https://www.scmp.com/rss/323067/feed Brian Henry is a research fellow at INSEAD en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com In 1938, a young man who had just lost his father used the inheritance money from his landowning family to set up a trucking company to ship fish, vegetables and fruit on the Korean peninsula and even across the sea to Manchuria and Beijing. Rather than naming the company with his own surname, Lee, a common one in Korea, Lee Byung-chull called the enterprise Samsung, meaning three stars. It turned out to be a lucky omen, at least for the firm’s first two generations of leaders. The third “star”,... https://www.scmp.com/business/article/2114120/samsungs-lee-family-succession-crisis-shows-importance-long-term-planning?utm_source=rss_feed https://www.scmp.com/business/article/2114120/samsungs-lee-family-succession-crisis-shows-importance-long-term-planning?utm_source=rss_feed Fri, 06 Oct 2017 02:01:26 +0000 France and China have long celebrated their special relationship and their deep-rooted interests in the creative arts, trendy lifestyles and innovative fashion. Some observers of China’s fast-growing premium goods market might even be forgiven for comparing the Chinese high-end entrepreneur Jiang Qionger of Shang Xia to the French fashion icon Coco Chanel, as both women built their reputations on high-end fashion creativity. Like Coco Chanel who turned to French craftsmen and artists for the... https://www.scmp.com/business/global-economy/article/2075496/chinas-talent-exchange-programmes-can-help-unlock-creativity?utm_source=rss_feed https://www.scmp.com/business/global-economy/article/2075496/chinas-talent-exchange-programmes-can-help-unlock-creativity?utm_source=rss_feed Fri, 03 Mar 2017 08:00:17 +0000 More than 110 years ago, Fung Pak-liu, an English teacher, and Li To-ming, a local merchant whose family owned a porcelain shop, started an export trading company in Guangzhou, shipping porcelain, fireworks, jade handicrafts and silk, mainly to the United States. In 1937, Fung’s son had a dream to transform the tiny export company into a world class player. To fulfil his dream, Fung Hon-chu opened the company’s first branch office in Hong Kong, then a fast-growing port city and financial centre... https://www.scmp.com/business/companies/article/2051181/its-all-relative-four-keys-family-business-longevity?utm_source=rss_feed https://www.scmp.com/business/companies/article/2051181/its-all-relative-four-keys-family-business-longevity?utm_source=rss_feed Fri, 02 Dec 2016 08:07:29 +0000 When people talk about the Formosa Plastics Group (FPG), the first thoughts that spring to mind are its huge contributions to the growth of the Taiwanese economy over the last 50 years. FPG’s advanced engineering know-how has provided Asian countries with some of the products that enabled them to build their factories and their housing on a scale and at a speed that remains unmatched half a century later. Its legendary founder’s rags-to-riches story is well known in Asia: a man working himself... https://www.scmp.com/business/companies/article/1999246/innovation-should-always-be-rooted-core-dna-owner-managers?utm_source=rss_feed https://www.scmp.com/business/companies/article/1999246/innovation-should-always-be-rooted-core-dna-owner-managers?utm_source=rss_feed Fri, 05 Aug 2016 07:32:06 +0000