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Torben Pheiffer on Chinese Consumer Behavior in a Rapidly Changing Market

ArticleAugust 17, 2016

Torben Pheiffer from SapientNitro explains how MNCs need to adapt their branding strategies in China.

Design and Business: The Future of Design Thinking

ArticleMay 17, 2016

A number of businesses have made remarkable gains by integrating design thinking into their development process—not the least of which was Hovey-Kelley, which morphed in the early ’90s into IDEO, the international design giant. Some universities are even beginning to include a mandatory course in design thinking in the general curriculum. Some corporate strategy experts argue that design thinking is nearing the kind of inflection point that the Quality movement reached in the late 1980s, when the total quality methodology became an inescapable part of doing business. Yet some critics are saying design thinking is dead. But the truth is its value lies in the worldview it propagates.

Curating Chinese Art: Abstract Value

ArticleApril 26, 2016

In November 2015, Chinese collector Liu Yiqian spent $170.4 million, the second-largest amount ever spent on an artwork bought at auction, on the purchase of Nu Couché by Italian painter Amodeo Modigliani. People like him are driving the attention of both the media and the world’s biggest auction houses toward China. But the nation’s art scene is also flourishing domestically as Chinese artists gain international acclaim and both galleries and museums open all over the country—China has seen over 100 new museums a year every year since 2008. Eventually, the burgeoning Chinese art market means serious money, and also an incredibly richer cultural scene.

Countering Supplier Power: Can an Employee be Too Good?

ArticleMarch 9, 2016

Managers instinctively think about the threat of competitors because they can push down prices and lower profits. But there are other threats to profits that managers should not ignore. One of these is the threat that suppliers can pose. This idea was formalized and called “supplier power” by Harvard economist Michael Porter in 1979. The idea is that even with little competition a firm can still lose profits to a supplier that has significant bargaining power. But the situation gets even more complicated when the people bearing the supplier power are its own star employees. What should a company do about that?

Dean Xiang Bing: Take Advantage of Chinese Government’s National Agenda

NewsFebruary 15, 2016

Despite going through a minor recession, China is still a valuable part of the global economy, according to CKGSB Founding Dean Xiang Bing. In an interview with influential Korean newspaper Chosun Ilbo, he expressed optimistic views about China’s growth as it seeks to address its wealth distribution and environmental issues.

Game On: Companies Battle for the Chinese video game market

ArticleNovember 23, 2015

In China a healthy gaming culture centered around PC games, and more recently, mobile games, is thriving. Despite a historic decision by China’s Ministry of Culture in January 2014 to lift its 14-year ban on video game consoles, foreign console companies Sony and Microsoft have largely failed to woo China’s 517 million gamers. In July 2015, Niko Partners estimated that fewer than 550,000 of Sony Playstation 4 and Microsoft Xbox One, combined, will be sold in China by the end of the year, a pittance compared to the profits made by both PC and mobile gaming. Both companies are trying to make headway in this potentially fruitful market.

Firing the Annual Performance Review

ArticleSeptember 14, 2015

Why are more and more companies—from Accenture to Deloitte—jettisoning the dreaded practice of the annual performance review.

INCAE EMBA Students Develop China Business Acumen at CKGSB

NewsSeptember 12, 2015

Against the dramatic backdrop of a military parade featuring 12,000 People's Liberation Army troops, more than 100 aircraft and about 500 pieces of military equipment, a group of 83 EMBA students from INCAE Business School recently studied at CKGSB’s Beijing campus.

Externalities and Minding Other People’s Business

ArticleAugust 24, 2015

When externalities are present, decisions optimal for the person making them are not necessarily optimal for society. So what can be done about them?

CKGSB Professor Teng Bingsheng: Find Your Answer in the Uniqueness of Korea

NewsAugust 15, 2015

In an interview with Korean media outlet Chosun Biz, CKGSB Associate Dean Teng Bingsheng provided helpful insight about current trends and the market situation for successful businesses in China. He also suggested solutions for Korean companies to survive amid intensifying global competition.

China Module for MBAs Sheds Insights on China Business

NewsJune 26, 2015

With China headlines filling global business media and Alibaba claiming the title of the largest IPO in history, don’t you wish you knew more about China and what’s really happening there? There’s nothing quite like being in China to experience it firsthand and CKGSB’s China Module is the perfect introduction.

Is Corporate Social Responsibility China’s Secret Weapon?

ArticleMay 27, 2015

Chinese companies are starting to realize that corporate social responsibility is an important part of their transformation into a reputed brand.

Chinese Firms “Need Global Vision”

NewsApril 29, 2015

Innovative Chinese firms have previously suffered at the hands of firms who have followed the imitation and copying model. But in the future, if Chinese firms are serious about long-term, sustainable success, they will need to adopt a more global perspective and create a new era of innovation.

CKGSB Associate Dean Teng: Family Business Succession No Longer A Taboo Topic in China

NewsApril 14, 2015

Five years ago, Chinese entrepreneurs might have feared and shunned the topic of “family businesses.” Nowadays, second-generation leaders have started to openly talk about business succession.

Is the Chinese Electric Car Market Revving Up?

ArticleMarch 30, 2015

As awareness increases, Chinese consumers are taking to electric vehicles. But just how evolved is the Chinese electric car industry?

China Data: A Milestone for RMB Internationalization

ArticleMarch 9, 2015

Essential numbers on China: from the RMB internationalization to the contraction in the luxury market, growth in e-commerce transaction value, and more

The Glass Ceiling in China: Is it Getting Thinner or Thicker?

ArticleDecember 29, 2014

What does the prominence of successful business women, despite pressures from society and family, say about the glass ceiling in China?

Crafting Winning Negotiation Strategies

ArticleDecember 23, 2014

Stuart Diamond, author of Getting More, on the negotiation strategies that will help you seal the deal—and achieve much more.

If You Want True ‘Guanxi’, Study at CKGSB

NewsDecember 1, 2014

Forbes Korea recently covered CKGSB in a special feature in their December edition, in which Dean Xiang Bing talks about the school’s unparalleled alumni network, and the school’s plans for expansion. Not only will 2015 see the launch of the new Dual Degree EMBA Program with IMD, but the focus will widen from business in China to global leadership and global ownership.

M&A Fever in China: Increased Investment Expected in Korea

NewsOctober 24, 2014

More coverage for CKGSB from the Korean media came recently after the Aju Business Daily interviewed Associate Professor of Economics and Finance at CKGSB Li Xiaoyang and current CKGSB EMBA student Li Kan about the outlook for M&A in China and its impact on Korea. The two were speaking following their participation in the World Knowledge Forum in Seoul.

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