total of banker deaths in recent weeks to 9 as Stuart is sadly survived by three sons and four daughters. Read more of this post

Abraham Lincoln Had A Brilliant Strategy For Dealing With Setbacks

Abraham Lincoln Had A Brilliant Strategy For Dealing With Setbacks

THE BUILD NETWORK STRATEGY  FEB. 25, 2014, 4:10 AM

What was the secret of Abraham Lincoln’s success in dealing with people?

Incredibly, this is not just a question that a business journalist would ask. Dale Carnegie himself — the author of How to Win Friends and Influence People — asked the exact same question on page 8 of that famous book.

Carnegie was in a unique position to know the answer. Four years before How to Win Friends came out, he authored a book called Lincoln the Unknownwhich he spent three years working on. Read more of this post

Why Google doesn’t care about hiring top college graduates

Why Google doesn’t care about hiring top college graduates

By Max Nisen @MaxNisen February 24, 2014

Google has spent years analyzing who succeeds at the company, which has moved away from a focus on GPAs, brand name schools, and interview brain teasers.

In a conversation with The New York Times’ Tom Friedman, Google’s head of people operations, Laszlo Bock, detailed what the company looks for. And increasingly, it’s not about credentials. Read more of this post

Secrets of the Ages: A wide-ranging look at the puzzle of longevity, which varies across species in often confounding ways

FEBRUARY 24, 2014, 4:09 PM  1 Comment

Secrets of the Ages

By ABIGAIL ZUGER, M.D.

The Science of Life Span and Aging. By Jonathan Silvertown. University of ChicagoPress. 208 pages. $25.

Think too much about your life span and you will never get out of bed in the morning. Once you do, though, all the scientific mysteries of the subject may lie panting on the rug at your feet. Why should your good old faithful dog (avid exerciser, nonsmoker, nondrinker) be condemned to age and die after barely a decade, while you remain firmly in your prime — and the neighbor’s African gray parrot lives loudly on and on? Read more of this post

Genetically Modified Babies: Regulators consider radical biological procedures

Genetically Modified Babies

By MARCY DARNOVSKYFEB. 23, 2014

BERKELEY, Calif. — AN advisory committee of theFood and Drug Administration is set to begin two days of meetings tomorrow to consider radical biological procedures that, if successful, would produce genetically modified human beings. This is a dangerous step. These techniques would change every cell in the bodies of children born as a result of their use, and these alterations would be passed down to future generations. Read more of this post

Like Columbus, It Floated Here: The answer of how the useful plants got to the Americas has stumped scientists, until now. Using a relatively new type of genetic analysis, researchers found that bottle gourds floated to the Americas from Africa

Like Columbus, It Floated Here

By RACHEL NUWERFEB. 24, 2014

image001

Using a relatively new type of genetic analysis, researchers found that bottle gourds floated to the Americas from Africa. CreditCaraMaria

By the time Columbus arrived in the New World in 1492, bottle gourds had already conquered much of the globe. After evolving in Africa, one species,Lagenaria siceraria, made a break for East Asia around 11,000 years ago and eventually took up residence in Polynesia, China, Peru and beyond, earning the title of most widely distributed pre-Columbian domesticated plant. Read more of this post

Alan Alda Center for Communicating Science: Could we teach courses to turn scientists into capable communicators? An actor with a love of science seeks to apply techniques of drama to help scientists be better communicators

Alan Alda, Spokesman for Science

FEB. 24, 2014

image003-1

The actor turned educator talks about how science can be made clearer and more accessible to the public if served with a helping of improvisation.

By CLAUDIA DREIFUS

CHICAGO — The most popular speaker at the recent meeting of the American Association for the Advancement of Science was not a scientist but one of science’s most high-profile advocates: the actor and writer Alan Alda. Read more of this post

The Brain’s Inner Language; scientists at Allen Institute for Brain Science are working with mice to decode what a mind’s neurons are saying to each other to produce behavior

The Brain’s Inner Language

By JAMES GORMANFEB. 24, 2014

Continue reading the main storyVideo

Probing the Parliament of Neurons

Clay Reid and colleagues are going deep into the mouse brain to decipher the conversations and decisions of neurons.

SEATTLE — When Clay Reid decided to leave his job as a professor at Harvard Medical School to become a senior investigator at the Allen Institute for Brain Science in Seattle in 2012, some of his colleagues congratulated him warmly and understood right away why he was making the move. Read more of this post

Dogs, humans have similar emotional reactions, new study says; Dogs and humans are far similar than originally thought.

Dogs, humans have similar emotional reactions, new study says

Dogs and humans are far similar than originally thought.

Science Recorder | Delila James | Tuesday, February 25, 2014

Dog-owners probably won’t be surprised to learn of a new scientific study showing their pets understand human emotions.

Researchers from Hungary’s ELTE University trained dogs to sit still in an MRI scanner to get images of their brains. They found that canine brains react to voices in the same way a human does, and that emotionally-charged vocal sounds, like laughter or weeping, caused similar responses in dogs and people. Read more of this post

How to manage from ‘the trenches’: Once you get to the top of the corporate ladder, there’s still plenty more to learn from the bottom.

How to manage from ‘the trenches’

February 24, 2014: 11:23 AM ET

Once you get to the top of the corporate ladder, there’s still plenty more to learn from the bottom.

By Kip Knight

FORTUNE – What has defined much of my career is a line from the novel, To Kill a Mockingbird: “You never really know a man until you understand things from his point of view, until you climb into his skin and walk around in it.” Read more of this post

Chipotle’s Farmed and Dangerous ads: a lesson in ecosystem marketing; For marketers to capture their stakeholders’ imaginations, they need to think beyond company positioning and find a message that works for their entire business ecosystem

http://www.youtube.com/watch?v=U5_D0rdqeAs

Chipotle’s Farmed and Dangerous ads: a lesson in ecosystem marketing

For marketers to capture their stakeholders’ imaginations, they need to think beyond company positioning and find a message that works for their entire business ecosystem Read more of this post

Understand the Sacrifices Before Launching a Start-Up

Understand the Sacrifices Before Launching a Start-Up

by Frederic Kerrest  |   12:00 PM February 24, 2014

Making the decision to found your own business is a life-altering experience. Of course, it’s what comes after that breakthrough moment – how unique the idea, how quickly you move, how you continue to innovate – that ultimately separates the wheat from the chaff.   Read more of this post

The Best Way to Defuse Your Stress; Think of stress as a monster, who lives in your body and feeds on uncertainty. The monster’s most satisfying meal starts with the sentence: “What will happen if . . . . ?”

The Best Way to Defuse Your Stress

by Peter Bregman  |   2:00 PM February 24, 2014

I knew that I probably shouldn’t send the email I had just written. I wrote it in anger and frustration, and we all know that sending an email written in anger and frustration is, well, dumb.

Still, I really wanted to send it. So I forwarded it to a friend, who knew the situation, with the subject line: Should I send this? Read more of this post

Korea’s ancient history: “Hwandan Gogi,” translated as the “old records of bright heaven and Earth,” is a compilation of texts on ancient Korean history. “China and Japan invest heavily in their mythologies. Why don’t we do it as well?”

2014-02-24 17:01

Study of Korea’s ancient history put on back burner

Mainstream scholars ignore ‘Hwandan Gogi’ for lacking historical truth
By Chung Min-uck
The historical mindset of present Koreans is confined to the era of the three kingdoms (BC 57-AD 676) ― Goguryeo, Baekje and Silla ― that dominated the Korean peninsula until Silla set up a unified kingdom.
However, the study of ancient history has long been put on the back burner.
“Hwandan Gogi,” a compilation of texts on ancient Korean history published in 1979 written in ancient Chinese characters, has failed to attract attention, despite the history of Korea stretching out to as far as B.C. 8000 and covering not only the mainland China but some of the Middle Eastern region.
Notwithstanding the record’s value of redefining Korea’s ancient history, mainstream historians here have been neglecting “Hwandan Gogi,” thinking the book has been created in recent times to merely restore Korea’s nationalism.
“Hwandan Gogi” writes in its introduction that the book was “compiled by a historian named Gye Yeon-su in 1911,” which is a time when Korea was suffering under Japan’s 1910-45 colonial rule.
“The critics of the book refuse to even make public any discussions regarding the truth about its contents,” said Professor Lee Kang-sik of Gyeongju University in a recent lecture given to the public. “They are deliberately remaining in silence to avoid engaging in debate.”
Lee is one of the few historians here who view “Hwandan Gogi” as worthy of further study, believing that it is based on true historical facts.
Lee claims that former historians have misinterpreted the five organs, mentioned euphemistically using Chinese characters in the texts, as verbs, not nouns, which ruined the whole interpretation of its contents.
“When the words in the texts ― jugok, jumyung, juhyung, jubyung and jusunak ― are interpreted as nouns, it makes sense that they were the names for five government bodies back then and that they are based on Korea’s ancient religion of Heavenly Gods (Chunsingyo),” he said.
Chunsingyo is an indigenous religion of Korea that believes in the doctrine of Samsinoje, interpreted as the three creators and five rulers of heaven and Earth.
In an interview with The Korea Times, Lee further said, “None of the scholars have questioned my claims as of now.”
“But the mainstream academic circles have yet to support my theory,” he added. “However, I can see that they are unofficially showing interest to my work and hoping that they express their opinions in the near future.”
Besides Lee’s claims, there have been several pieces of evidence that prove the authenticity of the controversial book.
An astronomical record of BC 1733 recorded in the book that five stars were arranged in straight line back then was scientifically proven to be true, according to scientists.
Also, according to findings, the territory of one of Korea’s ancient kingdoms, Gojoseon, described in “Hwandan Gogi,” accords with the distribution area of the mandolin-shaped dagger of the kingdom, which further provided a basis for supporters of the book.
“The mainstreamers are denying the book illogically just because the book’s contents run counter to their religious or scholarly beliefs,” said an expert asking not to be named.
However, historians from mainstream academic circles and state-funded institutes have their own say.
“Words from modern Korean language are used in the texts of ‘Hwandan Gogi,’ the authenticity of the authors is unclear and the original 1911 edition of the book is missing,” said a scholar, on condition of anonymity. “Phrases have also been directly stolen from other history books and, moreover, include many unrealistic and religious descriptions.”
“Thus, it is difficult to take ‘Hwandan Gogi’ into consideration as Korea’s official history,” the scholar added. “I believe some of the non-mainstreamers are using the book to accuse the mainstreamers as having a colonial view of our history as opposed to their alleged nationalistic viewpoint.”
Academic papers on “Hwandan Gogi” are rarely found and state-run organizations barely touch on the subject, data shows.
Asked recently whether it plans to conduct research on “Hwadan Gogi” in the near future, one of the country’s biggest state-run history-related institutes said “no,” for some of the same reasons as mainstream historians.
In-depth research needed
Meanwhile, setting aside the ongoing strife between mainstreamers and non-mainstreamers over “Hwandan Gogi,” experts generally agree that it is still important to conduct in-depth research of the book not only because the strife must end, but for national interest as Korea faces historical warfare with two great neighboring powers, China and Japan.
Japan, during its colonization of the Korean peninsula, annihilated Korea’s ancient history by destroying over 200,000 history books in 1910.
Historians say the move led Koreans to consider Dangun, the founding king of Gojoseon, as a mythological figure until now. Dangun was always viewed as a true historical figure throughout Korean history, according to historians.
Japan, as of today, still tries to downplay Korean history by making unjustified claims that a southern part of the Korean territory was ruled by Japan during the Three Kingdoms era.
China has also been trying to distort Korean history by including Korea’s northeastern kingdoms of Goguryeo and Balhae as part of its history.
“We have no other choice but to study ‘Hwandan Gogi’ to know correctly about our ancient history,” said Lee.
“Just because some portion of the book has problems, it does not mean that the entire material of the book must be discarded,” stated Woo Dae-suk, a director of traditional Korean cultural studies, or Kookhakwon, in his research paper. “By studying ‘Hwandan Gogi’ in a sincere manner, our distorted history instigated by China and Japan can be adjusted.”
“China and Japan invest heavily in their mythologies,” said a professor, asking not to be named. “Why don’t we do it as well?”
What is ‘Hwandan Gogi’?
“Hwandan Gogi,” translated as the “old records of bright heaven and Earth,” is a compilation of texts on ancient Korean history. It has five volumes of historical records, namely, Samseonggi (1 and 2), Dangunsegi, Bukbuyeogi and Taebaekilsa, with different authors for the Silla, Goryeo and Joseon eras.
The book writes that it was compiled in 1911 by historian Gye Yeon-su and supervised by Yi Gi, an enlightenment thinker during the Joseon Kingdom (1392-1910). The only available copy now is activist Yi Yu-rip’s transcription, released in 1979.
The book describes Korea’s ancient kingdoms called Hwanguk that lasted for 3,301 years; and then Baedalguk that lasted 1,565 years; and the history of Gojoseon which had 47 generations of Dangun rulers, before the Three Kingdoms era began.
It also partially includes Korean history of the northeastern kingdoms of Goguryeo, Balhae and up until the Goryeo Kingdom (918-1392).

`Korean to be first Asian US president’; It wasn’t long ago that Koreans barely had a voice in American politics. Now, they’re quickly emerging as one of the most influential among Asian politicians

2014-02-24 19:55

`Korean to be first Asian US president’

By Jane Han

image001-15 Mark Keam, a delegate of the Virginia state Legislature

NEW YORK — It wasn’t long ago that Koreans barely had a voice in American politics. Now, they’re quickly emerging as one of the most influential among Asian politicians, so much so that one notable legislator says the first U.S. president of Asian descent will be Korean. Read more of this post

Goodbye to comfort zone: Leading a business is an honor and a responsibility. So is being a business school professor; Business leaders and professors will feel vulnerable because they cannot rely on old ways of working anymore

Goodbye to comfort zone

Thomas W. Malnight, IMD | Business | Sat, February 22 2014, 4:37 PM

Business schools and top executives must rethink how they work together
How do weary, overstretched senior executives deal with big strategic challenges and get their companies ready for the future? They hire a consultant and get served with ready-made answers that have been fed to other clients. Or perhaps they call a business school and learn new frameworks or case studies that often miss the real issues facing their company. Or maybe they organize an off-site meeting and buzz with ideas that fizzle out once everyone gets back to the office. Read more of this post

There is big money in keeping the horse business on track

Updated: Tuesday February 25, 2014 MYT 9:59:42 AM

Horse trading: There is big money in keeping the horse business on track

BY GRACE CHEN

image001-11

Dr Mahadevan, the Keeper of the Malaysian Stud Book is still active in horse trade.

To go back to the roots of the horse industry, one should refer to the General Stud Book kept in the Malayan Racing Association. Read more of this post

Skills are more than the sum of school data; Business unfairly lambasts the education system and politicians for the ‘skills shortage’

February 24, 2014 4:35 pm

Skills are more than the sum of school data

By Andrew Hill

Business unfairly lambasts the education system and politicians for the ‘skills shortage’

Pisa stands for Programme for International Student Assessment. But judging from the reaction to the OECD rankings of educational attainment, it may as well mean Parental Index of Social Anxiety. Read more of this post

How the decision gurus choose: Leaders in the field discuss how they make important choices in their own lives

February 24, 2014 5:49 pm

How the decision gurus choose

By Emma Jacobs

image001-3

Eight academics who are experts in effective decision-making techniques discuss whether they deploy the same strategies at work and at home.

Dan Ariely, professor of psychology and behavioural economics, Duke University

When it comes to small decisions in life, Prof Ariely makes “the same mistakes that most people do”. The author of the best-selling book Predictably Irrational says it is very hard to be conscious of bias and stop it from influencing choices.

So even though he knows that a bottle of wine might look less expensive if placed next to a pricey one on a restaurant menu, the behavioural economics expert admits to being no less likely to pick it than anyone else. Read more of this post

Welcome news for Ma Jie

Welcome news for Ma Jie

image001-7

Tuesday, Feb 25, 2014

Andrea Ong

The Straits Times

SINGAPORE – Madam Wan Lau Fong came to Singapore from Guangdong province when she was just 21. Read more of this post

What’s On Warren Buffett’s Mind? Two articles discuss the famed investor’s latest thoughts. And who’s gobbling up U.S. farmland?

MONDAY, FEBRUARY 24, 2014

What’s On Warren Buffett’s Mind?

By JOHN KIMELMAN | MORE ARTICLES BY AUTHOR

Two articles discuss the famed investor’s latest thoughts. And who’s gobbling up U.S. farmland?

Both Fortune and U.S.A. Today have articles that share the latest investment thinking of Warren Buffett, America’s most famous investor. Read more of this post

Buffett’s annual letter: What you can learn from my real estate investments; In an exclusive excerpt from his upcoming shareholder letter, Warren Buffett looks back at a pair of real estate purchases and the lessons they offer for equity investors

Buffett’s annual letter: What you can learn from my real estate investments

February 24, 2014: 5:00 AM ET

In an exclusive excerpt from his upcoming shareholder letter, Warren Buffett looks back at a pair of real estate purchases and the lessons they offer for equity investors.

By Warren Buffett

image001-1

The author visiting (for just the second time) the 400-acre farm near Tekamah, Neb., that he bought in 1986 for $280,000

FORTUNE — “Investment is most intelligent when it is most businesslike.” –Benjamin Graham, The Intelligent Investor

It is fitting to have a Ben Graham quote open this essay because I owe so much of what I know about investing to him. I will talk more about Ben a bit later, and I will even sooner talk about common stocks. But let me first tell you about two small nonstock investments that I made long ago. Though neither changed my net worth by much, they are instructive. Read more of this post

Preview of Buffett’s Annual Letter

FEBRUARY 24, 2014, 3:58 PM  Comment

From Buffett, Lessons From His Farm

By RACHEL ABRAMS

Investors around the world hang on Warren Buffett’s every word, hoping for a scrap of advice from a legendary businessman. Mr. Buffett often dishes out a few morsels of that advice in a letter that coincides with the annual report from his firm, Berkshire Hathaway. Read more of this post

Why a Fed Governor Bought a Home When He Knew the Market Was Teetering

Why a Fed Governor Bought a Home When He Knew the Market Was Teetering

By CARL RICHARDSFEB. 24, 2014

image001

Frederic Mishkin was in a bind. In January 2008, his wife wanted to buy a house, but as we all know now, the housing market was in the midst of a crash. More than one person probably shared similar doubts with friends around the same time, but Mr. Mishkin is a little different. He told his story during a Federal Reserve meeting, as we learned when the minutes were released late last week. Read more of this post

You Notice Good Governance Only When It’s Gone

You Notice Good Governance Only When It’s Gone

by Sanjoy Bhattacharyya | Feb 24, 2014

You don’t feel the presence of good management until it’s gone

A die-hard fan of Ajit (the ultimate stereotype of the evil villain!) who was stung by the Satyam episode expressed it fairly succinctly: “Good management is a bit like oxygen—it’s invisible and you don’t notice its presence until it’s gone and then you’re sorry.” Beyond providing a strategic roadmap, motivating employees and allocating capital wisely, a great management team is charged with the responsibility of coming up trumps in an increasingly hostile operating environment. Most of what matters in investing has been summed up by elegant and comprehensive quantitative models. Yet, the ability to benchmark the quality of management remains stubbornly resistant to this formulaic approach. Read more of this post

Giovanni Bazoli, chairman, Intesa Sanpaolo: The professor asked to fix the Calvi scandal went on to build Italy’s leading retail bank

THE MONDAY INTERVIEW

February 23, 2014 1:26 pm

Giovanni Bazoli, chairman, Intesa Sanpaolo

By Rachel Sanderson

image003-6©FT

People over spreadsheets: Giovanni Bazoli defends old-style relationship banking in Italy

In the darkest hour of Italy’s modern banking system, the Catholic banker Roberto Calvi was found dead, hanging under London’s Blackfriars Bridge in 1982. Read more of this post

What price innovation in S’pore?

What price innovation in S’pore?

Many Singaporeans are avid users of WhatsApp, a mobile-messaging company with only 55 employees and no meaningful revenue. (“What’s up? Facebook stuns with S$24b WhatsApp deal”; Feb 21)

FROM LAI KOK FUNG –

24 FEBRUARY

Many Singaporeans are avid users of WhatsApp, a mobile-messaging company with only 55 employees and no meaningful revenue. (“What’s up? Facebook stuns with S$24b WhatsApp deal”; Feb 21) Read more of this post