https://www.scmp.com/rss/320732/feed Welcome to the South China Morning Post’s dedicated Management section. It brings readers a combination of exclusive interviews with senior executives, global brand builders, entrepreneurs and hot start-ups – people willing to share their insights into what makes a business (and its leaders) great. We’ll also have practical pieces from professors at some of Asia’s top business schools with case studies and top tips on how to tackle the management challenges faced by executives at every level,... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Andrew Sun Andrew Sun MY HONG KONG CHILDHOOD was very typical. I’m the oldest of five girls. From a young age, I carried the responsibility of helping my mum look after my sisters, so I developed a big sister mentality. That sense of looking after people is deeply rooted in my personality. Hospitality was introduced to me through one incident at my first job, selling advertising for a woman’s magazine. I met the PR manager of a hotel in Tsim Sha Tsui. I was very young and my first impression was she’s so beautiful,... https://www.scmp.com/postmag/passions/article/3334742/peninsula-hong-kongs-first-female-general-manager-rainy-chan-burnout-and-joy-reinvention?utm_source=rss_feed https://www.scmp.com/postmag/passions/article/3334742/peninsula-hong-kongs-first-female-general-manager-rainy-chan-burnout-and-joy-reinvention?utm_source=rss_feed Mon, 01 Dec 2025 07:15:08 +0000 Cat Nelson Cat Nelson In most global financial centres, women chief executives remain a rarity. In Hong Kong, they are increasingly part of the landscape. Among them are Amy Lo Choi-wan of UBS, Mary Huen Wai-yi of Standard Chartered and Bonnie Chan Yiting of Hong Kong Exchanges and Clearing, members of Women Chief Executives Hong Kong (WCE) and co-organisers of Monday’s Women Chief Executives Summit in the city. Lo describes the beginnings of WCE as spontaneous, just a handful of women meeting over lunch. “We thought... https://www.scmp.com/postmag/culture/article/3330914/ubs-hkex-and-standard-chartereds-women-ceos-blazing-trail-and-finding-balance?utm_source=rss_feed https://www.scmp.com/postmag/culture/article/3330914/ubs-hkex-and-standard-chartereds-women-ceos-blazing-trail-and-finding-balance?utm_source=rss_feed Sat, 01 Nov 2025 04:45:07 +0000 Lu Xiongwen Lu Xiongwen Chinese companies are accelerating their global expansion, driven primarily by two forces. The first is technology. Amid tightening restrictions in the West, especially the United States, many Chinese firms struggle to access critical technologies, equipment, industrial software and even raw components. Without breakthroughs, China’s manufacturing risks a long-term decline. A growing number of scientists, engineers and executives have taken the leap into entrepreneurship, often developing “me... https://www.scmp.com/opinion/china-opinion/article/3315798/chinese-firms-going-out-global-success-requires-truly-going?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3315798/chinese-firms-going-out-global-success-requires-truly-going?utm_source=rss_feed Sun, 13 Jul 2025 12:30:08 +0000 It can be more symbolic than meaningful for the city to be ranked either just in or just out of the top 10 on one measure or another. But when it comes to recognition of efforts to attract and foster talent that enhances competitiveness, Hong Kong’s leap from 16th to ninth place shows one of the government’s main economic recovery strategies is on track. The annual talent survey of 64 economies by the International Institute for Management Development placed Singapore second globally behind... https://www.scmp.com/opinion/article/3280996/survey-shows-hong-kong-talent-search-paying?utm_source=rss_feed https://www.scmp.com/opinion/article/3280996/survey-shows-hong-kong-talent-search-paying?utm_source=rss_feed Thu, 03 Oct 2024 22:30:08 +0000 It is not quite as dramatic as a plot line in the TV drama Succession, but Brice de La Morandière came to be the head of the family winery Domaine Leflaive thanks to a rather sudden change of circumstances. It was 2015 and Anne-Claude Leflaive, then head of the family-owned winery, died of cancer aged just 59. She was widely regarded as a trailblazer of biodynamic viniculture – an organic approach that aims to achieve harmony between the soil and plants – and her untimely death left the wine... https://www.scmp.com/lifestyle/food-drink/article/3267324/accidental-burgundy-winemaker-mines-asia-us-business-experience-innovate-tradition?utm_source=rss_feed https://www.scmp.com/lifestyle/food-drink/article/3267324/accidental-burgundy-winemaker-mines-asia-us-business-experience-innovate-tradition?utm_source=rss_feed Sat, 22 Jun 2024 05:15:07 +0000 Business leadership author and motivational speaker Simon Sinek’s best known book, Start with Why (2009), counsels making issues of motivation, mission and purpose central to any organisation, arguing that the best leaders work by inspiration. Catherine Tong Dannaoui, executive director of HandsOn Hong Kong, an NGO that galvanises people to volunteer for a host of local good causes, tells Richard Lord how it changed her life. My predecessor, Sue Toomey, showed me his Ted Talk. She said it had... https://www.scmp.com/magazines/post-magazine/books/article/3264429/how-motivational-speaker-simon-sinek-helped-hong-kong-charity-boss-become-better-leader-finding-her?utm_source=rss_feed https://www.scmp.com/magazines/post-magazine/books/article/3264429/how-motivational-speaker-simon-sinek-helped-hong-kong-charity-boss-become-better-leader-finding-her?utm_source=rss_feed Wed, 29 May 2024 09:15:09 +0000 The mainland Chinese stock market is poised to see the emergence of shareholder resolutions on environment and social issues next year, as incoming corporate governance reforms start allowing many more minority owners to present proposals for voting, a stewardship expert said. Many institutional investors – previously constrained by a shareholding threshold for submitting resolutions – have just over a year to prepare for a new opportunity to escalate their stewardship activities, said Chris Liu... https://www.scmp.com/business/china-business/article/3257966/expect-more-proposals-esg-issues-china-reforms-unleash-minority-shareholder-activism-allianz-gi-says?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3257966/expect-more-proposals-esg-issues-china-reforms-unleash-minority-shareholder-activism-allianz-gi-says?utm_source=rss_feed Sun, 07 Apr 2024 03:00:15 +0000 The China-led Asian Infrastructure Investment Bank (AIIB) recently suffered a reputational crisis – its first since its founding in 2015 – sparked by the resignation of its global communications chief Bob Pickard on June 12. Pickard cited the development bank’s “toxic culture” and the influence of Communist Party members as reasons for his departure. Canada, his home country and an AIIB member, announced it would “immediately halt all government-led activity at the bank” and investigate his... https://www.scmp.com/comment/opinion/article/3227227/three-lessons-aiib-learned-after-pickards-storm-teacup?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3227227/three-lessons-aiib-learned-after-pickards-storm-teacup?utm_source=rss_feed Sat, 15 Jul 2023 17:00:27 +0000 The concept of leadership clearly means different things to different people. For some, it is all about having the organisational skills to set targets, run teams, overcome challenges and achieve results. For others, what counts more is the interpersonal aspect, in essence the communication and listening skills, plus the moral qualities and standing, to get the best out of others, whatever the situation calls for, and in doing so to serve as both example and inspiration. Of course, when schools... https://www.scmp.com/special-reports/article/3203406/how-hong-kong-schools-are-mentoring-leaders-future-through-opportunities-practise-skills-clubs?utm_source=rss_feed https://www.scmp.com/special-reports/article/3203406/how-hong-kong-schools-are-mentoring-leaders-future-through-opportunities-practise-skills-clubs?utm_source=rss_feed Wed, 01 Mar 2023 03:00:16 +0000 Chinese tech giant Xiaomi has established two corporate governance bodies in the wake of major management reshuffles at its China and India business operations, as the company battles slumping sales in both markets amid weakening global demand for smartphones. Xiaomi has set up a Corporate Operations and Management Committee consisting of 12 executives plucked from the mobile products division, global business unit, internet and ecosystem business, and finance department, founder and CEO Lei Jun... https://www.scmp.com/tech/big-tech/article/3208613/xiaomi-looks-improve-decision-making-new-governance-bodies-wake-management-reshuffles-slumping-sales?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3208613/xiaomi-looks-improve-decision-making-new-governance-bodies-wake-management-reshuffles-slumping-sales?utm_source=rss_feed Tue, 31 Jan 2023 14:30:11 +0000 Any postgraduate business programme designed for ambitious senior executives must continuously adapt and evolve. That is essential to keep pace with the impact of new technologies and how they are reshaping both thinking and practice in established industries and start-up enterprises around the world. The ability to move with the times, though, has also been important in other ways over the last couple of years. With the strictures of Covid-19 disrupting normal academic routines, it has been... https://www.scmp.com/special-reports/article/3160111/hong-kongs-dba-and-emba-business-courses-embrace-new-normal-form?utm_source=rss_feed https://www.scmp.com/special-reports/article/3160111/hong-kongs-dba-and-emba-business-courses-embrace-new-normal-form?utm_source=rss_feed Mon, 03 Jan 2022 02:00:17 +0000 Kaisa Group Holdings has lost control of a New York-listed property affiliate after a shareholders’ revolt, in a boardroom defeat that adds to the developer’s woes amid its asset sales plan to stave off defaults. Nearly 60 per cent of Nam Tai’s shareholders, most of whom unaffiliated with Kaisa, voted to eject six Kaisa-appointed directors and replaced them with executives nominated by the third-largest shareholder IsZo Capital Management. US billionaire Peter Kellogg, the second largest... https://www.scmp.com/business/china-business/article/3158022/kaisa-loses-control-nam-tais-board-epic-revolt-led-activist?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3158022/kaisa-loses-control-nam-tais-board-epic-revolt-led-activist?utm_source=rss_feed Wed, 01 Dec 2021 08:45:18 +0000 Environmental, social and governance (ESG) considerations are expected to become increasingly important to institutional investors in the Asia-Pacific region, according to a survey conducted by French bank BNP Paribas. The survey collected responses from 356 asset owners, official institutions and asset managers in Europe, North America and Asia-Pacific on their attitudes to ESG in April and May this year. The investors polled together represented more than €11 trillion (US$13 trillion) in... https://www.scmp.com/business/article/3148709/esg-considerations-rise-among-mainland-china-hong-kong-investors-awareness?utm_source=rss_feed https://www.scmp.com/business/article/3148709/esg-considerations-rise-among-mainland-china-hong-kong-investors-awareness?utm_source=rss_feed Tue, 14 Sep 2021 10:46:06 +0000 WH Group, the world’s biggest pork producer, struck back a second time on Monday at allegations by a former director that shaved US$1.4 billion off its market value last week. The Hong Kong-listed company, which owns Smithfield Foods, reiterated that recent allegations by Wan Hongjian, one of the sons of its founder Wan Long, were “untrue and misleading” before offering a lengthy “clarification” of the accusations on Monday. It issued a separate statement denying the allegations on August... https://www.scmp.com/business/companies/article/3146044/wh-group-strikes-back-allegations-founders-son-shaved-us14?utm_source=rss_feed https://www.scmp.com/business/companies/article/3146044/wh-group-strikes-back-allegations-founders-son-shaved-us14?utm_source=rss_feed Mon, 23 Aug 2021 10:30:12 +0000 Excessive restrictions on Chinese academics on overseas exchanges have seriously hampered their ability to provide policy suggestions to the government, a political adviser has told the Chinese People’s Political Consultative Conference during its annual session. Jia Qingguo, a CPPCC delegate, submitted a proposal to the advisory body during its annual session calling for the removal of “unnecessary” approval processes for academics engaging with think tanks and overseas exchange... https://www.scmp.com/news/china/diplomacy/article/3124362/chinas-restrictions-overseas-academic-exchanges-could-harm?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3124362/chinas-restrictions-overseas-academic-exchanges-could-harm?utm_source=rss_feed Sat, 06 Mar 2021 12:00:18 +0000 Lee Jae-yong has been groomed for decades to take over Samsung Group, the conglomerate founded by his grandfather and built by his father into a technology giant. Yet even after the death of Lee Kun-hee on Sunday, his only son is likely to have to wait a bit longer for his ascension. The younger Lee is in the midst of two trials over allegations he used bribery and accounting trickery to smooth his succession. While he has repeatedly denied wrongdoing, Lee faces the possibility of returning to... https://www.scmp.com/tech/big-tech/article/3107250/samsung-succession-plans-complicated-lee-jae-yongs-risk-jail-time?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3107250/samsung-succession-plans-complicated-lee-jae-yongs-risk-jail-time?utm_source=rss_feed Tue, 27 Oct 2020 08:21:46 +0000 Entrepreneur Wang Wei’s path to wealth was not an easy one. The SF Express founder and chairman ranked as China’s 10th richest billionaire in this year’s Forbes China Rich List, but before he made his fortune – a real-time net worth of US$30.1 billion, according to Forbes – he was making illegal cross-border deliveries from Hong Kong to China. But coming up with solutions to a problem is often how a successful business begins, and this is exactly how Wang got into the delivery industry. Wang’s... https://www.scmp.com/magazines/style/news-trends/article/3102409/sf-express-founder-wang-wei-chinas-10th-richest?utm_source=rss_feed https://www.scmp.com/magazines/style/news-trends/article/3102409/sf-express-founder-wang-wei-chinas-10th-richest?utm_source=rss_feed Tue, 22 Sep 2020 02:00:20 +0000 While most international travel has come to a halt amid the global spread of the coronavirus disease, Covid-19, an Australian technology company has come up with a smart passenger kiosk that may provide clues about what the future holds for air travel. The portable, cloud-based kiosk, unveiled by Elenium Automation in April, is both a health-screening device and a self-service check-in machine. The new hands-free technology used to assess a passenger’s vital signs – which can also be retrofitted... https://www.scmp.com/native/tech/innovation/topics/machine-learning-data-powered-innovations/article/3101899/ML-AI?utm_source=rss_feed https://www.scmp.com/native/tech/innovation/topics/machine-learning-data-powered-innovations/article/3101899/ML-AI?utm_source=rss_feed Fri, 18 Sep 2020 02:20:06 +0000 Peter Ma Mingzhe has stepped down as chief executive of Ping An Insurance (Group), as China’s largest insurer by market value embarks on a new management structure with three co-CEOs responsible for its operation. Ma, 65, who co-founded the insurance giant in Shenzhen three decades ago, will remain as chairman, while Jason Yao Bo, 49, chief financial officer of the group since 2008, will be promoted as the third co-CEO, Ping An said in a filing to the Hong Kong stock exchange on Wednesday. Yao,... https://www.scmp.com/business/banking-finance/article/3091423/ping-insurances-peter-ma-mingzhe-steps-down-he-hands-over?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3091423/ping-insurances-peter-ma-mingzhe-steps-down-he-hands-over?utm_source=rss_feed Wed, 01 Jul 2020 13:46:02 +0000 The Greater Bay Area’s economic integration will see greater demand for “international education” at private schools, with most of this coming from local students rather than expatriates, according to an education veteran. Betty Chan Po-king, CEO of Yew Chung International Schools in Hong Kong, said for the GBA to rival other hubs, today’s students need to be taught the right people skills to lead the region’s future growth. “Given rapid economic development and technological advancement in the... https://www.scmp.com/business/china-business/article/3089783/international-education-can-play-key-role-development?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3089783/international-education-can-play-key-role-development?utm_source=rss_feed Sat, 20 Jun 2020 05:30:11 +0000 I refer to Mr Tom Wong’s letter, “Business and accounting paper in Hong Kong’s DSE exam should not be dumbed down” (May 27). Your correspondent criticised the Education Bureau, saying it shouldn’t remove certain components from the Business, Accounting and Financial Studies curriculum. He said this risks seriously dumbing down the course and further stated how frontline teachers have demanded that accounting and business management be taught as separate subjects.   As someone who studied the... https://www.scmp.com/comment/letters/article/3088062/how-hong-kong-can-make-accounting-count-secondary-school-students?utm_source=rss_feed https://www.scmp.com/comment/letters/article/3088062/how-hong-kong-can-make-accounting-count-secondary-school-students?utm_source=rss_feed Thu, 11 Jun 2020 00:00:17 +0000 IBM’s new chief executive, Arvind Krishna, has continued an unusual company tradition, refusing to disclose the scale of its latest round of job cuts. The price: speculation about thousands of positions eliminated in the United States last month, and heightened anxiety among employees. “Everyone wants to know what the full picture is, but they’ll never get it from IBM,” said James Cortada, who spent decades at IBM and has written books on the company’s culture. International Business Machines... https://www.scmp.com/tech/big-tech/article/3087038/ibm-silent-job-cutter-stokes-worker-anxiety-speculation?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3087038/ibm-silent-job-cutter-stokes-worker-anxiety-speculation?utm_source=rss_feed Mon, 01 Jun 2020 12:43:05 +0000 The qualities that have made Jacinda Ardern the most popular prime minister of New Zealand in a century were on display this week as she took an earthquake in her stride during a live television interview. “We’re fine,” she declared cheerfully as the 5.9-magnitude quake shook New Zealand’s parliament house in Wellington for 15 seconds. “I’m not under any hanging lights.” Her coolness under pressure, self-discipline and the decisiveness of her government’s response to the coronavirus pandemic has... https://www.scmp.com/week-asia/opinion/article/3086398/what-makes-new-zealands-jacinda-ardern-authentic-leader?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3086398/what-makes-new-zealands-jacinda-ardern-authentic-leader?utm_source=rss_feed Wed, 27 May 2020 21:00:21 +0000 Before we look at the pros and cons of injecting HK$5.4 billion (US$696 million) in emergency funding into Ocean Park from public coffers, it is worth examining the reasons for its financial failure: its China-centric business model, imprudent corporate governance and financial budgeting, and a poor marketing and branding strategy. Ocean Park’s struggles reflect the challenges of the wider Hong Kong economy – a small, open economy overreliant on Chinese demand. Since 2003, the theme park’s... https://www.scmp.com/comment/opinion/article/3085736/ocean-park-failures-how-government-policy-both-cause-and-cure?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3085736/ocean-park-failures-how-government-policy-both-cause-and-cure?utm_source=rss_feed Mon, 25 May 2020 22:30:08 +0000 The Covid-19 pandemic has brought restrictions on the movement and congregation of people, forcing companies to operate businesses and manage staff remotely. Overnight, China became the world’s largest work-from-home market, with Hong Kong following soon after. Remote working has traditionally been a perk of joining a start-up and a way for cool tech to attract the best and brightest. Covid-19 has catapulted this trend into the mainstream in a matter of weeks, making remote working the accepted... https://www.scmp.com/comment/letters/article/3076087/coronavirus-crisis-how-china-hit-fast-track-multi-cloud-future?utm_source=rss_feed https://www.scmp.com/comment/letters/article/3076087/coronavirus-crisis-how-china-hit-fast-track-multi-cloud-future?utm_source=rss_feed Sun, 22 Mar 2020 22:30:06 +0000 China is ahead of the curve when it comes to gender diversity in the workplace, with 95 per cent of businesses in the country employing at least one woman in senior management roles, according to a survey released by accounting firm Grant Thornton on Thursday. Although that number dropped slightly from 97 per cent in 2019, it is higher than 83 per cent for Asia-Pacific, and 87 per cent globally, the firm said. Its “Women in business” report, which the firm said it has been conducting for more... https://www.scmp.com/business/china-business/article/3065265/chinese-companies-ahead-curve-gender-diversity-grant?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3065265/chinese-companies-ahead-curve-gender-diversity-grant?utm_source=rss_feed Fri, 06 Mar 2020 00:30:16 +0000 Jack Ma, the co-founder of Asia’s biggest company by capitalisation, said the coronavirus epidermic in China presents an opportunity for entrepreneurs to retool themselves and prepare for the growth that lies ahead when the outbreak subsides. Ma, the retired chairman of Alibaba Group Holding and principal of the non-profit Hupan College in Hangzhou, told students to “find a direction amid crisis and change” that is besetting the country, according to a video clip of his lecture at the university... https://www.scmp.com/business/banking-finance/article/3051342/jack-mas-advice-chinese-entrepreneurs-time-coronavirus?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3051342/jack-mas-advice-chinese-entrepreneurs-time-coronavirus?utm_source=rss_feed Wed, 19 Feb 2020 05:17:59 +0000 Manufacturing and logistics players reliant on China's giant economy are braced for an incoming shock wave from the spread of the novel coronavirus, which is set to test “just how reliant we have grown on Chinese manufacturers”. The world’s second largest economy remains on lockdown, with factories in 14 provinces covering 70 per cent of China’s gross domestic product and 80 per cent of its exports ordered not to open until Monday at the earliest. The virus has claimed over 420 lives, the vast... https://www.scmp.com/economy/china-economy/article/3048950/coronavirus-test-just-how-reliant-world-chinese-manufacturers?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3048950/coronavirus-test-just-how-reliant-world-chinese-manufacturers?utm_source=rss_feed Tue, 04 Feb 2020 12:00:19 +0000 BlackRock said on Tuesday it would no longer invest in thermal coal producers and would vote against management at companies it invests in if they have not made sufficient progress in disclosing climate risks, as the world’s biggest asset manager moves to make sustainability “our new standard for investing”. The announcement came as part of the latest annual letter to chief executives by Larry Fink, the BlackRock chairman and chief executive, who has previously called for companies to do more... https://www.scmp.com/business/banking-finance/article/3046011/blackrock-flexes-us7-trillion-financial-muscle-vote?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3046011/blackrock-flexes-us7-trillion-financial-muscle-vote?utm_source=rss_feed Tue, 14 Jan 2020 09:05:06 +0000 Victor Fung, a tireless advocate of globalisation and head of the world’s largest supply chain manager, has been honoured for a lifetime of corporate achievements at the 2019 DHL-SCMP Hong Kong Business Awards. Fung, the chairman of the Fung Group, is the seventh person to receive the Lifetime Achievement Award in the 30-year history of the awards. Previous winners included Hong Kong’s wealthiest man Li Ka-shing (2010), Lee Man Tat of Lee Kum Kee (2018) and L.T. Lam (2017), the creator of the... https://www.scmp.com/business/companies/article/3040754/victor-fung-feted-lifetime-achievements-top-honours-list-2019?utm_source=rss_feed https://www.scmp.com/business/companies/article/3040754/victor-fung-feted-lifetime-achievements-top-honours-list-2019?utm_source=rss_feed Thu, 05 Dec 2019 23:00:13 +0000 Companies with more women executives tend to perform better in the stock market, according to a Credit Suisse study of more than 3,000 firms listed across the world. Companies with women in at least 20 per cent of their executive management positions have outperformed those without by 3.6 per cent in the annual growth rate of share prices since 2010, according to “Gender 3000: The changing face of companies”, a report released by the Swiss investment bank recently. Even though Credit Suisse... https://www.scmp.com/business/companies/article/3037777/stock-prices-companies-more-women-executives-have-outperformed?utm_source=rss_feed https://www.scmp.com/business/companies/article/3037777/stock-prices-companies-more-women-executives-have-outperformed?utm_source=rss_feed Thu, 14 Nov 2019 23:45:13 +0000 In the executive suite of the world’s largest listed companies, the length of time top corporate leaders can be expected to remain at the helm has fallen to a multi-year low, while the percentage being ousted for unethical conduct is at its highest since the turn of the millennium, according to a survey by PwC. Among the world’s 2,500 largest public companies, 17.5 per cent changed their chief executive last year, reflecting the highest turnover rate recorded since 2000, according to PwC’s 2018... https://www.scmp.com/business/investor-relations/article/3019195/among-worlds-biggest-companies-ceos-are-spending-less?utm_source=rss_feed https://www.scmp.com/business/investor-relations/article/3019195/among-worlds-biggest-companies-ceos-are-spending-less?utm_source=rss_feed Thu, 18 Jul 2019 23:00:17 +0000 After enduring months of constant harassment at work, South Korean office worker Christine Jung finally confronted her aggressor – only to be fired and sued for defamation by her employer. Her situation is not unusual in South Korea, where employees have traditionally been expected to turn a blind eye to abusive behaviour by those in power – a phenomenon so commonplace that locals have coined a word for it, gabjil. But that could soon change thanks to a revised labour law. The new legislation... https://www.scmp.com/news/asia/east-asia/article/3018654/south-koreas-toxic-employers-face-jail-over-workplace-bullying?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3018654/south-koreas-toxic-employers-face-jail-over-workplace-bullying?utm_source=rss_feed Mon, 15 Jul 2019 08:49:29 +0000 In 2014, two Chinese chemical companies outlined plans to build massive, multibillion-dollar plants in the United States, ultimately located within a few miles of each other in Louisiana. Five years later, YCI Methanol One has completed all major permitting and its plant is 60 per cent built, while Wanhua Chemical Group Co is still struggling with approvals. The divergent paths reflect in part their different experiences navigating American business culture, risks and constraints, say company... https://www.scmp.com/news/china/article/3018467/chinese-firms-us-ability-navigate-cultural-gap-can-determine-success-or?utm_source=rss_feed https://www.scmp.com/news/china/article/3018467/chinese-firms-us-ability-navigate-cultural-gap-can-determine-success-or?utm_source=rss_feed Sat, 13 Jul 2019 15:00:10 +0000 The lock-up period for shares held by cornerstone investors in China Tower, the world’s largest telecoms tower operator, expired on Friday. The Beijing-based company listed in Hong Kong for HK$54.3 billion (US$6.9 billion) in August, making it the city’s largest initial public offering in 2018. Its 10 cornerstone investors, which include Hillhouse Capital, Och-Ziff Capital Management Group and Alibaba Group Holding, which owns the South China Morning Post, bought a combined US$1.4 billion worth... https://www.scmp.com/business/markets/article/2185492/shares-telecoms-giant-china-tower-rise-ipo-lock-period-ends-will-it?utm_source=rss_feed https://www.scmp.com/business/markets/article/2185492/shares-telecoms-giant-china-tower-rise-ipo-lock-period-ends-will-it?utm_source=rss_feed Fri, 08 Feb 2019 14:43:49 +0000 As sustainability has become a major part of the discourse in business dealings and urban developments in Hong Kong, China and the rest of the world, it pays to have the know-how required to build a smart city. For university graduates who aspire to work in the fields of corporate sustainability, environmental management or consultancy, or those who are already in business development and management but would like to acquire knowledge of environmental issues, the master of social science in the... https://www.scmp.com/news/hong-kong/education/article/2179100/time-invest-sustainable-future?utm_source=rss_feed https://www.scmp.com/news/hong-kong/education/article/2179100/time-invest-sustainable-future?utm_source=rss_feed Tue, 08 Jan 2019 01:59:30 +0000 One of the most important events and turning points in Asian business over the previous 12 month was the sudden and dramatic downfall of a corporate giant and leadership superstar in the world’s third-biggest economy. This was the downfall of Carlos Ghosn in Japan. He was the architect and leading light of the two-decade old Renault-Nissan (and now Mitsubishi) alliance, forged by a US$5 billion investment. His was one of the most successful deals in the auto industry, with selling 10.6 million... https://www.scmp.com/business/companies/article/2180856/ghosns-christmas-odyssey-tokyo-jail-reminds-us-be-sceptical?utm_source=rss_feed https://www.scmp.com/business/companies/article/2180856/ghosns-christmas-odyssey-tokyo-jail-reminds-us-be-sceptical?utm_source=rss_feed Sun, 06 Jan 2019 03:30:00 +0000 Vijaypat Singhania thought he was keeping his billion-dollar Indian textile empire in the family when he gifted control of the Raymond Group to his son Gautam three years ago. But their relationship has disintegrated spectacularly since, with the father accusing the son of cheating him out of an exclusive apartment and of unceremoniously kicking him out of the company offices. Vijaypat now bitterly regrets his decision, which he claims was made because of “emotional blackmail”, marking the... https://www.scmp.com/news/asia/south-asia/article/2180443/battling-billions-family-feuds-scarring-corporate-india?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/2180443/battling-billions-family-feuds-scarring-corporate-india?utm_source=rss_feed Wed, 02 Jan 2019 17:03:05 +0000 The Empire has struck back. Japan Inc and Nissan Motor last week struck back against the French government, carmaker Renault and Carlos Ghosn. The narrative spun by Nissan and apparently condoned by Japanese authorities is that the former high-flying head of the Nissan-Renault-Mitsubishi Motor alliance abused his position to enrich himself. The truth appears to be rather different and it seems certain to come out as “L’Affaire Ghosn” unfolds. It threatens to do at least as much damage to the... https://www.scmp.com/business/companies/article/2174787/nissans-old-guard-struck-back-against-their-gaijin-saviour-and?utm_source=rss_feed https://www.scmp.com/business/companies/article/2174787/nissans-old-guard-struck-back-against-their-gaijin-saviour-and?utm_source=rss_feed Sun, 25 Nov 2018 02:45:45 +0000 For Abraham Razack, the idea of a media interview involves meeting over drinks in the middle of a work week. It may just be a measure of how things get done in Hong Kong – by nursing relationships over gins and tonics at a favourite club. Razack, also known as Abraham Shek Lai-him, is probably one of Hong Kong’s busiest corporate directors, currently sitting on the boards of 18 publicly traded companies as an Independent Non-Executive Director (INED), taking home over HK$5 million (US$639,000)... https://www.scmp.com/business/money/wealth/article/2166173/hong-kong-poised-take-axe-multiple-directorships-enhance?utm_source=rss_feed https://www.scmp.com/business/money/wealth/article/2166173/hong-kong-poised-take-axe-multiple-directorships-enhance?utm_source=rss_feed Sat, 29 Sep 2018 07:00:45 +0000 HNA Group, one of China’s largest global asset buyers of the past five years, has reshuffled its senior management team following the death of a co-founder, as it continues a process of unwinding its acquisitive business strategy to align with Chinese government priorities. The company, which owns a range of assets from China’s fourth-largest airline to hotels, promoted Chief Executive Officer Adam Tan Xiangdong to chairman of the group’s overseas unit HNA International, a position left vacant... https://www.scmp.com/business/companies/article/2158037/hna-group-reshuffles-managers-it-unwinds-its-asset-acquisition?utm_source=rss_feed https://www.scmp.com/business/companies/article/2158037/hna-group-reshuffles-managers-it-unwinds-its-asset-acquisition?utm_source=rss_feed Thu, 02 Aug 2018 11:40:28 +0000 DJ D-Sol is better known in banking circles as David Solomon, the high flier who is about to become Goldman Sachs’ next chief executive. Aside from moonlighting as an electronic dance disc jockey, Solomon is partial to adventurous sports, collects fine wines and has a lively interest in gastronomy. In other words, he has quite a life outside banking. Yet Solomon is also regarded as being full on when it comes to the banking business, so has clearly found a way of having a varied life away from... https://www.scmp.com/business/article/2156663/dj-goldmans-next-ceo-paint-churchill-golf-deal-maker-good-leader-has?utm_source=rss_feed https://www.scmp.com/business/article/2156663/dj-goldmans-next-ceo-paint-churchill-golf-deal-maker-good-leader-has?utm_source=rss_feed Wed, 25 Jul 2018 08:00:15 +0000 Baidu’s billionaire founder Robin Li Yanhong held a town hall in Beijing on Monday in which he told those present that he remained confident in the company’s prospects and that the strategy to transform itself into an artificial intelligence (AI) company remains unchanged with the impending departure of chief operating officer Lu Qi, according to people with knowledge of the meeting. Lu was present at the meeting and said he is leaving the company for personal and family reasons, said the... https://www.scmp.com/tech/article/2147130/baidu-chief-reiterates-commitment-ai-strategy-after-abrupt-exit-chief-operating?utm_source=rss_feed https://www.scmp.com/tech/article/2147130/baidu-chief-reiterates-commitment-ai-strategy-after-abrupt-exit-chief-operating?utm_source=rss_feed Mon, 21 May 2018 22:01:14 +0000 Facebook Inc Chief Executive Mark Zuckerberg on Tuesday ordered one of the biggest management shake-ups in the history of the social network, giving more responsibility to his chief product officer and launching a blockchain division. The shake-up appeared to consolidate power at the sprawling internet company, although it included no firings or outside hires and did not change the role of either Zuckerberg or Chief Operating Officer Sheryl Sandberg. Chris Cox, the chief product officer in... https://www.scmp.com/tech/innovation/article/2145313/facebook-launches-blockchain-unit-amid-shake?utm_source=rss_feed https://www.scmp.com/tech/innovation/article/2145313/facebook-launches-blockchain-unit-amid-shake?utm_source=rss_feed Wed, 09 May 2018 04:53:40 +0000 CNBC CNBC By Stephanie Neal and Richard Wellins The generation that is quickly occupying the majority of business leadership roles is one that’s grown up playing video games, spends the most time shopping online, and uses social media more habitually than any other generation. If you were thinking it’s millennials, that’s probably because they’ve dominated the media’s focus for the past decade. But it’s actually Generation X, which covers those born between 1965 and 1981 by our definition. As Pew Research... https://www.scmp.com/business/article/2141385/generation-x-not-millennials-changing-nature-work?utm_source=rss_feed https://www.scmp.com/business/article/2141385/generation-x-not-millennials-changing-nature-work?utm_source=rss_feed Thu, 12 Apr 2018 03:59:27 +0000 Faced with the growing threat of industry shocks such as cyber fraud, cryptocurrency, quantum computing and open banking, the time for compliance departments to act is now. They must embrace innovation just like other parts of the business are doing. As financial institutions navigate digital threats and an evolving regulatory landscape, management teams need to allocate funding and time to developing new operating models, bringing in new tools and technologies and equipping staff with new... https://www.scmp.com/business/article/2139587/banks-must-beef-compliance-technology-survive-era-digital-threats?utm_source=rss_feed https://www.scmp.com/business/article/2139587/banks-must-beef-compliance-technology-survive-era-digital-threats?utm_source=rss_feed Fri, 30 Mar 2018 01:57:57 +0000 Many companies hosted events to commemorate International Women’s Day on March 8. But it’s never really been a one-day celebration. Organisations around the world hold events throughout the month of March, sometimes in April too, that are designed to encourage networking or inspire change in the business landscape. These events are imperative. We have discovered through our research timed to the annual event that when companies are vocal about their aspirations to create diversity in the... https://www.scmp.com/business/companies/article/2137565/here-are-three-actionable-areas-implementing-corporate-culture?utm_source=rss_feed https://www.scmp.com/business/companies/article/2137565/here-are-three-actionable-areas-implementing-corporate-culture?utm_source=rss_feed Sat, 17 Mar 2018 06:02:51 +0000 Accenture’s latest research, Getting to Equal 2018, looks to have proved that creating a workplace of equality unlocks human potential. And we have uncovered the 40 factors that business leaders can implement to create a workplace where everyone can advance and thrive, influence advancement and drive change. We surveyed more than 22,000 working men and women with a university education in 34 countries to measure their perception of factors that contribute to the culture in which they work. We... https://www.scmp.com/business/companies/article/2136480/driving-inclusive-culture-heres-what-you-need-get-right?utm_source=rss_feed https://www.scmp.com/business/companies/article/2136480/driving-inclusive-culture-heres-what-you-need-get-right?utm_source=rss_feed Fri, 09 Mar 2018 03:09:16 +0000 In sunny California, Elon Musk is upending America’s auto and space industries. And in a cold, gritty section of Brooklyn, his brother Kimbal has embarked on a project that is just as significant in its own way: trying to reboot the food system. The younger Musk is the co-founder of Square Roots, an urban farming incubator with the goal of teaching young people how to farm in cities while preaching the importance of locally sourced, non-processed food. Having shown its potential during the past... https://www.scmp.com/business/article/2134491/younger-musk-and-his-campaign-champion-real-food-everyone?utm_source=rss_feed https://www.scmp.com/business/article/2134491/younger-musk-and-his-campaign-champion-real-food-everyone?utm_source=rss_feed Fri, 23 Feb 2018 10:54:34 +0000 It’s the Year of the Dog, so what should you expect to change this year in the financial services world? As the old saying goes, “it’s difficult to make predictions, especially about the future”. But given recent technological trends, we can make some good guesses about what’s to come in the 12 months ahead. Cryptocurrencies have been all the rage the past year, but the underlying technology behind many of them – blockchain and digital ledger technology – will take the spotlight in 2018 with the... https://www.scmp.com/business/article/2134433/prime-time-blockchain-emergence-smart-robots-and-other-top-asian-banking?utm_source=rss_feed https://www.scmp.com/business/article/2134433/prime-time-blockchain-emergence-smart-robots-and-other-top-asian-banking?utm_source=rss_feed Fri, 23 Feb 2018 07:03:23 +0000