I'm "Homecoming" :)

Event: FBE Homecoming Dinner
Date: June 25, 2011
Time: 6:30pm - 10:00pm
Venue: Luke Yew Hall





I brought the book of “The Economic System of China written by Professor Steven Ng-Sheong Cheung” with me and hoping that I could get a autography from Professor Cheung but I guess you would know the result from the photo….....hm!



However, with the company of 1998 Dominus Estate (USA, California, Napa Valley), just nothing to complain about! Cheers!

Miss you much!

I miss my school days so much........!

Yes, I miss the days when I totally devoted myself to my MBA life, not purely studying but interconnecting with lecturers, classmates, teammates, books, assignments, events and so. I wonder if it is too desperate in telling everybody that the time I spent in studying the MBA degree is the happiest moment that I ever experienced. It's so excited whenever the receipt of new data that keeps challenging my existing belief or perception. Something that I used to perceive as “boring” may turn out to be funny. Others perceived as absolute right may suddenly change into unlikely. I honor the new spectrum that brings into my life so much.......! Or more precisely that I miss those "high quality brainstorming”so much........!

MBA Graduation is on its way.........haha

Management ideology tell the difference

I don't know why but I just keep thinking about one of our Professors’ statement for months and the statement is “The China banking system which supposed to be the worse of the kind before the Credit Crunch seemed to become the strongest and safest one suddenly right after the crisis!”

Firstly, I am asking myself if I agreed with the statement. Well, from system-wise point of view, the answer is definitely NO! Hey, don't you remember around a decade ago, we were discussing about the NPLs ratio in the China banking system? It is still the argument that goes against the recent credit extension. However, from what we observed in reality so far (ever since the occurrence of credit crunch), the answer is probably YES, but why?

Provided that there is no change in the system flow nor the process, I cannot explain it from the angle of system improvement or value-added process in the banking system.

As again, there is no change in the management culture or style behind the scene, I don't agree neither that the reliance on kinsmanship, guanxi or family connections which are the stereotypes of the Chinese or Asian management style is the underlying stabilizer, hence where is the clue?

In my opinion, it is the ideology that backup the banking system. Under the state of socialism with Chinese characteristics, the banking explicit system itself was constructed in western style, the implicit management ideology behind is purely Chinese. Hence, the China Banking System itself cannot be solely explained according to the western management theory. Say for example, Policy Bank in China (China Development Bank, Export-Import Bank of China and Agricultural Development Bank of China), which is alien in the free market society, is working on projects that aimed for maximizing social utility in the long run rather than tracing the short term profit gains so as to keep them where they are. With fundamental differences in aims/objectives, it is not difficult to explain the differences in the outcomes.

There maybe black swans but most banks in China were not behaved much in the same way as those banks in the west except the outlook. Even they did eat up toxic assets; they did it in a comparatively more prudent way than their rivals in the rest of the world. Hence, they are comparatively saved from the crisis this time. With lesser toxic assets, it is understandable why China Banking System suddenly became stronger and healthier after the crisis in a comparative sense.

The blending of Chinese and Western Management Theories

Right after finishing my last module in my MBA study, I got the chance to study our company internal management course that started in early June this year, mentored directly by our Group President who challenged the practicality of MBA.

Before the class, we were required to understand the western theory of Maslow, A.H plus the eastern philosophy of Confucius -The Analects and Lao Tzu. For me, these eastern philosophy can be classified under the category of self motivation. Just like the Chinese medicine that aimed to stimulate body internal immune system to do whatever it wants, the potential within is unlimited and multiple but depending on receiver's perceptibility. They are the implicit kind of theories. When things go wrong, the weakness of the person's perceptibility will be refined.

In contrast, within the MBA course, we are studying the standard model/system/evolution of different subjects that can satisfy/represent the norm, just like the pain killer in the Western medicine, simple and straight forward in pain killing. When things go wrong, the system/process that are using will be re-examined.

Just like most of the modern Chinese in Hong Kong, they always switching and interchangeably from Western to Chinese Medicine or vice versa whenever they think fit and it works! Hence, why we can't apply both Chinese and Western Management theories and use it interchangeably to cope with our daily management needs?

High Table Dinner

I wonder the attached URL is a good reference source for all High Table Dinner organizers.
http://www3.hku.hk/uhall/tradition.php

Participants of the High Table Dinner are expected to be offered the valuable chance to learn from the speech by the Guest of Honor. Usually there will be a theme/topic for speech or discussion. Chances to exchange idea and opinion among fellows on the selected topic are nurtured. More, it's better not to be a mere singing performance with some entertaining games, as you don't need to join a High Table Dinner just to listen to a few singers' song right!

Think smart?

Being a Chinese, I was taught ever since my childhood to obey and accept all kinds of fate peacefully. Hence, when MNC Professor said “You have to realize what to do and what better chose not to do!” in class, I was inspired! By coincidence, a new job scope expansion chance appealed to me at the beginning of the module MNC. What Professor’s mentioned gave me strength to turn it down again. Hm.....I know it so well what will be the consequence for saying “No” twice to your mother company within a year time.....but I still felt that instead of saying yes and accepting all assignments unquestionably, might be it's the time learn to think smart in one's own MBA way before move. What's my MBA way......?????..........i.e the way to act Mentally Below Average!!!