R.E.S.-ilience in Value Creation 《竹经：经商经世离不得立根创新》
January 17, 2014 Leave a comment
5 Morning Rituals That Will Keep You Productive All Day
JAMES REINHART, ENTREPRENEUR
JAN. 15, 2014, 3:30 PM 129,078 16
Most of us work long hours: 40, 50 or even 60 hours each week. But chances are, given distractions like online entertainment, office snacking habits and ill-designed time management, we’re only churning out high-quality work a portion of each day. Read more of this post
January 17, 2014 Leave a comment
January 15, 2014 6:56 pm
Bankers and lawyers are on an unhealthy treadmill
By John Gapper
While long hours are not worth the effort, those able to effect change do not care
For years, getting a job at a Wall Street bank, a Magic Circle law firm or a blue-chip management consultancy was a route to a very rewarding career in return for an awful lot of work. Lately, the bargain has lost some of its appeal to the best and the brightest. Read more of this post
January 17, 2014 Leave a comment
Updated: Tuesday January 14, 2014 MYT 7:54:46 AM
Believe in your dream and choose investing partners who share your vision
BY JEANISHA WAN
After I wrote the article about not giving up (Star MetroBiz, Oct 22, 2013), a number of people wrote to me echoing similar sentiments and suggested meeting up to continue to spur and inspire each other in our journey of entrepreneurship. And so we did. A small group of us met up several weeks ago and I was encouraged by their stories. Read more of this post
January 17, 2014 Leave a comment
Australian scientists microchip bees to map movements, halt diseases
Wed, Jan 15 2014
By Thuy Ong
SYDNEY (Reuters) – Australian scientists are gluing tiny sensors onto thousands of honey bees to track their movements in a trial aimed at halting the spread of diseases that have wiped out populations in the northern hemisphere. Read more of this post
January 17, 2014 Leave a comment
Anheuser-Busch InBev: Here’s to payday; Sell assets, win bonuses. Buy them back, keep bonuses. Nice work
Jan 18th 2014 | From the print edition
PAYING $4 billion for a business you sold for $1.8 billion five years ago is not much of a way to make money. But Anheuser-Busch InBev (ABI), a giant brewer, may be about to do just that. It is reported to be negotiating to buy Oriental Brewery of South Korea from its private-equity owners, including KKR, to which it had sold the firm in 2009. The sale helped ABI hit financial targets which unlocked $2.5 billion of bonuses for its executives, including $289m for its boss, Carlos Brito. Although the sale may now be reversed, it appears that the bonuses will not. Read more of this post
January 17, 2014 Leave a comment
Corporate culture: Learning the lingo; Forget annual reports. Go to the canteen for what makes a company tick
Jan 11th 2014 | From the print edition
Leverage: The CEO’s Guide to Corporate Culture. By John Childress. Principia Associates; 353 pages; $24. Buy from Amazon.com
IN JULY 2012 the treasury committee of Britain’s House of Commons summoned the boss of Barclays, Bob Diamond, to face the music. Barclays had been caught taking part in an industry-wide conspiracy to fix Libor, a benchmark interest rate, and the members of parliament wanted to know what was going on. Why had friendly high-street banks been transformed into financial casinos? And why did scandals keep piling upon scandals despite outrage from the public and promises to mend their ways from banking CEOs? Much of the answer, according to both Mr Diamond and his interrogators, lay in a phrase that was used more than 50 times during the hearing: “corporate culture”. Read more of this post
January 17, 2014 Leave a comment
Business communities: All together now; What entrepreneurial ecosystems need to flourish
Jan 18th 2014 | From the print edition
BLOCK 71 HAS long been slated for demolition. A look at the tenant list for the seven-storey industrial building on Singapore’s Ayer Rajah Crescent helps explain why it is still standing: nearly 100 startups live there officially and perhaps as many again informally. Their often strange monikers are interspersed with the more conventional names of venture-capital firms, accelerators and the like. Read more of this post
January 17, 2014 Leave a comment
Build it and they may come: Management schools are on a building spree. That is a risk for some
Jan 18th 2014 | From the print edition
BUSINESS-SCHOOL students are a pampered bunch. Scholars sipping a glass of red in the posh rooftop bar of Oxford’s Saïd Business School could be forgiven for thinking they had wandered into the nearby Randolph Hotel by mistake. Stanford students can view an impressive modern-art collection housed in its own museum. Harvard Business School MBAs can book a masseuse to relieve the stress of a hard day slaving over case studies. Read more of this post
January 17, 2014 Leave a comment
Cryptography: Unsafe and sound; Ciphers can now be broken by listening to the computers that use them
Jan 18th 2014 | From the print edition
EAVESDROPPING, be it simply sticking an ear against a door or listening to and analysing the noises made by tapping different keys on a keyboard, is a stock-in-trade of spying. Listening to a computer itself, though, as it hums away doing its calculations, is a new idea. But it is one whose time has come, according to Adi Shamir, of the Weizmann Institute, in Israel, and his colleagues. And Dr Shamir should know. He donated the initial letter of his surname to the acronym “RSA”, one of the most commonly used forms of encryption. Acoustic cryptanalysis, as the new method is known, threatens RSA’s security. Read more of this post
January 17, 2014 Leave a comment
Come home, son! Guangzhou mom buys front page of Melbourne paper
Staff Reporter 2014-01-17
A Chinese mother bought the entire front page of the Chinese Melbourne Daily to urge her son to come home from Australia for the upcoming Lunar New Year, promising that she will not pressure him to get married this time. “(I) have called you several times and you did not take my calls. Maybe the only way to get my message to you is here. Mom and Dad will not pressure you to get married ever again. Please come back home for New Year! Love, Mom,” read the front page ad in the Chinese-language newspaper on Jan. 14. L)
January 17, 2014 Leave a comment
Business strategy and technology: The Big Bang Theory; How to identify threats—and then see them off promptly
Jan 11th 2014 | From the print edition; Ya Kun ko[o?
Big Bang Disruption: Strategy in the Age of Devastating Innovation. By Larry Downes and Paul Nunes. Portfolio; 278 pages; $29.95 and £14.99. Buy fromAmazon.com, Amazon.co.uk
FOR years Sleep HealthCenters, an American company that ran clinics at which people with sleep disorders could stay overnight to have their ailments diagnosed, grew nicely and steadily. But in 2012 its dream business turned sour as folk began using cheap, wearable devices that let experts monitor them while they snoozed in the comfort of their homes. Sleep HealthCenters closed some of its facilities as its revenue fell, but its fortunes faded rapidly and the following year it threw in the towel. Read more of this post
January 17, 2014 Leave a comment
New year, new tricks: scams to steer clear of
January 17, 2014 – 1:19PM
The new year has brought fresh warnings for consumers to be on the lookout for fraudsters who are trying various ways to separate us from our money. Many scams are old tricks – but updated with new twists or technology. Other cons have emerged in response to better detection and policing. Financial Fraud Action UK says fraudsters are targeting consumers directly through “deception” crimes – where they try to dupe people into parting with information – because the security features on payment cards have improved. The frauds listed here have been recorded in the UK – but criminals are ingenious and creative, so don’t think they won’t try them in Australia. Read on – and beware. Read more of this post
January 17, 2014 Leave a comment
Measuring management: It is no longer just a plausible theory that good management boosts productivity
Jan 18th 2014 | From the print edition
MANAGEMENT is one of the most successful industries of the past century. In 1914 it was a mere infant. The Harvard Business School (HBS) was just six years old. Management literature consisted of Frederick Taylor’s “The Principles of Scientific Management” (1911) and a few other scraps. Today it is a loud-mouthed adult. A quarter of American graduate students study business. Some of the world’s most profitable businesses peddle the modern equivalent of Taylor’s “Principles”.
January 17, 2014 Leave a comment
Building companies: Rocket machine; How to build companies from a kit
Jan 18th 2014 | From the print edition
WHY BOTHER WITH accelerators? Why not just hire a bunch of clever youngsters, provide them with the necessary cash, support and technology, and tell them to pursue a business idea with a proven success record? That should make it possible to start a new company in weeks, not months or years. Read more of this post
January 17, 2014 Leave a comment
January 16, 2014 4:44 pm
Tales from an overworked City
By Emma Jacobs
During an internship at Goldman Sachs, one undergraduate, who prefers not to be named, learnt a great deal about banking – and himself. “I know that I can work 15 to 20-hour days without collapsing,” he says, although he admits to nodding off in the toilet a couple of times. Such stamina “is a useful skill to have”, the student reflects. Read more of this post
January 17, 2014 Leave a comment
Accelerators: Getting up to speed; The biggest professional-training system you have never heard of
Jan 18th 2014 | From the print edition
IT FEELS LIKE some prayer meeting. Two middle-aged men start by telling the audience how important it is to pitch in. A booming voice announces the acts, greeted by loud cheers; then some enthusiastic young people jump onto the stage and start talking about their missions. One wants to help women sell their unused clothes and shoes; another to teach children to manage money more responsibly; a third to bring the reinsurance market online at last. Read more of this post
January 17, 2014 Leave a comment
Bad Corporate Marriages: Waking Up in Bed the Morning After
Ye Cai Santa Clara University – Leavey School of Business
Hersh Shefrin Santa Clara University – Leavey School of Business; National Bureau of Economic Research (NBER)
December 27, 2013
Abstract:
This paper examines corporate risk taking behavior in the wake of unsuccessful merger activities. We find that relative to other firms, firms that made bad acquisitions take both more systematic risk and more idiosyncratic risk. Moreover, higher risk is associated with greater value destruction and stronger corporate governance. The increased risk can be traced to increased cash flow volatility, increased leverage, decreased asset liquidity, more investment in R&D, and more equity-based executive compensation. These findings are in line with the behavioral approach suggesting that in the domain of losses, decision makers generally become more tolerant of risk.
January 17, 2014 Leave a comment
Baby Birth Costs Vary 10-Fold in Hospitals, Study Finds
The cost of giving birth at a hospital can vary by tens of thousands of dollars, a price range that is “largely random” and unexplainable by market factors, a California study found. Read more of this post
January 17, 2014 Leave a comment
WeChat to manage wealth
BEIJING, Jan. 17 (Xinhuanet) — Tencent Holdings Ltd pushed into the nation’s booming online financial services sector on Thursday as it announced plans to launch a wealth management service on its dominant mobile messaging app WeChat. Read more of this post
January 17, 2014 Leave a comment
Hardware startups: Hacking Shenzhen; Why southern China is the best place in the world for a hardware innovator to be
Jan 18th 2014 | From the print edition
OH NO, NOT another accelerator, you may think. But this one is different. On the tables are not just the obligatory laptops and smartphones but circuit boards, cables, screwdrivers and a few items which look only vaguely familiar. One resembles a very old mobile phone with an oddly shaped knob attached to it. Another, a set of small blocks with switches and buttons, calls to mind a disassembled mixer in a recording studio. Yet another might be the microphone of a computer headset, but is mounted on a pair of glasses.
January 17, 2014 Leave a comment
The Rise of China’s Innovation Machine
Once Mostly Known for Manufacturing Prowess, Chinese Tech Firms Are Challenging Market Leaders
JURO OSAWA in Hong Kong and PAUL MOZUR in Beijing
Jan. 16, 2014 3:00 p.m. ET
China has long been the factory floor that churns out popular gadgets for companies world-wide, but the country’s own technology products were rarely viewed as leading edge. Read more of this post
January 17, 2014 Leave a comment
01.16.2014 17:04
Founder of Company that Makes Beidou Equipment Arrested for Taking Funds
Scandals in Chengdu expand to include He Yan, head of firm that is linked to China’s prized satellite navigation project
By staff reporter Liu Zhuozhe
(Beijing) – The founder and controlling shareholder of the company that makes equipment for China’s Beidou navigation system has been arrested on charges of misappropriation of funds. Gotecom Electronic Technology Co. Ltd. made the announcement regarding He Yan, 53, on January 15. The firm, which is based in Chengdu, in the southwestern province of Sichuan, said the episode is not affecting its business. Read more of this post
January 17, 2014 Leave a comment
01.17.2014 11:47
Private Chinese Companies Struggle to Invest in America, Expert Says
Executive at company that advises Chinese firms says 90 out of 100 that were interested in going to U.S. saw their attempts fail
By intern reporter Ge Qing
(Beijing) – Investments by private companies into the United States rose last year, but one expert says a large number of firms are seeing their attempts to head to America fail. Read more of this post
January 17, 2014 Leave a comment
ICBC Won’t Repay Troubled China Trust Product, Official Says
Industrial & Commercial Bank of China Ltd. is rejecting calls to bail out a troubled 3 billion-yuan ($495 million) trust product, a bank official with knowledge of the matter said, stoking concern that the nation’s first default on such high-yield investments may be looming. Read more of this post
January 17, 2014 Leave a comment
Jan 16, 2014
Fewer Employees Moved to China in 2013
The heady days of people rushing to China in search of opportunity are waning.
At least one relocation firm has found that more people moved from China to the U.S. last year than the other way around, the first time this has happened since St. Louis-based UniGroup Relocation, which moves more than 260,000 families yearly, started compiling this data in 2006. Meanwhile, the move of household goods into China tracked by another relocation firm, Asian Tigers Mobility, fell 10% in 2013, the largest drop in more than a decade. Read more of this post
January 17, 2014 Leave a comment
Farming cooperative turns Sichuan village into rich town
Staff Reporter
2014-01-17
The farming cooperative has found itself an exemplar in a village in southwest China’s Sichuan province. Its residents, known now as “tuhao” (nouveau riche), made 13 million yuan (US$2 million) in 2013. Read more of this post
January 17, 2014 Leave a comment
Davos Teaches China to Ski as New Rich Lured to Slopes
Davos has attracted Bill Clinton, Angelina Jolie and Bill Gates. Now the Swiss Alpine village is deploying a 27-year-old Chinese ski instructor to appeal to the world’s most populous nation. Read more of this post
January 17, 2014 Leave a comment
Credit tapering in China to continue in 2014: JP Morgan
Xinhua
2014-01-17
China’s lending moderated in 2013 and the growth of broad money supply slowed, triggering forecasts that credit tapering will continue in 2014. China’s new renminbi-denominated lending stood at 8.89 trillion yuan (US$1.5 trillion) in 2013, up 687.9 billion yuan (US$113.6 billion), the central bank announced on Wednesday. Read more of this post
January 17, 2014 Leave a comment
CPC senior adviser’s 1990 book on corruption revisited
Lou Yin and Staff Reporter
2014-01-17
The website of Hong Kong’s Ta Kung Pao newspaper recently published a digest from a 1990 book by Wang Huning on corruption, containing insights shared by the former senior adviser to China’s leaders. Read more of this post
January 17, 2014 Leave a comment
Could Chinese Regulators Make Bill Ackman Richer?
Dealing with regulators can be a challenge for any business. It’s especially true for companies that might be declared lawbreakers at any time.
So it’s no surprise that shares of Nu Skin Enterprises Inc. have plummeted about 37 percent since the Chinese government said that it would investigate the personal-care company on the grounds that it might be an illegal pyramid scheme. The probe comes a day after the publication of a report on the company in the People’s Daily, the official newspaper of the Communist Party of China. 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 