More Chinese students are studying abroad than ever before, here are the numbers. Chinese students are studying overseas in much greater numbers than ever before. Statistics shows that in 2014 alone, more than 459,800 Chinese students went abroad, heading to mostly the United States, Australia, Canada, the UK and Japan. Two-thirds of 4.5 million chose […]
Countering Supplier Power: Can an Employee be Too Good?
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?
How Embedded Education Can Solve Many Problems
In every country, there are vast populations that need to be educated about something, like say personal health or hygiene, but it’s hard to do that because they are too poor, too busy, too old or just plain shy. The challenge then becomes: how do you reach out to them and achieve the desired outcomes. A concept called ‘embedded education’ can help here. Embedded education, or the practice of educating people through encounters that they already have with existing delivery systems, might just prove to be more effective than traditional mechanisms. So don’t be surprised if your barber starts educating you on hypertension the next time you get a haircut.
The State of Philanthropy in China
Philanthropy in China doesn’t exactly have a good track record. What are the chances that the country will turn it around?
Homeward Bound: Chinese Sea Turtles Return to a New Reality
Long the purveyors of advanced skills and knowledge, Chinese sea turtles, or overseas returnees, are now finding a different environment back home.
Leta Hong Fincher on the Pursuit of Marital Property in China
Author and researcher Leta Hong Fincher on the confounding phenomenon of women forfeiting their property wealth in China.
Innovation with Chinese characteristics
Around the world, the October death of Apple co-founder Steve Jobs was a collective moment of mourning, admiration, and reflection. In China, another element was added to the mix: self-flagellation. Why, lamented many commentators, has China failed to produce its own Steve Jobs? Former Google China chief Kai-Fu Lee, writing on Sina Weibo, blamed an […]
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