Richard Li vamps it up with vintage Madonna Perhaps Prince Richard is too pre-occupied with young idols lately. So when Richard Li Tzar-kai offered advice to the young graduates of a Silicon Valley business college last weekend, he brought up Madonna Louise Ciccone as a successful business case study. Speaking with 300 graduates at his alma mater Menlo College, Prince Richard pointed out that Madonna's latest album, 'Hard Candy', was at the top of the charts in the United States and Britain, an amazing 25 years after her first hit 'Holiday' saw the Queen of Pop rise to stardom. 'That is sustained success in anyone's book,' he said. 'How does a 49-year-old singer with - frankly - an indifferent voice and modest musical talent achieve such business success over so many years - in a male-dominated industry that churns mercilessly through talents and worships at the altar of youth?' The answer laid in 'self-reinvention'. He noted the music industry's top earner was brilliant in image making, being superb at combining a rebellious streak and a willingness to break tattoos with rare commercial energy and business pragmatism. (The description does fit quite well into Prince Richard's persona, we suppose). Admitting the information technology industry is just as competitive as the music industry, he sees similar migration from people communicating with telex to fax and now internet and mobile, as people migrating from records and cassette tapes to DVDs and internet downloads. Both were changing at breakneck pace. 'No one has the chance to sit on their laurels, no matter how clever an idea they have concocted - because there are no laurels to sit on in the first place,' he told his audience. Judging from the number of girlfriends he goes through, we can say Prince Richard isn't one to sit on his laurels. His latest number, Isabella Leong Lok-sze, is taking a three-month English course at Stanford University. But at least he is consistent in his career about one concept: 'Content is king.' With Richard's backing, who knows if Isabella might not turn into another Madonna? Boardroom calm shattered Funny how a desperate chairman was willing to take his family and uncles to court in his attempt to regain his post to lead the board, and how a frustrated director decided to call it a day because he could not retrieve certain information from management. It all happened in a day in the two blue-chip companies most famous for good corporate governance. You might find Hong Kong Exchanges and Clearing being too transparent on David Webb's resignation, carrying his whole letter of complaint criticising its bureaucracy and hypocrites on its website. On the other hand, you may scratch your head as to why Sun Hung Kai Properties offered no public announcement to shareholders on whether chairman Walter Kwok Ping-sheung would be allowed to return to the helm after three months of absence. In a highly unusual move in local corporate history, Walter Kwok applied for an interim injunction to stop the SHKP board of directors from voting to oust him. His two younger brothers - Thomas and Raymond - had proposed to replace Walter with their 80-something mother Kwong Siu-hing. Matriarch Kwong has never been a director. With an unhappy board of directors, Hong Kong's No1 developer is seeking a new chairman, probably a heavyweight that all Kwok brothers accept, to preserve what used to be the best-managed property brand in the city. So who can come forward to take on the challenge? We nominate Mr Webb, who knows a thing or two about corporate governance. Ad of the week After reading the printed and outdoor ad of Sun Hung Kai Properties about its International Commerce Centre, a few readers couldn't help but wonder about the leaves used as a backdrop. One wrote Lai See and asked: 'Is it just me, or do the plants in the ICC 'I see growth' ad look a lot like hemp?' Of course, he wasn't referring to the kind one uses for cordage.