R.E.S.-ilience in Value Creation 《竹经：经商经世离不得立根创新》
March 3, 2014 Leave a comment
Lego Looks to Build in China
Danish Toy Maker Looks to Replicate Success Enjoyed in West
NICLAS ROLANDER
Feb. 27, 2014 5:34 a.m. ET
Lego A/S, pressured by stagnant toy demand in mature markets, is sharpening its focus on emerging economies, where hundreds of millions of potential customers have yet to buy the company’s interlocking bricks. Read more of this post
March 3, 2014 Leave a comment
Is China Set For A Japan-Style Lost-Decade?
Tyler Durden on 02/26/2014 22:00 -0500
“The extent of unproductive investment in China today is much greater than was the case for Japan at a comparable phase of development,” warns Deutsche’s EM strategist John-Paul Smith, and one glance at the chart below suggests China is tracing an ominous path towards the same “lost-decade” that un-inspired Japan since the mid-80s. While the PBOC is less interested in goosing its own stock market (since ownership is so low), Chinese stocks (down 60% from 2007 highs) “seem to be saying that there is a significant risk of a major slowdown.” Read more of this post
March 3, 2014 Leave a comment
Telcos ‘may cut network investments’ if they can’t ride on app messaging wave
SINGAPORE — Telcos and over-the-top (OTT) providers such as messaging giant WhatsApp need to work out their relationship to avoid the risk of the former cutting back on network investments as they have not found a way to monetise the growing popularity of OTT services, analysts said, following the SingTel Chief Executive’s call to allow telcos to charge OTT providers for the use of their network.
BY TAN WEIZHEN –
FEBRUARY 28
SINGAPORE — Telcos and over-the-top (OTT) providers such as messaging giant WhatsApp need to work out their relationship to avoid the risk of the former cutting back on network investments as they have not found a way to monetise the growing popularity of OTT services, analysts said, following the SingTel Chief Executive’s call to allow telcos to charge OTT providers for the use of their network. Read more of this post
March 3, 2014 Leave a comment
January 24, 2014, 3:12 PM ET
One in Three Audits Fail, PCAOB Chief Auditor Says
By EMILY CHASAN
Senior Editor
More than one in three audits inspected by the U.S. government’s audit watchdog were so deficient the auditors shouldn’t have signed off, an official said this week. Read more of this post
March 3, 2014 Leave a comment
PepsiCo re-enters ‘Magic Kingdom’ with Shanghai Disney deal
8:04am EST
By Adam Jourdan
SHANGHAI (Reuters) – PepsiCo Inc (PEP.N: Quote, Profile,Research, Stock Buzz) has signed a deal to supply beverages to Walt Disney Co’s (DIS.N: Quote, Profile,Research, Stock Buzz) first China resort, breaking The Coca-Cola Co’s (KO.N: Quote, Profile, Research, Stock Buzz) quarter century monopoly over beverage supply to the U.S. theme park operator. Read more of this post
March 3, 2014 Leave a comment
Berkshire in advanced talks to buy H&F’s Catalina Marketing – sources
6:01pm EST
By Soyoung Kim and Greg Roumeliotis
NEW YORK (Reuters) – Private equity firm Berkshire Partners LLC is in the late stage of negotiations to buy Catalina Marketing Corp from Hellman & Friedman LLC, according to people familiar with the matter, in a deal expected to be worth more than $2 billion. Read more of this post
March 3, 2014 Leave a comment
‘Get the strategy and the team right’: An interview with the CEO of Henkel
Kasper Rorsted, head of the global manufacturer since 2008, discusses the company’s growth plans, what it takes to hire good people, and how he fosters dialogue with customers and employees.
February 2014 | byKlaus Behrenbeck
As consumer companies continue to expand their global presence, they face a host of formidable challenges: among them, staying close to the consumer, finding and attracting local talent, and managing an increasingly complex and far-flung organization. These challenges are familiar to Kasper Rorsted, who in April 2008 was named CEO of Henkel, the Düsseldorf-based manufacturer of home- and personal-care products and adhesive technologies. Henkel’s roster of brands includes Persil detergent, Dial soap, Fa deodorant, and Loctite glue. In recent years, the 137-year-old company has fared well—in large part by dramatically boosting its presence in emerging markets, which today account for 45 percent of its global revenues of €16.5 billion. Read more of this post
March 3, 2014 Leave a comment
Feb 27, 2014
How China Snares Tigers, Swats Flies on Path to Reform
China’s Communist Party chief Xi Jinping has spent much of his first year in office cracking down on “tigers and flies” in an anticorruption drive just as he pushes ahead with some serious economic reforms. Read more of this post
March 3, 2014 Leave a comment
China banks lobby to cap online financial product yields – sources
4:35am EST
* Interbank deposits currently not subject to rate cap
* Banks want online products treated as retail deposits
* Huge outflow of bank deposits as savers move online
* PBOC would have to approve regulatory change
By Heng Xie and Gabriel Wildau
BEIJING/SHANGHAI, Feb 27 (Reuters) – The China Banking Association is lobbying regulators to cap the yields on online money market funds, two bankers told Reuters on Thursday, in the boldest effort yet by banks to answer the threat from online financial products. Read more of this post
March 3, 2014 Leave a comment
02.27.2014 18:51
Closer Look: So Who Stops a Run on Yu E Bao Accounts?
Regulatory responsibility over the wildly popular e-investment product has never been established, an oversight that raises many questions Read more of this post
March 3, 2014 Leave a comment
Published: February 14, 2014
Roger Martin, coauthor of Playing to Win: How Strategy Really Works, introduces a lesson on the proper foundation for core competencies from Compete Smarter, Not Harder: A Process for Developing the Right Priorities through Strategic Thinking, by William Putsis. Read more of this post
March 3, 2014 Leave a comment
Fund managers cast wary eye on soaring valuations of Chinese internet firms
Thursday, 27 February, 2014, 11:56am
Fund managers in Hong Kong have turned cautious on China’s red-hot internet sector as valuations for high-flying technology firms approach nosebleed levels. Read more of this post
March 3, 2014 Leave a comment
Harvard’s exit strategy
Feb 21st 2014, 9:58 by R.A. | LONDON
A RECENT Free exchange column looked at how online education might affect higher education. Elite institutions should be fine, we wrote, because they product they offer is completely different from the standardised, distance education that MOOCs offer. Unless, that is, they begin offering their own course material online at low prices, in the process breaking their business model. What is that model? Stanford economist Caroline Hoxby hasone answer: Read more of this post
March 3, 2014 Leave a comment
02.27.2014 13:31
Electric Car Charging Stations Powering Down
Major obstacles, including battery-charging station woes, stand in the way of China’s push to put more electric cars on the road Read more of this post
March 3, 2014 Leave a comment
Taiwan’s first TV shopping company goes public today
By John Liu ,The China Post
February 27, 2014, 12:03 am TWN
TAIPEI, Taiwan — Fubon Multimedia Technology is slated to be listed in the GreTai Securities Market today, becoming Taiwan’s first TV shopping company to go public. Read more of this post
March 3, 2014 Leave a comment
How a lonely Aussie student inspired $US19 billion WhatsApp
February 25, 2014
David Ramli
Australia’s tyranny of distance and excessively expensive phone call charges are what transformed WhatsApp into the $US19 billion ($21 billion) company it is today, according to its co-founder and chief executive Jan Koum. Read more of this post
March 3, 2014 Leave a comment
FEBRUARY 26, 2014 by ERIC BARKER
The Simple Thing That Makes The Happiest People In The World So Happy
Research has found about 9 zillion things you can do to increase happiness.
Of course, you’re probably not doing any of them. To be fair, most people don’t really do much to deliberately make their lives happier. Read more of this post
March 3, 2014 Leave a comment
The Unlikely Tale of How ARM Came to Rule the World
By Ashlee Vance February 24, 2014
This is a story about ARM Holdings (ARMH), the mobile technology company. But before it gets going, here are a few things you need to know:
1. ARM is a company made up mostly of chip engineers. They design parts of chips—such as graphics and communication bits—and they design entire chips.
2. ARM sells these designs and licenses its chip architecture to dozens of companies, including Apple (AAPL), Samsung Electronics (005930:KS), Qualcomm (QCOM), and Nvidia (NVDA). Read more of this post
March 3, 2014 Leave a comment
FAMILY BEHIND US CHOCOLATE GIANT CONSIDER SALE
ARTICLE | 25 FEBRUARY, 2014 09:45 AM | BY TESS DE LA MARE
The third-largest chocolate maker in the US, Russell Stover Candies, could net the controlling family more than $1 billion if they decide to sell the business.
The second-generation of the Ward family are mulling giving up the Missouri-based manufacturer of boxed chocolates, and have appointed investment bank Goldman Sachs to assess their options. Read more of this post
March 3, 2014 Leave a comment
Visualizing 15 Years Of Acquisitions By Apple, Google, Yahoo, Amazon, And Facebook
Posted yesterday by Josh Constine (@joshconstine)
You grow old, you slow down, and you die. That is, unless you can inject some fresh blood. After watching the last generation of tech giants wither or stagnate, today’s juggernauts are relying on acquisitions to keep them young and relevant. Check out the interactive infographic below to compare the size, frequency, and focus of the last 15 years of acquisitions by Apple, Amazon, Google, Yahoo, and Facebook. Read more of this post
March 3, 2014 Leave a comment
How to win enemies and influence no one: Uber’s latest surge pricing snafu
BY CARMEL DEAMICIS
ON FEBRUARY 26, 2014
If Uber had a foot, it would be permanently lodged in its mouth at this point.
The company has — yet again — blundered into a terrible publicity disaster, one that it brought upon itself. In case you missed the news, The Verge reported that Uber has been doing “surge price fixing.” Read more of this post
March 3, 2014 Leave a comment
Samsonite trumps LVMH as China retail moves downmarket
12:19am EST
HONG KONG (Reuters) – The world’s biggest luxury brands are slowing their expansion in China as more consumers shop abroad, leaving mall operators holding the bag. Read more of this post
March 3, 2014 Leave a comment
2014-02-27 10:56
Court upholds 4-yr prison term of SK Group chief for embezzlement
The nation’s top court on Thursday upheld a four-year jail sentence against the head of the country’s third-largest conglomerate, SK Group, for embezzling company funds. Read more of this post
March 3, 2014 Leave a comment
Stroke prevention drug found to slow mild dementia
KYODO
FEB 27, 2014
OSAKA – Researchers have found that a drug used in the prevention of strokes, cilostazol, is effective in slowing the progression of mild dementia, according to a study published Thursday in the U.S. online science journal Plos One. Read more of this post
March 3, 2014 Leave a comment
Updated: Wednesday February 26, 2014 MYT 12:50:30 PM
Many big US corporations pay very little in taxes
NEW YORK: Many of the most profitable U.S. corporations paid little or no federal income tax from 2008 to 2012, according to a five-year study issued on Tuesday by a left-leaning tax activist group. Read more of this post
March 3, 2014 Leave a comment
February 26, 2014 3:24 pm
How Lego took to anthropology
By Andrew Jack
‘The Moment of Clarity, Using the human sciences to solve your toughest business problems’, by Christian Madsbjerg and Mikkel Rasmussen,Harvard Business Review Press $28; £18.99
A decade ago, Lego’s plastic brick empire was starting to crumble. Half a century after patenting its click-fit system, the Danish toy company reported heavy losses and gave a sign of the depth of its troubles: the grandson of the founder relinquished his place as chief executive to a McKinsey consultant. Read more of this post
March 3, 2014 Leave a comment
February 26, 2014 5:02 pm
Beware the lure of go-go growth stocks
By John Authers
Rewards for successful investors are high, but hard to reach
US stocks’ long rally has lasted almost exactly five years. The S&P 500 has again hit all-time highs this week. Even the Nasdaq index is showing signs that it might be able to regain its high from 2000. Read more of this post
March 3, 2014 Leave a comment
Last updated: February 26, 2014 7:08 pm
Hedge funds should not be the only activist investors
By John Gapper
The danger is that directors talk to the loudest voices but spurn contact with anyone else
At 78, Carl Icahn shows little sign of retiring, or of becoming more polite. After finally prodding Forest Labs into a $25bn takeover by Actavis, he renewed his attack on eBay this week, accusing John Donahoe, its chief executive, of being “completely asleep or, even worse, either naive or wilfully blind”. Read more of this post
March 3, 2014 Leave a comment
February 26, 2014 7:27 pm
China pollution: Trouble in the air
By Lucy Hornby
Roused by public protests and air-quality tweets from the US embassy, China has vowed to challenge its growth model
“440. Hazardous. Health alert: everyone may experience more serious health effects, please avoid physical exertion and outdoor activities.”
Tweet from US embassy air pollution monitor, Beijing, Tuesday Feb 25 2014 Read more of this post
March 3, 2014 Leave a comment
Thai Builders Face Tough Times as Crisis Drags On
By Khettiya Jittapong on 9:44 pm February 26, 2014.
Bangkok. Political unrest and an over-supplied $20 billion real estate market in Thailand are the latest challenges threatening developers who are canceling new launches in the hopes of staving off a bubble. Read more of this post
咬定青山不放松，立根原在破岩中。 千磨万击还坚劲，任尔东西南北风。
Bamboo Innovator 