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BEIJING - CHINA
24, 25, 26, 27 SEPTEMBER 2013
www .pbs.up.pt An interactive program that includes academic sessions, executive speakers, company visits, industry exploration projects and unique networking opportunities.
China: An Inside View The Economic Powerhouse of the World www.execed.ie.edu/internationalprograms
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www.pbs.up.pt
Program Overview In China everything is possible, but nothing is easy (Chinese Proverb)
China’s move to a more market-oriented system has consolidated its role as a global player. Its strong growth trajectory, set at a 8,5% for 2013 by the IMF, far exceeds the expectations for a stagnant Euro zone projected at a mere 0.7%, or even the US, projected at 2.0%. What is more, as one of the largest exporters and home to hundreds of millions of skilled workers, China’s infrastructure continues to serve as the worlds manufacturing and engineering hub. Possibly of greater importance is that China counts with over 1.35 billion potential customers and an annually quadrupling per-capita income, making it one of the fastest growing consumer markets on the planet. Yet the number of companies that have truly incorporated the manufacturing and logistics advantages that China offers is still small. Those that have are reaping the benefits, not only pursuing China as a sourcing partner, but by integrating their supply-chain facilities with strong market growth opportunities. The possibilities are endless. Thousands of foreign companies have already succeeded in China, taking advantage of both market and cost-saving opportunities, offering key lessons to other organizations who want, and need, to follow in their footsteps.
China: An Inside View The Economic Powerhouse of the World
Program Objectives China: An Inside View has been designed to offer its participants: • Business opportunities from the worlds’ second largest and fastest growing economy. • Awareness of the challenges presented to foreign companies entering the Chinese market and the necessary tactics to overcome them. • Strategies for selecting local partners and insight on how to overcome cultural differences. • Integration of China’s procurement and manufacturing base into your supply-chain. • Understanding the characteristics of Chinese customers’ buying behaviour. • Key success and failure factors in doing business in China.
Who Should Attend This international executive program has been designed for executives who are interested in investing, trading or partnering with Chinese companies, or who are already working in China, but are seeking to improve their business relations within the country. Participants will receive an overview of the political, legal, social, and above all, trade and financial aspects of the industrial and business-to-consumer markets in China. Participants include CEOs, CIOs, Managing Directors, General Managers, Chief Representatives, Country Heads, Functional Directors, and participants who either manage trade relations or drive operations that rely heavily on commerce with the Asian markets.
China: An Inside View The Economic Powerhouse of the World
Program Structure The program features several stimulating modules that address numerous issues of concern to executives interested in initiating business in China. Topics to be discussed include:
Modern China’s Growth Comparison with other major economies Asian economies have been reoriented by China’s fast growth, which has created an enormous consumer market and strong investment opportunities for foreign companies. This session will look at the cultural, historical, political and economic drivers of China’s growth, highlighting contrasts with Western and major emerging economies, especially the other BRICs. It will consider China’s prospects in the face of global turmoil, its outward investment policies and its likely impact on global resources and the environment.
Strategic Human Resource and Leadership in China How to work with the Chinese This session will focus on the challenges that international companies currently face in Human Resource Management when they develop their operations in China, and the solutions to overcome these difficulties. Insights on how Western executives can overcome cultural differences and work effectively with local teams in China will also be shared.
Strategic Marketing in China Possibilities within the Chinese Market After 30 years of growth, China faces many challenges and opportunities regarding the scale, complexity and dynamism of its socio-economic development. The uneven distribution of population and regional differences has resulted in a hierarchical city structure, ranking from well-developed 1st tier cities to rural areas. Since the implementation of the one-child policy, the birth rate has declined, and as a result, the available labor force has decreased. Yet the new generation of teenager consumers has created a huge market for family, personal and online shopping. This session will examine numerous markets in China and differences among Chinese consumers. It will explore key factors that will influence the effectiveness of marketing strategy – media and advertising, distribution and retailing – as well as, opportunities and challenges for Multinational Corporations operating in China.
China’s Financial Market Strategies for long-term growth Chinese companies and financial institutions are increasingly expanding their presence in the global marketplace, while foreign firms and investors also continue to seek access to everexpanding Chinese markets. This session will provide a brief introduction and analysis of China’s financial markets. Participants will review recent developments in China’s banking industry, stock, bond, derivative, and private equity markets. The challenges and opportunities for foreign companies in these financial markets will also be addressed.
Supply Chain Management The future of “Made in China” For the last 30 years China has been the “factory to the world”. By taking advantage of cheap labour, huge production capacity, and export friendly government policies Chinese manufacturers have dominated globally. In the last few years, with the rising wages, a reduced supply of workers, and an appreciating currency, China’s export competitiveness has weakened. In many categories China is no longer the cheapest producer. At the same time China’s domestic market has shown tremendous appetite for consumer products. China
imports are now growing more rapidly than its exports and many global brands and retailers are rushing in to capture market share. So what does the next decade look like for the Chinese supply chain? What are the new competencies to succeed in this environment? How do we make critical decisions for the future? What are the new challenges? We will review the Chinese supply chain changes to date and map out opportunities and trends for the future.
The Transformation of Chinese Companies and Its Global Implications The Past, Present and Future of Chinese Companies Compared with other major powers, Chinese entrepreneurs have been exploring their own way of development for the past three generations. This session will study the new models and strategies that Chinese companies have adopted in the context of globalization. There will also be an in-depth analysis of the challenges and limitations, myths and realities, implications for leadership, recent trends, as well as, the relevant cultural dimension offered by these models.
Strategies for Entering the Chinese Market Opportunities and challenges for foreign companies in China Following China’s accession into the World Trade Organization, foreign companies have gained the opportunity to enter the Chinese business community and compete on equal footing with domestic companies. This session will study how to successfully seize business prospects provided by the Chinese marketplace. One of the main channels is through mergers and acquisitions. Such acquisitions have increased significantly in the last few years. Who are the main players? What are the motives and underlying logic of such acquisitions? What form do these acquisitions generally take? What are the obstacles along the way and how do firms overcome them? What are the consequences of these acquisitions for China and the rest of the world? Additional topics covered will include an overview of foreign firms in China and the strategic issues facing them, such as, joint venture management, entry timing and adaptation to local environment.
China and Hong Kong Banking Sector Two systems within a country This session will provide an overview of the China and Hong Kong banking sectors, addressing their main actors, the financial products offered, general trends, as well as, main similarities and differences. It will also present the advantages of Hong Kong as an offshore financial centre to finance projects and businesses in China.
Key Success and Failure Factors of Doing Business in China Bringing it all together The aim of this session is to bring the program together in an interactive workshop where executives will have the opportunity to apply acquired knowledge. Participants will discuss factors and practices that lead to successfully doing business in China. What can be expected from China in the upcoming years? Has China become a real market? Is China a real competitor? Is it a procurement centre? Participants will also analyse business forecasts for China in 2025, discuss its implications for foreign players, and examine four case studies of foreign companies’ approaches to China.
Preparation for the Program Before the program start, participants will be expected to prepare program documentation in advance in order to guarantee an adequate level of background knowledge on China’s historical and political framework.
Program Agenda This intense four-day program has been structured to provide its participants with a handson view on how to do business in China, through China-specific academic sessions, company visits, case studies, interactive workshops, expert opinions, networking opportunities and cultural events. Participants will attend academic sessions and take part in company visits during the day. Cultural and networking events will be held in the evening. The program content may change, but it will always follow the program’s objectives rigorously.
TUESDAY, SEPTEMBER 10th, 2013 Pre-Program Agenda – Porto Business School Campus - Porto, Portugal. Pre-Program Introduction. Dr. Li-Wei CHAO. Professor of Entrepreneurship, Porto Business School
TUESDAY, SEPTEMBER 24th, 2013 Morning Agenda: Program Welcome and Overview. Modern China’s Growth: Comparison with Mayor Economies. Dr. Leslie YOUNG. Professor of Finance, Cheung Kong Graduate School of Business Strategic HR in China. Mr. Eric DIENY. Executive Vice-President of DHR International Asia Ltd., and Visiting Professor of Human Resources, Cheung Kong Graduate School of Business Afternoon Agenda: Strategic Marketing in China: Possibilities within the Chinese Market. Dr. Baohong SUN. Professor of Marketing and Associate Dean of Global Programs, Cheung Kong Graduate School of Business Evening Agenda: Cultural Event and Welcome Dinner.
WEDNESDAY, SEPTEMBER 25th, 2013 Morning Agenda: China’s Reforms: Its Financial System and Policies. Jin LIU. Professor of Accounting and Finance and Associate Dean, Cheung Kong Graduate School of Business The Future of “Made in China”. Mr. Edwin KEH. Former Chief Operating Officer and Senior Vice President of Wal-Mart Global Procurement and Visiting Professor, The Wharton School, University of Pennsylvania Afternoon Agenda: Multinational Company Visit. Evening Agenda: Networking Dinner with CKGSB Alumni.
THURSDAY, SEPTEMBER 26th, 2013 Morning Agenda: China’s Development Model: A Review. Dr. Bing XIANG. Leading authority on globalization of Chinese companies and Chinese Business in general and Professor of Accounting and Founding Dean, Cheung Kong Graduate School of Business Emerging Market Opportunities: Alliance and Acquisitions Strategies in China. Dr. Binsheng TENG, Professor of Strategic Management, Associate Dean, Cheung Kong Graduate School of Business Afternoon Agenda: Chinese Company Visit.
FRIDAY, SEPTEMBER 27th, 2013 Morning Agenda: Key Success and Failure Factors of Doing Business in China. Mr. Eduardo MORCILLO, Managing Partner and Co-chair of the Management Committee at InterChina Consulting and Associate Professor of Emerging Markets, IE Business School China and Hong Kong Banking Sector. Mr. Jaime AZCOITI Executive Vice-President and Director of Risks, CITIC Bank International and Visiting Professor of Finance, IE Business School Program Closing. Evening Agenda: Farewell Dinner.
World Leading Faculty This executive education program is developed and will be taught by authorities on China. Lecturers are faculty members from IE Business School and Cheung Kong Graduate School of Business, all experts in specific fields of knowledge. The pre-program session in Porto will be led by Porto Business School faculty, together with Portuguese Managers from companies investing in China, as well as, foreign trade and investment government agency representatives.
Professor Leslie YOUNG Professor of Finance, Cheung Kong Graduate School of Business
Dr. Leslie Young holds BSc and MSc degrees from Victoria University of Wellington, New Zealand and a PhD in Mathematics from Oxford University. He is currently Executive Director of the Asia-Pacific Institute of Business, and Professor of Finance at the Chinese University of Hong Kong. In 1983-1992, he served as V.F. Neuhaus Professor of Finance and Professor of Economics at the University of Texas, at Austin. His previous positions include a Fellowship in Economics at Lincoln College, Oxford and Senior Lectureship in Economics at the University of Canterbury, New Zealand. He has also held Visiting Professorships at the Indian School of Business, Australian National University, M.I.T. and the University of California at Berkeley. Professor Young’s fields of interest are international trade, political economy, international finance and financial economics. His book “Black Hole Tariffs and Endogenous Redistribution Theory” was published by Cambridge University Press with recommendations by two Nobel Prizewinners, James Buchanan and George Stigler, and by the Chairman of the Nobel Committee, Assar Lindbeck. He has also published over forty academic articles in top international professional journals in areas such as, international trade under uncertainty, international investment, the economics of export-processing zones, asset pricing under inflation, futures markets, the political economy of trade, the economics of corruption and the ownership and control of corporations.
Professor Eric DIENY Executive Vice President of DHR International Asia Ltd. and Visiting Professor of Human Resources, Cheung Kong Graduate School of Business
Mr. Eric Dieny is Executive Vice-President of DHR International, the fifth-largest Executive Search firm in the US. He is based in Shanghai and has been residing in Greater China since 1982, sharing his time between Shanghai, Taipei and Hong Kong. Prior to joining DHR International, Mr. Dieny was President and principle owner of EMS Consulting, a recognized boutique executive search firm with offices in China and Taiwan. He has also been General Manager of the Taiwan office of a leading Asian executive search firm. Mr. Dieny became an executive search consultant in 1991 when he joined the Asian executive search firm TAO as General Manager of their Taiwan office. Over a period of seven years at TAO, he developed one of the leading executive search consulting teams in Taiwan. He left TAO in 1998 and became a founding partner of EMS Consulting where he served as President until 2008. Under his leadership, EMS established its offices in Taiwan and China and became a recognized boutique executive search firm specialized in high-tech industries. Eric draws on more than 20 years of experience helping multinational companies build executive teams in Asia, handling the major challenges that international companies face in the field of Human Resources Management when they develop their operations in the region.
He has been invited to speak on subjects of leadership and executive team building by the Economist Corporate Network, the American Chamber of Commerce, the European Chamber of Commerce and other business groups in Greater China. He has also written articles on executive career development for the China Post and other publications in the region.Mr. Dieny was born in France. He holds a post-graduate degree in Business Administration from Institut d’Administration des Entreprises d’Aix-en-Provence and an M.A. in Chinese from Paris VII University. He is fluent in Mandarin Chinese, English and French.
Professor Jing LIU Professor of Accounting and Finance and Associate Dean, Cheung Kong Graduate School of Business
Dr. Liu holds a Ph.D. from Columbia University, he is also a faculty member at Anderson School of Management, UCLA. He is an expert on capital markets and securities analysis. His research is widely published in top academic journals such as Journal of Accounting Research and Accounting Review, and has earned the Eric E. Juline Research Award from the UCLA Anderson School and the Barclays Global Investors (BGI) Best Paper Award from the Review of Accounting Studies. A member of the editorial board for the Review of Accounting Studies and Journal of International Accounting Research, Dr. Liu is also an active contributor to popular financial press and consultant to domestic and international financial institutions.
Professor Baohong SUN Professor of Marketing and Associate Dean of Global Programs, Cheung Kong Graduate School of Business.
Professor Baohong Sun is the Dean’s Distinguished Chair Professor of Marketing and directs CKGSB’s Customer Information Management Center. Prior to joining CKGSB in 2008, Professor Sun was Carnegie Bosch Professor of Marketing at the Tepper School of Business at Carnegie Mellon University. Professor Sun received her Ph.D. from the University of Southern California in 1997 and BA from Renmin University of China. Her research focuses on rational and strategic consumer choices and dynamic structural models; dynamic and interactive marketing mix and customer information management; and, most recently, on modeling dynamic and inter-dependent consumer decisions on e-commerce and social media platforms. Professor Sun is also the recipient of numerous awards for research and teaching, including the 2009 Finalist for John D.C. Little Best Paper Award at INFORMS, the 2006 MBA George Leland Bach Teaching Award, and the 2005 CART Research Frontier Award for Innovative Research at Carnegie Mellon University.
Professor Edwin KEH Lecturer of Operations & Information Management Department, The Wharton School, University of Pennsylvania.
Until April 2010 Mr. Edwin Keh was Chief Operating Officer and Senior Vice-President of WalMart Global Procurement. He managed offices in more than 20 countries and sourcing activities in more than 50. Apart from acting as Supply Chain Spokesman on numerous occasions, Edwin helped put together the October 2008 Global CEO Summit on Sustainability in Beijing, China.
Prior to Wal-Mart, Edwin Keh managed a consulting practice dedicated to assist companies on supply chain, manufacturing, and product design, also doing work on non-profit organizations and charities. His commercial clients included Berkshire Hathaway and Payless Shoes, Australia among others. Before that his professional career included postions as Managing Director of Payless Shoesource International, Donna Karan International, and Country Road Australia. He also carried out the start-up sourcing for Abercrombie & Fitch and Structure stores. Professor Keh is currently a faculty member at The Wharton School, University of Pennsylvania. His research interests include retail and supply chain operations in Greater China, sustainability, and decision-making frameworks. He is also working with Yale and Harvard on a new initiative on governance and capacity building in Africa. He serves as Trustee on the board of Whittier College, California. He is on the Board of FACE, a shoe industry charity, and Handa, an NGO that serves the needs of people afflicted with leprosy in China. He advises several social enterprises and speaks and teaches regularly at multiple Universities in Asia and the US. Edwin Keh is the 2011 recipient of the Production and Operations Management Society’s Martin K. Starr Excellence in Production and Operations Management Practice Award.
Professor Bing XIANG Professor of Accounting and the Founding Dean, Cheung Kong Graduate School of Business
Dr. Xiang is the leading authority on globalization of Chinese companies and one of the foremost experts on China business in general. His writings and publications have significantly impacted the managerial practice of companies in China. A highly sought-after authority and consultant on management issues, he serves as an independent board member for a number of companies in the US, Hong Kong, and mainland China. He is also a global board member of trustees for the United Way Worldwide (US) and for Asia House (UK). Dr. Xiang speaks at major business and academic conferences around the globe and writes frequently on the challenges of globalization for Chinese firms and on broader trends in Chinese business and the economy. Dr. Xiang is also a noted scholar and public intellectual whose research has appeared in both peer-reviewed academic journals such as Contemporary Accounting Research and mass-media publications. He is also a frequent commentator on the future of Chinese companies and the economy for both Chinese and non-Chinese media. Dr. Xiang’s research interests include the globalization of Chinese companies, comparative corporate systems, corporate governance, the restructuring and management of state-owned enterprises, private enterprise business models, and corporate competitiveness in emerging markets. Dr. Xiang received his PhD in Business Administration from the University of Alberta, Canada, and his Bachelors Degree in Engineering from Xi’an Jiaotong University, China.
Professor Binsheng TENG Professor of Strategic Management and Associate Dean, Cheung Kong Graduate School of Business
Dr. Binsheng Teng is Associate Dean at Cheung Kong Graduate School of Business and responsible for its MBA program. He is also Associate Professor of Strategic Management at Cheung Kong and a tenured professor of Strategic Management at George Washington University (GWU). He serves as a doctoral advisor and lead professor of the departmental doctoral program at GWU.
Professor Teng has published over 20 articles in academic journals including Academy of Management Review and Organization Science. His research is included in most textbooks on strategic management. An authority on strategic alliances, he has been interviewed by media such as, The Wall Street Journal and The Washington Post. Dr. Teng is also a member of the Academy of Management and serves on the editorial board of International Entrepreneurship and Management Journal. He has received many rewards for his research, including the Wendell and Louis Crain Research Scholar at the GWU School of Business. His biography appears in Who’s Who in America and Who’s Who in American Higher Education.
Professor Jaime AZCOITI Executive Vice-President and Director of Risks, CITIC Bank International and Visiting Professor of Finance, IE Business School
Mr. Jaime Azcoiti joined CITIC Bank International in January 2009 as Executive Vice-President and Director of Risks. He is a seasoned credit and risk management professional with close to 20 years of extensive international experience as Director of Risks of the BBVA Group both in developed (Europe & USA), as well as, emerging markets (Latin America). He was most recently the Global Clients & Structured Finance Director for BBVA in Madrid. Mr. Azcoiti is responsible for managing risks of the Bank and developing the tripartite strategic alignment between CNCB, BBVA and CIFH.
Professor Eduardo MORCILLO Managing Partner and Co-chair of InterChina Consulting and Associate Professor of Emerging Markets, IE Business School
Professor Morcillo obtained a Bachelors Degree in Law from Carlos III University, Spain and a Masters in International Trade and Investment Law from the University of Newcastle upon Tyne, in the UK. He then worked for Sinclair Roche & Temperley in the UK and Credit Suisse Asset Management in Spain before moving to China in 1999 to work for the Spanish Commercial Office in Beijing as an Investment Analyst. He later joined InterChina Consulting in Beijing and Shanghai before returning to Madrid to take over the representation of the consulting practice in Spain. In this position he was in charge of InterChina’s M&A Advisory practice and Business Development. Eduardo Morcillo is currently a Managing Partner with InterChina, and a co-chair of the company’s Management Committee. He is based out of InterChina’s Beijing office. Mr. Morcillo has been in China for the past 12 years and is specialized in cross-border mergers & acquisitions, corporate finance, and strategic planning. He is an experienced negotiator being directly involved in numerous successful transactions in China. In parallel with his advisory experience, Mr. Morcillo is currently an Executive Committee member of the European Union Chamber of Commerce in China, as well as a member of the board of directors for IMAP (leading global M&A organization). He has served as Chairman of the EU-China Trade & Investment Group, Vice Chairman of the Spanish Chamber in China and is an Associate Professor at IE Business School, Spain.
“Our programs allow executives to renew their competitive edge, commitment, entrepreneurial spirit, global vision and their motivation – and later on, our business forums and Centers of Excellence offer platforms for continuous learning.” Santiago Iñiguez. Dean of IE Business School
Fully recognized by the three principal international accrediting bodies in the field of business education.
IE Business School is consistently ranked among the top business schools worldwide by international financial and economic media groups:
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The Wall Street Journal QS Intelligence Unit MBA Programs ranked 1st worldwide
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Financial Times IE Business School ranked Nº 1 in Europe by Financial Times
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Forbes MBA ranked 3rd worldwide
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Businessweek According to the latest Bloomberg Businessweek´s biennial ranking, IE Business School is third amongst international programs
Financial Times IE Business School has further consolidated its position as Nº 2 school wordlwide in finance according to the 2012 ranking of Masters in Finance published by Financial Times
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The Wall Street Journal IE Business School’s International MBA: 3rd in Europe, 8th wordlwide
IE Business School
IE Business School is a leading international business school oriented at providing top-level training for executives. The recognised prestige of our teaching faculty, the degree of excellence of our academic programmes and a clear international focus are the keys behind a learning model that has ranked IE Business School’s Executive Education Division among the top business schools in the world. The Executive Education programmes offered by IE Business School aim to develop the vision, skills and management capabilities required to meet the many and varied challenges facing business organisations, both today and in the future. Our school’s training model promotes personal, intellectual and professional development and does so in a global framework to expand and deepen international perspectives among participants. The programmes we run are open and/or tailored to meet company or individual needs and provide a targeted and thorough foundation that will translate into a direct impact on business and individual performance. In recognition with the high quality and academic rigor of our programmes, IE Business School is accredited by EQUIS (European Quality Improvement Systems), AACBS International (The Association to Advance Collegiate Schools of Business) and AMBA (Association of MBAs). We invite you to join our community and benefit from a unique learning experience in an environment that nurtures top level talent both professionally and personally.
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Cheung Kong Graduate School of Business
Established in 2002, Cheung Kong Graduate School of Business (CKGSB) is China’s first non-for-profit, independent, faculty-governed business school. CKGSB generates and disseminates global business and economic insight with an emphasis on China and emerging markets. Based in Beijing the school has satellite campuses in Shanghai and Shenzhen, and a network of overseas offices in London, New York and Hong Kong. CKGSB offers MBA, EMBA and finance MBA degrees, as well as extensive executive education programs. CKGSB’s unique strengths include: World-class faculty with a global perspective CKGSB faculty members are authorities in their fields and regularly publish in leading peer-reviewed journals. They have trained and taught at the top business schools in the U.S. and Europe—with many arriving at CKGSB after tenured positions at institutions such as Columbia, INSEAD, NYU, Stanford, UCLA, Wharton and Yale. Their research concentrates on explaining how China’s economic growth is influencing not only developed markets, but also emerging economies such as those of the BRIC nations and ASEAN bloc. Unrivalled insights on China’s role in global business CKGSB offers thought leadership on the theory and the practice of business in China. As a leading Chinese research-driven institution, CKGSB generates important insights on topics that will define coming decades and into areas that are not fully understood outside of China— such as the globalization strategies of Chinese companies and competition and collaboration among state-owned, private and multinational corporations. China’s most influential alumni network CKGSB alumni are some of the most entrepreneurial and influential businesspeople in China. Among CKGSB’s more than 5,000 alumni are leaders of China’s largest private and stateowned enterprises, top managers at multinational companies and senior government officials. They are changing the face of business in China and beyond. China’s most exclusive management education programs CKGSB’s management education programs offer platforms for the biggest names in Chinese business to improve themselves both professionally and personally. The CKGSB China CEO program, the most elite program in China, was called a “who’s who of Chinese business” by BusinessWeek and is open to only 50 elite CEOs each year. The EMBA program, 80% of whose participants are VP-level or above, was rated, “Most valuable in China” by Forbes in 2010. A global executive education platform As an Asia-based global business school, CKGSB is distinguished by its unique and innovative insights on global business in an era of growing Chinese economic influence. Regardless of where students are in the world, in emerging or established markets, in the East or West, CKGSB’s global knowledge platform is guiding them in a rapidly transforming world.
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Porto Business School
Making a difference has been Porto Business School’s goal for 25 years. We measure our own success by the impact that we bring to executives, companies, institutions, and to society in general – promoting competence, innovation, development, and inclusion. We daily interact with our stakeholders to vigorously face the economic, environmental, technological, social, and geopolitical changes of an increasingly globalised world. Porto Business School is an institution with distinctive characteristics. Close collaboration with companies and their top personnel ensure a complete alignment between our mission and the present and future needs of the markets. The relationship with the largest and highest ranked Portuguese university empowers the scientific rigor and interdisciplinary nature of our research and teaching. The management experience shared by our renowned faculty body with strong corporate links impels students to become leaders, ready for new challenges, anticipating new trends, responding with innovative business models. The international partnerships reinforce the global vision that we promote in the solutions that we develop. At Porto Business School we continually challenge ourselves to broaden the boundaries of knowledge in an educational environment that stimulates boldness and creativity through the constant share of knowledge and practice. In this way, we produce new realities, changing lives and institutions. We fulfill our mission of improving the quality of management, of triggering change, and of value creation. We foster international partnerships, such as the relationship between Porto Business School, IE Business School and Cheung Kong Graduate School of Business, reinforcing a global vision that nudges our leaders and companies to conquer new worlds.
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Application Process DATES AND VENUE
Hotel accommodation will be provided at a hotel within walking distance from Cheung Kong Graduate School of Business where the academic sessions will be held.
24, 25, 26 and 27 of September 2013. Beijing, China. The academic sessions will be hosted at the Cheung Kong Graduate School of Business campus in Beijing. The company visits and cultural event will take place outside the school facilities.
PROGRAM FEE The general fee is € 5.300.
Payment is due within 30 days of the invoice date or upon receipt of the invoice if admission is within 30 days prior to the start of the program. Cancellation policies are outlined in the information provided to applicants upon admission.
APPLICATION
Special concessions are available for IE and Porto Business School Alumni, groups of executives attending from the same organization, executives registering for more Alumni, groups of executives attending from the same organization, executives registering for more than one program, and early-bird inscriptions. Fee includes: • Tuition. • Hotel accommodation starting one day before the program to the last evening of the program (5 nights). • Lunches, dinners, and coffee breaks during the program. • Local transportation for company visits and cultural event. • Company Visits. • Cultural and Networking Events. • Study Materials and Documentation.
Candidates may apply by sending the application form that accompanies this information by email to china.inside@pbs.up.pt or fax to +35 226 100 861. Applications will be processed on a strict first come first serve basis. Early application is encouraged as places are limited.
FOR FURTHER INFORMATION, please contact: Isabel Pinho Program Manager - Porto Business School Rua dos Salazares, 842 4149-002 Porto - Portugal china.inside@pbs.up.pt Tel.: +35 226 153 270 Fax: +35 226 100 86 www.pbs.up.pt/exceed/consortiumprograms/chinainside
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